Worldwide Bio-Fertilizers Market Key Players Review 2018 | AgriLife, Antibiotice S.A, Bio Nature Technology PTE, Novozymes A/S, National Fertilizers Limited, Kribhco, China Bio-fertilizer AG and Symborg S.L | Industry Research Report

Market Overview:
Due to the large number of advantages associated to bio-fertilizers usage, the market is growing at an exponential pace of development on the global stage.

Fertilizers are a chemical or natural substance which is added to the soil or land so as to increase fertility. Bio-fertilizer contains living microorganisms, which support the plant growth. Due to depletion of soil quality, use of bio-fertilizers is being propelled to help farmers to increase crop production, as well as the surge in crop acreage and requirement to increase crop production is encouraging farmers to use bio-fertilizers. They have gained status globally, as they help in increasing the quantity as well as improve the quality produced. Increasing population, as well as their increasing willingness to pay for organic foods, is key drivers for the market.

In addition to the increasing population, the growing demand for food, rise in the crop production, increasing soil efficiency, growing economy, and high quality yield are expected to drive the bio-fertilizers market. Increased awareness about the bio-fertilizers due to government policies and rules towards the growth of bio-fertilizers has raised the bar for quality, which, in turn, increases the market share of bio-fertilizers globally.

Major market dispersion is leading to the introduction of new products based out of the bio-fertilizers and their retail across various regions. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has fuelled up the share of bio-fertilizers in the global market.

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Latest Industry Updates:
Jun 2017 Sumitomo Corporation in collaboration with Roshni Crop Sciences Pvt Ltd. has launched Foliar Blend. It is a new generation technology, containing complex carbohydrates, essential plant micro-nutrients like Cobalt, Manganese, Zinc, Boron and Magnesium and nutritional supplements not found in ordinary N-P-K fertilizers.

May 2017 Insecticides India (IIL) has launched a revolutionary biological product Kayakalp that will transform the health of soil and rejuvenate it organically to improve plant health and productivity. The launch of KayaKalp marks a major leap for IIL into the organic products sector. The company intends to expand this product into the Asian market.

Apr 2017 Earth Alive Clean Technologies Inc., a leading Canadian Clean-Tech company, developer and manufacturer of state-of-the-art microbial technology-based products for sustainable agriculture and mining, has announced the commercial sales launch of Dr. Marijane, the Company's specially formulated cannabis bio-fertilizer.

Mar 2017 SUL4R-PLUS, LLC, a provider of innovative fertilizer products for the agricultural market, has announced the addition of another optimized micronutrient product SUL4R-PLUS B+Z fertilizer with .5% boron, 1.5% zinc, 18% calcium and 16% sulfur. The new product SUL4R-PLUS B+Z fertilizer combines the company’s existing boron and zinc options into one – delivering boron, zinc, calcium and sulfur in every granule to deliver immediate and complete nutrition to hungry crops.

Competitive Analysis:
With the increasing demand for agricultural products, the demand for bio-fertilizers as a potential crop protectant is experiencing a surge. Companies are targeting to capture a substantial share of the market segment by capturing huge consumer base. Strategic product launch and innovations in the existing product line is the key strategy followed by the manufacturers to create product differentiation among their product offerings. Huge investments in R&D sector are also adding fuel to this market based on the quality product launch which helps the players in promoting their product. Government certification and approval also plays a very significant role to mark their significance on a global level.

The key players profiled in bio-fertilizers are Texas A&M AgriLife Research (U.S.), Antibiotice S.A. (Romania), S*Bio Pte Ltd. (Singapore), Novozymes A/S (Denmark), National Fertilizers Limited. (India), KRIBHCO Fertilizers Ltd. (India), CBF China Bio-Fertilizer AG (Germany), Symborg Inc. (Spain)

Market Segments:
The global bio-fertilizers market has been divided into type, crop, distribution channel, and region.

On the Basis of Type: Nitrogen-Fixing, Phosphate-Solubilizing, Potash-Mobilizing, and Others

On the Basis of Crop: Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, Others

On the Basis of Distribution Channel: Store-based and Non-store based

On the Basis of Region: North America, Europe, Asia Pacific, and ROW

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Regional Analysis:
The global bio-fertilizers market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). European region accounts for the major market share followed by Asia Pacific for the bio-fertilizers. Ample availability of land for farming under organic cultivations as well as consumer willingness to pay for the organic foods is driving the growth of the market in the European region during the forecast period.

In Asia Pacific, due to strong government policies that contribute to the growth of bio-fertilizers as well as large agricultural land area, will drive the growth of this market in this region. However, in European region, significant growth is expected in Germany, France and Italy due to increasing health and environmental concerns, over the forecast period 2017-2027.

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