The US agriculture microbiome market is predicted to grow considerably at a CAGR of 11.8% during the forecast period (2021-2027). US is one of the leading countries in planting genetically modified crops, accounting for more than 40% of acres growing genetically modified crops across the globe. Increasing research funding in the field of agriculture microbiome in the country is anticipated to be a major contributor to the growth of the agriculture microbiome market in the country.
USDA's Animal and Plant Health Inspection Service, the Department of Health and Human Services' Food and Drug Administration, and the US Environmental Protection Agency are the three federal agencies that are involved in ensuring that plants produced using biotechnology such as gene editing sequencing and the many products derived from them are safe for farmers to use, safe to consume as food or feed, and safe for the environment. The favorable government support in the US related to the use of technology in agriculture is again supporting the market growth.
The US agriculture microbiome market is segmented based on type, function, formulation, mode of application, and crop type. Based on type, the market is segmented into virus, bacteria, fungi, and others. Based on function, the market is segmented into crop protection, and soil amendment. Based on formulation, the market is segmented into dry formulation, and liquid formulation. Based on mode of application, the market is segmented into soil treatment, seed treatment, and foliar spray. Based on crop type, the market is segmented into cereals, oilseed & pulses, fruits & vegetables, and others.
The key players of agriculture microbiome market include BASF SE, Certis USA LLC, Bayer CropScience AG, Marrone Bio Innovations, Inc., Valent USA LLC, and so on. The new product launch, product development, and considerable investment in R&D of microbiome is the core focus of these major market players. Moreover, the key players of agriculture microbiome market are actively adopting organic or inorganic market activities to increase their market share.
Research Methodology
The market study of the US agriculture microbiome market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the US Agriculture Microbiome Industry
• Recovery Scenario of US Agriculture Microbiome Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID on key players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. US Agriculture Microbiome Market by Function
5.1.1. Crop Protection
5.1.2. Soil Amendment
5.2. US Agriculture Microbiome Market by Type
5.2.1. Bacteria
5.2.2. Fungi
5.2.3. Virus
5.2.4. Other
5.3. US Agriculture Microbiome Market by Formulation
5.3.1. Dry Formulation
5.3.2. Liquid Formulation
5.4. US Agriculture Microbiome Market by Mode of Application
5.4.1. Soil treatment
5.4.2. Foliar Spray
5.4.3. Seed Treatment
5.5. US Agriculture Microbiome Market by Crop Type
5.5.1. Cereals
5.5.2. Oilseeds & Pulses
5.5.3. Fruits & Vegetables
5.5.4. Other
6. Company Profiles
6.1. BASF SE
6.2. Certis USA LLC
6.3. Bayer Cropscience AG
6.4. Marrone Bio Innovations Inc
6.5. Sumitomo Chemical (Valent Biosciences LLC)
6.6. Upl Ltd. (Arystalifescience Ltd.)
6.7. Syngenta AG
6.8. Chr. Hansen Holdings A/S
6.9. Isagrospa
6.10. Koppert BV
6.11. Bioag Alliance (Bayer/Novozymes)
6.12. Lallemand Inc.
6.13. Verdesian Life Sciences LLC
6.14. Italpollina AG
6.15. Precision Laboratories LLC
1. US AGRICULTURE MICROBIOME MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2020-2027 ($ MILLION)
2. US AGRICULTURE MICROBIOME MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
3. US AGRICULTURE MICROBIOME MARKET RESEARCH AND ANALYSIS BY FORMULATION, 2020-2027 ($ MILLION)
4. US AGRICULTURE MICROBIOME MARKET RESEARCH AND ANALYSIS BY MODE OF APPLICATION, 2020-2027 ($ MILLION)
5. US AGRICULTURE MICROBIOME MARKET RESEARCH AND ANALYSIS BY CROP TYPE, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON US AGRICULTURE MICROBIOME MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON US AGRICULTURE MICROBIOME MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF US AGRICULTURE MICROBIOME MARKET, 2021-2027 (%)
4. US AGRICULTURE MICROBIOME MARKET SHARE BY FUNCTION, 2020 VS 2027 (%)
5. US AGRICULTURE MICROBIOME MARKET SHARE BY TYPE, 2020 VS 2027 (%)
6. US AGRICULTURE MICROBIOME MARKET SHARE BY FORMULATION, 2020 VS 2027 (%)
7. US AGRICULTURE MICROBIOME MARKET SHARE BY MODE OF APPLICATION, 2020 VS 2027 (%)
8. US AGRICULTURE MICROBIOME MARKET SHARE BY CROP TYPE, 2020 VS 2027 (%)
9. US AGRICULTURE MICROBIOME MARKET SIZE, 2020-2027 ($ MILLION)