Agricultural Biologicals Market by Function, Product Type (Microbials, Macrobials, Semiochemicals, Natural products), Mode of Application (Foliar Spray, Soil & Seed treatment), Crop Type (Cereals & Grains, Fruits) & Region - Global Forecast to 2028

Abstract
According to MarketsandMarkets, the agricultural biologicals market is projected to reach USD 27.9 billion by 2028 from USD 14.6 billion by 2023, at a CAGR of 13.8% during the forecast period in terms of value. The agricultural biologicals market comprises of biofertilizers, biopesticides, beneficial insects and biostimulants. The increasing consumer awareness and preference for organic and sustainable food fuel the market demand for agricultural biologicals. However, the higher production costs and limited scalability of agricultural biologicals can present challenges in terms of affordability and market competitiveness. Nevertheless, governments' implementation of stricter regulations on chemical pesticides encourages the adoption of safer alternatives, providing opportunities for the agricultural biologicals market.

"By mode of application, Foliar spray is projected in high demand during the forecast period."

The compatibility of foliar application with other agricultural practices, such as fertilization, disease management, and pest control, enables farmers to seamlessly integrate agricultural biologicals into their existing spray programs. This integration enhances the overall effectiveness and efficiency of crop management practices. Foliar spray offers a targeted and precise method of applying agricultural biologicals, enabling direct contact between the biological agents and the target pests or pathogens. This direct contact maximizes the effectiveness of the biological solutions, optimizing their impact on pest and disease control. Owing to these factors, the segment is projected to grow at the highest CAGR.

"By crop type, the Cereals & Grains is expected to dominate the market for agricultural biologicals"

Agricultural biologicals provide effective and sustainable solutions for managing pests and diseases in cereals and grains, which are vulnerable to various pests and diseases that can negatively impact yield and quality. By utilizing agricultural biologicals, farmers can reduce their dependence on chemical pesticides. Additionally, biological products like biofertilizers and microbial inoculants improve the availability and uptake of nutrients in cereals and grains. They enhance soil fertility, promote nutrient cycling, and boost the plants' ability to absorb vital nutrients, resulting in improved crop health and increased productivity.

South America will significantly contribute toward market growth during the forecast period

The South American region, comprising Brazil, Argentina, and the Rest of South America (including Chile, Peru, and Venezuela), witnesses the cultivation of key crops such as cereals, corn, legumes, and soybeans across tropical, sub-tropical, and temperate climatic areas. Over time, inappropriate agricultural practices and excessive use of fertilizers and technology have led to soil degradation, prompting many farmers to adopt organic farming practices.

A significant portion of land in the region is dedicated to organic farming, predominantly owned by small and local farmers. Various Latin American countries, including Argentina, Brazil, and Colombia, are expanding their production of biofertilizers and biological control agents. Incentive programs and regulatory changes are encouraging the use of biological inputs in agriculture. Moreover, these countries are focusing on diversifying crop varieties among small-scale farmers through organic farming strategies.

The increasing focus on organic farming and sustainable practices in the South American region drives the demand for agricultural biologicals as preferred inputs. Farmers are actively seeking biological solutions for pest and disease management, nutrient supplementation, and soil health improvement, presenting a lucrative market opportunity for manufacturers and suppliers of agricultural biologicals. Additionally, governments in South American countries are implementing incentive programs and regulatory changes to encourage the adoption of biological inputs in agriculture. These initiatives provide valuable support and incentives for farmers, leading to market growth and greater acceptance of agricultural biologicals.

The break-up of Primaries:
By Company Type: Tier1-40%, Tier 2-30%, Tier 3- 30%
By Designation: Managers – 50%, CXOs-30%, and Executives- 20%
By Region: North America - 20%, Europe - 25%, Asia Pacific – 35%, South America – 10% RoW – 10%,

Leading players profiled in this report:
•BASF SE (Germany)
•Syngenta AG (Switzerland)
•Bayer AG (Germany)
•UPL (India)
•Corteva Agriscience (US)
•The Mosaic Company (US)
•Pro Farm Group Inc. (US)
•Gowan Company (US)
•Vegalab SA (Switzerland)
•Lallemand Inc. (Canada)
•Valent BioSciences LLC (US)
•Koppert (Netherlands)
•Sustainable Agro Solutions, S.A.U. (Spain)
•Trade Corporation International (Spain)
•STK Bio-AG (Israel)
•Biolchim Spa (Italy)
•Rizobacter (Argentina)
•Bionema (UK)
•Certis USA L.L.C (US)
•Biobest Group NV (Belgium)
•Verdesian Life Sciences (US)
•AXEB BIOTECH SL (Spain)
•Pivot Bio (US)
•Andermatt Group AG. (Switzerland)
•Biotalys (Belgium)
The study includes an in-depth competitive analysis of these key players in the agricultural biologicals market with their company profiles, recent developments, and key market strategies.

