Biofertilizers Market

Biofertilizers Market by Form (Liquid, Carrier-Based), Mode of Application (Soil Treatment, Seed Treatment), Crop Type, Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potash Solubilizing & Mobilizing), Region - Global Forecast to 2025

Report Code: AGI 2569 Sep, 2019, by marketsandmarkets.com

[157 Pages Report] The biofertilizers market is estimated to be valued at USD 2.0 billion in 2019 and is projected to reach USD 3.8 billion by 2025, recording a CAGR of 11.2% during the forecast period. The market is driven primarily by the increasing organic farmland as well as the rising acceptance of biofertilizers among farmers.

Biofertilizers Market

Based on form, liquid biofertilizers is estimated to account for a major value share in 2019

Of both the forms, the usage of liquid biofertilizers remains substantially high, globally. This is due to its higher shelf life as compared to carrier-based biofertilizers. Liquid biofertilizers have a life expectancy of 2 to 3 years, making it more convenient and affordable for farmers in developing countries. Moreover, liquid fertilizers have better tolerance limits for adverse conditions. The quality control protocols for liquid biofertilizers are also easy and expeditious compared to carrier-based biofertilizers. Thus, in terms of value, the liquid biofertilizers segment is estimated to dominate the global market in 2019.

Higher consumption of biofertilizers for organic fruits & vegetables contributes to the growth of the biofertilizers market in this segment

Biofertilizers have proved to be useful in numerous ways, including improving the quality, shelf-life, and yield of fruits & vegetables. The increasing trend of consumer preferences for organic fruits & vegetables due to changing lifestyle and rising per capita income is the primary factor driving market growth. A rising trend in the cultivation of organic fruits & vegetables and those under IPM practices have also created a positive impact on the growth of the biofertilizers market.

Based on the mode of application, the soil treatment segment is projected to witness higher growth in the biofertilizers market

Soil treatment methods increase the crop yield and help in fetching better results. When applied to the soil, it increases the availability of nutrients and improves the yield by 10 to 25% without adversely affecting the soil as well as the environment. Soil treatment is used mainly in the Asian region due to rampant use of traditional agriculture methods in the current farming system. Thus, the market for biofertilizers with soil treatment mode of application is estimated to propel during the forecast period.

Based on type, the nitrogen-fixing biofertilizers segment is projected to witness higher growth in the biofertilizers market

Biofertilizers has a direct effect on crops where its application enhances the population of beneficial soil microorganisms. They also secrete plant hormones which favor germination and root growth. Nitrogen-fixing microbe biofertilizers are used for leguminous as well as for non-leguminous crops. They are used to grow other crops as well, especially rice and sugarcane. Thus, the market for biofertilizers with nitrogen-fixing biofertilizers is estimated to grow in the global market in 2019.

Biofertilizers Market

North America is projected to witness the highest growth in the biofertilizers market during the forecast period

North American countries have imposed bans on the usage of harmful chemicals & fertilizers in agriculture due to its adverse effects on the ecology. This, in turn, has created a significant market potential for biofertilizers in the region. Also, increasing acceptance of organic foods among consumers is opening doors for various international players. Rapid growth in organic agriculture and rising demand for organic food in the continent has attributed to the growth of biofertilizer market. As per USDA and DOE, huge availability of biomass feedstock is also one of the drivers for the market.

Market dynamics

Growth in the organic food industry

Consumers, nowadays, are becoming highly concerned about food safety issues, the rising residue levels in food, and environmental issues, due to the rising concerns about their health. This rise in awareness has induced them to prefer chemical-free food products. As a result, major supermarket chains such as Wal-Mart and Cosco are increasing their product offerings of organic foods. The restaurant industry in many developed countries is also offering organic food menus to serve health-conscious consumers. The growth in the organic food industry is triggering the demand for biofertilizers and organic manures, as these are pre-requisites of organic farming. These factors have increased organic retail sales in many countries, such as the US, Germany, China, Switzerland, and Denmark.

According to the United States Organic Food Market Forecast & Opportunities, 2018, western US drives the organic food market revenue due to the growing domestic production and increasing awareness. As a result of this growth of the retail organic food industry, the market for biofertilizers is growing at a global level.

As per the Food and Agriculture Organization (FAO) of the United Nations, the US organic sales increased to USD 35 billion in 2014 from USD 28.4 billion in 2012. Among these, fresh fruits and vegetables had been the top-selling categories of organically grown food.

