Rise in Environmental Concerns with Higher Usage of Synthetic Fertilizers and Pesticides is to Drive the Market
According to the publisher, the global inoculants market size is estimated to be valued at USD 1.1 Billion in 2022. It is anticipated to reach USD 1.7 Billion by 2027, recording a CAGR of 8.1% in value. Agricultural inoculants consist of living organisms as their main mode of action that help in nitrogen fixation, biocontrol of soil-borne diseases, enhancement of mineral uptake, weathering of soil minerals, and providing nutritional or hormonal effects. Agricultural inoculants improve the quality of the soil, enhance the growth of crops, and also increase their yield. These are formulations of bacteria or fungi and are used for remediation and enhancement of the productivity of crops.
By type, agricultural inoculants is forecasted to gain the largest market share in the inoculants market during the study period.
The agricultural inoculants segment is projected to account for the largest market share during the projected period. Increased usage of bacterial and fungal cultures has resulted in the efficient functioning of the physiological functions of crops, resulting in higher productivity. Agricultural inoculants also allow for increasing farm productivity in areas with adverse conditions by increasing abiotic resistance in crops. Due to the high growth rate of the market, key players are investing huge amounts in R&D activities to develop new multi-functional strains for the formulation of inoculants.
By microbe, bacteria is anticipated to acquire the largest market share in the inoculants market during the review period.
Bacteria is the most widely used microbe in inoculants. Bacteria belonging to Rhizobium species are usually used as inoculants for legumes. It has been discovered that inoculating legumes with these microbes is an efficient biocontrol method for several plant diseases. Rhizobial strains have been discovered to generate plant resistance to several illnesses and lessen the severity of various diseases in leguminous and non-leguminous plants; however, the primary goal of rhizobial inoculation on crops is to enhance nitrogen availability. Moreover, most commercial inoculants for silage contain homofermentative lactic acid bacteria that help to enhance lactic acid production.
By crop type, cereals & grains are projected to account for the largest market share in the inoculants market during the study period.
Cereal crops comprise wheat, corn, barley, and rice. Cereals & grains form a key segment of the agricultural inoculants market, as corn and wheat are grown abundantly in different regions of the world. The growing demand for corn and wheat has contributed to the growth of the agricultural inoculants market. The US is one of the major countries to adopt microbial solutions for the cultivation of cereals & grains. Growing support by governments of different countries to encourage sustainable agricultural practices in cereals & grains farms is projected to drive the growth of agricultural inoculants.
The North American region is projected to account for the largest market share in the inoculants market during the forecast period.
North America is one of the major consumers of agricultural inoculants. Agricultural land in North America has been declining over time due to heavy industrialization, mining, and rapid urbanization. Due to the excessive usage of chemical fertilizers, the fertility of the soil is decreasing significantly. An increase in demand for high yield and production with limited usage of agrochemicals is projected to increase the consumption of plant growth regulators in North America, which in turn, is expected to drive the growth of the inoculants market.
Break-up of Primaries
- By Company Type: Tier 1 - 30%, Tier 2 - 25%, and Tier 3 - 45%
- By Designation: Manager- 25%, CXOs- 40%, and Executives - 35%
- By Region: Asia Pacific - 40%, Europe - 30%, North America- 16%, and RoW- 14%
Leading players profiled in this report include the following:
- Corteva Agriscience (US)
- BASF SE (Germany)
- Bayer AG (Germany)
- Novozymes A/S (Denmark)
- Cargill, Incorporated (US)
- Archer Daniels Midland Company (US)
- DSM (Netherlands)
- Chr. Hansen Holding A/S (Denmark)
- Lallemand Inc. (Canada)
- Kemin Industries, Inc (US)
- Verdesian Life Sciences (US)
- BIO-CAT (US)
- Microbial Biological Fertilizers International (South Africa)
- Agrauxine (US)
- Provita Supplements GmbH (Germany)
Research Coverage
This report segments the inoculants market on the basis of type, microbe, crop type, form, and region. In terms of insights, this research report focuses on various levels of analyses - competitive landscape, pricing insights, end-use analysis, and company profiles - which together comprise and discuss the basic views on the emerging & high-growth segments of the inoculants market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
