
Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potassium Solubilizing & Mobilizing), Mode of Application (Soil Treatment, Seed Treatment), Form, Crop Type and Region - Global Forecast to 2028
- April 4, 2023
- MarketsandMarkets
- 295
Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potassium Solubilizing & Mobilizing), Mode of Application (Soil Treatment, Seed Treatment), Form, Crop Type and Region - Global Forecast to 2028
Abstract
The biofertilizer market is expected to be valued USD 2.8 billion in 2022 and USD 5.2 billion by 2028, with a CAGR of 10.9% over the forecast period. Biofertilizers are commonly used in organic farming practises. Biofertilizers have been found to be helpful in terms of crop protection and soil fertility. They increase water retention capacity, boost soil fertility, and improve soil structure and texture. They are primarily used to increase crop yield, fix atmospheric nitrogen, and transform inorganic compounds into organic compounds.
“The nitrogen-fixing biofertilizers segment is expected to be gain largest market share in 2022.”
Nitrogen fixing biofertilizers are majorly used across the globe. These biofertilizers helps the plant bodies to fix the atmospheric nitrogen. These are mostly used in the leguminous crops such as peas, soybean, cowpea, etc. Microorganism such as rhizobium bacteria is highly beneficial in legume crops. Rhizobium converts dinitrogen gas into ammonia, which is then converted into organic substances such as amino acids for the better growth of crops. Apart from this, growing adoption of advanced agricultural techniques such as drip irrigation and sprinklers is also one of the major factors which is driving the growth of the segment.
“The fruits and vegetables segment is projected to accounted for the largest market share in 2022”
The primary factors anticipated to promote the use of biofertilizers in the major producing and exporting regions for fruits and vegetables include increased fruit output, high-quality fruits, decreased input costs, and increased soil organic content. The increase in the production of fruits such as strawberries, apples, grapes, pomogrenates, oranges, capsicum, bell pepper, tomato, chilli, etc. is further propelling the market.
“The soil treatment segment is forecasted to occupy for the largest market share in 2022.”
In order to boost plant output and satisfy the rising demand for food production, the use of biofertilizers by soil treatment method has become an essential component of agricultural practise. The soil treatment method assist in raising crop output, reduces the use of chemical fertilisers, improves soil fertility, produces better outcomes, and enhances soil quality by 20 to 30%. To improve the microbiome, certain bacteria, fungus, and other microorganisms are added to ploughed soil in soil treatment method. These species include algae and protozoa.
“North American market is projected to gain largest market share during the forecast period.“
North America is the largest market for the biofertilizers. This is due to the higher production of fruits and vegetables in the region. In North American region wheat, barley, corn maize, tomatoes, grapes, pome fruits and stone fruits are the majorly cultivated crops. These crops are also exported to different parts of the world in large quantities. This has led to the increase in the utilization of biofertilizers. The demand for the organically grown crops has also fueled the growth of the biofertilizers market in the region.
Break-up of Primaries:
•By Company type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
•By Designation: C level – 35%, Director level – 25%, Others – 40%
•By Geography: North America– 40%, Asia Pacific – 30%, Europe –20%, South America- 5% and RoW 5%
Some Leading players profiled in this report:
•Novozymes (Denmark)
•UPL (India)
•Chr. Hansen Holding A/S (Denmark)
•Syngenta (Switzerland)
•T.Stanes and Company Limited (India)
•Lallemand Inc. (Canada)
•Rizobacter Argentina S.A. (Argentina)
• Vegalab SA (Switzerland)
Research Coverage:
This research report categorizes the biofertilizers market by type (nitrogen-fixing biofertilizers, phosphate solubilizing & mobilizing biofertilizers, potassium solubilizing & mobilizing biofertilizers and other types), by crop type (cereals & grains, pulses & oilseeds, fruits & vegetables, other crop types), by mode of application (soil treatment, seed treatment), by form (liquid and carrier-based), and region (North America, Europe, Asia Pacific, South America, and RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the biofertilizers market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions; key strategies; partnerships, agreements; new product launches, mergers and acquisitions, and recent developments associated with the biofertilizers market. Competitive analysis of upcoming startups in the biofertilizers market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall biofertilizers market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
•Analysis of key drivers (growth in organic food industry, initiatives by government agencies and increase in awareness pertaining to need for sustainability in modern agriculture, hazards of using chemical fertilizers and increase in environmental concerns, increase in usage of biofertilizers in ranch and private farms, adoption of precision farming and protected agriculture, provision of range of phytohormones, macronutrients, and micronutrients), restraints (environmental and technological constraints, poor infrastructure and high initial investment, absence of well-constructed marketing routes and surrounding infrastructure), opportunities (new target markets: asia pacific & africa, increase in the production and yield of crops, increase in the utilization of liquid biofertilizers and fertigation method), and challenges (lack of awareness and low adoption rate of biofertilizers, unfavourable regulatory standards, supply of counterfeit and less-effective products) influencing the growth of the biofertilizers market
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the biofertilizers market
•Market Development: Comprehensive information about lucrative markets – the report analyses the biofertilizers market across varied regions
•Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the biofertilizers market
•Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like Novozymes (Denmark), UPL (India), Chr. Hansen Holding A/S (Denmark), Syngenta (Switzerland), T.Stanes and Company Limited (India), and Lallemand Inc. (Canada) among others in the biofertilizers market strategies.
Content
Table of Contents
1INTRODUCTION35
1.1STUDY OBJECTIVES35
1.2MARKET DEFINITION35
1.3STUDY SCOPE36
FIGURE 1BIOFERTILIZERS: MARKET SEGMENTATION36
1.3.1INCLUSIONS AND EXCLUSIONS36
1.4REGIONS COVERED37
1.5YEARS CONSIDERED37
1.6UNITS38
1.6.1CURRENCY (VALUE UNIT)38
TABLE 1USD EXCHANGE RATES, 2018–202138
1.6.2VOLUME UNIT39
1.7STAKEHOLDERS39
1.8SUMMARY OF CHANGES39
2RESEARCH METHODOLOGY40
2.1RESEARCH DATA40
FIGURE 2BIOFERTILIZERS MARKET: RESEARCH DESIGN40
2.1.1SECONDARY DATA41
2.1.1.1Key data from secondary sources41
2.1.2PRIMARY DATA42
2.1.2.1Key industry insights42
2.1.2.2Breakdown of primary interviews43
FIGURE 3BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION43
2.2MARKET SIZE ESTIMATION44
2.2.1BIOFERTILIZERS MARKET SIZE ESTIMATION – SUPPLY SIDE44
2.2.2BIOFERTILIZERS MARKET SIZE ESTIMATION – DEMAND SIDE45
FIGURE 4BIOFERTILIZERS MARKET: BOTTOM-UP APPROACH45
2.2.3TOP-DOWN APPROACH46
FIGURE 5BIOFERTILIZERS MARKET: TOP-DOWN APPROACH46
2.3GROWTH RATE FORECAST ASSUMPTIONS47
2.4DATA TRIANGULATION48
FIGURE 6DATA TRIANGULATION48
2.5RECESSION IMPACT ANALYSIS49
2.6RESEARCH ASSUMPTIONS49
2.7RESEARCH LIMITATIONS & ASSOCIATED RISKS50
3EXECUTIVE SUMMARY51
TABLE 2BIOFERTILIZERS MARKET SNAPSHOT, 2023 VS. 202852
FIGURE 7BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION)53
FIGURE 8BIOFERTILIZERS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION)54
FIGURE 9BIOFERTILIZERS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION)55
FIGURE 10BIOFERTILIZERS MARKET, BY FORM, 2023 VS. 2028 (USD MILLION)56
FIGURE 11BIOFERTILIZERS MARKET SHARE (VALUE), BY REGION, 202257
4PREMIUM INSIGHTS58
4.1ATTRACTIVE OPPORTUNITIES FOR BIOFERTILIZERS MARKET PLAYERS58
FIGURE 12NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD58
4.2EUROPE: BIOFERTILIZERS MARKET, BY KEY FUNCTION AND COUNTRY59
FIGURE 13FRANCE AND CEREALS & GRAINS SEGMENTS ACCOUNTED FOR LARGEST RESPECTIVE SHARES IN 202259
4.3BIOFERTILIZERS MARKET, BY TYPE, 2023 VS. 202860
FIGURE 14NITROGEN-FIXING BIOFERTILIZERS TO DOMINATE MARKET DURING FORECAST PERIOD60
4.4BIOFERTILIZERS MARKET, BY CROP TYPE, 2023 VS. 202860
FIGURE 15FRUITS & VEGETABLES TO DOMINATE MARKET DURING FORECAST PERIOD60
4.5BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023 VS. 202861
FIGURE 16SOIL TREATMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD61
