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The global agricultural microbials market is projected to grow at a CAGR of 14.2% between 2024 and 2032.
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Plant-associated microbial communities provide a range of advantages including promoting growth, enhancing stress tolerance, and boosting resistance to diseases. To mitigate the adverse effects of intensive farming, farmers are employing methods such as crop rotation and the use of biofertilizers. Soil microbes play a crucial role in decomposing organic matter and establishing symbiotic relationships with plants to supply them with necessary nutrients.
Rhizobium, Azospirillum, and Bacillus are crucial for boosting crop yields by promoting growth, controlling pathogens, and aiding nutrient uptake. These microbes, alongside the ICAR-NBAIM culture collection (NAIMCC), recognised by India's National Biodiversity Authority, house over 7000 microbial accessions, enhancing agricultural practices.
Increasing interest in sustainable farming, technological advancements, adoption of biofertilizers and biopesticides, and regulatory support and initiatives are the major trends impacting the global agricultural microbials market growth.
September 28, 2023
Croda, to capitalise upon the growing biopesticide demand, launched Atlox BS-50. Formulating agricultural microbes presented a challenge, demanding a supportive formulation. Atlox BS-50 streamlined development, needing just microbe addition.
August 23, 2023
Bionema Group Ltd., a leading UK biocontrol technology developer, launched new biofertilizer products in the UK, containing live microbes to enhance plant nutrition using Incapsulex technology for precise delivery.
July 7, 2023
Bioprime Agrisolutions, an innovative agbiotech start-up, unveiled the Bionexus library, India's largest collection of plant-associated microbes, to enhance crop resilience and productivity through comprehensive plant studies.
June 12, 2022
UPL, championing sustainable agriculture, partnered with Agrauxine by Lesaffre, a bio-crop specialist, to exclusively market its new biocontrol technology in the U.S., broadening UPL's Natural Plant Protection offerings.
Increasing interest in sustainable farming
The increasing shift towards environmentally friendly farming methods is propelling the demand for microbial solutions as substitutes for chemical fertilisers and pesticides.
Technological advancements
Progress in biotechnology and microbial studies is driving the creation of new microbial strains with improved abilities to enhance soil health, nutrient absorption, and pest resilience.
Adoption of biofertilizers and biopesticides
Growing awareness of the harmful impacts of chemical inputs on the environment and human health is motivating farmers to transition to biofertilizers and biopesticides sourced from beneficial microbes.
Regulatory support and initiatives
Government programs endorsing sustainable agriculture and offering incentives for microbial solutions drive market expansion, alongside evolving regulatory frameworks supporting microbial product registration.
Partnerships among agricultural biotech companies, research entities, and governments promote customized microbial products. Microbes are integrated into precision agriculture for resource optimization and environmental sustainability.
Increased research and development investments spur innovation. The emerging markets are adopting microbial solutions for improved farm profitability, signalling global sustainability trends.
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“Global Agricultural Microbials Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Function
Market Breakup by Crop Type
Market Breakup by Application
Market Breakup by Formulation
Market Breakup by Region
Use of bacteria, among other microbials, in agriculture and cropping systems is increasing, to promote plant growth.
Bacteria in agriculture facilitate plant growth by nitrogen fixation, disease suppression, and soil health enhancement, further minimizing the dependency of growers on chemical-based products.
Meanwhile, Fungi enhance plant vitality by symbiotic mycorrhizal relationships, pathogen biocontrol, soil fertility through decomposition, and stress tolerance, thereby decreasing chemical reliance.
Increasing consumption of cereals and grains adds to the demand for crop protection products, acting as a significant contributor to the agricultural microbials market revenue.
Agricultural microbials contribute to cereals and grains by improving disease control, stress resilience and soil fertility, integrating sustainable crop production methods, and improving the absorption of vital nutrients like nitrogen, phosphorus, and potassium, resulting in enhanced crop yields and quality.
Oilseeds and pulses benefit from microbials by increasing nutrient availability, fixing nitrogen biologically, managing diseases, and enhancing root growth, thereby promoting crop health and decreasing chemical dependency.
The companies specialise in sustainable agricultural solutions, providing biological control products like beneficial insects, mites, and microorganisms to manage pests, helping reduce chemical usage.
Corteva, Inc.
Founded in 2019, Corteva, Inc. operates from Wilmington, Delaware, USA, focusing on sustainable farming solutions through its specialization in agricultural chemicals and seeds.
Syngenta Crop Protection AG
Established in 2000, Syngenta Crop Protection AG is headquartered in Basel, Switzerland, spearheading agricultural innovation worldwide by offering crop protection products and solutions.
UPL India Ltd.
With its inception dating back to 1969, UPL India Ltd. is based in Mumbai, India, serving as a premier provider of agricultural solutions, encompassing crop protection, seeds, and post-harvest technologies.
Novozymes A/S
Since its establishment in 1925, Novozymes A/S has been situated in Bagsværd, Denmark, specializing in biotechnology solutions, particularly enzymes and microorganisms tailored for various industries, including agriculture.
Other players in the market are Chr. Hansen Holding A/S, Gowan Company, L.L.C. (Isagro S.p.A.), and Koppert Biological Systems, among others.
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North America leads the agricultural microbials market, driven by increased farmer awareness of their environmental benefits and the rise in organic farming practices.
North America’s supportive policy frameworks, supported by organizations like the National Science Foundation (NSF) and the U.S. Department of Agriculture (USDA), promote research and development for diverse microbial ecosystems, fostering sustainable plant-microbe interactions.
Increasing awareness of the advantages of microbial-based crop protection products and their role in enhancing soil fertility drives market expansion in the Asia Pacific region. India and China, with substantial agricultural dependence and significant contributions to their GDPs, are key regional markets. Invest India reports that India has a considerable number of organic farmers, with 59.1 lakh hectares under organic farming.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Function |
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Breakup by Crop Type |
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Breakup by Application |
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Breakup by Formulation |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Agricultural Microbials Market Size
Agricultural Microbials Market Growth
Agricultural Microbials Market Trends
Agricultural Microbials Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 14.2% between 2024 and 2032.
The market is categorised according to the crop type, which includes cereals and grains, oilseeds and pulses, fruits and vegetables and others.
The major drivers of the market include the growth and expansion of the agricultural sector, surging cultivation of cereals and grains, and fruits and vegetables around the world, and the increasing global population.
The growing interest in sustainable farming and the supportive government policies are the key trends propelling the growth of the market.
Based on the formulations, the market is divided into dry and liquid.
Based on the applications, the market is divided into foliar spray, soil treatment, seed treatment, and post-harvest.
The market is broken down into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key market players are Corteva, Inc., Syngenta Crop Protection AG, UPL India Ltd., Novozymes A/S, Chr. Hansen Holding A/S, Gowan Company, L.L.C. (Isagro S.p.A.), and Koppert Biological System, among others.
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