Table of Content

1 INTRODUCTION 34
1.1 STUDY OBJECTIVES 34
1.2 MARKET DEFINITION 34
1.3 STUDY SCOPE 35
FIGURE 1 MARKET SEGMENTATION 35
1.3.1 INCLUSIONS AND EXCLUSIONS 35
1.4 REGIONS COVERED 36
1.5 YEARS CONSIDERED 37
1.6 UNITS CONSIDERED 37
1.6.1 CURRENCY (VALUE UNIT) 37
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2018–2021 38
1.6.2 VOLUME UNIT 38
1.7 STAKEHOLDERS 38
1.8 SUMMARY OF CHANGES 39
2 RESEARCH METHODOLOGY 40
2.1 RESEARCH DATA 40
FIGURE 2 INOCULANTS MARKET: RESEARCH DESIGN 40
2.1.1 SECONDARY DATA 41
2.1.1.1 Key data from secondary sources 41
2.1.2 PRIMARY DATA 41
2.1.2.1 Key data from primary sources 42
2.1.2.2 Breakdown of primaries 42
2.1.2.3 Key primary insights 43
2.2 MARKET SIZE ESTIMATION 43
2.2.1 APPROACH 1: BOTTOM-UP (BASED ON TYPE, BY REGION) 44
2.2.2 APPROACH 2: TOP-DOWN (BASED ON GLOBAL MARKET AND SUPPLY SIDE) 45
2.3 DATA TRIANGULATION 46
FIGURE 3 DATA TRIANGULATION METHODOLOGY 46
2.4 RESEARCH ASSUMPTIONS 47
2.5 LIMITATIONS 48
3 EXECUTIVE SUMMARY 49
TABLE 2 INOCULANTS MARKET SNAPSHOT, 2022 VS. 2027 49
FIGURE 4 INOCULANTS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 50
FIGURE 5 INOCULANTS MARKET, BY MICROBE, 2022 VS. 2027 (USD MILLION) 51
FIGURE 6 INOCULANTS MARKET, BY CROP TYPE, 2022 VS. 2027 (USD MILLION) 51
FIGURE 7 INOCULANTS MARKET SIZE, BY FORM, 2022 VS. 2027 (USD MILLION) 52
FIGURE 8 INOCULANTS MARKET SHARE (VALUE), BY REGION, 2021 52
4 PREMIUM INSIGHTS 54
4.1 ATTRACTIVE OPPORTUNITIES FOR INOCULANTS MARKET PLAYERS 54
FIGURE 9 SOUTH AMERICA TO ACCOUNT FOR HIGHEST GROWTH RATE DURING FORECAST PERIOD 54
4.2 EUROPE: INOCULANTS MARKET, BY KEY CROP TYPE AND COUNTRY 55
FIGURE 10 GERMANY AND CEREALS & GRAINS SEGMENTS ACCOUNTED FOR LARGEST RESPECTIVE SHARES IN EUROPEAN INOCULANTS MARKET IN 2021 55
4.3 INOCULANTS MARKET, BY TYPE 55
FIGURE 11 AGRICULTURAL INOCULANTS TO DOMINATE MARKET DURING FORECAST PERIOD 55
4.4 INOCULANTS MARKET, BY MICROBE 56
FIGURE 12 BACTERIAL INOCULANTS TO DOMINATE MARKET DURING FORECAST PERIOD 56
4.5 INOCULANTS MARKET, BY CROP TYPE 56
FIGURE 13 CEREALS & GRAINS TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 56
4.6 INOCULANTS MARKET, BY FORM 57
FIGURE 14 LIQUID INOCULANTS TO DOMINATE MARKET DURING FORECAST PERIOD 57
4.7 INOCULANTS MARKET, BY CROP TYPE AND REGION 58
FIGURE 15 NORTH AMERICA AND CEREALS & GRAINS TO DOMINATE DURING FORECAST PERIOD 58
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MACROECONOMIC INDICATORS 59
5.2.1 INCREASE IN DEMAND FOR MILK & MEAT PRODUCTS 59
FIGURE 16 MILK AND BEEF & BUFFALO MEAT PRODUCTION, 2017-2021 (TON) 60
5.3 MARKET DYNAMICS 61
FIGURE 17 INOCULANTS MARKET DYNAMICS 61
5.3.1 DRIVERS 61
5.3.1.1 Shift in trend toward adoption of organic and environment-friendly farming practices 61
5.3.1.2 Rise in environmental concerns with higher usage of synthetic fertilizers and pesticides 62
5.3.1.3 Increase in feed grain and compound feed prices 63
FIGURE 18 FEED GRAIN PRICES, 2017–2022 (USD/TON) 63
5.3.1.4 Expansion in livestock industry, owing to increased demand for animal-based products 64
5.3.2 RESTRAINTS 64
5.3.2.1 Limited awareness regarding both agricultural and silage inoculants 64
5.3.2.2 Shelf life of agricultural inoculants 64
5.3.3 OPPORTUNITIES 65
5.3.3.1 Expansion of grassland pastures in South America 65
5.3.3.2 South America: Key producer of soybean and key revenue generator for agricultural inoculants 65