4.6BIOFERTILIZERS MARKET, BY FORM, 2023 VS. 202861
FIGURE 17LIQUID FORM TO DOMINATE MARKET DURING FORECAST PERIOD61
4.7BIOFERTILIZERS MARKET, BY APPLICATION AND REGION, 2023 VS. 202862
FIGURE 18NORTH AMERICA TO DOMINATE MARKET DURING FORECAST PERIOD62
5MARKET OVERVIEW63
5.1INTRODUCTION63
5.2MACROECONOMIC INDICATORS INFLUENCING BIOFERTILIZERS MARKET63
5.2.1POPULATION GROWTH AND DEMAND FOR DIVERSE FOOD PRODUCTS63
FIGURE 19POPULATION GROWTH TREND, BY REGION, 1950–2050 (MILLION)64
5.2.2INCREASE IN ORGANIC FARM AREA64
FIGURE 20ORGANIC FARM AREA GROWTH TREND, BY KEY COUNTRY, 2016–2019 ('000 HA)64
5.2.3INCREASE IN PRODUCTION OF FRUITS & VEGETABLES65
FIGURE 21AREA HARVESTED UNDER FRUITS, VEGETABLES, AND OTHER HIGH-VALUE CROPS, 2015-2019 (MILLION HA)65
5.3MARKET DYNAMICS66
FIGURE 22MARKET DYNAMICS: BIOFERTILIZERS MARKET66
5.3.1DRIVERS67
5.3.1.1Growth in organic food industry67
FIGURE 23ORGANIC RETAIL SALES, 2016–2019 (USD MILLION)67
FIGURE 24ORGANIC RETAIL SALES, 2017 VS 2018 (USD MILLION)68
FIGURE 25SHARE OF ORGANIC FRESH PRODUCE SALES AND VOLUME 1ST QUARTER, 202168
5.3.1.2Increase in awareness of need for sustainable in modern agriculture methods69
5.3.1.3Hazards of using chemical fertilizers and increase in environmental concerns69
5.3.1.4Increase in usage of biofertilizers in ranch and private farms70
FIGURE 26GROWTH TRENDS OF ORGANIC PRODUCERS, 2016–201970
5.3.1.5Adoption of precision farming and protected agriculture71
5.3.1.6Provision of range of phytohormones, macronutrients, and micronutrients71
5.3.2RESTRAINTS71
5.3.2.1Environmental and technological constraints71
5.3.2.2Poor infrastructure and high initial investment72
5.3.2.3Absence of well-constructed marketing routes and surrounding infrastructure72
5.3.3OPPORTUNITIES73
5.3.3.1New target markets: Asia Pacific & Africa73
5.3.3.2Increase in production and yield of crops74
5.3.3.3Increase in utilization of liquid biofertilizers and fertigation method74
5.3.4CHALLENGES75
5.3.4.1Lack of awareness and low adoption rate of biofertilizers75
5.3.4.2Unfavorable regulatory standards75
5.3.4.3Supply of counterfeit and less-effective products76
6INDUSTRY TRENDS77
6.1INTRODUCTION77
6.2VALUE CHAIN ANALYSIS77
FIGURE 27VALUE CHAIN ANALYSIS OF BIOFERTILIZERS MARKET78
6.3SUPPLY CHAIN ANALYSIS78
6.3.1PROMINENT COMPANIES78
6.3.2SMALL AND MEDIUM ENTERPRISES (SME)78
6.3.3END USERS78
6.3.4KEY INFLUENCERS79
FIGURE 28BIOFERTILIZERS MARKET: SUPPLY CHAIN79
6.4TECHNOLOGY ANALYSIS79
6.4.1TECHNOLOGICAL ADVANCEMENTS FOR LIQUID BIO-FERTILIZERS80
6.5PRICE TREND ANALYSIS80
6.5.1AVERAGE SELLING PRICES, BY TYPE80
FIGURE 29GLOBAL AVERAGE SELLING PRICES, BY TYPE81
TABLE 3BIOFERTILIZERS: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON)81
TABLE 4BIOFERTILIZERS: AVERAGE SELLING PRICE (ASP), BY TYPE, 2020–2022 (USD/TON)81
6.6MARKET MAPPING AND ECOSYSTEM ANALYSIS82
6.6.1SUPPLY-SIDE ANALYSIS82
6.6.2DEMAND-SIDE ANALYSIS82
FIGURE 30BIOFERTILIZERS MARKET MAPPING83
TABLE 5BIOFERTILIZERS MARKET: SUPPLY CHAIN ECOSYSTEM83
6.7TRENDS/DISRUPTIONS IMPACTING CUSTOMERS BUSINESS84
FIGURE 31TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS85
6.8TRADE ANALYSIS85
TABLE 6EXPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 202185
TABLE 7IMPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 202186
TABLE 8EXPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 202086
TABLE 9IMPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 202087
TABLE 10EXPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 201987
TABLE 11IMPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 201988
6.9PATENT ANALYSIS89
FIGURE 32PATENTS GRANTED FOR BIOFERTILIZERS MARKET, 2012–202289
FIGURE 33REGIONAL ANALYSIS OF PATENT GRANTED FOR BIOFERTILIZERS MARKET, 2012–202290
TABLE 12PATENTS PERTAINING TO BIOFERTILIZERS, 2020–202290
6.10PORTER’S FIVE FORCES ANALYSIS91
TABLE 13BIOFERTILIZERS MARKET: PORTER’S FIVE FORCES ANALYSIS91
6.10.1INTENSITY OF COMPETITIVE RIVALRY92
6.10.2BARGAINING POWER OF SUPPLIERS92
6.10.3BARGAINING POWER OF BUYERS92
6.10.4THREAT OF SUBSTITUTES93
6.10.5THREAT OF NEW ENTRANTS93
6.11CASE STUDIES93
TABLE 14IDENTIFICATION OF MARKET OPPORTUNITIES FOR BIOFERTILIZERS IN NORTH AMERICA93
TABLE 15HIGH ADOPTION OF ORGANIC GROWTH STRATEGIES BY KEY PLAYERS94
6.12KEY CONFERENCES AND EVENTS94
TABLE 16KEY CONFERENCES AND EVENTS IN BIOFERTILIZERS MARKET, 202394
6.13TARIFF AND REGULATORY LANDSCAPE95
TABLE 17NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS95
TABLE 18EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS96
TABLE 19ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS96
TABLE 20SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS97
6.14REGULATORY FRAMEWORK97
6.14.1NORTH AMERICA97
6.14.1.1US97
6.14.1.2Canada97
6.14.2EUROPE98
6.14.2.1Spain98
6.14.2.2Italy99
6.14.3ASIA PACIFIC99
6.14.3.1China99
6.14.3.2Australia99
TABLE 21ENVIRONMENTAL STUDY ISSUES TO BE CONSIDERED IN APPLICATION100
6.14.3.3India100
6.14.4SOUTH AMERICA101
6.14.4.1Brazil101
6.15KEY STAKEHOLDERS AND BUYING CRITERIA101
6.15.1KEY STAKEHOLDERS IN BUYING PROCESS101
FIGURE 34INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY TYPE101
TABLE 22INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE TYPE102
6.15.2BUYING CRITERIA102
TABLE 23KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS102
FIGURE 35KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS102
7BIOFERTILIZERS MARKET, BY TYPE103
7.1INTRODUCTION104
TABLE 24RHIZOBACTERIA USED IN PRODUCTION OF BIOFERTILIZERS, AND THEIR IMPACT ON PLANT PRODUCTIVITY104
FIGURE 36NITROGEN-FIXING BIOFERTILIZERS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD105
TABLE 25BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)105
TABLE 26BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)106
TABLE 27BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)106
TABLE 28BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)106
7.2NITROGEN-FIXING BIOFERTILIZERS107
7.2.1NITROGEN-FIXING BIOFERTILIZERS TO ENHANCE AGRICULTURAL PRODUCTIVITY107
TABLE 29NITROGEN-FIXING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)107
TABLE 30NITROGEN-FIXING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)108
TABLE 31NITROGEN-FIXING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (KT)108
TABLE 32NITROGEN-FIXING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (KT)108
7.3PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS109
7.3.1LOW AVAILABILITY OF PHOSPHORUS IN SOIL TO IMPACT GROWTH OF PLANTS109
TABLE 33PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)109
TABLE 34PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)110
TABLE 35PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (KT)110
TABLE 36PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (KT)110
7.4POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS111
7.4.1HIGHER ADOPTION OF CARRIER-BASED POTASH SOLUBILIZING BIOFERTILIZERS FOR BETTER YIELDS111
TABLE 37POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)112
TABLE 38POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)112
TABLE 39POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (KT)112
TABLE 40POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (KT)113
7.5OTHER TYPES113
TABLE 41OTHER BIOFERTILIZERS TYPES MARKET, BY REGION, 2018–2022 (USD MILLION)114
TABLE 42OTHER BIOFERTILIZER TYPES MARKET, BY REGION, 2023–2028 (USD MILLION)114
TABLE 43OTHER BIOFERTILIZERS TYPES MARKET, BY REGION, 2018–2022 (KT)114
TABLE 44OTHER BIOFERTILIZER TYPES MARKET, BY REGION, 2023–2028 (KT)115
8BIOFERTILIZERS MARKET, BY CROP TYPE116
8.1INTRODUCTION117
FIGURE 37CEREALS & GRAINS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD117
TABLE 45BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)118
TABLE 46BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)118
8.2CEREALS & GRAINS119
8.2.1SUSTAINABLE BENEFITS OF BIOFERTILIZERS TO DRIVE DEMAND FOR CEREAL CROPS119
TABLE 47CEREALS & GRAINS: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)119
TABLE 48CEREALS & GRAINS: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)120
8.3PULSES & OILSEEDS120
8.3.1TECHNOLOGICAL ADVANCEMENTS TO ENHANCE PULSE PRODUCTION QUALITY120
TABLE 49PULSES AND OILSEEDS: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)121
TABLE 50PULSES AND OILSEEDS: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)121
8.4FRUITS & VEGETABLES121
8.4.1STRINGENT REGULATIONS TO INCREASE USE OF BIOLOGICAL INPUTS121
TABLE 51FRUITS & VEGETABLES: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)122
TABLE 52FRUITS & VEGETABLES: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)122
8.5OTHER CROP TYPES123
TABLE 53OTHER CROP TYPES: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)123
TABLE 54OTHER CROP TYPES: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)124
9BIOFERTILIZERS MARKET, BY MODE OF APPLICATION125
9.1INTRODUCTION126
FIGURE 38SOIL TREATMENT SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD126
