1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 STUDY SCOPE 22
1.4 PERIODIZATION CONSIDERED 24
1.5 CURRENCY CONSIDERED 25
1.6 STAKEHOLDERS 25

2 RESEARCH METHODOLOGY 26
2.1 RESEARCH DATA 26
2.1.1 SECONDARY DATA 27
2.1.1.1 Key Data from Secondary Sources 27
2.1.2 PRIMARY DATA 28
2.1.2.1 Key Data from Primary Sources 28
2.1.2.2 Breakdown of Primaries 28
2.2 MARKET SIZE ESTIMATION 29
2.2.1 BOTTOM-UP APPROACH 29
2.2.2 TOP-DOWN APPROACH 30
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 31
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 32
2.4.1 ASSUMPTIONS 32
2.4.2 LIMITATIONS OF THE STUDY 33

3 EXECUTIVE SUMMARY 34

4 PREMIUM INSIGHTS 40
4.1 OPPORTUNITIES IN THE AGRICULTURAL MICROBIALS MARKET 40
4.2 AGRICULTURAL MICROBIALS MARKET, BY FORMULATION 41
4.3 NORTH AMERICA: AGRICULTURAL MICROBIALS MARKET, BY KEY COUNTRY & TYPE 41
4.4 AGRICULTURAL MICROBIALS MARKET, BY CROP TYPE & REGION 42
4.5 AGRICULTURAL MICROBIALS MARKET: MAJOR REGIONAL SUBMARKETS 43

5 MARKET OVERVIEW 44
5.1 INTRODUCTION 44
5.2 MACROECONOMIC INDICATORS 45
5.2.1 INCREASE IN PRODUCTION OF HORTICULTURAL CROPS 45
5.2.2 INCREASE IN USAGE OF AGRICULTURAL BIOLOGICALS 46
5.3 MARKET DYNAMICS 46
5.3.1 DRIVERS 47
5.3.1.1 Rise in adoption of integrated pest management practices across the globe 47
5.3.1.2 Lower development costs for microbial as compared to that of chemical solutions 48
5.3.1.3 Target specificity of microbial crop protectants 48
5.3.1.4 Rise in the trend of adopting organic farming practices 48
5.3.2 RESTRAINTS 49
5.3.2.1 Shorter shelf life and complex storage requirements of microbial products to discourage its usage for cultivation 49
5.3.2.2 Low awareness among farmer pertaining to biofertilizers and high labor costs 50
5.3.3 OPPORTUNITIES 50
5.3.3.1 Significant development in the seed treatment segment 50
5.3.3.2 Investments being made in research by key market players 50
5.3.4 CHALLENGES 51
5.3.4.1 Unorganized markets and the easy availability of cheaper chemical fertilizers that act as substitutes 51
5.3.4.2 Regulatory barriers 51

6 AGRICULTURAL MICROBIALS MARKET, BY TYPE 52
6.1 INTRODUCTION 53
6.2 BACTERIA 55
6.2.1 BACILLUS SPP. 55
6.2.2 RHIZOBIUM SPP. 56
6.2.3 OTHER BACTERIA 56
6.3 FUNGI 57
6.3.1 TRICHODERMA SPP. 57
6.3.2 MYCORRHIZAL FUNGI 57
6.3.3 OTHER FUNGI 58
6.4 VIRUSES 58
6.5 PROTOZOA 59

7 AGRICULTURAL MICROBIALS MARKET, BY FUNCTION 60
7.1 INTRODUCTION 61
7.2 SOIL AMENDMENT 62
7.2.1 BIOFERTILIZERS 63
7.2.1.1 The market for microbial biofertilizers is witnessing a high demand for nitrogen and phosphorous biofertilizers 63
7.2.2 BIOSTIMULANTS 64
7.2.2.1 The ease of application and smaller quantities required are factors driving the demand for microbial biostimulants 64
7.3 CROP PROTECTION 65
7.3.1 BIOINSECTICIDES 66
7.3.1.1 Food security and high-quality are the pressing issues globally for the safety of products that witness a high demand 66
7.3.2 BIOFUNGICIDES 67
7.3.2.1 Development of new and innovative products with various benefits to drive the growth of the microbial fungicides market 67
7.3.3 BIOHERBICIDES 68
7.3.3.1 The market for bioherbicides is yet to witness stable growth in various countries with ongoing studies on the development of beneficial microbial and biological products 68
7.3.4 BIONEMATICIDES 69
7.3.4.1 Slow growth in the market due to fewer bionematicidal products in the market 69
7.3.5 OTHER CROP PROTECTION FUNCTIONS 70
7.3.5.1 Due to the lesser usage of other kinds of microbial products, the market remains small yet is growing slowly 70

