Agricultural Microbial Market, By Type (Fungi, Bacteria, Protozoa, and Others), By Form (Liquid, and Dry), By Function (Crop Protection and Soil Amendment), By Application Method (Seed Treatment, Soil Treatment, Foliar Spray, and Others), By Crop Type (Fruits & Vegetables, Oilseeds & Pulses, Cereals & Grains and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI501022 | Publish Date: February 2024 | No. of Pages: 170

Agricultural Microbial Market Overview

Agricultural Microbial Market was valued at US$ 9.1 Billion in 2024 and is projected to grow at a CAGR of 6.30% to reach US$ 15.9 Billion by 2034.

Agricultural Microbial contains micro-organisms like bacteria, fungi, viruses, which are favorable for protection of crops and improvement of soil. Microbes has become the important active ingredient in biostimulants which help in improving yield of crops. Microbial diversity is an important component of biological diversity. Microbial applications in agriculture is maintenance of soil health, productivity of crop, protection of health of plant, and solving environmental issues. Microbial technology helps in treatment of waste water & recycling of industrial and agricultural waste. Microbes provides promising results in agriculture as biopesticides or biofertilizers. Agricultural Microbial help in adding crop protection and soil improvement. Microbes had become important active ingredient in biostimulants which help in improving yield of crops, and effective for synthetic agrochemicals. There are three types of soil bacteria like clostridium, azospirillum, and azotobacter which fixes nitrogen without plant host & lives freely in the soil. The microbes protect the plant from stress and feed the plant by conversion and holding of nutrients in the soil. Fungi, bacteria, protozoa, actinomycetes, nematodes, etc. are different types of soil microbes. Bacteria are extremely important in workforce of soils. Bacteria are final stage of breakdown of nutrients & releasing them to root zone for plant. Bacteria are most valuable of life forms in soil. Fungi lives in the root zone which helps in making availability of nutrients to plants. Fungi are used in producing material of nutritive value like amino acids, vitamins, and lipids to make it palatable and more nutritious, for example – mushrooms. Fungi like Mycorrhizae helps in facilitating nutrient & water uptake by roots & plants for providing amino acids, sugars and other nutrients. Mycorrhizal fungi helps in rising growth of host plant species due to production of growth promoting substances, raised nutrient uptake and tolerance to salinity, drought, and synergistic interactions with other beneficial organisms. Inoculation of arbuscular Mycorrhizae fungi in tomato plants help in increasing leaf area, potassium, nitrogen, phosphorus and calcium content to enhance the growth rate of plant compared to controls. However, wide applications in crop health and productivity has given positive impact on target market growth.

Agricultural Microbial Market Dynamics

 Rising demand for food products, organic fertilizer, rising population, & rate of urbanization

Rising demand for food products, organic fertilizer, rising population & rate of urbanization is one of the leading factors for Agricultural Microbial Market. Food is the basic requirement which keep us healthy and to survive. Rising population rapidly has given rise in use of food products. Ready to cook and convenient food are high in demand. Increase in population, industrial development, economic development has caused the increase in demand for food. Rise in transport, globalization, population, economic development has given increase in global food consumption. World population has grown exponentially from last 150 years. Population of Europe is growing by 0.1% per year but African population is increasing by 2.51% per year. Urbanization has given rise in disposable income and processed food products. Due to rate of urbanization people living in urban areas are giving preference for ready to cook & ready to eat food. Increase in online delivery of food from hotels, restaurants due to busy lifestyle, fast and convenient food has increased the demand for food products. To fulfill individual needs food production is more important. Rise in population has given rise in demand for food which has led to farmer to grow higher crop production. Agriculture Microbial helps in increasing fertility of soil. Agriculture Microbial are used as biofertilizer in agriculture. Microbes helps in decomposing dead & decaying organic matter and helps with recycling of nutrients. Organic matter in fertilizer help in providing sufficient nutrients for promoting propagation of soil microbes. Organic fertilizer are free of chemicals and good for health. Change in pattern & volume of food consumption of many people to superior grains, rapidly growing urbanization due to industrialization has given rise in demand for rice, wheat, against millets. Disposable income has allowed individual to purchase food grains in bulk. Countries like India, South Africa and China are most populated countries in the world where demand for food is high and increasing rapidly. According to CBO’s projections, population has increased in 2022 from 335 million to 369 million till 2052. According to data published by United Nations, about 8.5 billion population may reach till 2030 & increase to 9.7 billion till 2050. According to data published by United Nations in 2018, about 55% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, the growth in disposable income and population in urban areas boosts the demand for Agricultural Microbial market.

 Restrains:

Some pathogenic microbes are detrimental to yield of crop which promote spread of disease and reduce the quality of food. Pathogenic microbes are difficult to control if they are spread widely. Organic farming has some limitations like product obtained are less as compared to chemical products, product has shorter shelf life, lack of inadequate infrastructure & marketing of product, limited production as off-season crops are limited. However, some limitations in crop yield may somewhat restrain the target market growth.

