Global Biofertilizers Market Overview
The Global Biofertilizers Market size is expected to grow from USD 2.64 billion in 2023 to USD 6.34 billion by 2032, at a CAGR of 10.2% during the forecast period (2024-2032).
Biofertilizers can be defined as biological products containing living microorganisms that, when applied to seed, plant surfaces, or soil, help in promoting growth. It promotes development of plants by increasing the uptake of nutrients, root biomass or root area. Biofertilizers are also crucial in mitigating the hazards that are arising from the increasing demand of the global population for food and also from the widely spread chemicalization in agroecosystems. The application of biofertilizers in amplifying productivity and quality of agricultural products has already been proven as a key factor that induces growth of the Biofertilizer market. The rise in usage of microbes in biofertilizers for sustainable farming methods and food safety is another major factor that is estimated to boost the global biofertilizer market growth. Furthermore, a rise in the concern related to food safety, an increase in soil and water pollution due to excessive usage of chemical fertilizers, and a rise in support from government bodies through the launch of new programs to spread awareness about their benefits will propel the biofertilizers market growth in the projected period.
Market Dynamics And Factors For Biofertilizers Market
Drivers:
Dynamic growth in the organic food industry.
Individuals nowadays are more concern about health, environmental issues, and the amount of chemical fertilizers utilized while growing crops. This sudden rise in awareness has induced consumers to prefer chemical-free food products. As a result, major supermarket chains such as Cosco and Walmart are thereby increasing their product offerings of organic foods instead of chemical-rich food. In addition, the restaurant and caterer industry in many economic countries are also switching to organic food menus with great taste and quality to serve health-conscious consumers. The growth in the organic food industry is stimulating the demand for organic manures and biofertilizers as they are the essential prerequisites of organic farming. Such a rise in demand for healthy organic food products is the major factor that drives the biofertilizer market growth. Also, these factors have brought a gradual increase in organic retail sales in many countries, such as the US, Switzerland, China, Germany, and Denmark.
Restraints:
Technological and environmental obstructions.
Biofertilizer products have a very limited shelf-life and they run a high risk of contamination. The microorganisms that are being used as biofertilizers become non-viable when exposed to sudden high temperatures. Henceforth, it is very important to store them in a dry and cool place. The major problem that arises in the agricultural inoculation technology is the survival of microorganisms during storage which may hamper the growth of the biofertilizers market. The culture medium, dehydration process, physiological state of the microorganisms when harvested, the rate of drying, the water activity of inoculants, and temperature maintenance during storage are the other major factors that hinder the market growth. These challenges impact the shelf-life of microbes. In addition, less availability of R&D and testing labs are also affecting the growth of the biofertilizers market.
Opportunity:
Market expansion in the Asia Pacific and African region.
The African and Asia Pacific regions are the highest consumers of fertilizers. The growing rate of population, especially in Asia, has resulted in the rising demand for food, which would, in turn, lead to the rapid growth and increased consumption of fertilizers. However, the major concerns that affected the market growth in this region are contamination of soils and pollution, and their adverse effects on a human being. To counter the harmful effects of such chemical fertilizers, governments in these regions are asserting the use of environmental-friendly fertilizers, such as organic manures and biofertilizers. Key players in the agricultural sector have already started to invest in software technologies and biotechnology in emerging markets of the Asia Pacific region. Thus, there is an emerging opportunity to expand the biofertilizer market in the Asia Pacific and African region in the forecasted years.
Challenges:
Lack of adoption and awareness of biofertilizers
The lack of awareness and low adoption rate in farmers about biofertilizers in many developing and underdeveloped countries is creating an immense challenge for the market. Farmers prefer using chemical fertilizers, as they are easy to understand and handle. This can be attributed to a lack of information and training for the farmers. Furthermore, the established nature of the chemical fertilizers market also leads to the slow adoption of biofertilizers, as many conventional fertilizer companies have a strong distribution network and they hold a wide range of product offerings. Moreover, there is a lack of awareness about various brands, as the market is highly fragmented. This lack of knowledge is creating confusion among farmers and leads to the slow adoption and slower growth of the biofertilizer market.
