세계의 농업 생물학 시장 주요 동향 및 예측(-2030년) : 동향별, 지역별 분석

According to Stratistics MRC, the Global Top Trends in the Agricultural Biologicals Market is accounted for $14.7 billion in 2023 and is expected to reach $43.3 billion by 2030 growing at a CAGR of 16.7% during the forecast period. A significant use of agricultural biologicals is to replace the chemicals used in agriculture. They are topical or seed treatment solutions made from natural ingredients. The growing desire to employ sustainable agricultural methods and reduce the use of synthetic chemicals in farming are two major factors. A more environmentally friendly alternative is provided by agricultural biologicals, which are often biodegradable and have minimal impact on ecosystems.

According to Biological Products Industry Alliance, the purpose of agricultural biologicals is not considered the same by government authorities in different Asian countries. For instance, in China, they are mostly treated as fertilizers, while in Japan and South Korea, they are considered plant growth regulators.

Market Dynamics:

Driver:

Development of broad-spectrum formulations in agricultural biologicals

Organic farming has been brought about by the increase in organic food consumption. Following industry trends, some plant essential oils, such as those from mint, thyme, rosemary, clove, and citrus, are used as insecticides by certified organic growers. These plant-based oils can be utilized for integrated pest management in the production of organic foods because of their wide range of activities. Such essential oils have demonstrated good efficiency in controlling insects and mites when evaluated for pest management, along with deadly neurotoxicity and sub-lethal repellence or deterrence.

Restraint:

Supply of counterfeit and less-effective products

The industry's primary issue is the availability of counterfeit biological products, including biostimulants, biopesticides, and fertilizers, since they give farmers a bad impression of the final products and limit market expansion. The cost of manufacturing counterfeit products is incredibly low, and because fake biologicals and real ones have identical chemical and physical features, it has been impossible for farmers to distinguish between the two. Poor microbial loads, contaminated items, or inappropriate strains are utilized to simulate a product. Asian nations sell counterfeit goods as a result of a highly fragmented market with unorganized operators.

Opportunity:

Rising demand for organic products

Organic food products are becoming more popular as customers become increasingly aware of the growing usage of pesticides and fertilizers in farm-grown veggies. Organic food sales have increased as a result of the lack of pesticides, fertilizers, growth hormones, and antibiotic residues. The concept of farm-to-table has been popularized among customers owing to this growing consciousness. The retail sales of organic food items have dramatically expanded in recent years in European nations, according to a report by FiBL titled "The Organic Market in Europe 2021: Current Statistics." In the years between 2018 and 2019, Denmark, Sweden, Switzerland, Austria, and Luxembourg will likely be some of the top producers of organic products.

Threat:

Commercialization of low-quality biological products

Lack of transparency in patent protection laws in various countries has led to the prevalence of low-quality products. As the agricultural biologicals market has limited barriers to entry, which has facilitated many competitors to commence operations, the nature of the market has become fragmented. This has been a factor in the introduction of low-quality products into the market by regional or local manufacturers to gain the advantage of the growing demand for biologicals. The low prices of these products provided by small-scale domestic manufacturers also attract farmers.

COVID-19 Impact:

Since 2020, the abrupt COVID-19 pandemic breakout has had an impact on the world economy due to lockdowns and restrictions on population movement imposed by governments all over the world. All industrial sectors suffered severely since their operations were suspended, international travel ceased, and only absolutely necessary enterprises, like those producing food and medicine, were allowed to continue operating. Sales of agricultural biologicals were limited by the pandemic's rapid and severe impact on the world economy, particularly the agriculture and food sectors.

The biocontrols segment is expected to be the largest during the forecast period

Biocontrols segment commanded the largest share throughout the projection period. By safeguarding crops, biocontrol solutions are recognized to increase the quality and output of agricultural produce. They do not hurt the environment because they are entirely natural. Environmentally beneficial alternatives to chemical pesticides are biocontrol products. Additionally, one of the main factors driving the growth of the agriculture biologicals market is the rising awareness among end users regarding the residue levels of pesticides in food and the increased pest resistance to conventional crop protection chemicals.

The bioinsecticides segment is expected to have the highest CAGR during the forecast period

Bioinsecticides segment is expected to have lucrative growth over the forecasted period. With growing environmental stress and the emergence of numerous insects, plant growth has been hampered, leading to losses in productivity. In comparison to traditional pesticides, the use of bioinsecticides may be more advantageous in terms of sustainability and cost-effectiveness. Additionally, the market for bioinsecticides is also being driven by the necessity to reduce crop losses and adopt sustainability.

Region with largest share:

North America commanded the largest share over the extrapolated period. The market for agricultural biologicals is expanding as a result of the growing organic industry, rising prices for chemical fertilizers, and rising consumer awareness of the importance of preserving soil nutrients. The market's expansion in this region may be attributed to the North American region, which is distinguished by its strong research and development activities and numerous patents granted for biocontrol and biostimulants by important businesses.

Region with highest CAGR:

Asia-Pacific is expected to have lucrative growth throughout the extrapolated period. They can boost nutrient intake, stimulate plant development, increase agricultural yields, and offer organic defense against pests and diseases. Agriculture biotechnology can also aid in promoting general sustainable farming practices and enhancing soil health. A wide range of products, including biopesticides, biofertilizers, biostimulants, and other microbial-based products, are included in the market for agricultural biologicals.

