Global Agricultural Biologicals Market Report 2022: Agricultural Diversity & Arable Land in Emerging Countries Presents Opportunities - ResearchAndMarkets.com
The "Agricultural Biologicals Market By Product Type Source, Formulation, Mode of Application, Crop Type, and Geography - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering
DUBLIN--(BUSINESS WIRE)--Sep 21, 2022--
The "Agricultural Biologicals Market By Product Type Source, Formulation, Mode of Application, Crop Type, and Geography - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
In terms of value, the Agricultural Biologicals Market is expected to reach $20.81 billion by 2029, at a CAGR of 12.2% during the forecast period 2022-2029.
The growth of this market is driven by the growing organic farming & demand for organic food, growing awareness about environmental safety, rising government initiatives, and increasing investments from leading companies. However, lack of education and awareness among farmers and challenges to new entrants are expected to hinder the growth of this market to a certain extent. Moreover, the huge agricultural diversity and arable land in emerging countries, including Asia-Pacific and Latin America, are expected to offer significant growth opportunities for players operating in the agriculture biologicals market.