TABLE 55BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)126
TABLE 56BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)127
9.2SOIL TREATMENT127
9.2.1CONVENTIONAL AGRICULTURAL PRACTICES TO ENCOURAGE SOIL TREATMENT WITH USE OF BIOFERTILIZERS IN ASIA PACIFIC127
TABLE 57SOIL TREATMENT: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)128
TABLE 58SOIL TREATMENT: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)128
9.3SEED TREATMENT128
9.3.1SEED TREATMENT TO IMPROVE UPTAKE OF NUTRIENTS128
TABLE 59SEED TREATMENT: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)129
TABLE 60SEED TREATMENT: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)129
9.4OTHER MODES OF APPLICATION130
9.4.1FOLIAR TREATMENT TO PROVIDE FASTER RESULTS FOR NUTRITIONAL DEFICIENCIES130
TABLE 61OTHER MODES OF APPLICATION: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)130
TABLE 62OTHER MODES OF APPLICATION: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)130
10BIOFERTILIZERS MARKET, BY FORM131
10.1INTRODUCTION132
FIGURE 39LIQUID SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD132
TABLE 63BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)133
TABLE 64BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)133
10.2LIQUID BIOFERTILIZERS133
10.2.1INCREASE IN TOLERANCE LIMITS OF LIQUID BIOFERTILIZERS TO DRIVE DEMAND133
TABLE 65LIQUID: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)134
TABLE 66LIQUID: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)134
10.3CARRIER-BASED BIOFERTILIZERS135
10.3.1LOW SHELF LIFE TO INHIBIT MARKET GROWTH135
TABLE 67CARRIER-BASED: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)135
TABLE 68CARRIER-BASED: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)136
11BIOFERTILIZERS MARKET, BY MICROORGANISM137
11.1INTRODUCTION137
11.2RHIZOBIUM137
11.3AZOSPIRILLUM138
11.4AZOTOBACTER138
11.5OTHER TYPES OF MICROORGANISM139
12BIOFERTILIZERS MARKET, BY REGION140
12.1INTRODUCTION141
FIGURE 40SPAIN IS PROJECTED TO WITNESS HIGHEST GROWTH RATE AMONG COUNTRY-LEVEL MARKETS142
TABLE 69BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)142
TABLE 70BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)143
TABLE 71BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (KT)143
TABLE 72BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (KT)143
12.2NORTH AMERICA144
FIGURE 41NORTH AMERICA: REGIONAL SNAPSHOT145
12.2.1RECESSION IMPACT ANALYSIS145
FIGURE 42NORTH AMERICA: RECESSION IMPACT ANALYSIS SNAPSHOT147
TABLE 73NORTH AMERICA: BIOFERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)147
TABLE 74NORTH AMERICA: BIOFERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)148
TABLE 75NORTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)148
TABLE 76NORTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)148
TABLE 77NORTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)149
TABLE 78NORTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)149
TABLE 79NORTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)149
TABLE 80NORTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)150
TABLE 81NORTH AMERICA: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)150
TABLE 82NORTH AMERICA: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)150
TABLE 83NORTH AMERICA: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)151
TABLE 84NORTH AMERICA: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)151
12.2.2US151
12.2.2.1Strengthening supply channels of organic products for food industries to drive demand for biofertilizers151
TABLE 85US: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)152
TABLE 86US: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)152
TABLE 87US: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)152
TABLE 88US: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)153
12.2.3CANADA153
12.2.3.1Rise in organic farmlands to encourage biofertilizer manufacturers to increase production capacity153
TABLE 89CANADA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)154
TABLE 90CANADA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)154
TABLE 91CANADA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)155
TABLE 92CANADA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)155
12.2.4MEXICO155
12.2.4.1Rise in exports of fruits & vegetables to increase adoption of biofertilizers among small organic producers155
TABLE 93MEXICO: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)156
TABLE 94MEXICO: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)156
TABLE 95MEXICO: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)157
TABLE 96MEXICO: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)157
12.3EUROPE157
FIGURE 43EUROPE: BIOFERTILIZERS MARKET SNAPSHOT159
12.3.1RECESSION IMPACT ANALYSIS160
FIGURE 44EUROPE: BIOFERTILIZERS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT161
TABLE 97EUROPE: BIOFERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)162
TABLE 98EUROPE: BIOFERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)162
TABLE 99EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)163
TABLE 100EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)163
TABLE 101EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)163
TABLE 102EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)164
TABLE 103EUROPE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)164
TABLE 104EUROPE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)164
TABLE 105EUROPE: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)165
TABLE 106EUROPE: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)165
TABLE 107EUROPE: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)165
TABLE 108EUROPE: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)165
12.3.2GERMANY166
12.3.2.1Early adoption of EU agricultural standards and policies to drive growth of nitrogen-fixing biofertilizers market166
TABLE 109GERMANY: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)166
TABLE 110GERMANY: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)167
TABLE 111GERMANY: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)167
TABLE 112GERMANY: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)167
12.3.3FRANCE168
12.3.3.1Need for sustainable crop production to encourage farmers to opt for organic practices168
TABLE 113FRANCE: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)169
TABLE 114FRANCE: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)169
TABLE 115FRANCE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)169
TABLE 116FRANCE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)170
12.3.4ITALY170
12.3.4.1Government initiatives to provide financial support to farmers170
TABLE 117ITALY: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)171
TABLE 118ITALY: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)171
TABLE 119ITALY: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)171
TABLE 120ITALY: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)172
12.3.5SPAIN172
12.3.5.1Increase in R&D activities to provide innovative products172
TABLE 121SPAIN: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)173
TABLE 122SPAIN: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)173
TABLE 123SPAIN: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)173
TABLE 124SPAIN: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)174
12.3.6UK174
12.3.6.1Increased awareness pertaining to need for sustainable farming practices174
TABLE 125UK: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)175
TABLE 126UK: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)175
TABLE 127UK: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)175
TABLE 128UK: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)176
12.3.7RUSSIA176
12.3.7.1Increased focus on production capacity of biofertilizers among agri-input players176
TABLE 129RUSSIA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)177
TABLE 130RUSSIA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)177
TABLE 131RUSSIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)177
TABLE 132RUSSIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)178
12.3.8NETHERLANDS178
12.3.8.1Biological inputs to witness increase in application in greenhouse cultivation178
TABLE 133NETHERLANDS: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)179
TABLE 134NETHERLANDS: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)179
TABLE 135NETHERLANDS: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)179
TABLE 136NETHERLANDS: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)180
12.3.9REST OF EUROPE180
12.3.9.1High focus on increasing production capacity of biofertilizers among agri-input players180
TABLE 137REST OF EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)180
TABLE 138REST OF EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)181
TABLE 139REST OF EUROPE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)181
TABLE 140REST OF EUROPE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)181
