The global demand for Biofertilizers Market is presumed to reach the market size of nearly USD 9.11 Billion by 2032 from USD 2.85 Billion in 2023 with a CAGR of 13.8% under the study period 2024 - 2032.Regarding volume, the market was calculated XX Kilo Tons in 2023 and forecast to touch XX Kilo Tons by 2032 with a CAGR of XX% during 2024-2032.
Biofertilizer is a chemical made up of live microorganisms that aid plant growth by increasing the number of nutrients. It enhances soil nutrients or makes them physiologically accessible for plants when applied to seed, soil, or plants. Biofertilizers are essential in natural farming. Farmers increasingly use nitrogen-fixing biofertilizers to cultivate high-demand crops, including wheat, rice, and soybeans. These biofertilizers can help balance nitrogen levels in the soil, allowing plants to grow correctly. Biofertilizers are microorganisms that assist plants and trees thrive by boosting the delivery of essential plant nutrients. Biofertilizers help to increase soil fertility and make it biologically active. These fertilizers are beneficial for plant nutrition while also being environmentally benign in soil production. Nitrogen-fixing biofertilizers help to improve crop quality by providing nitrogen in the roots of a plant, which keeps it safe from germs. It also aids the stability of plant growth-promoting rhizobacteria, which helps to retain the soil's original productivity.
Increased levels of nitrogen and phosphorus available to plants more naturally than other fertilizers and restoration of soil by restoring its normal fertility are driving the worldwide biofertilizers industry. Furthermore, biofertilizers aid in enhancing soil texture and quality, allowing plants to grow more effectively under adverse conditions such as drought. Again, biofertilizers are a low-cost and simple-to-use alternative to petrochemical fertilizers. However, a key restraint on the market for biofertilizers is that they require specific handling for long-term storage and must be used before their expiration date. Another key stumbling block to market expansion is a lack of suitable organic agricultural training and poor biofertilizer expertise among farmers. Furthermore, favourable government policies supporting organic farming techniques and reducing conventional fertilisers positively influence the industry trend.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of biofertilizers. The growth and trends of biofertilizers industry provide a holistic approach to this study.
This section of the biofertilizers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
By Application
By Crop Type
This section covers the regional outlook, which accentuates current and future demand for the Biofertilizers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Biofertilizers market include CBF China Biofertilizers, Novozymes A/S, AgriLife, Mapleton Agri Biotec, Biomax, Rizobacter Argentina SA, Symborg S.L., National Fertilizers Ltd., Antibiotice S.A., Lallemand Inc., Labiofam SA, Sigma Agri-Science LLC, Agrinos Inc., Fertilizers USA LLC, Kiwa Bio-Tech Products Group Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . BIOFERTILIZERS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Product
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By Crop Type
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL BIOFERTILIZERS MARKET ANALYSIS BY PRODUCT
5.1 Overview by Product
5.2 Historical and Forecast Data
5.3 Analysis by Product
5.4 Nitrogen Fixing Historic and Forecast Sales by Regions
5.5 Phosphate Solubilizing Historic and Forecast Sales by Regions
5.6 Others Historic and Forecast Sales by Regions
6 . GLOBAL BIOFERTILIZERS MARKET ANALYSIS BY APPLICATION
6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Seed Treatment Historic and Forecast Sales by Regions
6.5 Soil Treatment Historic and Forecast Sales by Regions
7 . GLOBAL BIOFERTILIZERS MARKET ANALYSIS BY CROP TYPE
7.1 Overview by Crop ...
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