The global Biofertilizers market size was valued at US$ 2464.2 million in 2023. With growing demand in downstream market, the Biofertilizers is forecast to a readjusted size of US$ 3140.9 million by 2030 with a CAGR of 3.5% during review period.
The research report highlights the growth potential of the global Biofertilizers market. Biofertilizers are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Biofertilizers. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Biofertilizers market.
Biofertilizer are the substances which make use of microorganisms to fertile the soil. These fertilizers are not harmful to crops or other plants like the chemical fertilizers. They are actually taken from the animal wastes along with the microbial mixtures. Microorganisms are used to increase the level of nutrients in the plants. They let the plants grow in a healthy environment. They are also environment friendly and do not cause the pollution of any sort. Use of biofertilizers in the soil, makes the plants healthy as well as protect them from getting any diseases.
According to the 2022 Statistical Yearbook of the United Nations Agricultural and Food Organization, there are about 866 million people work in agriculture, accounting for more than a quarter of the world's total labor force and creating $3.6 trillion in added value. According to data, North America was the region with the most fertilizer use in the world in 2021, accounting for 32.6% of the global fertilizer market size. From the perspective of demand, the proportion of micro-fertilizers used in many European countries has reached 45-60%, and the proportion of use in the United States was as high as 60-70%. According to our 鈥淎griculture Research Center鈥�, the global fertilizer consumption was nearly 200 million tons in 2022. According to the National Bureau of Statistics, the total output value of China's fertilizer manufacturing industry in 2021 was 618.572 billion yuan, with a year-on-year increase of 5.05%. Global fertilizer consumption in 2021 increased by nearly 12 million tons, which compared to 2020.
Key Features:
The report on Biofertilizers market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Biofertilizers market. It may include historical data, market segmentation by Type (e.g., Azotobacter, Azospirillium), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Biofertilizers market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Biofertilizers market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Biofertilizers industry. This include advancements in Biofertilizers technology, Biofertilizers new entrants, Biofertilizers new investment, and other innovations that are shaping the future of Biofertilizers.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Biofertilizers market. It includes factors influencing customer ' purchasing decisions, preferences for Biofertilizers product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Biofertilizers market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Biofertilizers market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Biofertilizers market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Biofertilizers industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Biofertilizers market.
Market Segmentation:
Biofertilizers market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Azotobacter
Azospirillium
Rhizobium
Phosphate-Solubilizing Bacteria
Cyanobacteria
Others
Segmentation by application
Seed Treatment
Soil Treatment
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Novozymes
National Fertilizers
Madras Fertilizers
Gujarat State Fertilizers & Chemicals
Rizobacter Argentina
T.Stanes & Company
Camson Bio Technologies
Rashtriya Chemicals & Fertilizers
Lallemand
Nutramax Laboratories
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biofertilizers market?
What factors are driving Biofertilizers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biofertilizers market opportunities vary by end market size?
How does Biofertilizers break out type, application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Biofertilizers Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Biofertilizers by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Biofertilizers by Country/Region, 2019, 2023 & 2030
2.2 Biofertilizers Segment by Type
2.2.1 Azotobacter
2.2.2 Azospirillium
2.2.3 Rhizobium
2.2.4 Phosphate-Solubilizing Bacteria
2.2.5 Cyanobacteria
2.2.6 Others
2.3 Biofertilizers Sales by Type
2.3.1 Global Biofertilizers Sales Market Share by Type (2019-2024)
2.3.2 Global Biofertilizers Revenue and Market Share by Type (2019-2024)
2.3.3 Global Biofertilizers Sale Price by Type (2019-2024)
2.4 Biofertilizers Segment by Application
2.4.1 Seed Treatment
2.4.2 Soil Treatment
2.4.3 Others
2.5 Biofertilizers Sales by Application
2.5.1 Global Biofertilizers Sale Market Share by Application (2019-2024)
2.5.2 Global Biofertilizers Revenue and Market Share by Application (2019-2024)
2.5.3 Global Biofertilizers Sale Price by Application (2019-2024)
3 Global Biofertilizers by Company
3.1 Global Biofertilizers Breakdown Data by Company
3.1.1 Global Biofertilizers Annual Sales by Company (2019-2024)
3.1.2 Global Biofertilizers Sales Market Share by Company (2019-2024)
3.2 Global Biofertilizers Annual Revenue by Company (2019-2024)
3.2.1 Global Biofertilizers Revenue by Company (2019-2024)
3.2.2 Global Biofertilizers Revenue Market Share by Company (2019-2024)
3.3 Global Biofertilizers Sale Price by Company
3.4 Key Manufacturers Biofertilizers Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Biofertilizers Product Location Distribution
3.4.2 Players Biofertilizers Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Biofertilizers by Geographic Region
