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Market Leader - Top Trends In The Agricultural Biologicals Market
The agricultural biologicals market is projected to grow at a CAGR of 13.7% from an estimated value of USD 9.9 billion in 2020 to reach USD 18.9 billion by 2025. Factors such as the increasing awareness of consumers about biological products, and the need to reduce hazards of chemical-based agricultural inputs and steward the environment and favorable regulatory framework for the usage of biologicals, has led to a huge demand for agricultural biologicals, which can prove to be a sustainable solution.
The key players in the top trends of the agricultural biologicals market include Bayer AG (Germany), UPL (India), Syngenta AG (Switzerland), and BASF SE (Germany). Other players include Isagro S.p.A. (Italy), Marrone Bio Innovations (US), Valent Biosciences (US), Koppert Biological Systems (Netherlands), Stockton Bio-AG (Israel), Lallemand (Canada), Certis USA LLC (US), and Valagro S.P.A (Italy), which also contribute a significant share to the agricultural biologicals market.
BASF SE (Germany) is one of the ...
... leading companies in the market, operating with five business segments, namely, functional materials & solutions, chemicals, performance products, agricultural solutions, and others. The company offers an array of products in biological solutions to control pests and diseases. BASF SE invests in extensive research and development to provide new techniques and methods to traditional products. The crop protection segment offers various biological solutions to control pests, fungi, and insects.
Bayer AG (Germany) is one of the world leaders in Life Sciences. It operates through four segments; pharmaceuticals, consumer health, animal health, and crop science. The crop science segment has been working on seed and crop protection products and digital solutions. The crop protection division offers many biological solutions such as bio fungicides, bioinsecticides, inoculants, bionematicides & bio stimulants. The company has a prominent position in the market through its strong brand, geographical presence, product portfolio, and strong consumer base.
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