Bio-Fertilizers Market, By Type (Nitrogen Fixing, Phosphate Solubilizing, Potash Mobilizing), Application (Seed, Soil), Crop Type (Fruits & Vegetables, Cereals & Grains, Pulses), Microorganism (Azotobacter, Azospirillium & Others) - Global Market Trends & Forecasts, 2023 to 2030

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Status: Syndicate

Categories: Information & Communication Technology

Report Code : ICT23

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The bio-fertilizer market is anticipated to reach 3.9 billion by 2023 growing at a CAGR% of 11.6% from 2023-2030. The increasing awareness about maintaining the soil fertility and adopting environmentally friendly techniques is major factor behind the bio-fertilizers market growth. There are many benefits associated with bio-fertilizers such as less soil and water contamination, better endurance with seeds and soil, increasing the range of nutrient absorption in soil, etc.

Soil fertility management techniques have received certain importance due to rising demand of the food and the loss of arable land globally. Severe health impacts as well as contamination of soil, water, and air has been observed due to the use of synthetic or chemical fertilizers. Such hazardous impacts of the synthetic fertilizers and growing demand for food boosts the market growth of bio-fertilizers.

Cyanobacteria is the most popular segment in terms of microorganisms, which accounted for the largest market share in 2017. Cyanobacterial bio-fertilizer harnesses the basic natural inputs such as nitrogen, water and solar energy for ensuring as well as enhancing soil fertility and plant growth. Phosphate soluble bacteria is expected to witness the fastest growth during the forecast period due to its increasing demand for increasing the P₂O₅ content in soil. By the crop type, cereals and grains was observed as the leading segment as it constitutes the basic food elements for the human beings.

In terms of form of bio-fertilizers, the liquid formulations consisting of the desired micro form of nutrients, organisms, etc which promotes the formation of resting spores, was the largest market segment in 2017. Liquid bio-fertilizers usually are very forbearing to UV radiations and high temperature. They have a shelf life of approximately two years, applied using the fertigation tanks, hand sprays, etc. The liquid bio-fertilizer is projected to witness the highest growth rate over the forecast period due to high enzymatic activity and high acceptance rate amongst consumers.

North America was the largest market for bio-fertilizers in 2017. The growing awareness of the consumer regarding the harmful health impacts caused due to chemical fertilizers and growing culture of organic farming are driving the market growth in the region. Banning of certain chemicals such as glyphosate, atrazine, chlorpyrifos, 2,4-D, etc has stimulated the requirement of bio-fertilizers in the region. Asia Pacific is too adopting the environmentally friendly techniques of farming. But due to less knowledge and awareness as well as availability of low cost of chemical fertilizers limits the usage of bio-fertilizers in many countries of Asia Pacific.

The companies across the globe are spending extensively on R&D for providing their customers with the more and more beneficial bio-fertilizers. Some of the leading manufacturing companies includes Biomax, Camson Bio Technologies Limited, Gujarat State Fertilizers & Chemicals Ltd, Lallemand Inc, Madras Fertilizers Limited, Novozymes A/S, National Fertilizers Limited , Nutramax Laboratories, In, Rizobacter Argentina S.A., Rashtriya Chemicals & Fertilizers Ltd., T.Stanes & Company Limited, Agri Life, CBF China Bio-Fertilizer AG, Kiwa Bio-Tech Products Group Corporation, Krishak Bharati Cooperative & Others

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Table of Contents

Introduction
- Goal & Objective
- Report Coverage
- Supply Side Data Modelling & Methodology
- Demand Side Data Modelling & Methodology
Executive Summary

Market Outlook
- Introduction
- Current & Future Outlook
- DROC
  - Drivers
    - Increasing cost of chemical fertilizers and pesticides
    - Growing awareness and shift towards organic food
    - High losses due to pest attacks
  - Restraints
    - Fluctuating raw materials cost
    - Low awareness and low adoption rate
  - Opportunities
    - New Target Markets- Latin America
  - Challenges
- Market Entry Matrix
- Market Opportunity Analysis
- Market Regulations
- Pricing Mix
- Key Customers
- Value Chain & Ecosystem
Demand Market Analysis
- Bio-Fertilizers Market, By Type
  - Nitrogen Fixing
    - Market Size & Forecasts, 2023-2030
    - Azotobacter
    - Rhizobium
    - Azospirillum
    - Others
  - Phosphate Solubilizing
    - Market Size & Forecasts, 2023-2030
  - Potash Mobilizing
    - Market Size & Forecasts, 2023-2030
  - Others
    - Market Size & Forecasts, 2023-2030

Bio-Fertilizers Market, By Crop Type
- Fruits and Vegetables
  - Market Size & Forecasts, 2023-2030
- Cereals & Grains
  - Market Size & Forecasts, 2023-2030
- Pulses & Oilseeds
  - Market Size & Forecasts, 2023-2030
- Turfs & Ornamental Grass
  - Market Size & Forecasts, 2023-2030
- Others
  - Market Size & Forecasts, 2023-2030

