The global Agriculture Microbiome market is anticipated to grow at a CAGR of 13.8% during the forecast period (2024-2031). Crop improvement is being considered as flourishing area in the agriculture industry due to shift towards scientific approach in the agriculture technologies, rising concerns of poor crop yield and irregular reaping process of flowers and vegetables. Research on agriculture microbiomes seeks to harness the microbial communities of plants, soils, and animals to enhance agricultural productivity. The advances in genome sequencing that has made it possible to study entire microbiomes rapidly and inexpensively, created a platform for innovation through the discovery of microbes with desirable traits.
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Additionally, DNA modification is emerging at a considerable pace in aquaculture and livestock in order to fulfil the requirement for healthy and properly mature animals for various applications. Gene modification is actively pursued in developed agriculture industry of the US, EU countries, and advanced economies of Asia-Pacific owing to significant focus on its research activities. These research activities are growing with the financial support of private and public investments. Research activities are multiplying to curb the stagnation of agriculture industry in various countries. The substantial growth in funding the US and other countries is propelling the global agriculture microbiome market during the forecast period.
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Market Coverage
- Segment Covered-
o By Function
o By Type
o By Formulation
o By Mode of Application
o By Crop Type
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- BASF SE, Certis USA LLC, Bayer CropScience AG, Marrone Bio Innovations, Inc., Valent USA LLC
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Agriculture Microbiome Market Report Segment
By Function
- Crop Protection
- Soil Amendment
By Type
- Bacteria
- Fungi
- Virus
- Other
By Formulation
- Dry Formulation
- Liquid Formulation
By Mode of Application
- Soil treatment
- Foliar Spray
- Seed Treatment
By Crop Type
- Cereals
- Oilseeds & Pulses
- Fruits & Vegetables
- Other
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