Segmentation Analysis Of Biofertilizers Market
By form, the market for the liquid segment is estimated to hold the largest share during the forecasted period. Liquid biofertilizer technology is taken into consideration as an alternative to carrier-based biofertilizers. Liquid biofertilizers are specially formulated and they contain desired microorganisms as well as substances that can support the storage conditions of resting cysts and spores for longer shelf-life. Owing to better tolerance limits for adverse conditions, this segment is estimated to hold the largest shares.
By product type, the nitrogen-fixing microbe segment is projected to dominate the biofertilizer market in the upcoming years. Nitrogen is utilized by plants to synthesize amino acids, nucleic acids, vitamins, and other nitrogenous compounds. They help in transforming nitrogen into organic compounds which thereby leads to the high market growth of the biofertilizer market.
By application, the seed treatment segment is projected to dominate the biofertilizer market during the forecast period. In seed treatment, biofertilizers such as Azotobacter, Rhizobium, and Azospirillum are applied as coatings on seeds as it is generally effective and easy under most conditions. This common and widely used method of applying biofertilizers drives the market growth for the seed treatment segment.
Regional Analysis Of Biofertilizers Market
North America is projected to dominate the market owing to the increasing acceptance of biofertilizers among rural farmers, rising demand for organic products, and high adoption of advanced irrigation systems such as sprinkler and drip irrigation for fertigation. A strict and significant regulatory environment in addition to an increasing preference for the usage of biofertilizer products has led to the rapid growth of the biofertilizer market in the North American region. Urbanization, mining, and industrialization have led to a decrease in arable land in the North American region. Along with the rapidly growing trend of practicing organic harvesting in the country, the U.S. population also adopted and increased the sale of organic food products.
Asia Pacific region is expected to grow significantly in the upcoming years. Agricultural growth in India, China, and Brazil due to the rising demand for food, backed by government initiatives and incentive structures, is estimated to reflect positive growth trends in the projected years. Rising demand for these products which is associated with increased awareness of the hazardous nature of chemicals is expected to propel market growth in the Asia Pacific region. Hostile response from consumers toward the use of chemical products to avoid environmental hazards is likely to fuel the market growth of biofertilizers over the predicted years.
Germany is one of the major European markets that is expected to grow at a pace in the upcoming years. Wheat is one of the largest cultivated crops in Germany, wherein organic farmers receive a 150% premium price for their crop harvest compared to conventional growers. This trend has led to a rapid increase in the adoption of organic farming practices for all major grains & cereals and fruits & vegetables grown in the country. The largest retail market for organic produces in Europe is Germany, followed by France, Italy, and the UK, with Germany recording an average growth rate of 10%, followed by France, Italy, and the UK at 22%, 14%, and 7%, respectively. The rapid shift towards organic farming practices will fuel the market growth in the estimated period.
Covid 19 Impact Analysis On Biofertilizers Market
Owing to the Coronavirus pandemic, the Biofertilizers market faced a bump in its growth. The market was negatively affected by COVID-19. Due to the sudden COVID-19 pandemic, there has been a tremendous supply chain disruption in the market. Since the COVID-19 virus outbreak in December 2019, the disease had spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt and had roughly affect the Biofertilizer market in 2020. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition. A decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Biofertilizers manufacturers and vendors. However, the negative impact of COVID-19 is expected on Biofertilizers to be compensated over the medium to long term future.