Bio-Fertilizers Market, By Micro-Organism
- Introduction
- Azotobacter
  - Market Size & Forecasts, 2023-2030
- Rhizobium
  - Market Size & Forecasts, 2023-2030
- Azospirillum
  - Market Size & Forecasts, 2023-2030
- Phosphate-Soluble Bacteria
  - Market Size & Forecasts, 2023-2030
- Cyanbacteria
  - Market Size & Forecasts, 2023-2030
- Blue-Green Algae
  - Market Size & Forecasts, 2023-2030
- Others
  - Market Size & Forecasts, 2023-2030
    - Zucchini yellow mosaic virus
    - Ragwort
    - Others

Bio-Fertilizers Market, By Formulation
- Introduction
- Liquid Formulation
  - Market Size & Forecasts, 2023-2030
- Dispersible Granules
  - Market Size & Forecasts, 2023-2030
- Pallets
  - Market Size & Forecasts, 2023-2030
- Powder
  - Market Size & Forecasts, 2023-2030

Bio-Fertilizers Market, By Mode of Application
- Introduction
- Seed Treatment
  - Market Size By Region, 2023-2030
- Soil Treatment
  - Market Size By Region, 2023-2030
- Others
  - Market Size By Region, 2023-2030

Bio-Fertilizers Market Analysis, By Region
- North America
  - North America Market Size, By Country 2023-2030
  - North America Market Size, By Product 2023-2030
  - North America Market Size, By Crop Type 2023-2030
  - North America Market Size, By Application 2018-20223
    - S.
      - S. Market Size, By Product 2023-2030
      - S. Market Size, By Crop Type 2023-2030
      - S. Market Size, By Application 2023-2030
    - Canada
      - Canada Market Size, By Product 2023-2030
      - Canada Market Size, By Crop Type 2023-2030
      - Canada Market Size, By Application 2023-2030
    - Mexico
      - Mexico Market Size, By Product 2023-2030
      - Mexico Market Size, By Crop Type 2023-2030
      - Mexico Market Size, By Application 2023-2030
    - Europe
      - Europe Market Size, By Country 2023-2030
      - Europe Market Size, By Product 2023-2030
      - Europe Market Size, By Crop Type 2023-2030
      - Europe Market Size, By Application 2018-20223
        
