What is Bio Agriculture?
The increasing trend of sustainable agriculture in the global market, low residue levels, and supportive regulations are the key factors driving the growth of the market. Expansions, new product launches, and agreements were the dominant strategies adopted by key players to capitalize on the strong market p Biocontrol is a broad term that includes biopesticides, bioinsecticides, bio fungicides, and bionematicide. Major players in the market include biocontrol products in their product portfolio to cater to the increasing demand for biocontrol globally.otential.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | BASF SE (Germany), Syngenta (Switzerland), Marrione Bio Innovation (United States), Isagro (Italy), UPL (India), Evogene (Israel), Bayer (Germany), Vegalab (United States), Valent (United States) and Stockton (Israel) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Microbial, Semiochemicals and Natural products) , by application (Foliar spray, Soil treatment and Seed treatment) and major geographies. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Bio Agriculture market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Bio Agriculture market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are BASF SE (Germany), Syngenta (Switzerland), Marrione Bio Innovation (United States), Isagro (Italy), UPL (India), Evogene (Israel), Bayer (Germany), Vegalab (United States), Valent (United States) and Stockton (Israel).
Market Overview:
In June 2022, BASF acquired Horta S.r.l., an Italian company specializing in digital farming solutions. Established as a spin-off from Sacred Heart Catholic University in 2008, Horta is committed to developing highly innovative agronomic decision support systems (DSS) for crops such as grapes, tomatoes, grains, and olives.
Bio Agriculture is a fragmented market due to the presence of a large number of established competitors. The key players focus on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions to help them sustain themselves in the market and maintain their competitive edge.
Influencing Trend:
Growing Preference for Organic Products to Drive the Adoption of Biologicals in Farming and Adoption of Agricultural Biologicals in Developing Countries
Market Growth Drivers:
Regulatory Pressures and Harmful Effects Associated With Synthetic Plant Protection Products and High Costs Associated With the Development of Synthetic Crop Protection Products
Challenges:
High Preference for Agrochemicals Among Farmers Across Regions to Inhibit the Market Growth and Presence of Counterfeit Products in the Market Across Regions to Inhibit the Market Growth
Restraints:
Technological and Environmental Constraints for the Use of Biologicals
Opportunities:
Advancements in Microbial Research Undertaken By Key Players Across Regions to Drive the Market Growth
Key highlights of the Global Bio Agriculture market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Bio Agriculture market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Bio Agriculture market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Bio Agriculture Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bio Agriculture market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Bio Agriculture market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment>.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.