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
[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.
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.
See how this study impacted revenues for other players in Biofertilizers Market
Clients Problem Statement
Our client, a leading Europe-based natural nitrogen technology provider, was keen to increase its market penetration in the biofertilizer market for rice applications in Southeast Asia, with a focus on Vietnam, Thailand, the Philippines, Indonesia, and Japan. The crucial decisions that the client needed to make were which biofertilizers to focus on according to their potential for rice varieties in each of the countries and their specific regions/states/provinces.
MnM Approach
For each country, MNM assisted the client with the market potential of different biofertilizers for rice varieties and the rice production, yield, and fertilizer dosage, along with seed processing and production systems. Manufacturers were profiled and benchmarked based on their product portfolio strength and business strategy excellence. This helped our client understand the competitiveness in the market and the untapped potential in each country.
Revenue Impact (RI)
Our findings helped the client to penetrate the USD 15 million rice biofertilizer market, with projected revenue of USD 5 million in 5 years. The client was able to grow its market share in the countries by getting an understanding of the untapped areas in each country.
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.
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.
Key Market Players
Many domestic and global players provide biofertilizers for various crop type across the world. Major manufacturers have their presence in North America and Asia. Key companies in the biofertilizers market are Novozymes (Denmark), T Stanes & Company Ltd. (India), SOM Phytopharma (India) Ltd. (India), 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), and Mapleton Agribiotech (Australia).
Scope Of The Report
|
Report Metric |
Details |
|
Market size estimation |
20172025 |
|
Base year considered |
2017 |
|
Forecast period considered |
20192025 |
|
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) |
This research report categorizes the biofertilizers market, based on form, mode of application, crop type, type, and region.
Target Audience
- Supply-side: Biofertilizer manufacturers, suppliers, distributors, importers, and exporters
- Demand-side: Farmers, farmer organizations, and contract farmers
- Regulatory side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
- Associations and industry bodies: Food and Agriculture Organization (FAO), US department of agriculture (USDA), Research institute of organic agriculture (FiBL), the international federation of organic agriculture movements (IFOAM) and Pesticide action network (PAN).
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)
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.
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 (Page No. - 18)
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 (Page No. - 22)
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 (Page No. - 29)
4 Premium Insights (Page No. - 33)
4.1 Attractive Opportunities in this Market
4.2 Biofertilizers Market, By Form
4.3 North America: Biofertilizers Market, By Crop Type & Country
4.4 Market, By Type
4.5 Market, By Key Country
5 Market Overview (Page No. - 36)
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 (Page No. - 50)
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 (Page No. - 55)
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 (Page No. - 59)
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 (Page No. - 65)
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 (Page No. - 71)
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 Rest of Europe
10.3.7.1 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 Rest of Asia Pacific
10.4.6.1 Export of Organic Fruits & Vegetables and Increase in Sustainable Rice Cultivation Practices are Factors Projected to Drive the Biofertilizers Market
10.5 Rest of the World
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 South Africa
10.5.2.1 Increase in the Exports of Exotic 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 Others in RoW
10.5.4.1 Greater Support From Government and Charitable Organizations
11 Competitive Landscape (Page No. - 110)
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 (Page No. - 119)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 Novozymes A/S
12.2 Gujarat State Fertilizers & Chemicals Ltd
12.3 Rizobacter Argentina S.A.
12.4 Rashtriya Chemicals & Fertilizers Limited
12.5 T. Stanes & Company Limited
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
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 150)
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 (76 Tables)
Table 1 USD Exchange Rates, 20142018
Table 2 List of Major Patents Pertaining to Biofertilizers, 20172019
Table 3 Biofertilizers Market Size, By Mode of Application, 20172025 (USD Million)
Table 4 Soil Treatment Market Size, By Region, 20172025 (USD Million)
Table 5 Seed Treatment Market Size, By Region, 20172025 (USD Million)
Table 6 Other Modes Market Size, By Region, 20172025 (USD Million)
Table 7 Market Size for Biofertilizers, By Form, 20172025 (USD Million)
Table 8 Liquid Biofertilizers Market Size, By Region, 20172025 (USD Million)
Table 9 Carrier-Based Biofertilizers Market Size, By Region, 20172025 (USD Million)
Table 10 Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 11 Nitrogen-Fixing Biofertilizers Market Size, By Region, 20172025 (USD Million)
Table 12 Phosphate Solubilizing & Mobilizing Biofertilizers Market Size, By Region, 20172025 (USD Million)
Table 13 Potash Solubilizing & Mobilizing Biofertilizers Market Size, By Region, 20172025 (USD Million)
Table 14 Other Biofertilizers Market Size, By Region, 20172025 (USD Million)
Table 15 Market Size for Biofertilizers, By Crop Type, 20172025 (USD Million)
Table 16 Biofertilizers Market Size in Cereal & Grain Cultivation, By Region, 20172025 (USD Million)
Table 17 Biofertilizers Market Size in Oilseed & Pulse Cultivation, By Region, 20172025 (USD Million)
Table 18 Biofertilizers Market Size in Fruit & Vegetable Cultivation, By Region, 20172025 (USD Million)
Table 19 Biofertilizers Market Size in Other Crop Cultivation, By Region, 20172025 (USD Million)
Table 21 North America: Biofertilizers Market Size, By Country, 20172025 (USD Million)
Table 22 North America: Market Size, By Type, 20172025 (USD Million)
