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Biofertilizers Market Size, Share Global Analysis Report, 2020–2026

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Biofertilizers Market By Type (Phosphate Solubilizing & Mobilizing Biofertilizers, Nitrogen-Fixing Biofertilizers, Potassium Solubilizing & Mobilizing Biofertilizers, and Others), By Form (Carrier-Based and Liquid), By Crop Type (Fruits & Vegetables, Pulses & Oilseeds, Cereals & Grains, and Others), By Mode of Application (Seed Treatment, Soil Treatment, Foliar Treatment, Root Dipping, and Seedling Root Treatment), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global biofertilizers industry. The report analyzes and declares the historical and current trends analysis of the global biofertilizers industry and subsequently recommends the projected trends anticipated to be observed in the global biofertilizers market during the upcoming years.

Global Biofertilizers Market Size

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The global biofertilizers market report analyzes and notifies the industry statistics at the global as well as regional and country levels to acquire a thorough perspective of the entire global biofertilizers market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global biofertilizers industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global biofertilizers industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global biofertilizers market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global biofertilizers industry. The global biofertilizers market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global biofertilizers sector. Key strategic developments in the global biofertilizers market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global biofertilizers market are appropriately highlighted in the report.

Biofertilizers are solid or liquid preparations comprising particular strains of microorganisms in the dormant or live form that eventually help crop plants to absorb nutritional components from the soil. Moreover, the microorganisms break down the complex non-absorbable components into a form that plants can easily assimilate.

Owing to the excessive utilization of chemical fertilizers, the soil microflora has been degrading at a gradual rate that will end up with the non-fertile land. The chemical powders & sprays are not only degrading the soil fertility but also polluting the water bodies through the irrigation water. Therefore, the farmers and several core agricultural industries have been slowly shifting farming practices to organic.

The global biofertilizers market research report delivers an acute valuation and taxonomy of the global biofertilizers industry by practically splitting the market on the basis of different types, forms, crop types, modes of application, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the global biofertilizers industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global biofertilizers industry is provided for the leading economies of the world.

The global biofertilizers market is segmented based on the type, form, crop type, mode of application, and region. On the basis of type, the global biofertilizers market is categorized into phosphate solubilizing & mobilizing biofertilizers, nitrogen-fixing biofertilizers, potassium solubilizing & mobilizing biofertilizers, and others. By form, the global industry is bifurcated into carrier-based and liquid. The crop type segments the global market into fruits & vegetables, pulses & oilseeds, cereals & grains, and others. The sector is fragmented into seed treatment, soil treatment, foliar treatment, root dipping, and seedling root treatment, on the basis of mode of application.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 1.8 Billion

Projected Market Size in 2026

USD 4.3 Billion

Growth Rate

CAGR 12%

Base Year

2019

Forecast Years

2020–2026

Key Market Players

Rizobacter Argentina S.A, Kiwa-Biotech, International Panaacea Limited, Novozymes A/S, and Symborg, among others..

Key Segment

By Type, By Form, By Crop, By Mode of Application, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoSome of the essential players operating in the global biofertilizers market, but not restricted to include

  • Rizobacter Argentina S.A
  • Kiwa-Biotech
  • International Panaacea Limited
  • Novozymes A/S
  • Symborg
  • among others.

The taxonomy of the global biofertilizers market by its scope and segmentation is as follows:

logoType Segmentation Analysis

  • Phosphate solubilizing & mobilizing biofertilizers
  • Nitrogen-fixing biofertilizers
  • Potassium solubilizing & mobilizing biofertilizers
  • Others

logo Form Segmentation Analysis

  • Carrier-based
  • Liquid

logo Crop Type Segmentation Analysis

  • Fruits & vegetables
  • Pulses & Oilseeds
  • Cereals & grains
  • Others

logo Mode Of Application Segmentation Analysis

  • Seed Treatment
  • Soil Treatment
  • Foliar treatment
  • Root dipping
  • Seedling root treatment

logoGlobal Biofertilizers Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Industry Major Market Players

  •  Rizobacter Argentina S.A
  •  Kiwa-Biotech
  •  International Panaacea Limited
  •  Novozymes A/S
  •  Symborg

Frequently Asked Questions

Biofertilizers are solid or liquid preparations comprising particular strains of microorganisms in the dormant or live form that eventually help crop plants to absorb nutritional components from the soil. Moreover, the microorganisms break down the complex non-absorbable components into a form that plants can easily assimilate.
Ans: One of the major causes for the growth of the global biofertilizers market is "Nitrogen plays a crucial role in seed germination and plant growth. The nitrogen-fixing bacteria present in biofertilizers not only accumulate and convert nitrogen into absorbable form for plants but also secrete secondary metabolites that promote root growth. These nitrogen-fixing biofertilizers enhance the yield of both leguminous and non-leguminous crops".
According to a study, the global biofertilizers market size was worth around USD 1.8 billion in 2019 and is predicted to grow to around USD 4.3 billion by 2026.
Ans: The CAGR value of the biofertilizers market is expected to be around 12% during 2020-2026
Ans: The global biofertilizers market is expected to witness the highest growth in the "North America Region"
Ans: The global biofertilizers market is led by players like Rizobacter Argentina S.A, Kiwa-Biotech, International Panaacea Limited, Novozymes A/S, Symborg, and others.