The Agricultural Microbials Market is estimated to be valued at USD 6.4 billion in 2022. It is projected to reach USD 12.6 billion by 2027, recording a CAGR of 14.6% according to a new report by MarketsandMarkets™.
The global agricultural microbials market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period. With the decrease in per capita arable land and rise in demand and preference for fruits and vegetables in developing countries, the trend of investing in R&D activities to improve farming techniques has significantly boosted the use of agriculture microbial products in the agriculture industry.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=15455593
The use of microbial biopesticides and biofertilizers in agriculture is gaining importance due to their potential to increase the resilience and yields in farming systems. They enhance nutrient uptake and pest resistance and are helpful in mitigating plant stress responses. The use of microbes is a key practice in sustainable agriculture, thus making them significant for achieving the “Sustainable Development Goals” that are put forth by the United Nations. The future growth in the markets is projected to show tremendous scope for agricultural microbials, and many key industry players have begun field trials, the results of which have determined 10–20% growth in the production of economically important crop plants.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=15455593
Syngenta AG is one of the global market leaders in products that protect crops.
Syngenta AG is a fully owned subsidiary of China National Agrochemical Corporation (CNAC) Saturn (NL) B.V., a private company incorporated in the Netherlands. The company operates under two segments: Crop Protection and Seeds. Syngenta offers agricultural microbials through its Crop Protection business segment. Through this segment, the company offers selective herbicides, non-selective herbicides, fungicides, insecticides, seed care, controls, and other crop protection products and seed segments consisting of field crops, vegetables, and flowers.