12.3.10ASIA PACIFIC182
12.3.11RECESSION IMPACT ANALYSIS182
FIGURE 45ASIA PACIFIC: BIOFERTILIZERS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT183
TABLE 141ASIA PACIFIC: BIOFERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)184
TABLE 142ASIA PACIFIC: BIOFERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)184
TABLE 143ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)184
TABLE 144ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)185
TABLE 145ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)185
TABLE 146ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)185
TABLE 147ASIA PACIFIC: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)186
TABLE 148ASIA PACIFIC: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)186
TABLE 149ASIA PACIFIC: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)186
TABLE 150ASIA PACIFIC: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)186
TABLE 151ASIA PACIFIC: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)187
TABLE 152ASIA PACIFIC: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)187
12.3.11.1India187
TABLE 153INDIA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)188
TABLE 154INDIA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)188
TABLE 155INDIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)188
TABLE 156INDIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)189
12.3.12JAPAN189
12.3.12.1Increase in focus on rice production using both traditional and modern practices to drive demand189
TABLE 157JAPAN: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)189
TABLE 158JAPAN: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)190
TABLE 159JAPAN: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)190
TABLE 160JAPAN: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)190
12.3.12.2China191
TABLE 161CHINA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)191
TABLE 162CHINA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)191
TABLE 163CHINA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)192
TABLE 164CHINA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)192
12.3.12.3Thailand192
TABLE 165THAILAND: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)192
TABLE 166THAILAND: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)193
TABLE 167THAILAND: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)193
TABLE 168THAILAND: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)193
12.3.12.4Australia194
TABLE 169AUSTRALIA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)194
TABLE 170AUSTRALIA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)194
TABLE 171AUSTRALIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)195
TABLE 172AUSTRALIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)195
12.3.12.5Indonesia195
TABLE 173INDONESIA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)196
TABLE 174INDONESIA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)196
TABLE 175INDONESIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)196
TABLE 176INDONESIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)197
12.3.13REST OF ASIA PACIFIC197
12.3.13.1Increasing awareness regarding sustainable farming practices to drive market197
TABLE 177REST OF ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)197
TABLE 178REST OF ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)198
TABLE 179REST OF ASIA PACIFIC: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)198
TABLE 180REST OF ASIA PACIFIC: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)198
12.3.14SOUTH AMERICA199
12.3.15RECESSION IMPACT ANALYSIS199
FIGURE 46SOUTH AMERICA: BIOFERTILIZERS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT200
TABLE 181SOUTH AMERICA: BIOFERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)200
TABLE 182SOUTH AMERICA: BIOFERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)201
TABLE 183SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)201
TABLE 184SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)201
TABLE 185SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)202
TABLE 186SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)202
TABLE 187SOUTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)202
TABLE 188SOUTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (MILLION)203
TABLE 189SOUTH AMERICA: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)203
TABLE 190SOUTH AMERICA: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)203
TABLE 191SOUTH AMERICA: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)204
TABLE 192SOUTH AMERICA: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)204
12.3.15.1Brazil204
TABLE 193BRAZIL: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)205
TABLE 194BRAZIL: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)205
TABLE 195BRAZIL: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)205
TABLE 196BRAZIL: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)206
12.3.16ARGENTINA206
12.3.16.1High market penetration with help of local companies206
TABLE 197ARGENTINA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)207
TABLE 198ARGENTINA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)207
TABLE 199ARGENTINA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)207
TABLE 200ARGENTINA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)208
12.3.17REST OF SOUTH AMERICA208
12.3.17.1Biofertilizers to be used as agricultural solutions for enhancing crop productivity208
TABLE 201REST OF SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)209
TABLE 202REST OF SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)209
TABLE 203REST OF SOUTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)209
TABLE 204REST OF SOUTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)210
12.3.18ROW210
12.3.19RECESSION IMPACT ANALYSIS210
FIGURE 47ROW: BIOFERTILIZERS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT212
TABLE 205ROW: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)212
TABLE 206ROW: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)213
TABLE 207ROW: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)213
TABLE 208ROW: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)213
TABLE 209ROW: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)214
TABLE 210ROW: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)214
TABLE 211ROW: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)215
TABLE 212ROW: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)215
TABLE 213ROW: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)215
TABLE 214ROW: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)216
TABLE 215ROW: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)216
TABLE 216ROW: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)216
12.3.20AFRICA216
TABLE 217AFRICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)217
TABLE 218AFRICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)217
TABLE 219AFRICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)218
TABLE 220AFRICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)218
12.3.21MIDDLE EAST218
TABLE 221MIDDLE EAST: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)219
TABLE 222MIDDLE EAST: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)219
TABLE 223MIDDLE EAST: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)219
TABLE 224MIDDLE EAST: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)220
13COMPETITIVE LANDSCAPE221
13.1OVERVIEW221
13.2STRATEGIES ADOPTED BY KEY PLAYERS222
13.3MARKET SHARE ANALYSIS223
TABLE 225BIOFERTILIZERS MARKET: DEGREE OF COMPETITION224
13.4COMPANY REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022224
FIGURE 48REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 (USD MILLION)224
13.5COMPANY EVALUATION QUADRANT (KEY PLAYERS)225
13.5.1STARS225
13.5.2EMERGING LEADERS225
13.5.3PERVASIVE PLAYERS225
13.5.4PARTICIPANTS225
FIGURE 49BIOFERTILIZERS MARKET, COMPANY EVALUATION QUADRANT, 2022 (KEY PLAYERS)226
13.5.5PRODUCT FOOTPRINT227
TABLE 226BIOFERTILIZERS: TYPE FOOTPRINT OF KEY PLAYERS227
TABLE 227BIOFERTILIZERS: FORM FOOTPRINT OF KEY PLAYERS228
TABLE 228BIOFERTILIZERS: MODE OF APPLICATION FOOTPRINT OF KEY PLAYERS229
TABLE 229BIOFERTILIZERS: REGION FOOTPRINT OF KEY PLAYERS229
TABLE 230BIOFERTILIZERS: OVERALL FOOTPRINT OF KEY PLAYERS230
13.6START-UP/SME EVALUATION QUADRANT (OTHER PLAYERS)231
13.6.1PROGRESSIVE COMPANIES231
13.6.2STARTING BLOCKS231
13.6.3RESPONSIVE COMPANIES231
13.6.4DYNAMIC COMPANIES231
FIGURE 50BIOFERTILIZERS MARKET: COMPANY EVALUATION QUADRANT, 2022 (OTHER PLAYERS)232
13.6.5COMPETITIVE BENCHMARKING OF OTHER PLAYERS233
TABLE 231DETAILED LIST OF OTHER PLAYERS233
TABLE 232COMPETITIVE BENCHMARKING (OTHER PLAYERS), 2021234
13.7COMPETITIVE SCENARIO235
13.7.1PRODUCT LAUNCHES235
TABLE 233BIOFERTILIZERS MARKET: PRODUCT LAUNCHES, 2018–2022235
13.7.2DEALS236
TABLE 234BIOFERTILIZERS MARKET: DEALS, 2
“The nitrogen-fixing biofertilizers segment is expected to be gain largest market share in 2022.”
