Global Biofertilizers Market Insights, Size and Growth Forecast To 2027

Global Biofertilizers Market by Form (Liquid, and Carrier-Based), by Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potash Solubilizing & Mobilizing), by Crop Type (Cereals, Legumes, Fruits and Vegetables, Plantation Crops and Other), by Application (Soil Treatment, Seed Treatment) and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa)

Published: Feb-2020	Report ID: CHEM2003	Pages: 1 - 108	Formats^*:
Category : Chemical & Materials

Global Biofertilizers Market: Overview

The biofertilizer, also known as microbial fertilizer, is released in the soil to promote the growth and proliferation of beneficial microorganisms in the soil. The benefits of microorganisms include, they decompose more nitrogen, phosphorus, potassium, and other nutrients in the soil and promote the absorption and utilization of plant growth and development. Biofertilizer is a high-efficiency organic fertilizer made from urban and rural organic wastes used as raw materials, supplemented with biological inoculants and other additives through biological scientific methods.

Bio-fertilizer provides nutrients to crops, and it can also increase soil organic matter, improve soil structure, and improve rhizosphere beneficial bacteria. Bio-fertilizer is a replacement for chemical fertilizer. Thus it is an inevitable choice for sustainable agricultural development.

Global Biofertilizers Market: Insights

The Biofertilizers market was valued at USD 2.3 billion in 2019 and expected to generate USD 4.7 billion, registering a CAGR of 8.83% during the forecast period (2020-2027). The rising demand for organic farming anticipated triggering the global biofertilizers market in the upcoming years. Additionally, the increasing health consciousness, environmental awareness, and rising disposable income across the globe will foster the global biofertilizers market in the estimated period. Moreover, the booming economies of some developing countries have increased consumers' bargaining power, which has led to a rising demand for organic products in the forecast periods.

Bio-fertilizer replacement of chemical fertilizer is an inevitable choice for sustainable agricultural development. As consumers are well aware of the dangers of fertilizers, environmental issues such as soil degradation, nitrate pollution, and related government initiatives will drive significant growth in the biofertilizer market. Additionally, changes in consumer lifestyles and increased purchasing power have prompted the growth in biofertilizers market during the expected years. Furthermore, the heavy use of advanced irrigation systems such as drip irrigation and sprinkler irrigation, as well as increasing acceptance of farmers for biological fertilizers, will further promote the growth of the biofertilizers market in the next few years.

The rise in demand for food coupled with a decline in arable land, growing adoption of soil fertility management will enhance the growth of the biofertilizers market during the projected periods. The SPER market research report of Biofertilizers Market includes all integrated approaches to the growth of the market along with an accurate & elaborate analysis of the complete competitive situation of this market on a global level. Besides the current analytical & statistical account, the report cloaks the trends market drivers, challenges, potential opportunities, which affect the market. This market report discusses the present situation to predicted trends & aspects of the growth of the Biofertilizers market. Furthermore, it gives a dynamic overview & insights related to the market at both global as well as regional scale.

Global Biofertilizers Market: Form Insight

Based on form, the global Biofertilizers market bifurcated into liquid, and Carrier-Based. The Liquid segment likely to lead the market by 2027, owing to its higher shelf life and have better tolerance limits for adverse conditions.

Global Biofertilizers Market: Type Insight

Based on the type, the global Biofertilizers market categorized into Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, and Potash Solubilizing & Mobilizing. The Nitrogen-Fixing segment projected to acquire major share by 2027 as nitrogen-fixing microbe biofertilizers are mostly used for leguminous as well as for non-leguminous crops which are providing a boost for the segment.

Global Biofertilizers Market: Crop Type

Based on the crop type, the global Biofertilizers market segregated into Cereals, Legumes, Fruits and Vegetables, Plantation Crops, and Other. The Fruits and Vegetables anticipated generating maximum revenue by 2027, on account of the growing consumer preferences for organic fruits & vegetables due to changing lifestyle and increasing per capita income.

Global Biofertilizers Market: Application Insight

Based on the application, the global Biofertilizers market bifurcated into Soil Treatment, and Seed Treatment. The Soil treatment expected to lead the market, due to the seeds treated with biofertilizers, helps them sustain bacteria and virus attacks and also aids in increasing the yield.

Global Biofertilizers Market: Regional Insight

By geography, the global Biofertilizers market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America dominates the market owing to the upsurge in environment-friendly and organic farming practices, which leads to increased demand for biofertilizer products, particularly in the United States and Canada.

The report presents a detailed assessment of the various factors influencing the market's trajectory into 2020 and 2027. It covers all the crucial information of the leading companies operating in the global Biofertilizers market. Besides highlighting the product offerings, the report also calculates revenue generated over the period and their position in the market.

