How Sustainability and Organic Farming Practices Are Enhancing the Offerings of Top Agricultural Microbials Companies?

Agricultural microbials are a boon for the agriculture sector. They include fungi, bacteria, and viruses that enhance agricultural practices, such as soil improvement and crop protection. An increase in government initiatives to promote agricultural microbials as sustainable biochemical and surging demand for biopesticides and biofertilizers are projected to boost market expansion in the coming years. As per a report by Fortune Business Insights™, the market for agricultural microbials reached USD 5.27 billion in 2021 and is set to reach USD 15.71 billion in 2029 with a CAGR of 14.74%. The market also reached the valuation of USD 6.00 billion in 2022. Border closures and restricted movements due to the COVID-19 outbreak restrained demand for these microbials. Top agricultural microbials companies are engaged in R&D of new product advancements to boost their product portfolio and maintain their market positions.

Fortune Business Insights™ Profiles Top 10 Key Players/Companies in the Agricultural Microbials Market

1. Bayer AG

Bayer AG has a prominent presence in the agriculture and healthcare product businesses. The company includes over 400 consolidated players operating in 90 countries globally. It manages various business segments, including crop science, consumer health, pharmaceuticals, and animal health. In October 2019, to create advanced crop protection products, Bayer AG is set to invest USD 27.22 billion in crop science R&D over the next ten years. The company offers many crop protection, breeding, and biotech products.

2. BASF SE

Based in Germany, BASF is one of the top chemical-producing companies. It includes six segments: chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. It provides agricultural microbials through its agricultural solutions segment. The company implements tactics, including innovation, partnerships, and digitization, to gain a competitive advantage in the market. In October 2021, BASF teamed up with Vipergen to develop sustainable crop protection items. This collaboration will integrate different technologies to create new active ingredient-based crop solutions. Furthermore, this endeavor is expected to support the growers and farmers and generate new paths for effective solutions in the agricultural industry.

3. Koppert Biological Systems

Koppert Biological Systems is a well-known manufacturer of sustainable solutions for ornamental plants and food crops. The company is continuously working on developing healthier, safer, productive, and resilient agriculture and horticulture products. Koppert Biological Systems takes center stage with the presence of advanced research and development centers and many skilled professionals to supply integrated systems of specialist knowledge. To enhance the distribution network, the company has associated delivery partners and a consumer base in over 100 countries.

4. Novozymes A/S

Novozymes A/S is one of the top biological solution providers globally. To support farmers and growers protect crops against plant and soil diseases, the company offers variety of products and services. By offering sustainable biological solutions, the company is maintaining its prominence in the agri-business. It is all set to meet demand from many industries, including agriculture, food and beverages, bioenergy, and others. In February 2021, to provide a range of biological products to the Argentine market, Novozymes made a partnership with U.P.L.

5. Syngenta

A Switzerland-based major agriculture company, Syngenta is one of the top agricultural microbials companies which strives to safely feed everyone across the globe and protect the environment. With world-class science and advanced crop solutions, the company intends to enhance agriculture's sustainability, quality, and safety. Rapid integration of these technologies assists numerous farmers in making better use of limited agricultural resources. The company concentrates on increasing its product offerings and expanding its consumer base in more than 100 countries. In October 2020, Syngenta company acquired Valagro. It will offer biostimulants and biocontrols to farmers and continue to work as an individual brand with Syngenta Crop Protection.

6. Isagro S.p.A.

Isagro Group is a business headquartered in Italy that provides agricultural solutions with less environmental impact. It has production units, which are established in four locations across Italy. It also sells its product in 70 countries, such as Brazil, Colombia, Germany, and Spain.

7. Certis U.S.A. L.L.C

Certis Biologicals emphasizes the product advancement and manufacturing of biological products. It distributes its products to more than 40 countries across the globe. It manages U.S.-based two production centers. The company has also founded a neem extraction plant in India to create neem-based biopesticides. It focuses on product introductions and development to gain a strong foothold in the market. In January 2022, MeloCon LC with the active ingredient Purpureocilium lilacinum strain 251 was introduced by Certis U.S.A. L.L.C.

8. Marrone Bioinnovations Inc.

Marrone Bioinnovations Inc., is a top manufacturer of microorganism products for growers of all crops and geographies. Rapid integration of these products with integrated solutions enhances crop protection, crop health, and crop nutritional products. With more than 18,000 screened microorganisms and 500 issued and pending patents, the company introduced its product using advanced technology. To assist farmers, protect crops, and provide soil nutrition, the company concentrates on launching new products with innovative technology. In December 2020, to offer pro-farm-based technology products in the market, Marrone secured a distribution agreement with P.G.G. Wrightson Seeds. This new product aided farmers in increasing crop yields.

9. Valent BioSciences L.L.C.

A U.S.-based biorational solution provider, Valent BioSciences L.L.C. focuses on enhancing agricultural productivity and helping farmers in protection against plant and crop diseases. For crop protection, crop enhancement, public health, and forest health, the company has a variety of products. In October 2020, to improve new biopesticide technologies specially designed for agriculture applications, Valent BioSciences L.L.C. made an agreement with SATT Paris-Saclay.

10. Corteva Agriscience

Corteva Agriscience, a renowned biological solution provider, which is situated in the U.S., offers services to farmers to conquer the obstacles for a better and sustainable future. It is a well-established agriscience firm that implements advanced solutions and tactics for effective outcomes. It aims to offer safe and efficient devices for the global food systems.  In May 2022, Corteva AgriScience made an investment in the seed treatment facility, Centre for Seed Applied Technologies (CSAT), in South Africa.

By Encouraging Sustainability, Organic Farming Practices Are Redefining the Agriculture Sector