Mycorrhizae Based Biofertilizers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented by Type (Ectomycorrhiza and Endomycorrhizae,), By Form (Liquid and Solid), By Mode of Application (Seed Treatment, Soil Treatment, and Fertilization Treatment),By Application (Agricultural and Non-agricultural), By Region and Competition

Abstract
Global Mycorrhizae Based Biofertilizers market is anticipated to witness impressive growth during the forecast period. This can be ascribed to the growing demand for the organic food industry in the developing region. Also, growing initiatives by government agencies and an increase in awareness about the need for sustainability in modern agriculture will further boost the growth of the market during the forecasted period. Similarly, the growing adoption of precision farming and protected agriculture is expected to create significant growth in the forecasted periods. Additionally, growing demand for reducing chemical fertilizers along with growing usage of biofertilizers in private ranch firms are expected to enhance the demand for global mycorrhizae-based biofertilizers over the years. Also, growing demand for increasing the production of crops due to the rapidly growing population across the globe along with growing environmental concerns for using chemical biofertilizers are the major factor fuelling the growth of the market over the years, Similarly, a growing number of major key players for the development of bio-based fertilizers for better crop productivity will enhance the demand for mycorrhizae based biofertilizers during the forecasted period.

Growing Demand for Organic Food
Growing demand for organic food for maintaining a healthy lifestyle can enhance the demand for mycorrhizae-based biofertilizers in the forecast period. Also, increasing demand for secure food and nourishment along with producing organic vegetables on a farm can reduce rural unemployment and poverty in the developing region. Novozymes produced a biofertilizer called as RhyzoMyco which will enhance the nutrient uptake in the crops like potatoes and cucumbers. Enhancing the production of organic fruits and vegetables is a preventive measure that will ensure good health and with environmental advantages thereby prompting the increased usage of mycorrhizae-based biofertilizers and boosting the growth of the market during the forecasted period. Also, the growing demand for adopting organic farming to reduce the increasing pollution in the soil can enhance the demand for mycorrhizae-based biofertilizers in the forecasted period. According to the study, Arbuscular mycorrhiza is a common symbiotic relationship between plant roots and specialized soil fungi, and it has good soil health and high crop yields which will help the agriculture sector as well as other industries. In 2020, the Government of India announced that every farmer has to buy bio fertilizers urea to promote organic nutrients and reduce the use of chemical fertilizers.

Growing Demand for Natural and Sustainable flavors

Chemical fertilizers are expensive, non-eco-friendly, and harmful to human health, and can cause eutrophication, and diminish the soil organic matter and microbe activity. So, the use of mycorrhizae-based biofertilizers is increased as it has organic compounds and is environment-friendly. Growing demand for soil quality by supplying nutrients and the natural environment in the rhizosphere can enhance the demand for the mycorrhizae-based biofertilizers market during the forecasted period. The microbes present in mycorrhizal biofertilizers such as ectomycorrhiza and endomycorrhiza species produce phosphorus and other beneficial nutrients in plants. It plays an important role in plant growth productivity and protection against biotic and abiotic stress which can produce an essential and effective product for organic and sustainable agriculture which will further boost the growth of the market during the forecasted period.
In April 2022, Premier Tech Ltd acquired US-based Northwoods Organics transaction would allow Premier Tech to strengthen its position in the United States by adding two peat bogs and a packaging plant for conditioning horticultural products.


Market Segmentation
Global Mycorrhizae Based Biofertilizers market can be segmented by type, form, mode of application, application, and by region. Based on types, the market can be divided into Ectomycorrhiza and Endomycorrhizae. Based on Form, the market can be divided into Liquid and Solid. Based on the Mode of Application, the market can be grouped into Seed Treatment, Soil Treatment, and Fertilization Treatment. Based on Application, the market can be segmented into Agricultural and Non-agricultural. Regionally, North America dominated the market among Asia Pacific, Europe, Middle East & Africa, and South America. Among the different countries, the United States dominated the global Mycorrhizae Based Biofertilizers market on account of the increasing demand for organic food in the country.

