Global Bio-Agriculture Market Report and Forecast 2024-2032

Global Bio-Agriculture Market Size

The global bio-agriculture market value of USD 13.35 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 12.1% to reach a value of USD 37.31 billion by 2032.

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Global Bio-Agriculture Market Growth

Bio-Agriculture is an economically and ecologically sustainable model of agriculture that maintains and enhances soil fertility, prevents soil erosion, and promotes and increases biodiversity and the usage of safe products for the benefit of the environment. It protects the long-term fertility of the soil and recycles animal wastes back to the farm. Bio-agriculture avoids the use of synthetic chemicals, which drives the demand for the bio-agriculture market.

Global Bio-Agriculture Market Analysis

The global market for bio-agriculture is a rapidly emerging industry that is adopting various technological reforms to boost and sustain the system, thus, ensuring the continued bio-agriculture industry growth.

The industry is expected to grow robustly due to the growing use of biofertilisers and the rising awareness of the adverse health and environmental impacts of synthetic fertilisers. Bio-agriculture focuses on crop protection and enhancement without compromising the quality of the product, which further enables the growth of the bio-agriculture market.

Global Bio-Agriculture Industry Outlook

According to The Research Institute of Organic Agriculture Survey 2024, In 2022, the total global organic agricultural land increased to approximately 96.4 million hectares, reflecting a significant growth of 20.3 million hectares from 2021. Oceania led with 53.2 million hectares dedicated to organic farming. Europe followed with 18.5 million hectares, while Asia contributed 8.8 million hectares. Northern America covered 3.6 million hectares, indicating the extensive adoption of organic agriculture in these areas, and further boosting the bio-agriculture industry revenue.

In 2022, the global organic agriculture sector included 4.5 million producers, with Asia holding the largest share at 2.73 million, accounting for over 60% of the world's organic producers. This high concentration in Asia is mainly due to India, which alone has about 2.6 million organic farmers, making it the top country for organic producers. The number of global organic producers grew by 25.6% from 2021 to 2022, adding more than 900,000 new producers in just one year. Over 90% of these producers are based in Asia, Africa, and Europe. This significant growth in the bio-agriculture market reflects the increasing global shift towards sustainable agricultural practices, as per The Research Institute of Organic Agriculture survey 2024.

According to the Directorate of Plant Protection, Quarantine & Storage, India's bio-pesticide consumption in 2022-23 has increased to 7,248 metric tons, up from 7,203 metric tons in 2018-19. Andhra Pradesh significantly increased its usage from 10 MT to 51 MT, demonstrating a strong rise in adoption. Chhattisgarh experienced significant growth, with consumption increasing from 505 MT to 740 MT, demonstrating strong regional demand and further enhancing the bio-agriculture market revenue.

Bio-Agriculture promotes eco-friendly farming practices, reducing reliance on synthetic chemicals.

• Increased consumer demand for organic products enhances bio-agriculture market growth.

• Subsidies and incentives for sustainable agriculture drive the adoption of bio-agricultural practices.

Initial investment and ongoing expenses for organic certification and bio-inputs can be prohibitive.

• Limited availability and distribution networks for bio-based products compared to conventional agriculture.

• Inconsistent yields and susceptibility to weather conditions impact productivity.

Rising consumer awareness and preference for organic food present an expansion of bio-agriculture market opportunities.

• Innovations in bio-pesticides and bio-fertilizers enhance product efficacy and affordability.

• Emerging markets offer untapped potential for bio-agricultural products and practices.

Intensified competition from conventional agriculture and other sustainable farming methods.

• Changing regulations and compliance requirements for organic certifications may hinder market entry.

• Misconceptions about yields and effectiveness of Bio-Agriculture compared to traditional methods could limit adoption.

Key Players in the Global Bio-Agriculture Market and their Key Initiatives 

Certis USA L.L.C

• Launched a new line of bio-fungicides targeting sustainable agriculture.

• Developed advanced biopesticides for improved crop protection creating new opportunities for the bio-agriculture market. 

National Fertilizers Ltd.

• Opened a new bio-fertilisers bottling plant. 

• Collaborated with international agricultural research institutions to organise training programmes. 

Novozymes A/S

• Launched new bio-innovative solutions to enhance crop productivity and sustainability.

• Formed strategic partnerships with leading agricultural companies to meet the growing demand of the bio-agriculture market. 

Mapleton Agri Biotec Pt Ltd

• Developed a cutting-edge range of biopesticides and biofertiliers.

• Focusing on improving crop resilience and yield through natural and environmentally friendly solutions 

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Global Bio-Agriculture Industry Segmentation

“Global Bio-Agriculture Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Function 

• Crop Protection

• Crop Enhancement

Market Breakup by Product Type 

• Microbials

• Macrobials

• Semiochemicals

• Natural Products

Market Breakup by Mode of Application 

• Foliar Spray

• Seed Treatment

• Soil Treatment

Market Breakup by Crop Type 

• Cereals and Grains

• Oilseeds and Pulses

• Fruits and Vegetables

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

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Bio-Agriculture Market Share

The growth of the bio-agriculture market can also be attributed to the increasing demand for organic products, climate change, improvement of productivity and yield, and the growth of the global population. The increasing concerns about food contaminations and genetically modified food and the risks associated with them have provided further impetus to the growth of organic farming.

The bio-agriculture market dynamics and trends are being driven by rapid urbanisation and the expanding middle-class population, which are key factors contributing to the market's growth.

Favourable government schemes, such as the National Mission for Sustainable Agriculture (NMSA) and Rashtriya Krishi Vikas Yojana (RKVY), which were launched by the Indian government, are also expected to propel the bio-agriculture demand growth.

Leading Companies in the Bio-Agriculture Market

The companies specialise in creating eco-friendly solutions for agricultural growers worldwide, focusing on bio-based pest management and plant health products that improve crop yields and sustainability.

• Marrone Bio Innovations 

• Certis USA L.L.C 

• National Fertilizers Ltd. 

• Novozymes A/S 

• Mapleton Agri Biotec Pt Ltd 

• Others

Key Highlights of the Report

Bio-Agriculture Market Report Snapshots

Bio-Agriculture Market Size

Bio-Agriculture Market Growth

Bio-Agriculture Market Analysis

Bio-Agriculture Market Share

Bio-Agriculture Companies