Biofertilizers Market Size, Share, Growth | Industry Report, 2021


Posted December 9, 2016 by OliveDavid

According to the report "Biofertilizers Market", published by Market Data Forecast, the global market is projected to reach USD 1760.39Million by 2021, at a CAGR of 13.6% from 2016 to 2021.

 
Biofertilizers play a crucial role in improving organic content in soil, which supplies necessary nutrients to plants.These are low cost renewable sources of plant nutrients which supplement chemical fertilizers. Use of Biofertilizers is one of the essential components of combined nutrient management, as they are cost effective and renewable source of plant nutrients to enhance the chemical fertilizers for sustainable agriculture.

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Significant R&D efforts have been started in the last few years along with rising awareness of the farmers; these are the major factors driving the growth of this market. The market is driven by aspects such as rise in demand for fertilizers due to the increase in food production and advancement in bio fertilizer manufacturing machineries.

[b]Segmentation: [/b]
By Type:[/b]
• Nitrogen Fixing
• Phosphate Solubilizing
• Potash Mobilizing

[b]By Crop Type:[/b]
• Cereals & Grains
• Pulses & Oilseeds
• Fruits & Vegetables

[b]By Microorganism:[/b]
• Azotobacter
• Azospirillium
• Rhizobium
• Phosphate Solubilizing Bacteria
• Cyanobacteria

[b]By Mode of Application:[/b]
• Seed Treatment
• Soil Treatment

[b]By Form:[/b]
• Pure & Mixed Liquid Fermentations
• Dispersible Granules
• Pellets

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The value chain includes producers in the Biofertilizers market and they are Lallemand Inc. (Canada), Camson Bio Technologies Limited (India), Rizobacter Argentina S.A. (Argentina), Novozymes A/S (Denmark), Camson Bio Technologies Limited (India) and Nutramax Laboratories Inc. (U.S.), Symborg S.L., Mapleton Agri Biotech Private Ltd and AgriLife.

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[b]About us[/b]

Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.

[b]Contact:[/b]
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Team Lead (Business Development)
Market Data Forecast
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[b]Email @[/b] [email protected]
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Issued By Market Data Forecast
Phone +1-888- 702-9626
Country United States
Categories Agriculture , Environment , Industry
Tags biofertilizer market analysis , biofertilizers and biopesticides , biofertilizers market by type , biofertilizers market size , biofertilizers production
Last Updated December 9, 2016