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The global agricultural biologicals market size was valued at USD 15.29 billion in 2024. The market is projected to grow from USD 17.42 billion in 2025 to USD 44.70 billion by 2032, exhibiting a CAGR of 14.41% during the forecast period.
Fortune Business Insights™ presents this information in its report titled “Agricultural Biologicals Market Size, Share & Industry Analysis, By Type (Biopesticides, Biostimulants, and Biofertilizers), By Source (Microbial and Biochemicals), By Application Method (Foliar Spray, Soil Treatment, Seed Treatment, and Others), By Crop (Row Crops, Fruits & Vegetables, and Others), and Regional Forecast, 2025-2032.”
Agricultural biologicals can be deployed solely or merged with synthetic pest-resistant chemicals. The market expansion can be ascribed to the extensive application of the product in agriculture. The demand for the product is growing to cater to the demand for pre and post-harvest management of crops.
Moreover, the COVID-19 pandemic impacted the global economy in 2020 attributed to an adverse influence on all industrial sectors owing to disruptions in their activities, a halt in international travel, and permission for only necessary businesses such as food and medicines to operate. The U.S. Department of Agriculture (USDA) also reported a drop of 3.5% in the total agri-exports of the country in the initial seven months of 2020 as compared to the previous year.
Performance Nutrition Launched NutriWise Brand to Enhance its Product Portfolio
In July 2022, Performance Nutrition announced the release of the NutriWise brand, which is a granular fertilizer and water-soluble powder. The new product replaced the old NutriSmart product line. The product has availability for turf, ornamental, and agricultural markets.
Growth in the Production of Horticulture Crops and Cereal Crops to Propel the Market Expansion
The agricultural biologicals market growth is driven by the rising production of cereal and horticulture crops. The demand for high-quality fruits and vegetables is growing rapidly owing to the surging disposable income in emerging and developed economies.
Despite an expanding scope for the adoption of the product, the scarcity of well-defined guidelines for biologicals may impede the market growth.
Leading Companies Focus on Product Launches to Broaden Their Portfolio
The top companies such as Syngenta and Novozymes emphasize the expansion of their footprint by boosting their product development, making investments in new product launches, and deploying new equipment to minimize carbon emissions. Many of the leading players are emphasizing launches of new agricultural biologicals for the expansion of their portfolio.
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/industry-reports/agricultural-biologicals-market-100411
List of Key Players Profiled:
Key Industry Development
Further Report Findings
North America accounted for the largest agricultural biologicals market share in 2023. The proactive role of the U.S. Environmental Protection Agency in the recognition of the strong demand potential for biostimulants is driving the regional growth.
Table of Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2032 |
Historical Period | 2019-2023 |
Unit | Value (USD Billion) |
Growth Rate | CAGR of 14.41% from 2025 to 2032 |
Segmentation | By Type, Source, Application Method, Crop, and Region |
Segmentation
| By Type
By Source
By Application Method
By Crop
By Region
Geography
|