Top Key Players Covered In Biofertilizers Market
- Novozymes A/S (Denmark)
- Bayers(Germany)
- UPL Limited (India)
- Gujarat State Fertilizers & Chemicals Ltd (India)
- Rizobacter Argentina S.A. (Argentina)
- Rashtriya Chemicals & Fertilizers Limited (India)
- T. Stanes & Company Limited India
- National Fertilizers Limited (India)
- Madras Fertilizers Limited (India)
- Alltech Inc (Kentucky)
- Blacksmith BioScience (US)
- EnviroKure Liquid Organic Fertilizer (Philadelphia) and other major players.
Key Industry Development In The Biofertilizers Market
In January 2024, the Indian Biogas Association (IBA), a non-profit organization based in Haryana, announced a demand for incentives for the Biogas-Fertilizer Fund”, as a part of the Wishlist for the Union Budget, 2024. The aim of the association is to promote the use of organically grown fertilizers and accelerate the bio-compressed natural gas industry’s growth.
In December 2023, IPL Biologicals, a subsidiary based in Gurugram, Haryana, signed a memorandum of understanding (MoU) with the Gujarat Government for opening a new production facility of bio-pesticide and bio- fertilizers in the state. The MoU was signed for 4000 million and would focus on minimizing the usage of chemicals in the Agri-industry.
Global Biofertilizers Market |
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Base Year: |
2023 |
Forecast Period: |
2024 -2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.64 Bn. |
Forecast Period 2024 -32 CAGR: |
10.2 % |
Market Size in 2032: |
USD 6.34 Bn. |
Segments Covered: |
By Form |
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By Product Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Form
3.2 By Product Type
3.3 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Biofertilizer Market by Form
5.1 Biofertilizer Market Overview Snapshot and Growth Engine
5.2 Biofertilizer Market Overview
5.3 Liquid
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Liquid: Grographic Segmentation
5.4 Carrier-based
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Carrier-based: Grographic Segmentation
Chapter 6: Biofertilizer Market by Product Type
6.1 Biofertilizer Market Overview Snapshot and Growth Engine
6.2 Biofertilizer Market Overview
6.3 Phosphate Solubilizing
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Phosphate Solubilizing: Grographic Segmentation
6.4 Nitrogen Fixing
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Nitrogen Fixing: Grographic Segmentation
6.5 Others
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Others: Grographic Segmentation
Chapter 7: Biofertilizer Market by Application
7.1 Biofertilizer Market Overview Snapshot and Growth Engine
7.2 Biofertilizer Market Overview
7.3 Seed Treatment
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Seed Treatment: Grographic Segmentation
7.4 Soil Treatment
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Soil Treatment: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Biofertilizer Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Ansoff Matrix
8.1.5 Biofertilizer Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Biofertilizer Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 NOVOZYMES A/S (DENMARK)
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 BAYERS (GERMANY)
8.4 UPL LIMITED (INDIA)
8.5 GUJARAT STATE FERTILIZERS & CHEMICALS LTD (INDIA)
8.6 RIZOBACTER ARGENTINA S.A. (ARGENTINA)
8.7 RASHTRIYA CHEMICALS & FERTILIZERS LIMITED (INDIA)
8.8 T. STANES & COMPANY LIMITED INDIA
8.9 NATIONAL FERTILIZERS LIMITED (INDIA)
