Business Opportunities in Agriculture: 150 Field Interviews (Book)

The Agricultural Biologicals Market Helping The Agriculture Industry Produce Addition

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Biologicals in agriculture are used as a part of Integrated Pest Management (IPM), wherein these substances are used in combination with new synthetic crop chemistries. Agricultural biologicals present a new mode of action for weeds, mildew, other insects, and protect plants from these. The usage of agricultural biologicals assists farmers in maximizing yield and reducing plants’ stress, thereby increasing plant productivity. Advantages of using biologicals for crops are that they allow growers to save time involved in crop harvest required, due to the use of conventional chemicals.

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The agricultural biologicals market report defines and segments the concerned market for biologicals with an analysis and forecast of the revenue. The agricultural biologicals market is estimated to grow from $ 4528.1 million in 2014 to $ 8,951.8 million by 2019, at a CAGR of 14.6% from 2014 to 2019.

The global agricultural biologicals market is expected to witness significant growth in the coming years due to a number of factors. Most of the agricultural firms intend to continue and preserve their market share or produce incremental income streams; governmental regulatory bodies are actively participating in enviornmental conservation issues. Growers, with the help of agricultural biologicals such as biopesticides, biostimulants, and biofertilizers, will be in a position to generate higher yields; there has also been an increased demand for organically produced agricultural products.

Europe and North America are the leading markets for the agricultural biologicals application with a market share of 30.9% each in 2014; Europe is the fastest growing market with a CAGR of 15.2% among all the other regions.
 

Business Opportunities in Agriculture: 150 Field Interviews (Book)

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