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Biofertilizers are the substance containing living or dormant cells of microorganisms such as bacteria, fungi, and algae. These microorganisms help the crops to absorb nutrients more efficiently, hence enabling the proper growth of the plants. Based on the crop and the result to be obtained, the microorganism to be added can be chosen. Some of the benefits of biofertilizers include cost-effectiveness, environment-friendly, as well as the production of plant hormones.
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The biofertilizers market is anticipated to grow during the forecast period owing to growth in the organic food industry and rise in the initiatives undertaken by government agencies. However, poor infrastructure, along with high initial investment, is expected to limit the growth of the biofertilizers market. On the other hand, increasing demand from emerging regions such as the Asia Pacific is likely to showcase growth opportunities for the market during the forecast period.
The “Global Biofertilizers Market Analysis to 2027” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of biofertilizers market with detailed market segmentation by type, form, crop type, mode of application, and geography. The global biofertilizers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading biofertilizers market players and offers key trends and opportunities in the market.
The global biofertilizers market is segmented on the basis of type, form, crop type, and mode of application. Based on type, the market is segmented as nitrogen-fixing, phosphate solubilizing and mobilizing, and potash solubilizing and mobilizing. On the basis of form, the market is classified as, carrier-based biofertilizers and liquid biofertilizers. Based on crop type, the market is categorized as, cereals and grains, fruits and vegetables, oilseeds and pulses, and other crops. On the basis of mode of application, the market is segmented as, seed treatment, soil treatment, and other modes.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global biofertilizers market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The biofertilizers market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting biofertilizers market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the biofertilizers market in these regions.
The reports cover key developments in the biofertilizers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from biofertilizers market are anticipated to lucrative growth opportunities in the future with the rising demand for biofertilizers market in the global market. Below mentioned is the list of few companies engaged in the biofertilizers market.
The report also includes the profiles of biofertilizers market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Biostadt India Limited
MADRAS FERTILIZERS LIMITED
Migrow Agro Products
National Fertilizers Limited
T.STANES & COMPANY LIMITED
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