8.10 MADRAS FERTILIZERS LIMITED (INDIA)
8.11 ALLTECH INC (KENTUCKY)
8.12 BLACKSMITH BIOSCIENCE (US)
8.13 ENVIROKURE LIQUID ORGANIC FERTILIZER (PHILADELPHIA)
8.14 OTHER MAJOR PLAYERS
Chapter 9: Global Biofertilizer Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Form
9.2.1 Liquid
9.2.2 Carrier-based
9.3 Historic and Forecasted Market Size By Product Type
9.3.1 Phosphate Solubilizing
9.3.2 Nitrogen Fixing
9.3.3 Others
9.4 Historic and Forecasted Market Size By Application
9.4.1 Seed Treatment
9.4.2 Soil Treatment
Chapter 10: North America Biofertilizer Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Form
10.4.1 Liquid
10.4.2 Carrier-based
10.5 Historic and Forecasted Market Size By Product Type
10.5.1 Phosphate Solubilizing
10.5.2 Nitrogen Fixing
10.5.3 Others
10.6 Historic and Forecasted Market Size By Application
10.6.1 Seed Treatment
10.6.2 Soil Treatment
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Biofertilizer Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Form
11.4.1 Liquid
11.4.2 Carrier-based
11.5 Historic and Forecasted Market Size By Product Type
11.5.1 Phosphate Solubilizing
11.5.2 Nitrogen Fixing
11.5.3 Others
11.6 Historic and Forecasted Market Size By Application
11.6.1 Seed Treatment
11.6.2 Soil Treatment
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Biofertilizer Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Form
12.4.1 Liquid
12.4.2 Carrier-based
12.5 Historic and Forecasted Market Size By Product Type
12.5.1 Phosphate Solubilizing
12.5.2 Nitrogen Fixing
12.5.3 Others
12.6 Historic and Forecasted Market Size By Application
12.6.1 Seed Treatment
12.6.2 Soil Treatment
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Biofertilizer Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Form
13.4.1 Liquid
13.4.2 Carrier-based
13.5 Historic and Forecasted Market Size By Product Type
13.5.1 Phosphate Solubilizing
13.5.2 Nitrogen Fixing
13.5.3 Others
13.6 Historic and Forecasted Market Size By Application
13.6.1 Seed Treatment
13.6.2 Soil Treatment
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Biofertilizer Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Form
14.4.1 Liquid
14.4.2 Carrier-based
14.5 Historic and Forecasted Market Size By Product Type
14.5.1 Phosphate Solubilizing
14.5.2 Nitrogen Fixing
14.5.3 Others
14.6 Historic and Forecasted Market Size By Application
14.6.1 Seed Treatment
14.6.2 Soil Treatment
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Biofertilizers Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024 -2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.64 Bn. |
Forecast Period 2024 -32 CAGR: |
10.2 % |
Market Size in 2032: |
USD 6.34 Bn. |
Segments Covered: |
By Form |
|
|
By Product Type |
|
||
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. BIOFERTILIZER MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. BIOFERTILIZER MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. BIOFERTILIZER MARKET COMPETITIVE RIVALRY
TABLE 005. BIOFERTILIZER MARKET THREAT OF NEW ENTRANTS
TABLE 006. BIOFERTILIZER MARKET THREAT OF SUBSTITUTES
TABLE 007. BIOFERTILIZER MARKET BY FORM
TABLE 008. LIQUID MARKET OVERVIEW (2016-2028)
TABLE 009. CARRIER-BASED MARKET OVERVIEW (2016-2028)
TABLE 010. BIOFERTILIZER MARKET BY PRODUCT TYPE
TABLE 011. PHOSPHATE SOLUBILIZING MARKET OVERVIEW (2016-2028)
TABLE 012. NITROGEN FIXING MARKET OVERVIEW (2016-2028)
TABLE 013. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 014. BIOFERTILIZER MARKET BY APPLICATION
TABLE 015. SEED TREATMENT MARKET OVERVIEW (2016-2028)
