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The Biofertilizers Market size was valued at USD 2.7 Billion in 2023. It is expected to grow to USD 7.10 Billion by 2032 and grow at a CAGR of 11.4% over the forecast period of 2024-2032.
Biofertilizers are substances that contain living microorganisms that can improve plant growth by providing nutrients or stimulating plant growth. Synthetic fertilizers have an environmental footprint, causing soil degradation, water pollution, and biodiversity loss. When applied to soil in large amounts or too frequently, chemical fertilizers are washed into water bodies, creating eutrophication. As a result, the water body depletes oxygen, affecting animal and plant life. Furthermore, synthetic fertilizers may reduce soil fertility over time since they lack the necessary diversity of microbes contained in the soil. There is a growing trend toward using biofertilizers, which have a low environmental load.
According to the U.S. Environmental Protection Agency (EPA), nutrient pollution from chemical fertilizers is a leading cause of water quality issues in the United States, affecting approximately 15,000 water bodies nationwide. This pollution is responsible for harmful algal blooms and hypoxic zones, which can severely impact aquatic ecosystems and drinking water sources.
These products contain beneficial bacteria that naturally fix and convert nitrogen, as well as solubilize phosphate, fix other nutrients and reduce fertilization rates of the soil. As a result, the use of biofertilizers can enhance soil microbiology and nutrient cycling, structurize the soil, increase crop yield, and reduce direct and indirect greenhouse gas emissions that are mainly associated with the production of synthetic fertilizers.
The progress in microbial science successively leads to the improvement of the effect and applicability of biofertilizers, with the help of such technologies as encapsulation and controlled-release mechanisms so that to protect the microbial content and use the items over an increased period, thus, benefit more the crops yield and quality. For instance, encapsulation presupposes wrapping the required microbes in the protective lining so that to increase the soil application and let the microbes adapt to the new environment more easily. Similarly, the controlled-release system is expected to adjust to the soil and the plant so that the nutrients can slowly spread among them.
According to the Food and Agriculture Organization (FAO), advancements in these technologies have made biofertilizers a practical and scalable alternative to synthetic fertilizers, particularly as they contribute to a 20-30% increase in nutrient use efficiency in crops compared to traditional fertilizers.
Drivers
Rising potential benefits of biofertilizers among Farmers
Rising government support for organic farming drives the market growth.
Organic farming is becoming an increasingly promoted agricultural practice by governments worldwide to improve environmental sustainability, support rural livelihoods and meet the escalating demand for organic produce. To support these efforts, various programs, subsidies, as well as certification supports, are provided to encourage the adoption of organic agriculture that heavily endorses the use of biofertilizers production rather than inorganic inputs. These assistances are designed to reduce the environmental burdens of agriculture in terms of soil health and biodiversity.
For instance, as a part of the CAP reform, the EU allocated about €40 billion for eco-schemes, including organic management in 2023, along with the ambitions to increase the coverage of the organic farming area to 25% of the total agricultural land by 2030 in the EU. In this regard, government aid not only covers the certification costs of organic farming for the farmers but also provides the farmers with the resources needed to spur the transition from the conventional to organic agricultural practices, which thus raises the demands for biofertilizers and other organic farming inputs.
Restraint
High production costs associated with biofertilizers which hamper the market growth.
Biofertilizers have a very high cost in their production, and as such, they have not been highly accepted among small and medium-sized farmers across the developing world. The use of biofertilizers requires the cultivation of microbial strains in controlled conditions- a process that requires highly technical equipment and skilled manpower. Moreover, other processes, such as the enclosure and controlled-release technology, will require more specialized and expensive equipment in the manufacturing process to guarantee that the biofertilizers are stable and effective. This means that, unlike synthetic biofertilizers which have gained from economies of scale and have already established their production costs, manufacturers may not be able to scale up their production without incurring additional costs to ensure the maintenance of better quality and better standards.
By Product
The nitrogen-fixing segment held a market share of about 44.23% in 2023. One of the most important components for plants required for the synthesis of proteins and chlorophyll is nitrogen. However, most crops do not assimilate atmospheric nitrogen, and the role of nitrogen-fixing biofertilizers in this case is significant. They consist of beneficial bacteria that can convert atmospheric nitrogen into a form usable by plants. Using these compounds is safe and justified since these biofertilizers do not contain any toxic substances and eliminate the need for industrial nitrogen fertilizers. Nitrogen-fixing biofertilizers are in demand in the cultivation of various crops: legumes, cereals, and vegetables. These biofertilizers are highly effective; they allow one to obtain a high crop in the shortest time, which is the main advantage that determines the popularity of these compounds. It is also essential that these biofertilizers have no negative impact on the environment and technology of the soil.
