Agricultural inoculants market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.50% in the above-mentioned forecast period.

Agricultural inoculants, also known as beneficial microorganisms, microbial inoculants or soil inoculants basically contain beneficial microbes which promotes plant growth. They possess several advantageous factors which aids in delivering nutrients and suppressing diseases, thus promoting the plant growth which is why they are used in agriculture as amendments for soil and plants.

The factors such as increasing usages of agricultural inoculants to enhance the productivity of the crop and growing preferences towards organic products and horticulture crops emerge as the major factor fostering the growth of the agricultural inoculants market. On the other hand, rising number of initiatives by the government by providing subsidies to support farmers and growing number of research and development activities are further estimated to cushion the growth of the market. The rise in meat consumption and increased yield of crop owing to adoption of inoculants is also projected to accelerate the market’s growth within the above mentioned forecast period. However, the lack of awareness among the farmers along with increasing legislations impede the growth of the agricultural inoculants market.

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Scope of the Agricultural Inoculants Market Report: 

The agricultural inoculants market is segmented on the basis of function, type, crop type, microbes, application, method and form. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of function, the agricultural inoculants market is segmented into crop nutrition, and crop protection.
• On the basis of type, the agricultural inoculants market is segmented into plant growth promoting microorganisms, bio-control agents, plant-resistant stimulants, and others.
• On the basis of crop type, the agricultural inoculants market is segmented into cereals, oilseeds and pulses and fruits and vegetables.
• On the basis of the microbes, the agricultural inoculants market is segmented into bacteria, fungi, and others. Bacteria has been further segmented into rhizobacteria, nitrogen-fixing bacteria, phosphate-solubilizing bacteria, and others. Fungi has been further segmented into trichoderma Spp., mycorrhiza, and others.
• The agricultural inoculants market is also segmented on the basis of application. The application is segmented into seed inoculation, soil inoculation, and others.
• On the basis of the method, the agricultural inoculants market is segmented into seed, oil and others.
• Based on form, the agricultural inoculants market is segmented into solid, liquid, granular, and others.

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Some of the major players operating in the agricultural inoculants market report are BASF SE, Bayer AG, Novozymes, Verdesian Life Sciences., Agrauxine, BRETTYOUNG, Precision Laboratories, LLC, Queensland Agricultural Seeds, TerraMax, Inc., XiteBio Technologies Inc., Chr. Hansen Holding A/S, Lallemand Inc., Kemin Industries, Inc., Provita Supplements GmbH, Corteva, MBFi., and Cargill, Incorporated., among others.

Agricultural Inoculants Market Regional Analysis/Insights

The Agricultural Inoculants market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Agricultural Inoculants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Agricultural Inoculants within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Agricultural Inoculants market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.