The north america agricultural biologicals market is projected to reach USD 4.4 billion in 2023, registering at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period 2024-2030. The growth of the market is majorly driven by the increasing demand for organic products: as consumers become more health-conscious, there’s a growing preference for organic and sustainably cultivated crops.
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A class of agricultural inputs known as "agricultural biologicals" comes from natural sources like plants, microbes, and organic materials. They are employed in agriculture to boost crop yields, shield plants from pests and illnesses, and raise the sustainability of farming as a whole. Agricultural biologicals, as opposed to conventional chemical pesticides and fertilizers, use nature's force to encourage stronger, healthier crops. These biological products include biostimulants, which promote plant growth and development, and biopesticides, which employ non-toxic methods to control diseases and pests. Agricultural biologicals have been more well-known in recent years since they are compatible with organic farming methods, leave fewer chemical residues, and are environmentally beneficial.
A well-established agricultural industry, a strong demand for organic food items, and government support for sustainable agriculture are all likely to make North America a significant market for agricultural biologicals.
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The prominent key players operating in the north america agricultural biologicals market are Agri Life, Agrinos Inc., Arysta LifeScience Corporation (UPL Limited), BASF SE, Bayer AG, Isagro (PI Industries), Marrone Bio Innovations Inc., Novozymes A/S, Syngenta AG, The Dow Chemical Company, Valagro, Valent U.S.A. LLC
Scope of The Report:
- The north america agricultural biologicals market research report includes historical data, trending features, and market growth estimates for the future.
- The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
- The north america agricultural biologicals market report helps to provide the best results for business enhancement and business growth.
- The report gives a comprehensive overview of both primary and secondary data.
- The market key players covered here to help them strengthen their place in the market.
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