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Agricultural Inoculants Market - Forecasts from 2018 to 2023

  • ID: 4661594
  • Report
  • 102 pages
  • Knowledge Sourcing Intelligence LLP
until Dec 31st 2019
1 of 4


  • BASF Corporation
  • Bayer CropScience
  • DuPont Pioneer
  • Timac Agro
  • MORE
The agricultural inoculants market is projected to expand at a CAGR of 10.28% over the forecast period of 2017 - 2023. Agricultural inoculants contain beneficial microbes which promote plant growth by providing nutrients while suppressing diseases. Growing global food insecurity is one of the major drivers of agricultural inoculants market. Mushrooming global population and rising urbanization are continuously putting pressure on limited arable land. According to the United Nations (UN), food production must double by 2050 to meet the demand of global population. Thus, farmers are required to adopt advanced technologies and solutions to combat food insecurity by increasing the yield of available cultivable land using different advanced yet cost-effective crop production techniques is significantly boosting the demand for agricultural inoculants worldwide to increase the mobilization of key nutrients while protecting crops from pests and diseases.

Harmful impact of chemical fertilizers on groundwater is another major factor behind the booming demand for agricultural inoculants worldwide. Even though high usage of fertilizers and pesticides has increased the global agricultural production over the past few years, their adverse effects on human health and environment has also reduced the agricultural productivity of land. As a result, environment-friendly and organic farming practices are on the rise which contributes to the growth of agricultural inoculants market. Plant growth promoting rhizobacteria, for example, reduces chemical fertilizers’ application while providing lower production cost in a sustainable manner.

According to the European Commission, the total area under farming in EU covered almost 12 million hectares of agricultural land in 2016. Emerging shift towards organic farming will continue to propel the growth of agricultural inoculants market during the forecast period as manufacturers are also offering inoculants for organic production. ABM™ ADVANCED BIOLOGICAL MARKETING offers several products under the American brands, Best Inoculant and Graph-Ex, that are used for organic farming.

The vendor landscape of the global agricultural inoculants market is facing intense competition with a large number of market players, though major companies including Bayer and BASF hold the significant market share. Vendors are adopting various growth strategies such as merger and acquisition, new product launch, and partnerships in order to expand their market reach across the globe. Recently in March 2018, BASF has launched Bomvoro inoculant in Brazil for efficiently treating soybean seeds.

Major industry players profiled as part of the report are BASF Corporation, Precision Laboratories LLC, ABM™ ADVANCED BIOLOGICAL MARKETING, DuPont Pioneer, and Bayer CropScience among others.


The agricultural inoculants market is segmented by type, mode of application, microbe type, crop type, and geography:

By Type

Soil Inoculants
Seed Inoculants

By Mode of Application

Bio Control agents
Plant resistance stimulant
Plant growth-promotion

By Microbe Type


By Crop Type

Fruits and Vegetables
Cereals and Pulses
Oilseeds and Pulses

By Geography

North America


South America


Middle East and Africa
Saudi Arabia

Asia Pacific
Note: Product cover images may vary from those shown
2 of 4


  • BASF Corporation
  • Bayer CropScience
  • DuPont Pioneer
  • Timac Agro
  • MORE

2. Research Methodology
2.1. Research Process And Design
2.2. Research Assumptions

3. Executive Summary

4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness

5. Agricultural Inoculants Market by Type
5.1. Soil Inoculants
5.2. Seed Inoculants

6. Agricultural Inoculants Market by Mode of Application
6.1. Bio Control agents
6.2. Plant resistance stimulant
6.3. Plant growth-promotion

7. Agricultural Inoculants Market by Microbe Type
7.1. Bacteria
7.2. Fungi

8. Agricultural Inoculants Market by Crop Type
8.1. Fruits and Vegetables
8.2. Cereals and Grains
8.3. Oilseeds and Pulses

9. Agricultural Inoculants Market by Geography
9.1. North America
9.1.1. U.S.
9.1.2. Canada
9.1.3. Others
9.2. South America
9.2.1. Brazil
9.2.2. Argentina
9.2.3. Others
9.3. Europe
9.3.1. UK
9.3.2. Germany
9.3.3. France
9.3.4. Italy
9.3.5. Others
9.4. Middle East And Africa
9.4.1. Saudi Arabia
9.4.2. UAE
9.4.3. Others
9.5. Asia Pacific
9.5.1. Japan
9.5.2. China
9.5.3. India
9.5.4. Australia
9.5.5. Others

10. Competitive Intelligence
10.1. Investment Analysis
10.2. Recent Deals
10.3. Strategies of Key Players

11. Company Profiles
11.1. BASF Corporation
11.2. Bayer CropScience
11.3. Precision Laboratories LLC
11.5. DuPont Pioneer
11.6. Timac Agro
11.7. Queensland Agricultural Seeds Pty Ltd
Note: Product cover images may vary from those shown
3 of 4


4 of 4
  • BASF Corporation
  • Bayer CropScience
  • Precision Laboratories LLC
  • DuPont Pioneer
  • Timac Agro
  • Queensland Agricultural Seeds Pty Ltd
Note: Product cover images may vary from those shown
5 of 4

The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.