Agricultural Biological Methods
Agricultural biologicals are a diverse group of products derived from naturally occurring microorganisms, plant extracts, beneficial insects or other organic matter. They are typically broken down into two or three major categories according to their use in agriculture:
Why Agricultural Biologicals?
The growth of the agricultural biologicals market is driven by various factors, including the need for new innovations to meet the food needs of a growing world population, an increasing demand for agricultural sustainability, consumer interest in organic products, weed and insect resistance to chemicals used in agriculture and concerns about the environmental impacts of current agricultural practices.
Agricultural biologicals offer a way to address these issues and provide a sustainable, “green” approach to the challenge of producing enough crops to keep up with an increasing demand for food and fuel.
Global agricultural biological market accounted to US$ 7,148.8 Mn in 2018 and is expected to grow at a CAGR of 12.9% during the forecast period 2019 - 2027, to account to US$ 21,141.0 Mn by 2027.
North America region accounted for the largest market share in the global agricultural biological market. The growth of the agricultural biological market in this region is primarily attributed to a shift of consumer’s preference towards organic food products coupled with rising investments in research and developments activities, favorable government initiatives towards promotion of sustainable practices and increasing health awareness are the major factors driving the market in North America region.
Agricultural biological are increasingly being used as a replacement of synthetic or chemical plant protection products like chemical pesticides, fungicides or insecticides. Agricultural biological products like biopesticides, biostimulants, and biofertilizers serve as a natural product which lead to soil health development, plant’s disease control, enhancement of nutrient uptake, plant growth enhancement, and various others. The demand for agricultural biological products is growing over other synthetic products owing to its minimal costs, low environmental impacts, and a low risk of product resistance towards the pests.
- Biostimulants (plant growth/productivity enhancement products)
- Biopesticides (plant protection or biocontrol products)
- Biofertility (plant nutrition products)
The growth of the agricultural biologicals market is driven by various factors, including the need for new innovations to meet the food needs of a growing world population, an increasing demand for agricultural sustainability, consumer interest in organic products, weed and insect resistance to chemicals used in agriculture and concerns about the environmental impacts of current agricultural practices.
Agricultural biologicals offer a way to address these issues and provide a sustainable, “green” approach to the challenge of producing enough crops to keep up with an increasing demand for food and fuel.
Global agricultural biological market accounted to US$ 7,148.8 Mn in 2018 and is expected to grow at a CAGR of 12.9% during the forecast period 2019 - 2027, to account to US$ 21,141.0 Mn by 2027.
North America region accounted for the largest market share in the global agricultural biological market. The growth of the agricultural biological market in this region is primarily attributed to a shift of consumer’s preference towards organic food products coupled with rising investments in research and developments activities, favorable government initiatives towards promotion of sustainable practices and increasing health awareness are the major factors driving the market in North America region.
Agricultural biological are increasingly being used as a replacement of synthetic or chemical plant protection products like chemical pesticides, fungicides or insecticides. Agricultural biological products like biopesticides, biostimulants, and biofertilizers serve as a natural product which lead to soil health development, plant’s disease control, enhancement of nutrient uptake, plant growth enhancement, and various others. The demand for agricultural biological products is growing over other synthetic products owing to its minimal costs, low environmental impacts, and a low risk of product resistance towards the pests.
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