- mail us help@24marketresearch.com
- Int'l 1(332) 2424 294 (Int'l)
TOP CATEGORY: Chemicals & Materials | Life Sciences | Banking & Finance | ICT Media
The global Bio-fertilizers market was valued at US$ 2591.9 million in 2022 and is projected to reach US$ 3243.1 million by 2030, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Biofertilizer are the substances which make use of microorganisms to fertile the soil. These fertilizers are not harmful to crops or other plants like the chemical fertilizers. They are actually taken from the animal wastes along with the microbial mixtures. Microorganisms are used to increase the level of nutrients in the plants. They let the plants grow in a healthy environment. They are also environment friendly and do not cause the pollution of any sort. Use of biofertilizers in the soil, makes the plants healthy as well as protect them from getting any diseases.
This report aims to provide a comprehensive presentation of the global market for Bio-fertilizers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-fertilizers. This report contains market size and forecasts of Bio-fertilizers in global, including the following market information:
Biofertilizer has a low concentration. The top five companies account for more than 12% of market share. Novozymes, Agri Life, Symborg, xi'an Delong Bio-industry and Maboshi are the tycoons of Biofertilizer. Novozymes is the largest manufacturer, with the market share of about 4%.
China is the largest consumption region, with a consumption market share nearly 30%. Following China, USA is the second largest consumption area with the consumption market share of about 26%.
In terms of application, biofertilizer can be applied in cereals & grains, pulses & oilseeds, fruits & vegetables and other. Pulses & oilseeds accounted for the largest market with about 45% of the global consumption for biofertilizer.
We surveyed the Bio-fertilizers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bio-fertilizers Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Bio-fertilizers Market Segment Percentages, by Type, 2022 (%)
Global Bio-fertilizers Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Bio-fertilizers Market Segment Percentages, by Application, 2022 (%)
Global Bio-fertilizers Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Bio-fertilizers Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bio-fertilizers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bio-fertilizers revenues share in global market, 2022 (%)
Key companies Bio-fertilizers sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Bio-fertilizers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: