Global Bio-Fertilizer Market to Grow at a CAGR of 13.18% During 2016-2024

Posted on 2018-08-02 by Goldstein Research in Chemicals // 0 Comments

New York, USA, 2018-Aug-02 — /EPR Network/ —

According to Goldstein Research, the global bio-fertilizer market is expected to reach USD 3.4 billion by 2024 from USD 0.52 billion in 2016, growing at a CAGR of 13.18% over the forecast period 2016-2024. Increasing health concerns mainly in developing countries are shifting people’s interest towards consumption of organic foods are driving the growth of the global bio-fertilizer market.

Global bio-fertilizer market segmentation has been carried out on the basis of components, by technology and by end-user. Based on application, the seed treatment bio-fertilizer market was valued at USD 0.97 billion in 2016. However, the soil treatment bio-fertilizers market is projected to grow at a CAGR of 12% over the forecast period. The global bio-fertilizer market is majorly driven by North American, captured 30% market share in 2016. Increasing demand for organic food in developed countries such as the US and Canada will further boost the growth of Bio-fertilizers market in North America.

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Market Segmentation

On the basis of our in-depth analysis, Global Bio-Fertilizer Market can be segmented as follows:

Based on Bio-fertilizer Type

Nitrogen- Fixing Bio-fertilizers
Potash-Mobilizing Bio-fertilizers
Phosphate-Solubilizing Bio-fertilizers
Plant Growth Promoting Bio-fertilizers

Based on Crop Type

Fruits and Vegetables
Cereals and Grains
Oilseeds and Pulses
Other Crops ( Cash Crops, Fiber Crops, Forage Crops)

Based on Application

Soil Treatment
Seed Treatment

By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Bio-Fertilizer Market Analysis” contains the detailed overview of the global bio-fertilizer market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by components, by technology and by end-user.

Further, for the in-depth analysis, Bio-Fertilizer Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as Gujarat State Fertilizers & Chemicals Ltd., National Fertilizers Ltd., Novozymes, Lallemand Inc., Madras Fertilizers Limited (India), Camson Bio Technologies Private Limited, Nachurs Alpine Solutions, International Panaacea Limited, Krishak Bharti Co-operative Ltd (KRIBHCO), AZOMURES, Rizobacter Argentina S.A., International Panaacea Limited, EuroChem Agro GmbH, BioPower Lanka, Ajay Bio-Tech (India) Ltd, Agri Life, Antibiotice S.A., Biomax, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global bio-fertilizer market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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