Global Biofertilizer Market Industry Trends, Share, Growth and Forecast, 2015 – 2022

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Global Biofertilizer Market Industry Trends,
Share, Growth and Forecast, 2015 2022 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Biofertilizer Market

• Nitrogen fixing products held in excess of 75 of
  the 2014 global industry share. Regulatory
  compliance by EPA and EU pertaining to nitrogen
  loss in underground water due to synthetic
  fertilizers usage has supported biofertilizers
  penetration.
• Shift in industry preference towards bio-based
  alternatives to reduce petroleum products
  dependency and limiting the carbon emissions will
  positively influence biofertilizers market
  growth.
• Commercial organic farming is a relatively new
  practice and believed to be a limited scale
  market at present. As per the analysis, 90 of
  consumers knew about organic products owing to
  medically claimed health benefits. These products
  are chemical free, good for health and natural.

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Continued...

• Increasing renewable products penetration, by
  phasing out toxic, synthetic products
  periodically and reducing carbon footprints has
  favored industry growth.
• U.S. biofertilizers market size from seed
  treatment applications was valued over USD 65
  million in 2014. Positive agriculture industry
  outlook along with increasing awareness towards
  eco-friendly farming has stimulated the regional
  industry growth.
• Global biofertilizers market share is fragmented
  and competitive with strong domestic player
  presence. CBF China Biofertilizers AG Novozymes
  are main players with diversified distribution
  channels and product portfolio.
• In terms of geographic presence other companies
  include AgriLife, Biomax, Labiofam S.A.,
  Antibiotice S.A, Mapleton Symborg.

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Brazil Biofertilizers Market size, by
application, 2012-2022 (USD Million)

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360 Analysis

• Product Analysis
• Organic food market spending was over USD 85
  million in 2014, and is forecast to surpass USD
  300 million by 2022, with estimated gains of over
  17 from 2015 to 2022. Nitrogen fixing
  biofertilizers market accounted for over 75 of
  overall industry revenue in 2014. The product
  consists of bacterium including acetobacter,
  azotobacter, rhizobium and azospirillum.
• Regional Analysis
• U.S. biofertilizers market was worth USD 85
  million in 2014, positive insight towards the
  agriculture industry and organic food triggered
  an upsurge in demand in the overall North America
  farming industry.
• Competitive Market Share
• CBF China Biofertilizers AG and Denmark based
  Novozymes A/S are the key industry participants.
  Other notable companies include Antibiotice S.A,
  AgriLife, Biomax, Labiofam S.A., Mapleton
  Agribiotec, and Symborg S.L.

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