Global Agricultural Inoculants Market Size, Segmentation, Application Analysis, Trends, & forecast by 2029
Agricultural inoculants
market is expected to gain market growth in the forecast period of
2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR
of 6.50% in the above-mentioned forecast period.
Agricultural inoculants, also known as beneficial
microorganisms, microbial inoculants or soil inoculants basically contain
beneficial microbes which promotes plant growth. They possess several
advantageous factors which aids in delivering nutrients and suppressing
diseases, thus promoting the plant growth which is why they are used in
agriculture as amendments for soil and plants.
The factors such as increasing usages of agricultural inoculants
to enhance the productivity of the crop and growing preferences towards organic products
and horticulture crops emerge as the major factor fostering the growth of the
agricultural inoculants market. On the other hand, rising number of initiatives
by the government by providing subsidies to support farmers and growing number
of research
and development activities are further estimated to cushion the
growth of the market. The rise in meat consumption and increased yield of
crop owing to adoption of inoculants is also projected to accelerate the
market’s growth within the above mentioned forecast period. However,
the lack of awareness among the farmers along with increasing legislations
impede the growth of the agricultural inoculants market.
Furthermore, the emerging markets coupled with
increasing the awareness about the production losses caused due to infectious
diseases in livestock by undertaking initiatives related to diagnosis of
infections in livestock animals will create lucrative opportunities for the
growth of the agricultural inoculants market. On the flip side, the silage
losses due to fungi and mycotoxin is projected to challenge the market within
the forecast period.
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Global Agricultural
Inoculants Market Scope and Market Size
The agricultural inoculants market is segmented on the basis of
function, type, crop type, microbes, application, method and form. The growth
among segments helps you analyze niche pockets of growth and strategies to
approach the market and determine your core application areas and the
difference in your target markets.
·
On the basis of function, the agricultural inoculants market is
segmented into crop
nutrition, and crop protection.
·
On the basis of type, the agricultural inoculants market is
segmented into plant growth promoting microorganisms, bio-control agents,
plant-resistant stimulants, and others.
·
On the basis of crop type, the agricultural inoculants market is
segmented into cereals, oilseeds and pulses and fruits and vegetables.
·
On the basis of the microbes, the agricultural inoculants market
is segmented into bacteria, fungi,
and others. Bacteria has been further segmented into rhizobacteria,
nitrogen-fixing bacteria, phosphate-solubilizing bacteria, and others. Fungi
has been further segmented into trichoderma Spp., mycorrhiza, and others.
·
The agricultural inoculants market is also segmented on the
basis of application. The application is segmented into seed inoculation, soil
inoculation, and others.
·
On the basis of the method, the agricultural inoculants market
is segmented into seed, oil and others.
·
Based on form, the agricultural inoculants market is segmented
into solid, liquid, granular, and others.
Explore
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Agricultural
Inoculants Market Share Analysis
The agricultural
inoculants market competitive landscape provides details by competitor. Details
included are company overview, company financials, revenue generated, market
potential, investment in research and development, new market initiatives,
global presence, production sites and facilities, production capacities,
company strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies’ focus related to agricultural inoculants market.
Some of the major players
operating in the agricultural inoculants market report are BASF SE, Bayer AG, Novozymes, Verdesian Life Sciences., Agrauxine,
BRETTYOUNG, Precision Laboratories, LLC, Queensland Agricultural Seeds,
TerraMax, Inc., XiteBio Technologies Inc., Chr. Hansen Holding A/S, Lallemand
Inc., Kemin Industries, Inc., Provita Supplements GmbH, Corteva, MBFi., and
Cargill, Incorporated., among others.
Agricultural
Inoculants Market Country Level Analysis
The agricultural inoculants market is analyses and market size,
volume information is provided by function, type, crop type, microbes,
application, method and form as referenced above.
The countries covered in the agricultural inoculants market
report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland,
Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia,
Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand,
Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest
of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest
of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait,
South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and
Africa(MEA).
North America dominates the agricultural inoculants market due
to the faster adoption of new technologies to increase crop productivity while
minimizing the negative impact on the environment within the region.
Asia-Pacific on the other hand, is expected to show lucrative growth owing to
the rise in meat consumption in countries such as China, India, Malaysia,
and Indonesia.
TOC Of The Report :
·
Chapter One: Introduction
·
Chapter Two: Market
Segmentation
·
Chapter Three: Market
Overview
·
Chapter Four: Executive
Summary
·
Chapter Five: Premium
Insights
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