A novel report on the global Agricultural Inoculants Market is recently published by Reports and Data to offer a comprehensive analysis of the industry. The report offers in depth information about market size, revenue growth, key drivers, restraints, limitations along with top companies operating in the market. The report provides precise information about various segments and regional bifurcation. The report also sheds light on the competitive landscape of the global Agricultural Inoculants market along with each market player, their financial status, global position, license agreement, product and service portfolio and business expansion plans.
Agriculture is one the fastest growing industry across the globe due to increasing demand for good quality food and rapidly expanding global population. The agricultural sector is rapidly gaining traction over the recent years and is expected register significantly higher revenue CAGR over the forecast period. High revenue growth is attributed to factors such as technological advancements in the agricultural sector, increasing demand for organic products and fertilizers and rising adoption of advanced techniques and products to increase crop yield. In addition, increasing environmental concerns and water shortage around the globe, and increasing environmental awareness among consumers and farmers, and rising adoption of smart and precision farming are fueling market growth.
Increasing investments in vertical farming, rising adoption of field mapping and high demand for drone farming and increasing investments and government funds to develop enhanced products to obtain better crop yield and efforts taken by public and private organizations to make farmers aware of the advanced techniques are expected to further fuel market growth going ahead.
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Competitive Landscape:
The global Agricultural Inoculants market is quite competitive and comprises key players operating at regional and global levels. Key players are focusing on adopting various strategies such as mergers and acquisitions, joint ventures, research and development investments, collaborations and partnerships to strengthen their market position and expand their product portfolio.
Companies profiled in the market report:
BASF (Germany), Bayer (Germany), Novozymes (Denmark), Verdesian Life Sciences (US), Advanced Biological Marketing Inc. (US), BrettYoung (US), Precision Laboratories, LLC (US), Queensland Agricultural Seeds Pty (Australia), XiteBio Technologies Inc. (Canada), Kemin Industries, Inc. (US), Provita Supplements GmbH (Germany), Cargill (US), and Archer Daniels Midland Company (US) are leading companies in the global agricultural inoculants market.
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Global Agricultural Inoculants market segmentation:
Type Outlook (Revenue, USD Billion; 2018 – 2028)
- Biocontrol Agents
- Plant Resistant Stimulant
- Plant Growth Promoting Microorganisms
Microbial Type Outlook (Revenue, USD Billion; 2018 – 2028)
- Bacteria
- Rhizobacteria
- Nitrogen Fixing
- Phosphate Solubilizing
- Others
- Fungi
- Trichoderma Spp.
- Mycorrhiza
- Others
Crop Type Outlook (Revenue, USD Billion; 2018 – 2028)
- Cereals Grains
- Oilseeds Pulses
- Fruits Vegetables
- Other Crop Types
Application Outlook (Revenue, USD Billion; 2018 – 2028)
- Seed Treatment
- Soil Treatment
Regional analysis covers:
- North America (US, Canada, Europe)
- Europe (Germany, UK, Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- Middle East and Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East and Africa)
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