Worldwide Agricultural Microbial Industry to 2025 - Featuring BASF, Certis USA & Syngenta Among Others - ResearchAndMarkets.com

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The "Agricultural Microbial Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The Global Agriculture Microbial Market is projected to grow at a CAGR of 12.5% during the forecast period (2020-2025). In 2019, North America was the largest geographic segment of the market studied.

Companies Mentioned

  • BASF SE

  • Certis USA LLC

  • Bayer Cropscience AG

  • Marrone Bio Innovations Inc

  • Sumitomo Chemical (Valent BioSciences LLC)

  • UPL Limited (Arysta Lifescience Limited)

  • Syngenta AG

  • Chr. Hansen Holdings A/S

  • IsAgro SpA

  • Koppert BV

  • BioAg Alliance (Bayer/Novozymes)

  • Lallemand Inc

  • Verdesian Life Sciences LLC

  • Italpollina AG

  • Precision Laboratories LLC

Key Market Trends

Increasing Food Demand and Food Safety

The growing need to feed an ever-growing global population, coupled with the increasing demand for sustainable agricultural practices and the concern of the general public over environmental safety is one of the leading drivers for the agricultural microbial market. The concern of the general public over environmental safety is one of the leading drivers for the microbial products' usage. Forces driving demand for microbial include the need for crop intensification (being able to increase yields per acre), while pursuing increasingly sustainable practices, seeking biological alternatives to boost production with decreased pressure on the environment or adding to integrated practices to close the yield gap.

An increase in urbanization and less availability of arable land are motivating farmers to adopt efficient crop-protection techniques. There has been a broader acceptance and recognition of the increasing benefits of microbial. With the amount of arable land per-person declining and the expansion of population, global crop yields must increase to meet the food production needs. As a result, an increase in the demand for microbial products and agricultural production is being witnessed.

North America Dominates the Global Market

North America was the largest market share, with the United States accounting for more than half of the regional market share in 2019. The requirement for high-crop productivity and production with high-quality, evolving agricultural practices and precision farming has been driving the market growth for agriculture microbial products over the years in North America. The region is promoting the use of microbial products, in order to balance the agricultural sector growth, which is mostly opted by chemical fertilizer and pesticide required in order to sustain its large-scale productions.

In North America, the United States holds the largest market with more than half of the market. The rise in organic and environment-friendly farming practices has increased the demand for agricultural microbial products, especially in the US. The country with its highly evolved agricultural sector has been adapting to the natural and organic way of farming with the increasing awareness regarding balanced plant nutrition.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Industry Attractiveness - Porter's Five Force Analysis

4.3.1 Bargaining Power of Suppliers

4.3.2 Bargaining Power of Buyers/Consumers

4.3.3 Threat of New Entrants

4.3.4 Threat of Substitute Products

4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 By Type

5.1.1 Bacteria

5.1.2 Fungi

5.1.3 Virus

5.1.4 Other Types

5.2 By Function

5.2.1 Soil Amendment

5.2.2 Crop Protection

5.3 By Formulation

5.3.1 Dry Formulation

5.3.2 Liquid Formulation

5.4 By Mode of Application

5.4.1 Soil Treatment

5.4.2 Foliar Spray

5.4.3 Seed Treatment

5.5 Application

5.5.1 Cereals and Grains

5.5.2 Oilseeds and Pulses

5.5.3 Fruits and Vegetables

5.5.4 Turf and Ornamentals

5.5.5 Others

5.6 Geography

5.6.1 North America

5.6.2 Europe

5.6.3 Asia - Pacific

5.6.4 South America

5.6.5 Africa

6 COMPETITIVE LANDSCAPE

6.1 Most Adopted Strategies

6.2 Market Share Analysis

6.3 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/ed9jwn

View source version on businesswire.com: https://www.businesswire.com/news/home/20201019005664/en/

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