Recent Development
•May 2021, Rhizobacteria Argentina S.A announced Micro star BIO, a specialty fertilizer that is a mixture of chemical and biological fertilizers. This fertilizer shall enable farmers to cultivate profitable crops and boost the nutrient value of soil.
•In January 2021, Lallemand Inc. acquired Biotec BetaGlucans AS (BBG), a wholly-owned subsidiary of the ArticZymes Technologies ASA (AZT) company specialized in the development, production, and sales of high-purity beta-glucan products, from yeast cell walls.
Market Players
Novozymes A/S., Upl Limited., Premier Tech Ltd., Groundwork Bioag Ltd., Plant Health Care Plc., Valent BioSciences Corporation, Atens-Agrotechnologias Naturales S.L., Vegalab S.A., Lallemand Inc., Agrinos Inc., AgriLife Limited, are some of the leading players operating in the Global Mycorrhizae Based Biofertilizers Market.

Report Scope:
In this report, Global Mycorrhizae Based Biofertilizers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
•Mycorrhizae Based Biofertilizers Market, By Type:
oEctomycorrhizae
oEndo mycorrhizae
•Mycorrhizae Based Biofertilizers Market, By Form:
oLiquid
oSolid
•Mycorrhizae Based Biofertilizers Market, By Mode of Application:
oSeed Treatment
oSoil Treatment
oFertilization Treatment
•Mycorrhizae Based Biofertilizers Market, By Application:
oAgricultural
oNon-agricultural
•Mycorrhizae Based Biofertilizers Market, By Region:
oNorth America
United States
Canada
Mexico
oEurope
France
Germany
United Kingdom
Italy
Spain
oAsia Pacific
China
India
Japan
South Korea
Australia
oSouth America
Brazil
Argentina
Colombia
oMiddle East & Africa
South Africa
Saudi Arabia
UAE
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Mycorrhizae Based Biofertilizers Market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).

