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The population increase has resulted in increase in demand for qualitative food. Population and income are growing in tandem, and according to the United Nation's Food and Agriculture Organization, the world will have more than 9 billion people within 40 years. North American population increase as well as increasing awareness about qualitative food is resulting in increasing pressure on agricultural production. Thus, environment-friendly agricultural biological products, such as biopesticides, biofertilizers and biostimulants, which affect the plant development process, are expected to witness growth in coming years.
The U.S. is a major market with the highest market share in the North America region. It constitutes 76.47% of market share and has important market for global agriculture biologicals producers. The market for organic products is growing at a substantial rate due to increasing consumer interest. The main reasons for the increased demand in the organic food market are growth in the number of health conscious individuals, increasing concern about the environment, and support provided by the government. U.S. Department of Agriculture (U.S.) is supporting farmers to shift from traditional farming to organic farming.
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The agriculture biologicals market is segmented and projected on the basis of application: cereals & grains, fruits & vegetables and rest (crops). The study has been conducted to explore the types of agriculture biologicals viz. biopesticides, biostimulants, and biofertilizers. The market is further segmented and forecast on the basis of major countries, such as the U.S., Canada, and Mexico.
According to the International Federation of Organic Agriculture Movements (IFOAM), an agriculture biologicals system is defined as an ecologically, socially and economically sustainable agricultural production system which promotes safe products minimizing environmental adverse consequences and the use of non-renewable natural resources.
In other words, agriculture biologicals are organic and ecological agriculture systems, which discourage the use of synthetic and chemical fertilizers, thereby helping in conserving the environment. In these agriculture systems, the use of synthetic fertilizers such as biocides, genetic modifications, and other chemical fertilizers are avoided. The whole biological system is based on organic green manure/residues/animal manure and other ecological methods (bio-control methods) and techniques.
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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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