8 AGRICULTURAL MICROBIALS MARKET, BY CROP TYPE 71
8.1 INTRODUCTION 72
8.2 CEREALS & GRAINS 79
8.2.1 HIGHER NUTRIENT CONTENT ACHIEVED BY THE USE OF BIOLOGICALS AND MICROBIALS TO FUEL THE DEMAND 79
8.3 OILSEEDS & PULSES 81
8.3.1 HIGH EFFICIENCY OF MICROBIALS IN CROP PROTECTION AND NUTRITION FUELS THEIR USAGE IN THE CULTIVATION OF OILSEEDS & PULSES 81
8.4 FRUITS & VEGETABLES 82
8.4.1 USE OF MICROBIALS FOR PRODUCING FRUITS & VEGETABLES IS GROWING SIGNIFICANTLY DUE TO INCREASED DEMAND OF PRODUCTION 82
8.5 OTHER CROP TYPES 84
8.5.1 MARKET FOR MICROBIALS IN TURFS, FORAGES, AND ORNAMENTALS GROWING SLOWLY WITH INCREASING USAGE IN URBAN AREAS 84

9 AGRICULTURAL MICROBIALS MARKET, BY MODE OF APPLICATION 86
9.1 INTRODUCTION 87
9.2 FOLIAR SPRAY 88
9.2.1 FOLIAR SPRAY IS ACTIVELY ADOPTED DUE TO ITS WIDE RANGE OF BENEFITS 88
9.3 SOIL TREATMENT 89
9.3.1 LESSER USE OF SOIL TREATMENT METHOD SEEN IN THE MARKET DUE TO ECOLOGICAL AND PHYSICAL RESTRAINTS 89
9.4 SEED TREATMENT 90
9.4.1 INCREASING USE OF SEED TREATMENT METHOD DUE TO BENEFITS SUCH AS LESSER QUANTITY OF CROP INPUTS NEEDED 90
9.5 POST-HARVEST 91
9.5.1 APPLICATION OF FERTILIZERS POST-HARVEST IS INCREASINGLY ADOPTED TO AVOID HUGE PRODUCT LOSSES THAT FARMERS FACE WORLDWIDE 91

10 AGRICULTURAL MICROBIALS MARKET, BY FORMULATION 92
10.1 INTRODUCTION 93
10.2 DRY 95
10.2.1 THE USE OF DRY FERTILIZERS DUE TO THEIR UNIFORM NUTRIENT DISTRIBUTION PROPERTY 95
10.2.2 DRY GRANULES 95
10.2.3 WATER DISPERSIBLE GRANULES 96
10.2.4 WATER DISPERSIBLE GRANULES 96
10.3 LIQUID 97
10.3.1 THE LIQUID AGRICULTURAL MICROBIALS MARKET IS WELL DEVELOPED FOR CONVENTIONAL FERTILIZERS AND IS DEVELOPING FOR MICROBIAL FERTILIZERS DUE TO ITS INCREASING USAGE 97
10.3.2 EMULSIFIABLE CONCENTRATES 97
10.3.3 SUSPENSION CONCENTRATES 97
10.3.4 SOLUBLE LIQUID CONCENTRATES 97

