Agricultural Microbes Market by Type, Function (Soil Improvement and Crop Protection), Crop Type (Cereals and Grains, Oilseeds and Legumes, Fruits and Vegetables), Type of Application, Formulation and Region – Global Forecast to 2027
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Northbrook, IL 60062 – (SBWIRE) – 11/17/2022 – According to a research report “Agricultural Microbes Market by Type, Function (Soil Improvement and Crop Protection), Crop Type (Cereals & Grains, Oilseeds & Legumes, Fruits & Vegetables), Mode of Application, Formulation, and Region – Global Forecast to 2027, published by MarketsandMarkets, the global agricultural microbes market is estimated to be worth US$6.4 billion in 2022 at a CAGR of 14.6% over the forecast period. The global agricultural microbes market has been impacted by some of the macroeconomic and microeconomic factors that are observable in some key countries. This would prove strong enough to propel the market significantly over the forecast period in terms of value sales. With the decline in arable land per capita and the increasing demand and preference for fruits and vegetables in developing countries, the trend to invest in R&D activities to improve agricultural techniques has significantly increased the use of agricultural microbial products in the agricultural industry. The use of microbial biopesticides and biofertilizers in agriculture is gaining importance due to their potential to increase resilience and yields in agricultural systems. They improve nutrient uptake and pest resistance and are helpful in mitigating plant stress responses. The use of microbes is a key practice in sustainable agriculture and therefore important for achieving the “Sustainable Development Goals” formulated by the United Nations. Future growth of markets is expected to show tremendous scope for agricultural microbes and many key industry players have started field trials, the results of which have identified a 10-20% growth in the production of economically important crops.
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Syngenta AG is one of the world market leaders for crop protection products.
Syngenta AG is a wholly owned subsidiary of China National Agrochemical Corporation (CNAC) Saturn (NL) BV, a private company incorporated in the Netherlands. The Company operates through two segments: Crop Protection and Seeds. Syngenta offers agricultural microbes through its Crop Protection business segment. Through this segment, the Company provides selective herbicides, non-selective herbicides, fungicides, insecticides, seed care, controls and other crop protection products and seed segments consisting of field crops, vegetables and flowers.
Switzerland, the UK, the US and China are home to Syngenta’s main manufacturing, research and development sites. Syngenta has major research laboratories in Stein, Switzerland and Jealott’s Hill, UK dedicated to the identification of novel active chemicals. Syngenta’s main agricultural genomics and biotechnology research facility is located in the United States.
With operations in more than 100 countries, Syngenta has a strong global presence to transform the way crops are grown and protected. The Company’s Crop Protection segment saw a significant increase in sales due to recovery and growth in the Brazilian market as well as new product launches in EMEA and the US. In addition, ChemChina (China) raised 98% of Syngenta’s share capital through the purchase of Syngenta shares. This transaction can be seen as a strategic move by Syngenta to enter the agricultural market in China, which has shown growth in sustainable agricultural practices. Increased awareness of food safety and quality, and growers’ willingness to invest more for higher yields and quality, has provided Syngenta AG with a platform to expand its customer base in China.
Demand for organic food crops and phasing out of key chemical agents is driving the growth of agricultural microbes market due to the associated health benefits.
Agricultural microbes are biological control tools used to kill target pests with applications on a wide variety of crops. They can function either as parasites, predators, or natural insecticides/fungicides. There has been increasing awareness of the harmful effects of chemical pesticides, which are responsible for large-scale environmental pollution, serious health hazards, secondary pest outbreaks, target pest resistance and biodiversity loss. Therefore, biologics have gained tremendous demand in the market.
Based on crop type, the agricultural microbes market is segmented into Cereals & Grains, Oilseeds & Legumes, Fruits & Vegetables, and Other Crops. In addition, different crops have been included in different categories to highlight crop-specific pests.
In recent years, crop yields have been significantly affected, directly or indirectly, by insect pests and mites. Direct damage can cause holes in plant parts, and damage is compounded by bacterial and viral rot. Some of the damage caused to plants are leaf ingestion by cabbage-by-cabbage grabbers and leaf damage by aphids and planthoppers. Indirectly, the insects/fungus can also cause damage through the transmission of plant viruses. This damage can reduce plant vigour, reducing marketability without any visible signs that the insect has been fed. Thrips spoil the appearance of fruit and vegetables and reduce their market value. The effect threshold can vary with the developmental stage of the plant at the time of infestation. Likewise, the threshold for indirect damage from pests is extremely low when the pests can transmit pathogens. Therefore, insect control action is taken based on the severity of the damage, the value of the crop, and the end use of the crop.
Crops such as ornamentals, fruits and vegetables are marketed based on their appearance. With the developing market there is a demand for clean and healthy looking food crops which has led to an increased demand for agricultural microbes as an integral part of crop production.
Seed treatment with biopesticides helps protect against soil-borne pests such as white maggots and weevils.
In seed treatment, seeds are treated/coated directly with biopesticide prior to planting. This method minimizes worker exposure to chemicals and potential runoff into waterways, while reducing the overall number of pesticides used in the environment. It effectively protects the seed and seedling from mild to moderate pest infestation during emergence and establishment. The treatment creates a layer over the surface of the germinating seed to protect the crop from insects. Seed treatment targets a specific pest without harming the beneficial organisms and minimizes the need for foliar spray.
Many countries encourage the use of organic seed treatment methods to promote sustainable methods of pest control. New Zealand launched the Next Generation Bioinsecticides program in 2012 to find new, safe and sustainable solutions to New Zealand’s key pest and disease problems. As part of the same program, microbial treatments of wheat seeds on commercial farms in Canterbury were tested for their ability to protect seedlings from grass maggot attack. It was found that seeds treated with insecticidal bacteria resulted in higher yields than untreated seeds where grassworm was present. Such benefits of using seed treatment are expected to fuel the growth of this segment.
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North America is expected to reach US$4.3 billion during the forecast period.
North America is a major exporter of agricultural products. Factors such as organic farming growth, water and land availability, as well as entrepreneurial farmers and efficient infrastructure are the key competitive advantages for the North American market.
The Agricultural Improvement Act was enacted in the region in 2018, under which the government established permanent funding for organic research and made efforts to improve organic trade. Agricultural practices that use biofertilizers and biopesticides are increasing significantly in the Canadian region, despite the decline in total arable land.
Major players in this market include FMC Corporation (USA), Corteva Agriscience (USA), Marrone Bio Innovations (USA), Valent Biosciences (USA).
Agricultural Biologics Market by Function, Product Type (Microbes, Macrobes, Semiochemicals, Natural Products), Application Type (Foliar Spray, Soil and Seed Treatment), Crop Type and Region – Global Forecast to 2027
Biopesticides Market by Type (Bioinsecticides, Biofungicides, Bionematicides and Bioherbicides), Source (Microbes, Biochemicals and Beneficial Insects), Type of Application, Formulation (Dry, Liquid), Plant Type and Region – Global Forecast to 2027
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Mr Aashish Mehra
630 Dundee Street
Northbrook, Il 60062
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