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Global Agricultural Biologicals Market to Grow at a CAGR of 14.05% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Agricultural Biologicals Market 2017 - 2021” research report to their website


Lewes, DE -- (SBWIRE) -- 01/05/2018 -- Report forecast the global agricultural biologicals market to grow at a CAGR of 14.05% during the period 2017-2021.

Agricultural biologicals assist the methods of enhancing productivity in different ways. One of them is the development of biopesticides, which when applied to crops directly improve crop health and reduce further damage. This is achieved by reducing the occurrence of pests like bugs, mildew, and weeds that result in enormous damage to crops.

The report covers the present scenario and the growth prospects of the global agricultural biologicals market for 2017-2021 . To calculate the market size, the report considers the revenue generated through the market sales of biopesticides, biostimulants, and biofertilizers of various vendors in the market.

The market is divided into the following segments based on geography:
- Americas

According to the report, one of the major drivers for this market is Increasing prices of chemical fertilizers and pesticides. The increasing prices of chemical fertilizers and pesticides feature as a key driver for the global agricultural biologicals market. Use of chemical fertilizers may contribute to leaching and polluting water basins (making the crop more susceptible to diseases), destroying micro-organisms and friendly insects, and reducing soil fertility. The prices of chemical fertilizers and pesticides are high compared to that of agricultural biologicals. The rise in demand for food has led to extensive use of chemicals in agricultural practices, which ensure an increase in crop yield. However, the increased crop yield is coupled with negative impacts of the chemicals on crops. Due to chemical hazards, governments and consumers worldwide are focusing on chemical-free agricultural pesticides and fertilizers.

Further, the report states that one of the major factors hindering the growth of this market is Lack of awareness on agricultural biologicals. Lack of awareness regarding the use of agricultural biologicals is hindering the growth of the market. The adoption of updated agricultural practices by farmers depends on different factors like economic sustainability, eco-friendliness, political obligation, practical viability, and social acceptability. Since biofertilizers are not regarded as a separate product, they are mixed with organic manures and herbal extracts. Due to the lack of awareness regarding the advantages of biological products and certain assumptions associated with them (their adverse health impacts), the global agricultural biologicals market has been affected. Sub-Saharan Africa makes one of the perfect cases for such inconsistency.

Global Agricultural Biologicals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Bayer
- Novozymes

Other prominent vendors
- Agrinos
- Certis USA
- Koppert
- Marrone Bio Innovations (MBI)
- T.Stanes & Company
- Valent BioSciences

Market driver
- Increasing prices of chemical fertilizers and pesticides
- For a full, detailed list, view our report

Market challenge
- Lack of awareness on agricultural biologicals
- For a full, detailed list, view our report

Market trend
- Increased awareness and product knowledge of biostimulants
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 83 pages "Global Agricultural Biologicals Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market Segmentation By Application, Market Segmentation By Product, Regional Landscape, Decision Framework, Drivers And Challenges, Market Trends, Vendor Landscape, Key Vendor Analysis, Appendix.

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