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The demand for organic food crops and the phase-out of key chemical active ingredients is driving the growth of the agricultural microbials market, owing to the health benefits associated with it.
Agricultural microbials are biocontrol tools used to kill target pests with applications on a wide range of crops. They can either function as parasites, predators, or natural insecticides/fungicides. Awareness of the harmful effects of chemical pesticides, which are responsible for extensive environmental pollution, serious health hazards, outbreaks of secondary pests, resistance developed by target pests, and loss of biodiversity, has been increasing. Therefore, biologicals have gained huge demand in the market.
Based on crop type, the agricultural microbials market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and other crop types. In addition, various crops have been included under distinct categories to emphasize crop-specific pests.
In recent years, there has been a considerable impact on crop yields directly or indirectly due to insect pests and mites. Direct damage may cause burrows in the plant parts, and the damage is augmented by rot caused by bacteria and viruses. Some of the damages caused to plants are the consumption of foliage of cabbage-by-cabbage loopers and foliar damage by aphids and leafhoppers. Indirectly, the insects/fungus may also damage through transmitting plant viruses. These damages may reduce the plants vigor and downgrade marketability without any visible evidence of the insect fed. Thrips affect the appearance of fruits and vegetables and reduce their market value. The action threshold may vary with the stage of development of the plant when attacked. Similarly, the threshold for pests causing indirect damage is extremely low if the pests can transmit pathogens. Thus, the action against insects is taken based on the severity of the damage, the value of the crop, and the end use of the crop.
Seed treatment by biopesticides helps provide protection against soilborne pests such as white grub and weevils.
In seed treatment, the seed is directly treated/coated with biopesticide prior to planting. This method minimizes exposure of chemicals to workers and potential runoff to waterways, along with reducing the overall number of pesticides used in the environment. It effectively protects the seed and seedling from low-to-moderate pest attacks during emergence and establishment. The treatment creates a layer over the surface of the germinating seed to protect the crop from insects. Seed treatment targets a specific pest without harming the beneficial organisms and minimizes the need for foliar spray.
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North America is projected to reach USD 4.3 Billion during the forecast period.
North America is a key exporter of agricultural products. Factors such as growth in organic farming, availability of water and land and entrepreneurial farmers, and efficient infrastructure are the key competitive advantages for the North American market.
The Agricultural Improvement Act was established in the region in 2018, under which the government has established permanent funding for organic research and made efforts to enhance organic trade. The farm practices using biofertilizers and biopesticides are significantly rising in the Canadian region, despite the decrease in the total number of farmlands.
The key players in this market include FMC Corporation (US), Corteva Agriscience (US), Marrone Bio innovations (US), Valent Biosciences (US).
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