Agricultural Biologicals Market Size, Share, Growth Drivers, Opportunities, Top Companies, and Forecast (2024-2029)

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Agricultural Biologicals Market Size, Share,
Growth Drivers, Opportunities, Top Companies, and
Forecast (2024-2029)
The agricultural biologicals market size is
expected to grow from USD 16.7 billion in 2024 to
USD 31.8 billion by 2029, with a compound annual
growth rate (CAGR) of 13.8 during this period.
The demand for agricultural biologicals is
driven by increasing challenges in
traditional farming, including diseases,
pests, and soil degradation. Additionally,
global regulations and government
initiatives are pushing for more
sustainable agricultural practices in place
of chemical inputs. For instance, India's
Pradhan Mantri Krishi Sinchai Yojana (PMKSY)
and the National Mission on Sustainable
Agriculture (NMSA) are leading efforts in
this direction. The NMSA promotes the
use of non-toxic biofertilizers and
biopesticides to enhance soil health and
crop yield. While PMKSY focuses on
improving irrigation, it also integrates
sustainable technologies, such as
agricultural biologicals, to boost soil
fertility and resilience, aligning with the
broader goals of sustainable agriculture.
Agricultural Biologicals Market Drivers The
Agricultural Biologicals Market is influenced by
several key drivers 1. Sustainable Farming
Practices Growing demand for
environmentally friendly farming practices is
pushing the adoption of agricultural biologicals.
These products, such as biopesticides and
biofertilizers, offer a more sustainable
alternative to chemical inputs.
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• Regulatory Support Increasing regulations and
  restrictions on chemical pesticides and
  fertilizers are encouraging farmers to
  seek out biological alternatives.
  Governments and regulatory bodies are providing
  support and incentives for the use of biological
  products.
• Consumer Demand Rising consumer
  preference for organic and non-GMO
  products is driving the market for agricultural
  biologicals. Consumers are increasingly aware of
  the benefits of using products that are less
  harmful to the environment and human health.
• Advancements in Technology Innovations in
  biotechnology and microbiology are leading to
  the development of more effective and
  targeted biological products. Research and
  development in this field are enhancing the
  efficacy and application of agricultural
  biologicals.
• Climate Change Changing climate conditions
  are impacting crop yields and pest patterns,
  creating a need for new solutions to manage these
  challenges. Agricultural biologicals can offer
  adaptive solutions for pest and disease
  management in varying climates.
• Soil Health and Fertility There's a
  growing recognition of the importance of
  maintaining soil health and fertility. Biological
  products, such as mycorrhizal fungi and plant
  growth-promoting rhizobacteria (PGPR), are
  increasingly used to enhance soil quality and
  nutrient availability.
• Economic Benefits Biological products can often
  be cost-effective in the long term by reducing
  the need for chemical inputs and improving
  crop yields. This economic advantage is a
  significant driver for adoption among farmers.
• Integration with Conventional Practices The
  ability to integrate biological products with
  conventional agricultural practices allows
  farmers to benefit from both approaches. This
  integration helps in managing pests and diseases
  while optimizing crop production.
• Agricultural Biologicals Market Opportunities
  advancements in microbial research undertaken by
  key players
• The significant advancements in microbiology
  research are creating vast opportunities in the
  agricultural biologicals market. Major
  companies and institutions are investing
  heavily in discovering and developing new,
  more effective microbe strains for plants and
  soil, as well as improving methods for
  controlling pests and diseases. Innovations
  in biotechnology, genomics, and fermentation
  are enhancing the production of more
  powerful and effective biological products.
  For instance, the integration of AI and big
  data analytics into microbial research is
  accelerating the identification and
  optimization of key microbes for
  agriculture. These advancements are driving
  the development of next-generation
  biologicals with enhanced efficacy, faster
  action, and broader applications, thereby
  expanding the market.
• Fruits and vegetables are projected to experience
  the highest CAGR in the crop type segment
  throughout the forecast period.
• Farmers are increasingly relying on
  agri-biologicals to safeguard their crops, as
  even minor damage can lead to substantial
  economic losses. Fruits and vegetables, with
  their rapid growth cycles, require more
  frequent and precise protection from pests and
  diseases, which agri-biologicals can provide.
  The high perishability and stringent quality
  requirements for these produce drive the
  adoption of biologicals that offer
  residue-free solutions and meet

