Agricultural Microbials Market Size 2021 Analysis, Opportunities and Growth, Forecast to 2028 | BASF SE, Queensland Agricultural Seeds, Bayer CropScience, etc

Agricultural Microbials Market Size 2021 Analysis, Opportunities and Growth, Forecast to 2028 | BASF SE, Queensland Agricultural Seeds, Bayer CropScience, etc
Agricultural Microbials Market Size: USD 6 Billion in 2020, Market Growth: 14.5%, Market Trend: Increasing demand for organic food among people and rising adoption for the organic agricultural procedure.

Increasing implementation of IMP (Integrated Pest Management) worldwide and the depleting costs for developing microbials are the significant factors fueling the market for agricultural microbials.  

Market Size: USD 17.48 billion in 2020, Market Growth: 14.5%, Market Trend: Favorable government initiatives and investments in the agricultural sector.

According to a new report generated by Reports and Data, the global Agricultural Microbial Market is estimated to reach USD 17.48 Billion by 2028, with a CAGR of 14.5%. Increasing demand for biofertilizers to improve crop quality is expanding the agricultural microbial market. 

Agricultural microbes are naturally occurring organisms such as bacteria, fungi, protozoa, and viruses that supply nutrients to the plants. They help in improving the soil quality as well as plant growth and efficiency. 

Increasing implementation of IMP (Integrated Pest Management) worldwide and the depleting costs for developing microbials are the significant factors fueling the market for agricultural microbials. Additionally, the private and public sectors are investing in R&D activities to develop improved products to enhance plant quality and growth. 

However, factors such as the absence of advanced technologies for microbial inoculants and the maintenance of enormous microorganisms during seed treatment, along with shorter shelf life and higher chances of spoilage due to climatic changes, are the key factors depleting the market growth of the agricultural microbials.

Moreover, the COVID-19 pandemic has caused havoc in the global industry for the agricultural sector. The import and export are on hold due to the rising cases and lockdown orders to limit the virus from spreading. 

Further key findings:

  • Based on the Type, the fungi segment is predicted to hold a considerable market share from 2021 to 2028. They are a useful growth-promoting factor for plants and help increase flowering, germination, and overall plant yield. Due to these factors, the utilization of fungi is expected to surge. 
  • On the basis of crop type, the fruits and vegetable section is estimated to occupy the largest market share in the global industry due to the extensive utilization of fresh fruits and vegetables to balance the nutrient content in the food.
  • In context to function analysis, the soil amendment segment is estimated to grow significantly during the projected period due to the requirement of additional nitrogen supplements in the soil for improved yield. 
  • North America is expected to continue its dominance in the global agricultural microbial market due to the increasing awareness regarding the environmental benefits and surging implementation of organic farming. 
  • Europe is expected to hold the second-largest share of the global agricultural microbial market during the analysis period due to the strict rules regarding chemicals and rapid expansion of organic farming in certain European countries. 
  • Some of the key participants in the market are BASF SE (Germany), Queensland Agricultural Seeds (Australia), Bayer CropScience (Germany), Monsanto Company (U.S.), Corteva (U.S.), Syngenta AG (Switzerland), Certis USA LLC (U.S.), and CHR. Hansen Holdings (Denmark) Novozymes A/S (Denmark), Sumitomo Chemicals Company Ltd. (Japan), Dow AgroSciences LLC (U.S.),) Nufarm Ltd. (Australia), Koppert B.V. (Netherlands), Certis U.S.A. LLC (U.S.), Novagreen Inc. (Canada), XiteBio Technologies Inc. (Canada), Verdesian Life Sciences, LLC (U.S.), and Mitsubishi Shoji Foodtech Co., Ltd. (Japan).

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For this study, Reports and Data has segmented the global agricultural microbial market based on Type, Crop Type, Functions, Mode of Application, Formulations, and Region:

Based On Type: (Revenue, USD billion, 2018 – 2028)

  • Bacterial 
    • Bacillus spp
    • Rhizobium spp
    • Enterobacteriaceae
    • Pasteuria
    • Streptomyces
  • Fungi 
    • Trichoderma spp
    • mycorrhizal fungi 
    • Others
  • Viruses
  • Protozoa

Based On Crop type: (Revenue, USD billion, 2018 – 2028)

  • Cereals & grains
  • Oilseeds & pulses
  • Fruits & vegetables
  • Other crop types 
    • Turfs
    • Ornamentals
    • plantation crops
    • forages