        Germany
        
        Germany Market Size, By Product 2023-2030
        
        Germany Market Size, By Crop type 2023-2030
        
        Germany Market Size, By Application 2023-2030
        
        Italy
        
        Italy Market Size, By Product 2023-2030
        
        Italy Market Size, By Crop Type 2023-2030
        
        Italy Market Size, By Application 2023-2030
        
        France
        
        France Market Size, By Product 2023-2030
        
        France Market Size, By Crop Type 2023-2030
        
        France Market Size, By Application 2023-2030
        
        UK
        
        UK Market Size, By Product 2023-2030
        
        UK Market Size, By Crop Type 2023-2030
        
        UK Market Size, By Application 2023-2030
        
        Rest of Europe
        
        Rest Of Europe Market Size, By Product Type 2023-2030
        
        Rest Of Europe Market Size, By Crop Type 2023-2030
        
        Rest Of Europe Market Size, By Application 2023-2030
        
        Asia-Pacific
        
        Asia-Pacific Market Size, By Country 2023-2030
        
        Asia-Pacific Market Size, By Product 2023-2030
        
        Asia-Pacific Market Size, By Crop Type 2023-2030
        
        Asia-Pacific Market Size, By Application 2023-2030
        
        China
        
        China Market Size, By Product 2023-2030
        
        China Market Size, By Crop Type 2023-2030
        
        Asia-Pacific Market Size, By Application 2018-20223
        
        India
        
        India Market Size, By Product 2023-2030
        
        India Market Size, By Crop Type 2023-2030
        
        India Market Size, By Application 2023-2030
        
        Japan
        
        Japan Market Size, By Product 2023-2030
        
        Japan Market Size, By Crop Type 2023-2030
        
        Japan Market Size, By Application 2023-2030
        
        Australia
        
        Australia Market Size, By Product 2023-2030
        
        Australia Market Size, By Crop Type 2023-2030
        
        Australia Market Size, By Application 2023-2030
        
        Rest of APAC
        
        Rest of APAC Market Size, By Product 2023-2030
        
        Rest of APAC Market Size, By Crop Type 2023-2030
        
        Rest of APAC Market Size, By Application 2018-20223
        
        Middle East & Africa
        
        Middle East & Africa Market Size, By Country 2023-2030
        
        Middle East & Africa Market Size, By Product 2023-2030
        
        Middle East & Africa Market Size, By Crop Type 2023-2030
        
        Middle East & Africa Market Size, By Application 2023-2030
        
        Saudi Arabia
        
        Saudi Arabia Market Size, By Product 2023-2030
        
        Saudi Arabia Market Size, By Crop Type 2023-2030
        
        Saudi Arabia Market Size, By Application 2023-2030
        
        UAE
        
        UAE Market Size, By Product 2023-2030
        
        UAE Market Size, By Crop Type 2023-2030
        
        UAE Market Size, By Application 2023-2030
        
        Rest of Middle East & Africa
        
        Rest of Middle East & Africa Market Size, By Product 2023-2030
        
        Rest of Middle East & Africa Market Size, By Crop Type 2023-2030
        
        Rest of Middle East & Africa Market Size, By Application 2023-2030

South America
- South America Market Size, By Country 2023-2030
- South America Market Size, By Product 2023-2030
- South America Market Size, By Crop Type 2023-2030
- South America Market Size, By Application 2023-2030
  - Brazil
    - Brazil Market Size, By Product 2023-2030
    - Brazil Market Size, By Crop Type 2023-2030
    - Brazil Market Size, By Application 2023-2030
  - Argentina
    - Argentina Market Size, By Product 2023-2030
    - Argentina Market Size, By Crop Type 2023-2030
    - Argentina Market Size, By Application 2023-2030
  - Rest of South America
    - Rest of South America Market Size, By Product 2023-2030
    - Rest of South America Market Size, By Crop Type 2023-2030
    - Rest of South America Market Size, By Application 2023-2030

Supply Market Analysis
- Strategic Benchmarking
- Market Share Analysis
- Key Players
  - Biomax
  - Camson Bio Technologies Limited
  - Gujarat State Fertilizers & Chemicals Ltd
  - Lallemand Inc
  - Madras Fertilizers Limited
  - Novozymes A/S
  - National Fertilizers Limited
  - Nutramax Laboratories, In
  - Rizobacter Argentina S.A.
  - Rashtriya Chemicals & Fertilizers Ltd.
  - Stanes & Company Limited
  - Agri Life
  - CBF China Bio-Fertilizer AG
  - Kiwa Bio-Tech Products Group Corporation
  - Krishak Bharati Cooperative & Others

A detailed comprehensive approach has been used while estimating the market. The market research estimation is preceded by market sizing and forecasting. The research starts with the collection of data i.e. secondary research (free databases, paid databases, company websites, trade data, production data, and journals, )and primary (expert interviews). A lot of primary interviews have been conducted with key vendors and leading players in the market. Spanning the entire value chain of an industry, the information has been collected right from the raw material supplier to the end users.

The markets have been analyzed demand side and supply side in order to generate the market data and forecast. The reports are delivered by expert analysts and market researchers that help clients in understanding the complete intricacies and nuances of demand side and supply markets. Various secondary sources, databases, directories such as Factiva, Hoovers, Bloomberg Businessweek, and OneSource are being used to analyze the market. Through secondary research, crucial information such major types, application, end-users, key companies, production, consumption, export, import, major developments, merger, acquisitions, cost, pricing information, new product development, value chain, supply chain, revenues, market share analysis, growth rates, key regions, drivers, restraints, opportunities, future prospects.

Expert interviews are being conducted with the primary respondents i.e. key market players, C-level, D-level executives of the key companies, subject matter experts (SMEs) to acquire and validate crucial quantitative and qualitative information, and future market prospects.

Research Approach

The top down and bottom up approaches, market modeling according to the topic, are some of the approaches undertaken. Once the data is collected, the findings are verified by in-house leading domain experts.

Supply side market is estimated by considering various factors such as capacity, cost margin, profit margin, disruptive technologies, policies, competition and government regulation. Demand side market is analyzed by considering various customer expectation, end use trends, price, regional demands and trends, macro-economic factors and micro economic factors.

Key Data from Secondary Sources

Coronavirus Disease 2019 (Covid-19) Impact Will Have A Severe Impact On Asia Growth
Covid-19 Impact: Asia GDP Growth, 2023, 2024 And 2025 Projections
Export, Import Data
Production Data
Revenues
World Economic Outlook Projections
Market Top Trends
Technological Innovations
Competition Analysis
Porter's Five Forces Analysis
Suppliers,

Key Data From Primary Sources

Validation of Asia production, consumption numbers
Insights on market dynamics, i.e. the drivers, restraints, and opportunities of the Bio-Fertilizers market
Validation of the market segmentation done by product type, by technology and by geography
Average retail prices of various product types and in the various countries
Estimates and forecasts, in terms of volumes and revenues
Key playing fields and winning-edge imperatives
Competitive landscapes; key players in the market; strategic directives, and operational strengths
Market size and forecast for key regions, countries in America, Asia-Pacific, Europe, and Rest of the World?
Trends, market insights, and dynamics of surfactant market
Supply chain references
Future market estimations and expected growth rates

Report Code

ICT23

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Bio-Fertilizers Market, By Type (Nitrogen Fixing, Phosphate Solubilizing, Potash Mobilizing), Application (Seed, Soil), Crop Type (Fruits & Vegetables, Cereals & Grains, Pulses), Microorganism (Azotobacter, Azospirillium & Others) - Global Market Trends & Forecasts, 2023 to 2030

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Bio-Fertilizers Market, By Type (Nitrogen Fixing, Phosphate Solubilizing, Potash Mobilizing), Application (Seed, Soil), Crop Type (Fruits & Vegetables, Cereals & Grains, Pulses), Microorganism (Azotobacter, Azospirillium & Others) - Global Market Trends & Forecasts, 2023 to 2030

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