Content
Table of Contents

1.Product Overview
1.1.Market Definition
1.2.Scope of the Market
1.2.1.Markets Covered
1.2.2.Years Considered for Study
1.2.3.Key Market Segmentations
2.Research Methodology
2.1.Objective of the Study
2.2.Baseline Methodology
2.3.Key Industry Partners
2.4.Major Association and Secondary Sources
2.5.Forecasting Methodology
2.6.Data Triangulation & Validation
2.7.Assumptions and Limitations
3.Executive Summary
3.1.Overview of the Market
3.2.Overview of Key Market Segmentations
3.3.Overview of Key Market Players
3.4.Overview of Key Regions/Countries
3.5.Overview of Market Drivers, Challenges, Trends
4.Voice of Customer
5.Global Mycorrhizae-Based Biofertilizers Market Outlook
5.1.Market Size & Forecast
5.1.1.By Value
5.2.Market Share & Forecast
5.2.1.By Type (Ectomycorrhizae, Endomycorrhizae,)
5.2.2.By Form (Liquid v/s Solid)
5.2.3.By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)
5.2.4.By Application (Agricultural v/s Non-agricultural)
5.2.5.By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
5.2.6.By Company (2022)
5.3.Market Map
5.3.1 By Type
5.3.2 By Form
5.3.3 By Mode of Application
5.3.4 By Application
5.3.3 By Region
6.North America Mycorrhizae-Based Biofertilizers Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Type (Ectomycorrhizae, Endomycorrhizae,)
6.2.2.By Form (Liquid, Solid)
6.2.3.By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)
6.2.4.By Application (Agricultural, Non-agricultural)
6.2.5.By Country
6.3.North America: Country Analysis
6.3.1.United States Mycorrhizae-Based Biofertilizers Market Outlook
6.3.1.1.Market Size & Forecast
6.3.1.1.1.By Value
6.3.1.2.Market Share & Forecast
6.3.1.2.1.By Type
6.3.1.2.2.By Form
6.3.1.2.3.By Mode of Application
6.3.1.2.4.By Application
6.3.2.Canada Mycorrhizae-Based Biofertilizers Market Outlook
6.3.2.1.Market Size & Forecast
6.3.2.1.1.By Value
6.3.2.2.Market Share & Forecast
6.3.2.2.1.By Type
6.3.2.2.2.By Form
6.3.2.2.3.By Mode of Application
6.3.2.2.4.By Application
6.3.3.Mexico Mycorrhizae-Based Biofertilizers Market Outlook
6.3.3.1.Market Size & Forecast
6.3.3.1.1.By Value
6.3.3.2.Market Share & Forecast
6.3.3.2.1.By Type
6.3.3.2.2.By Form
6.3.3.2.3.By Mode of Application
6.3.3.2.4.By Application
7.Europe Mycorrhizae-Based Biofertilizers Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Type (Ectomycorrhizae, Endomycorrhizae,)
7.2.2.By Form (Liquid v/s Solid)
7.2.3.By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)
7.2.4.By Application (Agricultural v/s Non-agricultural)
7.2.5.By Country
7.3.Europe: Country Analysis
7.3.1.France Mycorrhizae-Based Biofertilizers Market Outlook
7.3.1.1.Market Size & Forecast
7.3.1.1.1.By Value
7.3.1.2.Market Share & Forecast
7.3.1.2.1.By Type
7.3.1.2.2.By Form
7.3.1.2.3.By Mode of Application
7.3.1.2.4.By Application
7.3.2.Germany Mycorrhizae Based Biofertilizers Market Outlook
7.3.2.1.Market Size & Forecast
7.3.2.1.1.By Value
7.3.2.2.Market Share & Forecast
7.3.2.2.1.By Type
7.3.2.2.2.By Form
7.3.2.2.3.By Mode of Application
7.3.2.2.4.By Application
7.3.3.United Kingdom Mycorrhizae Based Biofertilizers Market Outlook
7.3.3.1.Market Size & Forecast
7.3.3.1.1.By Value
7.3.3.2.Market Share & Forecast
7.3.3.2.1.By Type
7.3.3.2.2.By Form
7.3.3.2.3.By Mode of Application
7.3.3.2.4.By Application
7.3.4.Italy Mycorrhizae Based Biofertilizers Market Outlook
7.3.4.1.Market Size & Forecast
7.3.4.1.1.By Value
7.3.4.2.Market Share & Forecast
7.3.4.2.1.By Type
7.3.4.2.2.By Form
7.3.4.2.3.By Mode of Application
7.3.4.2.4.By Application
7.3.5.Spain Mycorrhizae Based Biofertilizers Market Outlook
7.3.5.1.Market Size & Forecast
7.3.5.1.1.By Value
7.3.5.2.Market Share & Forecast
7.3.5.2.1.By Type
7.3.5.2.2.By Form
7.3.5.2.3.By Mode of Application
7.3.5.2.4.By Application
8.Asia-Pacific Mycorrhizae Based Biofertilizers Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Type (Ectomycorrhizae, Endomycorrhizae,)
8.2.2.By Form (Liquid v/s Solid)
8.2.3.By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)
8.2.4.By Application (Agricultural v/s Non-agricultural)
8.2.5.By Country
8.3.Asia-Pacific: Country Analysis
8.3.1.China Mycorrhizae Based Biofertilizers Market Outlook
8.3.1.1.Market Size & Forecast
8.3.1.1.1.By Value
8.3.1.2.Market Share & Forecast
8.3.1.2.1.By Type
