According to the latest report by IMARC Group, titled “Agricultural Inoculants Market Report by Type (Plant Growth Promoting Microorganisms, Bio-Control Agents, Plant-Resistant Stimulants, and Others), Microbes (Bacteria, Fungi, and Others), Mode of Application (Seed Inoculation, Soil Inoculation, and Others), Form (Solid, Liquid, Granular, and Others), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), and Region 2025-2033,” the global agricultural inoculants market size reached USD 522.7 Million in 2024. An agricultural inoculant, also known as microbial inoculant, is composed of beneficial microorganisms like fungi, bacteria, protozoa, viruses, and algae. It is mainly used for supplementing the nutrient needs of crops and agroforestry in drylands. It is also utilized for improving crop yield, preventing soil-borne diseases, promoting growth in plants, and enhancing mineral uptake. As it is environment-friendly, it is increasingly being adopted around the world.
Global Agricultural Inoculants Market Trends:
The chemically synthesized fertilizers and pesticides lead to soil pollution, microbial imbalance and reduce the levels of biocontrol agents in the soil. This represents one of the key factors catalyzing the need for agricultural inoculants to protect plant and soil health. Apart from this, the increasing adoption of organic farming practices across the globe is also propelling the market growth. Furthermore, leading market players are focusing on introducing numerous innovations in the field of agricultural sciences. This, along with the rising demand for food due to the increasing global population and limited availability of cultivable land, is creating a favorable market outlook. Besides this, the market is also driven by the significantly expanding agricultural industry worldwide. Looking forward, the market value is projected to reach USD 898.1 Million by 2033, expanding at a CAGR of 5.89% during (2025-2033).
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Segment Coverage | Type, Microbes, Mode of Application, Form, Crop Type, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates |
Companies Covered | Advanced Biological Marketing Inc., BASF SE, Dow Chemical Company, Bayer Crop Science, Brettyoung, Novozymes A/S, Verdesian Life Sciences LLC, XiteBio Technologies Inc. and Precision Laboratories LLC |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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