Nitrogen fixing biofertilizers are majorly used across the globe. These biofertilizers helps the plant bodies to fix the atmospheric nitrogen. These are mostly used in the leguminous crops such as peas, soybean, cowpea, etc. Microorganism such as rhizobium bacteria is highly beneficial in legume crops. Rhizobium converts dinitrogen gas into ammonia, which is then converted into organic substances such as amino acids for the better growth of crops. Apart from this, growing adoption of advanced agricultural techniques such as drip irrigation and sprinklers is also one of the major factors which is driving the growth of the segment.
“The fruits and vegetables segment is projected to accounted for the largest market share in 2022”
The primary factors anticipated to promote the use of biofertilizers in the major producing and exporting regions for fruits and vegetables include increased fruit output, high-quality fruits, decreased input costs, and increased soil organic content. The increase in the production of fruits such as strawberries, apples, grapes, pomogrenates, oranges, capsicum, bell pepper, tomato, chilli, etc. is further propelling the market.
“The soil treatment segment is forecasted to occupy for the largest market share in 2022.”
In order to boost plant output and satisfy the rising demand for food production, the use of biofertilizers by soil treatment method has become an essential component of agricultural practise. The soil treatment method assist in raising crop output, reduces the use of chemical fertilisers, improves soil fertility, produces better outcomes, and enhances soil quality by 20 to 30%. To improve the microbiome, certain bacteria, fungus, and other microorganisms are added to ploughed soil in soil treatment method. These species include algae and protozoa.
“North American market is projected to gain largest market share during the forecast period.“
North America is the largest market for the biofertilizers. This is due to the higher production of fruits and vegetables in the region. In North American region wheat, barley, corn maize, tomatoes, grapes, pome fruits and stone fruits are the majorly cultivated crops. These crops are also exported to different parts of the world in large quantities. This has led to the increase in the utilization of biofertilizers. The demand for the organically grown crops has also fueled the growth of the biofertilizers market in the region.
Break-up of Primaries:
•By Company type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
•By Designation: C level – 35%, Director level – 25%, Others – 40%
•By Geography: North America– 40%, Asia Pacific – 30%, Europe –20%, South America- 5% and RoW 5%
Some Leading players profiled in this report:
•Novozymes (Denmark)
•UPL (India)
•Chr. Hansen Holding A/S (Denmark)
•Syngenta (Switzerland)
•T.Stanes and Company Limited (India)
•Lallemand Inc. (Canada)
•Rizobacter Argentina S.A. (Argentina)
• Vegalab SA (Switzerland)
Research Coverage:
This research report categorizes the biofertilizers market by type (nitrogen-fixing biofertilizers, phosphate solubilizing & mobilizing biofertilizers, potassium solubilizing & mobilizing biofertilizers and other types), by crop type (cereals & grains, pulses & oilseeds, fruits & vegetables, other crop types), by mode of application (soil treatment, seed treatment), by form (liquid and carrier-based), and region (North America, Europe, Asia Pacific, South America, and RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the biofertilizers market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions; key strategies; partnerships, agreements; new product launches, mergers and acquisitions, and recent developments associated with the biofertilizers market. Competitive analysis of upcoming startups in the biofertilizers market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall biofertilizers market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
•Analysis of key drivers (growth in organic food industry, initiatives by government agencies and increase in awareness pertaining to need for sustainability in modern agriculture, hazards of using chemical fertilizers and increase in environmental concerns, increase in usage of biofertilizers in ranch and private farms, adoption of precision farming and protected agriculture, provision of range of phytohormones, macronutrients, and micronutrients), restraints (environmental and technological constraints, poor infrastructure and high initial investment, absence of well-constructed marketing routes and surrounding infrastructure), opportunities (new target markets: asia pacific & africa, increase in the production and yield of crops, increase in the utilization of liquid biofertilizers and fertigation method), and challenges (lack of awareness and low adoption rate of biofertilizers, unfavourable regulatory standards, supply of counterfeit and less-effective products) influencing the growth of the biofertilizers market
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the biofertilizers market
•Market Development: Comprehensive information about lucrative markets – the report analyses the biofertilizers market across varied regions
•Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the biofertilizers market
•Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like Novozymes (Denmark), UPL (India), Chr. Hansen Holding A/S (Denmark), Syngenta (Switzerland), T.Stanes and Company Limited (India), and Lallemand Inc. (Canada) among others in the biofertilizers market strategies.
