The global agricultural microbials market size was US$ 8.5 billion in 2021. The global agricultural microbials market is forecast to grow to US$ 11.9 billion by 2030 by registering a compound annual growth rate (CAGR) of 14.1% during the forecast period from 2022 to 2030.
Microorganisms used in agriculture improve crop productivity and yield quality. These microorganisms are specifically regarded as agricultural microbial. Agriculture's microbial play specific roles, making them suitable for use in a wide range of crops. Agricultural microorganisms are naturally occurring organisms such as bacteria that provide nutrients like phosphorus and nitrogen to plants.

Factors Influencing the Market
The growing need to feed an ever-increasing global population, combined with rising demand for sustainable farming practices and public concern about environmental safety, is one of the driving forces in the agricultural and microbial market.
Moreover, declining lands for farming practices will also drive the demand for the agricultural microbials market during the study period. Further, the discovery of biological alternatives to boost environmental production while reducing environmental pressure will also contribute to the agricultural microbials market growth.
Growing awareness about the importance of agricultural microbials, majorly for pest management practices, will drive the agricultural microbials market forward. In addition to that, rising consumer demand for organic food and rapidly growing use of organic farming will benefit the agricultural microbials market during the study period.
High cost and counterfeit products may limit the growth of the agricultural microbials market during the study period.

COVID-19 Impact Analysis
Demand for effective agricultural practices increased during the COVID-19 pandemic to increase crop yield. Furthermore, food demand increased abruptly after the COVID-19 outbreak, which created a substantial burden on the entire agriculture sector. Thus, it had been opportunistic for the agricultural microbials market.

Regional Analysis
North America is forecast to hold the highest market share in the agricultural microbials market, owing to the rapidly rising organic agriculture sector. Furthermore, agricultural conversions from traditional to organic and research will upsurge the demand for effective agricultural microbials during the study period. The agricultural microbials market may also witness substantial growth opportunities due to growing awareness related to the environmental advantages of microbial solutions.

Competitors in the Market
Bayer CropScience
Sumitomo Chemicals Company Ltd.
Monsanto Company
Corteva
Syngenta AG
Certis USA LLC
Marrone Bio Innovations
CHR. Hansen Holdings
Isagro S.p.A
UPL Corporation
Verdesian Life Sciences LLC
Other Prominent Players

Market Segmentation
The global agricultural microbials market segmentation focuses on Type, Crop Type, Function, Application, Formulation, and Region.
On the basis of type
Bacterial ((Bacillus spp, Rhizobium spp, Enterobacteriaceae, Pasteuria, and Streptomyces)
Fungi (Trichoderma spp, mycorrhizal fungi, and others including Penicillium, Aspergillus, and Lecanicillium)
Viruses
Protozoa
On the basis of crop type
Cereals & grains
Oilseeds & pulses
Fruits & vegetables
Other crop types (Turfs, ornamentals, plantation crops, and forages)
On the basis of function
Soil amendments (Biofertilizers and biostimulants)
Crop protection
On the basis of mode of application
Foliar spray
Soil treatment
Seed treatment
Other modes of application
On the basis of formulation
Dry (dry granules, water-dispersible granules, and wettable powders)
Liquid (Emulsifiable concentrates, suspension concentrates, and soluble liquid concentrates)
By Regional Outlook
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America