- To get a comprehensive overview of the inoculants market
- To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
- To gain insights about the major countries/regions in which the inoculants market is flourishing
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
Figure 1 Market Segmentation
1.3.1 Inclusions and Exclusions
1.4 Regions Covered
1.5 Years Considered
1.6 Units Considered
1.6.1 Currency (Value Unit)
Table 1 USD Exchange Rates Considered, 2018-2021
1.6.2 Volume Unit
1.7 Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Inoculants Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Primary Insights
2.2 Market Size Estimation
2.2.1 Approach 1: Bottom-Up (Based on Type, by Region)
2.2.2 Approach 2: Top-Down (Based on Global Market and Supply Side)
2.3 Data Triangulation
Figure 3 Data Triangulation Methodology
2.4 Research Assumptions
2.5 Limitations
3 Executive Summary
Table 2 Inoculants Market Snapshot, 2022 Vs. 2027
Figure 4 Inoculants Market, by Type, 2022 Vs. 2027 (USD Million)
Figure 5 Inoculants Market, by Microbe, 2022 Vs. 2027 (USD Million)
Figure 6 Inoculants Market, by Crop Type, 2022 Vs. 2027 (USD Million)
Figure 7 Inoculants Market Size, by Form, 2022 Vs. 2027 (USD Million)
Figure 8 Inoculants Market Share (Value), by Region, 2021
4 Premium Insights
4.1 Attractive Opportunities for Inoculants Market Players
Figure 9 South America to Account for Highest Growth Rate During Forecast Period
4.2 Europe: Inoculants Market, by Key Crop Type and Country
Figure 10 Germany and Cereals & Grains Segments Accounted for Largest Respective Shares in European Inoculants Market in 2021
4.3 Inoculants Market, by Type
Figure 11 Agricultural Inoculants to Dominate Market During Forecast Period
4.4 Inoculants Market, by Microbe
Figure 12 Bacterial Inoculants to Dominate Market During Forecast Period
4.5 Inoculants Market, by Crop Type
Figure 13 Cereals & Grains to Account for Largest Market Share During Forecast Period
4.6 Inoculants Market, by Form
Figure 14 Liquid Inoculants to Dominate Market During Forecast Period
4.7 Inoculants Market, by Crop Type and Region
Figure 15 North America and Cereals & Grains to Dominate During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Increase in Demand for Milk & Meat Products
Figure 16 Milk and Beef & Buffalo Meat Production, 2017-2021 (Ton)
5.3 Market Dynamics
Figure 17 Inoculants Market Dynamics
5.3.1 Drivers
5.3.1.1 Shift in Trend Toward Adoption of Organic and Environment-Friendly Farming Practices
5.3.1.2 Rise in Environmental Concerns with Higher Usage of Synthetic Fertilizers and Pesticides
5.3.1.3 Increase in Feed Grain and Compound Feed Prices
Figure 18 Feed Grain Prices, 2017-2022 (Usd/Ton)
5.3.1.4 Expansion in Livestock Industry, Owing to Increased Demand for Animal-Based Products
5.3.2 Restraints
5.3.2.1 Limited Awareness Regarding Both Agricultural and Silage Inoculants
5.3.2.2 Shelf Life of Agricultural Inoculants
5.3.3 Opportunities
5.3.3.1 Expansion of Grassland Pastures in South America
5.3.3.2 South America: Key Producer of Soybean and Key Revenue Generator for Agricultural Inoculants
Table 3 Global Soybean Production, December 2022 (Million Tons)
5.3.4 Challenges
5.3.4.1 Limited Usage of Inoculants Worldwide
5.3.4.2 Silage Losses due to Fungi and Mycotoxins
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Research and Product Development
6.2.2 Sourcing
6.2.3 Production and Processing
6.2.4 Packaging & Storage
6.2.5 Marketing & Sales
Figure 19 Value Chain Analysis of Inoculants Market
6.3 Supply Chain Analysis
Figure 20 Inoculants Market: Supply Chain
6.4 Technology Analysis
6.4.1 Bioencapsulation of Inoculants
6.4.2 Bioencapsulated Bacteria
6.4.3 Bioencapsulated Fungi
6.4.4 Bioencapsulation Process
6.5 Price Trend Analysis
6.5.1 Average Selling Price, by Type
Figure 21 Global Average Selling Price, by Type, 2020-2022 (Usd/Ton)
Table 4 Agricultural Inoculants: Average Selling Price (ASP), by Region, 2020-2022 (Usd/Ton)
Table 5 Silage Inoculant: Average Selling Price (ASP), by Region, 2020-2022 (Usd/Ton)
Table 6 Average Selling Prices of Key Market Players, by Type, 2021 (Usd/Ton)
6.6 Market Mapping and Ecosystem Analysis
6.6.1 Supply-Side Analysis
6.6.2 Demand-Side Analysis
Figure 22 Inoculants Market Mapping
Table 7 Inoculants Market: Supply Chain Ecosystem
6.7 Trends/Disruptions Impacting Customer Business
Figure 23 Trends/Disruptions Impacting Customer's Business
6.8 Trade Analysis
Table 8 Export Value of Seaweeds and Other Algae Biostimulants, by Key Country, 2021 (USD)
Table 9 Import Value of Seaweeds and Other Algae Biostimulants, by Key Country, 2021 (USD)
Table 10 Import Value of Amino Acids and Their Esters, by Key Country, 2021 (USD)
Table 11 Export Value of Amino Acids and Their Esters, by Key Country, 2021 (USD)
