Agricultural Biological Market Driven by Rising Preference Towards Organic Farming Techniques

Agricultural biologicals refer to products made from natural materials like animals, plants, bacteria, and certain minerals. They are used to farm more efficiently and improve soil and plant health while reducing environmental pollution. Agricultural biologicals include bio-pesticides, bio-fertilizers and other types of products used in organic and conventional farming. They help increase crop yield, prevent pests and diseases, and enhance soil fertility through means such as nitrogen fixation, phosphorus solubilization and stimulating plant growth through the secretion of phytohormones.

The global Agricultural Biological Market is estimated to be valued at US$ 14245.71 Mn in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2025 to 2032, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
The Agricultural Biologicals Market Size is majorly driven by the rising preference of farmers and consumers towards organic farming techniques owing to rising environmental concerns and adverse effects of chemical pesticides and fertilizers. Agricultural biologicals provide a sustainable solution for crop protection and soil nutrition with minimum adverse impact on the environment. Furthermore, supportive government policies and regulations in various countries aimed at promoting sustainable and organic agricultural practices are also contributing to the market growth. For instance, the Indian government's Paramparagat Krishi Vikas Yojana (PKVY) scheme launched in 2015 promotes organic farming techniques by providing financial assistance to farmers. Additionally, increasing consumer demand for chemical-residue free food items is further fueling the adoption of agricultural biologicals in farming.

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