Dublin, April 26, 2023 (GLOBE NEWSWIRE) -- The "Biofertilizers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Biofertilizers estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$5.5 Billion by 2030, growing at a CAGR of 10.4% over the analysis period 2022-2030.
Nitrogen Fixing, one of the segments analyzed in the report, is projected to record a 10.7% CAGR and reach US$4.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Phosphate Solubilizers segment is readjusted to a revised 9.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $737.5 Million, While China is Forecast to Grow at 9.4% CAGR
The Biofertilizers market in the U.S. is estimated at US$737.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$387.7 Million by the year 2030 trailing a CAGR of 9.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.5% CAGR.
Select Competitors (Total 56 Featured) -
- Agri Life
- Agrinos AS
- Ajay Bio-Tech (India) Ltd.
- China Bio-Fertilizer Group
- EuroChem Agro GmbH
- Gujarat State Fertilizers & Chemicals Limited
- Kan Biosys Pvt. Ltd.
- Kiwa Bio-Tech Products Group Corporation
- Lallemand Inc.
- Madras Fertilizers Limited
- Mapleton Agri Biotec Pty Ltd.
- National Fertilizer Ltd.
- Rizobacter Argentina S.A.
- Symborg
- Syngenta AG
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 425 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.5 Billion |
| Forecasted Market Value (USD) by 2030 | $5.5 Billion |
| Compound Annual Growth Rate | 10.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Biofertilizers: A Prelude
- Product Types of Biofertilizers
- Nitrogen Fixing Biofertilizer
- Phosphate Solubilizers
- Other Product Types
- Biofertilizers by Crop Type
- Cereals & Grains
- Pulses & Oilseeds
- Fruits & Vegetables
- Other Crop Types
- Key Applications of Biofertilizers
- Seed Treatment
- Soil Treatment
- Other Applications
- An Overview of the Global Biofertilizers Market
- Growth Drivers
- Regional Market Analysis
- Developed Regions Remain Primary Revenue Contributors and Hot Spots for Future Growth
- World Biofertilizers Market: Percentage Breakdown of Sales for Developed and Developing Regions for the Years 2019 & 2025
- World Biofertilizers Market: Geographic Regions Ranked by CAGR (Sales) for 2018-2025
- Rice Farmers in China Embrace Biofertilizers to Improve Crop Quality and Yield: A Case in Point
- Nitrogen Fixing Biofertilizers: Rising Demand for Improving Soil Fertility to Propel Growth
- Biofertilizers Facilitating High Yield Production of Cereal and Grain Crops
- Seed Treatment Constitutes the Largest Application Market
- Biofertilizers - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Pressing Need to Improve Sustainability Quotient of Agriculture Fuels Biofertilizer Demand
- Harmful Impacts of Using Chemical Fertilizers Propels Growth
- Rising Focus on Sustainable Agriculture Drives Demand for Biofertilizers
- Shrinking Arable Land Drives Demand for Biofertilizers
- Loss of Arable Land Exerts Immense Pressure on Yields Per Acre: Global Availability of Arable Land in Hectares Per Person for the Years 1990, 2000, 2018 and 2020
- Arable Land Worldwide as a % of Total Land Area for the Years 1990, 2000, 2018 and 2020
- Emergence of Mega Farms Augments Importance of Biofertilizers
- Farm Size Distribution Worldwide: Percentage Breakdown of Farm Land by Size and Region
- Balooning Global Population Drives Need for Food Security Leading to Growing Consumption of Biofertilizers
- World Population by Geographic Region (2018-2050) (in Thousands)
- Food Demand Worldwide: Demand Growth in Million Tonnes by Food Type for the Period 2008-2017 and 2018-2027
- Global Crop Production by Crop Type (in Million Metric Tons): 2017-2020
- Expanding Urban Population
- World Urban Population in Thousands: 1950-2050P
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050
- Biofertilizers Allow Agriculture Industry to Gear Up and Deal with Future Challenges
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Increasing Organic Farming: A Major Growth Promoting Factor for Biofertilizers
- Global Organic Agricultural Land in Million Hectares for the Years 2010, 2012, 2014, 2016 and 2018
- Demand for Biofertilizers for Organic Farming on the Rise in North America and Europe
- Emerging Opportunities in Organic Farming in Asia-Pacific
- Biofertlizers Complement Organic Fertilizers in Organic Farming Methods
- Global Organic Fertilizers Market Revenues in US$ Billion for the Years 2019 and 2025
- Unprecedented Demand for Organic Food Augments Growth of Biofertilizer Market
- Global Food & Beverages Market in US$ Trillion for the Years 2018, 2020 & 2022
- Global Demand for Organic Food Products (in US$ Billion): 2015-2025
- Abundant Opportunities in Growing Organic Food Market
- Global Agricultural Land Under Organic Farming (in Hectares and % Share): 2000-2017
- Global Percentage Distribution of Organic Farmland by Region: 2017
- Increasing Production of Horticulture Crops Offer Strong Growth Opportunities for Biofertilizers
- Global Vegetable and Fresh Fruit Production Volume in Million Metric Tons for the Period 2010-2017
- Global Vegetable Production Share (in %) by Top Vegetables for 2019
- Biofertilizers Help Improve Production and Yield of Pulse Crops
- Global Pulses Production Volume in Million Metric Tons for the Period 2010-2017
- Increasing Use of Soybean as Feed Drives Biofertilizer Consumption
- Participants Make Concerted Efforts to Improve Shelf-Life of Biofertilizers
- Potential Challenges Restricting Growth of Biofertilizers Market
- Factors Impeding Broader Adoption of Biofertilizers
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/g96l76
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
