The Crop Microbiome Market Size is valued at USD 1.1 billion in 2023 and is predicted to reach USD 2.7 billion by the year 2031 at a 11.5% CAGR during the forecast period for 2024-2031.
The crop microbiome encompasses the diverse microorganisms associated with crops, including those in the soil (rhizosphere), on plant surfaces (phyllosphere), and within plant tissues (endosphere). These microbes are crucial for plant development, as they assist in nutrient cycling, protect against pathogens, and enhance plants' ability to withstand environmental stressors like drought and salinity. A wide range of agricultural production processes, including biocontrol, stress tolerance, soil fertility and quality, plant development promotion, and high-yield crop development, can be attributed to these bacteria.
The increased use of precision farming methods and advancements in biotechnology are driving the industry's phenomenal expansion. The need for microbiome-based solutions is also being driven by the growing adherence to organic agricultural methods and the enforcement of stringent regulations pertaining to the use of chemical pesticides. These elements come together to create an atmosphere that is favourable for the crop microbiome market's ongoing growth.
Furthermore, concerns about food security arising from both climate change and the world's expanding population are propelling the need for sustainable agricultural practices. Moreover, advancements in genetics, bioinformatics, and microbial research allow scientists to harness the beneficial traits of bacteria to enhance crops completely. In addition, legislative initiatives that support environmentally friendly farming practices and the decrease of chemical residues in food are driving market expansion.
The crop microbiome market is segmented based on type and application. Based on type, the market is segmented into Bacteria, Fungi, Virus, and Other. By application, the market is segmented into Cereals, Oilseeds & Pulses, Fruits & Vegetables, and Other.
The bacteria category is expected to hold a major global market share in 2023. The growing number of bacteria used in the formulation of biostimulants, biopesticides, and fertilizers is primarily responsible for the segment's significant market share. The expansion of this market sector is influenced by bacteria, which are well-known for defending plants from numerous root-fungus infections and carrying out a number of other growth-enhancing tasks in plants. Furthermore, through enhancing soil structure, preventing soil-borne illnesses, and encouraging nutrient cycling, bacteria are essential to the upkeep of soil health. The segment's high share is a result of these causes.
The segment's substantial share is mostly attributable to the increased requirement to maximize cereal and grain output, reduce pest and disease-related cereal and grain loss, and use these commodities more frequently for animal feed, biofuel, and the manufacturing of starch and ethanol. Furthermore, because cereals and grains are essential for food security, governments in many nations actively promote their cultivation. Policies and subsidies that encourage the application of contemporary agricultural techniques, such as the use of crop microbiomes, are frequently included.
The North American crop microbiome market is expected to report the highest market share in the near future. The initial factors driving the expansion of this market in the region are the growing awareness among farmers of the environmental benefits of microorganisms and the adoption of organic agriculture practices. The industry is expanding due to various causes, such as the increasing need for high-yield food produced by rapid urbanization. In addition, Asia Pacific is likely to grow rapidly in the global crop microbiome market because of the population's rapid growth, the rise in agricultural diseases, the adoption of environmental protection regulations, farmers' shift to organic farming, and the growing need for high yields and productivity.
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 1.1 Bn |
|
Revenue Forecast In 2031 |
USD 2.7 Bn |
|
Growth Rate CAGR |
CAGR of 11.5% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Type, And Application |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
|
Competitive Landscape |
BASF SE, Certis USA LLC, Marrone Bio Innovations Inc,Sumitomo Chemical (Valent Biosciences LLC),Upl Ltd. (Arystalifescience Ltd.),Syngenta AG, Chr. Hansen Holdings A/S, Isagrospa, Koppert BV,Bioag Alliance (Bayer/Novozymes),Lallemand Inc., Verdesian Life Sciences LLC, Italpollina AG, and Precision Laboratories LLC. |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Crop Microbiome Market Snapshot
Chapter 4. Global Crop Microbiome Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Type Estimates & Trend Analysis
5.1. by Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Type:
5.2.1. Bacteria
5.2.2. Fungi
5.2.3. Virus
5.2.4. Other
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
6.2.1. Cereals
6.2.2. Oilseeds & Pulses
6.2.3. Fruits & Vegetables
6.2.4. Other
Chapter 7. Crop Microbiome Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.1.2. North America Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.1.3. North America Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
7.2. Europe
7.2.1. Europe Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.2.2. Europe Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.2.3. Europe Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.3.2. Asia Pacific Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.3.3. Asia Pacific Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
7.4. Latin America
7.4.1. Latin America Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.4.2. Latin America Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.4.3. Latin America Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.5.2. Middle East & Africa Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.5.3. Middle East & Africa Crop Microbiome Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. BASF SE
8.2.2. Certis USA LLC
8.2.3. Marrone Bio Innovations Inc
8.2.4. Sumitomo Chemical
8.2.5. Upl Ltd.
8.2.6. Syngenta AG
8.2.7. Chr. Hansen Holdings A/S
8.2.8. Isagrospa
8.2.9. Koppert BV
8.2.10. Bioag Alliance
8.2.11. Lallemand Inc.
8.2.12. Verdesian Life Sciences LLC
8.2.13. Italpollina AG
8.2.14. Precision Laboratories LLC
8.2.15. C. R. Bard Inc (BD)
Crop Microbiome Market By Type-
Crop Microbiome Market By Application-
Crop Microbiome Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
