The Global Biofertilizers Market is expected to grow from $1.41 billion in 2016 to reach $3.92 billion by 2023 with a CAGR of 15.7%. High cost of chemical fertilizers & pesticides, expanding organic food industry, support from government agencies and hazards of chemical fertilizers are some of the factors boosting the market growth.
However, the factors like lack of infrastructure and technological & environmental related issues are limiting the market. Increasing demand for biofertilizers will provide a significant growth opportunity for the market in emerging countries such as China, Japan, India, Argentina and Brazil.
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-n the basis of crop type, cereals & grains segment is expected to acquire largest market share due to growing usage of biofertilizers by the farmers instead of chemical fertilizers in order to grow cereal & grain. North America region is predicted to occupy highest market share owing to imposition of bans on harmful chemicals used as inputs in agriculture.
Some of the key players in Global Biofertilizers Market include Madras Fertilizers Limited, National Fertilizers Limited, Lallemand Inc., Camson Bio Technologies Limited, Rizobacter Argentina S.A., Gujarat State Fertilizers & Chemicals Ltd., Rashtriya Chemicals & Fertilizers Ltd., T.Stanes & Company Limited., Biomax, Growing Power Hairy Hill, Labiofam Grupo Empreserial, Mapleton Agri Biotech Private Ltd, Novozymes A/S, Nutramax Laboratories, Inc. and Symborg S.L.
Crop Types Covered:
-Pulses & Oilseeds
-Fruits & Vegetables
-Cereals & Grains
-Other Crops Types
-Pure & Mixed Liquid Fermentations
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Microorganisms Covered :
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
-Rest of the World
- Middle East
- South Africa
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Biofertilizers Market, By Application
6 Global Biofertilizers Market, By Crop Type
7 Global Biofertilizers Market, By Product
8 Global Biofertilizers Market, By Form
9 Global Biofertilizers Market, By Microorganism
10 Global Biofertilizers Market, By Geography
11 Key Developments
12 Company Profiles
12.1 Madras Fertilizers Limited
12.2 National Fertilizers Limited
12.3 Lallemand Inc.
12.4 Camson Bio Technologies Limited
12.5 Rizobacter Argentina S.A.
12.6 Gujarat State Fertilizers & Chemicals Ltd.
12.7 Rashtriya Chemicals & Fertilizers Ltd.
12.8 T.Stanes & Company Limited
12.10 Growing Power Hairy Hill
12.11 Labiofam Grupo Empreserial
12.12 Mapleton Agri Biotech Private Ltd
12.13 Novozymes A/S
12.14 Nutramax Laboratories, Inc.
12.15 Symborg S.L.
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