A recent report published by
Infinium Global Research on biofertilizers market provides in-depth analysis of
segments and sub-segments in global as well as regional markets of
biofertilizers market. The study also highlights the impact of drivers,
restraints and macro indicators on the global and regional markets of
biofertilizers over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
biofertilizers market. According to the report the global biofertilizers market is
projected to grow at a CAGR of 13.5% over the forecast period of 2018 - 2024.
Figure 1: Global Biofertilizers Market by Value 2016 - 2024
The report on global
biofertilizers market covers segments such as a microorganism, crop type,
product, and application. The microorganism segments include azospirillium,
azotobacter, rhizobium, phosphate-solubilizing bacteria, cyanobacteria, and
others. On the basis of crop type, the global biofertilizers market is
categorized into cereals & grains, fruits & vegetables, pulses &
oilseeds, and others. Furthermore, on the basis of product, the biofertilizers
market is segmented as nitrogen fixing, phosphate solubilizing, and others. On
the basis of application, the biofertilizers market is segmented as a seed
treatment, soil treatment, and others.
The report provides regional an analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section, the key trends and market size for each
geography are provided over the period of 2016 – 2024.
Figure 2: Global Biofertilizers Market by Region, CAGR %, 2018-2024
The countries covered in the
North America region include the U.S., Canada, and Mexico; while Asia-Pacific
includes China, Japan, India, South Korea, Malaysia, and among others.
Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the
European region. The U.S. drives the growth in the North America region as it
is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets
such as India and China. The APAC region is projected to experience growth at
a CAGR of x.x% over the period of 2018 - 2024.
The report provides profiles of
the companies in the global biofertilizers market such as National Fertilizers
Ltd, Antibiotice S.A., Growing Power Hairy Hill, Lallemand Inc., Nutramax
Laboratories Inc, Labiofam Grupo Empreserial, AgriLife, Mapleton Agri Biotech
Private Ltd, Biomax, and Rizobacter Argentina S.A.
The report provides deep insights
on demand forecasts, market trends, and micro and macro indicators. In addition,
this report provides insights into the factors that are driving and restraining
the global biofertilizers market. Moreover, IGR-Growth Matrix analysis given in
the report brings an insight into the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter’s five forces analysis and DRO analysis of
Moreover, the study highlights current market
trends and provides forecast from 2018 to 2024. We also have highlighted future
trends in the biofertilizers market that will impact the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Additionally, the analysis highlights the rise and fall in the market shares of the
key players in the market. This report will help manufacturers, suppliers, and
distributors of the biofertilizers market to understand the present and future
trends in this market and formulate their strategies accordingly.