Europe Agricultural Biologicals Market Size, Share, and COVID-19 Impact Analysis, By Type (Biopesticides, Biofertilizers, Biostimulants), By Source (Microbials, Biochemicals, Others), By Mode of Application (Foliar Spray, Soil Treatment, Seed Treatment, Post-harvest), By Country (Germany, UK, France, Italy, Spain, Russia, Rest of Europe), and Europe Agricultural Biologicals Market Insights Forecast to 2033
Industry: AgricultureEurope Agricultural Biologicals Market Insights Forecasts to 2033
- The Europe Agricultural Biologicals Market Size was valued at USD 6.546 Billion in 2023
- The Market Size is Growing at a CAGR of 4.68% from 2023 to 2033.
- The Europe Agricultural Biologicals Market Size is Expected to Reach USD 10.346 Billion by 2033.
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The Europe Agricultural Biologicals Market size is expected to reach USD 10.346 Billion by 2033, at a CAGR of 4.68% during the forecast period 2023 to 2033.
Market Overview
Agricultural biologicals are agricultural inputs derived from natural sources, including microorganisms, plants, and organic materials. They are used in farming to improve crop growth, protect plants from pests and diseases, and increase agricultural sustainability. Unlike traditional chemical pesticides and fertilizers, agricultural biologicals use nature's power to promote healthier, more resilient crops. These biological products include biopesticides, which use non-toxic mechanisms to control pests and diseases, and also bio-stimulants, which promote plant growth and development. Agricultural biologicals have recently gained popularity due to their environmental friendliness, low chemical residue, and compatibility with organic farming practices. The growing emphasis on sustainable agriculture practices and reduced chemical use will drive the Europe agricultural biologicals market during the forecast period. Furthermore, the growing demand for organic and non-GMO food products is driving Europe agricultural biologicals market expansion, as these products frequently necessitate natural and biologically-based pest control and nutrient enhancement. Aside from that, numerous advances in biotechnology and microbiology, such as the development of novel agricultural biological products that provide more efficient and targeted solutions for crop protection and yield improvement, have boosted Europe agricultural biological market growth.
Report Coverage
This research report categorizes the market for the Europe agricultural biologicals market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Europe agricultural biologicals market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Europe agricultural biologicals market.
Europe Agricultural Biologicals Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 6.546 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 4.68% |
2033 Value Projection: | USD 10.346 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 115 |
Segments covered: | By Type, By Source, By Mode of Application, By Country |
Companies covered:: | BASF SE, Bayer AG, Evogene Ltd., Stockton Bio-AG, Biolchim S.P.A., Isagro S.P.A., Syngenta Crop Protection AG, and other key companies. |
Pitfalls & Challenges: | Covid-19 Empact,Challenges,Growth, Analysis. |
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Driving Factors
The increased adoption of organic farming methods, in addition to the expansion of organic cultivation land, is expected to have a positive impact on the growth of Europe agricultural biologicals market. The growing demand for organic fruits and vegetables has resulted in a significant increase in the use of biocontrol products, boosting the Europe agricultural biologicals market. Furthermore, government initiatives to promote organic farming are driving the Europe agricultural biologicals market's growth. This growing awareness and commitment to sustainability is driving the adoption of agricultural biologicals as an essential part of modern agriculture. In addition, the agricultural biologicals market benefits significantly from ongoing advances in biotechnology and microbiology. These scientific advances have resulted in the creation of highly effective and targeted agricultural biological products.
Restraining Factors
One of the most significant challenges in the agricultural biological market is the cost factor. The production of agricultural biologicals frequently involves complex processes, resulting in higher production costs. Furthermore, these products have limited scalability when compared to synthetic chemicals. In addition to being more difficult to use than traditional pesticides, biopesticides may necessitate greater technical knowledge from consumers. Furthermore, compared to chemical pesticides, agricultural biologicals, such as bio-pesticides, are more susceptible to adverse environmental conditions.
Market Segment
- In 2023, the biofertilizers segment accounted for the largest revenue share over the forecast period.
Based on type, the Europe agricultural biologicals market are segmented into biopesticides, biofertilizers, and biostimulants. Among these, the biofertilizers segment has the largest revenue share over the forecast period. Biofertilizers are microbial products that improve soil fertility and plant nutrition. They contain beneficial bacteria, fungi, and other microorganisms that fix nitrogen, solubilize nutrients, and enhance plant nutrient uptake. Biofertilizers promote healthier soil and plant growth, which contributes to sustainable agriculture by reducing the need for synthetic fertilizers. This environmentally friendly approach to soil enrichment boosts the Europe agricultural biologicals market, which aligns with the growing demand for organic and sustainable farming practices.
- In 2023, the microbial segment is witnessing largest growth over the forecast period.
Based on source, the Europe agricultural biologicals market are segmented into microbials, biochemicals, and others. Among these, the microbials segment is witnessing the largest growth over the forecast period. Microbial, which include beneficial microorganisms such as bacteria, fungi, and algae, are used as agricultural biostimulants to increase crop growth and productivity. These microorganisms can be isolated from their natural environments or engineered to perform specific functions. They promote a sustainable and environmentally friendly approach to agriculture. Microbial biostimulants improve soil health, increase nutrient availability, and promote positive interactions between plants and microorganisms. Their ability to improve plant growth, nutrient uptake, and stress tolerance is highly valued by farmers looking for ways to improve yields while reducing agricultural environmental impact.
- In 2023, the foliar spray segment is witnessing the largest growth over the forecast period.
Based on the mode of application, the Europe agricultural biologicals market are segmented into foliar spray, soil treatment, seed treatment, and post-harvest. Among these, the foliar spray segment is witnessing the largest growth over the forecast period. Foliar spray is a farming technique in which a liquid solution, typically containing nutrients or bio-stimulants, is applied directly to a plant's leaves. It enables the rapid absorption of essential compounds via the plant's stomata, bypassing root uptake and delivering nutrients or biostimulants directly to where they are required. Foliar spray is an effective delivery mechanism for bio-stimulant products. In addition, these sprays can improve nutrient uptake, photosynthesis, and crop health and resilience. Foliar sprays containing bio-stimulants are a practical and effective solution for farmers looking to maximize crop yields, particularly in stressful environmental conditions.
- Germany is projected to have the largest share of the Europe agricultural biologicals market over the forecast period.
Based on country, Germany is projected to have the largest share of the Europe agricultural biologicals market over the forecast period. Germany is one of Europe's leading countries in terms of agricultural development. This solid foundation has allowed for widespread adoption and ongoing development of agricultural biologicals in the country. Recognizing the numerous benefits, German farmers are increasingly adopting environmentally friendly solutions to improve crop health and productivity. One of the primary driving forces behind Germany's preference for agricultural biologicals is its unwavering commitment to sustainability. The country, known for its strict environmental standards, has emerged as a pioneer in promoting organic farming and advocating for sustainable agricultural practices.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Europe agricultural biologicals market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- BASF SE
- Bayer AG
- Evogene Ltd.
- Stockton Bio-AG
- Biolchim S.P.A.
- Isagro S.P.A.
- Syngenta Crop Protection AG
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Europe Agricultural Biologicals Market based on the below-mentioned segments:
Europe Agricultural Biologicals Market, By Type
- Biopesticides
- Biofertilizers
- Bio stimulants
Europe Agricultural Biologicals Market, By Source
- Microbials
- Biochemicals
- Others
Europe Agricultural Biologicals Market, By Mode of Application
- Foliar Spray
- Soil Treatment
- Seed Treatment
- Post-harvest
Europe Agricultural Biologicals Market, By Country
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
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