Environmental and technological constraints

Biofertilizer products have a limited shelf-life and run a high risk of contamination. The microorganisms used as biofertilizers become non-viable when exposed to high temperature. Therefore, it is very important to store them in a cool and dry place. The major problem in the agricultural inoculation technology is the survival of microorganisms during storage; other challenges revolve around several parameters such as culture medium, physiological state of the microorganisms when harvested, dehydration process, rate of drying, temperature maintenance during storage, and water activity of inoculants. These challenges influence the shelf-life of microbes.

The market also has less availability of research & development and testing labs, which is hindering the growth of the biofertilizers market. There is also a need for a quality management system to provide better microbial products to farmers. The strict quality control management is very crucial and must be executed appropriately. The lack of skilled laborers is another factor that is affecting the market growth of biofertilizers. Appropriate training modules for laboratory analysts are unavailable for field level officers and fertilizer inspectors. These modules are necessary to design and implement quality control systems for an efficient application of biofertilizers.

New target markets: Asia Pacific and Africa

The Asia Pacific and African regions are the largest consumers of fertilizers. The increasing rate of population, especially in Asia, has resulted in the increasing demand for food, which would, in turn, lead to the increased consumption of fertilizers. However, the major concerns in this region are pollution and contamination of soil as well as their harmful effects on human beings. To combat the harmful effects of chemical fertilizers, governments in these regions are emphasizing on the use of environmental-friendly fertilizers, such as biofertilizers and organic manure.

Key players in the agricultural sector have started investing in biotechnology and software technologies in emerging markets of the Asia Pacific region. For instance, in April 2019, Kiwa Biotech entered into an agreement with Yu Tian Weather Technology Co., Ltd (China). This agreement would focus on resource sharing and cooperation for market development, product upgrades, and service enhancements, based on the technology, products, and services of the two companies.

Government bodies have helped in increasing awareness among farmers about the advantages of biofertilizer applications. However, the Asia Pacific and Latin American regions have a large number of small-scale manufacturers with limited distributional coverage. The absence of large producers in the industry and low entry barriers will provide an early bird advantage.

According to a study conducted by the FAO, the Asia Pacific region is the largest consumer of fertilizers in the world. It amounts to 60% of the global fertilizer nutrient consumption, the bulk of which is in the East and South Asia. According to the Encyclopedia of Life Support Systems, the growing demand for food in the region leaves very limited time for the land to rejuvenate, typically when devoted to arable farming. Southeast Asia is dominated by poor, small, and marginal farmers with limited options, which include raising food crops in quick succession. Hence, the depletion of soil fertility is expected to accelerate further in the region. To combat the harmful effects of chemical fertilizers, governments in the region are emphasizing on the usage of safer agricultural products such as biofertilizers and organic manures.

Over the last few decades, Africa has witnessed vigorous conventional farming, which has made use of synthetic fertilizers to provide essential plant nutrients to the soil. However, the overuse of these fertilizers has destroyed the soil quality and the essential nutrients. This factor is creating the need for biofertilizers in the region. To improve the quality of soil, there is an extremely high need to find alternative and productive agricultural methods.

The University of Nairobi has been researching biofertilizers in Kenya within the Microbial Resources Centre Network (MIRCEN) project. As a result, it had developed a marketable biofertilizer known as BIOFIX. Although Kenya, at present, is in its initial stages of development, with the increasing research & development and ongoing projects, it would be a growing market for companies in the next few years. On the other hand, in Egypt, biofertilization had been a 50-year-old process; it was used for legume seed inoculation with rhizobia and rice fields with cyanobacteria and Azospirilla. However, the lack of research has made the market stagnant in the last few decades. Nevertheless, with the increasing focus on testing and quality along with the adoption of market expansion strategies of global companies, the biofertilizers market in Egypt is expected to be augmented by both the public and private sectors during the forecast period.

Supply of counterfeit and less effective products

The supply of counterfeit biofertilizers is a major issue in the industry, as it is creating a negative image of the final products among farmers and hindering market growth. The cost of production of spurious products is extremely low, and it has been impossible for farmers to differentiate spurious biofertilizers from the original ones due to similar physical characteristics and identical chemical properties. To imitate a product, poor microbial load, contaminated products, or improper strains are used. Counterfeit products are being sold in Asian countries due to the presence of a highly fragmented market with unorganized players.

Furthermore, the supply of less-effective products, which is again affecting the sales of the products, is another concern that needs to be addressed. The effectiveness of biofertilizers depends on the production process of biofertilizers and their storage. The supply of low standard material by certain manufacturers can adversely affect the credibility of biofertilizers. Some local companies are also selling organic manure as biofertilizers. Spurious manufacturers use these activities to their advantage due to the lack of knowledge and training among local farmers, which is hampering the image of branded products of global manufacturers.

