Infinium Global Research has added
a new report on Agricultural
Inoculant Market. The report presents analysis of global as well as
regional markets of agricultural inoculant market over the period of 2016 to
2024. The growing global population is dramatically creating a need for
increased food. The chemical fertilizers used for the production of crops does
not replace many trace elements present in the soil that are gradually
depleting by repeated crop plantings, resulting in long-term damage to the
soil. Agricultural inoculants are an
environment-friendly alternative that can be combined safely with different
types of fertilizers for enhancing the growth of crops. These inoculants are
microbial inoculants used to promote the plant growth. These amendments use
endophytes that are present within the plants and improve plant nutrient
uptake. Inoculants provide a dependable source of beneficial bacteria that
survive in the soil and become available to the plant.
The key driving factors for the
growth of agricultural inoculant market is the rise in demand for
environment-friendly and cost-effective techniques owing to the developments in
the field of sustainable agriculture. The use of agricultural inoculants is of economic
importance to modern agriculture as they can replace costly mineral fertilizers
and chemical pesticides, lowering production cost and reducing environmental
pollution while ensuring higher yields. The lack of awareness about modern
agricultural techniques acts as a hindrance for the growth of the agricultural
inoculant market Moreover, the shifting trend towards organic farming,
increasing awareness about the deficiencies of traditional agricultural
practices and the rate of technological innovations in the agricultural
industry could create an opportunity for the growth of the agricultural
inoculant market.
By geography, Latin America
regions hold the largest share in agricultural inoculant market. North America
is one of the fastest growing agricultural inoculant owing to the sustainable
developments in the agricultural sector. In addition, Asia Pacific is also
expected to gain rapid development in the global agricultural inoculant owing
to the rising demand for organic food products over the forecast period. Moreover,
the growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global agricultural inoculant market
but also make strategic decisions to capture the most lucrative markets in the
near future. The market size is presented in terms of value for the historic
year 2016 and estimated for forecast period of 2018-2024.
Get
15% discount for early purchase of global agricultural inoculant market report
by clicking the following link, Use code IGRD15 to request the discount in the
given form
https://www.infiniumglobalresearch.com/reports/request-discount/1848
The recent report identified that
Latin America dominated the global agricultural inoculant market over the last
couple of years, while emerging markets of Asia-Pacific and Latin America are
anticipated to contribute significantly to the growth in the agricultural
inoculant market worldwide.
The report segments the global
agricultural inoculant market on the basis of Source, Types and Application.
Global Agricultural Inoculant
Market by Source
·
Bacterial Inoculants
·
Fungal Inoculants
·
Fungal Inoculants
Global Agricultural Inoculant
Market by Types
·
Biocontrol Agents
·
Plant Resistant Stimulant
·
Plant Growth Promoting
Microorganisms
Global Agricultural Inoculant
Market by Application
·
Crops
·
Fruits
·
Vegetables
Companies Profiled in the Report
·
BASF
·
Bayer
·
DuPont
·
Novozymes
·
XiteBio Technologies
·
BrettYoung
·
Verdesian Lifesciences, LLC
·
Advanced Biological Marketing,
Inc.
·
Precision Laboratories, LLC
·
Queensland Agricultural Seeds Pty.
Ltd.
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