Biofertilizers Market Analysis By Product (Nitrogen Fixing, Phosphate Solubilizing), By Application (Seed Treatment, Soil Treatment) And Segment Forecasts To 2022

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    • Summary
    • Table of contents
      Product Insights

      Nitrogen fixing was the largest product segment, accounting for over 75.0% of global revenue share in 2014. Nitrogen fixing biofertilizers comprise mixed strains of various nitrogen fixing bacteria’s such as rhizobium, azospirillum, acetobacter and azotobacter that help improve nitrogen content, organic and microbial population of the soil.

      Phosphate solubilizers were the second largest product segment, accounting for 15.0% of global revenue in 2014 and are also expected to be the fastest growing at a CAGR of 13.9% from 2015 to 2022. These products contain phosphate solubilizing bacteria which hydrolyze organic and inorganic phosphate particularly from synthetic compounds.

      Predominant consumption of synthetic phosphate fertilizers in China, India and Australia in light of numerous production facilities is expected to remain a restraining factor for the industry over the next seven years.

      Application Insights

      Seed treatment was the largest application and accounted for over 65.0% of the market in 2014. Seeds treated with biofertilizers help them sustain bacteria and virus attacks and also aids in increasing the yield.

      Additionally, they help in harnessing atmospheric nitrogen and making it available to the plant. These seeds are capable of increasing phosphorous content of soil by solubilizing it and improving availability. Rising use of treated seeds among farmers is expected to fuel industry growth over the forecast period.

      Soil treatment helps in increasing the fertility of the soil and improves the yields of the planted crop. Rising fertile land requirement for agricultural practices in various countries including China, India, Brazil, Italy and the U.S. is expected to have a positive impact on the market over the next seven years.

      Regional Insights

      Asia Pacific accounted for over 15.0% of global revenue share in 2014. China being the world’s largest agricultural market has been promoting usage by providing organic product manufacturers with exemption of VAT, excise and agricultural tax. This is expected to fuel demand over the forecast period.

      North America biofertilizers market was the largest regional industry in 2014 followed by Europe and together accounted for over 54% of the global revenue. Growing preference towards organic food coupled with rising awareness regarding hazards associated with chemical fertilizers and atmospheric pollution has resulted in high consumption in these regions.

      Competitive Insights

      Global biofertilizers market share is fragmented with large number of domestic companies focusing on regional markets. CBF China Biofertilizers AG and Novozymes A/S were the largest players supplying products majorly to North America and Europe.

      Majority of these companies have established exclusive agreements with distributors to cater to end-users. Some companies have their own distribution networks, thus increasing their revenues by distributing products of independent manufacturers.

      Companies such as Novozymes, Lallemand, AgriLife, and National Fertilizers have established their own retail & distribution outlets in order to cut-down on distribution costs, thus enabling them to sell products at competitive and even lower prices.

      Market Segmentation

      • Global Biofertilizers Product Outlook (Revenue, USD Million, 2012 - 2022)

        • Nitrogen fixing
        • Phosphate solubilizing
        • Others
      • Global Biofertilizers Application Outlook (Revenue, USD Million, 2012 - 2022)

        • Seed Treatment
        • Soil Treatment
      • Global Biofertilizers Regional Outlook (Revenue, USD Million, 2012 - 2022)

        • North America
          • North America BiofertilizersMarket by Product
            • Nitrogen fixing
            • Phosphate solubilizing
            • Others
          • North America BiofertilizersMarket by Application
            • Seed Treatment
            • Soil Treatment
          • U.S.
            • U.S. BiofertilizersMarket by Product
              • Nitrogen fixing
              • Phosphate solubilizing
              • Others
            • U.S. BiofertilizersMarket by Application
              • Seed Treatment
              • Soil Treatment
          • Canada
            • Canada BiofertilizersMarket by Product
              • Nitrogen fixing
              • Phosphate solubilizing
              • Others
            • Canada BiofertilizersMarket by Application
              • Seed Treatment
              • Soil Treatment
        • Europe
          • Europe BiofertilizersMarket by Product
            • Nitrogen fixing
            • Phosphate solubilizing
            • Others
          • Europe BiofertilizersMarket by Application
            • Seed Treatment
            • Soil Treatment
          • France
            • France BiofertilizersMarket by Product
              • Nitrogen fixing
              • Phosphate solubilizing
              • Others
            • France BiofertilizersMarket by Application
              • Seed Treatment
              • Soil Treatment
          • Spain
            • Spain BiofertilizersMarket by Product
              • Nitrogen fixing
              • Phosphate solubilizing
              • Others
            • Spain BiofertilizersMarket by Application
              • Seed Treatment
              • Soil Treatment
        • Asia Pacific
          • Asia Pacific BiofertilizersMarket by Product
            • Nitrogen fixing
            • Phosphate solubilizing
            • Others
          • Asia Pacific BiofertilizersMarket by Application
            • Seed Treatment
            • Soil Treatment
          • China
            • China BiofertilizersMarket by Product
              • Nitrogen fixing
              • Phosphate solubilizing
              • Others
            • China BiofertilizersMarket by Application
              • Seed Treatment
              • Soil Treatment
          • India
            • India BiofertilizersMarket by Product
              • Nitrogen fixing
              • Phosphate solubilizing
              • Others
            • India BiofertilizersMarket by Application
              • Seed Treatment
              • Soil Treatment
        • Latin America
          • Latin America BiofertilizersMarket by Product
            • Nitrogen fixing
            • Phosphate solubilizing
            • Others
          • Latin America BiofertilizersMarket by Application
            • Seed Treatment
            • Soil Treatment
          • Brazil
            • Brazil BiofertilizersMarket by Product
              • Nitrogen fixing
              • Phosphate solubilizing
              • Others
            • Brazil BiofertilizersMarket by Application
              • Seed Treatment
              • Soil Treatment
        • MEA
          • MEA BiofertilizersMarket by Product
            • Nitrogen fixing
            • Phosphate solubilizing
            • Others
          • MEA BiofertilizersMarket by Application
            • Seed Treatment
            • Soil Treatment
          • Egypt
            • Egypt BiofertilizersMarket by Product
              • Nitrogen fixing
              • Phosphate solubilizing
              • Others
            • Egypt BiofertilizersMarket by Application
              • Seed Treatment
              • Soil Treatment

      Report content

      Qualitative Analysis

      • Industry overview
      • Industry trends
      • Market drivers and restraints
      • Market size
      • Growth prospects
      • Porter’s analysis
      • PESTEL analysis
      • Key market opportunities prioritized
      • Competitive landscape
        • Company overview
        • Financial performance
        • Product benchmarking
        • Latest strategic developments

      Quantitative Analysis

      • Market size, estimates, and forecast from 2012 to 2022
      • Market estimates and forecast for product segments up to 2022
      • Market estimates and forecast for application segments up to 2022
      • Regional market size and forecast for product segments up to 2022
      • Regional market size and forecast for application segments up to 2022

       

      Company financial performance


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