農業用微生物的全球市場 - 成長率，趨勢及預測(2019年∼2024年)
Agricultural Microbial Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The agriculture microbial market is projected to register a CAGR of 5.5% during the forecast period (2021-2026). The COVID-19 pandemic has had a positive impact on the market due to the growing demand for biopesticide products to produce sustainable and healthy agricultural products. The global market has been witnessing an upward trend due to the increasing awareness and support from several agencies with respect to the usage of agricultural microbials.
Under the additive type segment of the market, the fungi types are projected to be the fastest-growing segment, owing to the increased demand for fungi as inoculants applied across various crops like cereals, grains, fruits, and vegetables globally owing to their effectiveness. However, the lack of technological advancements in microbial inoculants and the need to maintain high numbers of functional microorganisms on seeds during seed treatment are some challenges for microbial seed treatment manufacturers. North America was the largest geographic segment of the market studied. The increasing growth of high-value crops and raising awareness among farmers about the environmental benefits of microbial solutions are expected to provide more scope for the agricultural microbials market's expansion in the region.
The growing need to feed an ever-growing global population, the increasing demand for sustainable agricultural practices, and concerns of the general public over environmental safety are some of the leading drivers for the agricultural microbial market. The general public's concerns over environmental safety are one of the leading drivers for microbial products' usage. Forces driving the demand for microbials include the need for crop intensification (being able to increase yields per acre) while pursuing increasingly sustainable practices, seeking biological alternatives to boost production with decreased pressure on the environment, or adding integrated practices to close the yield gap. An increase in urbanization and less availability of arable land are motivating farmers to adopt efficient crop-protection techniques. There has been a broader acceptance and recognition of the increasing benefits of microbials. With the amount of arable land per person declining and the expansion of population, global crop yields must increase to meet the food production needs. As a result, an increase in demand for microbial products and agricultural production is being witnessed.
North America has the largest market share, with the United States accounting for more than half of the regional market share in 2020. The requirement for high crop productivity and production with high-quality, evolving agricultural practices and precision farming have been driving the market growth for agriculture microbial products over the years in North America. The region is promoting the use of microbial products to balance the agricultural sector's growth, which is mostly opted by chemical fertilizers and pesticides required to sustain its large-scale production. In North America, the United States holds the largest share with more than half of the market. The rise in organic and environment-friendly farming practices has increased the demand for agricultural microbial products, especially in the United States. With its highly evolved agricultural sector, the country has been adapting to the natural and organic way of farming due to the increasing awareness regarding balanced plant nutrition.
The agricultural microbial market is a highly fragmented market, with the presence of many domestic players. Major players such as BASF, Certis USA LLC, Marrone Bio Innovations, and others have very diversified product portfolios in this market. Additionally, these players are also focusing on R&D, a wide geographical presence, and aggressive acquisition strategies as their key adopted strategies to strengthen their positions in the market.