FORT WORTH, Texas, May 15, 2015 /PRNewswire/ --
The North America agriculture biologicals market report defines and segments the agriculture biologicals market in North America with analysis and forecast of revenue. The agriculture biologicals market in North America is estimated to grow from around $1,409.07 million in 2014 to $2,758.24 million by 2019, at a CAGR of 14.4% from 2014 to 2019.
Browse through the TOC of the North America agriculture biologicals market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North America agriculture biologicals market, and is supported by various tables and figures.
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The population increase has resulted in increase in demand for qualitative food. Population and income are growing in tandem, and according to the United Nation's Food and Agriculture Organization, the world will have more than 9 billion people within 40 years. North American population increase as well as increasing awareness about qualitative food is resulting in increasing pressure on agricultural production. Thus, environment-friendly agricultural biological products, such as biopesticides, biofertilizers and biostimulants, which affect the plant development process, are expected to witness growth in coming years.
The U.S. is a major market with the highest market share in the North America region. It constitutes 76.47% of market share and has important market for global agriculture biologicals producers. The market for organic products is growing at a substantial rate due to increasing consumer interest. The main reasons for the increased demand in the organic food market are growth in the number of health conscious individuals, increasing concern about the environment, and support provided by the government. U.S. Department of Agriculture (U.S.) is supporting farmers to shift from traditional farming to organic farming.
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The agriculture biologicals market is segmented and projected on the basis of application: cereals & grains, fruits & vegetables and rest (crops). The study has been conducted to explore the types of agriculture biologicals viz. biopesticides, biostimulants, and biofertilizers. The market is further segmented and forecast on the basis of major countries, such as the U.S., Canada, and Mexico.
This report also comprises market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of key players in the North America agriculture biologicals market.
The Global Agricultural Biologicals Market is estimated to grow at a CAGR of 14.6% in the forecast period. Agricultural biologicals present a new mode of action for weeds, mildew, other insects, and protect plants from these. The usage of agricultural biologicals assists farmers in maximizing yield and reducing plant stress, thereby increasing plant productivity.
MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Agriculture industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Agriculture industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.
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