Research Coverage:
The report segments the agricultural biologicals market on the basis of function, Mode of Application, Product Type, Crop Type, and Region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global agricultural biologicals market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall agricultural biologicals market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
•Analysis of key drivers (Increased demand for organic food products), restraints (efficacy of products), opportunities (Emerging markets present untapped opportunities for the adoption of agricultural biologicals), and challenges (Cost-effectiveness) influencing the growth of the agricultural biologicals market.
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the agricultural biologicals market.
•Market Development: Comprehensive information about lucrative markets – the report analyses the agricultural biologicals market across varied regions.
•Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the agricultural biologicals market.
•Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players such as BASF SE (Germany), Syngenta AG (Switzerland), Bayer AG (Germany), UPL (India), and Corteva Agriscience (US). The report also helps stakeholders understand the agricultural biologicals and related markets and provides them with information on key market drivers, restraints, challenges, and opportunities.

Content
Table of Contents

1INTRODUCTION38
1.1STUDY OBJECTIVES38
1.2MARKET DEFINITION38
1.3STUDY SCOPE39
1.3.1MARKETS COVERED39
FIGURE 1MARKET SEGMENTATION39
1.3.2INCLUSIONS & EXCLUSIONS39
1.3.3REGIONS COVERED40
1.3.4YEARS CONSIDERED40
1.4UNITS CONSIDERED41
1.4.1CURRENCY41
1.4.2VOLUME41
1.5STAKEHOLDERS42
1.6SUMMARY OF CHANGES42
1.6.1RECESSION IMPACT ANALYSIS43
2RESEARCH METHODOLOGY44
2.1RESEARCH DATA44
FIGURE 2AGRICULTURAL BIOLOGICALS MARKET: RESEARCH DESIGN44
2.1.1SECONDARY DATA45
2.1.1.1Key data from secondary sources45
2.1.2PRIMARY DATA46
TABLE 1KEY DATA FROM PRIMARY SOURCES46
2.1.2.1Breakdown of primary interviews47
FIGURE 3BREAKDOWN OF PRIMARY INTERVIEWS: BY VALUE CHAIN, DESIGNATION, AND REGION47
2.2MARKET SIZE ESTIMATION47
2.2.1MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH48
FIGURE 4AGRICULTURAL BIOLOGICALS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH48
FIGURE 5AGRICULTURAL BIOLOGICALS MARKET SIZE ESTIMATION (DEMAND SIDE)49
2.2.2MARKET SIZE ESTIMATION: TOP-DOWN APPROACH49
FIGURE 6AGRICULTURAL BIOLOGICALS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH50
FIGURE 7AGRICULTURAL BIOLOGICALS MARKET SIZE ESTIMATION, BY FUNCTION (SUPPLY SIDE)50
2.3DATA TRIANGULATION51
FIGURE 8DATA TRIANGULATION METHODOLOGY51
2.4RESEARCH ASSUMPTIONS51
2.5RESEARCH LIMITATIONS & ASSOCIATED RISKS52
2.6RECESSION IMPACT ANALYSIS52
2.6.1MACRO INDICATORS OF RECESSION52
FIGURE 9INDICATORS OF RECESSION53
FIGURE 10WORLD INFLATION RATE, 2011–202153
FIGURE 11GLOBAL GDP, 2011–2021 (USD TRILLION)54
FIGURE 12RECESSION INDICATORS AND THEIR IMPACT ON AGRICULTURAL BIOLOGICALS MARKET55
FIGURE 13GLOBAL AGRICULTURAL BIOLOGICALS MARKET: EARLIER FORECAST VS. RECESSION FORECAST55
3EXECUTIVE SUMMARY56
TABLE 2AGRICULTURAL BIOLOGICALS MARKET SNAPSHOT, 2023 VS. 202856
FIGURE 14AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023 VS. 2028 (USD MILLION)57
FIGURE 15AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2023 VS. 2028 (USD MILLION)57
FIGURE 16AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION)58
FIGURE 17AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION)58
FIGURE 18AGRICULTURAL BIOLOGICALS MARKET: REGIONAL SNAPSHOT59
4PREMIUM INSIGHTS60
4.1BRIEF OVERVIEW OF AGRICULTURAL BIOLOGICALS MARKET60
FIGURE 19SHIFT TOWARD SUSTAINABLE AGRICULTURE DRIVING MARKET GROWTH60
4.2NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION AND KEY COUNTRY61
FIGURE 20BIOCONTROL SEGMENT ACCOUNTED FOR LARGEST SHARE OF NORTH AMERICAN AGRICULTURAL BIOLOGICALS MARKET IN 202261
4.3AGRICULTURAL BIOLOGICALS MARKET, BY REGION61
FIGURE 21NORTH AMERICA TO DOMINATE AGRICULTURAL BIOLOGICALS MARKET FROM 2023 TO 2028 (USD MILLION)61
FIGURE 22EUROPE TO GROW AT SIGNIFICANT CAGR FROM 2023 TO 2028 (KT)62
4.4AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION62
FIGURE 23BIOCONTROL SEGMENT ESTIMATED TO BE LARGEST THROUGHOUT FORECAST PERIOD (USD MILLION)62
4.5AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE63
FIGURE 24MICROBIAL-BASED AGRICULTURAL BIOLOGICALS ESTIMATED TO BE LARGEST SEGMENT DURING FORECAST PERIOD (USD MILLION)63
4.6AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION AND REGION64
FIGURE 25EUROPE ESTIMATED TO HOLD LARGEST SHARE IN FOLIAR SPRAY APPLICATION DURING FORECAST PERIOD (USD MILLION)64
FIGURE 26BRAZIL, US, AND FRANCE PROJECTED TO GROW AT HIGH RATES DURING FORECAST PERIOD65
 
