Biofertilizer Market 2019 Current Market scenario with Forecast of Leading Key Vendors Novozymes, Biomax, RIZOBACTER, Agri Life, Symborg, National Fertilizers Limited, Batian, Xi'an Delong Bio-industry

Biofertilizer Industry Outlook with Business Facts 2019-2024:
Biofertilizer are the substances which make use of microorganisms to fertile the soil. These fertilizers are not harmful to crops or other plants like the chemical fertilizers. They are actually taken from the animal wastes along with the microbial mixtures. Microorganisms are used to increase the level of nutrients in the plants. They let the plants grow in a healthy environment. They are also environment friendly and do not cause the pollution of any sort. Use of biofertilizers in the soil, makes the plants healthy as well as protect them from getting any diseases.

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Biofertilizer has a low concentration. The top five companies account for more than 12.56 % of market share. Novozymes, Agri Life, Symborg, xi'an Delong Bio-industry and Maboshi are the tycoons of Biofertilizer. Novozymes is the largest manufacturer, with the market share of 3.98% in 2015.

In terms of application, biofertilizer can be applied in cereals & grains, pulses & oilseeds, fruits & vegetables and other. Pulses & oilseeds accounted for the largest market with about 44.33% of the global consumption for biofertilizer in 2015.

• The worldwide market for Biofertilizer is expected to grow at a CAGR of roughly 8.8% over the next five years, will reach 3340 million US$ in 2024, from 2190 million US$ in 2019, according to a new WMR study.

This report focuses on the Biofertilizer in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers;

Novozymes, Biomax, RIZOBACTER, Agri Life, Symborg, National Fertilizers Limited, Batian, Xi'an Delong Bio-industry, Maboshi, Fertilzer King, Jinggeng Tianxia, Taigu Biological, Taibao Biological, Genliduo Bio-Tech, Beijing Leili Group, Qingdong Nongke, Yunye, Aokun Biological, XinJiang StarSeed Science and Technology, Laimujia

Market Segment by Type, covers
Nitrogen-fixing
Phosphate-solubilizing
Potash-mobilizing
Others

Market Segment by Applications, can be divided into
Cereals & Grains
Pulses & Oilseeds
Fruits & Vegetables
Others

The content of the study subjects, includes a total of 15 chapters.

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