Agricultural Microbials Market worth $4,456.37 Million by 2019 at a CAGR of 15.3%

The report, “Agricultural Microbials Market by Type (bacteria, fungi, virus, and protozoa), Crop Type (Cereals & grains, oilseeds, & pulses, fruit & vegetable) & Region - Global Trends & Forecast to 2019”, defines and segments the agricultural microbials market with analyses and projections of the size of the market. It also identifies the driving and restraining factors of the market with analyses of trends, opportunities, burning issues, and challenges.

Browse 78 market data tables and 72 figures spread through 199 pages and in-depth TOC on “Agricultural Microbials Market - Global Trends & Forecast to 2019"

Speak to Analyst for more info:

The market is segmented and the value is projected on the basis of regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). Key countries the U.S., Spain, Italy, India, and China are covered and their market is projected for the next 5 years. The market size is projected on the basis of type, crop type, and region. The market for agricultural microbials has a significant impact on crop production. Agricultural microbials are broadly categorized into bacteria, fungi, and others (virus and protozoa) on the basis of microorganism types.

The value of the agricultural microbials market is projected to increase to $4,456.37 million by 2019 at a CAGR of 15.3% from 2014. In this report, the agricultural microbials market is segmented by type, crop type, region type and analyzed in terms of value ($million).

Bacterial Agricultural Microbials: Largest Market Segment

The bacterial microbials segment accounted for the largest share and was followed by the fungi segment, in 2013. All segmented types of agricultural microbes are essential elements for crop growth, yield enhancement, and to kill a variety of pests. In 2013, North America accounted for the largest share of the bacterial microbials segment. In the same year, Europe contributed the second-largest share.

Agricultural Microbials Market, by Crop Type

The agricultural microbials market consists of four crop types: cereals & grains, oilseeds & pulses, fruits & vegetables, and other crops. Other crops include turf, forage, and ornamental & plantation crops. The demand for agricultural microbials for the fruits & vegetables segment accounted for the largest share in 2013, and was followed by the other crops segment, in the same year. North America was the largest market for agricultural microbials in 2013, followed by the European region.

The demand for new and varied agricultural microbials products, which result in better yield of crops and quality products, is increasing in the market. Leading companies are engaging in the production of agricultural microbials on a global scale, because it is considered to be a growing market in the agriculture industry. Existing companies are actively introducing new agricultural microbial products with different active ingredients to satisfy the expected yield from crops.

Companies such as BASF SE, (Germany), Bayer CropScience AG (Germany), Monsanto (U.S.), Sumitomo Chemical Co., Ltd. (Japan), Syngenta AG (Switzerland), Dow Chemicals (U.S.), Arysta LifeScience Limited (Japan), and Novozymes (Denmark) are the key players of the agricultural microbials market. These companies use various strategies to make their products unique, pest- and crop-specific, and to increase agricultural production by minimizing crop loss.

Inquiry / Request for Customization:

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441