6.9 Patent Analysis
Figure 24 Patents Granted for Inoculants Market, 2012-2022
Figure 25 Regional Analysis of Patent Granted for Inoculants Market, 2012-2022
Table 12 Patents Pertaining to Inoculants, 2012-2022
6.10 Porter's Five Forces Analysis
Table 13 Inoculants Market: Porter's Five Forces Analysis
6.10.1 Degree of Competition
6.10.2 Bargaining Power of Suppliers
6.10.3 Bargaining Power of Buyers
6.10.4 Threat of Substitutes
6.10.5 Threat of New Entrants
6.11 Case Studies
Table 14 Basf Se Launched Nodulaid for Stimulating Nodulation
Table 15 Novozymes A/S Introduced Bioniq for Cereal & Canola Crop Inoculation
6.12 Key Conferences and Events
Table 16 Key Conferences and Events in Inoculants Market, 2023
6.13 Tariff and Regulatory Landscape
Table 17 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 18 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 19 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 20 South America: Regulatory Bodies, Government Agencies, and Other Organizations
6.14 Regulatory Framework
6.14.1 North America
6.14.1.1 US
6.14.1.2 Canada
6.14.2 Europe
6.14.3 Asia-Pacific
6.14.3.1 China
6.14.3.2 Australia & New Zealand
Table 21 Environmental Study Issues to be Considered in Application
6.14.3.3 India
6.14.4 South America
6.14.4.1 Brazil
6.15 Key Stakeholders and Buying Criteria
6.15.1 Key Stakeholders in Buying Process
Figure 26 Influence of Stakeholders on Buying Process for Key Crop Type
Table 22 Influence of Stakeholders on Buying Process for Top Three Crop Types
6.15.2 Buying Criteria
Table 23 Key Criteria for Selecting Suppliers/Vendors
Figure 27 Key Criteria for Selecting Suppliers/Vendors
7 Inoculants Market, by Type
7.1 Introduction
Figure 28 Inoculants Market, by Type, 2022 Vs. 2027 (USD Million)
Table 24 Inoculants Market, by Type, 2017-2021 (USD Million)
Table 25 Inoculants Market, by Type, 2022-2027 (USD Million)
Table 26 Inoculants Market, by Type, 2017-2021 (Kt)
Table 27 Inoculants Market, by Type, 2022-2027 (Kt)
7.2 Agricultural Inoculants
Table 28 Agricultural Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 29 Agricultural Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 30 Agricultural Inoculants Market, by Region, 2017-2021 (USD Million)
Table 31 Agricultural Inoculants Market, by Region, 2022-2027 (USD Million)
Table 32 Agricultural Inoculants Market, by Region, 2017-2021 (Kt)
Table 33 Agricultural Inoculants Market, by Region, 2022-2027 (Kt)
7.2.1 Plant Growth-Promoting Microorganisms
7.2.1.1 Pgpm to Help Improve Crop Productivity by Enhancing Nutrient Uptake and Soil Quality Improvement
7.2.2 Biocontrol Agents
7.2.2.1 Increase in Usage to Suppress a Broad Spectrum of Bacterial, Fungal, and Nematodal Diseases
7.2.3 Plant-Resistance Stimulants
7.2.3.1 Stimulants to Reduce Water Consumption, Enhance Appearance of Crops, Increase Yield, and Protect Plants from Diseases
7.3 Silage Inoculants
Table 34 Silage Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 35 Silage Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 36 Silage Inoculants Market, by Region, 2017-2021 (USD Million)
Table 37 Silage Inoculants Market, by Region, 2022-2027 (USD Million)
Table 38 Silage Inoculants Market, by Region, 2017-2021 (Kt)
Table 39 Silage Inoculants Market, by Region, 2022-2027 (Kt)
7.3.1 Homofermentative
7.3.1.1 Homofermentative Inoculants to Help in Faster and More Efficient Fermentation Producing Mostly Lactic Acid
7.3.2 Heterofermentative
7.3.2.1 Heterofermentative Inoculants to Aid in Keeping Silage from Heating in Warm Weather
8 Inoculants Market, by Microbe
8.1 Introduction
Figure 29 Inoculants Market, by Microbe, 2022 Vs. 2027 (USD Million)
Table 40 Inoculants Market, by Microbe, 2017-2021 (USD Million)
Table 41 Inoculants Market, by Microbe, 2022-2027 (USD Million)
8.2 Bacterial
8.2.1 Bacterial Inoculants to Replace Fertilizers to Increase Crop Productivity
Table 42 Bacterial Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 43 Bacterial Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 44 Bacterial Inoculants Market, by Region, 2017-2021 (USD Million)
Table 45 Bacterial Inoculants Market, by Region, 2022-2027 (USD Million)
8.2.2 Mode of Action
8.2.2.1 Nitrogen Fixation
8.2.2.2 Phosphate Solubilization
8.2.2.3 Sequestering Iron
8.2.2.4 Modulating Phytohormone Levels
8.2.3 Types of Bacterial Sources
8.2.3.1 Rhizobacteria
8.2.3.2 Phosphobacteria
8.2.3.3 Azotobacter
8.2.3.4 Lactobacillus
8.2.3.5 Pediococcus
8.2.3.6 Enterococcus
8.2.3.7 Other Bacterial
8.3 Fungal
8.3.1 Inoculants to Release Enzymes That Help Plants Break Down Nutrients into More Easily Utilized Forms
Table 46 Fungal Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 47 Fungal Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 48 Fungal Inoculants Market, by Region, 2017-2021 (USD Million)
Table 49 Fungal Inoculants Market, by Region, 2022-2027 (USD Million)
