Biofertilizers Market Forecast 2020 – 2027 Top Key Players Analysis


Posted November 19, 2020 by shaqibakram

The major factors contributing to the growth of the biofertilizers market include the increasing awareness for biofertilizers among the farmers and the rising amount of organic farmland.

 
The market research offers historical and forecasts market data, demand, segmentation, price trends, and company shares of the leading players. The report splits the market size, by volume and value, on the basis of type, form, mode of application, crop type, and geography. First, this report covers the present status and the future prospects of the market over the forecast period. And in this report, we analyze the global market from 4 geographies: Asia-Pacific, Europe, North America, and Rest of the World. At the same time, we have classified the Biofertilizers Market according to the type, form, mode of application, crop type, and by regions.

For Additional Insights, Click to Access Complete Report: https://www.gmiresearch.com/report/biofertilizers-market/

Competitive Landscape: The Biofertilizers Market report also scans the competitive landscape and profiles the major players operating in the market, including Vegalab S.A., Novozymes, Kan Biosys Kiwa Bio-Tech Products Group Corporation, Chr. Hansen Holding A/S, IPL Biologicals, T.Stanes & Company Limited, Rizobacter S.A., Nutramax Laboratories, Inc., and Lallemand Inc.

Biofertilizers Market drivers:

The major factors contributing to the growth of the biofertilizers market include the increasing awareness for biofertilizers among the farmers and the rising amount of organic farmland. Biofertilizers offer various benefits as compared to fertilizers as they help to maintain the quality of soil while improving the growth of the plants. The growing awareness about the advantages of biofertilizers among the farmers has surged its adoption. The growth in the rate of population is further surging the demand for food products. Biofertilizers enhance the productivity of the crops and raise the yield per hectare, which allows the supplier to meet the demand. This factor is projected to boost the growth of the biofertilizers market.

The outbreak of COVID-19 has affected every business up to an extent. It has severely impacted the supply chain of various businesses as nobody felt safe in buying any products. However, the market is anticipated to grow as the biofertilizer suppliers are taking the required precautions regarding the coronavirus. In addition to this, the increasing awareness among people associated with their health which will accelerate the growth of the biofertilizers market in this pandemic. People have become more health-conscious and aware of chemical-free food products. This factor has impacted the farmers to use biofertilizers, thus propelling the growth of the global biofertilizers market.

The study objectives of this report are:

To analyze the global region’s market potential and advantages, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
Biofertilizers Market Segmentation:

By Type:

Nitrogen-fixing biofertilizers
Phosphate solubilizing & mobilizing biofertilizers
Potassium solubilizing & mobilizing biofertilizers
Others
By Form:

Liquid
Carrier-based Biofertilizer
By Mode of Application:

Soil Treatment
Seed Treatment
Others
By Crop Type:

Cereals & grains
Pulses & Oilseeds
Fruits & vegetables
Others
By Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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Last Updated November 19, 2020