Scope of the Report

Report Metric

Details

Market size estimation

2017–2025

Base year considered

2017

Forecast period considered

2019–2025

Units considered

Value (USD)

Segments covered

Form, Mode of Application, Crop Type, Type, And Region

Regions covered

North America, Asia Pacific, Europe, and RoW

Companies studied

Novozymes A/S (Denmark), International Panaacea Limited (India), Rizobacter Argentina S.A (Argentina), Symborg (Spain) and Kiwa-Biotech (China)

 

Report Scope

Form

  • Liquid
  • Carrier-based Biofertilizer

Mode of Application

  • Soil Treatment
  • Seed Treatment
  • Others (foliar treatment, root dipping, and seedling root treatment)

Crop Type

  • Cereals & grains
  • Pulses & Oilseeds
  • Fruits & vegetables
  • Others (turf & ornamentals, plantation crops, fiber crops, and silage & forage crops)

Type

  • Nitrogen-fixing biofertilizers
  • Phosphate solubilizing & mobilizing biofertilizers
  • Potassium solubilizing & mobilizing biofertilizers
  • Others (zinc, silica, and sulfur-solubilizing biofertilizers)

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Key Market Players

  • Novozymes (Denmark)
  • T Stanes & Company Ltd (India)
  • SOM Phytopharma (India)
  • Ltd International Panaacea Limited (India)
  • Kan Biosys (India)
  • Kiwa Biotech (China)
  • Symborg (Spain)
  • Madras Fertilizers Limited (India)
  • Gujarat State Fertilizers & Chemicals Ltd (India)
  • Lallemand Inc. (Canada)
  • National Fertilizers Limited (India)
  • Rizobacter Argentina S.A (Argentina)
  • Rashtriya Chemicals & Fertilizers Ltd (India)
  • Mapleton Agribiotech (Australia)
  • Varsha Bioscience and Technology India Pvt. Limited
  • ASB Greenworld
  • Ficosterra
  • Agrinos
  • Australian Bio Fert Pty Ltd.
  • BioAg Pty Ltd.

Kiwa Bio-Tech develops, manufactures, and distributes innovative, cost-effective, and environment-friendly biotechnology products. The company mainly operates through four revenue segments, namely, biological organic fertilizer series, compound microbial fertilizer series, bio water-soluble fertilizer series, and microbial inoculum fertilizer. Kiwa Bio-Tech has a team dedicated to eco-agricultural product development to satisfy the growing need for safe food. Kiwa Bio-Tech operates in countries, such as the US and China through its subsidiaries. It has manufacturing facilities in Shandong, China. The company mainly operates through its key subsidiary, Kiwa Baiao Bio Tech (Beijing) Co. Ltd. (China).

Recent Developments

  • In June 2019, Novozymes (Denmark) announced plans to continue its research and distribution partnership with Bayer (Germany), where Novozymes could form multi-partnership with UPL (India) and Univar Solutions (US) to distribute its biological products. In July 2018, Rizobacter Argentina (Argentina) registered an inoculant for chickpea. This product would help to increase the potential pulses market of Europe and India.
  • In July 2018, Rizobacter Argentina (Argentina) registered an inoculant for chickpea. This product would help to increase the potential pulses market of Europe and India.
  • In May 2016, Lallemand Inc. (Canada) acquired Lage y Cia (Uruguay), a prominent seed inoculant company in South America. This acquisition would help Lallemand in the product development of yeast, fungi, and bacteria as a biostimulant, biocontrol, and biofertilizer agent in the agriculture industry.  

Key questions addressed by the report:

  • Which region will account for the highest share in the biofertilizers market?
  • How would the declining availability of infrastructure impact the growth of the biofertilizers market globally?
  • What are the trends and factors responsible for influencing the adoption rate of biofertilizers in key emerging countries? What is the level of support offered by governments across these countries to the manufacturers?
  • Which are the key players in the market and how intense is the competition?
  • Will the disruption in agriculture technologies & practices impact the growth of the biofertilizers market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction
    1.1 Objectives of The Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Regional Segmentation
           1.3.2 Periodization Considered
     1.4 Currency Considered
     1.5 Stakeholders

2 Research Methodology
   2.1 Research Data
          2.1.1 Secondary Data
          2.1.2 Primary Data
                    2.1.2.1 Key Industry Insights
                    2.1.2.2 Breakdown of Primary Interviews
   2.2 Market Size Estimation
          2.2.1 Bottom-Up Approach
          2.2.2 Top-Down Approach
   2.3 Data Triangulation
   2.4 Research Assumptions
   2.5 Limitations

