The Future of Farming: How Agricultural Biologicals are Shaping the Industry
The global agricultural biologicals market is projected to grow from USD 16.7 billion in 2024 to USD 31.8 billion by 2029, representing a compound annual growth rate (CAGR) of 13.8% during this period. As concerns about the impact of traditional chemical-based agriculture increase, there is a significant shift towards sustainable farming practices. Agricultural biologicals encompass biopesticides,...
Dynamics of the Global Agricultural Biologicals Market Size, Share, and Forecast to 2027
Agricultural biologicals refer to products derived from natural sources such as microorganisms, plant extracts, beneficial insects, or other organic materials that are used in agriculture to enhance crop productivity, improve soil health, and manage pests and diseases. These products can include biopesticides, biostimulants, biofertilizers, and microbial inoculants. The agricultural biologicals...
Sustainable Solutions Blossom: The Growing Influence of Agricultural Biologicals
The agricultural biologicals market is set to witness substantial growth, with an anticipated size of USD 27.9 billion by 2028, reflecting a significant increase from the 2023 figure of USD 14.6 billion. This surge is attributed to a compound annual growth rate (CAGR) of 13.8% during the forecast period. The driving force behind this expansion is the increasing global demand for safer and more sustainable...
China to Hold the Highest Growth in the Agricultural Biologicals Market by 2022
Factors such as high growth prospects for organically produced foods and low residue load are driving the market for agricultural biologicals. Agricultural biologicals market is projected to reach USD 12.86 billion by 2022, at a CAGR of 13.77% from 2017.
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On
the basis of type, the biopesticides segment...