5MARKET OVERVIEW66
5.1INTRODUCTION66
5.2MACRO INDICATORS66
5.2.1INCREASE IN ORGANIC AGRICULTURAL PRACTICES66
FIGURE 27GLOBAL ORGANIC AGRICULTURE, BY REGION, 202167
FIGURE 28TOP-TEN COUNTRIES WITH HIGHEST INCREASE IN AREAS UNDER ORGANIC LANDS, 2021 (HECTARES)67
5.2.2POPULATION GROWTH AND DEMAND FOR DIVERSE FOOD PRODUCTS68
FIGURE 29POPULATION GROWTH TREND, BY REGION, 1950–2050 (MILLION)68
5.3MARKET DYNAMICS69
FIGURE 30DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN AGRICULTURAL BIOLOGICALS MARKET69
5.3.1DRIVERS69
5.3.1.1Regulatory pressures and harmful effects associated with synthetic plant protection products69
FIGURE 31RISING USE OF PESTICIDES, GLOBALLY, 2018–2022 (TONS)70
FIGURE 32GLOBAL USE OF AGROCHEMICALS, BY TYPE, 2018–2022 (TONS)71
5.3.1.2Rise in resistance development in various pest and insect species to drive consumption of natural biocontrol protection in agriculture71
5.3.1.3Rising trend for organically produced foods among consumers to drive demand for biologicals72
FIGURE 33CONSUMPTION OF ORGANIC FOOD & BEVERAGE PRODUCTS, BY KEY COUNTRY, 2016–2022 (USD MILLION)72
5.3.2RESTRAINTS73
5.3.2.1Technological and environmental constraints for use of biologicals73
5.3.2.2Absence of well-constructed marketing routes and surrounding infrastructure73
5.3.3OPPORTUNITIES74
5.3.3.1Advancements in microbial research undertaken by key players across regions74
FIGURE 34INCREASE IN PATENTS GRANTED FOR AGRICULTURAL BIOLOGICALS, 2018 – 2022.74
5.3.3.2Increasing importance of sustainable food production globally75
5.3.4CHALLENGES75
5.3.4.1High preference for agrochemicals among farmers across regions75
5.3.4.2Presence of counterfeit products in market across regions75
6INDUSTRY TRENDS76
6.1INTRODUCTION76
6.2VALUE CHAIN ANALYSIS76
6.2.1RESEARCH AND PRODUCT DEVELOPMENT76
6.2.2SOURCING AND PRODUCTION76
6.2.3PROCESSING AND MANUFACTURING76
6.2.4MARKETING, SALES, LOGISTICS, AND RETAIL76
FIGURE 35VALUE CHAIN ANALYSIS OF AGRICULTURAL BIOLOGICALS MARKET: SOURCING AND PRODUCTION KEY CONTRIBUTORS77
6.3SUPPLY CHAIN ANALYSIS77
FIGURE 36SUPPLY CHAIN ANALYSIS78
6.4PATENT ANALYSIS78
FIGURE 37NUMBER OF PATENTS APPROVED FOR AGRICULTURAL BIOLOGICALS IN GLOBAL MARKET, 2012–202279
FIGURE 38JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR AGRICULTURAL BIOLOGICALS, 2016–202279
TABLE 3LIST OF MAJOR PATENTS PERTAINING TO AGRICULTURAL BIOLOGICALS, 2020–202280
6.5MARKET ECOSYSTEM84
FIGURE 39AGRICULTURAL BIOLOGICALS: ECOSYSTEM VIEW84
FIGURE 40AGRICULTURAL BIOLOGICALS: MARKET MAP85
6.6TRADE ANALYSIS85
FIGURE 41IMPORT DATA OF BIOFERTILIZERS FOR KEY COUNTRIES, 2018–2022 (THOUSAND USD)86
FIGURE 42EXPORT DATA OF BIOFERTILIZERS FOR KEY COUNTRIES, 2018–2022 (THOUSAND USD)86
6.7KEY CONFERENCES & EVENTS IN 2022--202387
TABLE 4AGRICULTURAL BIOLOGICALS MARKET: DETAILED LIST OF CONFERENCES & EVENTS87
