The global agricultural biologicals market is projected to reach USD 10.05 Billion by 2020

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The global agricultural biologicals market is estimated to grow at a CAGR of 14.6% reaching USD 10.05 Billion by 2020. This growth is due to a number of factors such as increasing demand for organic products, increasing global population, improved yield and productivity, and rising cost of fertilizers and pesticides. This market is dominated by Europe and is closely followed by North America. These regions are quite ahead in adopting modern agricultural technology and organic farming as they are more developed as compared to other developing regions round the globe. However, the demand for agricultural biological products from developing regions, such as Asia-Pacific and Latin America, has significantly increased.

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