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Global Agricultural Biologics Market: Scenario, Size, Outlook, Trend and Forecast 2025 -USD 0

Publish Date: 16-03-2019 07:10:55 | Contact name: Vidhya Nigam | Location: INDIA | Place: Navi Mumbai | 1 times displayed |



Bharat Book Bureau Provides the Trending Market Research Report on "Global Agricultural Biologics Market Size study, by type Source Mode of application Application and Regional Forecasts 2018-2025 under Food & Beverage Category. The report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

Global Agricultural Biologics Market Size study, by type (biopesticides, biostimulants and biofertilizers) Source (microbials, biochemicals and others) Mode of application (foliar sprays, soil treatment and seed treatment) Application (cereals & grains, oilseeds & pulses, fruits & vegetables and other crop types) and Regional Forecasts 2018-2025.

Global Agricultural Biologics Market to reach USD 18.9 billion by 2025.
Global Agricultural Biologics Market is valued approximately USD 6.75 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 13.77 % over the forecast period 2018-2025. Growth in trend of sustainable agricultural, low residue load and supportive government regulations are some key trends that are responsible for the wide adoption of agricultural biologics globally. Growing demand for organic food would increase the adoption of agricultural biologics as these are used to grow nutritious and health crop.

Global agricultural biologics market is significantly driven by growth prospects for organic foods. According to the Inter-American Institute for Cooperation on Agriculture in 2018, United States continues to be the largest market for organic foods across the world representing around 48% of the total, followed by France 8% and Germany 12%. In 2016, organic products exceeded to 5% of total sales and sales of organic commodities increase 23% as compared to previous year. Additionally, demand for organic beef, chicken and dairy products continues to rise, has resulted in an annual increase in organic soybean and corn imports around 33% per year. As a result, the demand and adoption of agricultural biologics would increase thereby, aiding the growth of the market over the forecast period of 2018-2025. Further, opportunities for microbial seed treatment products and market potential in developing countries offers lucrative growth prospects for the global agricultural biologics market globally over the forecast period. However, limited product availability and low efficacy of biologicals are the major factors that impede the growth of global agricultural biologics market.

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