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Biofertilizers Market by Form, Mode of Application, Crop Type, Region - Global Forecast to 2025

The biofertilizers market is estimated to be valued at USD 2.0 billion in 2019 and is projected to reach USD 3.8 billion by 2025, recording a CAGR of 11.2% during the forecast period. The market is driven primarily by the increasing organic farmland as well as the rising acceptance of biofertilizers among farmers.

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Biofertilizers Market by Form, Mode of Application, Crop Type, Region - Global Forecast to 2025

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  1. MarketsandMarkets™ Presents Biofertilizers Market - Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/compound-biofertilizers-customized-fertilizers-market-856.html

  2. The report "Biofertilizers Market by Form (Liquid, Carrier-Based), Mode of Application (Soil Treatment, Seed Treatment), Crop Type, Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potash Solubilizing & Mobilizing), Region - Global Forecast to 2025" The biofertilizers market is projected to reach USD 3.8 billion by 2025, from USD 2.0 billion in 2019, recording a CAGR of 11.2% during the forecast period. Rising awareness about the hazards of chemical fertilizers among consumers, soil degradation, nitrate emissions, along with government initiatives, is projected to witness significant growth during the forecast period. Browse 76 market data Tables and 40 Figures spread through 157 Pages and in-depth TOC on "Biofertilizers Market - Global Forecast to 2025“ With the increasing demand for organic food products, North America is estimated to dominate the biofertilizers market in 2019 Changing lifestyle and increasing buying power among consumers has increased the demand for biofertilizers. High adoption of advanced irrigation systems such as drip & sprinkler irrigation and widespread acceptance of biofertilizers among the farmers is further propelling the market growth. The farmers in this region are highly skilled in terms of knowledge and machinery. Due to the rampant use of chemical fertilizers, the fertility of the soil is declining. To maintain soil fertility as well as the yield of crops, farmers are sustainably opting for biofertilizers. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=856

  3. Report Objectives: • To determine and forecast the size of the biofertilizers market, by form, by mode of application, crop type, type, and region • To identify attractive opportunities in the biofertilizers market by determining the largest and fastest-growing segments across regions • To strategically analyze the demand-side factors based on the following: • Impact of macro- and microeconomic factors on the market • Shifts in demand patterns across different subsegments and regions • To identify the key drivers and restraints that have an impact on the global market • To strategically profile the key players and comprehensively analyze their market positions in terms of core competencies, along with detailing the competitive landscape for market leaders • To provide insights on the key investments in product innovations and patent registrations • Key Market Players: • Key companies in the biofertilizers market are Novozymes (Denmark), T Stanes & Company Ltd. (India), SOM Phytopharma (India) Ltd. (India), International Panaacea Limited (India), Kan Biosys (India), Kiwa Biotech (China), Symborg (Spain), Madras Fertilizers Limited (India), Gujarat State Fertilizers & Chemicals Ltd. (India), Lallemand Inc. (Canada), National Fertilizers Limited (India), Rizobacter Argentina S.A (Argentina), Rashtriya Chemicals & Fertilizers Ltd, (India), and Mapleton Agribiotech (Australia). • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=856

  4. Based on form, liquid biofertilizers is estimated to account for a major value share in 2019 Of both the forms, the usage of liquid biofertilizers remains substantially high, globally. This is due to its higher shelf life as compared to carrier-based biofertilizers. Liquid biofertilizers have a life expectancy of 2 to 3 years, making it more convenient and affordable for farmers in developing countries. Moreover, liquid fertilizers have better tolerance limits for adverse conditions. The quality control protocols for liquid biofertilizers are also easy and expeditious compared to carrier-based biofertilizers. Higher consumption of biofertilizers for organic fruits & vegetables contributes to the growth of the biofertilizers market in this segment Biofertilizers have proved to be useful in numerous ways, including improving the quality, shelf-life, and yield of fruits & vegetables. The increasing trend of consumer preferences for organic fruits & vegetables due to changing lifestyle and rising per capita income is the primary factor driving market growth. A rising trend in the cultivation of organic fruits & vegetables and those under IPM practices have also created a positive impact on the growth of the biofertilizers market. Based on type, the nitrogen-fixing biofertilizers segment is projected to witness higher growth in the biofertilizers market Biofertilizers has a direct effect on crops where its application enhances the population of beneficial soil microorganisms. They also secrete plant hormones which favor germination and root growth. Nitrogen-fixing microbe biofertilizers are used for leguminous as well as for non-leguminous crops. They are used to grow other crops as well, especially rice and sugarcane. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=856

  5. Recent Developments: • In June 2019, Novozymes (Denmark) announced plans to continue its research and distribution partnership with Bayer (Germany), where Novozymes could form multi-partnership with UPL (India) and Univar Solutions (US) to distribute its biological products. • In July 2018, Rizobacter Argentina (Argentina) registered an inoculant for chickpea. This product would help to increase the potential pulses market of Europe and India. • In May 2016, Lallemand Inc. (Canada) acquired Lage y Cia (Uruguay), a prominent seed inoculant company in South America. This acquisition would help Lallemand in the product development of yeast, fungi, and bacteria as a biostimulant, biocontrol, and biofertilizer agent in the agriculture industry.   • Key questions addressed by the report: • Which region will account for the highest share in the biofertilizers market? • How would the declining availability of infrastructure impact the growth of the biofertilizers market globally? • What are the trends and factors responsible for influencing the adoption rate of biofertilizers in key emerging countries? What is the level of support offered by governments across these countries to the manufacturers? • Which are the key players in the market and how intense is the competition? • Will the disruption in agriculture technologies & practices impact the growth of the biofertilizers market? • Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=856

  6. Contact Us Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.comBlog @ https://mnmblog.org/market-research/agriculture Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

  7. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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