TABLE 3 GLOBAL SOYBEAN PRODUCTION, DECEMBER 2022 (MILLION TONS) 65
5.3.4 CHALLENGES 66
5.3.4.1 Limited usage of inoculants worldwide 66
5.3.4.2 Silage losses due to fungi and mycotoxins 66
6 INDUSTRY TRENDS 67
6.1 INTRODUCTION 67
6.2 VALUE CHAIN ANALYSIS 67
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT 67
6.2.2 SOURCING 68
6.2.3 PRODUCTION AND PROCESSING 68
6.2.4 PACKAGING & STORAGE 68
6.2.5 MARKETING & SALES 68
FIGURE 19 VALUE CHAIN ANALYSIS OF INOCULANTS MARKET 68
6.3 SUPPLY CHAIN ANALYSIS 69
FIGURE 20 INOCULANTS MARKET: SUPPLY CHAIN 69
6.4 TECHNOLOGY ANALYSIS 70
6.4.1 BIOENCAPSULATION OF INOCULANTS 70
6.4.2 BIOENCAPSULATED BACTERIA 70
6.4.3 BIOENCAPSULATED FUNGI 70
6.4.4 BIOENCAPSULATION PROCESS 70
6.5 PRICE TREND ANALYSIS 71
6.5.1 AVERAGE SELLING PRICE, BY TYPE 71
FIGURE 21 GLOBAL AVERAGE SELLING PRICE, BY TYPE, 2020–2022 (USD/TON) 71
TABLE 4 AGRICULTURAL INOCULANTS: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON) 72
TABLE 5 SILAGE INOCULANT: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON) 72
TABLE 6 AVERAGE SELLING PRICES OF KEY MARKET PLAYERS, BY TYPE, 2021 (USD/TON) 72
6.6 MARKET MAPPING AND ECOSYSTEM ANALYSIS 73
6.6.1 SUPPLY-SIDE ANALYSIS 73
6.6.2 DEMAND-SIDE ANALYSIS 73
FIGURE 22 INOCULANTS MARKET MAPPING 73
TABLE 7 INOCULANTS MARKET: SUPPLY CHAIN ECOSYSTEM 74
6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 75
FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 75
6.8 TRADE ANALYSIS 75
TABLE 8 EXPORT VALUE OF SEAWEEDS AND OTHER ALGAE BIOSTIMULANTS, BY KEY COUNTRY, 2021 (USD) 76
TABLE 9 IMPORT VALUE OF SEAWEEDS AND OTHER ALGAE BIOSTIMULANTS, BY KEY COUNTRY, 2021 (USD) 77
TABLE 10 IMPORT VALUE OF AMINO ACIDS AND THEIR ESTERS, BY KEY COUNTRY, 2021 (USD) 78
TABLE 11 EXPORT VALUE OF AMINO ACIDS AND THEIR ESTERS, BY KEY COUNTRY, 2021 (USD) 79
6.9 PATENT ANALYSIS 80
FIGURE 24 PATENTS GRANTED FOR INOCULANTS MARKET, 2012–2022 80
FIGURE 25 REGIONAL ANALYSIS OF PATENT GRANTED FOR INOCULANTS MARKET, 2012–2022 81
TABLE 12 PATENTS PERTAINING TO INOCULANTS, 2012–2022 81
6.10 PORTER’S FIVE FORCES ANALYSIS 82
TABLE 13 INOCULANTS MARKET: PORTER’S FIVE FORCES ANALYSIS 82
6.10.1 DEGREE OF COMPETITION 83
6.10.2 BARGAINING POWER OF SUPPLIERS 83
6.10.3 BARGAINING POWER OF BUYERS 83
6.10.4 THREAT OF SUBSTITUTES 84
6.10.5 THREAT OF NEW ENTRANTS 84
6.11 CASE STUDIES 84
TABLE 14 BASF SE LAUNCHED NODULAID FOR STIMULATING NODULATION 84
TABLE 15 NOVOZYMES A/S INTRODUCED BIONIQ FOR CEREAL & CANOLA CROP INOCULATION 85
6.12 KEY CONFERENCES AND EVENTS 85
TABLE 16 KEY CONFERENCES AND EVENTS IN INOCULANTS MARKET, 2023 85
6.13 TARIFF AND REGULATORY LANDSCAPE 86
TABLE 17 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 18 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
TABLE 19 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
TABLE 20 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
6.14 REGULATORY FRAMEWORK 88
6.14.1 NORTH AMERICA 88
6.14.1.1 US 88
6.14.1.2 Canada 89
6.14.2 EUROPE 90
6.14.3 ASIA PACIFIC 90
6.14.3.1 China 90
6.14.3.2 Australia & New Zealand 91
TABLE 21 ENVIRONMENTAL STUDY ISSUES TO BE CONSIDERED IN APPLICATION 91
6.14.3.3 India 92
6.14.4 SOUTH AMERICA 92
6.14.4.1 Brazil 92
6.15 KEY STAKEHOLDERS AND BUYING CRITERIA 92
6.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 92
FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY CROP TYPE 93