8.3.2 Types of Fungal Sources
8.3.2.1 Trichoderma Spp.
8.3.2.2 Mycorrhiza
8.3.2.3 Other Fungal
8.4 Other Microbes
Table 50 Other Microbial Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 51 Other Microbial Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 52 Other Microbial Inoculants Market, by Region, 2017-2021 (USD Million)
Table 53 Other Microbial Inoculants Market, by Region, 2022-2027 (USD Million)
9 Inoculants Market, by Crop Type
9.1 Introduction
Figure 30 Inoculants Market by Crop Type, 2022 Vs. 2027 (USD Million)
Table 54 Inoculants Market, by Crop Type, 2017-2021 (USD Million)
Table 55 Inoculants Market, by Crop Type, 2022-2027 (USD Million)
9.2 Cereals & Grains
9.2.1 Rise in Demand for Corn and Wheat to Fuel Market
Table 56 Cereal & Grain Crops Market, by Region, 2017-2021 (USD Million)
Table 57 Cereal & Grain Crops Market, by Region, 2022-2027 (USD Million)
9.3 Oilseeds & Pulses
9.3.1 Increased Demand for Soybean, Canola, Peas, Beans, and Other Legume Crops
Table 58 Oilseed & Pulse Crops Market, by Region, 2017-2021 (USD Million)
Table 59 Oilseed & Pulse Crops Market, by Region, 2022-2027 (USD Million)
9.4 Fruits & Vegetables
9.4.1 Greater Use of Organic Inputs for Fruit & Vegetable Production
Table 60 Fruit & Vegetable Crops Market, by Region, 2017-2021 (USD Million)
Table 61 Fruit & Vegetable Crops Market, by Region, 2022-2027 (USD Million)
9.5 Forage
9.5.1 Inoculants to Improve Silage Quality by Facilitating Ensiling Process
Table 62 Forage Crops Market, by Region, 2017-2021 (USD Million)
Table 63 Forage Crops Market, by Region, 2022-2027 (USD Million)
9.6 Other Crop Types
Table 64 Other Crop Types Market, by Region, 2017-2021 (USD Million)
Table 65 Other Crop Types Market, by Region, 2022-2027 (USD Million)
10 Inoculants Market, by Form
10.1 Introduction
Figure 31 Inoculants Market, by Form, 2022 Vs. 2027 (USD Million)
Table 66 Inoculants Market, by Form, 2017-2021 (USD Million)
Table 67 Inoculants Market, by Form, 2022-2027 (USD Million)
10.2 Dry
10.2.1 Low Price and Easy Storage Properties to Drive Demand
Table 68 Dry Inoculants Market, by Region, 2017-2021 (USD Million)
Table 69 Dry Inoculants Market, by Region, 2022-2027 (USD Million)
10.3 Liquid
10.3.1 Ease in Application to Foster Segment Growth
Table 70 Liquid Inoculants Market, by Region, 2017-2021 (USD Million)
Table 71 Liquid Inoculants Market, by Region, 2022-2027 (USD Million)
11 Inoculants Market, by Mode of Application
11.1 Introduction
11.2 Seed Treatment
11.3 Soil Treatment
11.4 Other Modes of Application
12 Inoculants Market, by Region
12.1 Introduction
Figure 32 Inoculants Market Growth Rate, by Key Country, 2022-2027
Table 72 Inoculants Market, by Region, 2017-2021 (USD Million)
Table 73 Inoculants Market, by Region, 2022-2027 (USD Million)
Table 74 Inoculants Market, by Region, 2017-2021 (Kt)
Table 75 Inoculants Market, by Region, 2022-2027 (Kt)
12.2 North America
Figure 33 North America: Inoculants Market Snapshot
12.2.1 Recession Impact Analysis
Figure 34 North America: Recession Impact Analysis
Table 76 North America: Inoculants Market, by Country, 2017-2021 (USD Million)
Table 77 North America: Inoculants Market, by Country, 2022-2027 (USD Million)
Table 78 North America: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 79 North America: Inoculants Market, by Type, 2022-2027 (USD Million)
Table 80 North America: Inoculants Market, by Type, 2017-2021 (Kt)
Table 81 North America: Inoculants Market, by Type, 2022-2027 (Kt)
Table 82 North America: Agricultural Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 83 North America: Agricultural Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 84 North America: Silage Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 85 North America: Silage Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 86 North America: Inoculants Market, by Form, 2017-2021 (USD Million)
Table 87 North America: Inoculants Market, by Form, 2022-2027 (USD Million)
Table 88 North America: Inoculants Market, by Microbe, 2017-2021 (USD Million)
