What's Happening?
The global agricultural biologicals market is anticipated to grow significantly, reaching USD 13.38 billion by 2032, driven by a compound annual growth rate (CAGR) of 15.50% from 2025 to 2032. This growth is attributed to a shift towards sustainable farming practices, increased demand for organic food, and a reduction in chemical pesticide usage. Key developments in bio-stimulants, bio-pesticides, and bio-fertilizers, along with supportive government policies, are accelerating market expansion. Notable industry activities include Summit Agro USA's launch of its BioPowered portfolio and Sumitomo Corporation's investment in DPH Biologicals, LLC. The market is segmented by type, source, mode of application, and application, with biopesticides holding
the largest market share. North America leads the market with a 36% share, followed by Europe and Asia Pacific.
Why It's Important?
The expansion of the agricultural biologicals market is crucial for promoting sustainable agriculture and reducing reliance on synthetic chemicals. This shift supports environmental health and aligns with consumer preferences for organic and residue-free food products. The market's growth is also driven by regulatory pressures to limit synthetic pesticide use, encouraging the adoption of eco-friendly alternatives. As the global population increases, the demand for higher crop yields through improved soil health and plant resilience becomes more pressing. Technological innovations in biologics, including microbial strains and precision application methods, further enhance the market's potential, offering significant opportunities for stakeholders in the agricultural sector.