Agricultural Microbial Market Segmentation

Agricultural Microbial Market- Segmentation

The Agricultural Microbial market is segmented based on type, form, function, application method, crop type, and region.

On the basis of type, the Agricultural Microbial market is segmented into Fungi, Bacteria, Protozoa, and others. On the basis of form, the target market is segmented into liquid, dry. On the basis of function, the target market is segmented into Crop Protection and Soil Amendment. On the basis of application method, the target market is segmented into Seed Treatment, Soil Treatment, Foliar Spray, and others. On the basis of crop type, the target market is segmented into Fruits & Vegetables, Oilseeds & Pulses, Cereals & Grains and others.

Regional Insights:

On region the Agricultural Microbial Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements. Moreover, rising demand for organic food, stringent regulation for chemical catalysts, rising adoption of organic farming, rising awareness about environmental benefits of microbes, rising research & development activities to achieve microbial diversity is anticipated to increase demand for Agricultural Microbial in the region.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Fungi, Bacteria, Protozoa, and others

By Form – Liquid, Dry

By Function - Crop Protection and Soil Amendment

By Application Method - Seed Treatment, Soil Treatment, Foliar Spray, and others

By Crop Type - Fruits & Vegetables, Oilseeds & Pulses, Cereals & Grains and others

 

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Agricultural Microbial Market report based on type, form, function, application, method, crop type, and region:

Agricultural Microbial Market, By Type:

  • Fungi
  • Bacteria
  • Protozoa
  • Others

Agricultural Microbial Market, By Form:

  • Liquid
  • Dry

Agricultural Microbial Market, By Function:

  • Crop Protection
  • Soil Amendment

Agricultural Microbial Market, By Application Method:

  • Seed Treatment
  • Soil Treatment
  • Foliar Spray
  • Others

Agricultural Microbial Market, By Crop Type:

  • Fruits & Vegetables
  • Oilseeds & Pulses
  • Cereals & Grains
  • Others

Agricultural Microbial Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Agricultural Microbial Market Key Players

The key players operating the Agricultural Microbial Market includes, BASF SE, Valent BioSciences, FMC Corporation, Novozymes A/S, Bayer CropScience, Koppert Biological Systems, Syngenta AG, UPL Ltd., AgBiome LLC., Nufarm Ltd., and others.

Recent Development:

  • In September 2022, FMC India has launched three new products for pest management & soil fertility. Petra Biosolution – is powered by reactive carbon technology helps in improving biological & physical properties of soil. It mobilize applied phosphorus in soil. Petra Biosolution is fortified with organic matter and act as a source of food for soil microbes, improves soil texture, facilitate nutrient uptake, and enhance fertility of soil. Cazbo crop nutrition – is a specialty micronutrient which is effective & nourishes the crop by providing supplements like zinc, calcium, and boron. Talstar Plus – is the insecticide which provides protection against chewing & sucking pests for cotton, groundnut, and sugarcane crops.

Agricultural Microbial Market Company Profile

  • FMC Corporation*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BASF SE
  • Valent BioSciences
  • Novozymes A/S
  • Bayer CropScience
  • Koppert Biological Systems
  • Syngenta AG
  • UPL Ltd.
  • AgBiome LLC.
  • Nufarm Ltd.

 “*” marked represents similar segmentation in other categories in the respective section

Agricultural Microbial Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Form
      • Market Snippet, By Function
      • Market Snippet, By Application Method
      • Market Snippet, By Crop Type
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Agricultural Microbial Market, By Type
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Fungi
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Bacteria
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Protozoa
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  6. Agricultural Microbial Market, By Form, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Liquid
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Dry
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  7. Agricultural Microbial Market, By Function, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Crop Protection
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Soil Amendment
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  8. Agricultural Microbial Market, By Application Method, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Seed Treatment
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Soil Treatment
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Foliar Spray
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  9. Agricultural Microbial Market, By Crop Type, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Fruits & Vegetables
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Oilseeds & Pulses
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Cereals & Grains
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  10. Agricultural Microbial Market, By Region, 2022 – 2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application Method, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Crop Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application Method, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Crop Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application Method, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Crop Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application Method, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Crop Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application Method, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Crop Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • BASF SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Valent BioSciences
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • FMC Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Novozymes A/S
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bayer CropScience
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koppert Biological Systems
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Syngenta AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • UPL Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • AgBiome LLC.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nufarm Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Agricultural Microbial Market is segmented into type, form, function, application, method, crop type, and region.

Agricultural Microbial Market is driven by factors like rising demand for food products, organic fertilizer, rising population, & rate of urbanization.

By region, the Agricultural Microbial market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements.

The key players operating the Agricultural Microbial Market includes, BASF SE, Valent BioSciences, FMC Corporation, Novozymes A/S, Bayer CropScience, Koppert Biological Systems, Syngenta AG, UPL Ltd., AgBiome LLC., Nufarm Ltd., and others.