Market Overview:
The global agricultural inoculant market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for food due to the growing population and rising income levels in developing countries. In addition, the increasing awareness about the benefits of using agricultural inoculants among farmers is also contributing to the growth of this market. The global agricultural inoculant market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into active bacteria ≥ 5—108cfu/ml and active bacteria ≥ 2—108cfu/g. Active bacteria ≥ 5—108cfu/ml are more popular among farmers as they provide better results as compared to active bacteria ≥ 2—108cfu/g. On the basis of application, it can be classified into soybean, cereals, other crops such as fruits & vegetables, and horticulture crops. Soybean dominates this market owing to its high demand across different geographies followed by cereals due with their widespread use in various regions worldwide.
Product Definition:
An agricultural inoculant is a substance that is applied to seeds or plants in order to promote the growth of beneficial microorganisms. Inoculants can be used to improve the health of soil, increase crop yields, and protect plants from disease.
Active Bacteria ≥ 5—108cfu/ml:
Active bacteria 5 108 cfu/ml, it's usage.
The global active bacteria 5108 cfu/ml, it's usage and growth factor in agricultural inoculant market size was valued at USD 5.0 million in 2015.
Active Bacteria ≥ 2—108cfu/g:
Active bacteria is the live bacterial count in a gram of soil, water or compost sample. The number is usually determined by counting the number of actively growing bacteria with a microscope and can be used to evaluate soil quality for plant growth.
The most common method to determine active bacteria is by plating onto nutrient agar medium and determining the CFU (colony forming units) after incubation at 37 degree Celsius for 3-4 days.
Application Insights:
Soybean application dominated the global market with a revenue share of over 35.0% in 2017. The product is widely used to inoculate soybean seeds as it provides protection against fungal, bacterial and viral infections. Inoculants provide better yield and increase the nutritional value of the harvested crops as compared to non-inoculated soybean plants.
Cereals are expected to be one of the fastest growing application segments owing to its high nutritional content, including proteins, fibers, vitamins and minerals that are beneficial for human health.
Regional Analysis:
Asia Pacific dominated the global agricultural inoculant market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing investments in agriculture and livestock industries. Furthermore, favorable government policies promoting industrialization and economic development are anticipated to drive demand for inoculants over the coming years.
The Asia Pacific was followed by North America with a revenue share of 22% in 2017 on account of high adoption rate of technologically advanced products along with presence of major manufacturers such as BASF SE, Syngenta International Inc., and Monsanto Company.
Growth Factors:
- Increasing demand for organic food: The global market for organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth can be attributed to the increasing awareness about the benefits of organic food among consumers. Agricultural inoculant helps in improving the quality and yield of organically grown crops, thereby driving its demand.
- Rising population and urbanization: The world population is expected to reach 9 billion by 2050, which will lead to an increase in the demand for food. At the same time, there is a shift in population from rural areas to cities, leading to an increased demand for processed foods. Agricultural inoculant helps improve crop yields and quality, making it suitable for use in processed foods products.
- Technological advancements: Agricultural inoculant manufacturers are focusing on developing new products that can meet the specific needs of different crops and regions around the world. This has led to technological advancements in agricultural inoculants such as nano-scale delivery systems that help improve uptake by plants and reduce wastage rates.. These innovations are likelyto drivethe growth of this market overthe next few years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Agricultural Inoculant Market Research Report
By Type
Active Bacteria ≥ 5×108cfu/ml, Active Bacteria ≥ 2×108cfu/g
By Application
Soybean, Cereals, Other
By Companies
BASF, Novozymes, Dupont, BAYER, Verdesian Life Sciences, Stoller, BioSoja, Calister S. A, Leading Bio-Agri, ABM, BASF, Microquimica, KALO, Hua Long Technical, Syngenta, Rizobacter, Mycorrhizal, Groundwork BioAg
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Agricultural Inoculant Market Report Segments:
The global Agricultural Inoculant market is segmented on the basis of:
Types
Active Bacteria ≥ 5×108cfu/ml, Active Bacteria ≥ 2×108cfu/g
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Soybean, Cereals, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Novozymes
- Dupont
- BAYER
- Verdesian Life Sciences
- Stoller
- BioSoja
- Calister S. A
- Leading Bio-Agri
- ABM
- BASF
- Microquimica
- KALO
- Hua Long Technical
- Syngenta
- Rizobacter
- Mycorrhizal
- Groundwork BioAg
Highlights of The Agricultural Inoculant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Active Bacteria ≥ 5×108cfu/ml
- Active Bacteria ≥ 2×108cfu/g
- By Application:
- Soybean
- Cereals
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agricultural Inoculant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agricultural inoculant is a product that helps to improve the growth of crops. It is used in conjunction with other agricultural practices, such as fertilizers and pesticides, to help plants grow faster and healthier.
Some of the key players operating in the agricultural inoculant market are BASF, Novozymes, Dupont, BAYER, Verdesian Life Sciences, Stoller, BioSoja, Calister S. A, Leading Bio-Agri, ABM, BASF, Microquimica, KALO, Hua Long Technical, Syngenta, Rizobacter, Mycorrhizal, Groundwork BioAg.
The agricultural inoculant market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agricultural Inoculant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Agricultural Inoculant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agricultural Inoculant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Agricultural Inoculant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Agricultural Inoculant Market Size & Forecast, 2020-2028
4.5.1 Agricultural Inoculant Market Size and Y-o-Y Growth
4.5.2 Agricultural Inoculant Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Active Bacteria ≥ 5×108cfu/ml
5.2.2 Active Bacteria ≥ 2×108cfu/g
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Soybean
6.2.2 Cereals
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agricultural Inoculant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agricultural Inoculant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Active Bacteria ≥ 5×108cfu/ml
9.6.2 Active Bacteria ≥ 2×108cfu/g
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Soybean
9.10.2 Cereals
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Active Bacteria ≥ 5×108cfu/ml
10.6.2 Active Bacteria ≥ 2×108cfu/g
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Soybean
10.10.2 Cereals
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Active Bacteria ≥ 5×108cfu/ml
11.6.2 Active Bacteria ≥ 2×108cfu/g
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Soybean
11.10.2 Cereals
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Active Bacteria ≥ 5×108cfu/ml
12.6.2 Active Bacteria ≥ 2×108cfu/g
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Soybean
12.10.2 Cereals
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Active Bacteria ≥ 5×108cfu/ml
13.6.2 Active Bacteria ≥ 2×108cfu/g
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Soybean
13.10.2 Cereals
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agricultural Inoculant Market: Competitive Dashboard
14.2 Global Agricultural Inoculant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Novozymes
14.3.3 Dupont
14.3.4 BAYER
14.3.5 Verdesian Life Sciences
14.3.6 Stoller
14.3.7 BioSoja
14.3.8 Calister S. A
14.3.9 Leading Bio-Agri
14.3.10 ABM
14.3.11 BASF
14.3.12 Microquimica
14.3.13 KALO
14.3.14 Hua Long Technical
14.3.15 Syngenta
14.3.16 Rizobacter
14.3.17 Mycorrhizal
14.3.18 Groundwork BioAg
