The Global Agricultural Biologicals Market Growth Accelerated By Rising Global Demand Agricultural Biologicals

https://www.coherentmarketinsights.com/market-insight/agricultural-biological-market-1029
Agricultural Biologicals Market


Agricultural biologicals are natural products used as alternatives to chemicals in crop protection and soil treatments. They help improve soil health and enhance disease and pest management while protecting the environment. Key biological products include biopesticides, biofertilizers, and biostimulants. These help reduce the use of harmful chemicals and support sustainable farming practices.

The global Agricultural Biologicals Market is estimated to be valued at US$ 14245.71 Mn  in 2024 and is expected to exhibit a CAGR of 4.1%  over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The rising global demand for food security is driving the adoption of sustainable farming practices, accelerating the growth of the agricultural biologicals market. Farmers are increasingly using biopesticides, biofertilizers, and other natural products to improve soil health and maximize crop yields without harming the environment. The market is witnessing a shift from chemical-based crop protection to biological alternatives to meet regulatory standards and consumer preference for minimally processed food. Growth in organic farmland and expansion of biopesticide product portfolio by key players are some other factors boosting the agricultural biologicals industry. However, lack of awareness among smallholder farms continues to restraint the market in some regions.

Segment Analysis

The global agricultural biological market is dominated by the biopesticides sub-segment. Biopesticides witness higher demand owing to increasing awareness about adverse effects of chemical pesticides. They are safer substitutes which can control pests without harming humans and environment. Its consumption is rising for crops like cereals and grains, oilseeds, fruits and vegetables.

Key Takeaways

The global Agricultural Biological Market Size is expected to witness high growth over the forecast period of 2024 to 2031. The market size for 2024 is estimated to be US$ 14245.71 Mn  with a projected CAGR of 4.1% .

Regional analysis: Asia Pacific region is currently dominating the market and is expected to continue its dominance owing to large area under cultivation. China, India and other developing countries in the region have warmed up to use of biological products for farming. Government initiatives to promote organic and sustainability farming practices are also supporting regional market growth.

Key players: Key players operating in the agricultural biological market are Amezeus (HFS Group), Robert Bosch GmbH and Zoov. Amezeus (HFS Group) leads the biopesticides segment globally. Robert Bosch GmbH provides integrated biological, mechanical and digital solutions for precision farming. Zoov offers bioinoculants and biofertilizers to farmers through its widespread distribution network.

Explore more related article on this topic: https://www.newsstatix.com/the-global-agricultural-biological-market/

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