Agricultural Microbials Market Worth USD 5.07 Billion by 2021
PUNE, India, June 2, 2016 /PRNewswire/ --
The report "Agricultural Microbials Market by Type (Bacteria, Fungi, Virus, Protozoa), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Mode Of Application, Function, & by Region - Global Trends & Forecast to 2021", The market is projected to reach a value of USD 5.07 Billion by 2021, at a CAGR of 15.14% from 2016 to 2021.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse more than 84 market data Tables with 66 Figures spread through 168 Pages and in-depth TOC on "Agricultural Microbials Market"
http://www.marketsandmarkets.com/Market-Reports/agricultural-microbial-market-15455593.html
Early buyers will receive 10% customization on this report.
The market is driven by factors such as rising awareness about the usage of agricultural microbials over agrochemicals and increasing consumers' interest in organic products.
The bacteria segment is projected to be the fastest-growing market during the period 2016-2021.
Bacterial agricultural microbials are helpful to the crops in a way that they detoxify the soil and fight the root diseases and provide stability to the soil system. They help in nitrogen fixation, phosphate solubilization, iron sequestration, and phytohormone level modulation in crops. Due to these factors, the bacterial segment dominates the Agricultural Microbials Market.
Fruits & vegetables are the major crop types of application in the Agricultural Microbials Market
Fruits & vegetables accounted for the largest share of the crop type application of agricultural microbials in 2015. With the increasing consumption of fruits & vegetables and increasing demand for tropical and exotic fruits & vegetables in the developing countries globally, this segment is likely to witness growth during the forecast period. The others segment that includes turf & ornamental crops, accounted for the second-largest share in 2015.
North American region dominated the Agricultural Microbials Market in 2016
The North American region was the largest market for agricultural microbials in 2015. Countries such as the U.S., Canada, and Mexico are the major producers of fruit & vegetable crops. Rise in organic & environment-friendly farming practices has increased the demand for agricultural microbials, especially in the U.S. The market in Canada is driven by the rise in cost of fertilizers & pesticides, which has in turn led to high usage of agricultural microbials. Brazil and Argentina are also the 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.
Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=15455593
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as BASF SE (Germany), Dow AgroSciences LLC (U.S.), Sumitomo Chemical Co., Ltd (Japan), Monsanto Company (U.S.), Syngenta AG (Switzerland), Bayer CropScience AG (Germany), and Koppert B.V. (The Netherlands).
In terms of insights, this research report has focused on various levels of analyses-industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global Agricultural Microbials Market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
Browse related reports:
Agricultural Fumigants Market by Type (Methyl Bromide, Phosphine, Chloropicrin, Metam Sodium, 1, 3-Dichloropropene), Application (Soil and Warehouse), Form (Gas, Solid, Liquid), and by Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/agricultural-fumigant-market-87798928.html
Agricultural Inoculants Market by Type (Plant Growth-promoting Microorganisms, Bio-control Agents, Plant Resistance Stimulants), Source (Bacterial, Fungal & Others), Mode of Application, Crop Type, and by Region - Global Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/agricultural-inoculants-market-152735696.html
About MarketsandMarkets
MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
+1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/agriculture-industry
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarkets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article