By Crop Type
The cereals and grains segment held the largest market share around 40% in 2023. Cereal and grain production require significant biofertilizer use. Additionally, phosphate-solubilizing bacteria and Azotobacter inoculation enhance wheat growth and yield. Using these biofertilizers promotes increased vegetation growth and photosynthesis activity in cereal and grain cultivation.
Oilseeds and pulses, such as soybean, sunflower, and groundnuts, are experiencing a surge in global demand. This increasing interest is significantly benefiting the application of certain products in these sectors. Additionally, innovative microbiological advancements are playing a pivotal role in identifying the optimum composition of biofertilizers for wheat cultivation, which is a major focus within the cereals & grains segment. Given these developments, projections indicate that demand will witness substantial growth throughout the forecast period on a worldwide scale.
By Application
Seed Treatment held the largest market share around 70.22% in 2023. The approach is applicable because it is effective in enhancing the soil and improving the availability of nutrients to plants. Adding biofertilizers to the soil is done before planting to allow the beneficial microbes to adapt and start interacting, as far as nutrient cycling is concerned, with the soil nutrients. Soil treatment with biofertilizer enhances nutrient cycling increases soil availability, improves the structure as well as the porosity of soil, and increases the availability of various nutrients that are important to the growth of plants including nitrogen and phosphorous. Regarding the promotion of microbial biodiversity and reduction of the use of chemical fertilizer, biofertilizer is effective in soil treatment for the restoration of degraded soils.
North America held the largest market share around 42% in 2023. The largest and fastest-growing market is the United States, followed by Canada. The major reasons propelling the market include favorable government laws, an easy registration process, and a rising number of organic farms. Sinorhizobium, Azorhizobium, Allorhizobium, and others are the most common genera utilized as biofertilizers in North America. According to The World of Organic Agriculture, nearly 3.5 million hectares of farmland in North America will be managed organically by 2021. There were 2.3 million in the United States and 1.2 million in Canada.
During the forecast period of 2024 to 2032, the European market is estimated to develop at a CAGR of 11.9%. The European Union is constantly supporting biofertilizers since they are cost-effective, recommending farmers optimize the application of chemical fertilizers or replace them entirely or partially with eco-friendly fertilizers to achieve greater economic returns.
The Asia-Pacific market is predicted to grow at a 10.8% CAGR during the forecast period. China is the largest consumer of biofertilizers, followed by India and Japan. The biofertilizers market in India is predicted to rise, owing to increased farmer awareness of the benefits of biofertilizers on soil health, as well as the central government's attempt to organize the country's biofertilizers industry by bringing it under the authority of fertilizer laws.
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Key Players
Raw Key Manufacturers
Indian Farmers Fertiliser Cooperative Ltd (IFFCO BIOTECH, Nano Urea)
CBF China Biofertilizers (Bio-NPK, Organic Fertilizers)
Koppert Biological Systems Inc. (Mycorrhiza, Nematode Control)
Kiwa Bio-Tech Products Group Corp (Eco-Grow Biofertilizer, Kiwa Biofertilizer)
T. Stanes and Company Ltd (RhizoPlus, NitroPlus)
Symborg S.L. (BlueN, Symbioroots)
Lallemand Inc. (Lalfix, LalGreen)
Novozymes A/S (JumpStart, Zymate)
Sigma Agri-Science, LLC (Sigma BioFix, Green Glo)
Biomax (Biomax Phosphate Solubilizer, Biomax Humic Acid)
Key Suppliers of Biofertilizer Products
Nutrien Ltd.
Corteva Agriscience
Mahindra Agribusiness
Rallis India Ltd.
AgroFresh Solutions, Inc.
Godrej Agrovet Ltd.
UPL Limited
FMC Corporation
Tata Chemicals Limited
Grow mark, Inc.
In 2023 Wilson Chemical Solutions collaborated with Phinite company to create a new technique that converts manure to regenerative biofertilizer. This certified organic solution performs better than synthetic fertilizer, assisting animal farms in increasing profitability and eliminating difficult waste disposal issues, as well as farmers in improving soil health.
In 2023 Marcos said that the government will make biofertilizers available to Filipino farmers to reduce their reliance on expensive, imported, petroleum-based fertilizers.
In 2022 Koppert Biological Systems Inc plans to invest in three new manufacturing units in Brazil. The new formulation unit will generate the whole microbiological range, including liquid and solid formulations based on fungi, viruses, and bacteria.