6.8TECHNOLOGY ANALYSIS88
6.8.1TECHNOLOGICAL ADVANCEMENTS FOR LIQUID BIOFERTILIZERS88
6.9TRENDS/DISRUPTIONS IMPACTING BUYERS IN AGRICULTURAL BIOLOGICALS MARKET88
FIGURE 43TRENDS/DISRUPTIONS IMPACTING BUYERS IN AGRICULTURAL BIOLOGICALS MARKET89
6.10PRICING ANALYSIS89
6.10.1INTRODUCTION89
FIGURE 44PRICING ANALYSIS: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018 – 2022 (USD /TON)89
FIGURE 45BIOCONTROL: PRICING ANALYSIS FOR AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018 – 2022 (USD /TON)90
FIGURE 46BIOFERTILIZERS: PRICING ANALYSIS FOR AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018 – 2022 (USD /TON)90
FIGURE 47BIOSTIMULANTS: PRICING ANALYSIS FOR AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018 – 2022 (USD /TON)91
6.11CASE STUDY ANALYSIS91
6.11.1INCREASE IN DEMAND FOR EASY-TO-USE INOCULANTS BY CONSUMERS91
TABLE 5IDENTIFICATION OF MARKET OPPORTUNITIES FOR AGRICULTURAL BIOLOGICALS IN NORTH AMERICA91
6.11.2HIGH ADOPTION OF ORGANIC GROWTH STRATEGIES BY KEY PLAYER92
6.12PORTER’S FIVE FORCES ANALYSIS92
TABLE 6AGRICULTURAL BIOLOGICALS MARKET: PORTER’S FIVE FORCES ANALYSIS92
6.12.1INTENSITY OF COMPETITIVE RIVALRY92
6.12.2THREAT OF NEW ENTRANTS93
6.12.3THREAT OF SUBSTITUTES93
6.12.4BARGAINING POWER OF SUPPLIERS93
6.12.5BARGAINING POWER OF BUYERS94
6.13KEY STAKEHOLDERS & BUYING CRITERIA94
6.13.1KEY STAKEHOLDERS IN BUYING PROCESS94
FIGURE 48INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP-THREE MODES OF APPLICATION94
TABLE 7INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP-THREE MODES OF APPLICATION94
6.13.2BUYING CRITERIA95
FIGURE 49INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP-THREE PRODUCT TYPES OF AGRICULTURAL BIOLOGICALS95
TABLE 8KEY BUYING CRITERIA FOR TOP-THREE PRODUCT TYPES OF AGRICULTURAL BIOLOGICALS95
6.14REGULATORY LANDSCAPE96
6.14.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS96
TABLE 9NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS96
TABLE 10EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS96
TABLE 11ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS97
6.14.2US98
6.14.3CANADA98
6.14.3.1Laboratory Services99
6.14.4EUROPE100
6.14.5INDIA102
6.14.6AUSTRALIA102
7AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE108
7.1INTRODUCTION109
7.2MACROINDICATORS109
7.2.1ADOPTION OF ORGANIC AGRICULTURAL CROPS GLOBALLY109
FIGURE 50DEVELOPMENT OF ORGANIC AGRICULTURAL LAND, 2016–2020109
7.2.2BAN ON USE OF CHEMICAL-BASED PESTICIDES110
TABLE 12PAN INTERNATIONAL CONSOLIDATED LIST OF BANNED PESTICIDES: 6TH EDITION, MAY 2022110
FIGURE 51AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION)111
TABLE 13AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)111
TABLE 14AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)111
 
