Agricultural Biologicals Market, Revenue Share, Key Growth Trends, Major Players, and Forecast, 2020–2028
The global agricultural biologicals market size is expected to reach USD 27.6 Billion by 2028 and register a CAGR of 13.5% over the forecast period, according to a latest report by Reports and Data. Rising preference for various types of organic products, rapid adoption of biologicals in farming and agriculture, increasing awareness regarding the harmful effects of synthetic plant protection products, and high development costs of various synthetic crop protection products are some major factors support market revenue growth. Agricultural biologicals are derived from natural sources such as plant extracts, microorganisms, beneficial insects, and other organic matter. They generally do not leave any harmful residue on crops, and are considered safe. Rising awareness among farmers regarding benefits of biologicals has augmented e demand for these products, which is contributing significantly market revenue growth. Increasing applications of agricultural biologicals in variou...