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Global Biofertilizers Market Size, Trends & Growth Opportunity and By Product (Phosphate Solubilizing, Nitrogen Fixing, and Others), By Application (Seed Treatment and Soil Treatment), By Crop Type (Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables

Publisher QualiKet Research
Published Dec 01, 2022
Length 144 Pages
SKU # QUA17704136

Description

Global Biofertilizers Market Size, Trends & Growth Opportunity and By Product (Phosphate Solubilizing, Nitrogen Fixing, and Others), By Application (Seed Treatment and Soil Treatment), By Crop Type (Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables, and others), By Region and Forecast till 2027.

Global Biofertilizers Market

The Global Biofertilizers Market is expected to grow from US$ 1.02 Billion in 2021 to US$ 3.51 Billion by 2027; it is estimated to grow at a CAGR of 22.86% from 2022 to 2027.

Biofertilizers consists of living microorganisms which help in the growth of plants by increasing the supply of nutrients to it. Biofertilizers are used in natural cultivation which is expected to drive the global Biofertilizers market growth in near future. Nitrogen fixing fertilizers are widely used by farmers in production of various crops such as oilseed, and rice.

Drivers

Rise in usage of microbes in Biofertilizers for sustainable farming method & food safety is the key driving factor which is expected to boost the global Biofertilizers market growth. Furthermore, rise in concern related to food safety will have the positive impact on market growth. Moreover, increase in soil and water pollution due to excessive usage of chemical fertilizers will fuel the market growth. In addition to that, rise in support from government and launch of new programs to spread awareness about their benefits will propel the market growth.

Restraints

However, environmental and technological constraints are the major restraining factors which are expected to hamper the global Biofertilizers market growth. Also, poor infrastructure & high initial investments will affect the market growth.

Impact of Covid-19

The COVID-19 pandemic halted global economic activity due to numerous socioeconomic changes it brought about. Due to the uneven supply of raw materials in various countries, producers of biofertilizers and organic fertilisers face challenges similar to those faced by those in the traditional fertiliser business. Because there aren't many carriers, price gouging by some logistics firms has become a significant problem. Demand for bio-based fertilisers fell as a result of the unpredictability of the situation. A few prominent industry participants also reported decreasing revenue in 2020.

Segmentation By Product Type: Global Biofertilizers Market is classified on the basis of Product Type into Phosphate Solubilizing, Nitrogen Fixing, and Others. In the worldwide biofertilizers market, the nitrogen-fixing sector accounted for the greatest market share. Biological fertilisers that solubilize phosphate and fix nitrogen have been used to grow high-demand crops including wheat, rice, oilseeds, and others. Biological fertilisers with nitrogen can balance the nitrogen content of the soil, which benefits the crop.

Segmentation By Application: Global Biofertilizers Market is classified on the basis of Application into Seed Treatment and Soil Treatment. In 2021, the seed treatment application category accounted for the greatest market share for biofertilizers. It kept the greatest market share since seed treatment applications for supplying biofertilizers were so widely used. Crop and plant seeds are treated with biofertilizers to prevent virus or bacterial infections, significantly reducing agricultural output.

Segmentation By Crop Type: Global Biofertilizers Market is classified on the basis of Crop Type into Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables, and others.

Segmentation By Region: Global Biofertilizers Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The expected era saw a growth in the use of biofertilizers as well as a rise in farmers' demand for organic foods, with North America accounting for the largest proportion of the worldwide biofertilizer market. Farmers in numerous North American countries are employing drip and sprinkler irrigation more frequently for fertigation, which is growing the market for biofertilizers in the area.

Competitive Landscape:

The key players in Global Biofertilizers Market are Novozymes A/S, Gujarat State Fertilizers & Chemicals Ltd, Rizobacter Argentina S.A., Rashtriya Chemicals & Fertilizers Limited, T. Stanes & Company Limited, National Fertilizers Limited, Madras Fertilizers Limited, International Panaacea Limited, and Lallemand Inc.

Industrial Development
  • The usage of Rizonema seed treatment will be promoted in July 2021 by Marrone Bio, a global leader in biological protection and plant health solutions, and Rizobacter, a division of Bioceres Crop Solutions Corporation and a leader in sustainable agricultural solutions globally. By way of an enlarged distribution arrangement, Rizonema, which is for nematodes and soil-dwelling insects, could be used in Brazil for field crops.
Market Taxonomy

By Product
  • Phosphate Solubilizing
  • Nitrogen Fixing
  • Others
By Application
  • Seed Treatment
  • Soil Treatment
By Crop Type
  • Oilseeds & Pulses
  • Cereals & Grains
  • Fruits & Vegetables
  • Others
By Region
  • North Americ
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in RF Phase Shifter Market?
  • What will be the growth rate from 2022 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?

Table of Contents

144 Pages
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Biofertilizers Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Biofertilizers Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Biofertilizers Market Share Analysis, By Product
5.3 Global Biofertilizers Market Size and Forecast, By Product
5.3.1 Phosphate Solubilising
5.3.2 Nitrogen Fixing
5.3.3Others
6 Global Biofertilizers Market , By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Biofertilizers Market Share Analysis, By Application
6.3 Global Biofertilizers Market Size and Forecast, By Application
6.3.1 Seed Treatment
6.3.2 Soil Treatment
7 Global Biofertilizers Market, By Crop Type
7.1 Y-o-Y Growth Comparison, By Crop Type
7.2 Global Biofertilizers Market Share Analysis, By Crop Type
7.3 Global Biofertilizers Market Size and Forecast, By Crop Type
7.3. 1 Oilseed & Pulses
7.3.2 Cereals & Grains
7.3.3Fruits & Vegetables
7.3.4Others
8 Global Biofertilizers Market, By Region
8.1 Global Biofertilizers Market Share Analysis, By Region
8.2 Global Biofertilizers Market Share Analysis, By Region
8.3 Global Biofertilizers Market Size and Forecast, By Region
9 North America Biofertilizers Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Biofertilizers Market Share Analysis, By Product
9.3 North America Biofertilizers Market Size and Forecast, By Application
9.4 North America Biofertilizers Market Size and Forecast, By Crop Type
9.5 North America Biofertilizers Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Biofertilizers Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Biofertilizers Market Share Analysis, By Product
10.3 Europe Biofertilizers Market Size and Forecast, By Application
10.4 Europe Biofertilizers Market Size and Forecast, By Crop Type
10.5 Europe Biofertilizers Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Biofertilizers Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Biofertilizers Market Share Analysis, By Product
11.3 Asia Pacific Biofertilizers Market Size and Forecast, By Application
11.4 Asia Pacific Biofertilizers Market Size and Forecast, By Crop Type
11.5 Asia Pacific Biofertilizers Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Biofertilizers Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Biofertilizers Market Share Analysis, By Product
12.3 Latin America Biofertilizers Market Size and Forecast, By Application
12.4 Latin America Biofertilizers Market Size and Forecast, By Crop Type
12.5 Latin America Biofertilizers Market Size and Forecast, Country
13 Middle East Biofertilizers Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Biofertilizers Market Share Analysis, By Product
13.3 Middle East Biofertilizers Market Size and Forecast, By Application
13.4 Middle East Biofertilizers Market Size and Forecast, By Crop Type
13.5 Middle East Biofertilizers Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Novozymes A/S
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Gujarat State Fertilizers & Chemicals Ltd
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Rizobacter Argentina S.A
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Rashtriya Chemicals & Fertilizers Limited
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 T. Stanes & Company Limited
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 National Fertilizers Limited
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Madras Fertilizers Limited
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 International Panaacea Limited
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Lallemand Inc
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies

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