Introduction
Bio-fertilizer is a constituent that contains active microorganisms, which helps in the growth of plant by growing the amount of nutrients to it. Surge in use of bio-fertilizers is anticipated to decrease the demand for chemical pesticides and fertilizers as they impede the strength of soil. Several growth opportunities from different sectors for bio-fertilizers are expected to offer high growth potential for this market in near future.
Market Dynamics
Increasing demand for organic food, enhancing soil fertility and rising environmental awareness are some of the factors driving growth of this market. However, factors such as lower adoption rate by farmers and lack of awareness are impeding growth of this market. Formulation of favorable government policies, penetration in countries having agriculture dominant economy and unmet demand for fertilizers would offer growth opportunities for bio-fertilizers market.
Market Classification
The market can be bifurcated on the basis of type, crop type, microorganism, application, form, and geography. By type, bio-fertilizers market can be segmented into nitrogen-fixing, potash-mobilizing, phosphate solubilizing, and others. By crop type, bio-fertilizers market can be segmented into cereals & grains, pulses & oilseeds, fruits & vegetables and others. By microorganism, bio-fertilizers market can be segmented into cyanobacteria, rhizobium, azotobacter, rhizobium, azospirillum, phosphate solubilizing bacteria and others. By application, bio-fertilizers market can be segmented into soil treatment, seed treatment, and others. By form, bio-fertilizers market can be segmented into dispersible granule, pure & mixed liquid fermentations, pellet and powder. On the basis of geography, the bio-fertilizers market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
Report Coverage
Market |
Bio-fertilizers Market |
Analysis Period |
2015 – 2026 |
Historic Data |
2015 – 2016 |
Base Year |
2017 |
Forecast Data |
2018 – 2026 |
Market Stratification |
Type, Crop Type, Microorganism, Application, Form, Geography |
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the major players involved in bio-fertilizers market include Agri Life, Antibiotice S.A., Ajay Bio-Tech Ltd, Biomax and others
Market Segmentation
Market By Type
Market By Crop Type
Market By Microorganism
Market By Application
Market By Form
Market By Geography