Based On Functions: (Revenue, USD billion, 2018 – 2028)

  • Soil amendments 
    • Biofertilizers
    • Biostimulants
  • Crop protection 
    • Bioinsecticides
    • Biofungicides
    • Bioherbicides

Based On Application: (Revenue, USD billion, 2018 – 2028)

  • Foliar spray
  • Soil treatment
  • Seed treatment
  • Other modes of application

Based On Formulation: (Revenue, USD billion, 2018 – 2028)

  • Dry 
    • Dry granules
    • Water-dispersible granules
    • Wettable powders
  • Liquid 
    • Emulsifiable concentrates
    • Suspension concentrates
    • Soluble liquid concentrates

Based On Region: (Revenue, USD billion, 2018 – 2028)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia and New Zealand
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America


  • Middle East And Africa
    • South Africa
    • Israel
    • Rest of ME&A

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Table Of Contents

Chapter 1. Methodology and Scope
                 1.1. Market Segmentation & Scope
                 1.2. Market Definition
                 1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                 1.4. Information Analysis
                      1.4.1. Data Analysis Models
                 1.5. Market Formulation & Data Visualization
                 1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                 2.1. Market Outlook
                 2.2. Segmental Outlook
                 2.3. Competitive Insights

Chapter 3. Drip Irrigation Market Variables, Trends & Scope

Chapter 4. Consumer Behavior Analysis

Chapter 5. Agricultural Microbial Market: Type Estimates & Trend Analysis

Chapter 6. Agricultural Microbial Market: Crop Type Estimates & Trend Analysis

Chapter7. Agricultural Microbial Market: Functions Estimates & Trend Analysis

Chapter 8. Agricultural Microbial Market: Application Estimates & Trend Analysis

Chapter 9. Sulfur Fertilizers Market: Cultivation Formulation Estimates & Trend Analysis

Chapter 10. Sulfur Fertilizer Market: Regional Estimates & Trend Analysis

Chapter 11. Competitive Analysis

Chapter 12. Company Profiles
                 12.1. BASF SE (Germany)
                      12.1.1. Company Overview
                     12.1.2. Financial Performance
                      12.1.3. Product Benchmarking
                      12.1.4. Strategic Initiatives
                 12.2. Bayer CropScience (Germany)
                      12.2.1. Company Overview
                      12.2.2. Financial Performance
                      12.2.3. Product Benchmarking
                      12.2.4. Strategic Initiatives
                 12.3. Sumitomo Chemicals Company Ltd. (Japan)
                      12.3.1. Company Overview
                      12.3.2. Financial Performance
                      12.3.3. Product Benchmarking
                      12.3.4. Strategic Initiatives
                 12.4. Corteva (US)
                      12.4.1. Company Overview
                      12.4.2. Financial Performance
                      12.4.3. Product Benchmarking
                      12.4.4. Strategic Initiatives
                 12.5. Syngenta AG (Switzerland)
                      12.5.1. Company Overview
                      12.5.2. Financial Performance
                      12.5.3. Product Benchmarking
                      12.5.4. Strategic Initiatives
                 12.6. Certis USA LLC (US)
                      12.6.1. Company Overview
                      12.6.2. Financial Performance
                      12.6.3. Product Benchmarking
                      12.6.4. Strategic Initiatives
12.7. Novozymes A/S (Denmark)
                      12.7.1. Company Overview
                      12.7.2. Financial Performance
                      12.7.3. Product Benchmarking
                      12.7.4. Strategic Initiatives
12.8. Dow AgroSciences LLC (US)
                      12.8.1. Company Overview
                      12.8.2. Financial Performance
                      12.8.3. Product Benchmarking
                      12.8.4. Strategic Initiatives
12.9. Verdesian Life Sciences, LLC (US)
                      12.9.1. Company Overview
                      12.9.2. Financial Performance
                      12.9.3. Product Benchmarking
                      12.9.4. Strategic Initiatives
12.10. Italpollina Usa, Inc. (US)
                      12.10.1. Company Overview
                      12.10.2. Financial Performance
                      12.10.3. Product Benchmarking
                      12.10.4. Strategic Initiatives
            12.11. Mitsubishi Shoji Foodtech Co., Ltd. (Japan)
                      12.11.1. Company Overview
                      12.11.2. Financial Performance
                      12.11.3. Product Benchmarking
                      12.11.4. Strategic Initiatives


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