The global Inoculants
Market size is expected to reach USD 1469.6 Million
by 2028 at a CAGR of 6.8%, according to a new report by Reports and Data.
Inoculants, which is also known as microbial inoculants, aid in enhancing the
nutritional status of host plant, along with reducing the requirement for
fertilizer inputs. Containing several beneficial microbes such as fungi,
bacteria, algae, and protozoa, inoculants are able to carry out growth in
plants, along with suppressing diseases or pests.
This market
intelligence report includes a comprehensive evaluation of the market,
discussing the value, volume, size, share, growth rate, key trends, demand
& supply ratio, gross revenue, competitive landscape, regional analysis,
manufacturers, product types, and end-user applications to give a 360°
overview of the global Inoculants industry. The study provides key information
pertaining to the different elements that are propelling or restraining the
growth of the sector. It draws accurate forecasts to estimate the prospective
growth of the overall business.
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Key Players:
Leading companies in
the market include Corteva (US), BASF (Germany), Bayer (Germany), Novozymes
(Denmark), BrettYoung (US), Precision Laboratories, LLC (US), Verdesian Life
Sciences (US), Advanced Biological Marketing Inc. (US), Queensland Agricultural
Seeds Pty (Australia), and XiteBio Technologies Inc. (Canada).
Further
key findings in the report:
- Rapid expansion in the livestock
industry, increasing feed grain’s prices, and fast adoption of sustainable
and organic farming practices by global farmers because of the growing
health concerns worldwide are accelerating the sector’s growth.
- The fungal sub-segment is foreseen
to occupy the highest growth over the commenced period. Fungal inoculants
aid plants in absorbing various nutrients and phosphorus. Mycorrhizal
fungi are generally found in plant roots and are being popular for
supplying phosphorus to plants.
- Asia Pacific region is dominating
the industry owing to the soaring need for food products in emerging
nations. Growing meat consumption and mushrooming industrialization of the
animal farm production are promoting the industry for silage inoculant in
APAC.
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Market
Segmentation:
Type Outlook (Revenue,
USD Million, 2018 - 2028)
- Agricultural inoculants
- Plant-growth-promoting
microorganisms
- Biocontrol agents
- Plant-resistant stimulants
- Silage inoculants
- Homofermentative
- Heterofermentative
Crop Type Outlook (Revenue,
USD Million, 2018 - 2028)
- Cereals & grains
- Oilseeds & pulses
- Fruits & vegetables
- Forage
- Other crop types (turf &
ornamentals, plantation crops, and fiber crops)
Microbes Outlook (Revenue,
USD Million, 2018 - 2028)
- Bacterial
- Rhizobacteria
- Phosphobacteria
- Azotobacter
- Lactobacillus
- Pediococcus
- Enterococcus
- Other bacterial (Azospirillum,
Bacillus, and Pseudomonas putida)
- Fungal
- Mycorrhiza
- Trichoderma spp.
- Other fungal (Paecelomyces lilacinus,
Aspergillus, and Penicillium spp)
- Other microbes (algal, viral, and
protozoan)
Regional Outlook
(Revenue, USD Million, 2018 - 2028)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Central & South America
- Brazil
- Latin America
- Peru
- Rest of South America
- Middle East & Africa
- South Africa
- North Africa
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full report here @
https://www.reportsanddata.com/report-detail/inoculants-market
Objective of Studies:
·
To
provide detailed analysis of the market structure along with forecast of the
various segments and sub-segments of the global Inoculants market.
·
To
provide insights about factors affecting the market growth. To analyze the Inoculants
market based on various factors- price analysis, supply chain analysis, Porte
five force analysis etc.
·
To
provide historical and forecast revenue of the market segments and sub-segments
with respect to four main geographies and their countries- North America,
Europe, Asia, Latin America and Rest of the World.
·
To
provide country level analysis of the market with respect to the current market
size and future prospective.
Thank
you for reading this article. You can also get chapter-wise sections or
region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
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