Agriculture Biologicals Testing Market Size, Share, Opportunities, And Trends By Product (Biopesticides, Biofertilizers, Biostimulants, Others), By Application (Field Support, Regulatory, Analytical, Others), And By Geography - Forecasts From 2023 To 2028

Agriculture biologicals refer to a broad category of products that promote soil fertility, biological activity, and plant development. They include biostimulants, such as composts & compost teas, humates, manures, and biochar, as well as microbial inocula, which stimulate microbial growth. These inputs can also serve as the foundation of organic farming systems, although they are frequently utilized to lower the usage of conventional chemical fertilizers, pesticides, and agrochemicals.

The high demand for chemical-free, sustainable, and eco-friendly agricultural inputs is propelling the demand for the agriculture biological testing market. Consumer shift towards organic farming along with rising health awareness leading to growing consumption of organic food products is also spurring market demand. Favourable government policies & initiatives to boost the production of agriculture biologicals and rising agriculture investment are also positively contributing towards the growth of the agriculture biological testing market. According to the analysis region like North America and Europe are anticipated to hold a significant market share during the projection period. 

However,  high implementation costs and a lack of knowledge and technical experts are likely to obstruct the growth of the global market for agriculture biological testing during the projection period. Market players benefit from continuous product innovation, launches, organic fertilizer demand, and progress in agriculture technology.

During the anticipation period, various government policies and initiatives to boost the production of biologicals will support the growth of the global agriculture biological testing market.

In November 2019, the Indian Government promoted the use of bio-fertilizers rather than chemical fertilizers through several schemes and programs, including the Paramparagat Krishi Vikas Yojana, Mission Organic Value Chain Development for North Eastern Region, National Mission on Oilseeds and Oil Palm, and National Food Security Mission. Improved and efficient biofertilizer strains developed by ICAR as part of the "Network project on soil biodiversity-bio fertilizers" are suited to different crops and soil types.

In the summer of 2022, the U.S. Department of Agriculture will make US$500 million available through a new grant program to support American biofertilizer production that is independent, creative, and sustainable. This will help American farmers who can benefit from advancements in biotechnology and biomanufacturing.

The use of biostimulants in the agriculture industry is high in demand.

The biostimulants market share is estimated to be substantial during the analysis period. Increasing adoption of organic and sustainable farming practices is driving significant growth in this segment. Biostimulants are used extensively in organic framing as they are biodegradable and eco-friendly. According to the latest USDA stats, the organic product sales in the USA were US$11.2 billion in 2021, up US$1.28 billion, over 2019 with 17,445 certified organic farms. According to the FiBL study on global organic agriculture, it was revealed that organic farmland rose by 1.1 million hectares and organic retail sales kept increasing.

During the forecast period, Europe is anticipated to hold a significant share of the global agriculture biological testing market.

The European region is anticipated to hold a substantial market share in agriculture biological testing. This region will experience rapid expansion throughout the projection period due to the growing demand for sustainable and organic agriculture practices. According to the latest data from EUROSTAT, studies show that around 14.7 million hectares, or 9.1 percent of total agricultural land in the EU were used for organic farming in 2020. Compared to 2012, when 9.5 million hectares were utilized for organic agriculture production, which further indicates a significant increase. This region's market is also expanding as a result of favorable government and regulatory policies boosting the production and adoption of agricultural biologicals. They are becoming more popular among farmers in this region as a result of the adoption of novel farming techniques such as precision farming thereby fueling regional market expansion. In addition, the prevalence of key market players such as  Bayer CropScience, Marrone Bio Innovations Inc., and others also spur the growth of agriculture biological testing in this region.

Market Key Developments

• In March 2023, Bayer and the agricultural biotech firm Oerth Bio launched a new partnership to create the crop protection solutions of the future that are more environmentally friendly. Oerth Bio's proprietary protein degradation technology has the potential to produce goods that help Bayer achieve its sustainability goal of reducing the environmental effect of agriculture through lower application rates and better safety profiles.
• In March 2023, Bayer and Kimitec unveiled a new strategic alliance intended to hasten the creation and marketization of biological crop protection products and biostimulants. In accordance with a worldwide agreement, both businesses will work closely together to improve and create biological solutions generated from natural sources, such as crop protection products that deal with weeds, pests, and diseases as well as biostimulants that encourage plant growth.

Segmentation:

• By Product
  • Biopesticides
  •  Biofertilizers
  • Biostimulants
  • Others
• By Application
  • Field Support
  • Regulatory
  • Analytical
  • Others

By Geography

• • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others