Biosynthetic
capabilities of microorganisms, in a specific set of environmental
condition makes them likely candidates for enhancing nutritional
value and pest protection properties in agriculture. Agricultural microbials are produced from naturally occurring microorganisms such
as bacteria and fungi. These microbials are usually applied to seeds
or sprayed on crops to protect them from pests and diseases.
Microbials also enhance productivity and fertility of the plant.
Agricultural microbial products provide sustainable and cost
effective solutions to increase plant yield, irrespective of
geographies. Various types of fungi, bacteria, algae and viruses are
the commonly used microbials in agriculture. Furthermore, these
microbials play an important role in the production of grains,
vegetables, fruits, milk, and poultry and livestock products. Soil is
the most important component of agriculture. Microbes present in the
soil therefore play a vital role in the management and regulation of
nutrients available for crops. Agricultural microbials are thus used
to enhance the crop yield. Companies operating in this market are
striving to launch products containing different microbial
ingredients to meet the expected yield. Agricultural microbials are
beneficial in the production of food in the form of a long term
sustainable base for agricultural activities that help to maintain
and improve human health. Further, agricultural microbials preserve
and protect the environment and are therefore beneficial for both
farmers as well as consumers. Increasing demand for food is expected
to drive the global agricultural microbials market in the next few
years. This added factor is expected to boost the market for
agricultural microbials in the coming years.
Agricultural
microbials supply nutrients such as nitrogen and phosphorus to
plants. These microbials also protect plants from pests and diseases.
Agricultural microbials enhance the nutrient transportation process,
improve soil structure, maintain biological equilibrium and enhance
plant growth which subsequently results in increased yield of the
plant. Thus, agricultural microbials have become increasingly popular
in food production across the globe. Favorable regulatory and
financial policies of various governments regarding the usage of
microbial products, increasing global population, rising demand for
food, and environment-friendly farming practices are the major
driving factors of the agricultural microbials market.
Perceive
the Agricultural Microbials Market Projections for
Upcoming Years at:
Growth
of the agricultural microbials market is primarily led by the high
frequency of crop diseases and rising demand for food in developed as
well as developing nations. Environmental protection laws in the U.S.
and Europe are major drivers encouraging the use of agricultural
microbials in these regions. This trend is likely to continue in the
near future with growing importance of the agriculture industry.
Furthermore, factors such as innovative production practices that do
not harm crop yield would boost the usage of agricultural microbials
globally. The market for agricultural microbials is expected to
expand in Asia Pacific due to the economic growth coupled with
increasing demand for food in the region. Developing countries such
as China and India are likely to play a vital role in the
agricultural microbials market in coming years due to the increased
demand for food. North America, followed by Europe, is anticipated to
be the largest market for agricultural antimicrobials due to
stringent regulations requiring environment-friendly means of
agriculture and rising demand for organic food in the region.
Companies operating in this market aim to generate innovative
solutions in order to meet the changing need of the consumers and
these companies also invest heavily on research and development of
new microbial products with the anticipated bright prospects for this
market. Therefore, the global agricultural microbials market is
anticipated to expand significantly in the near future.
Some
of the major companies operating in the global agricultural
microbials market are Bayer CropScience AG, Monsanto, BASF SE,
Syngent
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