According to the International Federation of Organic Agriculture Movements (IFOAM), an agricultural biologicals system is defined as an ecologically, socially, and economically sustainable agricultural production system that promotes safe products minimizing environmental adverse consequences and the use of non-renewable natural resources.
The global agricultural biologicals market was estimated at $4,528.19 million in 2014 and is projected to reach $8,951.76 million by 2019, at a CAGR of 14.6% from 2014 to 2019. In the North American region, the U.S. is the key market for agricultural biologicals, having accounted for 71.9 % of the market share in 2014, while in the APAC region, China is the key market with 30.4% of the market share. In Europe, Spain is the key market, having recorded for 23.8 % of the European market in 2014.
In other words, agricultural biologicals are organic and ecological agriculture systems, which discourage the use of synthetic and chemical fertilizers, thereby helping conserve the environment. In these agriculture systems, the use of synthetic fertilizers such as biocides, genetic modifications, and other chemical fertilizers are avoided. The whole biological system is based on organic green manure/residues/animal manure and other ecological methods (bio-control methods) and techniques.
Apart from a general overview of major companies in this market, this report also provides financial analysis, products, services, and key developments of major players in the industry. BASF SE (Germany), Bayer CropScience (Germany), Marrone Bio Innovations, Inc. (U.S.), Novozymes A/S (Denmark), Isagro S.p.A (Italy), Camson Bio Technologies Limited (India), Agrinos AS (Norway), Valent BioSciences Corporation (U.S.), Koppert B.V. (The Netherlands), Certis USA LLC (U.S.), and T. Stanes & Company Limited (India) are some of the leading players that have been covered in the global agricultural biologicals market report.