Table 89 North America: Inoculants Market, by Microbe, 2022-2027 (USD Million)
Table 90 North America: Inoculants Market, by Crop Type, 2017-2021 (USD Million)
Table 91 North America: Inoculants Market, by Crop Type, 2022-2027 (USD Million)
12.2.2 US
12.2.2.1 Us to be Largest Market for Inoculants due to Awareness of Advantages and High Silage Production
Table 92 US: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 93 US: Inoculants Market, by Type, 2022-2027 (USD Million)
12.2.3 Canada
12.2.3.1 Increase in Demand for Meat and Dairy Products to Contribute to Market Growth
Table 94 Canada: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 95 Canada: Inoculants Market, by Type, 2022-2027 (USD Million)
12.2.4 Mexico
12.2.4.1 Advantages of Inoculants in Combating Silage Losses to Offer High Growth Opportunities
Table 96 Mexico: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 97 Mexico: Inoculants Market, by Type, 2022-2027 (USD Million)
12.3 Europe
12.3.1 Recession Impact Analysis
Figure 35 Europe: Recession Impact Analysis
Table 98 Europe: Inoculants Market, by Country, 2017-2021 (USD Million)
Table 99 Europe: Inoculants Market, by Country, 2022-2027 (USD Million)
Table 100 Europe: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 101 Europe: Inoculants Market, by Type, 2022-2027 (USD Million)
Table 102 Europe: Inoculants Market, by Type, 2017-2021 (Kt)
Table 103 Europe: Inoculants Market, by Type, 2022-2027 (Kt)
Table 104 Europe: Agricultural Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 105 Europe: Agricultural Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 106 Europe: Silage Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 107 Europe: Silage Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 108 Europe: Inoculants Market, by Form, 2017-2021 (USD Million)
Table 109 Europe: Inoculants Market, by Form, 2022-2027 (USD Million)
Table 110 Europe: Inoculants Market, by Microbe, 2017-2021 (USD Million)
Table 111 Europe: Inoculants Market, by Microbe, 2022-2027 (USD Million)
Table 112 Europe: Inoculants Market, by Crop Type, 2017-2021 (USD Million)
Table 113 Europe: Inoculants Market, by Crop Type, 2022-2027 (USD Million)
12.3.2 Germany
12.3.2.1 Rise in Demand for Organic Foods to Drive Market
Table 114 Germany: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 115 Germany: Inoculants Market, by Type, 2022-2027 (USD Million)
12.3.3 France
12.3.3.1 Increase in Growth of Organic Farmland Area Year-On-Year to Fuel Market
Table 116 France: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 117 France: Inoculants Market, by Type, 2022-2027 (USD Million)
12.3.4 UK
12.3.4.1 Continuous Rise in Sale of Organic Food Products to Foster Market
Table 118 UK: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 119 UK: Inoculants Market, by Type, 2022-2027 (USD Million)
12.3.5 Russia
12.3.5.1 Increased Focus on Organic Food and Meat Production to Boost Market
Table 120 Russia: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 121 Russia: Inoculants Market, by Type, 2022-2027 (USD Million)
12.3.6 Spain
12.3.6.1 Ranked Among Top Ten Markets for Organic Products
Table 122 Spain: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 123 Spain: Inoculants Market, by Type, 2022-2027 (USD Million)
12.3.7 Italy
12.3.7.1 Higher Organic Food Consumption due to Rise in Health Concerns
Table 124 Italy: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 125 Italy: Inoculants Market, by Type, 2022-2027 (USD Million)
12.3.8 Denmark
12.3.8.1 Investments by Government in Organic Farming to Propel Market
Table 126 Denmark: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 127 Denmark: Inoculants Market, by Type, 2022-2027 (USD Million)
12.3.9 Rest of Europe
Table 128 Rest of Europe: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 129 Rest of Europe: Inoculants Market, by Type, 2022-2027 (USD Million)
12.4 Asia-Pacific
12.4.1 Recession Impact Analysis
Figure 36 Asia-Pacific: Recession Impact Analysis
Table 130 Asia-Pacific: Inoculants Market, by Country, 2017-2021 (USD Million)
