Biofertilizers Market by Type (Nitrogen-fixing, Phosphate-solubilizing & Potash- mobilizing), Microorganisms (Rhizobium, Azotobacter, Azospirillum, Cyanobacteria & Phosphate-Solubilizing Bacteria), Application, Crop Type & by Region - Global Forecast to 2020
Aug 14 2015
MarketsandMarkets™ provides quantified B2B research on...
The increasing awareness regarding health and wellness, the growing organic food industry, and the significant increase in the price of chemicals have played a huge role in providing the necessary boost to the global biofertilizers industry. Global Biofertilizers Market is expected to reach USD 1.88 Billion by 2020 at a CAGR of 14.0% from 2015 to 2020. The phosphate-solubilizing segment is the fastest- growing market in the biofertilizers industry across the globe.
This report provides a full analysis of key companies and competitive analysis of developments recorded in the industry during the past five years. In the report, market drivers, restraints, opportunities, and challenges have been discussed in detail. Leading players of the market such as Gujarat State Fertilizers & Chemicals Ltd. (India), Novozymes A/S (Denmark) , Rizobacter Argentina S.A. (Argentina), Camson Bio Technologies Limited (India), and Lallemand Inc. (Canada), National Fertilizers Limited (India), Madras Fertilizers Limited (India), T. Stanes & Company Limited (India), Rashtriya Chemicals & Fertilizers Ltd. (India), and Nutramax Laboratories Inc. (U.S.) have been profiled to provide an insight of the competitive scenario in the biofertilizers market.
Strategic expansions and partnerships & joint ventures have been the key strategies adopted by leading companies to bridge the existing gaps in their product offerings, end market requirements, and geographical constraints. Companies have also adopted acquisitions and investments to accommodate the fast changing technologies in the application areas and to increase their market share. These strategies have been adopted by leading companies to ensure retention of considerable market share within the biofertilizers market.
Scope of the report
This research categorizes the global biofertilizers market based on type, crop type, microorganisms, application, and region.
On the basis of type, the biofertilizers market has been segmented as follows:
- Others (zinc, boron, and sulfur-solubilizing biofertilizers)
On the basis of crop type, the biofertilizers market has been segmented as follows:
- Cereals & grains
- Pulses & oilseeds
- Fruits & vegetables
- Others (turf & ornamentals, plantation crops, fiber crops, spices, and silage & forage crops)
On the basis of microorganisms, the biofertilizers market has been segmented as follows:
- Phosphate solubilizing bacteria
- Others (potash-mobilizing, zinc biofertilizers, sulfur-solubilizing biofertilizers, and manganese solubilizer)
On the basis of application, the biofertilizers market has been segmented as follows:
- Others (set treatment, foliar treatment, root dipping, and seedling root treatment)
On the basis of region, the biofertilizers market has been segmented as follows:
- North America
- Latin America
- Rest of the World (RoW)
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