1INTRODUCTION35
1.1STUDY OBJECTIVES35
1.2MARKET DEFINITION35
1.3STUDY SCOPE36
FIGURE 1BIOFERTILIZERS: MARKET SEGMENTATION36
1.3.1INCLUSIONS AND EXCLUSIONS36
1.4REGIONS COVERED37
1.5YEARS CONSIDERED37
1.6UNITS38
1.6.1CURRENCY (VALUE UNIT)38
TABLE 1USD EXCHANGE RATES, 2018–202138
1.6.2VOLUME UNIT39
1.7STAKEHOLDERS39
1.8SUMMARY OF CHANGES39
2RESEARCH METHODOLOGY40
2.1RESEARCH DATA40
FIGURE 2BIOFERTILIZERS MARKET: RESEARCH DESIGN40
2.1.1SECONDARY DATA41
2.1.1.1Key data from secondary sources41
2.1.2PRIMARY DATA42
2.1.2.1Key industry insights42
2.1.2.2Breakdown of primary interviews43
FIGURE 3BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION43
2.2MARKET SIZE ESTIMATION44
2.2.1BIOFERTILIZERS MARKET SIZE ESTIMATION – SUPPLY SIDE44
2.2.2BIOFERTILIZERS MARKET SIZE ESTIMATION – DEMAND SIDE45
FIGURE 4BIOFERTILIZERS MARKET: BOTTOM-UP APPROACH45
2.2.3TOP-DOWN APPROACH46
FIGURE 5BIOFERTILIZERS MARKET: TOP-DOWN APPROACH46
2.3GROWTH RATE FORECAST ASSUMPTIONS47
2.4DATA TRIANGULATION48
FIGURE 6DATA TRIANGULATION48
2.5RECESSION IMPACT ANALYSIS49
2.6RESEARCH ASSUMPTIONS49
2.7RESEARCH LIMITATIONS & ASSOCIATED RISKS50
3EXECUTIVE SUMMARY51
TABLE 2BIOFERTILIZERS MARKET SNAPSHOT, 2023 VS. 202852
FIGURE 7BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION)53
FIGURE 8BIOFERTILIZERS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION)54
FIGURE 9BIOFERTILIZERS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION)55
FIGURE 10BIOFERTILIZERS MARKET, BY FORM, 2023 VS. 2028 (USD MILLION)56
FIGURE 11BIOFERTILIZERS MARKET SHARE (VALUE), BY REGION, 202257
4PREMIUM INSIGHTS58
4.1ATTRACTIVE OPPORTUNITIES FOR BIOFERTILIZERS MARKET PLAYERS58
FIGURE 12NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD58
4.2EUROPE: BIOFERTILIZERS MARKET, BY KEY FUNCTION AND COUNTRY59
FIGURE 13FRANCE AND CEREALS & GRAINS SEGMENTS ACCOUNTED FOR LARGEST RESPECTIVE SHARES IN 202259
4.3BIOFERTILIZERS MARKET, BY TYPE, 2023 VS. 202860
FIGURE 14NITROGEN-FIXING BIOFERTILIZERS TO DOMINATE MARKET DURING FORECAST PERIOD60
4.4BIOFERTILIZERS MARKET, BY CROP TYPE, 2023 VS. 202860
FIGURE 15FRUITS & VEGETABLES TO DOMINATE MARKET DURING FORECAST PERIOD60
4.5BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023 VS. 202861
FIGURE 16SOIL TREATMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD61
4.6BIOFERTILIZERS MARKET, BY FORM, 2023 VS. 202861
FIGURE 17LIQUID FORM TO DOMINATE MARKET DURING FORECAST PERIOD61
4.7BIOFERTILIZERS MARKET, BY APPLICATION AND REGION, 2023 VS. 202862
FIGURE 18NORTH AMERICA TO DOMINATE MARKET DURING FORECAST PERIOD62
5MARKET OVERVIEW63
5.1INTRODUCTION63
5.2MACROECONOMIC INDICATORS INFLUENCING BIOFERTILIZERS MARKET63
5.2.1POPULATION GROWTH AND DEMAND FOR DIVERSE FOOD PRODUCTS63
FIGURE 19POPULATION GROWTH TREND, BY REGION, 1950–2050 (MILLION)64
5.2.2INCREASE IN ORGANIC FARM AREA64
FIGURE 20ORGANIC FARM AREA GROWTH TREND, BY KEY COUNTRY, 2016–2019 ('000 HA)64
5.2.3INCREASE IN PRODUCTION OF FRUITS & VEGETABLES65
FIGURE 21AREA HARVESTED UNDER FRUITS, VEGETABLES, AND OTHER HIGH-VALUE CROPS, 2015-2019 (MILLION HA)65
5.3MARKET DYNAMICS66
FIGURE 22MARKET DYNAMICS: BIOFERTILIZERS MARKET66
5.3.1DRIVERS67
5.3.1.1Growth in organic food industry67
FIGURE 23ORGANIC RETAIL SALES, 2016–2019 (USD MILLION)67
FIGURE 24ORGANIC RETAIL SALES, 2017 VS 2018 (USD MILLION)68
FIGURE 25SHARE OF ORGANIC FRESH PRODUCE SALES AND VOLUME 1ST QUARTER, 202168
5.3.1.2Increase in awareness of need for sustainable in modern agriculture methods69
5.3.1.3Hazards of using chemical fertilizers and increase in environmental concerns69
5.3.1.4Increase in usage of biofertilizers in ranch and private farms70
FIGURE 26GROWTH TRENDS OF ORGANIC PRODUCERS, 2016–201970
5.3.1.5Adoption of precision farming and protected agriculture71
5.3.1.6Provision of range of phytohormones, macronutrients, and micronutrients71
5.3.2RESTRAINTS71
5.3.2.1Environmental and technological constraints71
5.3.2.2Poor infrastructure and high initial investment72
5.3.2.3Absence of well-constructed marketing routes and surrounding infrastructure72
5.3.3OPPORTUNITIES73
5.3.3.1New target markets: Asia Pacific & Africa73
5.3.3.2Increase in production and yield of crops74
5.3.3.3Increase in utilization of liquid biofertilizers and fertigation method74
5.3.4CHALLENGES75
5.3.4.1Lack of awareness and low adoption rate of biofertilizers75
5.3.4.2Unfavorable regulatory standards75
5.3.4.3Supply of counterfeit and less-effective products76
6INDUSTRY TRENDS77
6.1INTRODUCTION77
6.2VALUE CHAIN ANALYSIS77
FIGURE 27VALUE CHAIN ANALYSIS OF BIOFERTILIZERS MARKET78
6.3SUPPLY CHAIN ANALYSIS78
6.3.1PROMINENT COMPANIES78
6.3.2SMALL AND MEDIUM ENTERPRISES (SME)78
6.3.3END USERS78
6.3.4KEY INFLUENCERS79
FIGURE 28BIOFERTILIZERS MARKET: SUPPLY CHAIN79
6.4TECHNOLOGY ANALYSIS79
6.4.1TECHNOLOGICAL ADVANCEMENTS FOR LIQUID BIO-FERTILIZERS80
6.5PRICE TREND ANALYSIS80
6.5.1AVERAGE SELLING PRICES, BY TYPE80
FIGURE 29GLOBAL AVERAGE SELLING PRICES, BY TYPE81
TABLE 3BIOFERTILIZERS: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON)81
TABLE 4BIOFERTILIZERS: AVERAGE SELLING PRICE (ASP), BY TYPE, 2020–2022 (USD/TON)81
6.6MARKET MAPPING AND ECOSYSTEM ANALYSIS82
6.6.1SUPPLY-SIDE ANALYSIS82
6.6.2DEMAND-SIDE ANALYSIS82
FIGURE 30BIOFERTILIZERS MARKET MAPPING83
TABLE 5BIOFERTILIZERS MARKET: SUPPLY CHAIN ECOSYSTEM83
6.7TRENDS/DISRUPTIONS IMPACTING CUSTOMERS BUSINESS84
FIGURE 31TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS85
6.8TRADE ANALYSIS85
TABLE 6EXPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 202185
TABLE 7IMPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 202186
TABLE 8EXPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 202086
TABLE 9IMPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 202087
TABLE 10EXPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 201987
TABLE 11IMPORT VALUE OF ANIMAL OR VEGETABLE FERTILIZERS, BY KEY COUNTRY, 201988
6.9PATENT ANALYSIS89
FIGURE 32PATENTS GRANTED FOR BIOFERTILIZERS MARKET, 2012–202289
FIGURE 33REGIONAL ANALYSIS OF PATENT GRANTED FOR BIOFERTILIZERS MARKET, 2012–202290
TABLE 12PATENTS PERTAINING TO BIOFERTILIZERS, 2020–202290
6.10PORTER’S FIVE FORCES ANALYSIS91
TABLE 13BIOFERTILIZERS MARKET: PORTER’S FIVE FORCES ANALYSIS91
6.10.1INTENSITY OF COMPETITIVE RIVALRY92
6.10.2BARGAINING POWER OF SUPPLIERS92
6.10.3BARGAINING POWER OF BUYERS92
6.10.4THREAT OF SUBSTITUTES93
6.10.5THREAT OF NEW ENTRANTS93
6.11CASE STUDIES93
TABLE 14IDENTIFICATION OF MARKET OPPORTUNITIES FOR BIOFERTILIZERS IN NORTH AMERICA93
TABLE 15HIGH ADOPTION OF ORGANIC GROWTH STRATEGIES BY KEY PLAYERS94
6.12KEY CONFERENCES AND EVENTS94
TABLE 16KEY CONFERENCES AND EVENTS IN BIOFERTILIZERS MARKET, 202394
6.13TARIFF AND REGULATORY LANDSCAPE95
TABLE 17NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS95
TABLE 18EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS96
TABLE 19ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS96
TABLE 20SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS97
6.14REGULATORY FRAMEWORK97
6.14.1NORTH AMERICA97
6.14.1.1US97
6.14.1.2Canada97
6.14.2EUROPE98
6.14.2.1Spain98
6.14.2.2Italy99
6.14.3ASIA PACIFIC99
6.14.3.1China99
6.14.3.2Australia99
TABLE 21ENVIRONMENTAL STUDY ISSUES TO BE CONSIDERED IN APPLICATION100
6.14.3.3India100
6.14.4SOUTH AMERICA101
6.14.4.1Brazil101
6.15KEY STAKEHOLDERS AND BUYING CRITERIA101
6.15.1KEY STAKEHOLDERS IN BUYING PROCESS101
FIGURE 34INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY TYPE101
TABLE 22INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE TYPE102
6.15.2BUYING CRITERIA102
TABLE 23KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS102
FIGURE 35KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS102
7BIOFERTILIZERS MARKET, BY TYPE103
7.1INTRODUCTION104
TABLE 24RHIZOBACTERIA USED IN PRODUCTION OF BIOFERTILIZERS, AND THEIR IMPACT ON PLANT PRODUCTIVITY104
FIGURE 36NITROGEN-FIXING BIOFERTILIZERS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD105
TABLE 25BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)105
TABLE 26BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)106
TABLE 27BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)106
TABLE 28BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)106
7.2NITROGEN-FIXING BIOFERTILIZERS107
7.2.1NITROGEN-FIXING BIOFERTILIZERS TO ENHANCE AGRICULTURAL PRODUCTIVITY107
TABLE 29NITROGEN-FIXING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)107
TABLE 30NITROGEN-FIXING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)108
TABLE 31NITROGEN-FIXING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (KT)108
TABLE 32NITROGEN-FIXING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (KT)108
7.3PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS109
7.3.1LOW AVAILABILITY OF PHOSPHORUS IN SOIL TO IMPACT GROWTH OF PLANTS109
TABLE 33PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)109
TABLE 34PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)110
TABLE 35PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (KT)110
TABLE 36PHOSPHATE SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (KT)110
