Agricultural Biologicals Market to Grow by USD 14.76 Billion from 2025-2029, Driven by Rising Chemical Fertilizer Prices, Report on AI Driving Market Transformation - Technavio

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The agricultural biologicals market and it is set to grow by USD 14.76 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of almost 15.4% during the forecast period, according to Technavio. The agricultural biologicals market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market.  Agrinos AS, Andermatt Group AG, BASF SE, Bayer AG, Biological Products Industry Alliance, Certis USA LLC, Evogene Ltd., Gowan Co., Koppert, Novozymes AS, PI Industries Ltd., Pro Farm Group Inc., PROBELTE SAU, SEIPASA SA, SOM Phytopharma India Ltd., Syngenta Crop Protection AG, T.Stanes and Co. Ltd., UPL Ltd., Valent BioSciences LLC, and Vegalab SA are some of the major market participants -. To know about the vendor offerings - Request a sample report

Agricultural Biologicals Market 2025-2029: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The agricultural biologicals market report covers the following areas:

• Agricultural Biologicals Market Size
• Agricultural Biologicals Market Trends
• Agricultural Biologicals Market Industry Analysis
• Porter's Five Forces Analysis
• Customer Landscape

The agricultural biologicals market is fragmented, and the degree of fragmentation will accelerate. The increasing prices of chemical fertilizers and pesticides will offer immense growth opportunities. However, the Lack of awareness of agricultural biologicals will hamper the market growth

Agricultural Biologicals Market 2025-2029: Drivers & Challenges

The rising costs of chemical fertilizers and pesticides serve as a significant driver for the global agricultural biologicals market. Farmers may seek more affordable and sustainable alternatives, leading to increased demand for agricultural biological products. Biofertilizers, which consist of living microorganisms that enhance soil health and nutrient availability, and biopesticides, derived from natural sources for pest and disease control, are viable options. These products not only offer cost savings but also contribute to environmental sustainability by reducing pollution and fostering biodiversity.

The global agricultural biologicals market faces impeded growth due to insufficient awareness among farmers regarding the benefits of using these products. Factors influencing the adoption of agricultural biologicals include economic sustainability, eco-friendliness, political obligation, practical viability, and social acceptability. However, misconceptions surrounding biofertilizers, particularly their potential health risks, hinder market expansion. In Sub-Saharan Africa, the use of biofertilizers is significantly lower than in developed and some developing Asian regions. This inconsistency highlights the need for increased awareness and education on the advantages of agricultural biologicals to foster their wider adoption.

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Segment Overview 

This agricultural biologicals market report extensively covers market segmentation by  

• Type
• Biopesticides
• Biofertilizers
• Biostimulants
• Application
• Cereals And Grains
• Fruits And Vegetables
• Oilseeds And Pulses
• Others
• Geography
• North America
• Europe
• APAC
• South America
• Middle East And Africa

1.1 Biopesticides- Biopesticides, derived from natural materials such as plants, bacteria, fungi, and minerals, are gaining popularity in the agricultural industry due to their lower toxicity levels compared to conventional pesticides. Biopesticides are categorized into three main classes: biochemical pesticides, microbial pesticides, and plant-incorporated protectants. Biochemical pesticides are naturally occurring substances that control pests through non-toxic mechanisms, such as interfering with mating or trapping pests with scented plants. Microbial pesticides consist of microorganisms like bacteria, fungi, or protozoa as active ingredients, which are specific to target pests. Plant-incorporated protectants are genetically modified plants that produce pesticidal substances. The market for biopesticides comprises both large and small firms. Europe, particularly France and Germany, is a high-growth market for biopesticides and is projected to continue growing over the forecast period. In November 2023, Bayer announced the launch of SERENADE SC, its first bio-fungicide product in Vietnam, which enhances local farmers' crop yield and quality. Product launches like these are expected to fuel the growth of the biopesticides segment in the global agricultural biologicals market during the forecast period.

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Agricultural Biologicals Market 2025-2029: Key Highlights

• CAGR of the market during the forecast period 2025-2029
• Detailed information on factors that will assist agricultural biologicals market growth during the next five years
• Estimation of the agricultural biologicals market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the agricultural biologicals market across North America, Europe, APAC, South America, and Middle East and Africa
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of agricultural biologicals market vendors

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SOURCE Technavio