Biologicals in 2024: Some Headway, But Headwinds Remain
March 1, 2024
This segment of the biologicals market continues to generate huge opportunity for the manufacturers and distributors of plant health products.
Biopesticides not only help protect the environment they can also provide growers with an economic boost.
Following a slower than expected 2023 growing season, biofertilizer companies predict the sector will rebound in 2024.
The new program is designed to help retailers identify potential product recommendations by highlighting biologicals that have been thoroughly vetted.
Experts expect big things for biologicals in row crops — once the product choices are perfected.
The association is hoping to help ag retailers and growers better assess the effectiveness of biostimulants in the market.
The change reflects the company’s hope to unite all of its brands under a single identity.
Even as traditional fertilizer prices have settled down some, market watchers believe biofertilizer adoption will continue to expand.
Science, efficacy, and formulation improvement — along with consumer and regulatory forces — converge to help the biopesticides market continue growing.
Biostimulants continue to see growth in markets around the world and they’re expected to continue their run for some time.
With its present looking solid, the future for the biologicals category appears much brighter than it did at the start of the 2020s.
According to this year’s biological survey, the category has slowed down somewhat in growth, even as more companies (and products) enter the marketplace.
Though North America lags behind much of the world, high fertilizer prices, rapid uptake, and a shifting regulatory landscape all point to a golden opportunity.
Biofertilizers are finding lots of market acceptance these days — due to long- and short-term factors.
Biome Makers provides insights on the biostimulant market, what’s driving changes to adoption, and the role retailers play in supporting wider adoption.
Improved formulations, compatibility, and awareness throughout the value chain drive higher adoption even as the segment battles through supply chain issues.
According to this year’s biological survey, the category is making some excellent inroads into mainstream agriculture.
The past is no predictor of the future, but it seems the outlook for these sustainable products continues to grow like corn across the Midwest.
Promotion, education, and a challenging regulatory environment for traditional crop inputs help move these plant health products from a bit player to a starring role.