Global Agricultural Microbial Market

The agricultural microbial market was valued at USD XX Billion in 2016. It is projected to reach XX Billion by 2022. The microbes live inside the soil and have a very close association with plants. Microbes include bacteria, fungi, and virus among others. They can enhance the growth of plant by improving access to supplements they receive. Many microbes are beneficial in other ways such as they can help in decomposition of organic matter, recycling of old agricultural material along with offering phosphorus or nitrogen as nutrients and also by providing benefits such as heat and drought tolerance along with resistance to insects and plant diseases. Some other benefits of the microbes are that they provide environmental sustainability and also a cost effective solution to increase the productivity.

Market Dynamics

There are various factors that drive the growth of this market, such as the government's policy regarding the environment friendly farming practises along with supportive microbe's regulatory policies. Increasing consumer interest in organic products and rise in costs of fertilizers and pesticides along with the rising awareness among farmers regarding usage of agricultural microbials over agrochemicals are some other drivers.

The only major restraint faced by this market is the shorter shelf life of the microbes.

Growing demand for the organic food along with the emergence of new markets in Asia-Pacific region are the major opportunities for this market.

But at the same time the highly fragmented market along with the impact of climate change on the microbes are the challenges that are being faced by this market.

Market Segmentation

The market for Global Agricultural Microbial is primarily divided by five categories, they are

1) By Type

--> Bacteria

(1) Bacillus Thuringiensis

(2) Rhizobacteria

(3) Bacillus Subtilis

--> Fungi

(1) Trichoderma

(2) Mycorrhizae

--> Virus

--> Protozoa

2) By Type of Crops

--> Cereals & Grains

--> Oilseeds & Pulses

--> Fruits & Vegetables

3) By Application method

--> Soil Treatment

--> Foliar Spray

--> Seed Treatment

4) By Formulation Type

--> Liquid Formulation

(1) Emulsifiable Concentrate

(2) Suspension Concentrate

(3) Soluble Liquid Concentrate

--> Dry Formulation

(1) Dry Granules

(2) Water-Dispersible Granules

(3) Wettable Powder

5) By Function performed

--> Soil Amendment

--> Crop Protection

Geographic Analysis

Currently with around XX% of the total global market share, North America holds the largest market of agricultural microbials, followed by Europe. Fastest growth will be witnessed in both Asia-Pacific region which will increase with XX% and South America region with XX% growth rate. As in Asia-Pacific region there are world's most populous country which account for about 37% of total population of the world which will reach up to 40% of the total population and which at the same time are also pushing for the organic products, Asia-Pacific region will have the highest market share at the end of the forecasted period.

Key Players

There are a large number of companies that are involved in this market. Some of them are mentioned below

Arysta Lifescience Limited, Certis USA LLC, ChemChina, BASF SE, Bayer Crop Science, Dow Chemical Company, Monsanto Company, Novozymes, Sumitomo Chemical Co. Ltd, Syngenta Ag

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage