Agricultural Biologicals Market is expected to reach US$ 39.3 billion by 2030

Agricultural Biologicals Market Size 

The Global Agricultural Biologicals Market reached US$ 13.6 billion in 2022 and is expected to reach US$ 39.3 billion by 2030 and is expected to grow with a CAGR of 14.2% during the forecast period 2023-2030.  

Agricultural biologicals, also known as biopesticides or biofertilizers, constitute a category of products used in agriculture that originates from living organisms, including plants, microorganisms, and beneficial insects. These biologicals serve as an alternative or complementary approach to conventional chemical-based pesticides and fertilizers.  

An example of this approach is evident in Bayer, a prominent agricultural innovations company, which utilizes a vast collection of over 125,000 microbial strains, leveraging genetic diversity to develop new and beneficial products for farmers on a global scale. 

One distinguishing feature of agricultural biologicals is their often-reduced toxicity and shorter persistence in the environment, resulting in less pollution and lower risks to non-target organisms. The growing consumer demand for pesticide residue-free produce and a commitment to sustainable agricultural practices have fueled an increased adoption of biopesticides.  

Notably, the World Health Organization reports the use of over 1000 pesticides worldwide to safeguard food from damage or destruction by pests. Each pesticide varies in properties and toxicological effects, highlighting the need for alternative, environmentally friendly solutions in agriculture. 

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Agricultural Biologicals Market Trends 

The market for agricultural biologicals is expected to experience growth, driven by an increasing demand for eco-friendly and organic products. Consumers are becoming more aware of the environmental and health impacts associated with conventional agricultural practices. This heightened awareness has led to a growing preference for products produced using sustainable methods with minimal pesticide residues. Consequently, there is a surge in demand for agricultural biologicals, which offer an eco-friendly alternative to traditional agricultural inputs. 

The global organic food market has witnessed steady expansion, reflecting the shift in consumer preferences. According to the International Federation of Organic Agriculture Movements (IFOAM), the global organic market reached approximately $105 billion in 2020. This substantial growth underscores the rising consumer demand for organic products, which often rely on agricultural biologicals for pest management and nutrient supplementation. As the demand for eco-friendly and organic options continues to rise, the market for agricultural biologicals is expected to see further growth. 

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Market Segmentation 

By Type 

• Biopesticides 
• Biofertilizers 
• Biostimulants 

By Source 

• Microbials 
• Biochemicals 

By Mode of Application 

• Foliar Spray 
• Soil Treatment 
• Seed Treatment 

By Application 

• Cereals & Grains 
• Oilseeds & Pulses 
• Fruits & Vegetables 

Market Key Players 

Major players are Monsanto Company, BASF SE, Arysta LifeScience Limited, Bayer AG, Valagro SpA, Syngenta AG, Koppert B.V., Certis USA, Agrinos AS, and DowDuPont Inc.

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