Global Agricultural Microbes Market Report 2022: Growing Awareness of Organic Agriculture to Propel Growth – ResearchAndMarkets.com


DUBLIN–(BUSINESS WIRE)–The “Global Agricultural Microbes Market Report 2022” report has been added to from ResearchAndMarkets.com offer.

The global agricultural microbes market is expected to grow from $4.25 billion in 2021 to $5.06 billion in 2022 at a compound annual growth rate (CAGR) of 19.2%. The agricultural microbial market is expected to reach USD 8.84 billion in 2026 with a CAGR of 15%.

The agricultural microbes market consists of sales of agricultural microbes by entities (organizations, individual traders, and partnerships) that include microbes such as fungi, bacteria, and viruses that are used in agriculture. Agricultural microbes are soil microorganisms that are essential for breaking down organic matter and recycling old plant material. They provide many benefits, including drought tolerance, heat tolerance, insect resistance, and plant disease resistance.

The main types of agricultural microbes are bacteria, fungi, viruses and others. The microbes are formulated using dry and liquid formulations and are used for crop protection and soil amendment. Bacteria are a type of soil microorganism that helps in soil transformation. These are also used as biofertilizer for agricultural production to produce the yield organically. The various modes of application include soil treatment, foliar spray and seed treatment which are applied in different crops such as cereals and grains, oilseeds and pulses, fruits and vegetables, turf and plants ornamental.

North America was the largest region in the Agricultural Microbial market in 2021. Regions covered in the Agricultural Microbial report are Asia-Pacific, Western Europe, Eastern Europe, North America , South America, the Middle East and Africa.

Rising awareness of organic farming is expected to propel the growth of the agricultural microbial market in the future. Organic farming is a type of farming that does not use chemical pesticides, fertilizers or other additives in farming. Organic agriculture uses a diverse community of microorganisms to protect plants against disease and maintain soil health and productivity.

For example, according to the Food and Agriculture Organization of the United States, in 2021, organic agriculture is adopted and practiced in 187 countries and nearly 72.3 million hectares of agricultural land are maintained organically by nearly 3.1 million farmers. Additionally, organic food sales reached revenues of over $115.49 billion (€106 billion) in 2019 globally. Hence, awareness of organic farming is driving the agricultural microbe market.

Increasing investment has become a key trend gaining popularity in the agricultural microbial market. Major companies operating in the agricultural microbial sector are focusing on investments to develop new technologies and products.

For example, in February 2021, ADM, a US-based nutrition, ag-based and processing company, announced a significant equity investment in Acies Bio, a Slovenia-based biotech company that specializes in research and development. as well as in manufacturing services for development and expansion. synthetic biology and precision fermentation technologies for use in food, agriculture and industry. This investment will enable ADM to advance more rapidly in precision microbial fermentation activities by leveraging Acies Bio’s considerable microbial expertise and contract manufacturing services.

Scope

Covered markets:

1) By Type: Bacteria; mushrooms; Virus; Other types

2) By formulation: Dry formulation; Liquid formulation

3) By function: crop protection; Soil amendment

4) By method of application: soil treatment; Foliar spray; Seed treatment

5) By Application: Cereals And Grains; oilseeds and legumes; Fruits and vegetables; Lawn and ornamental plants

Main topics covered:

1. Summary

2. Characteristics of the Agricultural Microbial Market

3. Agricultural Microbial Market Trends and Strategies

4. Impact of COVID-19 on agricultural microbial

5. Agricultural Microbial Market Size and Growth

6. Agricultural Microbiology Market Segmentation

7. Regional and Country Analysis of Agricultural Microbial Market

8. Asia-Pacific Agricultural Microbial Market

9. Agricultural Microbial Market in China

10. Agricultural Microbial Market in India

11. Japan Agricultural Microbial Market

12. Australia Agricultural Microbial Market

13. Agricultural Microbial Market in Indonesia

14. Agricultural Microbial Market in South Korea

15. Agricultural Microbial Market in Western Europe

16. UK Agricultural Microbial Market

17. Agricultural Microbial Market in Germany

18. France Agricultural Microbial Market

19. Eastern Europe Agricultural Microbial Market

20. Agricultural Microbial Market in Russia

21. North America Agricultural Microbial Market

22. United States Agricultural Microbial Market

23. South America Agricultural Microbial Market

24. Brazil Agricultural Microbial Market

25. Middle East Agricultural Microbial Market

26. Africa Agricultural Microbial Market

27. Agricultural Microbial Market Competitive Landscape and Company Profiles

28. Major Mergers and Acquisitions in the Agricultural Microbial Market

29. Agricultural Microbial Market Future Outlook and Potential Analysis

30. Annex

Companies cited

  • BASF SE

  • Syngenta AG

  • Koppert B.V.

  • Novozymes A/S

  • Taxon (Dupont)

  • Bayer CropScience

  • Arysta Lifescience Limited

  • AgBiome LLC

  • Certis USA LLC

  • chr. Hansen A/S

  • BioAg Alliance

  • Marrone Bio Innovations

  • Monsanto Corporation

  • Corteva

  • EastAgro

For more information on this report, visit https://www.researchandmarkets.com/r/zdx2kb

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