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 biofertilizers market.
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.
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