TABLE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE CROP TYPES 93
6.15.2 BUYING CRITERIA 93
TABLE 23 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS 93
FIGURE 27 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS 94
7 INOCULANTS MARKET, BY TYPE 95
7.1 INTRODUCTION 96
FIGURE 28 INOCULANTS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 96
TABLE 24 INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 97
TABLE 25 INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 97
TABLE 26 INOCULANTS MARKET, BY TYPE, 2017–2021 (KT) 97
TABLE 27 INOCULANTS MARKET, BY TYPE, 2022–2027 (KT) 97
7.2 AGRICULTURAL INOCULANTS 98
TABLE 28 AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 98
TABLE 29 AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 98
TABLE 30 AGRICULTURAL INOCULANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 99
TABLE 31 AGRICULTURAL INOCULANTS MARKET, BY REGION, 2022–2027 (USD MILLION) 99
TABLE 32 AGRICULTURAL INOCULANTS MARKET, BY REGION, 2017–2021 (KT) 99
TABLE 33 AGRICULTURAL INOCULANTS MARKET, BY REGION, 2022–2027 (KT) 100
7.2.1 PLANT GROWTH-PROMOTING MICROORGANISMS 100
7.2.1.1 PGPM to help improve crop productivity by enhancing nutrient uptake and soil quality improvement 100
7.2.2 BIOCONTROL AGENTS 100
7.2.2.1 Increase in usage to suppress a broad spectrum of bacterial, fungal, and nematodal diseases 100
7.2.3 PLANT-RESISTANCE STIMULANTS 101
7.2.3.1 Stimulants to reduce water consumption, enhance appearance of crops, increase yield, and protect plants from diseases 101
7.3 SILAGE INOCULANTS 101
TABLE 34 SILAGE INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 101
TABLE 35 SILAGE INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 102
TABLE 36 SILAGE INOCULANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 102
TABLE 37 SILAGE INOCULANTS MARKET, BY REGION, 2022–2027 (USD MILLION) 102
TABLE 38 SILAGE INOCULANTS MARKET, BY REGION, 2017–2021 (KT) 103
TABLE 39 SILAGE INOCULANTS MARKET, BY REGION, 2022–2027 (KT) 103
7.3.1 HOMOFERMENTATIVE 103
7.3.1.1 Homofermentative inoculants to help in faster and more efficient fermentation producing mostly lactic acid 103
7.3.2 HETEROFERMENTATIVE 104
7.3.2.1 Heterofermentative inoculants to aid in keeping silage from heating in warm weather 104
8 INOCULANTS MARKET, BY MICROBE 105
8.1 INTRODUCTION 106
FIGURE 29 INOCULANTS MARKET, BY MICROBE, 2022 VS. 2027 (USD MILLION) 106
TABLE 40 INOCULANTS MARKET, BY MICROBE, 2017–2021 (USD MILLION) 106
TABLE 41 INOCULANTS MARKET, BY MICROBE, 2022–2027 (USD MILLION) 107
8.2 BACTERIAL 107
8.2.1 BACTERIAL INOCULANTS TO REPLACE FERTILIZERS TO INCREASE CROP PRODUCTIVITY 107
TABLE 42 BACTERIAL INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 107
TABLE 43 BACTERIAL INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 108
TABLE 44 BACTERIAL INOCULANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 108
TABLE 45 BACTERIAL INOCULANTS MARKET, BY REGION, 2022–2027 (USD MILLION) 108
8.2.2 MODE OF ACTION 109
8.2.2.1 Nitrogen fixation 109
8.2.2.2 Phosphate solubilization 109
8.2.2.3 Sequestering iron 109
8.2.2.4 Modulating phytohormone levels 109
8.2.3 TYPES OF BACTERIAL SOURCES 109
8.2.3.1 Rhizobacteria 109
8.2.3.2 Phosphobacteria 109
8.2.3.3 Azotobacter 110
8.2.3.4 Lactobacillus 110
8.2.3.5 Pediococcus 110
8.2.3.6 Enterococcus 110
8.2.3.7 Other bacterial 110
8.3 FUNGAL 111
