Market Size of agricultural biologicals Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 27.30 Billion |
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Market Size (2029) | USD 43.09 Billion |
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Largest Share by Function | Crop Nutrition |
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CAGR (2024 - 2029) | 9.56 % |
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Largest Share by Region | Europe |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Agricultural Microbials Market Analysis
The Agricultural Biologicals Market size is estimated at USD 27.30 billion in 2024, and is expected to reach USD 43.09 billion by 2029, growing at a CAGR of 9.56% during the forecast period (2024-2029).
- Meal Based Fertilizers is the Largest Form. Bone meal is predominantly utilized to address the crop cultivation requirement for phosphorous, while blood meal is deployed primarily for supplementing nitrogen in crops.
- Organic Fertilizer is the Largest Type. Meal-based fertilizers dominated the global organic fertilizer market interms of value which accounted for 43.2% of the market in 2022, followed by manures in the same year.
- Row Crops is the Largest Crop Type. Europe dominates the market value for row crops in biologicals market. In 2022, maize, rice, sorghum, and wheat are among the most important row crops cultivated globally.
- Europe is the Largest Region. With the increasing trend in organic crop area, the agricultural biologicals market in the region has also increased by about 40.6 percent during period of 2017 to 2022.
