The Agricultural Biologicals Market is Estimated to Grow to $8,951.8 Million by 2019 - New Report by MicroMarket Monitor

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Increasing demand for organic products fuels the growth of organic crops – driving the Agricultural Biologicals market.

MicroMarket Monitor

MicroMarket Monitor

Key Players in the Agricultural Biologicals market are Laboratoires Goemar SAS, Koppert B.V., Italpollina SpA, ILSA Spa, Brandt Consolidated, Lallemand Plant Care, Micromix Plant Health Limited

The Agricultural Biologicals market report defines and segments the concerned market with analysis and forecast of revenue. The market is estimated to grow from $3,954.1 million in 2013 to $8,951.8 million by 2019, at a CAGR of 14.6% from 2013 to 2018.

Browse through the TOC of Agricultural Biologicals Market for an analysis of industry trends, segments & forecasts.

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. Bio- based products are used to protect the plants from weeds, mildew, and other insects. The usage of agricultural biologicals assists farmers in maximizing yield, reducing plant stress; moreover, it saves time involved in crop harvesting due to the use of conventional chemicals.

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The global agricultural biologicals market is expected to witness significant growth in coming years as most of the agriculture firms intend to continue and preserve their market share, or even produce incremental income streams. Moreover, the governmental regulatory bodies are actively participating towards environmental conservation issues. Also, the cultivators will be in a position to generate higher yields with the help of agricultural biologicals, such as biopesticides, biostimulants and biofertilizers. Besides, there is also a growing demand for organically produced agricultural products.

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Europe and North America are the leading markets for the application of agricultural biologicals, as the market share contributed in the year 2013 was around 31%, and Europe is the fastest growing market, with a CAGR of 15.2%.

This market is segmented and forecast on the basis of regions, such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW).

This report also includes market share, value chain analyses, along with market metrics such as drivers & restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.

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