Global Biofertilizers Market Insights, Size and Growth Forecast To 2027

 

Global Biofertilizers Market: Overview
The biofertilizer, also known as microbial fertilizer, is released in the soil to promote the growth and proliferation of beneficial microorganisms in the soil. The benefits of microorganisms include, they decompose more nitrogen, phosphorus, potassium, and other nutrients in the soil and promote the absorption and utilization of plant growth and development. Biofertilizer is a high-efficiency organic fertilizer made from urban and rural organic wastes used as raw materials, supplemented with biological inoculants and other additives through biological scientific methods.
Bio-fertilizer provides nutrients to crops, and it can also increase soil organic matter, improve soil structure, and improve rhizosphere beneficial bacteria. Bio-fertilizer is a replacement for chemical fertilizer. Thus it is an inevitable choice for sustainable agricultural development.

Global Biofertilizers Market: Insights
The Biofertilizers market was valued at USD 2.3 billion in 2019 and expected to generate USD 4.7 billion, registering a CAGR of 8.83% during the forecast period (2020-2027). The rising demand for organic farming anticipated triggering the global biofertilizers market in the upcoming years. Additionally, the increasing health consciousness, environmental awareness, and rising disposable income across the globe will foster the global biofertilizers market in the estimated period. Moreover, the booming economies of some developing countries have increased consumers' bargaining power, which has led to a rising demand for organic products in the forecast periods.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”


Bio-fertilizer replacement of chemical fertilizer is an inevitable choice for sustainable agricultural development. As consumers are well aware of the dangers of fertilizers, environmental issues such as soil degradation, nitrate pollution, and related government initiatives will drive significant growth in the biofertilizer market. Additionally, changes in consumer lifestyles and increased purchasing power have prompted the growth in biofertilizers market during the expected years. Furthermore, the heavy use of advanced irrigation systems such as drip irrigation and sprinkler irrigation, as well as increasing acceptance of farmers for biological fertilizers, will further promote the growth of the biofertilizers market in the next few years.

The rise in demand for food coupled with a decline in arable land, growing adoption of soil fertility management will enhance the growth of the biofertilizers market during the projected periods. The SPER market research report of Biofertilizers Market includes all integrated approaches to the growth of the market along with an accurate &  elaborate analysis of the complete competitive situation of this market on a global level. Besides the current analytical & statistical account, the report cloaks the trends market drivers, challenges, potential opportunities, which affect the market. This market report discusses the present situation to predicted trends & aspects of the growth of the Biofertilizers market. Furthermore, it gives a dynamic overview & insights related to the market at both global as well as regional scale.

REPORT HIGHLIGHTS
  • Overview of key market forces restraining and propelling market growth.
  • Provide demand, current & past status & also the forecasting up to 2027.
  • Provide complete overview including type, form, crop type, and application & forecast region.
  • Provide focused analysis of key manufacturers with their production volume, market share & also help to identify market competition landscape with SWOT analysis.
  • Historical, current, and projected market size in terms of value.
  • Analyze the global & regional potential market, advantages, risk & opportunity.
  • Identify significant factors and trends driving or inhibiting the market growth.
  • In-depth coverage of the complete market in terms of supplier, buyer, price, trend, growth & forecasting.
THE REPORT COVERS ANALYSIS OF BIOFERTILIZERS MARKET, BY TYPE
  • Nitrogen-Fixing
  • Phosphate Solubilizing & Mobilizing
  • Potash Solubilizing & Mobilizing
  • THE REPORT COVERS ANALYSIS OF BIOFERTILIZERS MARKET, BY FORM
  • Liquid
  • Carrier-Based
THE REPORT COVERS ANALYSIS OF BIOFERTILIZERS MARKET, BY CROP TYPE
  • Cereals
  • Legumes
  • Fruits and Vegetables
  • Plantation Crop
  • Other
THE REPORT COVERS ANALYSIS OF BIOFERTILIZERS MARKET, BY APPLICATION
  • Soil Treatment
  • Seed Treatment
THE REPORT COVERS EXHAUSTIVE ANALYSIS ON
  • Market Segments
  • Market Dynamics
  • Brands in Market
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Forecasting
  • Technology
THE REPORT INCLUDES REGIONAL ANALYSIS ON
  • North America (Canada, US, Mexico, & Rest of North America Available)
  • Asia-Pacific (China, India, South Korea, Japan & Rest of Asia Pacific Available)
  • Europe (Germany, Spain, France, United Kingdom & Rest of Europe Available)
  • Central & South America (Brazil, Argentina & Rest of South America Available)  
  • Middle East & Africa (GCC Countries, South Africa, & Rest of MEA available)
KEY PLAYERS OF BIOFERTILIZERS MARKET
  • Novozymes 
  • T Stanes & Company Ltd 
  • SOM Phytopharma 
  • Ltd International Panaacea Limited 
  • Kan Biosys 
  • Kiwa Biotech 
  • Symborg 
  • Madras Fertilizers Limited 
  • Gujarat State Fertilizers & Chemicals Ltd 
  • Lallemand Inc. 
  • National Fertilizers Limited 
  • Rizobacter Argentina S.A 
  • Rashtriya Chemicals & Fertilizers Ltd 
  • Other Prominent Players
Note: The segmentation & companies provided are subject to change/modification as per the availability of data during the final study.

About SPER Market Research:

SPER Market Research is one of the world’s most trusted market research, market intelligence, and consulting companies offering strategic research, custom research, market intelligence solutions, quantitative data collection, qualitative fieldwork, online research panel and consumer research. Headquartered in Noida city, the company has offices worldwide, and provides strategic & consulting services.

SPER Market Research is amongst the top market research company and we have served over 20 industries, with core offerings in Pharmaceutical/Healthcare, Business to Business research (B2B), Nutraceuticals, Food & Beverages, Cosmetic, Dermatology, Dental, Herbal, Chemical, Consumer, Information Technology and other industries.

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