The Global Agricultural Biologicals Testing Market is estimated to be USD 2.96 Bn in 2023 and is expected to reach USD 4.26 Bn by 2028 growing at a CAGR of 7.51%.Europe is the largest market for biological testing services. Environmental agencies that promote sustainable agricultural practices are favoring the use of biopesticides
The Global Agricultural Biologicals Testing Market is expected to witness significant growth in the coming years, owing to the increasing demand for quality and safety assessment of agricultural biologicals. Agricultural biologicals are products derived from natural sources, such as microorganisms, plant extracts, beneficial insects, or other organic matter, that improve crop health, yield, and quality. Agricultural biological testing evaluates these products' efficacy, stability, toxicity, and compatibility before they are marketed or used in the field.
The Global Agricultural Biologicals Testing Market is driven by the need for sustainable agricultural production processes using safer products for crop treatment, increased trade of organic fertilizers, and the environmental agencies promoting sustainable agriculture.
However, the Global Agricultural Biologicals Testing Market also faces challenges, such as the high cost of conducting product trials, the stringent government regulations, and the high technical expertise required for field trials. Despite these challenges, the Global Agricultural Biologicals Testing Market offers ample opportunities for growth, such as the increased investment in product development by agricultural companies and innovative and novel testing methods.
Market Segmentations
- The Global Agricultural Biologicals Testing Market (2023-2028) by Product, Applications, End-Users, and Geography.
- By Product, the Global Agricultural Biologicals Testing Market is classified into Biofertilizers, Biopesticides, and Biostimulants. The Biopesticides segment has the largest market share. There is a high demand for biopesticides due to their low toxicity, eco-friendliness, and efficacy against pests and diseases. The Biostimulants segment will grow at the highest CAGR due to their ability to enhance crop quality, yield, and stress tolerance.
- By Applications, the Global Agricultural Biologicals Testing Market is classified into Analytical, Field Support, and Regulatory. The Field Support segment has the largest share of the Global Agricultural Biologicals Testing Market, followed by analytical and regulatory. The high demand for field support services to assess the agronomic and environmental benefits of agricultural biologicals under different climatic and soil conditions. The analytical segment expects to register the highest CAGR due to the increasing need to test agricultural biological biological's physicochemical and microbiological properties.
- By End-Users, the Global Agricultural Biologicals Testing Market is classified into Biological Product Manufacturers and Government Agencies. The Biological Product Manufacturers accounted for the largest market share, followed by Government Agencies. The high demand for testing services from biological product manufacturers to their need to ensure their products' quality, safety, and efficacy before launching them in the market.
- By Geography, the Global Agricultural Biologicals Testing Market is classified into the Americas, Europe, Middle East & Africa, and Asia-Pacific. Europe accounted for the largest market share, followed by the Americas and Asia-Pacific. The high demand for testing services in Europe, the stringent regulations on chemical agrochemicals, the growing adoption of organic farming practices, and the increasing usage of biopesticides and biofertilizers in the region.
Recent Development
- Bionema Ltd., a UK-based biotechnology company that develops and commercializes biopesticides, announced the launch of its new Biopesticide Testing Service to help biopesticide manufacturers and formulators optimize their products and accelerate their market entry. - January 2022
- Eurofins APAL Pty Ltd, an Australian laboratory that provides testing services for agricultural and environmental sectors, announced the launch of its new Biofertilizer Testing Service to help biofertilizer manufacturers and users assess the quality, efficacy, and safety of their products. - December 2021
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Staphyt, Bionema, Micromix Plant Health, OMEX, Syngenta, etc.Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
- The report presents a detailed Ansoff matrix analysis for the Global Agricultural Biologicals Testing Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
- The publisher analyses the Global Agricultural Biologicals Testing Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
- Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Agricultural Biologicals Testing Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
- Excel data sheet for the market size will also be provided with the report.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
- The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors.
- The report offers customized research - tailored uniquely to our customers with a quick turnaround time. We offer a 15% customization option at no extra charge to all our clients for any of our syndicated reports.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.
- Market segmentation
- Competitive Analysis: Comparative analysis of competitor
- Historical, current, and projected size of the market based on value and volume
- Market size of the US states
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Agricultural Biologicals Testing Market, By Product
7 Global Agricultural Biologicals Testing Market, By Applications
8 Global Agricultural Biologicals Testing Market, By End-Users
9 Americas' Agricultural Biologicals Testing Market
10 Europe's Agricultural Biologicals Testing Market
11 Middle East and Africa's Agricultural Biologicals Testing Market
12 APAC's Agricultural Biologicals Testing Market
13 Competitive Landscape
14 Company Profiles
15 Appendix
Companies Mentioned
- Agricen
- Andermatt Group Ag
- Biolchim S.p.A.
- Bionema Ltd.
- Biotecnologie BT
- Certis USA LLC
- Eurofins Scientific SE
- FMC Corp.
- Gowan Co., LLC
- Koppert Biological Systems
- Marrone Bio Innovations
- Micromix Plant Health Ltd.
- Novozymes
- OMEX Group
- SGS SA
- Staphyt SA
- Syngenta Ag
- The Dow Chemical Co.
- Trade Corp.
- VALAGRO S.P.A