Agricultural Microbials Market is
expected to display higher growth rate over the forecast period. Rapid surge in
the market is credited to the shifting trend towards organic farming. Use of
microbial technologies to improve overall agriculture yields is expected to
drive the growth of the market over the forecast period.
Development of different programs involving microbial field
testing is anticipate to favor industry progress over the coming years.
Globally, market is predicted to generate massive revenue over the next seven
years, providing numerous opportunities for industry participants to invest in
research and development of agricultural microbials market.
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Numerous initiatives and support provided by governments in
different countries for modernization of agriculture is estimated to aggravate
market value of agricultural microbials over the forecast period. To increase
production value and achieve higher profits in short duration of time, leads to
applying modern techniques in farming resulting in a significant growth in
agricultural microbials market is expected in the upcoming years. Increasing
use of agricultural microbial for wastewater treatment and recycling of
agricultural and industrial wastes are the key market trend associated with
agricultural microbials industry.
Agricultural microbials are currently used to enhance crop
productivity, plant health protection, and soil health maintenance.
Additionally, agricultural microbials are critical for dealing with
environmental issues involving bioremediation of soil and water treatment.
Agricultural microbials can separate organic and inorganic pollutants.
Recycling of agricultural and industrial wastes is one of the key application
of agricultural microbials. Agricultural microbials helps plant growth by
carrying out bioremediation, biodegradation, and bio-sorption processes.
The key players in the agricultural microbials market are
The Monsanto Co., Bayer CropScience AG, Syngenta AG, BASF SE, Arysta
LifeScience Ltd., Sumitomo Chemical Co., Ltd., and Novozymes A/S.
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