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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
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.
Bio-Agriculture Market Report Snapshots
Bio-Agriculture Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global Bio-Agriculture market attained a value of nearly USD 13.35 billion.
The global Bio-Agriculture market is assessed to grow at a CAGR of 12.1% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 37.31 billion by 2032.
The market is being driven by rapid industrialisation, the emergence of the rising middle class population, technological advancements, and the surging demand for organic food products.
The key trends guiding the market include environmental consciousness, the rising adoption of biofertilisers, and the introduction of favourable government initiatives promoting sustainable agricultural practices.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The leading function segments in the market are crop protection and crop enhancement.
The major product types in the market are microbials, macrobials, semiochemicals, and natural products.
The significant modes of application of bio-agriculture in the market are foliar spray, seed treatment, and soil treatment.
The leading crop types in the market are cereals and grains, oilseeds and pulses, and fruits and vegetables, among others.
The competitive landscape consists of Marrone Bio Innovations, Certis USA L.L.C, National Fertilizers Ltd., Novozymes A/S, and Mapleton Agri Biotec Pt Ltd, among others.
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124