Global for agricultural microbials market is dominated by large players such as BASF (Germany), Bayer (Germany), Monsanto BioAg (US), BioWorks (US), DowDuPont (US), Syngenta (Switzerland), and Certis (US). Some emerging players in the agricultural microbials market include Marrone Bio Innovations (US), Koppert (Netherlands), Arysta LifeScience (US), Valent BioSciences (US), and Isagro (Italy).
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The agricultural microbials market is estimated at USD 3.09 Billion in 2017, and is projected to reach USD 6.01 Billion by 2022, at a CAGR of 14.21%. The agricultural and environmental benefits associated with these microbial solutions are the major factors contributing to the growth of this market, globally.
In comparison to their chemical counterparts, microbial solutions are very target-specific.
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The stakeholders for the report are as follows:
- Key manufacturers of microbial pesticides, microbial fertilizers, and microbial biostimulants
- Key companies in the agricultural biologicals market
- Traders, distributors, and suppliers in the agricultural microbials market
- Technology providers to agricultural microbial companies
- Farmer’s organizations and crop protection product manufacturers
- Associations and industry bodies such as the Food and Agriculture Organization (FAO), Biopesticide Industry Alliance (BPIA), International Biocontrol Manufacturers Association (IBMA), and Association of American Plant Food Control Officials (AAPFCO)
- Concerned government authorities, commercial R&D institutions, and other regulatory bodies
The agricultural microbials market, based on type, has been segmented into bacteria, fungi, virus, and protozoa. The application of bacteria in agriculture has increased in terms of biofertilizers and biopesticides, as these provide higher and healthy yields in a sustainable manner.
Bacterial strains are easily available in the surrounding environment and can be isolated and reproduced.
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The agricultural microbials market, in terms of formulation, was dominated by the liquid segment. The convenience in use, handling, and application of liquid microbial products are the major reasons that support the acceptance of these products among farmers.
However, manufacturers have been developing a number of dry microbial products for crop protection, owing to which the segment is projected to grow at a higher rate in the coming years.
The breakdown of the primaries on the basis of company type, designation, and region conducted during the research study, is as follows:
- By Company type: Tier 1 - 55%, Tier 2 - 30%, and Tier 3 - 15%
- By Designation: C-Level - 40%, D-Level- 20%, and Others*- 40%
- By Region: North America- 20%, Europe - 30%, Asia Pacific - 35%, and RoW-15%*Others include sales managers, marketing managers, and product managers.
Global agricultural microbials market is dominated by large players such as BASF (Germany), Bayer (Germany), Monsanto BioAg (US), BioWorks (US), DowDuPont (US), Syngenta (Switzerland), and Certis (US). Some emerging players in the agricultural microbials market include Marrone Bio Innovations (US), Koppert (Netherlands), Arysta LifeScience (US), Valent BioSciences (US), and Isagro (Italy).
Connect for More Details for More Information “Agricultural Microbials Market by Type (Bacteria, Fungi, Virus, and Protozoa), Function (Soil Amendment and Crop Protection), Crop Type (Cereals & Grains, Oilseed & Pulses, and Fruits & Vegetables), Mode of Application, Formulation, and Region - Global Forecast to 2022” report at www.rnrmarketresearch.com/contacts…ount?rname=311144 .
The major factors restraining the growth of agricultural microbials are the shorter shelf life, field persistence, and storage conditions of microbial pesticides. Microbial solutions have a shorter shelf life of 6–24 months in comparison to conventional pesticides, which can last for 2–4 years.
The report analyzes the agricultural microbials market across different types and regions. It aims at estimating the market size and future growth potential of this market across different segments such as type, function, and crop type, mode of application, formulation, and region.
Furthermore, the report also includes in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.
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