Biofertilizer Market - PR

1. Global Biofertilizer Market Should Grow at a CAGR of ~14% from 2023 to 2035 Following the High Demand for Organic Food and the Alarming Concern on Environmental Pollution, Finds Kenneth Research Kenneth Research published a report titled “Biofertilizer Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global biofertilizer market in terms of market segmentation by type, application, microorganism, crop type, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. According to Kenneth Research, the global biofertilizer market should garner revenue of ~USD 7 billion by 2035, up from ~USD 2 billion in 2022. The rising demand for organic food as a result of COVID-19- induced health consciousness and the grave concerns regarding the environmental pollution caused by chemical fertilizers are thought to be the leading factors driving the market growth. Further, the growing food demand,

2. expansion of precision farming, and the high costs of chemical fertilizer applications should contribute to the development of the market. For more information’s@https://www.kennethresearch.com/report-details/aptamers- market/10352507 The global biofertilizer market should exhibit growth at a CAGR of ~14% and is segmented by crop type into cereals, pulses & oilseeds, fruits & vegetables, and others. Of these, the segment of fruits & vegetables is anticipated to grow at the fastest pace in the forecast period backed by a shift toward healthy eating habits in consumers. Consumers who are aware of the harmful effects of chemical usage on food are utilizing their improved purchasing capabilities to choose organic food over others. The regional segmentation of the global biofertilizer market includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The biofertilizer market growth in North America should result from the future growth of organic food and organic agriculture in the area. The regional market growth is also a natural consequence of the ban on several harmful chemicals and fertilizers there. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. Adverse Effects of Chemical Fertilizers on the Environment to Propel Market Growth

3. The manufacturing of synthetic N fertilizers was observed to contribute up to~2% of global emissions, thereby becoming an extremely harmful industrial chemical polluting the environment. The nitrates and phosphates contained in the chemical fertilizers are the primary reasons for the pollution of water bodies, considering the deterioration of Oxygen levels and the excessive algal blooms they induce through eutrophication and the formation of hypoxic water. However, the insufficient manufacturing infrastructure, the need for high capital expenditure, and the unfamiliarity with the benefits of biofertilizers are expected to operate as key restraints to the growth of the global biofertilizer market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global biofertilizer market which includes company profiling ofNovozymes A/S, Vegalab SA, UPL INDIA LTD, Chr. Hansen Holding A/S, Kiwa Bio-Tech Products Group Corporation, Lallemand Inc, Rizobacter Argentina S.A., T.Stanes & Company Limited., IPL Biologicals Limited, Nutramax Laboratories, Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global biofertilizer market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Request Report Sample@ https://www.kennethresearch.com/sample-request- 10352508 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through

4. strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: sales@kennethresearch.com U.S. Phone: +1 313 462 0609