Bio - Fertilizers Industry- Gaining Traction due to maintainance of soil health,minimize environmental pollution

Bio - Fertilizers Overview

Bio - Fertilizers are basically constituent containing beneficial soil microorganisms cultured in the laboratory and packed in a suitable carrier. They are used either for seed treatment or soil application. Bio fertilizers generate plants nutrients like nitrogen and phosphorous through their activities in the soil or Rhizosphere and promote growth by increasing the supply or availability of primary nutrients to the host plant. Bio fertilizers are gaining momentum recently due to the increasing emphasis on maintenance of soil health, minimize environmental pollution and cut down on the use of chemicals in agriculture. Owning to the gains of these inputs in rain fed agriculture, at a low cost, for the small marginal farmers who cannot afford to buy expensive chemical fertilizers, Bio fertilizers are ideal input for reducing the cost of cultivation and for practicing organic farming. And hence Bio Fertilizers are gaining a traction in the Global Market.

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In view of the extensive prominence the Global Bio Fertilizers Market is gaining, recently Market Research Future has published a deep diving study report indicating the thriving growth the market is experiencing currently is expected to continue in the future demonstrating a huge growth further by 2027, surpassing its previous growth records in terms of value with a whooping CAGR during the anticipated period (2017 – 2027).  

Emergence of liquid bio fertilizers is one of those prime current trends providing impetus to the growth at a large extent. Liquid Bio Fertilizers are liquid substances of beneficial microorganisms, micronutrients, and chemicals promoting the desired cultivation growth. These are having a longer shelf life and tolerance to adverse conditions like high temperatures and ultra-violet radiations. Liquid Bio Fertilizers are having a higher microbe density in comparison with the solid bio fertilizers. These Liquid Bio Fertilizers also have a very high enzymatic activity and easy methods of application such as using power sprayers, fertigation tanks, hand sprayers, and as a basal manure mixed along with farmyard manure.

Another trend is using Fungal Inoculants as Bio Fertilizers such as Arbuscular Mycorrhizal Fungi (AMF) which are naturally occurring microorganisms that form symbiotic relationships with plant roots, assisting them with water and nutrient uptake and improving plant performance. Companies are increasingly producing Fungal Inoculants and marketing these as Bio Fertilizers to improve plant growth and soil health.

Bio- Fertilizers Types

Comprises Nitrogen Fixing Bacteria Phosphate Solubilizing Bacteria,
Plant Growth Promoting Bacteria,
Vesicular Arbuscular Mycorrhiza, and others.
Bio- Fertilizers Region

North America,
Europe
APAC
Key Players

AgriLife,
Antibiotice S.A,
Bio Nature Technology PTE Ltd,
Novozymes A/S,
National Fertilizers Limited, Kribhco,
China Bio-fertilizer AG,
Symborg S.L
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Global         Bio - Fertilizers Market - Regional Analysis

Europe dominates the Global Bio-Fertilizers Market with the largest market share followed by North America.

Asia-Pacific and RoW are the other major markets for Global Bio-Fertilizers and are expected to grow at a substantial rate of a CAGR during 2017 to 2027.

Bio Fertilizers market is projected to grow with a striking rate of CAGR; witnessing an exponential growth crossing its previous growth records by the end of the forecasted period (2017 – 2027).

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