Table 131 Asia-Pacific: Inoculants Market, by Country, 2022-2027 (USD Million)
Table 132 Asia-Pacific: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 133 Asia-Pacific: Inoculants Market, by Type, 2022-2027 (USD Million)
Table 134 Asia-Pacific: Inoculants Market, by Type, 2017-2021 (Kt)
Table 135 Asia-Pacific: Inoculants Market, by Type, 2022-2027 (Kt)
Table 136 Asia-Pacific: Agricultural Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 137 Asia-Pacific: Agricultural Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 138 Asia-Pacific: Silage Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 139 Asia-Pacific: Silage Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 140 Asia-Pacific: Inoculants Market, by Form, 2017-2021 (USD Million)
Table 141 Asia-Pacific: Inoculants Market, by Form, 2022-2027 (USD Million)
Table 142 Asia-Pacific: Inoculants Market, by Microbe, 2017-2021 (USD Million)
Table 143 Asia-Pacific: Inoculants Market, by Microbe, 2022-2027 (USD Million)
Table 144 Asia-Pacific: Inoculants Market, by Crop Type, 2017-2021 (USD Million)
Table 145 Asia-Pacific: Inoculants Market, by Crop Type, 2022-2027 (USD Million)
12.4.2 China
12.4.2.1 Increase in Organic Food Market to Drive Demand for Agricultural Inoculants
Table 146 China: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 147 China: Inoculants Market, by Type, 2022-2027 (USD Million)
12.4.3 India
12.4.3.1 Growth in Poultry Industry to Foster Demand for Silage Inoculants
Table 148 India: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 149 India: Inoculants Market, by Type, 2022-2027 (USD Million)
12.4.4 Japan
12.4.4.1 Significant Demand for Both Agricultural and Silage Inoculants to Make It Fastest-Growing Asia-Pacific Market
Table 150 Japan: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 151 Japan: Inoculants Market, by Type, 2022-2027 (USD Million)
12.4.5 Australia & New Zealand
12.4.5.1 Australia's Booming Organic Food Industry and New Zealand's Dairy Industry to Drive Demand for Inoculants
Table 152 Australia & New Zealand: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 153 Australia & New Zealand: Inoculants Market, by Type, 2022-2027 (USD Million)
12.4.6 Indonesia
12.4.6.1 Growth in Demand for Meat to Fuel Demand for Silage Inoculants
Table 154 Indonesia: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 155 Indonesia: Inoculants Market, by Type, 2022-2027 (USD Million)
12.4.7 Rest of Asia-Pacific
Table 156 Rest of Asia-Pacific: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 157 Rest of Asia-Pacific: Inoculants Market, by Type, 2022-2027 (USD Million)
12.5 South America
Figure 37 South America: Inoculants Market Snapshot
12.5.1 Recession Impact Analysis
Figure 38 South America: Recession Impact Analysis
Table 158 South America: Inoculants Market, by Country, 2017-2021 (USD Million)
Table 159 South America: Inoculants Market, by Country, 2022-2027 (USD Million)
Table 160 South America: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 161 South America: Inoculants Market, by Type, 2022-2027 (USD Million)
Table 162 South America: Inoculants Market, by Type, 2017-2021 (Kt)
Table 163 South America: Inoculants Market, by Type, 2022-2027 (Kt)
Table 164 South America: Agricultural Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 165 South America: Agricultural Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 166 South America: Silage Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 167 South America: Silage Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 168 South America: Inoculants Market, by Form, 2017-2021 (USD Million)
Table 169 South America: Inoculants Market, by Form, 2022-2027 (USD Million)
Table 170 South America: Inoculants Market, by Microbe, 2017-2021 (USD Million)
Table 171 South America: Inoculants Market, by Microbe, 2022-2027 (USD Million)
Table 172 South America: Inoculants Market, by Crop Type, 2017-2021 (USD Million)
Table 173 South America: Inoculants Market, by Crop Type, 2022-2027 (USD Million)
12.5.2 Brazil
12.5.2.1 Demand for Organic Food Products to Lead to an Increase in Organic Farming in Region
