According to TechSci Research report, “The US Agricultural Biologicals Market By Function (Crop Protection and Crop Enhancement), By Product Type (Microbials, Macrobials, Semiochemicals, Natural Products, By Mode of Application (Foliar spray, Soil Treatment and Seed treatment), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other), By Region, Competition, Forecast & Opportunities, 2025”, United States agricultural biologicals market is expected to witness steady CAGR during the forecast period. Agricultural biologicals act as a better substitute for synthetic chemical fertilizers that leads to hazardous problems for the environment and human.
Important Elements of the United States Agricultural Biologicals Market
This is one of the major factors accounting for the growth of the US agricultural biologicals market. Moreover, weed and insect resistance to chemicals that are used in agriculture is expected to bode well for the growth of the United States agricultural biologicals market through the forecast period. In addition to this, high yield, and improved nutrition content in plants, are positively influencing the growth of the US agricultural biologicals market.
Also, agricultural biologicals help the farmers in increasing yield and reducing plant stress, which is making headway for the growth of the United States agricultural biologicals market. However, there are some factors that might act as major impediments to the growth of the US agricultural biologicals market through 2025 such as a lack of awareness regarding the benefits of bio-based agricultural products among farmers and high cost compared to chemical fertilizers.
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The US agricultural biologicals market can be segmented based on function, product type, mode of application, crop type, company, and region. Considering the product type, the market is fragmented into microbial, microbial, semiochemicals, natural products, and others. Here, the microbial segment dominated the US agricultural biologicals market in terms of largest market share until 2019 and is further anticipated to maintain its dominance during the forecast period as well owing to the availability of strains along with ease of production. Moreover, the high rate of adoption among farmers is further contributing to the growing trend. The utilization of microbial is pretty simple as the user does not need to have specific technical knowledge. This factor is resulting in high acceptance of microbial solutions compared to other types of agricultural biologicals among growers and farmers.
The Major competitors of the United States Agricultural Biologicals Market
- Forte Composites Inc
- ACO Polymer
- Bouygues
- Wacker Chemical Corporation
- Kwik Bond Polymers
- Sika Corporation
- Sauereisen, Inc.
- ErgonArmor and Crown Polymers Corp., among others, are the leading players operating in the US agricultural biologicals market. The players are adopting several growth strategies to enhance the market scenario of agricultural biologicals. Other competitive strategies include product launches; mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diversify their product portfolio in order to strengthen their market position.
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“United States is forecast to register substantial growth in the agricultural biologicals market during the next five years on account of regulations supporting the use of bio-based products in the country. Furthermore, an upsurge in research activities is further boosting the market growth for agricultural biologicals in the country. In addition to this, the presence of major agrochemical companies present in the country, which are focusing on manufacturing bio-based agricultural products, is further expected to fuel United States agricultural biologicals market growth through 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“The US Agricultural Biologicals Market By Function (Crop Protection and Crop Enhancement), By Product Type (Microbials, Macrobials, Semiochemicals, Natural Products, By Mode of Application (Foliar spray, Soil Treatment and Seed treatment), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States agricultural biologicals market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States agricultural biologicals market.
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