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Biofertilizers Market

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Biofertilizers Market Worth $3.2

billion by 2029


Biofertilizers Market - 2029

Meticulous Research ® —a leading global market research company, published a research report

titled, ‘Biofertilizers Market by Microorganism Type (Nitrogen-fixing Microbes {Rhizobia

Bacteria}, Phosphate Solubilizing Microbes), Crop Type (Cereals & Grains, Oilseeds & Pulses),

Mode of Application (Seed Treatment, Fertigation), Form - Global Forecast to 2029.’

According to this latest publication from Meticulous Research ® , the biofertilizers market is projected

to reach $3.2 billion by 2029, at a CAGR of 11.5% from 2022–2029. The growth of this market is

driven by the growth in organic farming, the rising demand for organic food, the growing concerns

regarding environmental safety, the increasing government initiatives to promote the use of

biofertilizers, and the rising investments from leading market players. Furthermore, the growing

adoption of fertilizers in emerging economies is expected to provide significant opportunities for the

players operating in this market.

Download Free PDF Sample Copy of the Report (with COVID-19 Impact Analysis):

https://www.meticulousresearch.com/download-sample-report/cp_id=5216

Scope of the Report

North America Electric Car Market, by Propulsion Type

• Hybrid Vehicles

o

o

Pure Hybrid Vehicles

• Battery Electric Vehicles

Plug-in Hybrid Vehicles

• Fuel Cell Electric Vehicles

North American Electric Cars Market, by Power Output

• Less Than 100 kW

• 100 kW to 250 kW

North America Electric Car Market, by End-Use

• Private Use

• Commercial Use

North America Electric Car Market, by Country

• U. S.

• Canada

To Gain More Insights into the Market with a Detailed Table of Content and Figures, Click

Here: https://www.meticulousresearch.com/product/north-america-electric-car-market-5216

The global biofertilizers market is segmented by microorganism type (nitrogen-fixing microbes,

phosphate solubilizing & mobilizing microbes, potassium solubilizing & mobilizing microbes, other

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Biofertilizers Market - 2029

microorganism types), crop type (cereals & grains, oilseeds & pulses, fruits & vegetables, other crop

types), mode of application (fertigation, foliar application, seed treatment, other modes of application),

and formulation (dry biofertilizers, liquid biofertilizers). The study also evaluates industry competitors

and analyzes the regional and country-level markets.

Based on microorganism type, in 2022, the nitrogen-fixing microbes’ segment is expected to account

for the largest share of the global biofertilizers market. The large market share of this segment is

attributed to the hazards associated with the use of chemical fertilizers, the rising number of initiatives

by government agencies along with increasing awareness about the need for sustainability in modern

agriculture, the rising adoption of advanced farming with drip irrigation and sprinklers, and the

growing health concerns. In addition, nitrogen-fixing microbes are a more economical, ecological, and

profitable solution to provide nitrogen to plants contributing to their increased adoption.

Based on crop type, the oilseeds & pulses segment is projected to register the highest CAGR during

the forecast period. The rapid growth of this segment is attributed to the rising demand for organic

oilseeds & pulses, the increase in the area under organic oilseed & pulses cultivation, and the rising

demand for plant-based foods.

Based on mode of application, in 2022, the seed treatment is expected to account for the largest share

of the global biofertilizers market. The large market share of this segment is attributed to the several

advantages of seed treatment in biofertilizers, such as increasing seed germination and decreased

incidence of foot and root rot. It also helps to solubilize phosphorous in the soil and improve its

availability. The increasing use of biofertilizers in seed treatment of cereals such as rice, wheat,

sorghum, and maize and oilseeds such as groundnut, sunflower, and soybean are driving the

biofertilizers market.

Based on formulation, the liquid biofertilizers segment is projected to register the highest CAGR

during the forecast period. The rapid growth of this segment is driven by the benefits offered by liquid

biofertilizers, such as high efficiency & absorbability, ease of use, cost-effectiveness, and uniform

application.

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This research report also analyzes major geographies and provides a comprehensive analysis of North

America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, North America

is expected to account for the largest share of the global biofertilizers market. The large market share

of this segment is attributed to the increasing demand for organic products, the increasing health

awareness among consumers, the growing acceptance of biofertilizers among rural farmers,

continuously growing areas under organic cultivation, and the high adoption rate of advanced irrigation

systems, such as drip & sprinkler irrigation for fertigation.

Key Players

The key players operating in the global biofertilizers market are AgriLife (India), American Vanguard

Corporation (U.S.), Chr. Hansen Holding A/S (Denmark), IPL Biologicals Limited (India), Koppert

B.V. (Netherlands), Lallemand Inc. (U.S.), Mapleton Agri Biotec Pt Ltd (Australia), National

Fertilizers Limited (India), Novozymes A/S (Denmark), Rizobacter Argentina SA (Argentina),

Symborg Corporate, SL (Spain), UPL Limited (India), and Vegalab SA (Switzerland).

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Biofertilizers Market - 2029

You can Buy Report from Here: https://www.meticulousresearch.com/Checkout/24320844

Key Questions Answered in the Report-

• Which are the high-growth market segments based on microorganism type, crop type, mode of

application, formulation, and region/country?

• What was the historical market size for biofertilizers across the globe?

• What are the market forecasts and estimates for 2022–2029?

• What are the major drivers, restraints, opportunities, and challenges for the global biofertilizers

market?

• Who are the major players in the global biofertilizers market?

• How is the competitive landscape, and who are the market leaders in the global biofertilizers

market?

• What are the recent developments in the global biofertilizers market?

• What are the geographical trends and high-growth regions/countries?

• Who are the local emerging players in the global biofertilizers market, and how do they

compete with the global players?

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Meticulous Research®

Email- sales@meticulousresearch.com

Contact Sales- +1-646-781-8004

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