Biofertilizers Market Size Growth - By Type (Fixed Wing, Rotary Wing), By Component, By Farming Environment, By Application, Competitive Strategies and By Region: Statistics Reports, Supply & Demand Analysis, Global Opportunity 2024-2030

Report ID: GIH 1021  |  Aug 2024  |  Format:

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Global Market Synopsis, Forecast, Trend, and Growth Up To 2030

Biofertilizers Market size was valued at US$ 1.84 Bn in 2023, registering a CAGR of 13.8% during the forecast period (2024-2030), and the market is projected to be worth US$ 3,988.5 Mn by 2030.

The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Market Updates, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprint by Global Industry Hub.

Biofertilizers Market Scope:

  • A basic overview of the competitive landscape
  • A detailed breakdown of the regional market
  • A brief overview of market segmentation
Report CoverageDetails
Base Year2023
Base Year ValueUS$ 1.84 Bn
Forecast ValueUS$ 3,988.5 Mn
CAGRCAGR of 13.8%
Forecast Period2024-2030
Historical Data2019-2022
Largest MarketNorth America
Fastest Growing MarketEurope

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Key Players: 

  • CBF China Bio-Fertilizer AG
  • Novozymes A/S
  • AgriLife
  • Mapleton Agri Biotec
  • Biomax
  • Rizobacter Argentina SA
  • Symborg S.L
  • National Fertilizers Ltd.
  • Antibiotice S.A
  • Lallemand Inc.
  • Labiofam SA
  • Sigma Agri-Science, LLC
  • Agrinos Inc
  • Fertilizers USA LLC
  • Kiwa Bio-Tech Products Group Corporation

Scope of the Report:

The Biofertilizers market is divided based on product, end user, application, and region. Each category has various sub-segments, and current trends in each segment help producers target specific customers effectively.

Important Features of the Report:

  • Detailed analysis of the Biofertilizers market
  • Fluctuating market dynamics
  • Historical, current, and projected market size
  • Recent industry trends
  • Competitive landscape
  • Strategies of key players
  • Potential growth segments/regions
  • A neutral perspective on market performance 

 Our Sample Report Includes:

  • Introduction, overview, and in-depth industry analysis updated for 2030.
  • A research report spanning over 150+ pages, including updated research.
  • Updated regional analysis for 2024 with the graphical representation of size, share, and trends.
  • An updated list of tables and figures.
  • Top market players with their business strategy, sales volume, and revenue analysis.

Reasons for buying this report:

  • Make informed decisions with analytical data
  • Understand key product segments
  • Identify market dynamics like drivers, restraints, trends, and opportunities
  • Analyze regional markets and stakeholder profiles
Global Industry Hub

Market segmentation -

  • Product Categories Outlook 

    • Nitrogen Fixing

    • Phosphate Solubilizing

    • Others

  • Application 

    • Seed Treatment

    • Soil Treatment

  • Crop Type 

    • Cereals & Grains

    • Oilseeds & Pulses

    • Fruits & Vegetables

    • Others

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

      • Italy

      • France

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

      • Brazil

      • Argentina

    • Middle East & Africa

 

Key players in the industry are adopting growth strategies like partnerships, collaborations, mergers and acquisitions, and awareness programs to strengthen their market presence. The report also lists industry players for end users, facilitating communication between manufacturers and consumers.

Recent Market Updates:

  • In May 2024Fresh Del Monte formed a partnership to produce biofertilizers using fruit residues. The new biofertilizer plant is strategically located near Fresh Del Monte’s subsidiary in Kenya, Del Monte Kenya Ltd. The plant will utilize residues from the company’s pineapple cannery to create a variety of biofertilizers for internal use and potential sale to other growers in Kenya and East African countries.

  • In August 2023Bionema launched a new range of biofertilizer products in the UK. These products are encapsulated in a novel Incapsulex technology platform and are intended for use in agriculture, horticulture, forestry, sport turf, and amenities. This technology effectively encapsulates naturally derived microorganisms and delivers them to the target safely and effectively.

Regional Analysis for Biofertilizers Market:

  • North America(the United States, Canada, and Mexico)
  • Europe(Germany, France, UK, Russia, and Italy)
  • Asia-Pacific(China, Japan, Korea, India, and Southeast Asia)
  • South America(Brazil, Argentina, Colombia, etc.)
  • The Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) 

The Research Provides Answers to the Following Key Questions:

  1. What is the expected growth rate of the Biofertilizers market from 2024 to 2030?
  2. What are the major driving forces shaping the industry?
  3. Who are the major vendors dominating the market, and what are their winning strategies?
  4. What trends can business owners expect in the coming years?
  5. What threats and challenges might hinder industry progress?
  6. What opportunities can business owners capitalize on from 2024 to 2030?
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Report Insights
  • Base Year: 2023
  • Companies covered: 45
  • Countries covered: 36
  • Tables & Figures: 260
  • Pages: 150

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Global Industry Hub
Biofertilizers Market Share & Forecast, 2024 - 2030

 31 Aug 2024 This Report Contains the Latest Market Numbers, Statistics & Data Aavailable