The Europe agricultural biologicals market size is expected to reach USD 6.88 billion in 2024 and reach USD 9.33 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029.
Agricultural biological products help farmers enhance crop yield as well as work along with plant mechanisms to ward off insects and pests, utilize nutrients, and fight against environmental stress to improve productivity, which is going to show market growth during the forecast period. The agricultural biologicals market is going to witness a huge development because of the rising demand for bio-based items in the agricultural sector.
Drivers like a growing population, increasing demand for organic products, increasing spending on R&D efforts, rapid growth in the use of these products in seed treatment, improving yield and productivity, support from the government, and increasing health consciousness are influencing the growth of the market. Restraints such as lack of awareness among the farmers and reluctance to change from existing practices of chemical pesticides act as barriers to the growth of the market.
BASF, Bayer Crop Science, Syngenta, Novozymes A/S, Isagro, Arysta Lifescience Limited, Arysta LifeScience Corporation, Valent BioScience Corporation, Marrone Bio Innovations Inc. Certis, Koppert B.V. These are the market players that are market players dominating the Europe agricultural market.
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