Table 174 Brazil: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 175 Brazil: Inoculants Market, by Type, 2022-2027 (USD Million)
12.5.3 Argentina
12.5.3.1 Increase in Demand for Organic Products to Fuel Growth
Table 176 Argentina: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 177 Argentina: Inoculants Market, by Type, 2022-2027 (USD Million)
12.5.4 Chile
12.5.4.1 Shift Toward Organic Farming due to Increasing Demand from Consumers and Exports to Propel Market
Table 178 Chile: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 179 Chile: Inoculants Market, by Type, 2022-2027 (USD Million)
12.5.5 Rest of South America
Table 180 Rest of South America: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 181 Rest of South America: Inoculants Market, by Type, 2022-2027 (USD Million)
12.6 Rest of the World (Row)
12.6.1 Recession Impact Analysis
Figure 39 RoW: Recession Impact Analysis
Table 182 RoW: Inoculants Market, by Country, 2017-2021 (USD Million)
Table 183 RoW: Inoculants Market, by Country, 2022-2027 (USD Million)
Table 184 RoW: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 185 RoW: Inoculants Market, by Type, 2022-2027 (USD Million)
Table 186 RoW: Inoculants Market, by Type, 2017-2021 (Kt)
Table 187 RoW: Inoculants Market, by Type, 2022-2027 (Kt)
Table 188 RoW: Agricultural Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 189 RoW: Agricultural Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 190 RoW: Silage Inoculants Market, by Subtype, 2017-2021 (USD Million)
Table 191 RoW: Silage Inoculants Market, by Subtype, 2022-2027 (USD Million)
Table 192 RoW: Inoculants Market, by Form, 2017-2021 (USD Million)
Table 193 RoW: Inoculants Market, by Form, 2022-2027 (USD Million)
Table 194 RoW: Inoculants Market, by Microbe, 2017-2021 (USD Million)
Table 195 RoW: Inoculants Market, by Microbe, 2022-2027 (USD Million)
Table 196 RoW: Inoculants Market, by Crop Type, 2017-2021 (USD Million)
Table 197 RoW: Inoculants Market, by Crop Type, 2022-2027 (USD Million)
12.6.2 Middle East
12.6.2.1 Advancements in Agricultural Industry in Israel, Egypt, and Morocco to Boost Growth
Table 198 Middle East: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 199 Middle East: Inoculants Market, by Type, 2022-2027 (USD Million)
12.6.3 Africa
12.6.3.1 Rise in Focus on Production of Cereals & Grains to Drive Market
Table 200 Africa: Inoculants Market, by Type, 2017-2021 (USD Million)
Table 201 Africa: Inoculants Market, by Type, 2022-2027 (USD Million)
13 Competitive Landscape
13.1 Overview
13.2 Strategies Adopted by Key Player
Table 202 Strategies Adopted by Key Players in Inoculants Market
13.3 Market Share Analysis
Table 203 Global Inoculants Market: Degree of Competition
13.4 Revenue Share Analysis of Key Players
Figure 40 Revenue Analysis of Key Players, 2019-2021 (USD Billion)
13.5 Company Evaluation Quadrant (Key Players)
13.5.1 Stars
13.5.2 Emerging Leaders
13.5.3 Pervasive Players
13.5.4 Participants
Figure 41 Inoculants Market: Company Evaluation Quadrant, 2021 (Key Players)
13.6 Product Footprint
Table 204 Company Product Footprint, by Type
Table 205 Company Product Footprint, by Microbe
Table 206 Company Product Footprint, by Crop Type
Table 207 Company Product Footprint, by Region
Table 208 Overall Company Product Footprint
13.7 Startup/Sme Evaluation Quadrant (Other Players)
13.7.1 Progressive Companies
13.7.2 Starting Blocks
13.7.3 Responsive Companies
13.7.4 Dynamic Companies
Figure 42 Inoculants Market: Company Evaluation Quadrant, 2021 (Other Players)
13.7.5 Competitive Benchmarking of Other Players
Table 209 Detailed List of Other Players
Table 210 Competitive Benchmarking (Other Players), 2021
13.8 Competitive Scenario
13.8.1 Product Launches
Table 211 Inoculants Market: New Product Launches, 2018-2022
13.8.2 Deals
Table 212 Inoculants Market: Deals, 2018-2022
13.8.3 Others
Table 213 Inoculants Market: Others, 2018-2022
14 Company Profiles
14.1 Key Companies
(Business Overview, Products Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