REPORT HIGHLIGHTS

Overview of key market forces restraining and propelling market growth.
Provide demand, current & past status & also the forecasting up to 2027.
Provide complete overview including type, form, crop type, and application & forecast region.
Provide focused analysis of key manufacturers with their production volume, market share & also help to identify market competition landscape with SWOT analysis.
Historical, current, and projected market size in terms of value.
Analyze the global & regional potential market, advantages, risk & opportunity.
Identify significant factors and trends driving or inhibiting the market growth.
In-depth coverage of the complete market in terms of supplier, buyer, price, trend, growth & forecasting.

THE REPORT COVERS ANALYSIS OF BIOFERTILIZERS MARKET, BY TYPE

Nitrogen-Fixing
Phosphate Solubilizing & Mobilizing
Potash Solubilizing & Mobilizing
THE REPORT COVERS ANALYSIS OF BIOFERTILIZERS MARKET, BY FORM
Liquid
Carrier-Based

THE REPORT COVERS ANALYSIS OF BIOFERTILIZERS MARKET, BY CROP TYPE

Cereals
Legumes
Fruits and Vegetables
Plantation Crop
Other

THE REPORT COVERS ANALYSIS OF BIOFERTILIZERS MARKET, BY APPLICATION

Soil Treatment
Seed Treatment

THE REPORT COVERS EXHAUSTIVE ANALYSIS ON

Market Segments
Market Dynamics
Brands in Market
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved
Forecasting
Technology

THE REPORT INCLUDES REGIONAL ANALYSIS ON

North America (Canada, US, Mexico, & Rest of North America Available)
Asia-Pacific (China, India, South Korea, Japan & Rest of Asia Pacific Available)
Europe (Germany, Spain, France, United Kingdom & Rest of Europe Available)
Central & South America (Brazil, Argentina & Rest of South America Available)
Middle East & Africa (GCC Countries, South Africa, & Rest of MEA available)

KEY PLAYERS OF BIOFERTILIZERS MARKET

Novozymes
T Stanes & Company Ltd
SOM Phytopharma
Ltd International Panaacea Limited
Kan Biosys
Kiwa Biotech
Symborg
Madras Fertilizers Limited
Gujarat State Fertilizers & Chemicals Ltd
Lallemand Inc.
National Fertilizers Limited
Rizobacter Argentina S.A
Rashtriya Chemicals & Fertilizers Ltd
Other Prominent Players

Note: The segmentation & companies provided are subject to change/modification as per the availability of data during the final study.

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Market Dynamics

4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges

4.3. COVID-19 Impact of the Biofertilizers Market
4.4. Market Trends

5. Global Biofertilizers Market, By Form, 2021-2027 (USD Million)

5.1. Liquid
5.2. Carrier-Based

6. Global Biofertilizers Market, By Type, 2021-2027 (USD Million)

6.1. Nitrogen-Fixing
6.2. Phosphate Solubilizing & Mobilizing
6.3. Potash Solubilizing & Mobilizing

7. Global Biofertilizers Market, By Crop Type, 2021-2027 (USD Million)

7.1. Cereals
7.2. Legumes
7.3. Fruits & Vegetables
7.4. Plantation Crops
7.5. Other

8. Global Biofertilizers Market, By Application, 2021-2027 (USD Million)

8.1. Soil Treatment

8.2. Seed Treatment

9. Global Biofertilizers Market, By Geography, 2021-2027 (USD Million)

9.1. North America

9.1.1. US
9.1.2. Canada

9.2. Europe

9.2.1. Germany
9.2.2. UK
9.2.3. France
9.2.4. Italy
9.2.5. Spain
9.2.6. Rest of Europe

9.3. Asia-Pacific

9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. Rest of Asia-Pacific

9.4. Rest of the World

9.4.1. Latin America
9.4.2. Middle East & Africa

10. Competitive Landscape

10.1. Introduction
10.2. Market Share Analysis, By Key Players (2019)
10.3. Competitive Scenario

10.3.1. Product Launches
10.3.2. Partnerships, Collaborations and Agreements
10.3.3. Acquisitions
10.3.4. Expansions
10.3.5. Other Developments

11. Company Profiles

11.1. AgriLife
11.2. Agrinos
11.3. Aumgene Biosciences
11.4. Biomax Naturals
11.5. Chr. Hansen Holding A/S
11.6. Criyagen
11.7. IPL Biologicals Limited
11.8. Jaipur Bio Fertilizers
11.9. Kan Biosys
11.10. Kiwa Bio-Tech
11.11. Lallemand Inc.
11.12. LKB BioFertilizer
11.13. Manidharma Biotech Pvt Ltd
11.14. Mapleton Agri Biotech Pty Ltd
11.15. Novozymes A/S
11.16. Nutramax Laboratories Inc.
11.17. Rizobacter Argentina S.A.
11.18. Seipasa
11.19. Symborg
11.20. T. Stanes & Company Limited
11.21. UPL Limited
11.22. Valagro
11.23. Valent BioSciences
11.24. Varsha Bioscience and Technology India Pvt Ltd.
11.25. Vegalab SA

12. Appendix

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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