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Biofertilizers Market Size, Share 2019 | Industry Overview by Emerging Growth Rate, Industry Size, Share, Cost Structure and Future Forecast by 2024

Biofertilizers

The “Biofertilizers Market” report includes a comprehensive analysis of the current market status, major key players, latest challenges and opportunities in the market. Biofertilizers market report delivering key insights and providing a competitive benefit to clients through a detailed report. Biofertilizers industry report provides data about company profile, price, and business strategy. All information presented in the report is collected from primary and secondary research methods. It also includes historic data, present and future Biofertilizers market trends, environment, and technological innovation of the industry.

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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

    Some of the Top Key Players of 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

    Biofertilizers Market Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    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.

    In this study, the years considered to estimate the market size of Biofertilizers:

    • History Year: 2013-2018
    • Base Year: 2018
    • Estimated Year: 2019
    • Forecast Year 2019 to 2024

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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.

    The Report Covers:

    • Comprehensive research methodology of Biofertilizers market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Biofertilizers market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Biofertilizers Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    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 MARKET SEGMENTATION
    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
    5.5.1.1 US
    5.5.1.2 Canada
    5.5.1.3 Mexico
    5.5.1.4 Rest of North America
    5.5.2 Europe
    5.5.2.1 Germany
    5.5.2.2 UK
    5.5.2.3 France
    5.5.2.4 Spain
    5.5.2.5 Italy
    5.5.2.6 Russia
    5.5.2.7 Rest of Europe
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 Japan
    5.5.3.3 India
    5.5.3.4 Australia
    5.5.3.5 Rest of Asia-Pacific
    5.5.4 South America
    5.5.4.1 Brazil
    5.5.4.2 Argentina
    5.5.4.3 Rest of South America
    5.5.5 Africa
    5.5.5.1 South Africa
    5.5.5.2 Rest of Africa

    6 COMPETITIVE LANDSCAPE
    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

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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    Name: Ajay More

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