The North American market for agricultural microbials is forecasted to witness a CAGR of 16.5% during the forecast period. In the year 2018, the United States occupied the majority of the share of the agricultural microbial market followed by Canada and Mexico. North America is the largest market for agricultural microbials globally and has around 37.2% of the global market share in 2017. The regional market growth depends on the need for land productivity of agricultural fields while keeping soil health intact. The region is promoting the usage of microbial products in order to balance the agricultural sector growth, which is mostly opted by chemical fertilizer and pesticides required to sustain its large-scale productions.
Key Market Trends
Popularity of Organic Farming
The requirement for high crop productivity and production with high quality, and evolving agricultural practices and precision farming have been driving the market growth for agriculture microbial products in North America. Organic farming represents a unique, fast-growing segment of the food industry. Being less toxic than synthetic pesticides, microbial pesticides typically affect the target pest and other organisms closely related to it, as against broad-spectrum conventional pesticides, which can be harmful to other organisms, such as birds, beneficial insects, and mammals. North America’s organic agricultural land was 3.2 million hectares in 2017, which is 0.8% of the total agricultural area. Between 2016 and 2017, the area increased by almost 93,000 hectares or 3%. Almost 1.8 % of the farmland in Canada is organic, and the proportion in the United States is 0.6%. There is a total of 19,017 producers in North America; most of them are in the United States. As conventional synthetic options become ineffective due to pests developing resistance, growers are more and more willing to try biological options. Microbial pesticides can be very effective even in very small quantities and are quick to decompose, which causes lower exposure levels and prevents pollution-associated problems of traditional pesticides. Consumers have become more aware of the products they consume and scrutinize the safety and quality of food products. So, when farmers use microbial pesticides in agricultural land, it lessens the chance of toxicity that comes figuratively from synthetic pesticide usages.
United States Dominates the Agricultural Microbial Market
The United States is the largest agricultural microbial market in North America, acquiring 54% of the total market share in the region in 2017, followed by Canada. The country with its highly evolved agricultural sector has been adapting to the natural and organic way of farming lately. The increasing cost of chemical inputs, their adverse effect on soil mass and environment and the increasing awareness regarding balanced plant nutrition are the major factors driving the market demand in the country. The United States Environmental Protection Agency (U.S. EPA) is the primary governmental organization responsible for the registration of pest management products. In comparison with the registration of conventional chemical pesticides, microbial registrations are usually faster, less complex, and less costly when a considerable body of information already exists, and it is presented appropriately to the agency for use in the risk assessment process. Unlike other countries, the US does not require registration of beneficial pests or entomopathogenic microorganisms. Plant growth-promoting rhizobacteria, nitrogen fixation, or similar type of microbial inoculants do not require EPA registration as long as they do not make a pest control claim.
Competitive Landscape
The market is fragmented with the major players garnering a smaller share of the market. In the North American agriculture microbials market, companies are not only competing on product quality and product promotion but also on strategic moves to acquire greater market share. The eight acquisitions of biological companies in just the last few years indicate that the focus on microbial-based products is increasing rapidly.
Reasons to Purchase this report:
Key Market Trends
Popularity of Organic Farming
The requirement for high crop productivity and production with high quality, and evolving agricultural practices and precision farming have been driving the market growth for agriculture microbial products in North America. Organic farming represents a unique, fast-growing segment of the food industry. Being less toxic than synthetic pesticides, microbial pesticides typically affect the target pest and other organisms closely related to it, as against broad-spectrum conventional pesticides, which can be harmful to other organisms, such as birds, beneficial insects, and mammals. North America’s organic agricultural land was 3.2 million hectares in 2017, which is 0.8% of the total agricultural area. Between 2016 and 2017, the area increased by almost 93,000 hectares or 3%. Almost 1.8 % of the farmland in Canada is organic, and the proportion in the United States is 0.6%. There is a total of 19,017 producers in North America; most of them are in the United States. As conventional synthetic options become ineffective due to pests developing resistance, growers are more and more willing to try biological options. Microbial pesticides can be very effective even in very small quantities and are quick to decompose, which causes lower exposure levels and prevents pollution-associated problems of traditional pesticides. Consumers have become more aware of the products they consume and scrutinize the safety and quality of food products. So, when farmers use microbial pesticides in agricultural land, it lessens the chance of toxicity that comes figuratively from synthetic pesticide usages.
United States Dominates the Agricultural Microbial Market
The United States is the largest agricultural microbial market in North America, acquiring 54% of the total market share in the region in 2017, followed by Canada. The country with its highly evolved agricultural sector has been adapting to the natural and organic way of farming lately. The increasing cost of chemical inputs, their adverse effect on soil mass and environment and the increasing awareness regarding balanced plant nutrition are the major factors driving the market demand in the country. The United States Environmental Protection Agency (U.S. EPA) is the primary governmental organization responsible for the registration of pest management products. In comparison with the registration of conventional chemical pesticides, microbial registrations are usually faster, less complex, and less costly when a considerable body of information already exists, and it is presented appropriately to the agency for use in the risk assessment process. Unlike other countries, the US does not require registration of beneficial pests or entomopathogenic microorganisms. Plant growth-promoting rhizobacteria, nitrogen fixation, or similar type of microbial inoculants do not require EPA registration as long as they do not make a pest control claim.
Competitive Landscape
The market is fragmented with the major players garnering a smaller share of the market. In the North American agriculture microbials market, companies are not only competing on product quality and product promotion but also on strategic moves to acquire greater market share. The eight acquisitions of biological companies in just the last few years indicate that the focus on microbial-based products is increasing rapidly.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Bayer CropSCience AG
- Certis USA LLC
- Chr Hansen Holding A/S
- Corteva Agriscience
- Isagro USA
- Koppert Biological Systems
- Lallemand Inc.
- Marrone Bio Innovations
- Precision Laboratories
- Syngenta AG
- Valent USA LLC
- Verdesian Life Sciences LLC
Methodology
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