(PRWEB) February 19, 2015
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.
Browse through the TOC of the agricultural biologicals market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in this market, well supported by various tables and figures.
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 environmental 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.
Biologicals in agriculture are used as a part of Integrated Pest Management (IPM), wherein these substances are used in combination with new synthetic crop chemistry. 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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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.
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 the market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market.
North America Bio Stimulants
The bio stimulants market in North America comprises 21.5% of the global bio stimulants market, and was valued at $0.27 billion in 2013. The market is estimated to grow at a CAGR of 12.4% annually, to reach $0.49 billion by 2018. The bio stimulants market in North America can be segmented by companies, end-users, applications, and macro indicators.
MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Agriculture industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Agriculture industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.
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