7.4POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS111
7.4.1HIGHER ADOPTION OF CARRIER-BASED POTASH SOLUBILIZING BIOFERTILIZERS FOR BETTER YIELDS111
TABLE 37POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)112
TABLE 38POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)112
TABLE 39POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (KT)112
TABLE 40POTASSIUM SOLUBILIZING & MOBILIZING BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (KT)113
7.5OTHER TYPES113
TABLE 41OTHER BIOFERTILIZERS TYPES MARKET, BY REGION, 2018–2022 (USD MILLION)114
TABLE 42OTHER BIOFERTILIZER TYPES MARKET, BY REGION, 2023–2028 (USD MILLION)114
TABLE 43OTHER BIOFERTILIZERS TYPES MARKET, BY REGION, 2018–2022 (KT)114
TABLE 44OTHER BIOFERTILIZER TYPES MARKET, BY REGION, 2023–2028 (KT)115
8BIOFERTILIZERS MARKET, BY CROP TYPE116
8.1INTRODUCTION117
FIGURE 37CEREALS & GRAINS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD117
TABLE 45BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)118
TABLE 46BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)118
8.2CEREALS & GRAINS119
8.2.1SUSTAINABLE BENEFITS OF BIOFERTILIZERS TO DRIVE DEMAND FOR CEREAL CROPS119
TABLE 47CEREALS & GRAINS: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)119
TABLE 48CEREALS & GRAINS: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)120
8.3PULSES & OILSEEDS120
8.3.1TECHNOLOGICAL ADVANCEMENTS TO ENHANCE PULSE PRODUCTION QUALITY120
TABLE 49PULSES AND OILSEEDS: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)121
TABLE 50PULSES AND OILSEEDS: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)121
8.4FRUITS & VEGETABLES121
8.4.1STRINGENT REGULATIONS TO INCREASE USE OF BIOLOGICAL INPUTS121
TABLE 51FRUITS & VEGETABLES: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)122
TABLE 52FRUITS & VEGETABLES: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)122
8.5OTHER CROP TYPES123
TABLE 53OTHER CROP TYPES: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)123
TABLE 54OTHER CROP TYPES: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)124
9BIOFERTILIZERS MARKET, BY MODE OF APPLICATION125
9.1INTRODUCTION126
FIGURE 38SOIL TREATMENT SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD126
TABLE 55BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)126
TABLE 56BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)127
9.2SOIL TREATMENT127
9.2.1CONVENTIONAL AGRICULTURAL PRACTICES TO ENCOURAGE SOIL TREATMENT WITH USE OF BIOFERTILIZERS IN ASIA PACIFIC127
TABLE 57SOIL TREATMENT: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)128
TABLE 58SOIL TREATMENT: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)128
9.3SEED TREATMENT128
9.3.1SEED TREATMENT TO IMPROVE UPTAKE OF NUTRIENTS128
TABLE 59SEED TREATMENT: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)129
TABLE 60SEED TREATMENT: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)129
9.4OTHER MODES OF APPLICATION130
9.4.1FOLIAR TREATMENT TO PROVIDE FASTER RESULTS FOR NUTRITIONAL DEFICIENCIES130
TABLE 61OTHER MODES OF APPLICATION: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)130
TABLE 62OTHER MODES OF APPLICATION: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)130
10BIOFERTILIZERS MARKET, BY FORM131
10.1INTRODUCTION132
FIGURE 39LIQUID SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD132
TABLE 63BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)133
TABLE 64BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)133
10.2LIQUID BIOFERTILIZERS133
10.2.1INCREASE IN TOLERANCE LIMITS OF LIQUID BIOFERTILIZERS TO DRIVE DEMAND133
TABLE 65LIQUID: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)134
TABLE 66LIQUID: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)134
10.3CARRIER-BASED BIOFERTILIZERS135
10.3.1LOW SHELF LIFE TO INHIBIT MARKET GROWTH135
TABLE 67CARRIER-BASED: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)135
TABLE 68CARRIER-BASED: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)136
11BIOFERTILIZERS MARKET, BY MICROORGANISM137
11.1INTRODUCTION137
11.2RHIZOBIUM137
11.3AZOSPIRILLUM138
11.4AZOTOBACTER138
11.5OTHER TYPES OF MICROORGANISM139
12BIOFERTILIZERS MARKET, BY REGION140
12.1INTRODUCTION141
FIGURE 40SPAIN IS PROJECTED TO WITNESS HIGHEST GROWTH RATE AMONG COUNTRY-LEVEL MARKETS142
TABLE 69BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)142
TABLE 70BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)143
TABLE 71BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (KT)143
TABLE 72BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (KT)143
12.2NORTH AMERICA144
FIGURE 41NORTH AMERICA: REGIONAL SNAPSHOT145
12.2.1RECESSION IMPACT ANALYSIS145
FIGURE 42NORTH AMERICA: RECESSION IMPACT ANALYSIS SNAPSHOT147
TABLE 73NORTH AMERICA: BIOFERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)147
TABLE 74NORTH AMERICA: BIOFERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)148
TABLE 75NORTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)148
TABLE 76NORTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)148
TABLE 77NORTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)149
TABLE 78NORTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)149
TABLE 79NORTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)149
TABLE 80NORTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)150
TABLE 81NORTH AMERICA: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)150
TABLE 82NORTH AMERICA: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)150
TABLE 83NORTH AMERICA: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)151
TABLE 84NORTH AMERICA: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)151
12.2.2US151
12.2.2.1Strengthening supply channels of organic products for food industries to drive demand for biofertilizers151
TABLE 85US: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)152
TABLE 86US: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)152
TABLE 87US: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)152
TABLE 88US: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)153
12.2.3CANADA153
12.2.3.1Rise in organic farmlands to encourage biofertilizer manufacturers to increase production capacity153
TABLE 89CANADA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)154
TABLE 90CANADA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)154
TABLE 91CANADA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)155
TABLE 92CANADA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)155
12.2.4MEXICO155
12.2.4.1Rise in exports of fruits & vegetables to increase adoption of biofertilizers among small organic producers155
TABLE 93MEXICO: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)156
TABLE 94MEXICO: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)156
TABLE 95MEXICO: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)157
TABLE 96MEXICO: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)157
12.3EUROPE157
FIGURE 43EUROPE: BIOFERTILIZERS MARKET SNAPSHOT159
12.3.1RECESSION IMPACT ANALYSIS160
FIGURE 44EUROPE: BIOFERTILIZERS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT161
TABLE 97EUROPE: BIOFERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)162
TABLE 98EUROPE: BIOFERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)162
TABLE 99EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)163
TABLE 100EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)163
TABLE 101EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)163
TABLE 102EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)164
TABLE 103EUROPE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)164
TABLE 104EUROPE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)164
TABLE 105EUROPE: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)165
TABLE 106EUROPE: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)165
TABLE 107EUROPE: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)165
TABLE 108EUROPE: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)165
12.3.2GERMANY166
12.3.2.1Early adoption of EU agricultural standards and policies to drive growth of nitrogen-fixing biofertilizers market166
TABLE 109GERMANY: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)166
TABLE 110GERMANY: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)167
TABLE 111GERMANY: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)167
TABLE 112GERMANY: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)167
12.3.3FRANCE168
12.3.3.1Need for sustainable crop production to encourage farmers to opt for organic practices168
TABLE 113FRANCE: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)169
TABLE 114FRANCE: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)169
TABLE 115FRANCE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)169
TABLE 116FRANCE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)170
12.3.4ITALY170
12.3.4.1Government initiatives to provide financial support to farmers170
TABLE 117ITALY: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)171
TABLE 118ITALY: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)171
