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Biofertilizers Market - Growth, Trends, Analysis, Forecast to 2022

The demand for biofertilizers is completely dependent on the growth of the fertilizer industry. Furthermore, the shrinking arable land, adoption of new technology, and the increasing willingness of farmers to spend more for higher productivity are some important factors that contribute to the increasing demand for biofertilizers. The shortage in the supply of agricultural products in the last five years has resulted in an increase in their prices, and subsequently led to the increase in agricultural production. As a result, the demand for fertilizers has increased, which is expected to drive the demand for biofertilizers.

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Biofertilizers Market - Growth, Trends, Analysis, Forecast to 2022

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  1. MarketsandMarkets™ Presents Biofertilizers Market - Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/compound-biofertilizers-customized-fertilizers-market-856.html

  2. The report "Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate-Solubilizing, Potash-Mobilizing), Microorganism (Rhizobium, Azotobacter, Azospirillium, Cyanobacteria, P-Solubilizer), Mode of Application, Crop Type, Form, and Region - Global Forecast to 2022", The biofertilizers market is projected to grow at a CAGR of 14.08% during the forecast period, to reach a projected value of USD 2.31 Billion by 2022. Browse 87 market data Tables and 62 Figures spread through 178 Pages and in-depth TOC on "Biofertilizers Market - Global Forecast to 2022" Early buyers will receive 10% customization on this report. This market is primarily driven by the growth in the organic food industry and increase in awareness regarding the health hazards caused by the use of chemical fertilizers. Moreover, government agencies are promoting the use of biofertilizers, which has also driven the market growth, globally. However, lack of awareness and low adoption of biofertilizers coupled with poor infrastructure are the major restraining factors in this market. North America accounted for the largest market share in the biofertilizers market in 2015, which was followed by Europe. Governments of countries in North America have imposed bans on harmful chemicals used as inputs in agriculture. This created significant market potential for biofertilizers in the region. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=856

  3. The objectives of the study are: • The objective of the study is to define, segment, and measure the biofertilizers market. This market has been segmented on the basis of type, crop type, microorganism, mode of application, form, and region, which has been further segmented into North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). • The report also aims at providing detailed information regarding the crucial factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) and to analyze opportunities in the market for stakeholders and details of the competitive landscape for market leaders. For the purpose of the study, 2015 is considered as the base year, and 2016 and 2022 are considered as the estimated and the projected years, respectively. • The demand for biofertilizers is completely dependent on the growth of the fertilizer industry. Furthermore, the shrinking arable land, adoption of new technology, and the increasing willingness of farmers to spend more for higher productivity are some important factors that contribute to the increasing demand for biofertilizers. The shortage in the supply of agricultural products in the last five years has resulted in an increase in their prices, and subsequently led to the increase in agricultural production. As a result, the demand for fertilizers has increased, which is expected to drive the demand for biofertilizers. • The biofertilizers market is driven primarily by the growth in the organic food industry and increase in awareness regarding the health hazards caused by the use of chemical fertilizers. Moreover, government agencies are promoting the use of biofertilizers, which has also driven the market growth, globally. • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=856

  4. Target audience: • Biofertilizer manufacturers • Biofertilizer importers and exporters • Biofertilizer traders, distributors, and suppliers • Government and research organizations • Associations and industry bodies such as Food and Agriculture Organization (FAO), International Fertilizer Industry Association (IFA), The Fertilizer Association of India (FAI), Organic Fertilizer Association of California (OFAC), and Association of American Plant Food Control Officials (AAPFCO) • Scope of the Report: • On the basis of Type, the biofertilizersmarket has been segmented as follows: • Nitrogen-fixing • Phosphate-solubilizing • Potash-mobilizing • Others (zinc-, boron-, and sulfur-solubilizing biofertilizers) • On the basis of Crop Type, the biofertilizersmarket has been segmented as follows: • Cereals & grains • Pulses & oilseeds • Fruits & vegetables • Others (turf & ornamentals, plantation crops, fiber crops, and silage & forage crops) • Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=856

  5. On the basis of Microorganism, the biofertilizersmarket has been segmented as follows: • Rhizobium • Azotobacter • Azospirillum • Cyanobacteria • Phosphate-solubilizing bacteria • Others (nostoc, anabaena, tolypothrix, aulosira, and azolla) • On the basis of Mode of Application, the biofertilizersmarket has been segmented as follows: • Seed treatment • Soil treatment • Others (set treatment, foliar treatment, root dipping, and seedling root treatment) • On the basis of form, the biofertilizersmarket has been segmented as follows: • Pure & mixed liquid fermentations • Dispersible granule • Pellet • Powder • On the basis of Region, the biofertilizersmarket has been segmented as follows: • North America • Europe • Asia-Pacific • Latin America • RoW

  6. Contact Us Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.comBlog @ http://www.marketsandmarketsblog.com/market-reports/agriculture-industry Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

  7. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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