Market Share of Global Agricultural Biologicals Industry
In the agricultural biologicals market, companies are not only competing based on product quality and promotion but also focusing on strategic moves, in order to hold larger market shares. New product launches, partnerships, and acquisitions are the major strategies adopted by the leading companies in the market. Companies are investing heavily in developing new products and are collaborating and acquiring other companies, which is expected to increase their market shares and strengthen the R&D activities. Involvement in agreements with other agricultural biological product and technology providers is one of the most prominent strategies followed by market leaders, worldwide.
In 2016, Agrinos set up a new production facility in the United States. Lallemand Plant Care, a business unit of Lallemand Inc., acquired BioBoost and BYSI-N, the biological line of BrettYoungt, in June 2017.
Agricultural Biologicals Market Leaders
Corteva AgriScience
Bayer CropScience AG
Syngenta International AG
BASF SE
Novozymes AG
*Disclaimer: Major Players sorted in no particular order
