September 25, 2019

Biofertilizers Market Report | Industry Size, Share and Forecast To, 2025

The Biofertilizers Market report is accurate in offering effective objectives and conclusions. This report is composed of detailed analysis for efficiently designing new strategies for marketers. The entire report is conducted with the collection of data through surveys and qualitative methodologies analyzed by an experienced analyst. In addition to this, this report contains the overall details of the market, including growth paths, market trends, opportunities, challenges, limitations, and major players of the respective market for the forecast period of 2018 to 2025. In a nutshell, the report is a reliable source to analyze and design new strategies for marketing managers.

Biofertilizers are inputs of living microorganisms that supply the necessary nutrients to applied plants/crops. Living microorganisms provide the soil and plant with primary nutrients and organic matter in the soil by maintaining fertility by continuing the natural nutrient cycle. It is beneficial for the growth of the plants through an application on the seed, plant surfaces or in soil. The use of biofertilizers will restrict the usage of chemical fertilizers and pesticides. Biofertilizers are produced from human and organic wastes, which are rich in nutrients required by the plants and soil.

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Global biofertilizers market is segmented based on crop types such as cereals and grains, pulses and oilseeds and fruits and vegetables. Biofertilizers for fruits and vegetables are the major type in demand owing to the need for rising food demands. Based on microorganisms, the global biofertilizers market is segmented as rhizobium, azotobacter, azospirillium, cyanobacteria, and phosphate-solubilizing bacteria. Based on products, the global biofertilizers market is segmented as nitrogen-fixing, phosphate solubilizers and other (potash mobilizing, zinc solubilizing, etc.). Global biofertilizers market find major applications in seed treatment and soil treatment. Seed treatment is the widely adopted application whereas, in the Asia Pacific, soil treatment is at preference.

Biofertilizers Market

North America followed by Europe account the major market share in the global biofertilizers market. The Asia Pacific is the leading region in terms of demand with major application as soil treatment in the global biofertilizers market. This region is flourishing, owing to the growth in demand from markets such as India, China and Taiwan. Growing agricultural activities and awareness & preference to organic food is driving the global biofertilizers market. Latin America is projected to experience rapid growth in the global biofertilizers market and Brazil to flourish in the region. In the global biofertilizers market, CBF China Biofertilizers AG, Novozymes A/S, Agri Life, Antibiotice S.A, Biomax, Mapleton Agribiotec, Labiofam S.A. and Symborg S.L and others are the major companies striving to meet the global demand.

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