Agricultural Microbial Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Agriculture Microbial Market is Segmented by Type (Bacteria, Fungi, Virus, and Other Types), Function (Soil Amendments and Crop Protection), Formulation (Dry Formulation and Liquid Formulation), Mode of Application (Soil Treatment, Foliar Spray, and Seed Treatment), Application (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Turf and Ornamentals, and Other Applications), and Geography (North America, Europe, Asia-Pacific, South America, and Africa).

Market Snapshot

Agricultural Microbial Market Overiew
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.5 %

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Market Overview

The agriculture microbial market is projected to register a CAGR of 5.5% during the forecast period (2021-2026). The COVID-19 pandemic has had a positive impact on the market due to the growing demand for biopesticide products to produce sustainable and healthy agricultural products. The global market has been witnessing an upward trend due to the increasing awareness and support from several agencies with respect to the usage of agricultural microbials.

Under the additive type segment of the market, the fungi types are projected to be the fastest-growing segment, owing to the increased demand for fungi as inoculants applied across various crops like cereals, grains, fruits, and vegetables globally owing to their effectiveness. However, the lack of technological advancements in microbial inoculants and the need to maintain high numbers of functional microorganisms on seeds during seed treatment are some challenges for microbial seed treatment manufacturers. North America was the largest geographic segment of the market studied. The increasing growth of high-value crops and raising awareness among farmers about the environmental benefits of microbial solutions are expected to provide more scope for the agricultural microbials market’s expansion in the region.

Scope of the Report

Agricultural microbials are produced from naturally occurring microorganisms, such as bacteria, fungi, viruses, and protozoa, among others. The report covers various aspects such as the launch of new products, acquisitions, partnerships of different companies, market opportunities, and advanced technologies in the agricultural microbial industry. The agriculture microbial market is segmented by type (bacteria, fungi, virus, and other types), function (soil amendments and crop protection), formulation (dry formulation and liquid formulation), mode of application (soil treatment, foliar spray, and seed treatment), application (cereals and grains, oilseeds and pulses, fruits and vegetables, turf and ornamentals, and other applications), and geography (North America, Europe, Asia-Pacific, South America, and Africa).

By Type
Bacteria
Fungi
Virus
Other Types
By Function
Soil Amendment
Crop Protection
By Formulation
Dry Formulation
Liquid Formulation
By Mode of Application
Soil Treatment
Foliar Spray
Seed Treatment
By Application
Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Turf and Ornamentals
Other Applications
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Spain
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Africa
South Africa
Rest of Africa

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Key Market Trends

Increasing Food Demand and Food Safety

The growing need to feed an ever-growing global population, the increasing demand for sustainable agricultural practices, and concerns of the general public over environmental safety are some of the leading drivers for the agricultural microbial market. The general public’s concerns over environmental safety are one of the leading drivers for microbial products’ usage. Forces driving the demand for microbials include the need for crop intensification (being able to increase yields per acre) while pursuing increasingly sustainable practices, seeking biological alternatives to boost production with decreased pressure on the environment, or adding integrated practices to close the yield gap. An increase in urbanization and less availability of arable land are motivating farmers to adopt efficient crop-protection techniques. There has been a broader acceptance and recognition of the increasing benefits of microbials. With the amount of arable land per person declining and the expansion of population, global crop yields must increase to meet the food production needs. As a result, an increase in demand for microbial products and agricultural production is being witnessed.

Agricultural Microbial Market Key Trends

North America Dominates the Global Market

North America has the largest market share, with the United States accounting for more than half of the regional market share in 2020. The requirement for high crop productivity and production with high-quality, evolving agricultural practices and precision farming have been driving the market growth for agriculture microbial products over the years in North America. The region is promoting the use of microbial products to balance the agricultural sector’s growth, which is mostly opted by chemical fertilizers and pesticides required to sustain its large-scale production. In North America, the United States holds the largest share with more than half of the market. The rise in organic and environment-friendly farming practices has increased the demand for agricultural microbial products, especially in the United States. ​With its highly evolved agricultural sector, the country has been adapting to the natural and organic way of farming due to the increasing awareness regarding balanced plant nutrition.

