MRO Magazine

Research and Markets: North America Agriculture Biologicals Market 2015 by Application, by Types, by Geography – Analysis and Forecast 2019


May 27, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/zf9xx2/north_america) has announced the addition of the “North America Agriculture Biologicals Market by Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), by Types (Biopesticides, Biofertilizers, Biostimulants), by Geography – Analysis and Forecast 2019” report to their offering.

The North America agriculture biologicals market is estimated to grow at a CAGR of 14.4% from 2014 to 2019

The increased food demand has led to extensive chemical use in agricultural practices, which ensure a rich and qualitative yield. However, along with increased yield, the immense impact of the use of chemicals has become apparent. Due to chemical hazards, consumers as well as governmental bodies are hugely emphasizing on chemical-free agricultural pesticides and fertilizers.

In this report, the North America agriculture biologicals market has been broadly discussed by its applications such as cereals & grains, fruits & vegetables, oilseeds & pulses, and rest (crops). The cereals and grains are major application market for North America agriculture biologicals market. The market has been further segmented by types of agriculture biologicals viz. biopesticides, biostimulants and biofertilizers. Among types, the biopesticides has the major share in the North America agriculture biologicals market.

The U.S. is the largest agriculture biologicals market among the North America with market share of 72.47% followed by Mexico and Canada. Mexico also has the highest CAGR% for the estimated period. The North America agriculture biologicals market has been lagging behind Latin America and Asia-Pacific in the global agriculture biologicals market. The adoption of new agricultural practices by farmers depends on certain factors, such as practical viability, economic sustainability, social acceptability, administrative harmony, political obligation, and eco-friendliness. Awareness about biofertilizers and biopesticides among global farmers is very low. Owing to this limited knowledge of advantages offered by the usage of biostimulants, farmers are still following traditional agricultural practices, which in turn are decreasing the demand for agriculture biologicals.

BASF SE (Germany) has major chunk in North America agriculture biologicals market in terms of market share. Bayer CropScience AG (Germany) with market share of 9.32% is not far behind BASF SE (Germany). The other firms such as Isago (Italy), Marrone Bio Innovation Inc. (U.S.), and Novozymes A/S (Denmark) are competing for growing agriculture biologicals market in the region. These companies are engaged in market strategies such as mergers and acquisitions, joint venture, new product development and expansion to increase their market share in the North America agriculture biologicals market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Agriculture Biologicals Market, By Application

6 Agriculture Biologicals Market, By Type

7 Agriculture Biologicals Market, By Geography

8 Agriculture Biologicals Market: Competitive Landscape

9 Agriculture Biologicals Market, By Company

– Basf SE

– Bayer Cropscience AG

– Isagro Spa

– Marrone Bio Innovations Inc.

– Novozymes A/S

For more information visit http://www.researchandmarkets.com/research/zf9xx2/north_america

Research and Markets
Laura Wood, Senior Manager
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Sector: Agrochemicals and Fertilisers