736 , Shakti Khund III , New Delhi
+1778-732-2565

Global Biofertilizers Market By Type (Nitrogen Fixing, Phosphate Solubilizing & Mobilizing, Others), By Application (Soil Treatment, Seed Treatment, Others), By Form, By Crop Type, By Region, Forecast & Opportunities to 2026

The global biofertilizers market accounted for a value of USD 1.8 billion in 2019. and is projected to register growth at a CAGR of 9.5% during forecast period.

COVID-19 has impacted the biofertilizers market but the impact is not significant. The manufacturing plants are operating and there is no significant impact on supply chain of biofertilizers. Many manufacturing are operating across the world and the service providers are providing biofertilizers products. All these manufacturing units and service providers ensure maximum safety and sanitation during COVID-19.

Definition:

Biofertilizers is a substance which consists of living micro-organisms. The biofertilizers are applied to plant surfaces or interior of the plant or soil. It is useful for promoting growth by increasing the supply of primary nutrients to the hot plant.

Market Dynamics (Drivers/Opportunities):

The awareness about food safety is increasing among consumers around the world. The concern regarding increasing residue level in food and environmental issues are also increasing throughout the world. People are demanding chemical free food products. This drives growth in biofertilizers market during forecast period.

The people are becoming more conscious about their health and they prefer organic food products due to outbreak of corona virus. People are demanding more biological inputs such as biofertilizers. This has increased retail market for organic products in various countries such as China, Germany, US and Switzerland. This drives growth in biofertilizers market during forecast period.

The African and Asia-Pacific is considered as largest consumers for fertilizers. These regions are shifting from consuming fertilizers to biofertilizers for producing chemical free products. The large population in the Asia-Pacific region is demanding chemical free and organic products. The chemical fertilizers have harmful effects on soil and leads to contamination of soil. Biofertilizers have less effects on environment and government also supports biofertilizers. This drives growth in biofertilizers market during forecast period.

Market Insights, by Form

On the basis of form, the biofertilizers market is segmented into liquid and carrier based biofertilizers. The liquid biofertiliers segment is estimated to hold highest market share during forecast period. The shelf life of liquid biofertilizers is higher and they have life expectancy of 2 to 3 years. Liquid biofertilizers are more convenient and they have high tolerance for adverse conditions. They have easy quality control protocols which make liquid biofertilizers highly preferred and drive growth in biofertilizers during forecast period.

Market Insights, by Type

On the basis of type, the biofertilizers market is segmented into nitrogen-fixing biofertilizers, phosphate solubilizing & mobilizing biofertilizers and potassium solubilizing & mobilizing biofertilizers. The nitrogen-fixing biofertilizers segment is estimated to hold highest growth in biofertilizers market during forecast period. Biofertilizers affect crops directly so application of nitrogen fixing biofertilizers improves microorganisms which are beneficial for soil. They improve root growth and germination by secreting plant hormones. It is also used for non-leguminous and leguminous crops. This drives growth in nitrogen fixing biofertilizers market during forecast period.

Market Insights, by Application

On the basis of type, the biofertilizers market is segmented into soil treatment, seed treatment and others. The soil treatment segment is estimated to register higher growth during forecast period. Soil treatment methods help in increasing crop yield and it increases availability of nutrients in the soil. It helps in getting better outcomes and it improves yield without affecting the soil adversely. Soil treatment mode of application does not affect environment. This drives growth in soil treatment segment during forecast period.

Regional Insights

North America region is estimated to register highest growth during forecast period. This region has ban use of harmful fertilizers and chemicals in agriculture sector. The use of chemical and fertilizers affect ecology adversely. This has increased demand and adoption of biofertilizers in this region. People are shifting towards organic food as they are adopting healthy lifestyle. The organic agriculture is also increasing in this region to fulfill the demand for organic food which increases market for biofertilizers. This drives growth in biofertilizers market during forecast period.

Key Companies & Market Share Insights

The key market players in biofertilizers market are Novozymes A/S, National Fertilizers Ltd., Madras Fertilizers Ltd., Gujrat State Fertilizers & Chemicals Ltd., Rashtriya Chemicals & Fertilizers Ltd., Vegalab S.A., CHR. Hansen Holding A/S, Kiwa Bio-Tech, Rhizobacter Argentin S.A., Stanes & Company Ltd., International Panaacea Ltd., Lallemand Inc., Nutramax Laboratories Inc., Kan Biosys, Symborg, Mapleton Agri Biotech PT Ltd., Somphytopharma India Ltd., Biomax Naturals, Manidharma Biotech Pvt. Ltd. and Seipasa.

Segments Covered in the Report

This report forecasts The Global Biofertilizers Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global biofertilizers market report on the basis of type, form, crop type and application.

Biofertilizers Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Biofertilizers Market, By Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Nitrogen-Fixing Biofertilizers
  • Phosphate Solubilizing & Mobilizing Biofertilizers
  • Potassium Solubilizing & Mobilizing Biofertilizers
  1. Biofertilizers Market, By Form, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Liquid
  • Carrier-Based Biofertilizers
  1. Biofertilizers Market, By Crop Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Fruits & Vegetables
  • Cereals & Grains
  • Pulses & Oilseeds
  • Others
  1. Biofertilizers Market, By Application, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Soil Treatment
  • Seed Treatment
  • Others
  1. Biofertilizers Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Type
    • By Form
    • By Crop Type
    • By Application
    • By Country
      • USA
        • By Application
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Type
      • By Form
      • By Crop Type
      • By Application
      • By Country
        • Brazil
          • By Application
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Type
        • By Form
        • By Crop Type
        • By Application
        • By Country
          • UK
            • By Application
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Type
          • By Form
          • By Crop Type
          • By Application
          • By Country
            • China
              • By Application
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Type
            • By Form
            • By Crop Type
            • By Application
            • By Country
              • Saudi Arabia
                • By Application
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • Manidharma Biotech Pvt. Ltd.
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • Novozymes A/S
    • National Fertilizers Ltd.
    • Madras Fertilizers Ltd.
    • Gujrat State Fertilizers & Chemicals Ltd.
    • Rashtriya Chemicals & Fertilizers Ltd.
    • Vegalab S.A.
    • Hansen Holding A/S
    • Kiwa Bio-Tech
    • Rhizobacter Argentin S.A.
    • Stanes & Company Ltd.
    • International Panaacea Ltd.
    • Lallemand Inc.
    • Nutramax Laboratories Inc.
    • Kan Biosys
    • Symborg
    • Mapleton Agri Biotech PT Ltd.
    • Somphytopharma India Ltd.
    • Biomax Naturals
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

Please share your details to receive a sample copy of the report

Single User : $3750
Multi User : $6100
Buy Now

 

Why Choose Us

  • 24*7 Post Sales Support
  • Speak to Analyst for Presentations
  • 15% Free Customization
  • Global, Regional & Country level reports
  • Special Discounts for Startups & Educational Institutions

Questions ?

  • What is 15% Free Customization?
  • What is Report Subscription?
  • What is the Delivery Time of the Report?

What You Get

Data Excel Sheets

Report in PDF

Report Subscription

Analyst Support

What's Included

Market Intelligence

Competitive Intelligence

Opportunities and Challenges

Strategic Recommendations