8.3.1 INOCULANTS TO RELEASE ENZYMES THAT HELP PLANTS BREAK DOWN NUTRIENTS INTO MORE EASILY UTILIZED FORMS 111
TABLE 46 FUNGAL INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 111
TABLE 47 FUNGAL INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 111
TABLE 48 FUNGAL INOCULANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 112
TABLE 49 FUNGAL INOCULANTS MARKET, BY REGION, 2022–2027 (USD MILLION) 112
8.3.2 TYPES OF FUNGAL SOURCES 112
8.3.2.1 Trichoderma spp. 112
8.3.2.2 Mycorrhiza 112
8.3.2.3 Other fungal 113
8.4 OTHER MICROBES 113
TABLE 50 OTHER MICROBIAL INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 113
TABLE 51 OTHER MICROBIAL INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 113
TABLE 52 OTHER MICROBIAL INOCULANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 114
TABLE 53 OTHER MICROBIAL INOCULANTS MARKET, BY REGION, 2022–2027 (USD MILLION) 114
9 INOCULANTS MARKET, BY CROP TYPE 115
9.1 INTRODUCTION 116
FIGURE 30 INOCULANTS MARKET BY CROP TYPE, 2022 VS. 2027 (USD MILLION) 116
TABLE 54 INOCULANTS MARKET, BY CROP TYPE, 2017–2021 (USD MILLION) 117
TABLE 55 INOCULANTS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION) 117
9.2 CEREALS & GRAINS 117
9.2.1 RISE IN DEMAND FOR CORN AND WHEAT TO FUEL MARKET 117
TABLE 56 CEREAL & GRAIN CROPS MARKET, BY REGION, 2017–2021 (USD MILLION) 118
TABLE 57 CEREAL & GRAIN CROPS MARKET, BY REGION, 2022–2027 (USD MILLION) 118
9.3 OILSEEDS & PULSES 118
9.3.1 INCREASED DEMAND FOR SOYBEAN, CANOLA, PEAS, BEANS, AND OTHER LEGUME CROPS 118
TABLE 58 OILSEED & PULSE CROPS MARKET, BY REGION, 2017–2021 (USD MILLION) 119
TABLE 59 OILSEED & PULSE CROPS MARKET, BY REGION, 2022–2027 (USD MILLION) 119
9.4 FRUITS & VEGETABLES 120
9.4.1 GREATER USE OF ORGANIC INPUTS FOR FRUIT & VEGETABLE PRODUCTION 120
TABLE 60 FRUIT & VEGETABLE CROPS MARKET, BY REGION, 2017–2021 (USD MILLION) 120
TABLE 61 FRUIT & VEGETABLE CROPS MARKET, BY REGION, 2022–2027 (USD MILLION) 121
9.5 FORAGE 121
9.5.1 INOCULANTS TO IMPROVE SILAGE QUALITY BY FACILITATING ENSILING PROCESS 121
TABLE 62 FORAGE CROPS MARKET, BY REGION, 2017–2021 (USD MILLION) 122
TABLE 63 FORAGE CROPS MARKET, BY REGION, 2022–2027 (USD MILLION) 122
9.6 OTHER CROP TYPES 122
TABLE 64 OTHER CROP TYPES MARKET, BY REGION, 2017–2021 (USD MILLION) 123
TABLE 65 OTHER CROP TYPES MARKET, BY REGION, 2022–2027 (USD MILLION) 123
10 INOCULANTS MARKET, BY FORM 124
10.1 INTRODUCTION 125
FIGURE 31 INOCULANTS MARKET, BY FORM, 2022 VS. 2027 (USD MILLION) 125
TABLE 66 INOCULANTS MARKET, BY FORM, 2017–2021 (USD MILLION) 125
TABLE 67 INOCULANTS MARKET, BY FORM, 2022–2027 (USD MILLION) 126
10.2 DRY 126
10.2.1 LOW PRICE AND EASY STORAGE PROPERTIES TO DRIVE DEMAND 126
TABLE 68 DRY INOCULANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 126
TABLE 69 DRY INOCULANTS MARKET, BY REGION, 2022–2027 (USD MILLION) 127
10.3 LIQUID 127
10.3.1 EASE IN APPLICATION TO FOSTER SEGMENT GROWTH 127
TABLE 70 LIQUID INOCULANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 127
TABLE 71 LIQUID INOCULANTS MARKET, BY REGION, 2022–2027 (USD MILLION) 128
11 INOCULANTS MARKET, BY MODE OF APPLICATION 129
11.1 INTRODUCTION 129
11.2 SEED TREATMENT 129
11.3 SOIL TREATMENT 129
11.4 OTHER MODES OF APPLICATION 130
12 INOCULANTS MARKET, BY REGION 131
12.1 INTRODUCTION 132
FIGURE 32 INOCULANTS MARKET GROWTH RATE, BY KEY COUNTRY, 2022–2027 133
TABLE 72 INOCULANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 133
