According to Cognitive Market Research, The Global Agricultural Biological market size is USD 15215.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 14.50% from 2023 to 2030.
North America Agricultural Biological held the major market of more than 40% of the global revenue with a market size of USD 6086.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2023 to 2030.
Europe Agricultural Biological accounted for a share of over 30% of the global market size of USD 4564.56 million in 2023.
Asia Pacific Agricultural Biological held the market of more than 23% of the global revenue with a market size of USD 3499.50 million in 2023 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2023 to 2030.
South America's Agricultural Biological market of more than 5% of the global revenue with a market size of USD 760.76 million in 2023 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2023 to 2030.
Middle East and Africa Agricultural Biological held the major market of more than 2% of the global revenue with a market size of USD 304.30 million in 2023 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2023 to 2030.
Rising environmental concerns and government laws pertaining to the use of synthetic materials are the main factors propelling the growth of the global agricultural biological market.
Demand for microbial remains higher in the agricultural biological market.
The foliar spray category held the highest agricultural biological market revenue share in 2023.