Global Inoculants Market Size, Share, Growth Drivers, Opportunities, and Leading Players
The global inoculants market was valued at approximately USD 1.1 billion in 2022 and is expected to reach around USD 1.7 billion by 2027, reflecting a compound annual growth rate (CAGR) of 8.1%. This growth is driven by a significant rise in demand for inoculants, as farmers increasingly recognize their benefits for enhancing farm profitability. Inoculants are known to improve soil quality and promote...
Precision Agriculture’s Impact on the Inoculants Market
The global inoculants market size is estimated to be valued at USD 1.1 billion in 2022. It is anticipated to reach USD 1.7 billion by 2027, recording a CAGR of 8.1% in value. A more efficient fermentation is expected because of the addition of inoculants. Other major benefits of using inoculants are reduced fermentation losses and enhanced animal performance. Silage inoculants help to increase the...
Inoculants Market is Expected to Grow $1,207 million by 2025
The inoculants market is estimated to reach USD 924 million in 2020 and is projected to account for USD 1,207 million by 2025, recording a CAGR of 6.9% during the forecast period. The global inoculants market is projected to grow in the coming years attributed to the growing trends of adopting organic and environment-friendly farming practices due to ill effects of fertilizers and chemicals, rise...
Inoculants Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025
The inoculants
market is estimated to reach USD 924 million in 2020 and is projected
to account for USD 1,207 million by 2025, recording a CAGR of 6.9% during the
forecast period. The growth of the market is driven by the growth of the livestock industry, rise in
prices of feed grains, and adoption of organic farming practices due to the
growing health concerns among consumers. Emerging countries...