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An outlook of Agricultural Inoculants Market
Overall Industry Expected to witness high development in The agricultural inoculants market is projected to grow at a CAGR of 9.6% from 2015 to reach a projected value of USD 437.1 Million by 2020. The growth of this market is driven by the increase in demand of organic fertilizers in the agricultural sector. The market is further driven by factors such as increase in organic and environment-friendly farming practices, promotion by the government agencies, and increase in demand of agricultural inoculants in emerging markets such as Asia-Pacific.
Based on types of inoculants, the agricultural inoculant market is projected to be led by the plant growth promoting microorganisms segment, followed by bio-control agents. Inoculants are used on a large scale to improve the plant uptake of nutrients, increase the efficiency of crop production, and meet the increasing demand of organic agricultural products.
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Scope of the Report
On the basis of Type, the market is segmented as follows:
On the basis of Source, the market is segmented as follows:
On the basis of mode of Application, the market is segmented as follows:
On the basis of crop type, the market is segmented as follows:
On the basis of Region, the market is segmented as follows:
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