Title: Biofertilizers market size to reach $1.66 billion by 2022.
1Bio fertilizers market size to reach 1.66
billion by 2022.
2Research report insights.
- Research Methodology
- Executive Summary
- Bio-fertilizers Industry Insights
- Bio-fertilizers Product Insights
- Bio-fertilizers Application Insights
- Bio-fertilizers Regional Insights
- Competitive Insights
3 Global Market Scenario of Bio-Fertilizers
Industry
- Biofertilizers market size is likely to be valued
at USD 1.66 billion by 2022 as per a new
research report by Global Market Insights, Inc. - Regulatory framework implementation by EPA and EU
against nitrogen loss in underground water by
using synthetic fertilizers is anticipated to
drive biofertilizers market size. - Shift towards adopting renewable products, by
periodically phasing out synthetic, toxic
products and reducing carbon footprints are
likely to drive demand. - Cost issues and an established market for
conventional fertilizers as a result of booming
crude oil natural gas industry may hamper
biofertilizers market growth. - Nitrogen fixing products dominated overall
consumption and accounted for over 75 of the
overall biofertilizers market share in 2014.
4Continue.....
- Shift of consumer preference towards organic
food consumption owing to health - benefits over inorganic foods is likely to
drive market. - Increasing need for high per-hectare yield
- in limited arable land to meet crop
consumption of growing population is anticipated
to - drive demand.
- Rising need to increase intake of compounds
which includes chlorophyll and nucleic - acids in plants is likely to drive demand.
Phosphate solubilizing products are the second - largest segment, likely to witness gains at an
estimated CAGR of 13.9 up to 2022.
5 Spain bio fertilizers market size, by
product, 2012-2022 (USD Million)
6360 Analysis
Application Analysis- Soil treatment
applications are likely to witness significant
gains of over 12.5 up to 2022. They are used in
soil treatment for improving fertility and
increase crop yield per hectare. Increase need to
develop fertile land for improve crop cultivation
in countries such as India, Brazil, China, U.S.
and Italy is anticipated to drive growth.
Regional Analysis- North America was the
leading region and accounted for over 30 of the
global revenue share in 2014. Positive
agriculture industry outlook in the U.S. and
Canada along with increasing awareness towards
the application of eco-friendly products in
farming is drive biofertilizers market share in
North America. Competitive Market Share- The
global biofertilizers market share is
non-consolidated with presence of regional
manufacturers. Novozymes A/S and CBF China
Biofertilizers AG are the leading companies
exporting their products to Europe and North
America.
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