3 Executive Summary

4 Premium Insights
   4.1 Attractive Opportunities in The Biofertilizers Market
   4.2 Biofertilizers Market, By Form
   4.3 North America: Biofertilizers Market, By Crop Type & Country
   4.4 Biofertilizers Market, By Type
   4.5 Biofertilizers Market, By Key Country

5 Market Overview
   5.1 Introduction
   5.2 Macroeconomic Indicators Influencing the Biofertilizers Market
          5.2.1 Population Growth and Diversified Food Demand
          5.2.2 Increase in Organic Farm Area
   5.3 Market Dynamics
          5.3.1 Drivers
                    5.3.1.1 Growth in The Organic Food Industry
                    5.3.1.2 Initiatives by Government Agencies and Increasing Awareness About the Need for Sustainability in Modern Agriculture
                    5.3.1.3 Hazards of Using Chemical Fertilizers
                    5.3.1.4 Increase in The Usage of Biofertilizers In Ranches and Private Farms
          5.3.2 Restraints
                    5.3.2.1 Environmental and Technological Constraints
                    5.3.2.2 Poor Infrastructure & High Initial Investment
          5.3.3 Opportunities
                    5.3.3.1 New Target Markets: Asia Pacific & Africa
          5.3.4 Challenges
                    5.3.4.1 Lack of Awareness & Low Adoption Rate of Biofertilizers
                    5.3.4.2 Supply of Counterfeit and Less-Effective Products
   5.4 Regulatory Framework
          5.4.1 North America
                    5.4.1.1 Canada
          5.4.2 Europe
                    5.4.2.1 Spain
                    5.4.2.2 Italy
          5.4.3 Asia Pacific
                    5.4.3.1 India
                    5.4.3.2 China
                    5.4.3.3 Taiwan
                    5.4.3.4 Thailand
                    5.4.3.5 Australia
                    5.4.3.6 Vietnam
                    5.4.3.7 Philippines
                    5.4.3.8 Bhutan
          5.4.4 South America
                    5.4.4.1 Brazil
                    5.4.5 Row
    5.5 Patent Analysis

6 Biofertilizers Market, By Mode of Application
    6.1 Introduction
    6.2 Soil Treatment
           6.2.1 Increase in Awareness and Easier Application of Biofertilizers To Fuel the Demand for Soil Treatment Among Farmers
    6.3 Seed Treatment
           6.3.1 Low Labor Costs Associated with Seed Treatment
    6.4 Others

7 Biofertilizers Market, By Form
   7.1 Introduction
   7.2 Liquid Biofertilizers
          7.2.1 Longer Shelf-Life Compared to That of Carrier-Based Biofertilizers
   7.3 Carrier-Based Biofertilizers
          7.3.1 Rise in Demand for Pelleted Potash Mobilizing Biofertilizers

8 Biofertilizers Market, By Type
   8.1 Introduction
   8.2 Nitrogen-Fixing Biofertilizers
          8.2.1 Increasing Awareness About Nitrate Emissions and the Resulting Water Hypoxia Drives Its Adoption
   8.3 Phosphate Solubilizing & Mobilizing Biofertilizers
          8.3.1 Rise in Adoption of Sugarcane, Fruits, And Vegetables
   8.4 Potash Solubilizing & Mobilizing Biofertilizers
          8.4.1 Higher Adoption of Carrier-Based Potash Solubilizing Biofertilizers For Better Productivity
   8.5 Others
          8.5.1 Increase in Adoption of Zinc and Sulfur Solubilizers Among Sugarcane Producers

9 Biofertilizers Market, By Crop Type
   9.1 Introduction
   9.2 Cereals & Grains
          9.2.1 Growth in Adoption of Associative Symbiotic and Free-Living Bacteria for Cereal Crops Such as Rice and Corn
   9.3 Oilseeds & Pulses
          9.3.1 Rise in Usage of Soybean as Feed Is, In Turn, Increasing the Consumption of Biofertilizers
   9.4 Fruits & Vegetables
          9.4.1 Increase in Trend of Organic Fruits & Vegetables Due to Changing Lifestyles
   9.5 Other Crops
          9.5.1 Growth in Adoption of Biofertilizers Among Sugarcane Plantation Owners