4.1 World Historic Biofertilizers Market Size by Geographic Region (2019-2024)
4.1.1 Global Biofertilizers Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Biofertilizers Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Biofertilizers Market Size by Country/Region (2019-2024)
4.2.1 Global Biofertilizers Annual Sales by Country/Region (2019-2024)
4.2.2 Global Biofertilizers Annual Revenue by Country/Region (2019-2024)
4.3 Americas Biofertilizers Sales Growth
4.4 APAC Biofertilizers Sales Growth
4.5 Europe Biofertilizers Sales Growth
4.6 Middle East & Africa Biofertilizers Sales Growth
5 Americas
5.1 Americas Biofertilizers Sales by Country
5.1.1 Americas Biofertilizers Sales by Country (2019-2024)
5.1.2 Americas Biofertilizers Revenue by Country (2019-2024)
5.2 Americas Biofertilizers Sales by Type
5.3 Americas Biofertilizers Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Biofertilizers Sales by Region
6.1.1 APAC Biofertilizers Sales by Region (2019-2024)
6.1.2 APAC Biofertilizers Revenue by Region (2019-2024)
6.2 APAC Biofertilizers Sales by Type
6.3 APAC Biofertilizers Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Biofertilizers by Country
7.1.1 Europe Biofertilizers Sales by Country (2019-2024)
7.1.2 Europe Biofertilizers Revenue by Country (2019-2024)
7.2 Europe Biofertilizers Sales by Type
7.3 Europe Biofertilizers Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Biofertilizers by Country
8.1.1 Middle East & Africa Biofertilizers Sales by Country (2019-2024)
8.1.2 Middle East & Africa Biofertilizers Revenue by Country (2019-2024)
8.2 Middle East & Africa Biofertilizers Sales by Type
8.3 Middle East & Africa Biofertilizers Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Biofertilizers
10.3 Manufacturing Process Analysis of Biofertilizers
10.4 Industry Chain Structure of Biofertilizers
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Biofertilizers Distributors
11.3 Biofertilizers Customer
12 World Forecast Review for Biofertilizers by Geographic Region
12.1 Global Biofertilizers Market Size Forecast by Region
12.1.1 Global Biofertilizers Forecast by Region (2025-2030)
12.1.2 Global Biofertilizers Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Biofertilizers Forecast by Type
12.7 Global Biofertilizers Forecast by Application
13 Key Players Analysis
13.1 Novozymes
13.1.1 Novozymes Company Information
13.1.2 Novozymes Biofertilizers Product Portfolios and Specifications
13.1.3 Novozymes Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Novozymes Main Business Overview
13.1.5 Novozymes Latest Developments
13.2 National Fertilizers
13.2.1 National Fertilizers Company Information
13.2.2 National Fertilizers Biofertilizers Product Portfolios and Specifications
13.2.3 National Fertilizers Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 National Fertilizers Main Business Overview
13.2.5 National Fertilizers Latest Developments
13.3 Madras Fertilizers
13.3.1 Madras Fertilizers Company Information
13.3.2 Madras Fertilizers Biofertilizers Product Portfolios and Specifications
13.3.3 Madras Fertilizers Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Madras Fertilizers Main Business Overview
13.3.5 Madras Fertilizers Latest Developments
13.4 Gujarat State Fertilizers & Chemicals
13.4.1 Gujarat State Fertilizers & Chemicals Company Information
13.4.2 Gujarat State Fertilizers & Chemicals Biofertilizers Product Portfolios and Specifications
13.4.3 Gujarat State Fertilizers & Chemicals Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Gujarat State Fertilizers & Chemicals Main Business Overview
13.4.5 Gujarat State Fertilizers & Chemicals Latest Developments
13.5 Rizobacter Argentina
13.5.1 Rizobacter Argentina Company Information
13.5.2 Rizobacter Argentina Biofertilizers Product Portfolios and Specifications
13.5.3 Rizobacter Argentina Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Rizobacter Argentina Main Business Overview
13.5.5 Rizobacter Argentina Latest Developments
13.6 T.Stanes & Company
13.6.1 T.Stanes & Company Company Information
13.6.2 T.Stanes & Company Biofertilizers Product Portfolios and Specifications
13.6.3 T.Stanes & Company Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 T.Stanes & Company Main Business Overview
13.6.5 T.Stanes & Company Latest Developments
13.7 Camson Bio Technologies
13.7.1 Camson Bio Technologies Company Information
13.7.2 Camson Bio Technologies Biofertilizers Product Portfolios and Specifications
13.7.3 Camson Bio Technologies Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Camson Bio Technologies Main Business Overview
13.7.5 Camson Bio Technologies Latest Developments
13.8 Rashtriya Chemicals & Fertilizers
13.8.1 Rashtriya Chemicals & Fertilizers Company Information
13.8.2 Rashtriya Chemicals & Fertilizers Biofertilizers Product Portfolios and Specifications
13.8.3 Rashtriya Chemicals & Fertilizers Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Rashtriya Chemicals & Fertilizers Main Business Overview
13.8.5 Rashtriya Chemicals & Fertilizers Latest Developments
13.9 Lallemand
13.9.1 Lallemand Company Information
13.9.2 Lallemand Biofertilizers Product Portfolios and Specifications
13.9.3 Lallemand Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Lallemand Main Business Overview
13.9.5 Lallemand Latest Developments
13.10 Nutramax Laboratories
13.10.1 Nutramax Laboratories Company Information
13.10.2 Nutramax Laboratories Biofertilizers Product Portfolios and Specifications
13.10.3 Nutramax Laboratories Biofertilizers Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Nutramax Laboratories Main Business Overview
13.10.5 Nutramax Laboratories Latest Developments
14 Research Findings and Conclusion
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