Press release
Biofertilizers Market Poised for Rapid Growth, Increasing Demand and Future Expansion Trends
Global Biofertilizers Market Overview:The Global Biofertilizers Market Report 2024 has been recently published by Vantage Market Research. The report offers a cutting edge about the Biofertilizers Industry, which helps business strategists to make the best investment evaluation. This business report includes details about the historical analysis of the Biofertilizers Market business, which has the 2024-2032 timeline.
The Global Biofertilizers Market was valued at USD 2649.23 Million in 2024, and is anticipated to reach USD 6017.81 Million by 2032, exhibiting a CAGR of 10.8% during the forecast period 2024 to 2032.
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The current status of the Biofertilizers Industry is also well discussed in the report along with the forecast analysis till 2032. The report begins with the basic overview, which includes the Biofertilizers Market business definition, business scope, and the target audience. In the after section, the request dynamics are defined considerably, which includes request drivers, conditions, openings, challenges, request advancements in terms of technology, and others.
Major Market Players of Biofertilizers Market:
• Novozymes A/S (Denmark)
• Vegalab SA (Switzerland)
• UPL Limited (India)
• Chr. Hansen Holding A/S (Denmark)
• Kiwa Bio-Tech (China)
• Lallemand Inc. (US)
• Rizobacter Argentina S.A. (Argentina)
• T. Stanes & Company Limited (India)
• IPL Biologicals Limited (India)
• Nutramax Laboratories Inc. (US)
• Symborg (Spain)
• Kan Biosys (India)
• Mapleton Agri Biotech Pty Ltd (Australia)
• Seipasa (Spain)
• AgriLife (India)
• Manidharma Biotech Pvt Ltd (India)
• Biomax Naturals (India)
• Jaipur Bio Fertilizers (India)
• Valent BioSciences (US)
• Aumgene Biosciences (India)
• Agrinos (US)
• Criyagen (India)
• LKB BioFertilizer (Malaysia)
• Varsha Bioscience and Technology India Pvt Ltd. (India)
• Valagro (Italy)
Objectives of Report:
☛ Studying the size of the Biofertilizers Market based on the value and volume.
☛ Directly estimate the market shares and other important factors of the Biofertilizers Industry.
☛ Analyzing the key dynamics of the Biofertilizers Market business.
☛ Discovering the important trends of the Biofertilizers Industry on the basis of revenue, production, and sales.
☛ Focus on the business value, product manufacturing, growth operator, and forecast trend.
☛ Studying the performance and growth of different regions and countries in the Biofertilizers Industry.
☛ Evaluate the market size and share of all segments, and regions of the industry.
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Global Biofertilizers Market Segmentation:
• In April 2024, Puna Bio introduced Kanzama biofertilizer, which is made from extremophile bacteria found in Argentina's Puna region. This biofertilizer is expected to significantly increase wheat crop yields. The solution developed by the agrobiotech startup is the culmination of two decades of research in the field, along with two years of experimentation conducted over 19 different locations, including 22 studies and 12 trial experts.A team of over 30 experts analyzed over 500 extremophile microorganisms in order to discover a remedy for enhancing crop nutrition. Kanzama's primary functions encompass augmented nitrogen fixation and phosphorus solubilization, resulting in heightened plant coverage, ear density, and grain yield per square meter.
• In August 2023, Bionema Group Ltd., a prominent UK company specializing in the development and production of biocontrol technologies, biofertilizers, and biostimulants, unveiled a new line of biofertilizer products in the UK. These products are intended for usage in various sectors such as agriculture, horticulture, forestry, sport turf, and amenities. Bionema Group Ltd. is introducing a range of four biofertilizers containing live microorganisms that improve plant nutrition by either mobilizing or improving the availability of nutrients in soils and substrates. The BioNFix range and Rhizosafe products consist of Paenibacillus azotofixans BNL1913, Azospirillum lipoferum BNL714, Bradyrhizobium japonicum BNL1061, and Rhizophagus irregularis BNL2414. These microorganisms are encapsulated using the innovative Incapsulex technology platform.
Furthermore, the report includes the Biofertilizers Market segment types. The product type and the operation parts are considerably explained with the help of time-wise numerical and growth rates. The data is represented in tabular and pictorial formats thus enabling a clear understanding of the business layout. Regional analysis includes data for regions such as
Key Questions Answered In This Report
➢ What is the size of the Biofertilizers Market and what is its expected growth rate?
➢ What are the primary driving factors that push the Biofertilizers Market forward?
➢ What are the Biofertilizers Market Industry's top companies?
➢ What are the different categories that the Biofertilizers Market caters to?
➢ What will be the fastest-growing segment or region?
➢ In the value chain, what role do essential players play?
➢ What is the procedure for getting a free copy of the Biofertilizers Market sample report and company profiles?
Region of the Biofertilizers Market:
➨ North America (the United States, and Canada, Mexico)
➨ Europe (UK, Germany, France, Italy, and Russia)
➨ Asia-Pacific (Japan, Korea, India, China, and Southeast Asia)
➨ South America (Argentina, Colombia, and Brazil)
➨ The Middle East and Africa (Saudi Arabia, Nigeria, Egypt, UAE, and South Africa)
Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/biofertilizers-market-1426
How the Biofertilizers Market Report will prove useful:
➤ The data provided will help to analyze the future prospects of the Biofertilizers Market business.
➤ Segment analysis will help in identifying the untapped opportunities of the Biofertilizers Industry.
➤ It will help in relating the current trends that are ruling the request and how technological advancements will prove useful for further developments.
➤ This study provides vital historical and analytical data on the global Biofertilizers Industry.
➤ The report provides the entire assessment of the future request and altering request script or behavior.
➤ All the business decisions might be backed through the several strategic business methodologies offered within the report.
➤ A redundant edge in the competitive request could be attained from this elaborative exploration report.
➤ The Biofertilizers Market report offers all the competitive geography, growth motorists, operations, request dynamics, and other necessary details as well.
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