2017 Global Biofertilizers Market Split by Product Types, with Sales, Revenue, Price, Market Share Analysis During the Forecast Year to reach $3.92 billion by 2023 with a CAGR of 15.7%

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The Global Biofertilizers Market is expected to grow from $1.41 billion in 2016 to reach $3.92 billion by 2023 with a CAGR of 15.7%. High cost of chemical fertilizers & pesticides, expanding organic food industry, support from government agencies and hazards of chemical fertilizers are some of the factors boosting the market growth. However, the factors like lack of infrastructure and technological & environmental related issues are limiting the market. Increasing demand for biofertilizers will provide a significant growth opportunity for the market in emerging countries such as China, Japan, India, Argentina and Brazil.

On the basis of crop type, cereals & grains segment is expected to acquire largest market share due to growing usage of biofertilizers by the farmers instead of chemical fertilizers in order to grow cereal & grain. North America region is predicted to occupy highest market share owing to imposition of bans on harmful chemicals used as inputs in agriculture.

Some of the key players in Global Biofertilizers Market include Madras Fertilizers Limited, National Fertilizers Limited, Lallemand Inc., Camson Bio Technologies Limited, Rizobacter Argentina S.A., Gujarat State Fertilizers & Chemicals Ltd., Rashtriya Chemicals & Fertilizers Ltd., T.Stanes & Company Limited., Biomax, Growing Power Hairy Hill, Labiofam Grupo Empreserial, Mapleton Agri Biotech Private Ltd, Novozymes A/S, Nutramax Laboratories, Inc. and Symborg S.L.

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Applications Covered:
Soil Treatment
Seed Treatment
Other Applications

Crop Types Covered:
Pulses & Oilseeds
Fruits & Vegetables
Cereals & Grains
Other Crops Types

Products Covered:
Phosphate-Solubilising
Potash-Mobilizing
Nitrogen-Fixing
Other Products

Forms Covered:
Dispersible Granules
Pellets
Pure & Mixed Liquid Fermentations
Powders

Microorganisms Covered:
Rhizobium
Cyanobacteria
Azotobacter
Phosphate-Solubilizing Bacteria
Azospirillium
Other microorganisms

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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What our report offers:
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Market share analysis of the top industry players
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