TABLE 016. SOIL TREATMENT MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA BIOFERTILIZER MARKET, BY FORM (2016-2028)
TABLE 018. NORTH AMERICA BIOFERTILIZER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 019. NORTH AMERICA BIOFERTILIZER MARKET, BY APPLICATION (2016-2028)
TABLE 020. N BIOFERTILIZER MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE BIOFERTILIZER MARKET, BY FORM (2016-2028)
TABLE 022. EUROPE BIOFERTILIZER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 023. EUROPE BIOFERTILIZER MARKET, BY APPLICATION (2016-2028)
TABLE 024. BIOFERTILIZER MARKET, BY COUNTRY (2016-2028)
TABLE 025. ASIA PACIFIC BIOFERTILIZER MARKET, BY FORM (2016-2028)
TABLE 026. ASIA PACIFIC BIOFERTILIZER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 027. ASIA PACIFIC BIOFERTILIZER MARKET, BY APPLICATION (2016-2028)
TABLE 028. BIOFERTILIZER MARKET, BY COUNTRY (2016-2028)
TABLE 029. MIDDLE EAST & AFRICA BIOFERTILIZER MARKET, BY FORM (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA BIOFERTILIZER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA BIOFERTILIZER MARKET, BY APPLICATION (2016-2028)
TABLE 032. BIOFERTILIZER MARKET, BY COUNTRY (2016-2028)
TABLE 033. SOUTH AMERICA BIOFERTILIZER MARKET, BY FORM (2016-2028)
TABLE 034. SOUTH AMERICA BIOFERTILIZER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 035. SOUTH AMERICA BIOFERTILIZER MARKET, BY APPLICATION (2016-2028)
TABLE 036. BIOFERTILIZER MARKET, BY COUNTRY (2016-2028)
TABLE 037. NOVOZYMES A/S (DENMARK): SNAPSHOT
TABLE 038. NOVOZYMES A/S (DENMARK): BUSINESS PERFORMANCE
TABLE 039. NOVOZYMES A/S (DENMARK): PRODUCT PORTFOLIO
TABLE 040. NOVOZYMES A/S (DENMARK): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. BAYERS (GERMANY): SNAPSHOT
TABLE 041. BAYERS (GERMANY): BUSINESS PERFORMANCE
TABLE 042. BAYERS (GERMANY): PRODUCT PORTFOLIO
TABLE 043. BAYERS (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. UPL LIMITED (INDIA): SNAPSHOT
TABLE 044. UPL LIMITED (INDIA): BUSINESS PERFORMANCE
TABLE 045. UPL LIMITED (INDIA): PRODUCT PORTFOLIO
TABLE 046. UPL LIMITED (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. GUJARAT STATE FERTILIZERS & CHEMICALS LTD (INDIA): SNAPSHOT
TABLE 047. GUJARAT STATE FERTILIZERS & CHEMICALS LTD (INDIA): BUSINESS PERFORMANCE
TABLE 048. GUJARAT STATE FERTILIZERS & CHEMICALS LTD (INDIA): PRODUCT PORTFOLIO
TABLE 049. GUJARAT STATE FERTILIZERS & CHEMICALS LTD (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. RIZOBACTER ARGENTINA S.A. (ARGENTINA): SNAPSHOT
TABLE 050. RIZOBACTER ARGENTINA S.A. (ARGENTINA): BUSINESS PERFORMANCE
TABLE 051. RIZOBACTER ARGENTINA S.A. (ARGENTINA): PRODUCT PORTFOLIO
TABLE 052. RIZOBACTER ARGENTINA S.A. (ARGENTINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. RASHTRIYA CHEMICALS & FERTILIZERS LIMITED (INDIA): SNAPSHOT
TABLE 053. RASHTRIYA CHEMICALS & FERTILIZERS LIMITED (INDIA): BUSINESS PERFORMANCE
TABLE 054. RASHTRIYA CHEMICALS & FERTILIZERS LIMITED (INDIA): PRODUCT PORTFOLIO
TABLE 055. RASHTRIYA CHEMICALS & FERTILIZERS LIMITED (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. T. STANES & COMPANY LIMITED INDIA: SNAPSHOT
TABLE 056. T. STANES & COMPANY LIMITED INDIA: BUSINESS PERFORMANCE
TABLE 057. T. STANES & COMPANY LIMITED INDIA: PRODUCT PORTFOLIO
TABLE 058. T. STANES & COMPANY LIMITED INDIA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. NATIONAL FERTILIZERS LIMITED (INDIA): SNAPSHOT
TABLE 059. NATIONAL FERTILIZERS LIMITED (INDIA): BUSINESS PERFORMANCE
TABLE 060. NATIONAL FERTILIZERS LIMITED (INDIA): PRODUCT PORTFOLIO