10 Biofertilizers Market, By Region
   10.1 Introduction
   10.2 North America
        10.2.1 US
               10.2.1.1 Strengthening the Supply Channels of Organic Products for The Feed and Food Industries to Be A Key Factor for The Growth in Demand for Biofertilizers  
        10.2.2 Canada
               10.2.2.1 The Rise in Organic Farmlands Is Projected to Encourage Biofertilizer Manufacturers to Increase Their Production Capacity
        10.2.3 Mexico
               10.2.3.1 The Rise in Exports of Fruits & Vegetables to The Us Is Projected to Increase the Adoption of Biofertilizers Among Small Organic Producers
   10.3 Europe
        10.3.1 Germany
               10.3.1.1 Germany, An Early Adopter of Eu Agricultural Standards and Policies, Would Drive the Market Growth of Nitrogen-Fixing Biofertilizers
        10.3.2 France
               10.3.2.1 Need for Rise in Sustainable Crop Production Has Encouraged Farmers to Opt for Organic Practices
        10.3.3 Italy
               10.3.3.1 Government Initiatives to Provide Financial Support to Farmers
        10.3.4 Spain
               10.3.4.1 Increase in Research & Development to Provide Innovative Products
        10.3.5 UK
               10.3.5.1 Greater Awareness About the Need for Sustainable Farming Practices Across the Food and Feed Value Chains
        10.3.6 Russia
               10.3.6.1 Greater Focus to Increase the Production Capacity of Biofertilizers Among Agri-Input Players
        10.3.7 Ukraine
               10.3.7.1 Growing Demand from Cereal Crops Driving the Adoption of Biofertilizers
        10.3.8 Portugal
               10.3.8.1 Presence of Key Biofertilizers Manufacturing Companies Driving the Market for Biofertilizer
        10.3.9 Rest of Europe
               10.3.9.1 Increase in The Use of Biofertilizer Products in Ukraine And Scandinavian Countries
   10.4 Asia Pacific
        10.4.1 China
               10.4.1.1 The Increasing Trend of Utilizing Biofertilizers For High-Quality Rice Production
        10.4.2 Australia
               10.4.2.1 Growth in The Number of Collaborative Research Projects to Encourage the Production of Innovative Products
        10.4.3 Japan
               10.4.3.1 Stronger Emphasis on Rice Production Using Both Traditional and Modern Practices Is Projected to Drive the Demand for Biofertilizers
        10.4.4 India
               10.4.4.1 Deeper Market Penetration at The District Level with The Growing Number of Biofertilizer Manufacturers in The Country to Impact Market Growth
        10.4.5 Vietnam
               10.4.5.1 Increase in Government Initiatives to Support Exports Is A Major Reason Driving the Market Growth
        10.4.6 Thailand
               10.4.6.1 Increase in Government Initiatives to Support Organic Farming Is A Major Reason Driving the Market Growth
        10.4.7 Indonesia
               10.4.7.1 Increase in Adoption for Use of Nitrogen Fixing Organisms Is Major Reason Driving the Market Growth
        10.4.8 Rest of Asia Pacific
               10.4.8.1 Export of Organic Fruits & Vegetables and Increase in Sustainable Rice Cultivation Practices Are Factors Projected to Drive the Biofertilizers Market
   10.5 South America
        10.5.1 Brazil
               10.5.1.1 Increase in Exports and Research Activities Are A Significant Boost for The Biofertilizers Market
        10.5.2 Chile
               10.5.2.1 Increase in The Are Under Organic Fruits & Vegetables Would Influence the Biofertilizers Market
        10.5.3 Argentina
               10.5.3.1 High Market Penetration in The Country with The Help of Local Companies
        10.5.4 Uruguay
               10.5.4.1 Growing Demand from Oilseed Crops Would Influence the Biofertilizers Market
        10.5.5 Others in Row
               10.5.5.1 Greater Support from Government and Charitable Organizations
   10.6 Rest of The World
        10.6.1 Egypt
               10.6.1.1 Increase in Exports of Cereal Crops Is A Significant Boost for The Biofertilizers Market
        10.6.2 South Africa
               10.6.2.1 Increase in The Exports of Exotic Fruits & Vegetables Would Influence the Biofertilizers Market
        10.6.3 Turkey
               10.6.3.1 Drawbacks of chemical fertilizers would drive adoption of biofertilizer in this market
        10.6.4 Others in Row
               10.6.4.1 Greater Support from Government and Charitable Organizations
 
11 Competitive Landscape
   11.1 Overview
   11.2 Competitive Leadership Mapping
        11.2.1 Dynamic Differentiators
        11.2.2 Innovators
        11.2.3 Visionary Leaders
        11.2.4 Emerging Companies
   11.3 Strength of Product Portfolio
   11.4 Business Strategy Excellence
   11.5 Competitive Scenario
        11.5.1 Expansions & Investments
        11.5.2 Acquisitions
        11.5.3 Agreements, Partnerships, And Collaborations
        11.5.4 New Product Launches