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rigorous safety and quality standards for both
domestic and export markets. Additionally, the
intensive cultivation practices in fruit
and vegetable production heighten the
need for effective biological solutions to
sustain yield and quality. Download PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id100393324 The agricultural
biologicals market in the North American region
is expected to grow at the highest CAGR during
the forecast period. The key market
participants, coupled with the continuous
launch of newer and more advanced biological
products with applications in local
agriculture, are driving this growth.
Besides, the well-developed regulatory
pathways in North America help in faster
approval and adoption of new products.
Large-scale commercial farming in the region
focuses on higher yields with lesser resistance
development in pests and diseases, raising demand
for new-age agricultural biologicals. This,
therefore, boosts the market through
increased adoption of precision agriculture
technologies in North America, hence the better
application and resulting efficacy of
biologicals. Top Agricultural Biologicals
Companies The key players in the agricultural
biologicals market include BASF SE (Germany),
Syngenta Group (Switzerland), Bayer AG
(Germany), FMC Corporation (US), Corteva
(US), UPL (India), Nufarm (Australia),
Novozymes A/S (Denmark), Lallemand Inc
(Canada), Mosaic (US), Rovensa Next (Spain),
Sumitomo Chemical Co., Ltd (Japan), SEIPASA, S.A.
(Spain), Koppert (Netherlands), and Gowan
Company (US). These market participants
are emphasizing the expansion of their footprint
via agreements and partnerships. They maintain a
robust presence in North America, Asia
Pacific, South America, RoW, and Europe,
and they are supported by manufacturing
facilities and well-established distribution
networks spanning these regions. BASF SE
(Germany) BASF SE is one of the top chemical
producers with six segments that make up 11
divisions. These are Chemicals, Materials,
Industrial Solutions, Surface Technologies,
Nutrition Care, and Agricultural Solutions.
Its Chemicals segment has the divisions of
Petrochemicals and Intermediates. In the
Materials segment, there are Performance
Materials and Monomers. Industrial Solutions
is comprised of the Dispersions Resins and
Performance Chemicals divisions, while Surface
Technologies is comprised of the Catalysts and
Coatings divisions. Nutrition Care is made
up of the Care Chemicals and Nutrition
Health divisions. The fungicides, herbicides,
insecticides, and biological solutions as well
as seed and seed treatment products come
from the Agricultural Solutions business
unit. BASF BioSolutions are very good
companions for organic crop protection and
conventional crop protection. They offer
bio-fungicides, bio-insecticides, and bio seed
treatment, all drawing on natural defenses
like beneficial nematodes,
microorganisms, plant extracts, and
pheromones. BASF SE is operative in more
than 90 countries around the world the
company also has six Verbund sites and 241
production sites. In July 2023, BASF and
Vivagro, a French company that specializes
in agroecological solutions, have signed a
distribution agreement for the product Essen'ciel
in the Italian and Spanish markets Essen'ciel is
a natural tungicide pesticide, and acaricide made
from sweet orange essential oil. It can be used
on a variety of crops, such as vino grapes,
vegetables, berries, ornamental plants,
industrial crops, and arboriculture. The
lack of insecticide alternatives makes
Essen'ciel a desirable biocontrol agent for pip
fruits.
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• Syngenta Group (Switzerland)
• Based in Switzerland, Syngenta Group is the
  leading global crop protection company with
• 150 subsidiaries around the world.
  Being one of the largest agriculture
  technology enterprises globally with 250 years of
  heritage, it has about 60,000 people working in
  more than 100 countries. The vision of the group
  is to change the face of agriculture with
  science- based breakthroughs to produce more
  food with greater care for people and the
  planet, increasing productivity while
  improving food quality, addressing
  climate change, and preserving natural
  resources. Long-term close collaboration
  with farmers has made Syngenta Group a
  truly regenerative agriculture advocate,
  which is the holistic and integrative
  process for food system transformation aimed at
  promoting soil health, protecting natural
  resources, and preserving biodiversity
  through strengthened farm productivity and
  resilience. Syngenta Group engages in four major
  business units Syngenta Crop Protection,
  Syngenta Seeds, ADAMA, and Syngenta China.
  Together, these entities offer the most up-
  to-date solutions to the wide needs of their
  clientele all over the world.
• In October 2023, the focus of Syngenta
  Seedcare on biologicals was further
  strengthened with the inclusion of
  biologicals in The Seedcare Institute
  official service center in Maintal, Germany.
  It offered a range of bio-based seed
  treatment products, including the EPIVIO
  product line of biostimulants designed to support
  better establishment of healthy crops, the ATUVA
  product line to improve the nutrient use
  efficiency in the soybean and legume crops, and
  the NUELLO product line of biofertilizers.
• Agricultural Biologicals Industry News
• In May 2024, Bioceres Crop Solutions
  Corp. announced that the Ministry of
  Agriculture and Livestock from Brazil,
  MAPA-Ministério de Agricultura e Pecuária,
  had approved three new bio-insecticidal and
  bio-nematocidal solutions derived from
  inactivated cells of the company's proprietary
  Burkholderia platform.
• In January 2024, Certis Biologicals
  introduced Convergence Biofungicide, a new,
  powerful crop protection solution for corn,
  soybeans, and peanuts. This innovation from
  Certis Biologicals brings to row crop
  farmers the best combination of top disease
  control and more plant health in one convenient,
  lower-priced package.
• In December 2023, Biobest Group NV
  introduced a new plant defense elicitor,
  FytoSol, designed to offer preventative
  protection against tomato leaf mold caused
  by Cladosporium (Passalora fulva) in Morocco.
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• Agricultural Biologicals Market Segmentation
• This research report categorizes the
  agricultural biologicals market based on
  type, source, mode of application, crop type,
  and region.
• By Type
• Biocontrol
• Biostimulants
• Biofertilizers
• By Source
• Microbials

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• Natural products
• Macrobials
• Semiochemicals
• By Mode of Application
• Foliar Spray
• Seed Treatment
• Soil Treatment
• Other Modes of Application
• By Crop Type
• Cereals Grains
• Oilseeds Pulses
• Fruits Vegetables
• Other Crop Types
• By Region
• North America
• Europe
• Asia Pacific
• South America
• Rest of the World (RoW)

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