Agriculture Biologicals Market Size

Agriculture Biologicals Market size was valued at USD 14.2 Billion in 2023 and is expected to cross USD 39.5 Billion by the end of 2036, expanding at more than 10.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of agriculture biologics is evaluated at USD 15.2 Billion.

The reason behind the growth is the rising demand for maintainable and organic substitutes of chemical-depended pesticides while production on a farm. For instance, The Food and Agriculture Organization of the United Nations (FAO) and the European Union (EU) assist in integrated pest management (IPM), which incorporates implementing mixed cropping and natural predators and biopesticides and rotation when it's possible. Many nations, most notably Indonesia, have tried to replace the usage of pesticides with substitute techniques like integrated pest management (IPM).