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, Swot Analysis, Mnm View) *
   12.1 Novozymes A/S
        12.1.1 Business Overview
        12.1.2 Products Offered
        12.1.3 Recent Developments
        12.1.4 Swot Analysis
        12.1.5 Right to Win
   12.2 Gujarat State Fertilizers & Chemicals Ltd
        12.2.1 Business Overview
        12.2.2 Products Offered
        12.2.3 Recent Developments
        12.2.4 Swot Analysis
        12.2.5 Right to Win
   12.3 Rizobacter Argentina S.A.
        12.3.1 Business Overview
        12.3.2 Products Offered
        12.3.3 Recent Developments
        12.3.4 Swot Analysis
        12.3.5 Right to Win
   12.4 Rashtriya Chemicals & Fertilizers Limited
        12.4.1 Business Overview
        12.4.2 Products Offered
        12.4.3 Recent Developments
        12.4.4 Swot Analysis
        12.4.5 Right to Win
   12.5 T. Stanes & Company Limited
        12.5.1 Business Overview
        12.5.2 Products Offered
        12.5.3 Recent Developments
        12.5.4 Swot Analysis
        12.5.5 Right to Win
   12.6 National Fertilizers Limited
   12.7 Madras Fertilizers Limited
   12.8 International Panaacea Limited
   12.9 Lallemand Inc.
   12.10 Kan Biosys
   12 .11 Kiwa Bio-Tech
   12.12 Symborg
   12.13 Som Phytopharma India Limited
   12.14 Mapleton Agri Biotech
   12.15 Varsha Bioscience and Technology India Pvt. Limited.
   12.16 Asb Greenworld
   12.17 Ficosterra
   12.18 Agrinos
   12.19 Australian Bio Fert Pty Ltd.
   12.20 Bioag Pty Ltd.
*Details on Business Overview, Products Offered, Recent Developments, Swot Analysis, Mnm View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
   13.1 Discussion Guide
   13.2 Knowledge Store: MarketsandMarkets’ Subscription Portal
   13.3 Available Customizations
   13.4 Related Reports
   13.5 Author Details
  