Report Attributes | Details |
Market Size in 2023 | US$ 2.7 Billion |
Market Size by 2032 | US$ 7.10 Billion |
CAGR | CAGR of 11.4 % From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024- 2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product (Nitrogen Fixing, Phosphate Solubilizing, Others) • By Crop Type (Row Crops, Horticultural Crops, Cash Crops) • By Application (Seed Treatment, Soil treatment) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | Indian Farmers Fertiliser Cooperative Ltd, CBF China Biofertilizers, Koppert Biological Systems Inc., Kiwa Bio-Tech Products Group Corp, T. Stanes and Company Ltd, Symborg S.L., Lallemand Inc., Fertilizers USA LLC, Antibiotice S.A., Novozymes A/S, Sigma Agri-Science, LLC, Biomax, Marcos N.P.K., Wilson Chemical Solutions |
Key Drivers | • Rising potential benefits of biofertilizers among Farmers • Rising government support for organic farming |
Market Opportunity | • Adoption of precision farming • Untapped market Asia Pacific and Africa |
Ans. USD 7.31 billion is the projected Biofertilizers Market size of the market by 2031.
Ans. The CAGR of the Biofertilizers Market over the forecast period is 10.8%.
Ans. USD 3.2 billion is the projected value in 2023 for the Biofertilizers Market.
Ans. Challenges are Unfavourable climate conditions and environmental concerns and technical constraints to hamper the biofertilizers market.
Ans. Opportunities are Rising potential benefits of biofertilizers among Farmers and rising government support for organic farming
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization, by Country, by Type, 2023
5.2 Feedstock Prices, by Country, by Type, 2023
5.3 Regulatory Impact, by l Country, by Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, by Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Biofertilizers Market Segmentation, by Product
7.1 Chapter Overview
7.2 Nitrogen Fixing
7.2.1 Nitrogen Fixing Market Trends Analysis (2020-2032)
7.2.2 Nitrogen Fixing Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Phosphate Solubilizing
7.3.1 Phosphate Solubilizing Market Trends Analysis (2020-2032)
7.3.2 Phosphate Solubilizing Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Others
7.4.1 Others Market Trends Analysis (2020-2032)
7.4.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Biofertilizers Market Segmentation, by Crop Type
8.1 Chapter Overview
8.2 Cereals & Grains
8.2.1 Cereals & Grains Market Trends Analysis (2020-2032)
8.2.2 Cereals & Grains Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Oilseeds & Pulses
8.3.1 Oilseeds & Pulses Market Trends Analysis (2020-2032)
8.3.2 Oilseeds & Pulses Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Fruits & Vegetables
8.4.1 Fruits & Vegetables Market Trends Analysis (2020-2032)
8.4.2 Fruits & Vegetables Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Others
8.5.1 Others Market Trends Analysis (2020-2032)
8.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Biofertilizers Market Segmentation, by Application
9.1 Chapter Overview
9.2 Seed Treatment
9.2.1 Seed Treatment Market Trends Analysis (2020-2032)
9.2.2 Seed Treatment Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Soil treatment
9.3.1 Soil Treatment Market Trends Analysis (2020-2032)
9.3.2 Soil Treatment Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Biofertilizers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.4 North America Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.2.5 North America Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.6.2 USA Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.2.6.3 USA Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.7.2 Canada Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.2.7.3 Canada Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.8.2 Mexico Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.2.8.3 Mexico Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Biofertilizers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.6.2 Poland Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.1.6.3 Poland Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.7.2 Romania Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.1.7.3 Romania Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Biofertilizers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.4 Western Europe Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.5 Western Europe Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.6.2 Germany Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.6.3 Germany Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.7.2 France Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.7.3 France Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.8.2 UK Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.8.3 UK Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.9.2 Italy Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.9.3 Italy Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.10.2 Spain Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.10.3 Spain Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.13.2 Austria Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.13.3 Austria Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Biofertilizers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.4 Asia Pacific Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.4.5 Asia Pacific Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.6.2 China Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.4.6.3 China Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.7.2 India Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.4.7.3 India Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.8.2 Japan Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.4.8.3 Japan Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.9.2 South Korea Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.4.9.3 South Korea Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.10.2 Vietnam Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.4.10.3 Vietnam Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.11.2 Singapore Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.4.11.3 Singapore Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.12.2 Australia Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.4.12.3 Australia Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Biofertilizers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.4 Middle East Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.1.5 Middle East Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.6.2 UAE Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.1.6.3 UAE Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Biofertilizers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.4 Africa Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.2.5 Africa Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Biofertilizers Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.4 Latin America Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.6.5 Latin America Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.6.2 Brazil Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.6.6.3 Brazil Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.7.2 Argentina Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.6.7.3 Argentina Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.8.2 Colombia Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.6.8.3 Colombia Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Biofertilizers Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Biofertilizers Market Estimates and Forecasts, by Crop Type (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Biofertilizers Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11. Company Profiles
11.1 Indian Farmers Fertiliser Cooperative Ltd,
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 CBF China Biofertilizers
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Koppert Biological Systems Inc.
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Kiwa Bio-Tech Products Group Corp
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Stanes and Company Ltd, Symborg S.L.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Lallemand Inc.
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Fertilizers USA LLC
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Antibiotice S.A.
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Novozymes A/S
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Sigma Agri-Science
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
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This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Product
Nitrogen Fixing
Phosphate Solubilizing
Others
By Crop Type
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
By Application
Seed Treatment
Soil treatment
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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