Agricultural Microbial Market Report, Size, Industry Growth and Forecast 2022-2027
The latest research study " Agricultural Microbial Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 " by IMARC Group, finds that the global agricultural microbial market size reached US$ 7.41 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.43 Billion by 2027, exhibiting a growth rate (CAGR) of 12.40% during 2022-2027. Agricultural microbial represent microorganisms that are utilized in various agricultural practices to improve the quality of yield and crop productivity. They comprise of bacteria, molds, archaea, yeasts, algae, protozoa, and viruses. Agricultural microbial variants enhance the ability of crops to resist ultraviolet (UV) radiation, extreme temperature, damages caused by insects, salinity, floods, drought, etc. They provide several nutrients, including phosphorous and nitrogen, that are essential for balancing plant hormones, stimulating growth, producing stress-protective compounds, red