11 AGRICULTURAL MICROBIALS MARKET, BY REGION 99
11.1 INTRODUCTION 100
11.2 NORTH AMERICA 102
11.2.1 US 105
11.2.1.1 The presence of leading companies and rising demand for organic products driving the growth of the market 105
11.2.2 CANADA 106
11.2.2.1 Growing number of organic farms drive the demand for biofertilizers and biopesticides 106
11.2.3 MEXICO 108
11.2.3.1 Growth of commercialized farms and supportive governmental policies driving the growth of the Agricultural microbials market 108
11.3 EUROPE 109
11.3.1 SPAIN 112
11.3.1.1 Strong policy support and well-managed agricultural farmlands for the adoption of sustainable farming solutions 112
11.3.2 FRANCE 114
11.3.2.1 Increasing adoption of sustainable farming practices in the agricultural sector 114
11.3.3 GERMANY 115
11.3.3.1 Increased adoption of sustainable farming practices to result in high growth potential in the country 115
11.3.4 ITALY 117
11.3.4.1 Significant use of microbials in horticulture and the development of organic farming practices 117
11.3.5 UK 118
11.3.5.1 The UK remains a developing market for agricultural microbials, with farmers slowly adopting organic practices 118
11.3.6 REST OF EUROPE 120
11.4 ASIA PACIFIC 121
11.4.1 AUSTRALIA 124
11.4.1.1 The country has a well-established and strong market conditions for the growth of agricultural microbials market 124
11.4.2 CHINA 126
11.4.2.1 Efforts to raise sustainable farming practices has a growing market for microbials in the region 126
11.4.3 INDIA 127
11.4.3.1 Supportive efforts of the government to promote the use of biological products 127
11.4.4 JAPAN 129
11.4.4.1 Rise in food security and quality concerns among the population to drive the market for microbials in crop cultivation 129
11.4.5 REST OF ASIA PACIFIC 130
11.5 SOUTH AMERICA 132
11.5.1 ARGENTINA 134
11.5.1.1 Argentina, to maintain its export competitiveness, has a steadily developing market for agricultural microbials 134
11.5.2 BRAZIL 135
11.5.2.1 Well-developed agrarian systems drive the demand for microbial innovation 135
11.5.3 REST OF SOUTH AMERICA 137
11.5.3.1 Developing scope for the microbials market with developing focus of government to enhance agriculture in the countries 137
11.6 REST OF THE WORLD 138
11.6.1 SOUTH AFRICA 140
11.6.1.1 The country witnesses a slow growth in the market due to improper government support and resource management 140
11.6.2 OTHERS IN ROW 141
11.6.2.1 Government initiatives for the usage of biological products to widen the growth scope for manufacturers of agricultural microbials 141
12 COMPETITIVE LANDSCAPE 143
12.1 OVERVIEW 143
12.2 COMPANY RANKING 146
12.3 COMPETITIVE LEADERSHIP MAPPING 147
12.3.1 DYNAMIC DIFFERENTIATORS 147
12.3.2 INNOVATORS 147
12.3.3 VISIONARY LEADERS 148
12.3.4 EMERGING COMPANIES 148
12.4 COMPETITIVE LEADERSHIP MAPPING (FOR SME?S/START-UPS) 150
12.4.1 PROGRESSIVE COMPANIES 150
12.4.2 STARTING BLOCKS 150
12.4.3 RESPONSIVE COMPANIES 150
12.4.4 DYNAMIC COMPANIES 150
12.5 COMPETITIVE SCENARIO 152
12.5.1 NEW PRODUCT LAUNCHES 152
12.5.2 EXPANSIONS 153
12.5.3 ACQUISITIONS 154
12.5.4 AGREEMENTS 154

13 COMPANY PROFILES 155
13.1 BASF SE 155
13.2 BAYER CROPSCIENCE 159
13.3 MONSANTO COMPANY 163
13.4 SUMITOMO CHEMICALS COMPANY LTD. 166
13.5 CORTEVA AGRISCIENCE 169
13.6 SYNGENTA AG 172
13.7 UPL LTD. 174
13.8 NOVOZYMES 177
13.9 CHR. HANSEN HOLDINGS A/S 179
13.10 ISAGRO S.P.A. 181
13.11 VERDESIAN LIFE SCIENCES LLC 183
13.12 VALENT BIOSCIENCES LLC 185
13.13 CERTIS USA LLC 187
13.14 MARRONE BIO INNOVATIONS 189
13.15 BIOWORKS INC. 192
13.16 KOPPERT BIOLOGICAL SYSTEMS B.V 194
13.17 LALLEMAND PLANT CARE 196
13.18 AGRILIFE BIOSOLUTIONS LTD. 198
13.19 WILBUR-ELLIS HOLDINGS INC. 200
13.20 PIVOT BIO 202

14 APPENDIX 203
14.1 DISCUSSION GUIDE 203
14.3 AVAILABLE CUSTOMIZATIONS 208
14.4 RELATED REPORTS 209
14.5 AUTHOR DETAILS 210