14.1.1 Corteva Agriscience
Table 214 Corteva Agriscience: Company Overview
Figure 43 Corteva Agriscience: Company Snapshot
Table 215 Corteva Agriscience: Products Offered
Table 216 Corteva Agriscience: Deals
14.1.2 Basf Se
Table 217 Basf Se: Business Overview
Figure 44 Basf Se: Company Snapshot
Table 218 Basf Se: Products Offered
Table 219 Basf Se: Product Launches
Table 220 Basf Se: Deals
14.1.3 Bayer Ag
Table 221 Bayer Ag: Business Overview
Figure 45 Bayer Ag: Company Snapshot
Table 222 Bayer Ag: Products Offered
Table 223 Bayer Ag: Deals
14.1.4 Novozymes A/S
Table 224 Novozymes A/S: Business Overview
Figure 46 Novozymes A/S: Company Snapshot
Table 225 Novozymes A/S: Products Offered
Table 226 Novozymes A/S: Product Launches
14.1.5 Cargill, Incorporated
Table 227 Cargill, Incorporated: Business Overview
Figure 47 Cargill, Incorporated: Company Snapshot
Table 228 Cargill, Incorporated: Products Offered
14.1.6 Archer Daniels Midland Company (Adm)
Table 229 Archer Daniels Midland Company: Business Overview
Figure 48 Archer Daniels Midland Company: Company Snapshot
Table 230 Archer Daniels Midland Company: Products Offered
Table 231 Archer Daniels Midland Company: Deals
14.1.7 Dsm
Table 232 Dsm: Business Overview
Figure 49 Dsm: Company Snapshot
Table 233 Dsm: Products Offered
14.1.8 Chr. Hansen Holding A/S
Table 234 Chr. Hansen Holding A/S: Business Overview
Figure 50 Chr. Hansen Holding A/S: Company Snapshot
Table 235 Chr. Hansen Holding A/S: Products Offered
Table 236 Chr. Hansen Holding A/S: Deals
14.1.9 Lallemand Inc.
Table 237 Lallemand Inc.: Business Overview
Table 238 Lallemand Inc: Products Offered
Table 239 Lallemand Inc.: Product Launches
14.1.10 Kemin Industries, Inc.
Table 240 Kemin Industries, Inc.: Business Overview
Table 241 Kemin Inc: Products Offered
Table 242 Kemin Industries, Inc.: Others
14.1.11 Verdesian Life Sciences
Table 243 Verdesian Life Sciences: Business Overview
Table 244 Verdesian Life Sciences: Products Offered
Table 245 Verdesian Life Sciences: Product Launches
Table 246 Verdesian Life Sciences: Deals
14.1.12 Bio-Cat
Table 247 Bio-Cat: Business Overview
Table 248 Bio-Cat: Products Offered
Table 249 Bio-Cat: Others
14.1.13 Mbfi
Table 250 Microbial Biological Fertilizers International: Business Overview
Table 251 Microbial Biological Fertilizers International: Products Offered
14.1.14 Agrauxine
Table 252 Agrauxine: Business Overview
Table 253 Agrauxine: Products Offered
Table 254 Agrauxine: Deals
14.1.15 Provita Supplements GmbH
Table 255 Provita Supplements GmbH: Business Overview
Table 256 Provita Supplements GmbH: Products Offered
14.2 Other Players
14.2.1 Neugen Biologicals Pvt Ltd
Table 257 Neugen Biologicals Pvt Ltd: Business Overview
Table 258 Neugen Biologicals Pvt Ltd: Products Offered
14.2.2 Precision Laboratories, LLC
Table 259 Precision Laboratories, LLC: Business Overview
Table 260 Precision Laboratories, LLC: Products Offered
14.2.3 Queensland Agricultural Seeds
Table 261 Queensland Agricultural Seeds: Business Overview
Table 262 Queensland Agricultural Seeds: Products Offered
14.2.4 Xitebio Technologies Inc.
Table 263 Xitebio Technologies Inc.: Business Overview
Table 264 Xitebio Technologies Inc.: Products Offered
Table 265 Xitebio Technologies Inc.: Product Launches
14.2.5 Terramax, Inc.
Table 266 Terramax, Inc.: Business Overview
Table 267 Terramax, Inc.: Products Offered
14.2.6 Soil Technologies Corporation
Table 268 Soil Technologies Corporation: Company Overview
14.2.7 Horticultural Alliance, LLC.
Table 269 Horticultural Alliance, LLC.: Company Overview
14.2.8 Agri Life
Table 270 Agri Life: Company Overview
14.2.9 Strong Microbials
Table 271 Strong Microbials: Company Overview
14.2.10 Prions Bio Tech
Table 272 Prions Biotech Pvt Ltd.: Company Overview
*Details on Business Overview, Products Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) Might Not be Captured in Case of Unlisted Companies.
15 Adjacent and Related Markets
15.1 Introduction
Table 273 Adjacent Markets to Inoculants Market
15.2 Study Limitations
15.3 Biostimulants Market
15.3.1 Market Definition
15.3.2 Market Overview
Table 274 Biostimulants Market, by Active Ingredient, 2020-2027 (USD Million)
15.4 Biofertilizers Market
15.4.1 Market Definition
15.4.2 Market Overview
Table 275 Biofertilizers Market, by Type, 2019-2026 (USD Million)
16 Appendix
16.1 Discussion Guide
16.2 Knowledgestore: The Subscription Portal
16.3 Customization Options
Executive Summary
Companies Mentioned
- Agrauxine
- Agri Life
- Archer Daniels Midland Company (Adm)
- BASF SE
- Bayer Ag
- Bio-Cat
- Cargill, Incorporated
- CHR. Hansen Holding A/S
- Corteva Agriscience
- DSM
- Horticultural Alliance, LLC.
- Kemin Industries, Inc.
- Lallemand Inc.
- MBFI
- Neugen Biologicals Pvt Ltd
- Novozymes A/S
- Precision Laboratories, LLC
- Prions Bio Tech
- Provita Supplements GmbH
- Queensland Agricultural Seeds
- Soil Technologies Corporation
- Strong Microbials
- Terramax, Inc.
- Verdesian Life Sciences
- Xitebio Technologies Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 266 |
| Published | February 2023 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 1.1 Billion |
| Forecasted Market Value ( USD | $ 1.7 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
