Global Biofertilisers Market to be Driven by the Rising Environmental and Health Consciousness in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Biofertilisers Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global biofertilisers market, assessing the market based on its segments like type, crop, microorganisms, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report [email protected]  https://www.expertmarketresearch.com/reports/biofertilizer-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 2.37 Billion   
  • Forecast CAGR (2021-2026): 12.8%
  • Forecast Market Size (2026): USD 4.33 Billion

Asia Pacific is the front runner in biofertilisers market with an increasing share in the global market. Owing to the large population and agriculture activities and with the rise in popularity of organic farming, the Asia Pacific region comes out to be a key driver for the demand of biofertilisers. It helps in enriching the soil with essential nutrients which promote healthy plant growth. Additionally, governments in different countries are promoting use of sustainable farming practices through their policies. For instance, the government of India is encouraging use of biofertilisers in agriculture vis their National Sustainable Development Mission (NMSA) and other rural agricultural programs by providing all forms of support to farmers and increasing awareness about the advantages of using biopesticides among farmers.

Industry Definition and Major Segments

Biofertilizers are the substance that contains microbes, which helps in promoting the growth of plants and trees by increasing the supply of essential nutrients to the plants and improve the overall soil fertility. It comprises of micro living organisms which decompose organic matter and break complex minerals for fast plant absorption.

Explore the full report with the table of [email protected] https://www.expertmarketresearch.com/reports/biofertilizer-market

Biofertilisers based on type include:

  • Nitrogen-Fixing Biofertilisers
  • Phosphate-Fixing Biofertilisers
  • Others

Based on crop, the market is segmented into:

Different microorganasims in the market are:

The market is divided into the following, based on application:

  • Seed Treatment
  • Soil Treatment
  • Others

Latest News on Global Biofertilisers [email protected] https://www.expertmarketresearch.com/pressrelease/global-biofertilizer-market

On the basis of regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

Safeguarding environment and commitment towards sustainable future is driving the market for biofertilizers. Adverse environmental concerns like soil degradation and emissions due to chemical fertilizers is pushing the switch towards biofertilisers. Seed treatment is the leading application segment as it helps to protect seeds from pathogens and insects and improves overall seedling establishment and early plant growth. This is more cost-effective and user-friendly against other modes. In addition to this, consumers are also changing their preferences and demanding organic fruits and vegetables. This shift owes to the rise in health consciousness among them which further is strengthening the biofertilisers market globally.

Read our blog: https://expertmarketresearch-emr.blogspot.com/2021/07/biofertilisers-market.html

Key Market Players

The major players in the market are Novozymes A/S, National Fertilizers Limited, Rizobacter Argentina S.A., Gujarat State Fertilizers & Chemicals Ltd., Lallemand Inc., Madras Fertilizers Limited, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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