According to the research report, the global market for agricultural organic products in 2019 was approximately $ 7.2 billion. The market is expected to grow at a CAGR of 9.4% and is expected to reach approximately $ 13.5 billion by 2026.
According to the research report, the Global organic agricultural products market in 2019 was approximately USD 7.2 billion. The market is expected to grow at a CAGR of 9.4% and is expected to reach approximately $ 13.5 billion by 2026.
Organic agricultural products are a form of crop protection derived from natural materials. The growing demand for top quality crops globally has led to the development of crops capable of resisting pest attacks to some extent using agricultural organic products, which has driven the global market. The environmental damage caused by the use of large amounts of harmful chemicals for crop protection creates a demand for organic products that can replace harmful chemicals, thus stimulating the global market for agricultural organic products. In addition, strict government rules and regulations on the use of chemical fertilizers in the agricultural sector are expected to boost the market for agricultural organic products.
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Major players in the industry market
- Isagro SPA
- Bayer AG
- Marrone Bio Innovations
- Vegalab SA
- Valent Biosciences
- SPA Biolchim
- Biobest Group Nv
- Agrinos inc.
- CBF China Bio-Fertilizer AG
- Mapleton Agri Biotec
- Symborg SL
- BASF SE
- Syngenta Crop Protection SA
- Evogene SA
- Stockton Bio-AG
- Rizobacter Argentina SA
- Koppert biological systems
- ermatt Biocontrol SA
- Verdesian Life Sciences LLC
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The global agricultural organic products market is segmented on the basis of product type, crop type, application, and region. The biopesticides category under product type segmentation dominated the segment in 2019 with a market share of over 55% and is expected to grow with a stable CAGR during the forecast period. This growth can be attributed to the increasing use of biopesticides in North America and Europe for lawns, soil and foliage. Grains and grains under segmentation by crop type dominated the segment in 2019 with a market share of over 40% in 2019 due to the growing demand for crops such as corn, wheat, millet, rice and barley around the world. The seed treatment category under application segmentation dominated the segment in 2019 with a market share of around 23% due to the growing demand for agricultural organics to improve seed properties and increase crop yields.
The Agricultural Organics Market research report provides accurate assessment and taxonomy of the Agricultural Organics industry by practically dividing the market on the basis of different product types, crop types, applications, and regions. Through the analysis of historical and projected trends, all segments and sub-segments have been assessed via the bottom-up approach, and different market sizes have been projected for fiscal years 2020 to 2026. Organic agricultural products includes the complete classification of all major continents including North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. In addition, country-specific data for the organic agricultural products industry is provided for the world’s major economies.
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The agricultural organic products market is segmented on the basis of product type, crop type and application. On the basis of segmentation of product types, the market is categorized into biopesticides, biostimulants, biofertilizers, and others. In terms of crop types segmentation, the market is divided into grains and grains, oilseeds and pulses, fruits and vegetables, and others. On the basis of application segmentation, the market is categorized into foliar spraying, seed treatment, soil treatment, and postharvest.
The North America region dominated the global agricultural organic products market in 2019 with a market share of around 35% and is expected to continue to dominate during the forecast period. The growth of the agricultural organic products market in the North America region is attributed to constantly improving agricultural activities such as technological advancements, favorable government regulations, improvement in agricultural techniques, and continuous research and development initiatives. . The Asia-Pacific region is expected to grow with the fastest CAGR during the forecast period due to the emerging agricultural sector in countries such as India, South Korea, Philippines, Japan and Thailand. The increasing trend of consumer preference for organic products along with supporting government initiatives are expected to further boost the Asia-Pacific region market during the forecast period.
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This report segments the agricultural organic products market as follows:
Global Agricultural Organic Products Market: Segmentation Analysis By Product Type
Global Agricultural Organic Products Market: Crop Type Segmentation Analysis
- Cereals and cereals
- Oilseeds & Legumes
- Fruits and vegetables
Global Agricultural Organics Market: Segmentation Analysis By Application
- Foliar spray
- Seed treatment
- Soil treatment
- Post harvest
Main lessons from primary research
- The global market for agricultural organic products is expected to grow annually at a rate of approximately 9.4%
- It was established through primary research that the market generated approximately $ 7.2 billion in revenue in 2019
- The âBiopesticidesâ category, based on segmentation by product type, was the top revenue-generating category in 2019
- The âCereals & Grainsâ category, based on the segmentation of crop types, was the first income-generating category in 2019
- The âSeed Processingâ category, based on application segmentation, was the main revenue-generating category in 2019
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