Key trends in the agricultural organic products market worth $ 18.5 billion by 2026
CHICAGO, December 10, 2021 / PRNewswire / – According to the report, the “Main market trends for agricultural organic products by organic agricultural products, biocontrols, biofungicides, bioinsecticides, bionematicides, biostimulants, biofertilizers, inoculants, pheromones, biological seed treatment – Global forecasts until 2026”, published by MarketsandMarkets ™, the market for agricultural organics is expected to grow at a CAGR of 11.9% from an estimated value of $ 10.6 billion in 2021 to reach $ 18.5 billion by 2026 The market is driven by factors such as increased awareness of organic food, growing concerns about the dangers of using chemicals, demand for high value crops, and increased awareness of organic food levels. residues in food, and a favorable regulatory framework for the application of Agricultural organic products are among the main drivers of the growth of the agricultural organic products market.
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Bionematicides are estimated to be the most important market trend among the major trends in the agricultural biologics market.
Bionematicides are the fastest growing trend in the agricultural biologics market. Nematodes cause heavy infestation of plant parts such as roots, causing heavy crop losses every year. The major challenge is to feed the growing population and ensure food security. It does not kill the plant but hinders its growth, which is why bionematicides are gaining in importance around the world. Growing concerns for the application of crop protection chemicals and phasing out of the main active ingredients used to control nematodes are some of the major drivers for the growth of the bionematicides market.
Bioinsecticides are estimated to be the second most important market trend in the agricultural organics market.
Bioinsecticides are expected to rank second, in terms of fastest growing trends, during the forecast period 2021 to 2026. Growing awareness of technology in agriculture, high value crops and the increase in the level of pest attacks due to various factors are the major drivers for the growth of the bioinsecticides market. Various high-value crops such as corn, soybeans, potatoes and tomatoes are heavily infested with insects. Therefore, bioinsecticides are in high demand in all regions, especially in North America. Bioinsecticides are widely adopted in North America due to the strong awareness of the growing concerns regarding the application of pesticides and the increase in organic farming areas, which are also stimulating the bioinsecticides market in this region.
Browse the table of contents in depth on “Main market trends for organic agricultural products“
66 – Tables
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Significant competition to capitalize on the market potential among international manufacturers in the Europe and the American regions.
The need to maintain a minimum residual level in food products and the high growth prospects for organic food have boosted the market for agricultural organic products in these regions. Developed countries adopt modern agricultural practices and have strict regulations to limit excessive agrochemical applications. Consequently, the markets of Europe and North America are influenced by these engines. Awareness regarding the sustainable benefits of organic products has fostered growth in developing countries such as Asia Pacific and South America.
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This report includes a study of marketing and development strategies, as well as the product portfolio of major companies. These companies include BASF SE (Germany), Bayer AG (Germany), UPL (India), Marrone Bio Innovations (United States), Corteva AgriSciences (United States), Valent BioSciences (United States), Koppert Biological Systems (Netherlands), and Certis United States LLC (US), which are among the well established and financially stable players who have been operating in the industry for several years. Other players include Valagro SPA (Italy), Syngenta SA (Switzerland), Stockton Bio-AG (Israel), Valent BioSciences (United States) and Rizobacter (Argentina), among others.
Biofertilizers market by form (liquid, carrier-based), mode of application (soil treatment, seed treatment), type (nitrogen fixation, solubilization and mobilization of phosphates, solubilization and mobilization of potash), type of crop and region – Global forecast to 2026
Biostimulant market by active ingredients (humic substances, algae extracts, microbial amendments, amino acids), method of application (foliage, soil treatment, seed treatment), form (liquid and dry), type of crop and by region – Forecast worldwide until 2026
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