TABLE 73 INOCULANTS MARKET, BY REGION, 2022–2027 (USD MILLION) 134
TABLE 74 INOCULANTS MARKET, BY REGION, 2017–2021 (KT) 134
TABLE 75 INOCULANTS MARKET, BY REGION, 2022–2027 (KT) 134
12.2 NORTH AMERICA 135
FIGURE 33 NORTH AMERICA: INOCULANTS MARKET SNAPSHOT 136
12.2.1 RECESSION IMPACT ANALYSIS 136
FIGURE 34 NORTH AMERICA: RECESSION IMPACT ANALYSIS 138
TABLE 76 NORTH AMERICA: INOCULANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 138
TABLE 77 NORTH AMERICA: INOCULANTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 139
TABLE 78 NORTH AMERICA: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 139
TABLE 79 NORTH AMERICA: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 139
TABLE 80 NORTH AMERICA: INOCULANTS MARKET, BY TYPE, 2017–2021 (KT) 139
TABLE 81 NORTH AMERICA: INOCULANTS MARKET, BY TYPE, 2022–2027 (KT) 140
TABLE 82 NORTH AMERICA: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 140
TABLE 83 NORTH AMERICA: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 140
TABLE 84 NORTH AMERICA: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 140
TABLE 85 NORTH AMERICA: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 141
TABLE 86 NORTH AMERICA: INOCULANTS MARKET, BY FORM, 2017–2021 (USD MILLION) 141
TABLE 87 NORTH AMERICA: INOCULANTS MARKET, BY FORM, 2022–2027 (USD MILLION) 141
TABLE 88 NORTH AMERICA: INOCULANTS MARKET, BY MICROBE, 2017–2021 (USD MILLION) 141
TABLE 89 NORTH AMERICA: INOCULANTS MARKET, BY MICROBE, 2022–2027 (USD MILLION) 142
TABLE 90 NORTH AMERICA: INOCULANTS MARKET, BY CROP TYPE, 2017–2021 (USD MILLION) 142
TABLE 91 NORTH AMERICA: INOCULANTS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION) 142
12.2.2 US 143
12.2.2.1 US to be largest market for inoculants due to awareness of advantages and high silage production 143
TABLE 92 US: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 143
TABLE 93 US: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 144
12.2.3 CANADA 144
12.2.3.1 Increase in demand for meat and dairy products to contribute to market growth 144
TABLE 94 CANADA: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 144
TABLE 95 CANADA: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 145
12.2.4 MEXICO 145
12.2.4.1 Advantages of inoculants in combating silage losses to offer high growth opportunities 145
TABLE 96 MEXICO: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 145
TABLE 97 MEXICO: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 146
12.3 EUROPE 146
12.3.1 RECESSION IMPACT ANALYSIS 147
FIGURE 35 EUROPE: RECESSION IMPACT ANALYSIS 148
TABLE 98 EUROPE: INOCULANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 149
TABLE 99 EUROPE: INOCULANTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 149
TABLE 100 EUROPE: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 149
TABLE 101 EUROPE: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 150
TABLE 102 EUROPE: INOCULANTS MARKET, BY TYPE, 2017–2021 (KT) 150
TABLE 103 EUROPE: INOCULANTS MARKET, BY TYPE, 2022–2027 (KT) 150
TABLE 104 EUROPE: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 150
TABLE 105 EUROPE: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 151
TABLE 106 EUROPE: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 151
TABLE 107 EUROPE: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 151
TABLE 108 EUROPE: INOCULANTS MARKET, BY FORM, 2017–2021 (USD MILLION) 151
