[174+ Pages Research Report] Global Agricultural Microbials Market to surpass USD 12.3 billion by 2030 from USD 8.1 billion in 2020 at a CAGR of 14.94% in the coming years, i.e., 2021-30.

Product Overview

Agricultural microbial means the microorganisms used in farming to improve crop productivity and yield quality. Agriculture's microbial inoculants have target-specific roles, making them ideal for use in a variety of crops. Agricultural microorganisms are naturally occurring organisms like moulds and bacteria that provide plants with nutrients like phosphorus and nitrogen. These microorganisms also help to boost soil structure, nutrient processing, ecological balance, and plant productivity and sustainability.

Market Highlights

Global Agricultural Microbials Market is expected to project a notable CAGR of 14.94% in 2030.

One of the driving forces for the agricultural and microbial market is the growing need to nourish an ever-increasing world population combined with increasing demand for sustainable farming practices and public concern for environmental safety. Another driver for the use of microbial products is the public's problem over environmental safety. The forces which drive microbial demand involve the need to increase crop yields per acre while promoting increasingly sustainable practices, finding biological alternatives to boost environmental production with a reduction in environmental pressure, or supplementing integrated practices.

Global Agricultural Microbials Market: Segments

Fruits & Vegetable segment to grow with the highest CAGR during 2020-30

Global Agricultural Microbials Market is segmented by Crop Type into Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables. The segment of fruits and vegetables will represent USD XXXX billion by 2030 as the largest market part. The fast-moving focus on fruit and vegetable consumption within the demography is pushing the demand towards optimal nutrition. Production volumes of fruit and vegetables around the world have also increased. In the developed and developing countries, increased per capita incomes also propel the demand for food generated naturally.

Bacteria segment to grow with the highest CAGR during 2020-30

Global Agricultural Microbials is divided by type into Bacteria, Fungi, Virus, Protozoa. Bacteria will have the largest market share in the segment, with USD XXXX billion expected by 2030. There are approximately 1.408.525 successfully registered bacteria strains and they are the biggest group of microorganism strains registered and used by different industries. In contrast to all other microorganisms, bacterial strains have been characterized and utilized for cultivation most effectively and make XX.X% percent of all globally registered microorganism strains. In agriculture, the use of biofertilizers and biopesticides in agriculture has increased because they produce higher and healthier yields sustainably.

Market Dynamics

Drivers

Need to satisfy the demand of growing demography

One of the driving forces for the agricultural and microbial market is the growing need to nourish an ever-increasing world population combined with increasing demand for sustainable farming practices and public concern for environmental safety. One of the major drivers for the use of microbial products is the public's problem over environmental safety. The forces which drive microbial demand involve the need to increase crop yields per acre while promoting increasingly sustainable practices, finding biological alternatives to boost environmental production with a reduction in environmental pressure, or supplementing integrated practices.

Key component of IPM practices

Microorganisms are becoming increasingly important as a crucial constituent of integrated pest management practices (IPM), which, due to the proliferation of IPM among farmers, in turn, has a positive effect on the growth of the agricultural microbial sector. Consumer demand for organic food and the growing use of organic farming also propel the market growth of agricultural microbials.

Restraint

High cost and counterfeit products

The high cost of use and delayed consequences of microbial inoculants in comparison to traditional chemical agrochemicals are the key factors hindering the market growth and acceptance of agricultural microbials. The presence of many counterfeit goods on the market and the introduction of government regulations are presenting manufacturers with several challenges in their development.

Global Agricultural Microbials Market: Key Players

BASF SE (Germany)

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Bayer CropScience (Germany)

Sumitomo Chemicals Company Ltd. (Japan)

Monsanto Company (US)

Corteva (US)

Syngenta AG (Switzerland)

Certis USA LLC (US)

Marrone Bio Innovations (US)

CHR. Hansen Holdings (Denmark)

Isagro S.p.A (Italy)

UPL Corporation (India)

Verdesian Life Sciences LLC (US)

Other Prominent Players

Global Agricultural Microbials Market: Regions

Global Agricultural Microbials market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Agricultural Microbials in North America held the largest market share of XX.X% in the year 2020. The area is undergoing high growth in organic agriculture, agricultural conversions from traditional to organic, and research is developing new biological solutions. The increased growth of valuable crops and increased farmers' understanding of the environmental advantages of microbial solutions would provide greater scope for the global expansion of agricultural microbials.

Global Agricultural Microbials Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Agricultural Microbials Market report also contains analysis on:

Agricultural Microbials Market Segments:

By Crop Type

Cereals & Grains

Oilseeds & Pulses

Fruits & Vegetables

By Type

Bacteria

Fungi

Virus

Protozoa

Agricultural Microbials Market Dynamics

Agricultural Microbials Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Agricultural Microbials Market Report Scope and Segmentation

Frequently Asked Questions

How big is the Agricultural Microbials market

What is the Agricultural Microbials market growth

Which segment accounted for the largest Agricultural Microbials market share

Who are the key players in the Agricultural Microbials market

What are the factors driving the Agricultural Microbials market

Contents

1. Executive Summary

2. Global Agricultural Microbials Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Agricultural Microbials Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Agricultural Microbials Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Agricultural Microbials Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Crop Type: Market Share (2020-2030F)

1. Cereals & Grains, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Oilseeds & Pulses, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Fruits & Vegetables, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Type: Market Share (2020-2030F)

1. Bacteria, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Fungi, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Virus, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Protozoa, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. BASF SE (Germany)

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Bayer CropScience (Germany)

3. Sumitomo Chemicals Company Ltd. (Japan)

4. Monsanto Company (US)

5. Corteva (US)

6. Syngenta AG (Switzerland)

7. Certis USA LLC (US)

8. Marrone Bio Innovations (US)

9. CHR. Hansen Holdings (Denmark)

10. Isagro S.p.A (Italy)

11. UPL Corporation (India)

12. Verdesian Life Sciences LLC (US)

13. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)