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How has the agricultural biologics market grown over the years?

In recent years, the size of the agricultural biologics market has seen a swift expansion. It is projected to increase from $14.32 billion in 2024 to $16.61 billion in 2025, with a compound annual growth rate (CAGR) of 16.0%. The historical period growth is due to the escalation in organic farming, increased consciousness of the environmental consequences from chemical pesticides and fertilizers, global population growth, and the emerging economies’ growth.

What Is the forecasted market size and growth rate for the agricultural biologics market?

In the coming years, the size of the agricultural biologics market is projected to expand quickly. The market is slated to reach $29.92 billion in 2029, with a compound annual growth rate (CAGR) of 15.8%. The anticipated growth during this forecast period is due to factors such as surging food needs, supportive governmental policies, the necessity for elevated crop yields, the application of precision agriculture, and a spike in disposable income. The forecast period will also see significant trends such as personalized microbial solutions, biologic seed applications, biodegradable biological formulas, and the use of blockchain technology.

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What are the major factors driving growth in the agricultural biologics market?

The growth of the agricultural biologics market has been fuelled by the rise in pest outbreaks. These outbreaks depict a significant and sudden increase in pest populations that are detrimental to crops and humans economically. Crop loss ranging from 10–40% due to pests is a reality for major food crops like corn, wheat, and rice, having economic implications worldwide. The harm these pests cause to crops considerably hinder the productivity of farmers and ruin agricultural land. For example, an article from Springer Nature Limited, a German publishing company, outlined that pathogens and pests alone were responsible for an approximate annual crop yield loss of US$220 billion as of May 2023. This has a direct influence on food security, regional economies, and related socio-economic aspects. Therefore, the escalation in pest outbreaks is propelling the expansion of the agriculture biologics market.

What key areas define the segmentation of the global agricultural biologics Market?

The agricultural biologics market covered in this report is segmented –

1) By Type: Biopesticides, Biofertilizers, Biostimulants

2) By Source: Microbials, Macrobials, Biochemicals, Other Sources

3) By Mode of Application: Foliar Spray, Soil Treatment, Seed Treatment, Post-Harvest

4) By Application: Cereals And Grains, Oilseed And Pulses, Fruits And Vegetables, Turf And Ornamentals, Other Applications

Subsegments:

1) By Biopesticides: Microbial Biopesticides, Plant-Incorporated Protectants (PIPs), Biochemical Pesticides

2) By Biofertilizers: Nitrogen-Fixing Biofertilizers, Phosphate-Solubilizing Biofertilizers, Mycorrhizal Fungi

3) By Biostimulants: Humic Substances, Seaweed Extracts, Amino Acids, Microbial Biostimulants, Other Natural Products

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What are the top market players propelling the growth of the agricultural biologics industry?

Major companies operating in the agricultural biologics market include Syngenta AG, Dow Chemical Company, Bayer AG, BASF SE, Isagro SPA, Corteva Inc., Marrone Bio Innovations Inc., Certis Group, Valent BioSciences Corp., BioWorks Inc., Andermatt Biocontrol AG, Koppert Biological Corp., Biowin AG, Verdesian Life Sciences LLC, Vestaron Corporation, Novozymes Biologicals AS, Gowan Company, AgBiome Inc., Sipcam Agro USA, Inocucor Technologies Inc., Biobest Group NV, NewLeaf Symbiotics Inc., Indigo Agriculture, Azotic Technologies, Lallemand Plant Care, Terramera Inc., FMC Corporation, Isagro Asia Pvt. Ltd., BioConsortia Inc., Valent USA LLC

What are the key trends shaping the future of the agricultural biologics market?

Leading enterprises in the agricultural biologics market are pioneering groundbreaking solutions to foster sustainability. For instance, in January 2024, Bionema UK, a biotech firm based in the UK, unveiled its Soil-Jet BSP100. This product is a biodegradable surfactant for agricultural biologicals and agrochemicals that is designed to boost the efficiency of biological and chemical products, while being eco-friendly. The Soil-Jet BSP100 dramatically decreases soil water resistance, enabling faster water absorption and sustaining uniform moisture levels in the soil. It is adaptable with traditional spraying facilities and can be used in tandem with nutrients and advantageous microorganisms, thus advancing sustainable agricultural procedures.

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What regions are dominating the agricultural biologics market growth?

North America was the largest region in the agricultural biologics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the agricultural biologics market. The regions covered in the agricultural biologics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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