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Market Research Report

Global Biofertilizer Industry Analysis By Bio-fertilizer Type, By Crop Type, By Application And, By Geography With COVID-19 Impact | Market Outlook 2017-2030

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Biofertilizer Industry Market Overview

Agriculture has a significant place in all developed and developing nations where agrochemicals are mainly used to increase the production and to fulfill global needs. Adoption of liquid bio-fertilizers over conventional bio-fertilizers is gaining immense popularity in agriculture industry owing to its longer life span of 12-24 months. Liquid bio-fertilizers have better performance on soil and seeds which increases their efficiency due to negligible contamination. Moreover, adverse affects of chemical fertilizers are increasing the inclination towards the adoption of bio-fertilizers. Rising awareness regarding the importance of soil health maintenance and sustainable environmental development are contributing in gaining momentum for bio-fertilizers market across the globe.

Growing demand for organic food and environmental friendly agricultural methods are propelling the demand for bio-fertilizers in developed and developing economies. Smaller manufacturers of bio-fertilizers in emerging economies are majorly focusing to export bio-fertilizers to international market. For instance, India based biotechnology company Ajay Bio-Tech Ltd. is expanding its business in western markets along with the Asia-Pacific region. Furthermore, Government is also taking initiatives to provide trainings to farmers and creating awareness about the benefits of biofertilizers. Ban on the use of harmful fertilizers and pesticides by Food & Security agencies of government is likely to exhibit huge demand for organic fruits and vegetables. This promotional act by government is expected to have positive impact on the growth of bio-fertilizers market in the near future.

Biofertilizers Industry Market Segmentation

Global Biofertilizer Industry is categorized on the following basis:

Based on Biofertilizer Type

  • Nitrogen- Fixing Bio-fertilizers
  • Potash-Mobilizing Bio-fertilizers
  • Phosphate-Solubilizing Bio-fertilizers
  • Plant Growth Promoting Bio-fertilizers

Based on Crop Type

  • Fruits and Vegetables
  • Cereals and Grains
  • Oilseeds and Pulses
  • Other Crops ( Cash Crops, Fiber Crops, Forage Crops)

Based on Application

  • Soil Treatment
  • Seed Treatment

Based on Geography

  • North America (U.S. & Canada) {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  •  Latin America (Brazil, Mexico & Rest of Latin America) {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Size (USD Billion), Growth Analysis (%) and Adoption (%)}
  •  Rest of World {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}

Market Share by Biofertilizer Industry Type & Geography

Nitrogen fixing bio-fertilizers is the dominating segment of bio-fertilizer market. Nitrogen fixing bio-fertilizer market valued USD 0.39 billion in 2015. Anti-fungal property of phosphate-solubilizing bio-fertilizer helps in increasing the consumption of cereals, pulses & oilseeds. Phosphate-solubilizing bio-fertilizer is estimated to witness healthy growth over the forecast period.

Asia-Pacific region is the largest consumer of bio-fertilizers and holds more than 32% revenue share of global biofertilizer industry. Indian government invested USD 500 million for the establishment of bio-fertilizer plant to produce water soluble or liquid bio-fertilizers. Emerging economies such as China and India are mainly contributing in the growth of bio-fertilizer market in the region.

Europe biofertilizer industry is projected to implementation of common agricultural policies by European government through which farmers are paid subsidies for improving agricultural production. In 2014, to ensure fair standard of living for people who are dependent on agriculture, European Agricultural Fund for Rural Development (EAFRD) provided fund of USD 118 billion for 7 years plan.

Trends, Drivers & Challenges to Market Growth

Increasing health concerns mainly in developing countries is shifting people’s interest towards consumption of organic foods. High cost of chemical fertilizers and rising awareness about vulnerability of chemical fertilizers are primary factor to accelerate bio-fertilizers market in developing nations. Bio-fertilizers have strong resistance against crop diseases which is the major factor for driving market demand.

Lack of awareness and availability of bio-fertilizers amongst farmers are restraining the market growth in countries such as India, Myanmar and Nigeria. Negligible results of bio-fertilizers for standing crops are the major factor obstructing the adoption rate of bio-fertilizers by farmers. Changing cropping pattern of farmers, soil characteristics and unstable temperature negatively affects the efficiency of bio-fertilizers. Also, bio-fertilizers have less span of life cycle limited to 3-6 months restraining the use of bio-fertilizers.

COVID-19 impact on "Global Biofertilizer Market"

The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Biofertilizer Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out. 

Covered in This Biofertilizer Industry Report 

Key Market Players

  • Gujarat State Fertilizers & Chemicals Ltd.
  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis
  • National Fertilizers Ltd.
  • Novozymes
  • Lallemand Inc.
  • Madras Fertilizers Limited (India)
  • Camson Bio Technologies Private Limited
  • Nachurs Alpine Solutions
  • International Panaacea Limited
  • Krishak Bharti Co-operative Ltd (KRIBHCO)
  • Rizobacter Argentina S.A.
  • International Panaacea Limited
  • EuroChem Agro GmbH
  • Bio Power Lanka
  • Ajay Bio-Tech (India) Ltd
  • Agri Life
  • Antibiotice S.A.
  • Biomax

Market Synopsis

Market Segmentation

The Global Bio-Fertilizer Market is segmented as follows:

  • By Bio-Fertilizer Type (Market Size, Demand Analysis and Growth Analysis)
  • By Crop Type (Market Size, Demand Analysis and Growth Analysis)
  • By Application (Market Size, Demand Analysis and Growth Analysis)

By Regions

  • North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
  • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
  • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
  • Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
  • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
  • Rest of World  {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments

Key Market Players

  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks

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Global Biofertilizer Industry Analysis By Bio-fertilizer Type, By Crop Type, By Application And, By Geography With COVID-19 Impact | Market Outlook 2017-2030

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