Soil inoculants are also known as microbial inoculants or bio inoculants which are agricultural amendments that use propitious rhizospheric or endophytic microbes to support plant health. Many of the microbes associated form symbiotic relationships with the target crops where both parties benefit. Various types of microorganisms are utilized in agriculture as nutrient providers, plant growth promoters, and plant-protecting natural elements. Agricultural inoculants are implemented to improve plant nutrition and can likewise be used to promote plant growth by stimulating plant hormone production.
MARKET DYNAMICS
The soil inoculants market has witnessed significant growth owing to factors such as a rise in the demand & popularity of sustainable agriculture, mainly through organic farming. Agricultural inoculants include living microorganisms also their strains, which are mixed with the soil or plant surfaces to accommodate natural protection and nutrient solubilizing, in turn enhancing the plants' growth. The rise in population, mainly in developing countries like China and India, is demanding more food, which is creating an opportunity for sustainable agriculture, and this is further anticipated to accelerate the market growth for soil inoculants. However, lack of awareness towards the benefits of the usage of microbial agricultural inoculants, along with limited availability, may impact the growth of the soil inoculants market. Nevertheless, continuous research & development of new technologies are anticipated to generate opportunities for the global microbial agricultural inoculants market during the forecast period.
MARKET SCOPE
The "Global Soil Inoculants Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the soil inoculants market with detailed market segmentation by type, crop type, and geography. The global soil inoculants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading soil inoculants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global soil inoculants market is segmented on the basis of type and crop type. On the basis of type, the soil inoculants market is segmented into bacterial inoculants and fungal inoculants. The soil inoculants market on the basis of the crop type is classified into oilseeds & pulses, cereals & grains, fruits & vegetables, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global soil inoculants market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The soil inoculants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the soil inoculants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the soil inoculants market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global soil inoculants market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from soil inoculants market are anticipated to lucrative growth opportunities in the future with the rising demand for soil inoculants in the global market. Below mentioned is the list of few companies engaged in the soil inoculants market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the soil inoculants market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Advanced Biological Marketing Inc.
- BASF SE
- Bayer AG
- Brettyoung
- Corteva, Inc.
- Italpollina S.p.A.
- Novozymes A/S
- Rizobacter Argentina S.A.
- Soil Technologies Corporation
- Cargill Incorporated
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