Agricultural Biologicals Market Research Report 2022-2027
March 25, 2022 ⚊ 1 Min read ⚊ Views 104 ⚊ BUSINESS
The market for Agricultural Biologicals is estimated at USD 12.9 billion in 2022; it is projected to grow at a CAGR of 13.7% to reach USD 24.6 billion by 2027. The rise in the population and increased consumption of food products across regions are the key factors that have led to a substantial increase in food production. Farmers focus on opting for conventional chemical-based fertilizers to increase yield and meet the domestic as well as international demands. This repeated use of chemical fertilizers has led to the degradation of soil and water quality.
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