Agricultural Microbial Market Size By Region

Competitive Landscape

The agricultural microbial market is a highly fragmented market, with the presence of many domestic players. Major players such as BASF, Certis USA LLC, Marrone Bio Innovations, and others have very diversified product portfolios in this market. Additionally, these players are also focusing on R&D, a wide geographical presence, and aggressive acquisition strategies as their key adopted strategies to strengthen their positions in the market.

Recent Developments

In April 2020, Sumitomo Chemicals invested USD 30 million in a joint venture with Conagen, a US biotechnology company. Through this, the company aimed to promote its strategic business alliance with Conagen further and develop innovative high-functional products and processes by way of innovative use of biologicals.

In June 2019, Bayer and AlphaBio Control partnered for the distribution of the innovative biological pest control product, Flipper. Under the terms of this agreement, AlphaBio granted Bayer a worldwide exclusive right (except France) to commercialize Flipper for agriculture and non-agriculture uses.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Bacteria

      2. 5.1.2 Fungi

      3. 5.1.3 Virus

      4. 5.1.4 Other Types

    2. 5.2 By Function

      1. 5.2.1 Soil Amendment

      2. 5.2.2 Crop Protection

    3. 5.3 By Formulation

      1. 5.3.1 Dry Formulation

      2. 5.3.2 Liquid Formulation

    4. 5.4 By Mode of Application

      1. 5.4.1 Soil Treatment

      2. 5.4.2 Foliar Spray

      3. 5.4.3 Seed Treatment

    5. 5.5 By Application

      1. 5.5.1 Cereals and Grains

      2. 5.5.2 Oilseeds and Pulses

      3. 5.5.3 Fruits and Vegetables

      4. 5.5.4 Turf and Ornamentals

      5. 5.5.5 Other Applications

    6. 5.6 Geography

      1. 5.6.1 North America

        1. 5.6.1.1 United States

        2. 5.6.1.2 Canada

        3. 5.6.1.3 Mexico

        4. 5.6.1.4 Rest of North America

      2. 5.6.2 Europe

        1. 5.6.2.1 Germany

        2. 5.6.2.2 United Kingdom

        3. 5.6.2.3 France

        4. 5.6.2.4 Spain

        5. 5.6.2.5 Italy

        6. 5.6.2.6 Russia

        7. 5.6.2.7 Rest of Europe

      3. 5.6.3 Asia-Pacific

        1. 5.6.3.1 China

        2. 5.6.3.2 Japan

        3. 5.6.3.3 India

        4. 5.6.3.4 Australia

        5. 5.6.3.5 Rest of Asia-Pacific

      4. 5.6.4 South America

        1. 5.6.4.1 Brazil

        2. 5.6.4.2 Argentina

        3. 5.6.4.3 Rest of South America

      5. 5.6.5 Africa

        1. 5.6.5.1 South Africa

        2. 5.6.5.2 Rest of Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 BASF SE

      2. 6.3.2 Certis USA LLC

      3. 6.3.3 Bayer Cropscience AG

      4. 6.3.4 Marrone Bio Innovations Inc.

      5. 6.3.5 Sumitomo Chemical (Valent BioSciences LLC)

      6. 6.3.6 UPL Limited (Arysta Lifescience Limited)

      7. 6.3.7 Syngenta AG

      8. 6.3.8 Chr. Hansen Holdings AS

      9. 6.3.9 IsAgro SpA

      10. 6.3.10 Koppert BV

      11. 6.3.11 BioAg Alliance (Bayer/Novozymes)

      12. 6.3.12 Lallemand Inc.

      13. 6.3.13 Verdesian Life Sciences LLC

      14. 6.3.14 Italpollina AG

      15. 6.3.15 Precision Laboratories LLC

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. AN ASSESSMENT OF THE COVID-19 IMPACT ON THE MARKET

**Subject to Availability

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Frequently Asked Questions

The Agricultural Microbial Market market is studied from 2016 - 2026.

The Agricultural Microbial Market is growing at a CAGR of 5.5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

BASF SE, Certis USA LLC, Bayer Cropscience AG, Marrone Bio Innovations, Inc., Valent USA LLC are the major companies operating in Agricultural Microbial Market.

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