Agricultural Microbial Market 2017 Global Trends, Market Share, Industry Size, Growth, Opportunities and Forecast to 2021

PUNE, INDIA, March 8, 2017 /EINPresswire.com/ -- The global agricultural microbial market is expected to grow at a CAGR of 15.5% during 2015-2020 forecast period. The market value is expected to reach USD 4.73 billion by 2020 from an estimated USD 2.3 billion in 2015. Many beneficial soil microbes including bacteria and fungi are readily used in agricultural practices as they help in decomposing organic matter, releasing nitrogen and controlling plant diseases etc. Hence, microbes have got various applications in agricultural sector as biofertilizers, biopesticides, bioinsecticides, biofungicides etc. Along with controlling diseases and pests, agricultural microbials also help in plant growth by availing nutrients like nitrogen and phosphorus.

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The global agricultural microbials market has been segmented on the basis of microbe type, application and by geography. The type segment is explained on the basis of bacteria, fungi, virus and protozoa; the usage of bacteria is highest and is expected to grow substantially in agriculture sector. Bacterial microbes are further segmented into Bacillus thuringiensis, Rhizobium, Bacillus subtilis and others. Major fungi species appointed in agriculture are Trichoderma Spp. and Mycorrhiza. By application, the market consists four crop types- Cereals & Grains, Oilseeds, Fruits & Vegetables and Others. Application of microbes in fruits and vegetables crops accounts for the majority of market share by application.
Key Deliverables of the study:
• Market analysis for the Global Agricultural Microbial Market, with region specific assessments and competition analysis on global and regional scales.
• Market definition along with overview of drivers, restraints and opportunities.
• Extensively researched competitive landscape section along with list of key companies and their market shares.
• Identification and analysis of the macro and micro factors that affect the Global Agricultural Microbial Market on both global and regional scales.

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Key points in table of content
1. Research Methodology
1.1 Methodology
1.2 Definition of the Market
2. Executive Summary
3. Market Dynamics
3.1 Dynamics
3.2 Restraints
3.3 Opportunities
4. Market Segmentation
4.1 By Microbe Type
4.2 By Application Type
5. Regional Market Analysis
6. Market Share Analysis
7. Major Players
8. Appendix

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