Precision Business Insights has published a report on the global agricultural inoculants market, estimating its value at USD 1,055.4 million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.3% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/agricultural-inoculants-market

Agricultural inoculants, also known as microbial inoculants, are formulations containing beneficial microorganisms like bacteria and fungi that enhance plant growth, soil health, and crop yield. These inoculants act as biofertilizers, biopesticides, or plant growth promoters, reducing the reliance on chemical fertilizers and pesticides.

Drivers:

  • Growing Demand for Sustainable Agriculture: Increasing awareness of the environmental impact of chemical inputs has led to a shift toward eco-friendly farming practices.
  • Rising Popularity of Organic Farming: The demand for organic food is driving the adoption of microbial inoculants to improve soil fertility and crop productivity.

The global agricultural inoculants market segmentation:

  1. By Type of Inoculant: Plant Resistant Stimulants, Bio Control Agents, Plant Growth Promoting Agents
  2. By Source of inoculation: Bacteria, Fungus, Others
  3. By Mode of Application: Seed Inoculation, Soil Inoculation
  4. By Crop Type: Fruits and Vegetables, Pulses and Oilseed, Cereals and Grains, Others

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Regional Overview:
The report also examines the current concerns and their Future Effects on the agricultural inoculants market by the region. The report covers all regions and countries; North America was the largest and Asia was the fastest-growing region in the agricultural inoculants market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like ABM (Advanced Biological Marketing Inc.), U.S.; Bayer AG, Germany; BASF SE, Germany; Novozymes, Denmark; I. du Pont de Nemours and Company, U.S.; BIO-CAT, U.S.; XiteBio Technologies, U.S.; Verdesian Life Sciences, U.S.

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