Global Agricultural Inoculant Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global Agricultural Inoculant Sales Market Report 2024
Market Analysis and InsightsGlobal Agricultural Inoculant Market
Agricultural inoculants are formulations containing one or more beneficial microorganism strains, (or species) which help in plant growth and development, directly or indirectly. These microorganisms consume several elements from soil as food sources and excrete these into more available materials for plants.
Due to the COVID-19 pandemic, the global Agricultural Inoculant market size is estimated to be worth US$ 4882.4 million in 2022 and is forecast to a readjusted size of US$ 5317 million by 2033 with a CAGR of 1.2% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Active Bacteria ≥ 5×108cfu/ml accounting for % of the Agricultural Inoculant global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Soybean segment is altered to an % CAGR throughout this forecast period.
North America is the largest Agricultural Inoculants market with about 38% market share. South America is follower, accounting for about 33% market share.
The key players are Novozymes A/S, BASF, DowDuPont, Advanced Biological Marketing, Verdesian Life Sciences, Brettyoung, Bayer Cropscience, BioSoja, Rizobacter, KALO, Loveland Products, Mycorrhizal, Premier Tech, Leading Bio-agricultural, Xitebio Technologies, Agnition, Horticultural Alliance, New Edge Microbials, Legume Technology, Syngenta, AMMS, Alosca Technologies, Groundwork BioAg, Zhongnong Fuyuan etc. Top 3 companies occupied about 50% market share.
Global Agricultural Inoculant Scope and Market Size
The global Agricultural Inoculant market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Agricultural Inoculant market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
Active Bacteria ≥ 5×108cfu/ml
Active Bacteria ≥ 2×108cfu/g
Soybean
Cereals
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
BASF
Novozymes
Dupont
BAYER
Verdesian Life Sciences
Stoller
BioSoja
Calister S. A
Leading Bio-Agri
ABM
Alosca Technologies
Microquimica
KALO
Hua Long Technical
Syngenta
Rizobacter
Mycorrhizal
Groundwork BioAg
Agricultural inoculants are formulations containing one or more beneficial microorganism strains, (or species) which help in plant growth and development, directly or indirectly. These microorganisms consume several elements from soil as food sources and excrete these into more available materials for plants.
Due to the COVID-19 pandemic, the global Agricultural Inoculant market size is estimated to be worth US$ 4882.4 million in 2022 and is forecast to a readjusted size of US$ 5317 million by 2033 with a CAGR of 1.2% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Active Bacteria ≥ 5×108cfu/ml accounting for % of the Agricultural Inoculant global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Soybean segment is altered to an % CAGR throughout this forecast period.
North America is the largest Agricultural Inoculants market with about 38% market share. South America is follower, accounting for about 33% market share.
The key players are Novozymes A/S, BASF, DowDuPont, Advanced Biological Marketing, Verdesian Life Sciences, Brettyoung, Bayer Cropscience, BioSoja, Rizobacter, KALO, Loveland Products, Mycorrhizal, Premier Tech, Leading Bio-agricultural, Xitebio Technologies, Agnition, Horticultural Alliance, New Edge Microbials, Legume Technology, Syngenta, AMMS, Alosca Technologies, Groundwork BioAg, Zhongnong Fuyuan etc. Top 3 companies occupied about 50% market share.
Global Agricultural Inoculant Scope and Market Size
The global Agricultural Inoculant market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Agricultural Inoculant market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
Active Bacteria ≥ 5×108cfu/ml
Active Bacteria ≥ 2×108cfu/g
Segment by Application
Soybean
Cereals
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
BASF
Novozymes
Dupont
BAYER
Verdesian Life Sciences
Stoller
BioSoja
Calister S. A
Leading Bio-Agri
ABM
Alosca Technologies
Microquimica
KALO
Hua Long Technical
Syngenta
Rizobacter
Mycorrhizal
Groundwork BioAg