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Biofertilizers Market

Biofertilizers Market Size, Share & Trends Analysis Report

Biofertilizers Market

Published
Report ID : AIMR 1683
Number of pages : 300
Published Date : Mar 2024
Category : Agriculture
Delivery Timeline : 48 hrs

Global Biofertilizers Market Overview

The Biofertilizers Market is anticipated to reach USD 5.01 Billion by 2032, with a compound annual growth rate (CAGR) of 12.25% projected during the forecast period from 2023 to 2032. The market growth is primarily driven by rising prices of synthetic fertilizers worldwide, driven by consumers' preference for naturally cultivated food products amidst increasing prices of synthetically grown food items.

Key Companies in the Biofertilizers market include

  • Camson Bio Technologies Limited
  • National Fertilizers Ltd.
  • Monsanto BioAg
  • T Stanes & Company Limited
  • Rashtriya Chemicals & Fertilizers Ltd
  • Gujarat State Fertilizers & Chemicals Ltd
  • Madras Fertilizers Limited
  • Agri Life
  • Mani Dharma Biotech Pvt. Ltd.
  • Biomax Naturals, among others

Biofertilizers Industry Developments

September 2021: Novozymes introduced five biological solutions, including inoculants, to tackle major issues confronting North American producers. Additionally, the company established a new sales team to provide direct assistance to clients in the United States. Among the new products are inoculants addressing concerns related to nutritional effectiveness, nodulation, and nitrogen fixation.

June 2021: Large-scale production of liquid biofertilizers, aimed at enhancing soil health and agricultural productivity, commenced at the State Government's Ettaiyapuram factory in India. The construction of this plant is geared towards encouraging farmers to replace chemical fertilizers with biological alternatives as often as possible.

Biofertilizers Market Segmentation

Biofertilizers Type Outlook

    • Nitrogen Fixing
    • Phosphate Solubilizing
    • Others

Biofertilizers Crop Type Outlook

    • Cereals & Grains
    • Pulses & Oilseeds
    • Fruits & Vegetables

Biofertilizers Form Outlook

    • Dry
    • Liquid

Biofertilizers Application Outlook

    • Leaf Treatment
    • Root Immersion
    • Plant Rooting
    • Others

Biofertilizers Microorganism Outlook

    • Rhizobium
    • Azotobacter
    • Azospirillum
    • Pseudomonas
    • Bacillus
    • VAM
    • Others

Biofertilizers Regional Outlook

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Rest of the World
    • Middle East
    • Africa
    • Latin America
 
SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Country
Regions and Country

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherlands
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of MEA

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