Global Biofertilizers Market Analysis, Trends, and Forecasts 2020-2025 - ResearchAndMarkets.com

The “Biofertilizers - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

The global market for Biofertilizers is projected to reach US$3.3 billion by 2025, driven by the growing focus of governments worldwide to reduce agriculture’s growing carbon footprint and make it more sustainable.

This goal comes against the backdrop of the challenges involved in feeding a growing global population in the midst of progressively worsening climate change conditions. As pressure on food production and crop yields increase, there is an even greater need to make agriculture more resilient and efficient in an eco-friendly manner. Up until now, the quest for increasing crop yields has led to indiscriminate use of chemical fertilizers. Overuse of fertilizers in modern agriculture has significantly impacted the environment causing soil runoff and erosion, contamination of water bodies, cultural eutrophication resulting from overabundance of nutrients in water negatively impacting aquatic life, development of abnormal algal blooms creating create ‘dead zones’ on water, root burn of crops resulting from overuse, diminished plant health, and abnormal growth of insect populations like aphids which feed on lush leaves. Overuse of chemical fertilizers like urea tends to kill off essential soil bacteria and fungi that create organic nutrients essential for plants.

In short, the lopsided focus on maximizing crop yield has finally taken its toll turning the world’s richest soils into infertile soils. The scenario is creating strong opportunities for biofertilizers, which are defined as the use of bacteria, fungus and algae as chief components. Bacteria, fungus and algae are chief components of biofertilizers. Azotobacter, Azospirillum, Phosphobacter and Rhizobacter are valuable in nitrogen cycling. They reduce dependence on inorganic chemical-based fertilizers, provide better eco-friendly soil management alternatives, enhance soil fertility, plant tolerance and crop productivity while ensuring safety and are effective even in semi-arid conditions.

The field of microbiome research is gaining new significance with stringent environmental regulations now driving clear research priorities aimed at harnessing plant microbiomes. New research studies are unravelling diverse microbiome ecosystems that can be leveraged to reduce the environmental impacts of food production. In addition, there is progressively greater understanding of plant interactions with microbes in agricultural environments. Several studies are underway to characterize various plant and microbiome genotypes for effective agricultural microbiome manipulations and management. Genomic surveys of plants have the potential to unravel information about fungal and eukaryotic microbes that have beneficial impact on plants.

All of these efforts will help bridge the knowledge gap in current understanding of the functional roles of microbiomes, and will also pave the way for standardization of data collection, processing and analysis. The market for Biofertilizers will therefore benefit from the development of new microbiome systems for crop plants. Commercialization of crop probiotics will bring in massive opportunities for robust growth in the coming years. It is exciting times ahead for the global biofertilizers market, as scientists’ inch closer towards leverage microbiota in ways that can revolutionize agriculture. The United States and Europe represent large markets worldwide with a combined share of 55.7% of the market. The U.S also ranks as the fastest growing market with a CAGR of 12.1% over the analysis period supported by the country’s massive investment commitments towards encouraging agricultural innovation, sustainability and digital transformation.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Biofertilizers: A Prelude
  • Product Types of Biofertilizers
  • Nitrogen Fixing Biofertilizer
  • Phosphate Solubilizers
  • Other Product Types
  • Biofertilizers by Crop Type
  • Cereals & Grains
  • Pulses & Oilseeds
  • Fruits & Vegetables
  • Other Crop Types
  • Key Applications of Biofertilizers
  • Seed Treatment
  • Soil Treatment
  • Other Applications
  • An Overview of the Global Biofertilizers Market
  • Growth Drivers
  • Regional Market Analysis
  • Developed Regions Remain Primary Revenue Contributors and Hot Spots for Future Growth
  • World Biofertilizers Market: Percentage Breakdown of Sales for Developed and Developing Regions for the Years 2019 & 2025
  • World Biofertilizers Market: Geographic Regions Ranked by CAGR (Sales) for 2018-2025
  • Rice Farmers in China Embrace Biofertilizers to Improve Crop Quality and Yield: A Case in Point
  • Nitrogen Fixing Biofertilizers: Rising Demand for Improving Soil Fertility to Propel Growth
  • Biofertilizers Facilitating High Yield Production of Cereal and Grain Crops
  • Seed Treatment Constitutes the Largest Application Market
  • Competitive Landscape
  • Crop Protection Industry Competitor Market Share Scenario Worldwide (in %): 2018

