Worldwide Biofertilizer Industry to 2027 – Featuring Novozymes, National Fertilizers and Lallemand Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Biofertilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global biofertilizer market reached a value of US$ 2.38 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 5.31 Billion by 2027, exhibiting a CAGR of 14.66% during 2022-2027.
Companies Mentioned
- Novozymes A/S
- National Fertilizers Limited
- Madras Fertilizers Limited
- Gujarat State Fertilizers & Chemicals Ltd.
- Rizobacter Argentina S.A.
- T.Stanes & Company Limited
- Camson Bio Technologies Limited
- Rashtriya Chemicals & Fertilizers Ltd.
- Lallemand Inc.
- Nutramax Laboratories, Inc.
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor
Biofertilizers are made from biological waste that contains living microorganisms. Unlike chemical fertilizers, which offer direct nutrition to the plant, biofertilizers help in improving the overall soil fertility. The microorganisms present in these fertilizers decompose organic matter and breakdown complex minerals for easy absorption by plants. This process enriches the soil with nutrients, which in turn promotes healthy plant growth.
Moreover, biofertilizers do not allow pathogens to grow, which helps in preventing crop diseases. The several advantages offered by biofertilizers over their chemical counterparts have led to their rapid adoption in the agriculture sector. Although the penetration of biofertilizers is still at a nascent stage, both the developing and emerging markets are expected to provide numerous growth opportunities over the next few years.
The understanding of the environmental hazards caused by the use of synthetic agrichemicals, primarily the pollution and contamination of the soil and the food chain, has pushed the demand for biological products. Apart from this, growing health concerns have also urged people to adopt organic foods and other agricultural products. Another major factor driving the sales of biofertilizers is the increasing implementation of favorable regulatory policies by various governments
Key Question Answered in this Report
1. What is the market size for the global biofertilizers market?
2. What is the global biofertilizers market growth?
3. What are the global biofertilizers market drivers?
4. What are the key industry trends in the global biofertilizers market?
5. What is the impact of COVID-19 on the global biofertilizers market?
6. What is the global biofertilizers market breakup by type?
7. What is the global biofertilizers market breakup by crop?
8. What is the global biofertilizers market breakup by microorganism?
9. What is the global biofertilizers market breakup by mode of application?
10. What are the major regions in the global biofertilizers market?
11. Who are the key companies/players in the global biofertilizers market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Biofertilizer Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Price Trends
5.5 Market Breakup by Region
5.6 Market Breakup by Type
5.7 Market Breakup by Crop
5.8 Market Breakup by Microorganism
5.9 Market Breakup by Mode of Application
5.10 Market Forecast
5.11 SWOT Analysis
5.12 Value Chain Analysis
5.13 Porter’s Five Forces Analysis
5.14 Key Market Drivers and Success Factors
6 Performance of Key Regions
7 Market Breakup by Type
8 Market Breakup by Crop
9 Market Breakup by Microorganism
10 Market Breakup by Mode of Application
11 Competitive Landscape
11.1 Market Structure
11.2 Key Player
12 Biofertilizer Manufacturing Process
12.1 Product Overview
12.2 Detailed Process Flow
12.3 Various Types of Unit Operations Involved
12.4 Mass Balance and Raw Material Requirements
13 Project Details, Requirements and Costs Involved
14 Loans and Financial Assistance
15 Project Economics
16 Key Player Profiles
For more information about this report visit https://www.researchandmarkets.com/r/8x3i3l
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