Agricultural Biologicals Market by Type (Biopesticides, Biostimulants, and Biofertilizers), by Source (Microbial and Biochemicals), by Application Method (Foliar Spray, Soil Treatment, Seed Treatment, and Others), by Crop (Row Crops, Fruits & Vegetables, and Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by MEA (Middle East, Africa) Forecast 2024-2032
The Agricultural Biologicals Market size was valued at USD 13.44 USD Billion in 2023 and is projected to reach USD 34.36 USD Billion by 2032, exhibiting a CAGR of 14.35 % during the forecast period. The Agricultural Biologicals Market gives morphological compounds from plants, microorganisms or minerals aiming at yield and quality improvement with minimal environmental burden. The introduction of these products is bio-pesticides, bio-fertilizers, and biostimulants. Biopesticides are responsible for naturally controlling pests and diseases, while biofertilizers help to improve soil fertility and plant nutrition. Biostimulants can enhance plant growth and increase plant stress tolerance. By relying less on chemical synthetics, improving soil quality, and increasing crop productivity, agricultural biologicals promote sustainable farming methods and are significant conservation instrumental especially in food security.
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The detailed report includes:
The Asia Pacific region is the largest market for agricultural biologicals, followed by North America and Europe. Latin America, the Middle East, and Africa are expected to show significant growth potential in the coming years.
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 14.35 %% from 2018-2032 |
Segmentation |
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