7.3CEREALS & GRAINS112
7.3.1RISING DEMAND FOR ORGANIC CEREALS AND PULSES LIKELY TO DRIVE AGRICULTURAL BIOLOGICALS MARKET112
TABLE 15COMMON PLANT DISEASES IN WHEAT113
TABLE 16AGRICULTURAL BIOLOGICALS MARKET FOR CEREALS & GRAINS, BY REGION, 2018–2022 (USD MILLION)113
TABLE 17AGRICULTURAL BIOLOGICALS MARKET FOR CEREALS & GRAINS, BY REGION, 2023–2028 (USD MILLION)114
7.4OILSEEDS & PULSES114
7.4.1DEMAND FOR BIOLOGICALS TO REMAIN HIGH TO ENHANCE SELF-SUFFICIENCY IN PRODUCTION AND PRODUCTIVITY OF OILSEEDS & PULSES114
TABLE 18AGRICULTURAL BIOLOGICALS MARKET FOR OILSEEDS & PULSES, BY REGION, 2018–2022 (USD MILLION)115
TABLE 19AGRICULTURAL BIOLOGICALS MARKET FOR OILSEEDS & PULSES, BY REGION, 2023–2028 (USD MILLION)115
7.5FRUITS & VEGETABLES116
7.5.1GROWING DEMAND FOR HIGH-QUALITY EXPORT OF FRUITS & VEGETABLES TO DRIVE DEMAND FOR BIOLOGICALS116
TABLE 20LIST OF BIOLOGICAL CONTROL AGENTS USED FOR MANAGEMENT OF INSECT PESTS OF VEGETABLE CROPS117
TABLE 21MAJOR CROPS AFFECTED BY ROOT-KNOT NEMATODES118
TABLE 22AGRICULTURAL BIOLOGICALS MARKET FOR FRUITS & VEGETABLES, BY REGION, 2018–2022 (USD MILLION)119
TABLE 23AGRICULTURAL BIOLOGICALS MARKET FOR FRUITS & VEGETABLES, BY REGION, 2023–2028 (USD MILLION)119
7.6OTHER CROP TYPES120
TABLE 24AGRICULTURAL BIOLOGICALS MARKET FOR OTHER CROP TYPES, BY REGION, 2018–2022 (USD MILLION)120
TABLE 25AGRICULTURAL BIOLOGICALS MARKET FOR OTHER CROP TYPES, BY REGION, 2023–2028 (USD MILLION)121
8AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE122
8.1INTRODUCTION123
FIGURE 52AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2023 VS. 2028 (USD MILLION)123
TABLE 26AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION)123
TABLE 27AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)124
8.2MICROBIALS124
8.2.1ABILITY TO INCREASE NUTRIENT AVAILABILITY IN SOIL AND ENHANCE PLANT YIELD TO DRIVE GROWTH OF MICROBIALS SEGMENT124
TABLE 28MICROBIALS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)126
TABLE 29MICROBIALS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)126
 
