This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global biofertilizers industry. The report analyzes and declares the historical and current trends analysis of the global biofertilizers industry and subsequently recommends the projected trends anticipated to be observed in the global biofertilizers market during the upcoming years.
The global biofertilizers market report analyzes and notifies the industry statistics at the global as well as regional and country levels to acquire a thorough perspective of the entire global biofertilizers market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global biofertilizers industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global biofertilizers industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global biofertilizers market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global biofertilizers industry. The global biofertilizers market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global biofertilizers sector. Key strategic developments in the global biofertilizers market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global biofertilizers market are appropriately highlighted in the report.
Biofertilizers are solid or liquid preparations comprising particular strains of microorganisms in the dormant or live form that eventually help crop plants to absorb nutritional components from the soil. Moreover, the microorganisms break down the complex non-absorbable components into a form that plants can easily assimilate.
Owing to the excessive utilization of chemical fertilizers, the soil microflora has been degrading at a gradual rate that will end up with the non-fertile land. The chemical powders & sprays are not only degrading the soil fertility but also polluting the water bodies through the irrigation water. Therefore, the farmers and several core agricultural industries have been slowly shifting farming practices to organic.
The global biofertilizers market research report delivers an acute valuation and taxonomy of the global biofertilizers industry by practically splitting the market on the basis of different types, forms, crop types, modes of application, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the global biofertilizers industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global biofertilizers industry is provided for the leading economies of the world.
The global biofertilizers market is segmented based on the type, form, crop type, mode of application, and region. On the basis of type, the global biofertilizers market is categorized into phosphate solubilizing & mobilizing biofertilizers, nitrogen-fixing biofertilizers, potassium solubilizing & mobilizing biofertilizers, and others. By form, the global industry is bifurcated into carrier-based and liquid. The crop type segments the global market into fruits & vegetables, pulses & oilseeds, cereals & grains, and others. The sector is fragmented into seed treatment, soil treatment, foliar treatment, root dipping, and seedling root treatment, on the basis of mode of application.
Report Attribute |
Details |
Market Size in 2019 |
USD 1.8 Billion |
Projected Market Size in 2026 |
USD 4.3 Billion |
Growth Rate |
CAGR 12% |
Base Year |
2019 |
Forecast Years |
2020–2026 |
Key Market Players |
Rizobacter Argentina S.A, Kiwa-Biotech, International Panaacea Limited, Novozymes A/S, and Symborg, among others.. |
Key Segment |
By Type, By Form, By Crop, By Mode of Application, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the global biofertilizers market by its scope and segmentation is as follows:
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