The Business Research Company’s Agricultural Microbial Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, May 18, 2022 /EINPresswire.com/ — According to ‘Agricultural Microbial Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the agricultural microbial market share is expected to reach $8.84 billion in 2026 at a CAGR of 15%. Global agricultural microbials market analysis shows that the rising awareness about organic farming is expected to propel the growth of the market going forward.
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The agricultural microbial market consists of sales of agricultural microbials by entities (organizations, sole traders, and partnerships) that include microbes such as fungi, bacteria, and viruses which are used in agricultural farming. Agricultural microbes are the soil microorganisms that are essential for decomposing organic matter and recycling old plant material. They offer numerous advantages, including drought tolerance, heat tolerance, insect resistance, and plant disease resistance.
Global Agricultural Microbial Market Trends
Increasing investments have emerged as a key trend gaining popularity in the agricultural microbial market. According to the agricultural microbial market research, major companies are focused on investments to develop new technologies and products. For instance, in February 2021, ADM, US-based nutrition, agricultural origination, and processing company announced a significant equity investment in Acies Bio, a biotechnology firm established in Slovenia that specializes in research and development as well as manufacturing services for developing and expanding synthetic biology and precision fermentation technologies for use in food, agriculture, and industry. This investment will enable ADM to move forward with precision microbial fermentation activities more quickly by leveraging Acies Bio’s considerable microbial expertise and contract manufacturing services.
Global Agricultural Microbial Market Segments
The global agricultural microbial market is segmented:
By Type: Bacteria, Fungi, Virus, Other Types
By Formulation: Dry Formulation, Liquid Formulation
By Function: Crop Protection, Soil Amendment
By Mode Of Application: Soil Treatment, Foliar Spray, Seed Treatment
By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Turf And Ornamentals
By Geography: The global agricultural microbial market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global agricultural microbial market report here
Agricultural Microbial Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides agricultural microbial global market overviews, analyzes and forecasts market size and growth for the global agricultural microbial market, agricultural microbial global market share, agricultural microbial global market segments and geographies, agricultural microbial market players, agricultural microbial market leading competitor revenues, profiles and market shares. The agricultural microbial global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Agricultural Microbial Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: BASF SE, Syngenta AG, Koppert BV, Novozymes A/S, Taxon (Dupont), Bayer CropScience, Arysta Lifescience Limited, AgBiome LLC, Certis Usa LLC, Chr. Hansen A/S, BioAg Alliance, Marrone Bio Innovations, Monsanto Company, Corteva, and IsAgro.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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originally published at Business - Social Gov