Agricultural inoculants industry Research Report - A Latest Research Report to Share Market Insights and Dynamics – 2027
Overview
The agricultural inoculants market is set to grow at a CAGR of 9.5%
during the forecast period 2020 to 2026. As per the market research report, the
market will hit US$790.42 million in terms of valuation by the end of 2026. The
market growth will be driven by the growing demand for organic products. Based
on the research report, the promotion of organic farming by government
authorities will accelerate growth in the market till 2026. Although automation
in industries will have a negative impact on the global agricultural inoculants
market’s growth during this period. Technological developments are predicted to
be a key challenge which could become a strong threat from 2020 to 2026 to
companies. The market report published by expert analysts includes primary and
secondary data and suggests that mode of application, type, and crop type
segments are anticipated to witness tremendous growth till 2026. Factors such
as the elevated preference for organic foodstuff will become key growth drivers
during the forecast period and advancing organic farming schemes and practices
is also said to be supporting the market globally, however, the growth
projected for the forecast period could be affected by consumers’ growing
inclination towards convenience which could negatively affect activities taking
place across the market. The growing application areas are another challenge
the market could face till 2026.
Market Segmentation
The agricultural
inoculants Industry is segregated into different market segments based on
mode of application, type, and crop type. For a comprehensive analysis of the
market, the mode of application, type, and crop type segments are further split
into smaller segments. The type segment is categorized into bacterial
inoculants {azotobacter, lactobacillus, pseudomonas, rhizobacteria, and
others}, fungal inoculants and others. Furthermore, based on application, the
global market is also segmented into seed inoculation, seed inoculation, and
others. Based on the market segmentation analysis, the report covers market
forecasts. On the basis of crop type, the global market is split into sub
segments including cereals & grains, fruits & vegetables, oilseeds
& pulses, and others.
Increasing adoption of organic farming practices will support the market growth
from 2020 to 2026. As per the market research report, the global market for
agricultural inoculants is anticipated to grow at a healthy rate across all the
mode of application, type, and crop type segments. However, the presence of
active threats such as the population growth could hamper the market growth.
Business activities across agricultural inoculants have also been examined and
studied by agricultural inoculants industry’s experienced analysts. The
agricultural inoculants market research report covers findings with predictions
and forecasts till 2026.
Access Report Details @ https://www.marketresearchfuture.com/reports/agricultural-inoculants-market-4491
Regional Overview
The agricultural inoculants market, with its product and service related
segments, is spread across the world. Agricultural inoculants based regional
markets are also covered in the market research report. The regional markets
are Asia-Pacific, Europe, North America, the Middle East and Africa and the
rest of the world. Opportunities to develop the agricultural inoculants market
are anticipated to be a major factor for growth across the agricultural
inoculants space during the forecast period. The regional market in North
America is classified as the United States, Mexico, Canada, and others. The
agricultural inoculants sector based regional markets in Europe are split into
Italy, Germany, France, and the United Kingdom. In the Asia Pacific region, the
agricultural inoculants market is segmented into China, India, Japan, and
others. Agricultural inoculants based businesses in these regional markets are
anticipated to grow due to concerns regarding side effects during the forecast
period 2020 to 2026. Although the market’s growth could be affected by the low
demand from developing countries. The analysts have also segmented markets of
the Middle East, Africa, and the rest of the world.
Competitive Landscape
Agricultural inoculants based organizations are profiled in the market research
report. The agricultural inoculants market along with companies and segments
have been studied. The analysis of agricultural inoculants based business is
also done to identify key challenges and strengths of these companies. The
global agricultural inoculants market research report covers SWOT analysis,
Porter’s Five Force analysis of major agricultural inoculants related
organizations. The strategy and other key details of these companies for the
forecast period 2020 to 2026 are covered in the report. The lack of awareness
is anticipated to support the market growth as the market is set to grow at a
CAGR of 9.5% and reach a value of US$790.42 million by 2026.
Market Research Future recognizes Corteva, Inc. (US), BASF SE (Germany), Bayer
AG (Germany), Novozymes A/S (Denmark), Brettyoung (Canada), Rizobacter
Argentina S.A. (Argentina), Italpollina S.p.A. (Italy), Advanced Biological
Marketing Inc. (US), Soil Technologies Corporation (US), and Verdesian Life
Sciences, LLC (US) as the Key Players in the Global Agricultural Inoculants
Market.
Industry News
Univar Solutions Inc., a leading chemical and component distributor and
supplier of value-added products, has expanded its seed biological as well as
fertility product offering with the addition of the new name. The sole provider
of Novozymes inoculants in Canada is NexusBioAg, a subsidiary of Univar
Solutions. NexusBioAg's already vast range of inoculants, nitrogen stabilisers,
and foliars for the Canadian agriculture industry is enhanced and expanded with
the inclusion of these groundbreaking inoculants. NexusBioAg is dedicated to
developing and introducing cutting-edge technologies that support the Canadian
farming sector and its farmers.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research
and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York
10013, United States of America
Comments
Post a Comment