8.3NATURAL PRODUCTS127
8.3.1WIDE APPLICATION AND USAGE AREAS OF NATURAL PRODUCTS TO DRIVE DEMAND127
TABLE 30NATURAL PRODUCTS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)128
TABLE 31NATURAL PRODUCTS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)128
8.4MACROBIALS129
8.4.1REQUIREMENT FOR HIGH-END DISTRIBUTION LOGISTICS AND SHORT SHELF-LIFE TO HAMPER GROWTH OF MACROBIALS129
TABLE 32MACROBIALS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)130
TABLE 33MACROBIALS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)130
8.5SEMIOCHEMICALS131
8.5.1FEATURES OF NON-TOXICITY, SPECIES-SPECIFIC, AND EFFICIENCY TO DRIVE DEMAND FOR SEMIOCHEMICALS131
TABLE 34SEMIOCHEMICALS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)132
TABLE 35SEMIOCHEMICALS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)132
9AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION133
9.1INTRODUCTION134
FIGURE 53AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023 VS. 2028 (USD MILLION)134
TABLE 36AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)135
TABLE 37AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)135
TABLE 38AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (KT)135
TABLE 39AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (KT)135
9.2CROP PROTECTION136
9.2.1INCREASING DEMAND FOR SUSTAINABLE AGRICULTURAL PRACTICES TO DRIVE AGRICULTURAL BIOLOGICALS MARKET GROWTH136
TABLE 40BIOLOGICAL CROP PROTECTION METHODS136
9.2.2BIOCONTROL137
9.2.2.1Use of biocontrol methods in integrated pest management programs to drive market growth137
TABLE 41BIOLOGICAL CONTROL AGENT LIST138
TABLE 42APPROACHES OF BIOCONTROL138
TABLE 43BIOCONTROL: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)139
TABLE 44BIOCONTROL: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)139
TABLE 45BIOCONTROL: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (KT)140
TABLE 46BIOCONTROL: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (KT)140
9.3CROP ENHANCEMENT141
9.3.1BIOFERTILIZERS141
9.3.1.1Ability of biofertilizers to enhance soil fertility, crop productivity, and tolerance to fuel demand141
TABLE 47BIOFERTILIZERS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)142
TABLE 48BIOFERTILIZERS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)142
TABLE 49BIOFERTILIZERS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (KT)143
TABLE 50BIOFERTILIZERS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (KT)143
9.3.2BIOSTIMULANTS143
9.3.2.1To drive success in precision agriculture, harnessing biostimulants for optimal crop establishment and root growth to play key role143
TABLE 51MAJOR SOURCES OF BIOSTIMULANTS144
TABLE 52BIOSTIMULANTS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)145
TABLE 53BIOSTIMULANTS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)145
TABLE 54BIOSTIMULANTS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (KT)145
TABLE 55BIOSTIMULANTS: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (KT)146
10AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION147
10.1INTRODUCTION148
FIGURE 54AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION)148
TABLE 56AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)148
TABLE 57AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)148
10.2FOLIAR SPRAY149
10.2.1FOLIAR SPRAYS TO BE EFFECTIVE DUE TO THEIR DIRECT ACTION ON LEAVES AND INCREASED CROP YIELD149
TABLE 58BIOSTIMULANTS USED FOR VARIOUS CROPS150
TABLE 59FOLIAR SPRAY: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)150
TABLE 60FOLIAR SPRAY: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)151
10.3SEED TREATMENT151
10.3.1SEED TREATMENT TO INCREASE YIELD, MINIMIZE STRESS, AND PROTECT SEEDS FROM EARLY SEASON151
TABLE 61SEED TREATMENT: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)152
TABLE 62SEED TREATMENT: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)153
10.4SOIL TREATMENT153
10.4.1BENEFITS OF REVIVING LOST AND DEGRADED SOIL HEALTH TO DRIVE USE OF SOIL TREATMENT BIOLOGICALS153
TABLE 63SOIL TREATMENT: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)154
TABLE 64SOIL TREATMENT: AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)154
11AGRICULTURAL BIOLOGICALS MARKET, BY REGION155
11.1INTRODUCTION156
FIGURE 55US TO ACCOUNT FOR LARGEST SHARE IN AGRICULTURAL BIOLOGICALS MARKET IN 2023157
TABLE 65AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2018–2022 (USD MILLION)157
TABLE 66AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2023–2028 (USD MILLION)158
TABLE 67AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)158
TABLE 68AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)158
TABLE 69AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION)159
TABLE 70AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)159
TABLE 71AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)159
TABLE 72AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)160
TABLE 73AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)160
TABLE 74AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)160
11.2NORTH AMERICA161
FIGURE 56NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET SNAPSHOT162
11.2.1NORTH AMERICA: RECESSION IMPACT ANALYSIS162
FIGURE 57NORTH AMERICAN AGRICULTURAL BIOLOGICALS MARKET: RECESSION IMPACT ANALYSIS163
TABLE 75NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)163
TABLE 76NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)163
TABLE 77NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)164
TABLE 78NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)164
TABLE 79NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION)164
TABLE 80NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)165
TABLE 81NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)165
TABLE 82NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)165
TABLE 83NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)166
TABLE 84NORTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)166
11.2.2US166
11.2.2.1Favorable regulatory frameworks in US to enable convenient registration of biocontrol166
TABLE 85US: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)167
TABLE 86US: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)167
11.2.3CANADA168
11.2.3.1Increasing adoption of biologicals in greenhouses and support from government for promoting integrated pest management practices to drive growth in Canada168
