The North America Agriculture Biologicals Testing Market would witness market growth of 6.4% CAGR during the forecast period (2023-2030).
The US market dominated the North America Agriculture Biologicals Testing Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,038 Million by 2030. The Canada market is experiencing a CAGR of 8.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.8% during (2023 - 2030).
A fundamental shift towards sustainable agriculture has been a primary driver for the adoption of agriculture biologicals testing. A growing consensus exists among farmers, policymakers, and consumers regarding the necessity of sustainable alternatives to conventional farming practices due to concerns regarding their environmental impact. Agriculture biologicals, with their reduced reliance on synthetic chemicals, align with this imperative for sustainability.
The market plays a crucial role in validating the sustainability claims of these biological inputs, assuring stakeholders of their eco-friendly attributes. Consumer awareness and demand for healthier and residue-free food have heightened the need for stringent testing of agricultural products. Biological inputs, such as biopesticides and biofertilizers, offer a promising avenue for reducing crop chemical residues.
There is a growing awareness and demand for sustainable agricultural practices in Canada. The organic farming sector in Canada is expanding, driven by consumer preferences for organic products. Canada places a strong emphasis on environmental conservation and biodiversity. Agriculture biologicals, which are often considered more environmentally friendly than conventional inputs, align with the country’s goals of preserving ecosystems and minimizing the impact of agricultural activities on the environment in Canada. Hence, the factors mentioned above will drive the regional market growth.
Free Valuable Insights: The Agriculture Biologicals Testing Market is Predict to reach USD 4.3 Billion by 2030, at a CAGR of 6.9%
Based on End-User, the market is segmented into Biological Product Manufacturers, Government Agencies, Outsourced Contract Research Organization and Plant Breeders. Based on Product Type, the market is segmented into Biopesticides, Biofertilizers and Biostimulants. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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