2. FOCUS ON SELECT PLAYERS

  • Agri Life (India)
  • Agrinos AS (Norway)
  • Ajay Bio-Tech (India) Ltd. (India)
  • China Bio-Fertilizer Group (Germany)
  • EuroChem Agro GmbH (Germany)
  • Gujarat State Fertilizers & Chemicals Limited (India)
  • Kan Biosys Pvt. Ltd. (India)
  • Kiwa Bio-Tech Products Group Corporation (USA)
  • Lallemand Inc. (Canada)
  • Madras Fertilizers Limited (India)
  • Mapleton Agri Biotec Pty Ltd. (Australia)
  • National Fertilizer Ltd. (India)
  • Rizobacter Argentina S.A. (Argentina)
  • Symborg (Spain)
  • Syngenta AG (Switzerland)

3. MARKET TRENDS & DRIVERS

  • Pressing Need to Improve Sustainability Quotient of Agriculture Fuels Biofertilizer Demand
  • Harmful Impacts of Using Chemical Fertilizers Propels Growth
  • Rising Focus on Sustainable Agriculture Drives Demand for Biofertilizers
  • Shrinking Arable Land Drives Demand for Biofertilizers
  • Loss of Arable Land Exerts Immense Pressure on Yields Per Acre: Global Availability of Arable Land in Hectares Per Person for the Years 1990, 2000, 2018 and 2020
  • Arable Land Worldwide as a % of Total Land Area for the Years 1990, 2000, 2018 and 2020
  • Emergence of Mega Farms Augments Importance of Biofertilizers
  • Farm Size Distribution Worldwide: Percentage Breakdown of Farm Land by Size and Region
  • Balooning Global Population Drives Need for Food Security Leading to Growing Consumption of Biofertilizers
  • World Population by Geographic Region (2018-2050) (in Thousands)
  • Food Demand Worldwide: Demand Growth in Million Tonnes by Food Type for the Period 2008-2017 and 2018-2027
  • Global Crop Production by Crop Type (in Million Metric Tons): 2017-2020
  • Expanding Urban Population
  • World Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050
  • Biofertilizers Allow Agriculture Industry to Gear Up and Deal with Future Challenges
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Increasing Organic Farming: A Major Growth Promoting Factor for Biofertilizers
  • Global Organic Agricultural Land in Million Hectares for the Years 2010, 2012, 2014, 2016 and 2018
  • Demand for Biofertilizers for Organic Farming on the Rise in North America and Europe
  • Emerging Opportunities in Organic Farming in Asia-Pacific
  • Biofertlizers Complement Organic Fertilizers in Organic Farming Methods
  • Global Organic Fertilizers Market Revenues in US$ Billion for the Years 2019 and 2025
  • Unprecedented Demand for Organic Food Augments Growth of Biofertilizer Market
  • Global Food & Beverages Market in US$ Trillion for the Years 2018, 2020 & 2022
  • Global Demand for Organic Food Products (in US$ Billion): 2015-2025
  • Abundant Opportunities in Growing Organic Food Market
  • Global Agricultural Land Under Organic Farming (in Hectares and % Share): 2000-2017
  • Global Percentage Distribution of Organic Farmland by Region: 2017
  • Increasing Production of Horticulture Crops Offer Strong Growth Opportunities for Biofertilizers
  • Global Vegetable and Fresh Fruit Production Volume in Million Metric Tons for the Period 2010-2017
  • Global Vegetable Production Share (in %) by Top Vegetables for 2019
  • Biofertilizers Help Improve Production and Yield of Pulse Crops
  • Global Pulses Production Volume in Million Metric Tons for the Period 2010-2017
  • Increasing Use of Soybean as Feed Drives Biofertilizer Consumption
  • Participants Make Concerted Efforts to Improve Shelf-Life of Biofertilizers
  • Potential Challenges Restricting Growth of Biofertilizers Market
  • Factors Impeding Broader Adoption of Biofertilizers

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/u0jrwm

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