The agriculture biologicals testing market size has grown strongly in recent years. It will grow from $2.48 billion in 2023 to $2.67 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to the rising population, rising adoption of agricultural biologicals, increasing awareness of food safety, rising consumption of natural foods, and rising adoption of integrated pest management. The agriculture biologicals testing market size is expected to see strong growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing consumption of organic food, growing demand for eco-friendly alternatives, increasing demand for high-quality food products, rising use of synthetic chemicals, and growing focus on sustainable soil health management. Major trends in the forecast period include technological advancements, integration of digital technologies, product innovations, enhancing test capabilities, and the development of genetic engineering techniques.
Global Agriculture Biologicals Testing Market Key Driver
The increasing popularity of organic farming is expected to propel the growth of the agriculture biological testing market going forward. Organic farming, which uses natural inputs and practices to grow crops and raise livestock, is gaining popularity due to health, environmental, ethical, and economic factors. Agricultural biologicals play a vital role in organic farming by providing natural solutions for pest control, soil fertility, and crop productivity. For example, in May 2023, the Department Of Environment Food & Rural Affairs reported that the total area under organic farming in the UK reached 509 thousand hectares in 2022, a 0.4% increase from 2021. The growing popularity of organic farming is driving the agriculture biological testing market.
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Global Agriculture Biologicals Testing Market Segments
The agriculture biologicals testing market covered in this report is segmented –
1) By Product Type: Biopesticides, Biofertilizers, Biostimulants
2) By Application: Field Support, Regulatory, Analytical
3) By End-User: Biological Product Manufacturers, Government Agencies, Plant Breeders, Outsourced Contract Research Organization
By Geography:The regions covered in the agriculture biologicals testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the agriculture biologicals testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Agriculture Biologicals Testing Industry Players
Syngenta AG, BASF SE, Bayer AG, Corteva Agriscience, SGS SA, Eurofins Scientific SE, UPL Limited, Bureau Veritas, FMC Corporation, Intertek Group, ALS Limited, Valagro, Syntech Research, Certis U.S.A. LLC, Staphyt SA, RJ Hill Laboratories Ltd., Valent BioSciences Corporation, Sustane natural fertilizer inc, i2LResearch, Andermatt Group AG, Biotecnologie B.T. Srl,
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Agriculture Biologicals Testing Market Overview
Agricultural biological testing refers to the process of evaluating and assessing the efficacy, safety, and quality of biological products used in agriculture. This testing involves various scientific methodologies to ensure these products meet regulatory standards, are effective in their intended applications, and do not pose risks to the environment, humans, or non-target organisms.
Agriculture Biologicals Testing Global Market Report 2023 provides data on the global agriculture biologicals testing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The agriculture biologicals testing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