TABLE 109 EUROPE: INOCULANTS MARKET, BY FORM, 2022–2027 (USD MILLION) 152
TABLE 110 EUROPE: INOCULANTS MARKET, BY MICROBE, 2017–2021 (USD MILLION) 152
TABLE 111 EUROPE: INOCULANTS MARKET, BY MICROBE, 2022–2027 (USD MILLION) 152
TABLE 112 EUROPE: INOCULANTS MARKET, BY CROP TYPE, 2017–2021 (USD MILLION) 152
TABLE 113 EUROPE: INOCULANTS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION) 153
12.3.2 GERMANY 153
12.3.2.1 Rise in demand for organic foods to drive market 153
TABLE 114 GERMANY: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 153
TABLE 115 GERMANY: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 154
12.3.3 FRANCE 154
12.3.3.1 Increase in growth of organic farmland area year-on-year to fuel market 154
TABLE 116 FRANCE: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 154
TABLE 117 FRANCE: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 154
12.3.4 UK 155
12.3.4.1 Continuous rise in sale of organic food products to foster market 155
TABLE 118 UK: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 155
TABLE 119 UK: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 155
12.3.5 RUSSIA 155
12.3.5.1 Increased focus on organic food and meat production to boost market 155
TABLE 120 RUSSIA: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 156
TABLE 121 RUSSIA: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 156
12.3.6 SPAIN 156
12.3.6.1 Ranked among top ten markets for organic products 156
TABLE 122 SPAIN: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 157
TABLE 123 SPAIN: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 157
12.3.7 ITALY 157
12.3.7.1 Higher organic food consumption due to rise in health concerns 157
TABLE 124 ITALY: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 158
TABLE 125 ITALY: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 158
12.3.8 DENMARK 158
12.3.8.1 Investments by government in organic farming to propel market 158
TABLE 126 DENMARK: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 158
TABLE 127 DENMARK: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 159
12.3.9 REST OF EUROPE 159
TABLE 128 REST OF EUROPE: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 159
TABLE 129 REST OF EUROPE: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 159
12.4 ASIA PACIFIC 160
12.4.1 RECESSION IMPACT ANALYSIS 160
FIGURE 36 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 161
TABLE 130 ASIA PACIFIC: INOCULANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 162
TABLE 131 ASIA PACIFIC: INOCULANTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 162
TABLE 132 ASIA PACIFIC: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 162
TABLE 133 ASIA PACIFIC: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 163
TABLE 134 ASIA PACIFIC: INOCULANTS MARKET, BY TYPE, 2017–2021 (KT) 163
TABLE 135 ASIA PACIFIC: INOCULANTS MARKET, BY TYPE, 2022–2027 (KT) 163
TABLE 136 ASIA PACIFIC: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 163
TABLE 137 ASIA PACIFIC: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 164
TABLE 138 ASIA PACIFIC: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 164
TABLE 139 ASIA PACIFIC: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 164
TABLE 140 ASIA PACIFIC: INOCULANTS MARKET, BY FORM, 2017–2021 (USD MILLION) 164
TABLE 141 ASIA PACIFIC: INOCULANTS MARKET, BY FORM, 2022–2027 (USD MILLION) 165
