Agricultural Biologicals Testing Market Overview

1. Market Size & CAGR of Agricultural Biologicals Testing Market in 2021

The global agricultural biologicals testing market had a market size of USD 1.5 billion in 2021 with a Compound Annual Growth Rate (CAGR) of 5.8%.

2. COVID-19 Impact on the Agricultural Biologicals Testing Market

The COVID-19 pandemic had a significant impact on the agricultural biologicals testing market. During the pandemic, there was a disruption in the supply chain, leading to delays in testing processes and increased demand for testing services.

3. Agricultural Biologicals Testing Dynamics

The agricultural biologicals testing market is driven by the increasing adoption of biological products in agriculture, growing awareness about sustainable farming practices, and stringent regulations regarding the use of chemical pesticides.

4. Segments and Related Analysis

Based on the type of biologicals, the market is segmented into biopesticides, biofertilizers, and biostimulants. Biopesticides had the largest market share in 2021 due to their effectiveness in pest control and environmentally friendly nature.

5. By Region Analysis

The market is analyzed across regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America dominated the market in 2021, followed by Europe and Asia Pacific.

6. Key Market Players and Competitive Landscape

Key players in the agricultural biologicals testing market include SGS SA, Eurofins Scientific, Intertek Group, Bureau Veritas, and ALS Limited. These companies focus on partnerships, acquisitions, and product development to maintain their market presence.

7. Recent Happenings in the Agricultural Biologicals Testing Market

In recent developments, SGS SA acquired BioVision Seed Research to expand its seed and crop testing services. Eurofins Scientific introduced new testing methods for analyzing the efficacy of biopesticides. Intertek Group launched a state-of-the-art testing facility for biostimulant analysis.