Agricultural microbials are currently used to enhance crop productivity, plant health protection, and soil health maintenance. Additionally, agricultural microbials are critical for dealing with environmental issues involving bio remediation of soil and water treatment.
Agricultural microbial can separate organic and inorganic pollutants. Recycling of agricultural and industrial wastes is one of the key applications of agricultural microbials. It helps plant growth by carrying out bioremediation, biodegradation, and bio-sorption processes.
The global agricultural microbials market is expected to display higher growth rate over the forecast period. Rapid surge in the market is credited to the shifting trend towards organic farming. Use of microbial technologies to improve overall agriculture yields is expected to drive the growth of the market over the forecast period.
Numerous initiatives and support provided by governments in different countries around the globe for modernization of agriculture is estimated to aggravate market value of agricultural microbials over the forecast period.
To increase production value and achieve higher yields in short duration of time, leads to applying modern techniques in farming resulting in a significant growth in it. Increasing use of it for waste water treatment and recycling of agricultural and industrial wastes are the key trend associated with agricultural microbials industry.
Agricultural microbials are currently used to enhance crop productivity, plant health protection, and soil health maintenance. Additionally, they are critical for dealing with environmental issues involving bio remediation of soil and water treatment.
Agricultural microbials can separate organic and inorganic pollutants. Recycling of agricultural and industrial wastes is one of the key applications of agricultural microbials. It helps plant growth by carrying out bio remediation, bio degradation, and bio-sorption processes.
The microbials is broadly categorized into major segments based on the type of crop such as cereals & grains, oil seed & pulses, and fruits & vegetables. Cereals & grains segment is growing rapidly with substantial revenue generation for farmers in the last few years. Growing popularity of it in cereals & grains segment is attributed to the growing focus towards crop protection.
The microbials work done by the regions as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in organic farming sector, surge in number of research & development activities and existence of well-established agriculture infrastructure in the region.
In European region, Germany, France, and United Kingdom are projected to witness steady growth due to the stringent laws against excessive use of chemicals and shifting trend towards organic farming.
Asia-Pacific region is estimated to hold a major share in the agricultural microbials. Countries such as India, China and Singapore are leading in the Asia-Pacific region with increasing focus towards adoption of modern technology in farming to produce high yield and demand of quality food.