Press release
The Global Biofertilizers market was valued at USD 952.32 million in 2016 and is projected to reach USD 3567.80 million by 2025, growing at a CAGR of 14.12% from 2017 to 2025 key players are Novozymes A/S, Madras Fertilizers Limited, Rizobacter Argentina
Global Biofertilizers marketBy Crop type (Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables), By Micro-organisms (Azotobacter, Rhizobium, Cyanobacteria), By Mode of Application (Seed Treatment, Soil Treatment, Others), By Form (Pure & Mixed Liquid Fermentations, Powders, Pellets), By Type (Phosphate-Solubilizing, Potash-Mobilizing, Others), By Region (North America, Asia Pacific, Europe, Rest of World).
Market Overview:
The Global Biofertilizers market was valued at USD 952.32 million in 2016 and is projected to reach USD 3567.80 million by 2025, growing at a CAGR of 14.12% from 2017 to 2025.
These are renewable sources of plant nutrients, which can come in place of chemical fertilizers. They are extensively used for soil application or seed treatments. The tremendous growth in this market is because of the increasing demand for organic food items around the globe. The market value of biofertilizers is very strong for improving the life of food products and increasing reliability and stability.
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Sample Infographics
Market Dynamics:
1. Market Drivers
1.1 Harmful effects of chemical fertilizers.
1.2 Rise in cost of fertilizers.
1.3 Major growth in the organic food industry.
2. Market Restraints
2.1 Bad infrastructure.
2.2 Technology constraints.
Market Segmentation:
The Global Biofertilizers market is segmented on basis of Crop Type, Microorganism, Mode of Application, Form, Type and Region.
1. By Crop Type:
1.1 Cereals & Grains
1.2 Fruits & Vegetables
1.3 Pulses & Oilseeds
1.4 Others
2. By Micro-organisms:
2.1 Azotobacter
2.2 Rhizobium
2.3 Cyanobacteria
2.4 Azospirillium
2.5 Phosphate-Solubilizing Bacter
2.6 Others
3. By Mode of Application:
3.1 Soil Treatment
3.2 Seed Treatment
3.3 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Rest of World.
5. By Form:
5.1 Pure & Mixed Liquid Fermentations
5.2 Dispersible Granules
5.3 Pellets
5.4 Powders
6. By Type:
6.1 Phosphate-Solubilizing
6.2 Nitrogen-Fixing
6.3 Potash-Mobilizing
6.4 Others.
Competitive Landscape
The major players in the market are as follows:
Novozymes A/S, Madras Fertilizers Limited, Rizobacter Argentina S.A., Camson Bio Technologies Limited, LallemandInc, National Fertilizers Limited, Gujarat State Fertilizers & Chemicals Ltd., T.Stanes& Company Limited, Rashtriya Chemicals & Fertilizers Ltd., Nutramax Laboratories, Inc.
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
Research study on the Global Biofertilizers marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulationKenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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You can edit or delete your press release The Global Biofertilizers market was valued at USD 952.32 million in 2016 and is projected to reach USD 3567.80 million by 2025, growing at a CAGR of 14.12% from 2017 to 2025 key players are Novozymes A/S, Madras Fertilizers Limited, Rizobacter Argentina here
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