Agricultural biologicals market includes an eco-friendly farming process involving crop rotation and recycling of animal manure, green manure and crop residues. Agricultural biologicals are products obtained from organic matter such as plant extracts and naturally occurring microorganisms, employed to enhance the crop productivity and improving the crop health.
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The natural products used in agricultural biologicals complement or replace traditional fertilizers and chemicals that would help in reducing the environmental impact of synthetic pesticides.
Microbes are a type of agricultural biologicals derived from microorganisms such as bacteria and fungi. These microbes protect the crops from pests and diseases and also enhance the productivity and fertility of plants. Microbes are categorized into biocontrol, biofertility, and bioyield enhancers.
Agricultural biologicals, being eco-friendly and chemical-free, are the preferred choice for boosting soil fertility by nitrogen fixation, enhancing crop yield and dissolving the insoluble soil phosphates. This is due to the growing population that has significantly affected the ecological base of agriculture.
The global market for agricultural biologicals is expected to rise during the forecast period (2017-2023) on account of increasing shift in consumer preferences from chemical/synthetic-based farming to organic farming techniques
Lack of awareness towards bio-based agricultural products and the low adoption rate of biopesticides are the major restraints faced by the global agricultural biologicals market.
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The key players operating in the global agricultural biologicals market include Syngenta AG, The Dow Chemical Company, BASF SE, Bayer AG, Isagro S.p.A., Novozymes A/S, T. Stanes & Company Ltd, Marrone Bio Innovations, Arysta LifeScience Corporation, and Certis USA L.L.C.
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Created on May 16th 2018 02:42. Viewed 420 times.