List of Tables
 
Table 1 USD Exchange Rates, 2014–2018
Table 2 List of Major Patents Pertaining to Biofertilizers, 2017–2019
Table 3 Biofertilizers Market Size, By Mode of Application, 2017–2025 (USD Million)
Table 4 Soil Treatment Market Size, By Region, 2017–2025 (USD Million)
Table 5 Seed Treatment Market Size, By Region, 2017–2025 (USD Million)
Table 6 Other Modes Market Size, By Region, 2017–2025 (USD Million)
Table 7 Biofertilizers Market Size, By Form, 2017–2025 (USD Million)
Table 8 Liquid Biofertilizers Market Size, By Region, 2017–2025 (USD Million)
Table 9 Carrier-Based Biofertilizers Market Size, By Region, 2017–2025 (USD Million)
Table 10 Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 11 Nitrogen-Fixing Biofertilizers Market Size, By Region, 2017–2025 (USD Million)
Table 12 Phosphate Solubilizing & Mobilizing Biofertilizers Market Size, By Region, 2017–2025 (USD Million)
Table 13 Potash Solubilizing & Mobilizing Biofertilizers Market Size, By Region, 2017–2025 (USD Million)
Table 14 Other Biofertilizers Market Size, By Region, 2017–2025 (USD Million)
Table 15 Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 16 Biofertilizers Market Size in Cereal & Grain Cultivation, By Region, 2017–2025 (USD Million)
Table 17 Biofertilizers Market Size in Oilseed & Pulse Cultivation, By Region, 2017–2025 (USD Million)
Table 18 Biofertilizers Market Size in Fruit & Vegetable Cultivation, By Region, 2017–2025 (USD Million)
Table 19 Biofertilizers Market Size in Other Crop Cultivation, By Region, 2017–2025 (USD Million)
Table 21 Biofertilizers Market Size, By Region, 2017–2025 (USD Million)
Table 22 North America: Biofertilizers Market Size, By Country, 2017–2025 (USD Million)
Table 23 North America: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 24 North America: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 25 North America: Biofertilizers Market Size, By Form, 2017–2025 (USD Million)
Table 26 North America: Biofertilizers Market Size, By Mode of Application, 2017–2025 (USD Million)
Table 27 Us: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 28 Us: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 29 Canada: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 30 Canada: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 31 Mexico: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 32 Mexico: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 33 Europe: Biofertilizers Market Size, By Country, 2017–2025 (USD Million)
Table 34 Europe: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 35 Europe: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 36 Europe: Biofertilizers Market Size, By Form, 2017–2025 (USD Million)
Table 37 Europe: Biofertilizers Market Size, By Mode of Application, 2017–2025 (USD Million)
Table 38 Germany: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 39 Germany: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 40 France: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 41 France: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 42 Italy: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 43 Italy: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 44 Spain: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 45 Spain: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 46 UK: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 47 UK: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 48 Russia: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 49 Russia: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 50 Ukraine: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 51 Ukraine: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 52 Portugal: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 53 Portugal: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 54 Rest of Europe: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 55 Rest of Europe: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 56 Asia Pacific: Biofertilizers Market Size, By Country, 2017–2025 (USD Million)
Table 57 Asia Pacific: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 58 Asia Pacific: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 59 Asia Pacific: Biofertilizers Market Size, By Form, 2017–2025 (USD Million)
Table 60 Asia Pacific: Biofertilizers Market Size, By Mode of Application, 2017–2025 (USD Million)
Table 61 China: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 62 China: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 63 Australia: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 64 Australia: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 65 Japan: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 66 Japan: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 67 India: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 68 India: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 69 Vietnam: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 70 Vietnam: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 71 Thailand: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 72 Thailand: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 73 Indonesia: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 74 Indonesia: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 75 Rest of Asia Pacific: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 76 Rest of Asia Pacific: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 77 South America: Biofertilizers Market Size, By Country, 2017–2025 (USD Million)
Table 78 South America: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 79 South America: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 80 South America: Biofertilizers Market Size, By Form, 2017–2025 (USD Million)
Table 81 South America: Biofertilizers Market Size, By Mode of Application, 2017–2025 (USD Million)
Table 82 Brazil: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 83 Brazil: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 84 Chile: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 85 Chile: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 86 Argentina: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 87 Argentina: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 88 Uruguay: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 89 Uruguay: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 90 Others in South America: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 91 Others in South America: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 92 Row: Biofertilizers Market Size, By Country, 2017–2025 (USD Million)
Table 93 Row: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 94 Row: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 95 Row: Biofertilizers Market Size, By Form, 2017–2025 (USD Million)
Table 96 Row: Biofertilizers Market Size, By Mode of Application, 2017–2025 (USD Million)
Table 97 Egypt: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 98 Egypt: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 99 South Africa: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 100 South Africa: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 101 Turkey: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 102 Turkey: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 103 Others in Row: Biofertilizers Market Size, By Type, 2017–2025 (USD Million)
Table 104 Others in Row: Biofertilizers Market Size, By Crop Type, 2017–2025 (USD Million)
Table 105 Expansions, 2012–2019
Table 106 Investments, 2012–2019
Table 107 Acquisitions, 2013–2016
Table 108 Agreements, 2013–2019
Table 109 Partnerships, 2013–2019
Table 110 Collaborations, 2013–2019
Table 111 New Product Launches, 2016–2018
    