TABLE 87CROPS INFESTED BY INSECT PESTS IN CANADA169
TABLE 88CANADA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)170
TABLE 89CANADA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)170
11.2.4MEXICO170
11.2.4.1Presence of ample organic land to drive agricultural biologicals market in Mexico170
TABLE 90MEXICO: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)171
TABLE 91MEXICO: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)171
11.3EUROPE172
11.3.1EUROPE: RECESSION IMPACT ANALYSIS172
FIGURE 58EUROPEAN AGRICULTURAL BIOLOGICALS MARKET: RECESSION IMPACT ANALYSIS173
TABLE 92EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)173
TABLE 93EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)174
TABLE 94EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)174
TABLE 95EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)174
TABLE 96EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION)175
TABLE 97EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)175
TABLE 98EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)175
TABLE 99EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)176
TABLE 100EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)176
TABLE 101EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)176
11.3.2GERMANY177
11.3.2.1Increasing organic farming leading to surge in demand for agricultural biologicals in Germany177
FIGURE 59ORGANIC FARMS IN GERMANY177
TABLE 102GERMANY: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)178
TABLE 103GERMANY: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)178
11.3.3FRANCE178
11.3.3.1Increased government initiatives and favorable regulatory environment in France to drive market growth178
TABLE 104FRANCE: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)179
TABLE 105FRANCE: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)180
11.3.4SPAIN180
11.3.4.1Increased infestation of citrus leading to surge in use of biologicals in Spain180
TABLE 106VARIOUS CITRUS DISEASES CAUSED BY PATHOGENS181
TABLE 107SPAIN: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)182
TABLE 108SPAIN: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)182
11.3.5ITALY183
11.3.5.1Rising focus on integrated pest management (IPM), which includes usage of agri-biologicals, to drive market growth in Italy183
TABLE 109ITALY: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)184
TABLE 110ITALY: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)184
11.3.6UK184
11.3.6.1Naturally occurring seaweed-based biofertilizers to drive demand for biofertilizers in UK184
FIGURE 60LAND AREA FARMED ORGANICALLY IN UK185
TABLE 111UK: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)185
TABLE 112UK: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)185
11.3.7REST OF EUROPE186
TABLE 113REST OF EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)186
TABLE 114REST OF EUROPE: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)186
11.4ASIA PACIFIC187
11.4.1ASIA PACIFIC: RECESSION IMPACT ANALYSIS188
FIGURE 61ASIA PACIFIC AGRICULTURAL BIOLOGICALS MARKET: RECESSION IMPACT ANALYSIS188
TABLE 115ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)189
TABLE 116ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)189
TABLE 117ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)189
TABLE 118ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)190
TABLE 119ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION)190
TABLE 120ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)190
TABLE 121ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)191
TABLE 122ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)191
TABLE 123ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)191
TABLE 124ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)192
11.4.2CHINA192
11.4.2.1China’s pesticide reduction policies leading to increased recommendations for biological control192
TABLE 125CHINA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)193
TABLE 126CHINA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)193
11.4.3JAPAN194
11.4.3.1MAFF's Initiatives and support to drive agricultural biologicals market growth in Japan194
TABLE 127JAPAN: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)195
TABLE 128JAPAN: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)195
11.4.4INDIA195
11.4.4.1Favorable government regulations in India to drive market for biocontrol, biofertilizers, and biopesticides195
TABLE 129PESTICIDES BANNED FOR MANUFACTURE, IMPORT, AND USE IN INDIA196
TABLE 130PESTICIDE FORMULATIONS BANNED FOR IMPORT, MANUFACTURE, AND USE IN INDIA196
TABLE 131PESTICIDE/PESTICIDE FORMULATIONS BANNED FOR USE BUT CONTINUED TO MANUFACTURE FOR EXPORT IN INDIA197
TABLE 132BIOCONTROL USED AGAINST MAJOR PESTS IN INDIA197
TABLE 133INDIA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)198
TABLE 134INDIA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)198
11.4.5AUSTRALIA198
11.4.5.1Impact of pathogens on Australian horticulture industry and Australian Government’s hefty investments to drive growth198
TABLE 135AUSTRALIA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)199
TABLE 136AUSTRALIA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)199
11.4.6REST OF ASIA PACIFIC200
TABLE 137REST OF ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)200
TABLE 138REST OF ASIA PACIFIC: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)201
11.5SOUTH AMERICA201
FIGURE 62SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET SNAPSHOT202
11.6SOUTH AMERICA: RECESSION IMPACT ANALYSIS202
FIGURE 63SOUTH AMERICAN AGRICULTURAL BIOLOGICALS MARKET: RECESSION IMPACT ANALYSIS203
TABLE 139SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)203
TABLE 140SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)204
TABLE 141SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)204
TABLE 142SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)204
TABLE 143SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION)205
TABLE 144SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)205
TABLE 145SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)205
TABLE 146SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)206
TABLE 147SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)206
TABLE 148SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)206
 
