With the incidence of pest outbreaks on the rise, the global Agricultural Biologicals Market is expected to reach US$ 20.59 bn by 2026. The market is currently valued at US$ 7.42 bn in 2018. The market will therefore rise at an impressive CAGR of 13.68% between 2019 and 2026. Fortune Business Insights shares its findings in its report, titled “Agricultural Biologicals Market Size, Share and Global Trend By Type (Biopesticides, Biofertilizers, Biostimulants), Source (Microbial, Biochemicals), Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment), Crop Type (Cereals, Oilseeds, Fruits & Vegetables, Turf & Ornamentals) & Geography Forecast till 2026”. The report also incorporates an in-depth analysis of the probable market trends and the factors that will influence the market.
Agricultural biologicals refer to a group of products derived using natural sources such as plant extracts, selected insects, and microorganisms such as fungi and bacteria. The most commonly used biologicals in agriculture include bio-fertilizers, bio-stimulants, and bio-pesticides.
https://www.fortunebusinessinsights.com/industry-reports/agricultural-biologicals-market-100411