The Global
Biofertilizers Market is expected to reach USD 4 billion by 2027 due to rising awareness of organic farming among the farmers. Biofertilizers refers to a substance which contains living microorganism which when applied to plants, it provides necessary nutrients to help plant growth. Biofertilizers are usually applied to seeds, soil by colonizing the rhizosphere of the plant. The input of biofertilizers can significantly increase the productivity of crops.
Competitor Analysis
Key market players in Global Biofertilizers market are Agri Life, T Stanes& company, International Panacea ltd, Rizobacter Argentina, Mapleton Agribiotech, Madras Fertilizers Limited, Novozymes, LallemandInc, SOM Phytopharma, KanBiosys, Kiwa Biotech, and others.
Chemical fertilizers have been popular since the green revolution. But it has serious effects on the environment and the health of the consumers. Biofertilizers are a great alternative to chemical fertilizers, as they are not harmful to the environment.
The need for sustainable farming has created a demand for biofertilizers market globally. Moreover, government policies towards reducing chemical fertilizers and promoting organic farming are influencing the market trend. Increasing food productivity by enhancing nutritional value, reducing harmful residues inland and improving plant growth are the key drivers of the biofertilizers market.
The biofertilizers market is experiencing significant growth as the world moves toward sustainable agricultural practices. With increasing concerns about soil health, environmental sustainability, and food security, biofertilizers have emerged as an eco-friendly alternative to chemical fertilizers. These natural fertilizers utilize microorganisms to enhance soil fertility and promote plant growth.
The global biofertilizers market is expanding rapidly, driven by increasing awareness about organic farming and government initiatives promoting sustainable agriculture. The market is expected to witness substantial growth due to rising demand for organic food, environmental concerns related to chemical fertilizers, and advancements in microbial research.
ABOUT US
Market Research Universe (MRU) is a market research-driven business consulting, consumer & marketing strategy, and training center. Our revolutionary SaaS-based platform, MRUnavigator, is a unique and unmatched tool for real-time market trends, forecasts, market competition, growth, and opportunity tracking!
We are the world’s first dedicated Theme Research & Correlation Center focused on socio-economic development. We leverage comprehensive market research, cutting-edge data analysis, and expert training & knowledge sharing activities to deliver actionable insights. Our services are tailored for C-level executives, business decision-makers, research professionals, scholars, and the general public. MRU offers a diverse range of services, including market research and industry reports, survey data collection, data analysis, marketing and brand creation, social research, and training & learning opportunities.
Contact US :Market Research Universe
Call: (India) 9811025630 / 9871387806
Email Us:
[email protected]
English
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Greek