Key players in the market:

Some of the key players in Top Trends in the Agricultural Biologicals market include: AgriLife, Arysta Lifescience Limited, BASF SE, Bayer AG, Bayer Cropscience Ag, Biobest Group NV, Biomax Naturals, Certis USA LLC, Corteva Agriscience, FMC Corporation, Gowan Company, Haifa Negev Technologies Ltd, IPL Biologicals Limited, Isagro Spa, Kan Biosys, Koppert B.V., Lallemand Inc., Marrone Bio Innovation Inc., Novozyme A/S, Pivot Bio, Precision Laboratories LLC, Pro Farm Group Inc., Rizobacter, Stockton bio-ag, Symborg, Syngenta AG, The Dow Chemical Company, UPL, Valent Biosciences Corporation and Vegalab SA.

Key Developments:

In April 2023, Syngenta AG (Switzerland) and Biotalys NV (Belgium) partnered to research, develop, and commercialize new biocontrol solutions to manage key pests in a broad variety of crops. The new solution will be based on Biotalys' AGROBODYTM technology and will offer a new mode of action to broaden farmers' access to novel technologies. This partnership helped the company come up with more innovative products under its solutions.

In February 2023, Bayer AG and Kimitec partnered to accelerate the research and commercialization of biological crop protection solutions, including biostimulants. According to a global agreement, both businesses will work closely together to advance and create biological solutions generated from natural sources, such as crop protection products that deal with weeds, pests, and diseases as well as biostimulants that encourage plant growth.

In January 2023, FBSciences Holdings, Inc., a pioneer in the development and marketing of naturally derived plants, soil, and climatic health solutions, has been acquired by Valent BioSciences LLC. With this acquisition, Sumitomo Chemical Co., Ltd., the parent company of Valent BioSciences, can now offer a wider range of integrated agricultural biological solutions, including biostimulants, biopesticides, and crop nutrition options.

In May 2022, UPL acquired OptiCHOS, a naturally derived fungicide from BioCHOS, a spin-off of the Norwegian University of Life Sciences. BioCHOS was formulated as a biodegradable broad-spectrum disease control solution with low environmental and human impact. The product acquisition would help UPL expand its NPP portfolio and target markets suitable to the product to address farmers' needs.

Trends Covered:

• Agricultural Biologicals
• Biocontrols
• Biofertilizers
• Biostimulants
• Bioinsecticides
• Biofungicides
• Bionematicides
• Biological Seed Treatment
• Agricultural Inoculants
• Agricultural Pheromones

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Emerging Markets
• 3.7 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Top Trends in the Agricultural Biologicals Market, By Trend

• 5.1 Introduction
• 5.2 Agricultural Biologicals
• 5.3 Biocontrols
• 5.4 Biofertilizers
• 5.5 Biostimulants
• 5.6 Bioinsecticides
• 5.7 Biofungicides
• 5.8 Bionematicides
• 5.9 Biological Seed Treatment
• 5.10 Agricultural Inoculants
• 5.11 Agricultural Pheromones

6 Global Top Trends in the Agricultural Biologicals Market, By Geography

• 6.1 Introduction
• 6.2 North America
  • 6.2.1 US
  • 6.2.2 Canada
  • 6.2.3 Mexico
• 6.3 Europe
  • 6.3.1 Germany
  • 6.3.2 UK
  • 6.3.3 Italy
  • 6.3.4 France
  • 6.3.5 Spain
  • 6.3.6 Rest of Europe
• 6.4 Asia Pacific
  • 6.4.1 Japan
  • 6.4.2 China
  • 6.4.3 India
  • 6.4.4 Australia
  • 6.4.5 New Zealand
  • 6.4.6 South Korea
  • 6.4.7 Rest of Asia Pacific
• 6.5 South America
  • 6.5.1 Argentina
  • 6.5.2 Brazil
  • 6.5.3 Chile
  • 6.5.4 Rest of South America
• 6.6 Middle East & Africa
  • 6.6.1 Saudi Arabia
  • 6.6.2 UAE
  • 6.6.3 Qatar
  • 6.6.4 South Africa
  • 6.6.5 Rest of Middle East & Africa

7 Key Developments

• 7.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 7.2 Acquisitions & Mergers
• 7.3 New Product Launch
• 7.4 Expansions
• 7.5 Other Key Strategies

8 Company Profiling

• 8.1 AgriLife
• 8.2 Arysta Lifescience Limited
• 8.3 BASF SE
• 8.4 Bayer AG
• 8.5 Bayer Cropscience Ag
• 8.6 Biobest Group NV
• 8.7 Biomax Naturals
• 8.8 Certis USA LLC
• 8.9 Corteva Agriscience
• 8.10 FMC Corporation
• 8.11 Gowan Company
• 8.12 Haifa Negev Technologies Ltd
• 8.13 IPL Biologicals Limited
• 8.14 Isagro Spa
• 8.15 Kan Biosys
• 8.16 Koppert B.V.
• 8.17 Lallemand Inc.
• 8.18 Marrone Bio Innovation Inc.
• 8.19 Novozyme A/S
• 8.20 Pivot Bio
• 8.21 Precision Laboratories LLC
• 8.22 Pro Farm Group Inc.
• 8.23 Rizobacter
• 8.24 Stockton bio-ag
• 8.25 Symborg
• 8.26 Syngenta AG
• 8.27 The Dow Chemical Company
• 8.28 UPL
• 8.29 Valent Biosciences Corporation
• 8.30 Vegalab SA