Biofertilizers Global Industry Analysis and Forecast (2023 -2029)

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The Global Biofertilizers market was estimated at USD 2.18 billion in 2021, and is anticipated to reach USD 4.23 billion by 2028, growing at a CAGR of 9.9% over the analysis period.


Biofertilizers can be defined as biological products containing living microorganisms that, when applied to seed, plant surfaces, or soil, help in promoting growth. It promotes development of plants by increasing the uptake of nutrients, root biomass or root area. Biofertilizers are also crucial in mitigating the hazards that are arising from the increasing demand of the global population for food and also from the widely spread chemicalization in agroecosystems. The application of biofertilizers in amplifying productivity and quality of agricultural products has already been proven as a key factor that induces growth of the Biofertilizer market. The rise in usage of microbes in biofertilizers for sustainable farming methods and food safety is another major factor that is estimated to boost the global biofertilizer market growth.

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Key Prominent Players In The Biofertilizers Market:

Novozymes A/S (Denmark), Bayers(Germany), UPL Limited (India), Gujarat State Fertilizers Chemicals Ltd (India), Rizobacter Argentina S.A. (Argentina), Rashtriya Chemicals Fertilizers Limited (India), T. Stanes Company Limited India, National Fertilizers Limited (India), Madras Fertilizers Limited (India), Alltech Inc (Kentucky), Blacksmith BioScience (US), EnviroKure Liquid Organic Fertilizer (Philadelphia) and other major players.

Market segmentation

The Biofertilizers market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

Biofertilizers Market Segment by Types, Estimates, and Forecast by 2028

Phosphate solubilizing, Nitrogen fixation

Biofertilizers Market Segment by Applications, Estimates, and Forecast by 2028

Seed treatment, Soil treatment

Regional Analysis for COVID-19 Outbreak-Global Biofertilizers Market:

  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
  • North America (U.S., Canada, and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Saudi Arabia, UAE, South Africa)

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The report answers such questions as:

  1. What is the market size for Biofertilizers and its forecast?
  2. What are the limiting factors and the impact of COVID-19 in shaping the Global Biofertilizers Market?
  3. Which products/segments/applications/areas to invest in over the Global Biofertilizers Market forecast period?
  4. What is the Global Biofertilizers Market’s strategic competitive window for new opportunities?
  5. What technology trends are there in the Global Biofertilizers Market?
  6. What is the market size of the most prominent vendors in the Global Biofertilizers Marketplace?
  7. What strategic moves and methods are appropriate for entry into the Global Biofertilizers Market?


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