Market Snapshot

Market Overview

Market Overview

The important factors, driving the growth of the agriculture microbials market are increasing food demand of the global population and food security, rise in cost of agrochemicals, favourable government policies & legislation, and increasing popularity and adoption of organic farming, across the globe. Few factors, such as high target pest specificity of microbials and low adoption rate, owing to less awareness, are limiting the market growth. Nevertheless, the increasing demand in the developing markets, such as Asia-Pacific and Latin America are expected to provide a further growth opportunity, and the growing potential of microbial seed treatment solution is expected to help the agriculture microbials sector to flourish in the coming years.

Whilst the market for microbial products is improving from a relatively low base, it is unlikely that the sector will achieve high growth rates, until reproducibility of action in the field can be proven. High cost of microbial products and their low availability, less awareness about organic pesticides & fertilizers and high specificity of microbial products, mainly microbial pesticides toward pests, are the major constraints for the agriculture microbial market.  The majority of microbial options require frequent, repetitive applications for optimal efficacy. The added labor and expense of these applications is often a deterrent, inhibiting the growth of the market for microbials.

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Porter 5

Market Segmentation

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Table of Contents

Table of Contents

1. Research Methodology and Scope

2. Executive Summary

3. Impact of COVID-19 on Agricultural Microbials Market

4. Market Dynamics

        4.1 Drivers

        4.2 Restraints

5. Competitive Landscape

        5.1 Key Strategies Adopted by Major Companies

        5.2 Company Share Analysis

6. Agricultural Microbials Market Segmentation

        6.1 Segmentation by Type

                 6.1.1 Bacteria

                 6.1.2 Fungi

                 6.1.2 Virus

                 6.1.2 Others

        6.2 Segmentation by Function

                 6.2.1 Soil Amendment

                 6.2.2 Crop Protection

        6.3 Segmentation by Formulation

                 6.3.1 Dry Formulation

                 6.3.2 Liquid Formulation

        6.4 Segmentation by Mode of Application

                 6.4.1 Soil Treatment

                 6.4.2 Foliar Spray

                 6.4.3 Seed Treatment

        6.5 Segmentation by Application

                 6.5.1 Cereals and Grains

                 6.5.2 Fruits and Vegetables

                 6.5.3 Oilseeds and Pulses

                 6.5.2 Turf and Ornamentals

                 6.5.2 Others

7. Agricultural Microbials Control Market by Region

        7.1 North America

                 7.1.1 United States

                 7.1.2 Canada

                 7.1.3 Mexico

        7.2 Europe

                 7.2.1 United Kingdom

                 7.2.2 Spain

                 7.2.3 Italy

                 7.2.4 Germany

                 7.2.5 France

                 7.2.6 Rest of Europe

        7.3 Asia-Pacific

                 7.3.1 China

                 7.3.2 India

                 7.3.3 Japan

                 7.3.4 South Korea

                 7.3.5 Rest of Asia-Pacific

        7.4 South America

                 7.4.1 Brazil

                 7.4.2 Rest of South America

        7.5 Middle East and Africa

8. Company Profiles

        8.1 BASF

        8.2 Syngenta

        8.3 Bayer CropScience

        8.4 Koppert

        8.5 Marrone Bio Innovations

        8.6 Corteva Agriscience

        8.7 Valent Biosciences Corporation

        8.8 Brettyoung

        8.9 UPL

        8.10 IsAgro

9. Appendix

Research Methodology

Segmentation by Type

The global agriculture microbials market, by type, is segmented into bacteria, fungi, virus and others. Bacteria-based products occupy the largest market share of 44.95%, followed by virus with 35.55 %, fungi with 15.29% and others with 2.19% in 2019. The bacteria-based agriculture has a huge demand and is widely used, globally. With increasing awareness and support from various agencies for using agricultural microbials, their share is rapidly increasing.

Segmentation by Function

By function, the global agricultural microbials market is broadly segmented into soil amendments and crop protection. Crop protection segment occupies the largest share of 70% in the market, while 30% is occupied by soil amendments. With environmental sustainability gaining high importance and with government promoting the use of microbials, a double-digit growth is expected in the forecast period for the agriculture microbials market.

Segmentation by Geography

By geography, the global market for agriculture microbial products can be segmented into North America, Europe, Asia-Pacific, South America and Africa. The market is further segmented by country. Asia-Pacific and South America are the fastest growing markets for agriculture microbial products followed by Europe and North America.

The market for agriculture microbial products in Asia-Pacific is likely to grow at a CAGR of 21.24% over 2020-2026. The second fastest growing market, South America is projected to witness a CAGR of 20.35% over 2020-2026.

More concern about “organic” labelled products and awareness of microbial pesticides efficiency has driven the market in North America. The market is expected to grow at a steady rate during the forecast period. In Asia-Pacific, government bodies are conducting campaigns to create awareness about product efficiency and supplying free samples to encourage microbial pesticide usage. A growing awareness about organic farming has also driven the growth of the Asia-Pacific market.

The North America market for agriculture microbial is estimated to be the market leader, owing to the strong encouragement from government for their use and the market is growing at a very fast pace. Apart from North America, Europe and Asia-Pacific are growing at a strong growth rate owing to increased food demand in line with increasing population.

Agriculture microbial market is a niche market, which is growing due to the present agricultural sector need and high innovation. As a natural way of tackling plant growth, maintaining soil health and improving plant nutrient intake, agriculture microbial product application is gaining momentum in various environment conscious markets, such as North America and Europe. Regions with large-scale industrialized agriculture production tend to opt for this innovative segment due to the soil health degradation and heavy use of chemicals in fields. North America is the single largest market for Agriculture microbial products, covering more than 40% of the total market share.

In contrast, several countries outside the EU, especially the United States, do not regulate MBCAs in the same way as chemical pesticides. The United States has one of the few systems where ‘microbial pesticides’ and ‘biochemical pesticides’ (together termed ‘biopesticides’) are evaluated by a separate division from that which is responsible for chemical pesticides; however, both are within the United States Environmental Protection Agency (EPA). In most other administrative systems, e.g. Canada, Australia and the EU, microorganisms and microbial plant protection products are treated in the same administration as conventional chemical actives and their PPPs.

In the United States, Canada, Australia and many other regulatory systems, applications for the registration of active ingredients and formulated products are made to the same authority. The system in the EU is even more complicated, as active ingredients are evaluated at the level of the EU by Parliament and Council Regulation, whereas plant protection products are registered at national level.

Further, Brazil and Argentina are active countries for agricultural microbials usage. Asia-Pacific countries are at the growth stage in this market. China is the major country, followed by India, Australia and Indonesia.

Porters Five Forces Analysis

Major Players

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