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What fueled the previous growth in the agricultural microbial market?

In the past few years, there has been a significant expansion in the size of the agricultural microbial market. It is projected to amplify from $6.7 billion in 2024 to $7.75 billion in 2025, translating to a compound annual growth rate (CAGR) of 15.6%. Factors such as the swelling demand for sustainable farming, regulatory backing, heightened farm productivity, and worries regarding pesticide residues have generally contributed to this growth in the historical period.

What will be the agricultural microbial market size in the future?

The market size for agricultural microbes is predicted to expand swiftly in the upcoming years. A compound annual growth rate of 15.6% is expected to result in a growth to $13.83 billion by 2029. This projected growth during the forecasted period can be credited to factors such as ongoing focus on sustainability, adjusting to climate change, the surge in organic farming, ensuring global food security, and the adoption of integrated pest management (IPM) in emerging markets. The forecast period also anticipates major trends like progress in biotechnology, research and development ventures, collaboration and partnerships, microbial consortia, microbiome research, and the rise of digital agriculture.

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What main drivers are fueling expansion in the agricultural microbial market?

The growing recognition of organic farming is projected to fuel the expansion of the agricultural microbial market in the future. Organic farming is a farming technique that foregoes the use of chemical pesticides, fertilizers, or other additives. This method of farming utilizes a diverse array of microorganisms to safeguard plants from diseases and uphold soil health and productivity. For example, as per data released by IFOAM—Organics International, a civic and social organization based in Germany, in February 2024, by the close of 2022, a sum of 96.4 million hectares were organically managed, indicating a rise of 26.6 percent, or 20.3 million hectares, from 2021. Thus, increased consciousness about organic farming is a driver for the agricultural microbial market.

What key areas define the segmentation of the global agricultural microbial market?

The agricultural microbial market covered in this report is segmented –

1) By Type: Bacteria, Fungi, Virus, Other Types

2) By Formulation: Dry Formulation, Liquid Formulation

3) By Function: Crop Protection, Soil Amendment

4) By Mode Of Application: Soil Treatment, Foliar Spray, Seed Treatment

5) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Turf And Ornamentals

Subsegments:

1) By Bacteria: Nitrogen-Fixing Bacteria, Phosphate-Solubilizing Bacteria, Biocontrol Bacteria, Others

2) By Fungi: Mycorrhizal Fungi, Trichoderma Species, Plant Growth-Promoting Fungi, Others

3) By Virus: Plant Virus Biocontrol Agents, Insect Virus Biocontrol Agents

4) By Other Types: Algae, Protozoa, Actinomycetes

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Who are the dominant players expanding their reach in the agricultural microbial market?

Major companies operating in the agricultural microbial market include BASF SE, Syngenta AG, Koppert BV, Novozymes A/S, Bayer CropScience, Arysta Lifescience Limited, AgBiome LLC, Certis Usa LLC, Chr. Hansen A/S, BioAg Alliance, Marrone Bio Innovations, Monsanto Company, Corteva Agriscience, Valent BioSciences, Lallemand Plant Care, Camson Bio Technologies, Becker Underwood, BioConsortia Inc., Phyllom BioProducts Inc., Rizobacter Argentina S. A., Terramera Inc., BioWorks Inc., Biochimex S. A. S., BioForest Technologies Inc., Andermatt Biocontrol AG, Verdesian Life Sciences LLC, Metagenomics Inc., Qingdao Future Group, BioNovelus Inc.

How are evolving market trends shaping agricultural microbial Strategies?

Key players in the agricultural microbia industry are focusing on forging new alliances to firm up their market standing. The term strategic business partnership is used to describe a well-defined collaboration between two or more businesses, usually formalized through contractual relationships or business deals. As an example, the German pharmaceutical and biotech firm, Bayer AG, announced a partnership in October 2022 with Ginkgo Bioworks, a biotech firm situated in the USA. The core of this partnership is the adoption of microbial technologies to create cutting-edge biological solutions for agriculture, with a primary focus on enhancing nitrogen optimization and carbon sequestration. The main objective of this cooperative endeavor is to fortify Bayer’s capacity for research and development related to biological products, thereby expediting the provision of sustainable agricultural solutions to cultivators on a global scale.

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Which regions are emerging as leaders in the agricultural microbial market?

North America was the largest region in the microbial agriculture market in 2024. The regions covered in the agricultural microbial market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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