TABLE 061. NATIONAL FERTILIZERS LIMITED (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. MADRAS FERTILIZERS LIMITED (INDIA): SNAPSHOT
TABLE 062. MADRAS FERTILIZERS LIMITED (INDIA): BUSINESS PERFORMANCE
TABLE 063. MADRAS FERTILIZERS LIMITED (INDIA): PRODUCT PORTFOLIO
TABLE 064. MADRAS FERTILIZERS LIMITED (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. ALLTECH INC (KENTUCKY): SNAPSHOT
TABLE 065. ALLTECH INC (KENTUCKY): BUSINESS PERFORMANCE
TABLE 066. ALLTECH INC (KENTUCKY): PRODUCT PORTFOLIO
TABLE 067. ALLTECH INC (KENTUCKY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. BLACKSMITH BIOSCIENCE (US): SNAPSHOT
TABLE 068. BLACKSMITH BIOSCIENCE (US): BUSINESS PERFORMANCE
TABLE 069. BLACKSMITH BIOSCIENCE (US): PRODUCT PORTFOLIO
TABLE 070. BLACKSMITH BIOSCIENCE (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. ENVIROKURE LIQUID ORGANIC FERTILIZER (PHILADELPHIA): SNAPSHOT
TABLE 071. ENVIROKURE LIQUID ORGANIC FERTILIZER (PHILADELPHIA): BUSINESS PERFORMANCE
TABLE 072. ENVIROKURE LIQUID ORGANIC FERTILIZER (PHILADELPHIA): PRODUCT PORTFOLIO
TABLE 073. ENVIROKURE LIQUID ORGANIC FERTILIZER (PHILADELPHIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 074. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 075. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 076. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. BIOFERTILIZER MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. BIOFERTILIZER MARKET OVERVIEW BY FORM
FIGURE 012. LIQUID MARKET OVERVIEW (2016-2028)
FIGURE 013. CARRIER-BASED MARKET OVERVIEW (2016-2028)
FIGURE 014. BIOFERTILIZER MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 015. PHOSPHATE SOLUBILIZING MARKET OVERVIEW (2016-2028)
FIGURE 016. NITROGEN FIXING MARKET OVERVIEW (2016-2028)
FIGURE 017. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 018. BIOFERTILIZER MARKET OVERVIEW BY APPLICATION
FIGURE 019. SEED TREATMENT MARKET OVERVIEW (2016-2028)
FIGURE 020. SOIL TREATMENT MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA BIOFERTILIZER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE BIOFERTILIZER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC BIOFERTILIZER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA BIOFERTILIZER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA BIOFERTILIZER MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Biofertilizers Market research report is 2024-2032.
BASF SE (Germany), Syngenta (Switzerland), UPL (India), Bayer CropScience (Germany), Valagro (Italy), Italpollina SAP, Lallemand (Canada), AlgaEnergy (Spain), and other major players.
The Biofertilizers Market is segmented into form, product type, application, and region. By Form, the market is categorized into liquid and carrier-based. By Product type, the market is categorized into Phosphate solubilizing and nitrogen fixation. By Application, the market is categorized into Seed treatment and Soil treatment. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Biofertilizers can be defined as biological products containing living microorganisms that, when sown to seed, plant surfaces, or soil, help in promoting growth by several mechanisms such as increasing the supply of various nutrients, and also increasing root biomass or root area, and increasing the nutrient uptake ability of particular plant and the application of biofertilizers in various agricultural practices drives the market growth.
The Global Biofertilizers Market size is expected to grow from USD 2.64 billion in 2023 to USD 6.34 billion by 2032, at a CAGR of 10.2% during the forecast period (2024-2032).