Biofertilizers Market Industry Trends, Opportunities, & Statistics | COVID-19 Impact on Biofertilizers Market

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MarketsandMarkets Presents
Biofertilizers Market - Forecast to
2025 https//www.marketsandmarkets.com/Market-Repo
rts/compound-biofertilizers-customized-fertilizers
-market-856.html

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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
3.9 billion by 2025, from USD 2.3 billion in
2020, recording a CAGR of 11.6 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 182 market data Tables and 46
Figures spread through 240 Pages and in-depth TOC
on "Biofertilizers Market - Global Forecast to
2025 The biofertilizers market includes
domestic companies suppliers like Madras
fertilizers Ltd, National Fertilizers company
Ltd, Jaipur Biofertilizers and Varsha Biosciences
Biotech Pvt Ltd. These suppliers have their
manufacturing facilities mainly across single
region. Though COVID-19 has impacted their
businesses as well but there is no significant
impact on the supply chain of their
biofertilizers. Multiple manufacturing facilities
of players are still in operation. Due to supply
chain disruptions, labour shortage, closure of
food outlets, the supply hasnt been able to
cross the regional and national borders. But due
to the increasing demand for food, will increase
the production area in the future, once the
crisis comes to standstill. However, the demand
for biofertilizers is yet to increase after
government relaxations. Download PDF Brochure
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• 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 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 analyze strategic approaches such as
  acquisitions, expansions, investments, product
  launches approvals, agreements, collaborations,
  and partnerships in the biofertilizers market
• To provide insights on the key investments in
  product innovations and patent registrations
• To analyze the supply chain and regulatory
  frameworks across regions and their impact on
  prominent market players
• Secondary Research
• In the secondary research process, various
  secondary sources such as Bloomberg BusinessWeek
  and Factiva were referred to, to identify and
  collect information for this study. These
  secondary sources included annual reports, press
  releases investor presentations of companies,
  white papers, certified publications, articles by
  recognized authors, gold silver standard
  websites, regulatory bodies, trade directories,
  and databases.
• Request for sample Pages https//www.marketsandma
  rkets.com/requestsampleNew.asp?id856

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Driver Growth in the organic food
industry Consumers, nowadays, are becoming
highly concerned about food safety issues, the
rising residue levels in food, and environmental
issues, due to the rising concerns about their
health. This rise in awareness has induced them
to prefer chemical-free food products. With the
outbreak of COVID-19 pandemic, people have become
more conscious about healthy organic food
products, which has driven the market growth of
biological inputs, such as biofertilizers.
Constraint Environmental and technological
constraints Biofertilizer products have a
limited shelf-life and run a high risk of
contamination. The microorganisms used as
biofertilizers become non-viable when exposed to
high temperature. Therefore, it is very important
to store them in a cool and dry place. The major
problem in the agricultural inoculation
technology is the survival of microorganisms
during storage other challenges revolve around
several parameters such as culture medium,
physiological state of the microorganisms when
harvested, dehydration process, rate of drying,
temperature maintenance during storage, and water
activity of inoculants. Opportunity New target
markets Asia Pacific Africa The Asia Pacific
and African regions are the largest consumers of
fertilizers. The increasing rate of population,
especially in Asia, has resulted in the
increasing demand for food, which would, in turn,
lead to the increased consumption of fertilizers.
However, the major concerns in this region are
pollution and contamination of soil as well as
their harmful effects on human beings. Make an
Inquiry https//www.marketsandmarkets.com/Enquiry
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• With the increasing demand for organic food
  products, North America is estimated to dominate
  the biofertilizers market in 2020
• 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.
• This report includes a study of the development
  strategies of leading companies. The scope of
  this report consists of a detailed study of
  biofertilizer manufacturers such as Novozymes
  (Denmark), Kiwa-Biotech (China), Rizobacter
  Argentina S.A (Argentina), Lallemand Inc.
  (Canada) and Symborg (Spain).
• 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.  
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id856

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