8.3.1.2.2.By Form
8.3.1.2.3.By Mode of Application
8.3.1.2.4.By Application
8.3.2.India Mycorrhizae Based Biofertilizers Market Outlook
8.3.2.1.Market Size & Forecast
8.3.2.1.1.By Value
8.3.2.2.Market Share & Forecast
8.3.2.2.1.By Type
8.3.2.2.2.By Form
8.3.2.2.3.By Mode of Application
8.3.2.2.4.By Application
8.3.3.Japan Mycorrhizae Based Biofertilizers Market Outlook
8.3.3.1.Market Size & Forecast
8.3.3.1.1.By Value
8.3.3.2.Market Share & Forecast
8.3.3.2.1.By Type
8.3.3.2.2.By Form
8.3.3.2.3.By Mode of Application
8.3.3.2.4.By Application
8.3.4.South Korea Mycorrhizae Based Biofertilizers Market Outlook
8.3.4.1.Market Size & Forecast
8.3.4.1.1.By Value
8.3.4.2.Market Share & Forecast
8.3.4.2.1.By Type
8.3.4.2.2.By Form
8.3.4.2.3.By Mode of Application
8.3.4.2.4.By Application
8.3.5.Australia Mycorrhizae Based Biofertilizers Market Outlook
8.3.5.1.Market Size & Forecast
8.3.5.1.1.By Value
8.3.5.2.Market Share & Forecast
8.3.5.2.1.By Type
8.3.5.2.2.By Form
8.3.5.2.3.By Mode of Application
8.3.5.2.4.By Application
9.South America Mycorrhizae Based Biofertilizers Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Type (Ectomycorrhizae, Endomycorrhizae,)
9.2.2.By Form (Liquid v/s Solid)
9.2.3.By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)
9.2.4.By Application (Agricultural v/s Non-agricultural)
9.2.5.By Country
9.3.South America: Country Analysis
9.3.1.Brazil Mycorrhizae Based Biofertilizers Market Outlook
9.3.1.1.Market Size & Forecast
9.3.1.1.1.By Value
9.3.1.2.Market Share & Forecast
9.3.1.2.1.By Type
9.3.1.2.2.By Form
9.3.1.2.3.By Mode of Application
9.3.1.2.4.By Application
9.3.2.Argentina Mycorrhizae Based Biofertilizers Market Outlook
9.3.2.1.Market Size & Forecast
9.3.2.1.1.By Value
9.3.2.2.Market Share & Forecast
9.3.2.2.1.By Type
9.3.2.2.2.By Form
9.3.2.2.3.By Mode of Application
9.3.2.2.4.By Application
9.3.3.Colombia Mycorrhizae Based Biofertilizers Market Outlook
9.3.3.1.Market Size & Forecast
9.3.3.1.1.By Value
9.3.3.2.Market Share & Forecast
9.3.3.2.1.By Type
9.3.3.2.2.By Form
9.3.3.2.3.By Mode of Application
9.3.3.2.4.By Application
10.Middle East and Africa Mycorrhizae Based Biofertilizers Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Type (Ectomycorrhizae, Endomycorrhizae,)
10.2.2.By Form (Liquid v/s Solid)
10.2.3.By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)
10.2.4.By Application (Agricultural v/s Non-agricultural)
10.2.5.By Country
10.3.MEA: Country Analysis
10.3.1.South Africa Mycorrhizae Based Biofertilizers Market Outlook
10.3.1.1.Market Size & Forecast
10.3.1.1.1.By Value
10.3.1.2.Market Share & Forecast
10.3.1.2.1.By Type
10.3.1.2.2.By Form
10.3.1.2.3.By Mode of Application
10.3.1.2.4.By Application
10.3.2.Saudi Arabia Mycorrhizae Based Biofertilizers Market Outlook
10.3.2.1.Market Size & Forecast
10.3.2.1.1.By Value
10.3.2.2.Market Share & Forecast
10.3.2.2.1.By Type
10.3.2.2.2.By Form
10.3.2.2.3.By Mode of Application
10.3.2.2.4.By Application
10.3.3.UAE Mycorrhizae Based Biofertilizers Market Outlook
10.3.3.1.Market Size & Forecast
10.3.3.1.1.By Value
10.3.3.2.Market Share & Forecast
10.3.3.2.1.By Type
10.3.3.2.2.By Form
10.3.3.2.3.By Mode of Application
10.3.3.2.4.By Application
11.Market Dynamics
11.1.Drivers
11.1.1 Growing demand for organic food.
11.1.2 Growing demand for sustainable food and flavors
11.2 Challenges
11.2.1 High product cost of mycorrhizae based biofertilizers
11.2.2 Lack of knowledge about organic farming
12.Market Trends & Developments
12.1.Recent Development
12.2.Mergers & Acquisitions
12.3.Product Launches
13.Global Mycorrhizae Based Biofertilizers Market: SWOT Analysis
14.Porter’s Five Forces Analysis
14.1.Competition in the Industry
14.2.Potential of New Entrants
14.3.Power of Suppliers
14.4.Power of Customers
14.5.Threat of Substitute Products
15.Competitive Landscape
15.1.Business Overview
15.2.Product Offerings
15.3.Recent Developments
15.4.Financials (As Reported)
15.5.Key Personnel
15.5.1.Novozymes A/S.
15.5.2.UPL Limited.
15.5.3.Premier Tech Ltd.
15.5.4.Groundwork Bioag Ltd.
15.5.5.Plant Health Care Plc.
15.5.6.Valent BioSciences Corporation
15.5.7.Atens-Agrotechnologias Naturales S.L.
15.5.8.Vegalab S.A.
15.5.9.Lallemand Inc.
15.5.10.Agrinos Inc.
15.5.11.Agrilife Limited
16.Strategic Recommendations