TABLE 142 ASIA PACIFIC: INOCULANTS MARKET, BY MICROBE, 2017–2021 (USD MILLION) 165
TABLE 143 ASIA PACIFIC: INOCULANTS MARKET, BY MICROBE, 2022–2027 (USD MILLION) 165
TABLE 144 ASIA PACIFIC: INOCULANTS MARKET, BY CROP TYPE, 2017–2021 (USD MILLION) 165
TABLE 145 ASIA PACIFIC: INOCULANTS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION) 166
12.4.2 CHINA 166
12.4.2.1 Increase in organic food market to drive demand for agricultural inoculants 166
TABLE 146 CHINA: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 166
TABLE 147 CHINA: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 167
12.4.3 INDIA 167
12.4.3.1 Growth in poultry industry to foster demand for silage inoculants 167
TABLE 148 INDIA: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 167
TABLE 149 INDIA: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 168
12.4.4 JAPAN 168
12.4.4.1 Significant demand for both agricultural and silage inoculants to make it fastest-growing Asia Pacific market 168
TABLE 150 JAPAN: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 168
TABLE 151 JAPAN: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 169
12.4.5 AUSTRALIA & NEW ZEALAND 169
12.4.5.1 Australia’s booming organic food industry and New Zealand’s dairy industry to drive demand for inoculants 169
TABLE 152 AUSTRALIA & NEW ZEALAND: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 169
TABLE 153 AUSTRALIA & NEW ZEALAND: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 170
12.4.6 INDONESIA 170
12.4.6.1 Growth in demand for meat to fuel demand for silage inoculants 170
TABLE 154 INDONESIA: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 170
TABLE 155 INDONESIA: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 170
12.4.7 REST OF ASIA PACIFIC 171
TABLE 156 REST OF ASIA PACIFIC: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 171
TABLE 157 REST OF ASIA PACIFIC: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 171
12.5 SOUTH AMERICA 171
FIGURE 37 SOUTH AMERICA: INOCULANTS MARKET SNAPSHOT 172
12.5.1 RECESSION IMPACT ANALYSIS 173
FIGURE 38 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 174
TABLE 158 SOUTH AMERICA: INOCULANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 174
TABLE 159 SOUTH AMERICA: INOCULANTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 175
TABLE 160 SOUTH AMERICA: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 175
TABLE 161 SOUTH AMERICA: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 175
TABLE 162 SOUTH AMERICA: INOCULANTS MARKET, BY TYPE, 2017–2021 (KT) 175
TABLE 163 SOUTH AMERICA: INOCULANTS MARKET, BY TYPE, 2022–2027 (KT) 176
TABLE 164 SOUTH AMERICA: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 176
TABLE 165 SOUTH AMERICA: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 176
TABLE 166 SOUTH AMERICA: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 176
TABLE 167 SOUTH AMERICA: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 177
TABLE 168 SOUTH AMERICA: INOCULANTS MARKET, BY FORM, 2017–2021 (USD MILLION) 177
TABLE 169 SOUTH AMERICA: INOCULANTS MARKET, BY FORM, 2022–2027 (USD MILLION) 177
TABLE 170 SOUTH AMERICA: INOCULANTS MARKET, BY MICROBE, 2017–2021 (USD MILLION) 177
TABLE 171 SOUTH AMERICA: INOCULANTS MARKET, BY MICROBE, 2022–2027 (USD MILLION) 178
TABLE 172 SOUTH AMERICA: INOCULANTS MARKET, BY CROP TYPE, 2017–2021 (USD MILLION) 178
