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Comprehensive Analysis of Biofertilizers Market 2019 | Industry Overview Covers Revenue, Growth Rate, Size, Share with CAGR Forecast to 2024


The “Biofertilizers Market” 2019 gives in-depth analysis of the market growth rate, raw material sources, value chain format, various innovative strategies, import/export, price structure, distribution channel, and production value. Biofertilizers market research study offers the market share, size, and forecasts at the global level in addition to the regional analysis. It also analyses and provides the global market size of the main players in each region. The industry-changing reasons for the market segments are explored in this report.

Market Overview:

  • The biofertilizers market was valued at USD 1.57 billion in 2018 and is expected to witness a CAGR of 10.1% over the forecast period.
  • – North America cornered the largest share of around 27.7% in the global market.
  • – Increased practice of organic farming, need for improving soil organic matter, and favorable regulatory structure are the major factors driving the market.
  • – While, low product efficacy under unfavorable conditions, high demand for synthetic fertilizers, and low shelf-life of microorganisms are expected to restrain the mark

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    Following Key Players Included in Biofertilizers Market Report Are:

  • Monsanto BioAg
  • Kiwa Bio
  • Tech Products Group Corporation
  • Lallemand Inc.
  • Camson Biotechnologies Limited
  • Agrinos AS
  • Criyagen Agri & Biotech Pvt Ltd
  • Mapleton Agri Biotech Pty Limited
  • Agri Life
  • Biomax Naturals
  • CBF China Bio
  • Fertilizer AG
  • National Fertilizer Ltd
  • Rizobacter Argentina SA
  • Symborg SL

    Scope of the Report:

  • Biofertilizers are defined as substances comprising living microbes, which when applied to seed, plant, and soil, stimulate growth by supplying essential nutrients, such as N, P, and other mineral nutrients. Moreover, inoculants that provide nutrients to plants are considered as biofertilizers in this report. The report provides an in-depth analysis of the various parameters of the global biofertilizers market. The market has been segmented based on the type of microorganism, technology type, application, crop type, and geography.

    Biofertilizers Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Key Market Trends:

    The Rising Trend of Organic Farming is Driving the Demand for Biofertilizers

    The rise in demand for organic products is booming, not only due to the increase in conscientious consumers, but also due to rising incomes, along with improved farming practices that make organic yields more robust. As a result, the increasing demand for organic food, worldwide, has increased the area under organic farming. The area under global organic farming increased from 37.5 million hectares in 2012 to 57.8 million hectares in 2016. The aforementioned factors indicate that the increase in organic farming practices resulted in improved soil fertility, along with the extensive usage of organic products, like biofertilizers. This has further triggered the demand for biofertilizer products, as they are organic and help in maintaining the ecological balance.
    North America Dominates the Biofertilizers Market

    North America is the largest market for biofertilizers and accounted for around 28% of the global market share in 2017. In North America, the United States holds the largest share, with more than half of the North American share. The rise in organic and environment-friendly farming practices has increased the demand for biofertilizer products, particularly in the United States and Canada. However, Canada and Mexico are still emerging markets in the North American biofertilizer taxonomy. Therefore, the multifarious advantages of biofertilizers lead to their wide applicability, as well as increased adoption and usage of biofertilizers in sustainable agriculture. The positive agricultural outlook in the country has propelled the demand for bio-based products in the region. The North American region is expected to retain its market in the coming future, due to the increased use of bio-based crop nutrition products and rising food quality standards.

    Reasons for Buying Biofertilizers Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Detailed TOC of Biofertilizers Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increased Practice of Organic Farming
    4.2.2 Need for Improving Soil Organic Matter
    4.2.3 Favorable Regulatory Structure
    4.3 Market Restraints
    4.3.1 Low Product Efficacy under Unfavorable Conditions
    4.3.2 Existing High Demand for Synthetic Fertilizers
    4.3.3 Low Shelf-life of Microorganisms
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Buyers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products
    4.4.5 Competitive Rivalry

    5.1 Microorganism
    5.1.1 Rhizobium
    5.1.2 Azotobacter
    5.1.3 Azospirillum
    5.1.4 Blue-green Algae
    5.1.5 Phosphate Solubilizing Bacteria
    5.1.6 Mycorrhiza
    5.1.7 Other Microorganisms
    5.2 Technology Type
    5.2.1 Carrier Enriched Biofertilizers
    5.2.2 Liquid Biofertilizers
    5.2.3 Other Technology Types
    5.3 Application
    5.3.1 Seed Treatment
    5.3.2 Soil Treatment
    5.4 Crop Type
    5.4.1 Cereals
    5.4.2 Legumes
    5.4.3 Fruits and Vegetables
    5.4.4 Plantation Crops
    5.4.5 Other Crop Types
    5.5 Geography
    5.5.1 North America US Canada Mexico Rest of North America
    5.5.2 Europe Germany UK France Spain Italy Russia Rest of Europe
    5.5.3 Asia-Pacific China Japan India Australia Rest of Asia-Pacific
    5.5.4 South America Brazil Argentina Rest of South America
    5.5.5 Africa South Africa Rest of Africa

    6.1 Most Adopted Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 Monsanto BioAg
    6.3.2 Kiwa Bio-Tech Products Group Corporation
    6.3.3 Lallemand Inc.
    6.3.4 Camson Biotechnologies Limited
    6.3.5 Agrinos AS
    6.3.6 Criyagen Agri & Biotech Pvt Ltd
    6.3.7 Mapleton Agri Biotech Pty Limited
    6.3.8 Agri Life
    6.3.9 Biomax Naturals
    6.3.10 CBF China Bio-Fertilizer AG
    6.3.11 National Fertilizer Ltd
    6.3.12 Rizobacter Argentina SA
    6.3.13 Symborg SL



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    Name: Ajay More

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