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Report overview
The global Agricultural Inoculant market was valued at US$ 5023.7 million in 2022 and is projected to reach US$ 5441.8 million by 2029, at a CAGR of 1.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Agricultural inoculants are formulations containing one or more beneficial microorganism strains, (or species) which help in plant growth and development, directly or indirectly. These microorganisms consume several elements from soil as food sources and excrete these into more available materials for plants.
This report aims to provide a comprehensive presentation of the global market for Agricultural Inoculant, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Agricultural Inoculant. This report contains market size and forecasts of Agricultural Inoculant in global, including the following market information:
North America is the largest Agricultural Inoculants market with about 38% market share. South America is follower, accounting for about 33% market share.
The key players are Novozymes A/S, BASF, DowDuPont, Advanced Biological Marketing, Verdesian Life Sciences, Brettyoung, Bayer Cropscience, BioSoja, Rizobacter, KALO, Loveland Products, Mycorrhizal, Premier Tech, Leading Bio-agricultural, Xitebio Technologies, Agnition, Horticultural Alliance, New Edge Microbials, Legume Technology, Syngenta, AMMS, Alosca Technologies, Groundwork BioAg, Zhongnong Fuyuan etc. Top 3 companies occupied about 50% market share.
We surveyed the Agricultural Inoculant manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Agricultural Inoculant Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Agricultural Inoculant Market Segment Percentages, by Type, 2022 (%)
Global Agricultural Inoculant Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Agricultural Inoculant Market Segment Percentages, by Application, 2022 (%)
Global Agricultural Inoculant Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Agricultural Inoculant Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Agricultural Inoculant revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Agricultural Inoculant revenues share in global market, 2022 (%)
Key companies Agricultural Inoculant sales in global market, 2018-2023 (Estimated), (Units)
Key companies Agricultural Inoculant sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: