Global Agricultural Biological Market and by trends
The global agricultural biologicals market was valued at USD 6.8 Billion in 2017 and is foreseen to grow at a CAGR of approximately 14% during the report mentioned forecast period to reach USD 12.9 Billion by 2022. Agricultural biologicals are the organic products extracted from the plants and natural microorganisms to use in the place of chemicals and pesticides to increase the crop productivity and overall health. Biopesticides, biofertilizers, and biostimulants are the three different type of agricultural biologics available in the market.
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These agricultural biologicals are used in the pest management along with other synthetic crop chemicals to increase the crop yield for the farmers. They protect the crops from weeds, insects, mildew and other harmful agents in an effective manner. Biopesticides account for the largest share of the market due to their advantages over the harmful chemical fertilizers that damage the health and environment.
There are several factors supporting the growth of the global agricultural biologics market such as the increasing demand for eco-friendly products, the growing population of the world, hazardous effects of the chemical pesticides and fertilizers, improved health and productivity of the crops, increasing use of microbial seed treatment products, technological advances in the agriculture, simple residue management, time and cost-efficiency, rising need for food products across different parts of the world, government regulations supporting the organic products to protect the environment, and others. However, the high costs of the agricultural biologics compared to the chemical products and the lack of awareness among the farmers in developing regions are limiting the rapid expansion of the market.
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Based on geography, North America and Europe account for the largest market share owing to the decreasing use of chemical pesticides and fertilizers in the region based on their harmful effects on nature and health. The increasing demand for organic products and stringent government regulations supporting the bio-based products will bolster the market domination of these regions in the forecast period. The Asia Pacific region is expected to witness a slow growth due to the lack of proper initiatives in educating the farmers about the benefits of agricultural biologicals.
Some of the key players of the global agricultural biologicals market are Bayer AG, BASF SE, The Dow Chemical Company, Novozymes, Isagro, Marrone Bio Innovation Inc., Koppert B.V, ArystaLifeScience Corporation, Syngenta, and Certis USA LLC.
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Get Sample Brochure of the Report @
https://www.researchcosmos.com/request/agricultural-biological-market-by-product-type-biopesticid/19197431
These agricultural biologicals are used in the pest management along with other synthetic crop chemicals to increase the crop yield for the farmers. They protect the crops from weeds, insects, mildew and other harmful agents in an effective manner. Biopesticides account for the largest share of the market due to their advantages over the harmful chemical fertilizers that damage the health and environment.
There are several factors supporting the growth of the global agricultural biologics market such as the increasing demand for eco-friendly products, the growing population of the world, hazardous effects of the chemical pesticides and fertilizers, improved health and productivity of the crops, increasing use of microbial seed treatment products, technological advances in the agriculture, simple residue management, time and cost-efficiency, rising need for food products across different parts of the world, government regulations supporting the organic products to protect the environment, and others. However, the high costs of the agricultural biologics compared to the chemical products and the lack of awareness among the farmers in developing regions are limiting the rapid expansion of the market.
Browse report brief and TOC @
https://www.researchcosmos.com/reports/agricultural-biological-market-by-product-type-source-mode-of-application-application-and-geogr/19197431
Based on geography, North America and Europe account for the largest market share owing to the decreasing use of chemical pesticides and fertilizers in the region based on their harmful effects on nature and health. The increasing demand for organic products and stringent government regulations supporting the bio-based products will bolster the market domination of these regions in the forecast period. The Asia Pacific region is expected to witness a slow growth due to the lack of proper initiatives in educating the farmers about the benefits of agricultural biologicals.
Some of the key players of the global agricultural biologicals market are Bayer AG, BASF SE, The Dow Chemical Company, Novozymes, Isagro, Marrone Bio Innovation Inc., Koppert B.V, ArystaLifeScience Corporation, Syngenta, and Certis USA LLC.
Inquire Before Buying @
https://www.researchcosmos.com/inquire/agricultural-biological-market-by-product-type-biopesticid/19197431
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
kevin@researchcosmos.com
+1 888 709 8757