Agricultural Biological Market, By Product Type (Biopesticides, Biofertilizers, Biostimulants), By Mode of Application (Soil Treatment, Seed Treatment, Foliar Spray), By Application (Cereals & Grains, Oil Seed &Pulses, Fruits &Vegetables, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Mar 2024

Code : CMI1029

Pages :120

Formats :

Excel and PDF

Industry : Agrochemicals

Regional Analysis

Agricultural Biological Market Regional Insights

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North America has established itself as the dominant market for agricultural biologicals over the years and is estimated to account for 41.1% share in 2024. The size and maturity of the agricultural sector in the region is the prime reason for its prominence. Farmers in the U.S. and Canada have widely adopted biological products for pest and disease management. These display high dependence on crop protection tools to ensure maximum yields. Moreover, the presence of top agrochemical players with strong distribution networks has popularized these solutions. Trade agreements like NAFTA have further eased cross-border commerce, aiding accessibility.

Asia Pacific is emerging as the agricultural biological market with the fastest pace of gains going forward. Several factors contribute to its rapid growth trajectory. The vast arable land available across countries makes agriculture a prominent economic contributor. With growing production to feed rising populations, the need to prevent crop losses using eco-friendly means has increased.