List of Figures 

Figure 1 Biofertilizers: Market Segmentation
Figure 2 Biofertilizers: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Biofertilizers Market: Bottom-Up Approach
Figure 5 Biofertilizers Market: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Biofertilizers Market Size, By Type, 2019 Vs. 2025 (USD Million)
Figure 8 Biofertilizers Market Size, By Crop Type, 2019 Vs. 2025 (USD Million)
Figure 9 Biofertilizers Market Size, By Mode of Application, 2019 Vs. 2025 (USD Million)
Figure 10 Biofertilizers Market: Regional Snapshot
Figure 11 High Growth Opportunities for Biofertilizer Manufacturers with The Increasing Cultivation of Cash Crops During the Forecast Period
Figure 12 Liquid Biofertilizers Remain A Preferred Alternative Due to Their Ease of Application in Large-Scale Farms of Developed Countries
Figure 13 Fruits & Vegetable Exports Drove the Demand for Biofertilizers Significantly in North America in 2018
Figure 14 Phosphate Solubilizing & Mobilizing Biofertilizers Gained Better Demand in The Asia Pacific Region In 2018
Figure 15 The Us Was One of The Key Adopters of Biofertilizers In the Global Market In 2018
Figure 16 Population Growth Trend, By Region, 1950–2050 (Million)
Figure 17 Organic Farm Area Growth Trend, By Key Country, 2015–2017 ('000 Ha)
Figure 18 Market Dynamics: Biofertilizers Market
Figure 19 Organic Retail Sales, 2015–2017 (USD Million)
Figure 20 Growth Trend of Organic Producers, 2015–2017
Figure 21 Number of Patents Approved for Biofertilizer Strains in the Global Market, 2012–2019
Figure 22 Regional Analysis: Patent Approval for Biofertilizer Products, 2012–2019
Figure 23 Soil Treatment Segment Is Projected to Dominate the Biofertilizers Market Throughout the Forecast Period
Figure 24 Nitrogen-Fixing Biofertilizers Segment Is Projected to Dominate the Market Throughout the Forecast Period
Figure 25 Argentina Is Projected to Witness the Highest Growth Rate Among the Country-Level Markets
Figure 26 North America: Regional Snapshot
Figure 27 Europe: Regional Snapshot
Figure 28 Biofertilizers Market: Competitive Leadership Mapping, 2018
Figure 29 Key Developments of The Leading Players in The Biofertilizers Market, 2012–2019  
Figure 30 Novozymes A/S: Company Snapshot
Figure 31 Novozymes A/S: Swot Analysis
Figure 32 Gujarat State Fertilizers & Chemicals Ltd: Company Snapshot
Figure 33 Gujarat State Fertilizers & Chemicals Ltd: Swot Analysis
Figure 34 Rizobacter Argentina S.A.: Company Snapshot
Figure 35 Rizobacter Argentina S.A.: Swot Analysis
Figure 36 Rashtriya Chemicals & Fertilizers Limited: Company Snapshot
Figure 37 Rashtriya Chemicals & Fertilizers Limited: Swot Analysis
Figure 38 National Fertilizers Limited: Company Snapshot
Figure 39 Madras Fertilizers Limited: Company Snapshot
Figure 40 Kiwa Bio-Tech: Company Snapshot
Figure 41 T. Stanes & Company Limited.: Swot Analysis
Figure 42 International Panaacea Limited: Company Snapshot
Figure 43 Lallemand Inc.: Swot Analysis
Figure 44 Kan Biosys: Company Snapshot
Figure 45 Symborg: Company Snapshot
Figure 46 Som Phytopharma India Limited: Company Snapshot
Figure 47 Mapleton Agri Biotech: Company Snapshot
Figure 48 Varsha Bioscience and Technology India Pvt. Limited: Company Snapshot
Figure 49 Asb Greenworld: Swot Analysis
Figure 50 Ficosterra: Company Snapshot
Figure 51 Agrinos.: Swot Analysis
Figure 52 Australian Bio Fert Pty Ltd.: Company Snapshot
Figure 53 Bioag Pty Ltd.: Company Snapshot

The study involved four major activities for estimating the market size of biofertilizers. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Bloomberg BusinessWeek and Factiva were referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The market comprises several stakeholders, which include Biofertilizer manufacturers, suppliers, distributors, importers, and exporters in the supply chain. Various primary sources from both the supply and demand sides of the biofertilizers market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include research institutions, government agencies, farmer organizations, and cooperative farm societies. The primary sources from the supply side include biofertilizers manufacturers, raw material suppliers, and key opinion leaders.

Biofertilizers Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the biofertilizers market. These approaches were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders such as CEOs, directors, and marketing executives.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders such as CEOs, directors, and marketing executives.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To arrive at the exact statistics for all the segments and subsegments, the data triangulation and market breakdown procedures were employed, wherever applicable. After the market was validated using both the top-down and bottom-up approaches, the data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To determine and forecast the size of the biofertilizers market, by form, by mode of application, crop type, type, and region
  • To identify attractive opportunities in the biofertilizers market by determining the largest and fastest-growing segments across regions
  • To strategically analyze the demand-side factors based on the following:
  • Impact of macro- and microeconomic factors on the market
  • Shifts in demand patterns across different subsegments and regions
  • To identify the key drivers and restraints that have an impact on the global market
  • To strategically profile the key players and comprehensively analyze their market positions in terms of core competencies, along with detailing the competitive landscape for market leaders
  • To analyze strategic approaches such as acquisitions, expansions, investments, product launches & approvals, agreements, collaborations, and partnerships in the biofertilizers market
  • To provide insights on the key investments in product innovations and patent registrations
  • To analyze the supply chain and regulatory frameworks across regions and their impact on prominent market players

Available Customizations

Based on the given market data, MarketsandMarkets offers customizations in the reports according to client-specific requirements. The available customization options are as follows:

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the Rest of Europe market into Ukraine, Portugal, Finland, and Poland
  • Further breakdown of the Rest of Asia Pacific market into Malaysia, Thailand, and Indonesia
  • Further breakdown of other countries in RoW into Kenya, Nigeria, Peru, Tunisia, Egypt, Uruguay, and Chile.

Company Information

  • Detailed analyses and profiling of additional market players (Up to five)
Report Code
AGI 2569
Published ON
Sep, 2019
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