Table 23 North America: Market Size, By Crop Type, 20172025 (USD Million)
Table 24 US: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 25 US: Market Size, By Crop Type, 20172025 (USD Million)
Table 26 Canada: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 27 Canada: Market Size, By Crop Type, 20172025 (USD Million)
Table 28 Mexico: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 29 Mexico: Market Size, By Crop Type, 20172025 (USD Million)
Table 30 Europe: Market Size for Biofertilizers, By Country, 20172025 (USD Million)
Table 31 Europe: Market Size, By Type, 20172025 (USD Million)
Table 32 Europe: Market Size, By Crop Type, 20172025 (USD Million)
Table 33 Germany: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 34 Germany: Market Size, By Crop Type, 20172025 (USD Million)
Table 35 France: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 36 France: Market Size, By Crop Type, 20172025 (USD Million)
Table 37 Italy: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 38 Italy: Market Size, By Crop Type, 20172025 (USD Million)
Table 39 Spain: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 40 Spain: Market Size, By Crop Type, 20172025 (USD Million)
Table 41 UK: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 42 UK: Market Size, By Crop Type, 20172025 (USD Million)
Table 43 Russia: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 44 Russia: Market Size, By Crop Type, 20172025 (USD Million)
Table 45 Rest of Europe: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 46 Rest of Europe: Market Size, By Crop Type, 20172025 (USD Million)
Table 47 Asia Pacific: Biofertilizers Market Size, By Country, 20172025 (USD Million)
Table 48 Asia Pacific: Market Size, By Type, 20172025 (USD Million)
Table 49 Asia Pacific: Market Size, By Crop Type, 20172025 (USD Million)
Table 50 China: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 51 China: Market Size, By Crop Type, 20172025 (USD Million)
Table 52 Australia: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 53 Australia: Market Size, By Crop Type, 20172025 (USD Million)
Table 54 Japan: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 55 Japan: Market Size, By Crop Type, 20172025 (USD Million)
Table 56 India: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 57 India: Market Size, By Crop Type, 20172025 (USD Million)
Table 58 Vietnam: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 59 Vietnam: Market Size, By Crop Type, 20172025 (USD Million)
Table 60 Rest of Asia Pacific: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 61 Rest of Asia Pacific: Market Size, By Crop Type, 20172025 (USD Million)
Table 62 RoW: Biofertilizers Market Size, By Country, 20172025 (USD Million)
Table 63 RoW: Market Size, By Type, 20172025 (USD Million)
Table 64 RoW: Market Size, By Crop Type, 20172025 (USD Million)
Table 65 Brazil: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 66 Brazil: Market Size, By Crop Type, 20172025 (USD Million)
Table 67 South Africa: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 68 South Africa: Market Size, By Crop Type, 20172025 (USD Million)
Table 69 Argentina: Market Size for Biofertilizers, By Type, 20172025 (USD Million)
Table 70 Argentina: Market Size, By Crop Type, 20172025 (USD Million)
Table 71 Others in RoW: Biofertilizers Market Size, By Type, 20172025 (USD Million)
Table 72 Others in RoW: Market Size, By Crop Type, 20172025 (USD Million)
Table 73 Expansions & Investments, 20122019
Table 74 Acquisitions, 20132016
Table 75 Agreements, Partnerships, and Collaborations, 20132019
Table 76 New Product Launches, 20162018
List of Figures (40 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 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, 19502050 (Million)
Figure 17 Organic Farm Area Growth Trend, By Key Country, 20152017 ('000 Ha)
Figure 18 Market Dynamics: Biofertilizers Market
Figure 19 Organic Retail Sales, 20152017 (USD Million)
Figure 20 Growth Trend of Organic Producers, 20152017
Figure 21 Number of Patents Approved for Biofertilizer Strains in the Global Market, 20122019
Figure 22 Regional Analysis: Patent Approval for Biofertilizer Products, 20122019
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, 20122019
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
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.
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)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Biofertilizers Market
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Growth opportunities and latent adjacency in Biofertilizers Market
Interested in Biofertilizers Market Report
Interested in Biofertilizers Market Report
Looking for market information on Boron solubilizing micro-organism, Boron mobilizing micro-organism, Zinc solubilizing micro-organism and Zinc mobilizing micro-organism
Interested in understanding the 10 year trend for inoculants in various crops.
Need to know if you have segmented microorganisms type part to country level, and if so to which countries
Interested in Biofertilizers Market Report
Interested in Biofertilizers Market Report
Looking for data information on global consumption of biofertilizer on vegetables and cereals for the past two decades.
Interested in Biofertilizers Market Report
Looking for the total market of Biofertilizer and biopesticides in india.
Looking for market information on Fertilizers, Grains, Cereals and Agro-Chemical Markets, Consumption Data, New Products Launch and International Trade
Interested to know the recent growth and the perspective for the future demand of biofertilizers.
Interested in understanding the demand and need of Biofertilizer in Global scenario.
Need information on India market, licensing needs to set up manufacturing of biofertilizers in India
Need information quantitative and qualitative on the bio fertilizer market in the US, Mexico and Germany.
Wanted to know why phytostimulants is small market in Europe but huge in Latin America.
Interested in organic fertilisers, organic substrates, soil improvers market especially when they contain fungi or bacteria
Interested in Biofertilizers Market Report
Interested in Latin Americas Biofertilizers Market Size and Competitive Landscape
Interested in fertilizers, biofertilizers, herbicides and seeds market at a global level.
Interested in Biofertilizers Market Report
Looking for information of U.S. Market, competitive landscape, key customers and market access points, key distributors and sales by state for Biofertilizers.
Looking for information about raw materials and product fertilizer for cereals and vegetables.