市場調查報告書
商品編碼
1098576
農業用生技藥品的全球市場預測(~2028年):原料,作物類型,用途,各地區的分析Agricultural Biologicals Market Forecasts to 2028 - Global Analysis By Source (Microbials, Biochemicals), Crop Type (Row Crops, Macroindicators), Application, and By Geography |
全球農業用生技藥品的市場規模在2021年估算為113億4,000萬美金,在預測期間內預計將以15.7%的年複合成長率擴大,2028年之前達到314億7,000萬美元。
這份報告提供全球農業用生技藥品市場調查,提供市場的推動因素與阻礙因素,市場機會,COVID-19影響,各市場區隔的市場分析,競爭情形,主要企業的簡介等系統性資訊。
According to Stratistics MRC, the Global Agricultural Biologicals Market is accounted for $11.34 billion in 2021 and is expected to reach $31.47 billion by 2028 growing at a CAGR of 15.7% during the forecast period. Agricultural biologicals are plant protection products derived from organic matter, such as microorganisms, insects, and plant or animal extracts. They are considered comparatively safe and do not leave residues on the crops. Agricultural biologicals are produced with ingredients of natural origin and are thus completely biodegradable as well as non-toxic to plants and consumers alike.
Organic farming enables the production of high-quality, certified, controlled, and safe food. According to a study by the Organic Trade Association in 2019, organic food products accounted for 90% of the overall organic product industry. The interest of consumers in organic agricultural production has been growing at an unprecedented rate over the last few years. In the financial year 2021, more than two percent of the net area in India was under organic farming, this was an increase from last year. According to Food and Agriculture Organization, organic agriculture is practiced in 187 countries, and 72.3 million hectares of agricultural land were managed organically by at least 3.1 million farmers.
Market Dynamics:
Driver:
Increasing demand for biological
The rising demand for biologicals is expanding essentially in modern agriculture practices, attributable to the increasing requirement for more secure and residue-free food among consumers across the globe. Moreover, biologicals play a crucial role in improving soil fertility, along with ensuring long-term sustainability. Rapid shift towards organic farming and decrease of chemical residues in the environment are likewise driving the agricultural biologicals market. In addition, the rising acceptance of biopesticides in different developing countries, and the growing requirement for quality food to cater to demand from a rapidly increasing global populace are factors supporting the growth of the agricultural biologicals market.
Restraint:
Environmental constraints
Agricultural biologicals have a short shelf life and a chance of contamination. The main issue in agricultural inoculation technique is the survival of microorganisms during storage; the other problematic parameters include direct exposure to sunlight, culture mediums, physiological state of the microorganisms when harvested, temperature maintenance during storage, and water activity inoculants that influence their shelf life. Various products can produce different results as far as compatibility with agricultural microbials. Biofertilizers are generally mixed with fertilizers, as there may be compatibility issues between the chemicals utilized in fertilizers and biofertilizers.
Opportunity:
Increasing importance of sustainable food production
The concept of bio-farming is effectively acquiring popularity as it depends on the utilization of organic and biofertilizers instead of the utilization of chemical fertilizers as well as the use of safe green pesticides and pesticides. By adopting sustainable practices, farmers decrease their dependence on non-renewable energy, lessen chemical use and save scarce resources. Keeping the land healthy and replenished can go a long way when considering the increasing population and demand for food. Food organizations are increasing their sustainable efforts, teaming up with their providers, and fine-tuning their business models, which, in turn, provide ample opportunities for market growth.
Threat:
High preference for agrochemicals among farmers across regions
Biologicals do not pose a risk to the organisms that are beneficial to the development of the crop but only target specific pests and related species. It also does not harm the farmers and offers the advantages of short field Restricted-Entry Interval (REI), because of which farmers can access the fields frequently. However, there are certain barriers to the adoption of biologicals. For instance, the conventional pesticide and fertilizer market is well-established and has different products in the market. Farmers are risk-averse to adopting biologicals, as they are accustomed to the utilization of conventional pesticides and fertilizers because of the perception of higher yield. Moreover, farmers have a perception that biologicals are costlier than conventional products, which also poses a challenge to the adoption of biologicals.
The foliar spray segment is expected to be the largest during the forecast period
The foliar spray segment is estimated to have a lucrative growth owing to its increasing adoption by large as well as small-scale organic and also conventional farmers. Foliar applications help plants in compensating for soil deficiencies such as low fertility and low soil temperature during the growing season. Foliar feeding can be planned to enhance key phases of the plant's life cycle, such as seedling emergence, rapid growth phases, blooming, fruiting, and seed development.
The fruits and vegetables segment is expected to have the highest CAGR during the forecast period
The fruits and vegetables segment is anticipated to witness the fastest CAGR growth during the forecast period owing to its growing demand across the globe attributed to various health benefits offered by them. High demand for organic seasonal and continental fruits and vegetables especially across developed economies is expected to increase the demand for agricultural biologicals in the production of different fruit & vegetable varieties.
Region with highest share:
North America is projected to hold the largest market share during the forecast period due to increasing acreage for field crops, constantly evolving agricultural practices in the region for farming techniques, government regulations promoting sustainable farming methods, and the rising case of infestation by plant pathogens on these crops. In addition, an easy regulation framework for biopesticide registration in the US is one of the key factors driving the growth of the North American market.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period owing to increasing consumer preference for organic food coupled with regulatory initiatives and agricultural reforms undertaken by various governments. The growing number of organic farms in prominent economies, stringent regulations on the use of various synthetic crop protection chemicals to safeguard the environment, availability of advanced agricultural product development technologies, equipment, and ongoing projects will boost the market in the region.
Key players in the market
Some of the key players profiled in the Agricultural Biologicals Market include Vegalab SA, Bayer AG, UPL, Trade Corporation International, Syngenta, Biolchim SPA, Rhizobacter, Marrone Bio Innovation, Inc, Lallemand Inc, Koppert Biologicals System, Gowan Company, Biovert S.L., Stockton Bio AG, BASF, and Valent Bioscience.
Key Developments:
In October 2021, BASF collaborated with Vipergen, a global leader in research services, to apply technology to discover new active ingredients for sustainable crop protection products more efficiently and quickly. The collaboration with Vipergen will complement their set of tools aimed at developing novel, world-class, sustainable crop protection solutions for a connected offer that will benefit farmers, consumers, and the environment.
In October 2020, Syngenta acquired Valagro. Valagro would continue to operate as an independent brand in the market within the Syngenta Crop Protection business. Valagro's well-established portfolio in biostimulants and specialty nutrients would complement both Syngenta Crop Protection's current range of biostimulants and biocontrols, as well as its future pipeline of biological solutions.
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.