Report Overview
Microbial agricultural inoculants, commonly referred to as soil inoculants, are agricultural products that leverage beneficial microorganisms, such as bacteria, fungi, and other microbes, to enhance plant growth and soil health. These inoculants often involve microorganisms that engage in symbiotic relationships with plants, benefiting both the microbes and the plants involved through mutualism. The microbes within these inoculants work by improving nutrient absorption, enhancing soil structure, promoting plant disease resistance, and increasing crop yield.
Market Shares
The global microbial agricultural inoculants market has seen significant growth and is expected to continue its upward trajectory. In 2024, the market was valued at USD 4.23 billion, with expectations to grow at a compound annual growth rate (CAGR) of 12.00%, reaching an estimated USD 10.47 billionby2032.
Key Company
• BASF
• Bayer
• Corteva
• Novozymes
• ABM
• BIO-CAT
• TerraMax
• XiteBio Technologies
Market Segmentation (by Application)
• Oilseeds and Pulses
• Fruits and Vegetables
• Cereals and Grains
• Market Segmentation (by Type)
• Soil Inoculation
• Seed Inoculation
Geographic Segmentation
• North America: USA, Canada, Mexico
• Europe: Germany, UK, France, Russia, Italy, Rest of Europe
• Asia-Pacific: China, Japan, South Korea, India, SoutheastAsia, Rest ofAsia-Pacific
• South America: Brazil,Argentina, Colombia, Rest of SouthAmerica
• Middle East and Africa: SaudiArabia, UAE, Egypt, Nigeria, SouthAfrica, Rest of MEA
https://www.statsmarketresearch.com/global-microbialagricultural-inoculants-forecast-2025-2032-853-8029686