TABLE 173 SOUTH AMERICA: INOCULANTS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION) 178
12.5.2 BRAZIL 179
12.5.2.1 Demand for organic food products to lead to an increase in organic farming in region 179
TABLE 174 BRAZIL: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 179
TABLE 175 BRAZIL: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 179
12.5.3 ARGENTINA 180
12.5.3.1 Increase in demand for organic products to fuel growth 180
TABLE 176 ARGENTINA: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 180
TABLE 177 ARGENTINA: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 181
12.5.4 CHILE 181
12.5.4.1 Shift toward organic farming due to increasing demand from consumers and exports to propel market 181
TABLE 178 CHILE: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 181
TABLE 179 CHILE: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 181
12.5.5 REST OF SOUTH AMERICA 182
TABLE 180 REST OF SOUTH AMERICA: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 182
TABLE 181 REST OF SOUTH AMERICA: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 182
12.6 REST OF THE WORLD (ROW) 182
12.6.1 RECESSION IMPACT ANALYSIS 183
FIGURE 39 ROW: RECESSION IMPACT ANALYSIS 184
TABLE 182 ROW: INOCULANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 184
TABLE 183 ROW: INOCULANTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 185
TABLE 184 ROW: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 185
TABLE 185 ROW: INOCULANTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 185
TABLE 186 ROW: INOCULANTS MARKET, BY TYPE, 2017–2021 (KT) 185
TABLE 187 ROW: INOCULANTS MARKET, BY TYPE, 2022–2027 (KT) 186
TABLE 188 ROW: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 186
TABLE 189 ROW: AGRICULTURAL INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 186
TABLE 190 ROW: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2017–2021 (USD MILLION) 186
TABLE 191 ROW: SILAGE INOCULANTS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION) 187
TABLE 192 ROW: INOCULANTS MARKET, BY FORM, 2017–2021 (USD MILLION) 187
TABLE 193 ROW: INOCULANTS MARKET, BY FORM, 2022–2027 (USD MILLION) 187
TABLE 194 ROW: INOCULANTS MARKET, BY MICROBE, 2017–2021 (USD MILLION) 187
TABLE 195 ROW: INOCULANTS MARKET, BY MICROBE, 2022–2027 (USD MILLION) 188
TABLE 196 ROW: INOCULANTS MARKET, BY CROP TYPE, 2017–2021 (USD MILLION) 188
TABLE 197 ROW: INOCULANTS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION) 188
12.6.2 MIDDLE EAST 189
12.6.2.1 Advancements in agricultural industry in Israel, Egypt, and Morocco to boost growth 189
TABLE 198 MIDDLE EAST: INOCULANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 189
TABLE 199 MIDDLE EAST: INOCULANTS MARKET15 ADJACENT AND RELATED MARKETS 264
15.1 INTRODUCTION 264
TABLE 273 ADJACENT MARKETS TO INOCULANTS MARKET 264
15.2 STUDY LIMITATIONS 264
15.3 BIOSTIMULANTS MARKET 264
15.3.1 MARKET DEFINITION 264
15.3.2 MARKET OVERVIEW 265
TABLE 274 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2020–2027 (USD MILLION) 265
15.4 BIOFERTILIZERS MARKET 266
15.4.1 MARKET DEFINITION 266
15.4.2 MARKET OVERVIEW 266
TABLE 275 BIOFERTILIZERS MARKET, BY TYPE, 2019–2026 (USD MILLION) 266
16 APPENDIX 267
16.1 DISCUSSION GUIDE 267
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 271
16.3 CUSTOMIZATION OPTIONS 273
16.4 RELATED REPORTS 273
16.5 AUTHOR DETAILS 274