IMARC Group, a leading market research company, has recently releases report titled, “United States Biofertilizer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the United States biofertilizer market trends, share, size and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the United States biofertilizer market?

What is biofertilizer?

Biofertilizers refer to natural substances that consist of living microbes. These substances are obtained from biological waste. They aid in decomposing organic matter and mineralizing the soil by breaking down minerals that are complex and encouraging easy absorption by plants. Biofertilizers facilitate the growth of seeds and plants by supplying nitrogen (N), phosphorus (P), and other nutrients. They are applied to natural cultivation processes to promote soil development. In addition to this, biofertilizers offer direct nutrition to plants, improve overall soil fertility, prevent crop diseases, support sustainable agriculture, etc.

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What are the growth prospects and trends in the United States biofertilizer industry?

The growing consumer awareness towards several adverse environmental effects caused by synthetic fertilizers, such as soil pollution and contamination, is primarily augmenting the United States biofertilizer market. Furthermore, the rising utilization of these chemicals has also increased the nitrogen levels of underground water, which is propelling the demand for organic farming across the country. Apart from this, the launch of favorable pest management programs by government bodies is acting as another significant growth-inducing factor. Moreover, the inflating disposable income levels of individuals and continuous advancements in the agriculture industry are bolstering the market growth. Besides this, the inflating need for organic fruits and vegetables, on account of the increasing consumer health concerns, is further catalyzing the market growth. Additionally, the expanding arable land, the easy availability of these substances, and the widespread adoption of sustainable farming practices and organic agrochemicals by farmers to improve overall yield are expected to fuel the United States biofertilizer market in the coming years..

Competitive Landscape:

• The competitive landscape of the industry has also been examined along with the profiles of the key players.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

• Nitrogen-Fixing Biofertilizers
• Phosphate-Fixing Biofertilizers
• Others

Breakup by Crop:

• Cereals and Grains
• Pulses and Oilseeds
• Fruits and Vegetables
• Others

Breakup by Microorganism:

• Cyanobacter
• Rhizobium
• Phosphate Solubilizing Bacteria
• Azotobacter
• Others

Breakup by Mode of Application:

• Seed Treatment
• Soil Treatment
• Others

Breakup by Region:

• Northeast
• Midwest
• South
• West

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