11.6.1BRAZIL207
11.6.1.1Increasing soil contamination to lead to use of biological solutions by farmers in Brazil207
TABLE 149BRAZIL: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)208
TABLE 150BRAZIL: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)208
11.6.2ARGENTINA209
11.6.2.1Deteriorating agricultural conditions in Argentina to rapidly recover with use of biocontrol, biofertilizers, and agricultural technology solutions209
TABLE 151ARGENTINA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)209
TABLE 152ARGENTINA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)210
11.6.3REST OF SOUTH AMERICA210
TABLE 153REST OF SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)211
TABLE 154REST OF SOUTH AMERICA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)211
11.7REST OF THE WORLD (ROW)212
11.7.1REST OF THE WORLD (ROW): RECESSION IMPACT ANALYSIS212
FIGURE 64REST OF THE WORLD (ROW) AGRICULTURAL BIOLOGICALS MARKET: RECESSION IMPACT ANALYSIS213
TABLE 155ROW: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)213
TABLE 156ROW: AGRICULTURAL BIOLOGICALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)214
TABLE 157ROW: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)214
TABLE 158ROW: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)214
TABLE 159ROW: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION)215
TABLE 160ROW: AGRICULTURAL BIOLOGICALS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)215
TABLE 161ROW: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)215
TABLE 162ROW: AGRICULTURAL BIOLOGICALS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)216
TABLE 163ROW: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)216
TABLE 164ROW: AGRICULTURAL BIOLOGICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)216
11.7.2SOUTH AFRICA217
11.7.2.1Large number of organic farmers and supportive government policies to widen scope of South African biological industry217
TABLE 165SOUTH AFRICA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)217
TABLE 166SOUTH AFRICA: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)217
11.7.3OTHERS IN ROW218
TABLE 167OTHERS IN ROW: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)219
TABLE 168OTHERS IN ROW: AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)219
12COMPETITIVE LANDSCAPE220
12.1OVERVIEW220
12.2MARKET SHARE ANALYSIS221
TABLE 169AGRICULTURAL BIOLOGICALS MARKET: INTENSITY OF COMPETITIVE RIVALRY, 2022221
12.3STRATEGIES ADOPTED BY KEY PLAYERS222
TABLE 170STRATEGIES ADOPTED BY KEY COMPANIES222
12.4SEGMENTAL REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS224
FIGURE 65FIVE-YEAR SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN MARKET, 2018–2022 (USD BILLION)224
12.5KEY PLAYERS’ ANNUAL REVENUE VS. GROWTH225
FIGURE 66ANNUAL REVENUE, 2022 (USD BILLION) VS. REVENUE GROWTH, 2020–2022 (%)225
12.6KEY PLAYERS’ EBITDA226
FIGURE 67EBITDA, 2022 (USD BILLION)226
12.7GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS226
FIGURE 68GLOBAL SNAPSHOT OF KEY PARTICIPANTS, 2022226
12.8COMPANY EVALUATION QUADRANT (KEY PLAYERS)227
12.8.1STARS227
12.8.2EMERGING LEADERS227
12.8.3PERVASIVE PLAYERS227
12.8.4PARTICIPANTS227
FIGURE 69AGRICULTURAL BIOLOGICALS MARKET: COMPANY EVALUATION QUADRANT, 2022 (KEY PLAYERS)228
12.9PRODUCT FOOTPRINTS228
TABLE 171AGRICULTURAL BIOLOGICALS: FUNCTION FOOTPRINT OF KEY PLAYERS228
TABLE 172AGRICULTURAL BIOLOGICALS: PRODUCT TYPE FOOTPRINT OF KEY PLAYERS229
TABLE 173AGRICULTURAL BIOLOGICALS: REGION FOOTPRINT OF KEY PLAYERS230
TABLE 174AGRICULTURAL BIOLOGICALS: OVERALL FOOTPRINT OF KEY PLAYERS231
12.10STARTUP/SME EVALUATION QUADRANT (OTHER PLAYERS)232
12.10.1PROGRESSIVE COMPANIES232
12.10.2STARTING BLOCKS232
12.10.3RESPONSIVE COMPANIES232
12.10.4DYNAMIC COMPANIES232
12.10.5COMPETITIVE BENCHMARKING F0R OTHER PLAYERS233
TABLE 175AGRICULTURAL BIOLOGICALS: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES233
FIGURE 70AGRICULTURAL BIOLOGICALS MARKET: COMPANY EVALUATION QUADRANT, 2022 (OTHER PLAYERS)234
12.11COMPETITIVE SCENARIO235
12.11.1PRODUCT LAUNCHES235
TABLE 176AGRICULTURAL BIOLOGICALS MARKET: PRODUCT LAUNCHES, JULY 2018–MARCH 2021235
12.11.2DEALS239
TABLE 177AGRICULTURAL BIOLOGICALS MARKET: DEALS, JUNE 2018–OCTOBER 2021239
12.11.3OTHERS256
TABLE 178AGRICULTURAL BIOLOGICALS MARKET: EXPANSIONS, MAY 2017256