State of the Biologicals Industry: Answering the 8 Most Pressing Questions of 2024
Each year, 2BMonthly’s State of the Industry feature includes a Q&A with executives from leading biocontrol and biostimulants companies worldwide. In this most recent edition, 2BMonthly posed eight different questions to senior leadership across the industry with very compelling responses. AgriBusiness Global has shared their answers, with permission, as eight separate excerpts.
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Will Growers Reduce Their Spending on Biologicals in 2024?
With dramatically lower farm income reported in 2023, experts share their thoughts on how growers will invest in biologicals in 2024. Photo: Business Wire
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2 of 8
Will M&A Activity in the Biologicals Market Continue Trending Up in 2024?
After 2023 saw a number of large M&A deals, experts share whether that will continue in 2024 or start to decline.
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Scalable or Bust: Why Do Some Biological Companies Succeed While Others Fail?
Experts share what the most important factors are in successfully scaling a biological company and why some businesses fail.
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Are Biologicals Poised for Significant Growth in the Row Crop Markets of North America and the EU?
Biologicals have made big gains in row crops in Brazil. Experts weigh in on what it will take to see a similar trend elsewhere.
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How Are Biostimulants Companies Mitigating the Impact of High Raw Material Costs?
Increased prices of raw materials have strongly impacted biostimulants production. Executives share how they’ve approached this issue.
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Is the EU Regulatory Framework Providing a Benefit Yet for Biological Companies?
The biologicals regulatory situation in the EU remains murky at best. Executives share their position on the matter.
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Closing the Gap: Will We See Innovative Bioherbicides Enter the Market Soon?
Bioherbicides are the “Holy Grail” of biopesticides. Experts discuss when we’ll see new solutions enter the market. Photo: Harpe Bioherbicide Solutions
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Will the Macrobial Biocontrols Market for Outdoor Crops Continue Its Momentum in 2024?
Experts share insight on where they see this growing trend heading amid innovations in application and release systems.
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The feature touched on a wide range of prevailing topics including the biologicals M&A climate, critical success factors for scaling biologicals companies, and a frank assessment of the EU regulatory progress. View the slideshow above to see each question and gain access to the full responses from these industry leaders.
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Update
AgriBusiness Global connects the crop input value chain from raw material manufacturers down to distributors and trading partners around the world. Our content empowers smarter sourcing and business decisions by providing key insights to buyers and sellers of crop inputs including crop protection (both traditional agrochemical and biocontrol) and plant health products (including fertilizers, biostimulants, macro and micronutrients). See all author stories here.