Biofertilizers Market by Form, Mode of Application, Crop Type, Region - Global Forecast to 2025 - PowerPoint PPT Presentation

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Biofertilizers Market by Form, Mode of Application, Crop Type, Region - Global Forecast to 2025

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The biofertilizers market is estimated to be valued at USD 2.0 billion in 2019 and is projected to reach USD 3.8 billion by 2025, recording a CAGR of 11.2% during the forecast period. The market is driven primarily by the increasing organic farmland as well as the rising acceptance of biofertilizers among farmers. – PowerPoint PPT presentation

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Title: Biofertilizers Market by Form, Mode of Application, Crop Type, Region - Global Forecast to 2025


1
MarketsandMarkets Presents
Biofertilizers Market - Forecast to 2025
https//www.marketsandmarkets.com/Market-Reports/c
ompound-biofertilizers-customized-fertilizers-mark
et-856.html
2
The report "Biofertilizers Market by Form
(Liquid, Carrier-Based), Mode of Application
(Soil Treatment, Seed Treatment), Crop Type, Type
(Nitrogen-Fixing, Phosphate Solubilizing
Mobilizing, Potash Solubilizing Mobilizing),
Region - Global Forecast to 2025" The
biofertilizers market is projected to reach USD
3.8 billion by 2025, from USD 2.0 billion in
2019, recording a CAGR of 11.2 during the
forecast period. Rising awareness about the
hazards of chemical fertilizers among consumers,
soil degradation, nitrate emissions, along with
government initiatives, is projected to witness
significant growth during the forecast
period. Browse 76 market data Tables and 40
Figures spread through 157 Pages and in-depth TOC
on "Biofertilizers Market - Global Forecast to
2025 With the increasing demand for organic
food products, North America is estimated to
dominate the biofertilizers market in
2019 Changing lifestyle and increasing buying
power among consumers has increased the demand
for biofertilizers. High adoption of advanced
irrigation systems such as drip sprinkler
irrigation and widespread acceptance of
biofertilizers among the farmers is further
propelling the market growth. The farmers in this
region are highly skilled in terms of knowledge
and machinery. Due to the rampant use of chemical
fertilizers, the fertility of the soil is
declining. To maintain soil fertility as well as
the yield of crops, farmers are sustainably
opting for biofertilizers. Download PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id856
3
  • Report Objectives
  • To determine and forecast the size of the
    biofertilizers market, by form, by mode of
    application, crop type, type, and region
  • To identify attractive opportunities in the
    biofertilizers market by determining the largest
    and fastest-growing segments across regions
  • To strategically analyze the demand-side factors
    based on the following
  • Impact of macro- and microeconomic factors on the
    market
  • Shifts in demand patterns across different
    subsegments and regions
  • To identify the key drivers and restraints that
    have an impact on the global market
  • To strategically profile the key players and
    comprehensively analyze their market positions in
    terms of core competencies, along with detailing
    the competitive landscape for market leaders
  • To provide insights on the key investments in
    product innovations and patent registrations
  • Key Market Players
  • Key companies in the biofertilizers market are
    Novozymes (Denmark), T Stanes Company Ltd.
    (India), SOM Phytopharma (India) Ltd. (India),
    International Panaacea Limited (India), Kan
    Biosys (India), Kiwa Biotech (China), Symborg
    (Spain), Madras Fertilizers Limited (India),
    Gujarat State Fertilizers Chemicals Ltd.
    (India), Lallemand Inc. (Canada), National
    Fertilizers Limited (India), Rizobacter Argentina
    S.A (Argentina), Rashtriya Chemicals
    Fertilizers Ltd, (India), and Mapleton
    Agribiotech (Australia).
  • Make an Inquiry https//www.marketsandmarkets.com
    /Enquiry_Before_BuyingNew.asp?id856

4
Based on form, liquid biofertilizers is estimated
to account for a major value share in 2019 Of
both the forms, the usage of liquid
biofertilizers remains substantially high,
globally. This is due to its higher shelf life as
compared to carrier-based biofertilizers. Liquid
biofertilizers have a life expectancy of 2 to 3
years, making it more convenient and affordable
for farmers in developing countries. Moreover,
liquid fertilizers have better tolerance limits
for adverse conditions. The quality control
protocols for liquid biofertilizers are also easy
and expeditious compared to carrier-based
biofertilizers. Higher consumption of
biofertilizers for organic fruits vegetables
contributes to the growth of the biofertilizers
market in this segment Biofertilizers have
proved to be useful in numerous ways, including
improving the quality, shelf-life, and yield of
fruits vegetables. The increasing trend of
consumer preferences for organic fruits
vegetables due to changing lifestyle and rising
per capita income is the primary factor driving
market growth. A rising trend in the cultivation
of organic fruits vegetables and those under
IPM practices have also created a positive impact
on the growth of the biofertilizers
market. Based on type, the nitrogen-fixing
biofertilizers segment is projected to witness
higher growth in the biofertilizers
market Biofertilizers has a direct effect on
crops where its application enhances the
population of beneficial soil microorganisms.
They also secrete plant hormones which favor
germination and root growth. Nitrogen-fixing
microbe biofertilizers are used for leguminous as
well as for non-leguminous crops. They are used
to grow other crops as well, especially rice and
sugarcane. Request Sample https//www.marketsan
dmarkets.com/requestsampleNew.asp?id856  
5
  • Recent Developments
  • In June 2019, Novozymes (Denmark) announced plans
    to continue its research and distribution
    partnership with Bayer (Germany), where Novozymes
    could form multi-partnership with UPL (India) and
    Univar Solutions (US) to distribute its
    biological products.
  • In July 2018, Rizobacter Argentina (Argentina)
    registered an inoculant for chickpea. This
    product would help to increase the potential
    pulses market of Europe and India.
  • In May 2016, Lallemand Inc. (Canada) acquired
    Lage y Cia (Uruguay), a prominent seed inoculant
    company in South America. This acquisition would
    help Lallemand in the product development of
    yeast, fungi, and bacteria as a biostimulant,
    biocontrol, and biofertilizer agent in the
    agriculture industry.  
  • Key questions addressed by the report
  • Which region will account for the highest share
    in the biofertilizers market?
  • How would the declining availability of
    infrastructure impact the growth of the
    biofertilizers market globally?
  • What are the trends and factors responsible for
    influencing the adoption rate of biofertilizers
    in key emerging countries? What is the level of
    support offered by governments across these
    countries to the manufacturers?
  • Which are the key players in the market and how
    intense is the competition?
  • Will the disruption in agriculture technologies
    practices impact the growth of the biofertilizers
    market?
  • Speak to Analyst https//www.marketsandmarkets.co
    m/speaktoanalystNew.asp?id856

6
Contact Us
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.comBlog _at_
https//mnmblog.org/market-research/agriculture Co
nnect with us on LinkedIn _at_ http//www.linkedin.co
m/company/marketsandmarkets
7
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