Agricultural biologics market will grow at a compound annual rate of 12.76%

Biotechnology Channel News: China is a large country of agricultural production and pesticide use, in the past, due to the long-term use of chemical pesticides, the natural environment has caused great harm.
now the direction of pesticide development is mainly to the safe green change, biological agents into people's vision, and more and more people's attention, after observation in recent years found that biological agents and pesticides more easily combined.
, according to a new report published by MarketsandMarkets, the agricultural biologics market will grow at a compound annual rate of 12.76 percent from 2016 to 2022, reaching $11.35 billion by 2022.
it is understood that the top ten trends in the biologics market include diversification programmes brought about by integrated pest management, in which the use of natural substances with synthetic chemicals will play a greater role.
in most markets, the growth of the biopesticide market will be significant.
driving the market include the development of organic agriculture, the increase in the cost of chemical pesticides and the increased awareness of the risks caused by chemical pesticides.
, on the other hand, lack of infrastructure and low adoption of biopesticides are major obstacles to the development of global markets.
demand and per capita income have created huge opportunities for biopesticide markets in emerging economies such as Asia-Pacific and Latin America.
the market will grow robustly due to biostitrogens that activate plant physiology, stimulate soil microbial function, and regulate intergenerational nutrition and pH.
europe is expected to lead the market as a whole during the reporting forecast period, followed by Asia Pacific and North America.
bio-fertilizer market will also grow very rapidly.
the development of organic industry, the rising cost of fertilizer and the increase of awareness of the environmental impact of fertilizer are the main drivers of this market.
report predicts that the seed processing biologics market will grow at a higher rate.
market has been boosted by increased demand for food and seeds with high yield potential.
seed-processing biologics occupy a smaller part of the market, but it will grow faster than others as the government encourages a reduction in the use of agrochemicals.
factors restricting the development of the agricultural biological products industry include the same growing trend of counterfeit plant protection products, mainly due to insufficient attention paid by government authorities to the implementation of pesticide and fertilizer regulations.
, farmers' adoption of new agricultural products is also influenced by factors such as feasibility, economic sustainability, regulatory rationality, policy orientation and ecological friendliness.
BASF, Koppert and Dow Chemical are major competitors in the agro-biologics industry, focusing on expanding production capacity to meet the needs of large customers.
core competencies of these competitors is a diversified product portfolio, including biopesticides and biostitrations.
, biostulants are more easily combined with pesticides, whether they are pesticides or fertilizer technology, than traditional fertilizers or channel sharing.
In recent years, biostagents in the domestic agricultural industry is very hot, but at present the market biostics category is not mature, the world does not have a unified standard, many ingredients and raw materials are really difficult to define.
there is a certain risk of use in biostatists, the components such as phytic acids and amino acids are relatively safe.
the market for biostulating agent products chaos, we hope that the relevant departments can develop reasonable standards to strengthen supervision, so that the industry can be standardized development.
.