Press release
Biofertilizers Market Report 2018 by Leading Vendors: National Fertilizers Ltd. (India), Madras Fertilizers Limited (India), Monsanto BioAg (U.S.), Gujarat State Fertilizers & Chemicals Ltd. (India), and T Stanes & Company Limited (India). Camson Bio Tech
Biofertilizers Market
Market Forecast
The global market for biofertilizers has been witnessing high demand for the last few years and is projected to reach USD 2653.48 million by 2023 compared to USD 1183.34 million in 2017. Increasing awareness regarding sustainable agriculture followed by various government initiatives to promote the product is majorly driving the growth of the market. Moreover, the growing trend of inclination towards organic foods from the consumers is boosting the growth of the market. Growing demand from the emerging market will surge the biofertilizers market over the coming years.
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Based on the type, nitrogen-fixing segment is dominating the market and is witnessed to grow at the highest growth rate of 14.74% over the forecast period. On the basis of crop type, cereals & grains segment is expected to hold the maximum market share of 43% on the global level. Additionally, on the basis of application, seed application segment is anticipated to grow at the highest rate of 14.60% during the review period. Based on the form, the dry segment dominated the market in 2017.
Regional Analysis
Among the regions, North America is dominating the biofertilizers market with over 31.74% of the global market share and is projected to reach around USD 827.62 million by 2023. However, Asia Pacific is anticipated to be the fastest growing region for biofertilizers market. In Asia Pacific, Japan is expected to grow at the highest rate followed by Australia and India over the forecast period.
Moreover, RoW is also projected to witness a substantial growth rate during the forecast period 2017-2023, in which Latin America is projected to grow at the highest rate followed by Africa over the review period.
Important Pointers in Table of Content of Report:
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Biofertilizers Market, By Type
7 Global Biofertilizers Market, By Crop Type
8 Global Biofertilizers Market, By Application
9 Global Biofertilizers Market, By Form
10 Global Biofertilizers Market, By Region
11 Competitive Landscape
12 Company Profiles
12.1 National Fertilizers Ltd.
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products Offerings
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategy
12.2 Madras Fertilizers Limited
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products Offerings
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategy
12.3 Monsanto BioAg
12.3.1 Company Overview
12.3.2 Financial Overview Of Parent Company (Monsanto Company)
12.3.3 Products Offerings
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategy
12.4 Gujarat State Fertilizers & Chemicals Ltd.
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products Offerings
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategy
12.5 T Stanes & Company Limited
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products Offerings
12.5.4 Key Developments
12.5.5 Key Strategy
12.6 Camson Bio Technologies Limited
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products Offerings
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.6.6 Key Strategy
12.7 Rashtriya Chemicals & Fertilizers Ltd.
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products Offerings
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.7.6 Key Strategy
12.8 Biomax Naturals
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products Offerings
12.8.4 Key Developments
12.8.5 Key Strategy
12.9 Agri Life
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products Offerings
12.9.4 Key Developments
12.9.5 Key Strategy
12.10 Mani Dharma Biotech Pvt. Ltd.
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products Offerings
12.10.4 Key Developments
12.10.5 Key Strategy
13 Conclusion
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