The Business Research Company’s report on the Agricultural Biologics Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the agricultural biologics market?
The increasing incidences of pest outbreaks contributed to the growth of the agricultural biologics market. Pest outbreaks refer to an increasing sporadic and large population of pests that are economically harmful to crops and human beings. Due to pest outbreaks, the threats to crops cause 10–40% losses to major food crops such as corn, wheat, and rice cost to the global economy. The pests cause damage to crops and significantly impair growers’ productivity and destroy cropland. For instance, in May 2023, an article published by Springer Nature Limited, a Germany-based provider of publishing services the annual crop yield loss caused by pathogens and pests alone is estimated at US$220 billion, directly impacting food security, regional economies, and other linked socio-economic aspects. Hence, increasing pest outbreaks is driving the growth of the agriculture biologics market.
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How has the agricultural biologics market size evolved, and what are the latest forecasts for its expansion?
The agricultural biologics market size has grown rapidly in recent years. It will grow from $14.32 billion in 2024 to $16.61 billion in 2025 at a compound annual growth rate (CAGR) of 16.0%. The growth in the historic period can be attributed to rise in organic farming, rise in awareness of the environmental impact of chemical pesticides and fertilizers, growth in global population, emerging growth in economies.
The agricultural biologics market size is expected to see rapid growth in the next few years. It will grow to $29.92 billion in 2029 at a compound annual growth rate (CAGR) of 15.8%. The growth in the forecast period can be attributed to increasing food demand, favorable government policies, demand for higher crop yields, adoption of precision agriculture, rise in disposable income. Major trends in the forecast period include customized microbial solutions, biological seed treatments, biodegradable biologic formulations, utilizing blockchain technology.
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Which major companies dominate the agricultural biologics market?
Major companies operating in the agricultural biologics market include Syngenta AG, Dow Chemical Company, Bayer AG, BASF SE, Isagro SPA, Corteva Inc., Marrone Bio Innovations Inc., Certis Group, Valent BioSciences Corp., BioWorks Inc., Andermatt Biocontrol AG, Koppert Biological Corp., Biowin AG, Verdesian Life Sciences LLC, Vestaron Corporation, Novozymes Biologicals AS, Gowan Company, AgBiome Inc., Sipcam Agro USA, Inocucor Technologies Inc., Biobest Group NV, NewLeaf Symbiotics Inc., Indigo Agriculture, Azotic Technologies, Lallemand Plant Care, Terramera Inc., FMC Corporation, Isagro Asia Pvt. Ltd., BioConsortia Inc., Valent USA LLC
What trends will shape the future of the agricultural algaecides market?
Major companies in the agricultural biologics are introducing innovative solutions to promote sustainability. For instance, in January 2024, Bionema UK- UK-based biotechnology company launched its Soil-Jet BSP100. Soil-Jet BSP100 is a biodegradable surfactant for agricultural biologicals and agroChemicals. Soil-Jet BSP100 is designed to enhance the effectiveness of biological and chemical products while being environmentally friendly. Soil-Jet BSP100 significantly reduces soil water repellence, facilitating quicker water penetration and maintaining consistent moisture levels in the soil. The surfactant is compatible with conventional spraying equipment and can be used alongside nutrients and beneficial microorganisms, promoting sustainable agricultural practices.
Which region dominates the agricultural biologics market, and what factors contribute to its leadership?
North America was the largest region in the agricultural biologics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the agricultural biologics market. The regions covered in the agricultural biologics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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How is the agricultural biologics market segmented, and which segment holds the largest share?
The agricultural biologics market covered in this report is segmented –
1) By Type: Biopesticides, Biofertilizers, Biostimulants
2) By Source: Microbials, Macrobials, BioChemicals, Other Sources
3) By Mode of Application: Foliar Spray, Soil Treatment, Seed Treatment, Post-Harvest
4) By Application: Cereals And Grains, Oilseed And Pulses, Fruits And Vegetables, Turf And Ornamentals, Other Applications
Subsegments:
1) By Biopesticides: Microbial Biopesticides, Plant-Incorporated Protectants (PIPs), Biochemical Pesticides
2) By Biofertilizers: Nitrogen-Fixing Biofertilizers, Phosphate-Solubilizing Biofertilizers, Mycorrhizal Fungi
3) By Biostimulants: Humic Substances, Seaweed Extracts, Amino Acids, Microbial Biostimulants, Other Natural Products
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How is the agricultural biologics market defined, and what are its core characteristics?
The agricultural biologicals are used to safeguard plants against pests, improve yield and prevent diseases. Agricultural biologicals refer to microorganisms or biochemical derived from naturally occurring microorganisms, plant extracts, insects, or other organic matter. It is combined with synthetic crop protection products as an integrated management solution. Agricultural biologics aims to provide a holistic approach for growers to maximize crop yields, improve quality, and minimize pest resistance.
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