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The global agricultural microbial market is expected to grow at a compound annual growth rate of 12.61% over the forecast period to reach a market size of US$9,087.791 million in 2026 from US$3,956.654 million in 2019.
Agricultural microbial refers to the microorganisms used in agriculture to enhance crop productivity and quality of yield. Microbial inoculants used in agriculture have target specific functions, and thus are suitable for use in various crops. They consist of microorganisms such as bacteria, fungi, and viruses that are beneficial for assisting various agricultural practices such as crop protection and soil improvement. Microbes act as an important active ingredient in various biostimulants that help improve crop yields. In recent times, they have emerged as an effective substitute for synthetic agrochemicals. Moreover, they have functional superiority that encourages crop development by comple
Agricultural Micronutrients Market Worth $12.2 billion by 2027- Exclusive Report by Meticulous Research Covering Emerging Growth Factors, Latest Trends and Forecasts, and Pre and Post COVID-19 Estimates Agricultural Micronutrients Market by Type (Zinc, Boron, Iron, Copper, Manganese), Crop Type (Cereals and Grains, Fruits and Vegetables), Form (Non-Chelated, Chelated), Method of Application (Soil Application, Foliar, Fertigation) - Global Forecast to 2027 , published by Meticulous Research
, the agricultural micronutrients market is expected to grow at a CAGR of 8.7% from 2020 to 2027 to reach $12.2 billion by 2027. Also, in terms of volume, the agricultural micronutrients market is expected to grow at a CAGR of 5.8% from 2020 to 2027 to reach 2,013.3 KT by 2027.