Agricultural Inoculants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Agricultural Inoculants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • June 2021 •
  • 146 pages •
  • Report ID: 5878790 •
  • Format: PDF
The global agricultural inoculants market exhibited moderate growth during 2015-2020.

An agricultural inoculant, or soil inoculant, is a formulation of various microbial organisms, such as bacteria, fungi, protozoa, virus and algae, that are used to promote plant growth. It is either applied on the seed or added into the soil to improve plant nutrition, crop yield and prevent soil-borne diseases. It is also utilized to promote growth in plants by stimulating the production of plant hormones and enhancing mineral uptake. Inoculants are environment-friendly and can be used as a potential alternative to chemical fertilizers and pesticides for cereals, grains, oilseeds, fruits, vegetables and silage and forage crops.

The growing agriculture industry, along with the increasing adoption of organic farming practices, represent as the key factors driving the market growth. Owing to the growing concerns for agricultural sustainability, soil health and environmental safety, agricultural inoculants are rapidly being used along with organic manure to improve soil fertility and plant health. Furthermore, increasing consumer awareness regarding adverse effects of chemically synthesized fertilizers and pesticides is also providing a boost to the market growth. The artificial additives are known to cause microbial imbalance, soil pollution and reduce the levels of biocontrol agents in the soil. As a result, there is a growing preference for agricultural inoculants that provide natural protection to the plants and soil. Additionally, the rising demand for food as a result of the increasing population, coupled with the limited availability of cultivable land, is another factor favoring the market growth. Agricultural inoculants aid in increasing crop yield, thus meeting the steadily rising food demand across the globe. Other factors, including various innovations in the field of agricultural sciences and the implementation of favorable government policies, are projected to drive the market further. Looking forward, the analyst expects the global agricultural inoculants market to grow at a CAGR of 7.6% during 2021-2026.

Breakup by Type:
Plant Growth Promoting Microorganisms
Bio-Control Agents
Plant-Resistant Stimulants
Others

Breakup by Microbes:
Bacteria
Rhizobacteria
Nitrogen-fixing Bacteria
Phosphate-solubilizing Bacteria
Others
Fungi
Trichoderma Spp.
Mycorrhiza
Others
Others

Breakup by Mode of Application:
Seed Inoculation
Soil Inoculation
Others

Breakup by Form:
Solid
Liquid
Granular
Others

Breakup by Crop Type:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Argentina
Columbia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Advanced Biological Marketing Inc., BASF SE, Dow Chemical Company, Bayer Crop Science, Brettyoung, Novozymes A/S, Verdesian Life Sciences LLC, XiteBio Technologies Inc., Precision Laboratories LLC, etc.

Key Questions Answered in This Report:
How has the global agricultural inoculants market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global agricultural inoculants market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the microbes?
What is the breakup of the market based on the mode of application?
What is the breakup of the market based on the form?
What is the breakup of the market based on the crop type?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global agricultural inoculants market and who are the key players?
What is the degree of competition in the market?