The global Microalgae For Fertilizers market size is predicted to grow from US$ 33.6 million in 2025 to US$ 43.9 million in 2031; it is expected to grow at a CAGR of 4.6% from 2025 to 2031.
Microalgae are tiny groups of algae whose morphology can only be discerned under a microscope. Microalgae have biostimulant and biofertilizer properties that can improve crop yields and agricultural sustainability that are not readily absorbed by conventional fertilizer crops. Biostimulants are organic materials used in fertilizers. Small amounts of biostimulants can accelerate crop development under favorable and stressful conditions. Biofertilizers containing living organisms and natural substances improve the chemical and biological properties of the soil, restore soil fertility and promote plant growth.
According to the 2022 Statistical Yearbook of the United Nations Agricultural and Food Organization, there are about 866 million people work in agriculture, accounting for more than a quarter of the world"s total labor force and creating $3.6 trillion in added value. According to data, North America was the region with the most fertilizer use in the world in 2021, accounting for 32.6% of the global fertilizer market size. From the perspective of demand, the proportion of micro-fertilizers used in many European countries has reached 45-60%, and the proportion of use in the United States was as high as 60-70%. According to our “Agriculture Research Center”, the global fertilizer consumption was nearly 200 million tons in 2022. According to the National Bureau of Statistics, the total output value of China"s fertilizer manufacturing industry in 2021 was 618.572 billion yuan, with a year-on-year increase of 5.05%. Global fertilizer consumption in 2021 increased by nearly 12 million tons, which compared to 2020. Microalgae are phytoplankton that are invisible to the naked eye but are present in fertilizers. It is an organic material which explains the growth in demand for microalgae fertilizer market. Global trends in global markets focus on better and more sustainable agriculture. Therefore, it is necessary to realize that eutrophication caused by common chemical fertilizers is no longer accepted by the fertilizer market. Microalgae fertilizer labeling offers a solution to the problems of inorganic fertilizers. Due to the industry-wide trend, organic farming will rise and the market for microalgae fertilizers will flourish. An increase in the consumption of organic food will increase the production of organic food, implying a greater demand for bio-fertilizers. A lack of biofertilizers will lead to an increase in microalgae fertilizers.
LP Information, Inc. (LPI) ' newest research report, the “Microalgae For Fertilizers Industry Forecast” looks at past sales and reviews total world Microalgae For Fertilizers sales in 2024, providing a comprehensive analysis by region and market sector of projected Microalgae For Fertilizers sales for 2025 through 2031. With Microalgae For Fertilizers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microalgae For Fertilizers industry.
This Insight Report provides a comprehensive analysis of the global Microalgae For Fertilizers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microalgae For Fertilizers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Microalgae For Fertilizers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microalgae For Fertilizers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microalgae For Fertilizers.
This report presents a comprehensive overview, market shares, and growth opportunities of Microalgae For Fertilizers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Spirulina
Chlorella
Haematococcus
Others
Segmentation by Application:
Biofertilizers
Soil microalgae
Soil Conditioner
Agriculture Herbicide
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
DIC Corporation
Cyanotech Corporation
Microphyt
Roquette
BASF
Fuji Chemical Industries
Mibelle Biochemistry
Parry Nutraceuticals
Algatech
AstaReal
Simris
Valensa International
Yemoja
Allma (Allmicroalgae)
Global EcoPower (Cyane)
Archimede Ricerche
Green A Biological
AlgaEnergy
Phycom
Necton
Key Questions Addressed in this Report
What is the 10-year outlook for the global Microalgae For Fertilizers market?
What factors are driving Microalgae For Fertilizers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Microalgae For Fertilizers market opportunities vary by end market size?
How does Microalgae For Fertilizers break out by Type, by Application?
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