Market Size of Agricultural Biologicals Testing Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.70 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Agricultural Biologicals Testing Market Analysis
The agricultural biologicals testing market is forecasted to witness a CAGR of 9.7% in the forecast period 2020-2025. The market is driven by several factors like the increasing adoption of bio-based pesticides, fertilizers, and biostimulant products across the world due to stringent regulations on chemical usage in several countries, a large investment in product development by agricultural companies, and an increased organic agricultural production across several regions.
Europeis the largest market for biological testing services. Several environmental agencies that promote sustainable agricultural practices are also favoring the use of biopesticides which is further enhancing the testing market for these products. The market is fragmented and companies are investing heavily in developing new products and are collaborating and acquiring other companies, which is expected to increase their market shares and strengthen the R&D activities.
Agricultural Biologicals Testing Industry Segmentation
Agricultural biologicals testing refers to various types of tests such as efficacy, toxicity, stability, and microbiological analyses that are conducted on agricultural biologicals like biofertilizers, biopesticides, and biostimulants. Agricultural biologicals comprise natural products developed particularly for the purpose of crop production. The market for agricultural biologicals testing includes field support, analytical tests, and tests for regulatory compliance.
| By Product Type | |
| Biopesticides | |
| Biofertilizers | |
| Biostimulants | |
| Others |
| By Application | |
| Field Support | |
| Regulatory | |
| Analytical | |
| Others |
| Geography | ||||||||
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Agricultural Biologicals Testing Market Size Summary
The agricultural biologicals testing market is experiencing robust growth, driven by the increasing adoption of bio-based agricultural products such as biopesticides, biofertilizers, and biostimulants. This shift is largely due to stringent regulations on chemical usage in various countries, which has prompted a move towards more sustainable agricultural practices. The market is characterized by significant investments in product development by agricultural companies and a rise in organic agricultural production across multiple regions. Europe stands out as the largest market for biological testing services, supported by environmental agencies promoting sustainable practices and the use of biopesticides. The market is highly fragmented, with companies actively engaging in product development, collaborations, and acquisitions to enhance their market share and strengthen research and development activities.
In the United States, the regulatory environment favors the rapid registration of biopesticides, offering a competitive edge over chemical pesticides. Similarly, in Canada, well-defined registration processes for biofertilizers create a conducive environment for industry growth. The European Union, while regulating biopesticides similarly to chemical pesticides, benefits from the support of the OECD in assessing biopesticides for safety. The European market is further bolstered by the entry of major players and the increasing use of biological products, driven by consumer preference for less toxic alternatives. Countries like Italy, Germany, and the United Kingdom are leading the charge in Europe, with significant developments in the agricultural biologicals market stimulating growth in the testing sector. The market's fragmentation is evident with numerous regional and international players, such as SGS SA and Eurofins Scientific SE, actively expanding their presence through mergers and acquisitions.
Agricultural Biologicals Testing Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Powers of Buyers
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1.4.2 Bargaining Powers of Suppliers
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1.4.3 Threat of New Entrants
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1.4.4 Threat from Substitute Products and Services
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1.4.5 Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Biopesticides
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2.1.2 Biofertilizers
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2.1.3 Biostimulants
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2.1.4 Others
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2.2 By Application
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2.2.1 Field Support
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2.2.2 Regulatory
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2.2.3 Analytical
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2.2.4 Others
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest Of North America
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 France
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2.3.2.3 Italy
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2.3.2.4 Spain
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2.3.2.5 Germany
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Japan
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Africa
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2.3.5.1 South Africa
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2.3.5.2 Rest of Africa
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Agricultural Biologicals Testing Market Size FAQs
What is the current Agricultural Biologicals Testing Market size?
The Agricultural Biologicals Testing Market is projected to register a CAGR of 9.70% during the forecast period (2024-2029)
Who are the key players in Agricultural Biologicals Testing Market?
SGS SA, Eurofins Scientific SE, Syntech Research, Staphyt S.A. and Anadiag Group are the major companies operating in the Agricultural Biologicals Testing Market.