TABLE 119ITALY: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)171
TABLE 120ITALY: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)172
12.3.5SPAIN172
12.3.5.1Increase in R&D activities to provide innovative products172
TABLE 121SPAIN: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)173
TABLE 122SPAIN: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)173
TABLE 123SPAIN: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)173
TABLE 124SPAIN: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)174
12.3.6UK174
12.3.6.1Increased awareness pertaining to need for sustainable farming practices174
TABLE 125UK: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)175
TABLE 126UK: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)175
TABLE 127UK: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)175
TABLE 128UK: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)176
12.3.7RUSSIA176
12.3.7.1Increased focus on production capacity of biofertilizers among agri-input players176
TABLE 129RUSSIA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)177
TABLE 130RUSSIA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)177
TABLE 131RUSSIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)177
TABLE 132RUSSIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)178
12.3.8NETHERLANDS178
12.3.8.1Biological inputs to witness increase in application in greenhouse cultivation178
TABLE 133NETHERLANDS: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)179
TABLE 134NETHERLANDS: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)179
TABLE 135NETHERLANDS: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)179
TABLE 136NETHERLANDS: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)180
12.3.9REST OF EUROPE180
12.3.9.1High focus on increasing production capacity of biofertilizers among agri-input players180
TABLE 137REST OF EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)180
TABLE 138REST OF EUROPE: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)181
TABLE 139REST OF EUROPE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)181
TABLE 140REST OF EUROPE: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)181
12.3.10ASIA PACIFIC182
12.3.11RECESSION IMPACT ANALYSIS182
FIGURE 45ASIA PACIFIC: BIOFERTILIZERS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT183
TABLE 141ASIA PACIFIC: BIOFERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)184
TABLE 142ASIA PACIFIC: BIOFERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)184
TABLE 143ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)184
TABLE 144ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)185
TABLE 145ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)185
TABLE 146ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)185
TABLE 147ASIA PACIFIC: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)186
TABLE 148ASIA PACIFIC: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)186
TABLE 149ASIA PACIFIC: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)186
TABLE 150ASIA PACIFIC: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)186
TABLE 151ASIA PACIFIC: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)187
TABLE 152ASIA PACIFIC: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)187
12.3.11.1India187
TABLE 153INDIA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)188
TABLE 154INDIA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)188
TABLE 155INDIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)188
TABLE 156INDIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)189
12.3.12JAPAN189
12.3.12.1Increase in focus on rice production using both traditional and modern practices to drive demand189
TABLE 157JAPAN: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)189
TABLE 158JAPAN: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)190
TABLE 159JAPAN: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)190
TABLE 160JAPAN: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)190
12.3.12.2China191
TABLE 161CHINA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)191
TABLE 162CHINA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)191
TABLE 163CHINA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)192
TABLE 164CHINA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)192
12.3.12.3Thailand192
TABLE 165THAILAND: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)192
TABLE 166THAILAND: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)193
TABLE 167THAILAND: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)193
TABLE 168THAILAND: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)193
12.3.12.4Australia194
TABLE 169AUSTRALIA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)194
TABLE 170AUSTRALIA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)194
TABLE 171AUSTRALIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)195
TABLE 172AUSTRALIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)195
12.3.12.5Indonesia195
TABLE 173INDONESIA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)196
TABLE 174INDONESIA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)196
TABLE 175INDONESIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)196
TABLE 176INDONESIA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)197
12.3.13REST OF ASIA PACIFIC197
12.3.13.1Increasing awareness regarding sustainable farming practices to drive market197
TABLE 177REST OF ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)197
TABLE 178REST OF ASIA PACIFIC: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)198
TABLE 179REST OF ASIA PACIFIC: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)198
TABLE 180REST OF ASIA PACIFIC: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)198
12.3.14SOUTH AMERICA199
12.3.15RECESSION IMPACT ANALYSIS199
FIGURE 46SOUTH AMERICA: BIOFERTILIZERS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT200
TABLE 181SOUTH AMERICA: BIOFERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)200
TABLE 182SOUTH AMERICA: BIOFERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)201
TABLE 183SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)201
TABLE 184SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)201
TABLE 185SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)202
TABLE 186SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)202
TABLE 187SOUTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)202
TABLE 188SOUTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (MILLION)203
TABLE 189SOUTH AMERICA: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)203
TABLE 190SOUTH AMERICA: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)203
TABLE 191SOUTH AMERICA: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)204
TABLE 192SOUTH AMERICA: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)204
12.3.15.1Brazil204
TABLE 193BRAZIL: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)205
TABLE 194BRAZIL: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)205
TABLE 195BRAZIL: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)205
TABLE 196BRAZIL: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)206
12.3.16ARGENTINA206
12.3.16.1High market penetration with help of local companies206
TABLE 197ARGENTINA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)207
TABLE 198ARGENTINA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)207
TABLE 199ARGENTINA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)207
TABLE 200ARGENTINA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)208
12.3.17REST OF SOUTH AMERICA208
12.3.17.1Biofertilizers to be used as agricultural solutions for enhancing crop productivity208
TABLE 201REST OF SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)209
TABLE 202REST OF SOUTH AMERICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)209
TABLE 203REST OF SOUTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)209
TABLE 204REST OF SOUTH AMERICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)210
12.3.18ROW210
12.3.19RECESSION IMPACT ANALYSIS210
FIGURE 47ROW: BIOFERTILIZERS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT212
TABLE 205ROW: BIOFERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)212
TABLE 206ROW: BIOFERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)213
TABLE 207ROW: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)213
TABLE 208ROW: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)213
TABLE 209ROW: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)214
TABLE 210ROW: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)214
TABLE 211ROW: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)215
TABLE 212ROW: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)215
TABLE 213ROW: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)215
TABLE 214ROW: BIOFERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)216
TABLE 215ROW: BIOFERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)216
TABLE 216ROW: BIOFERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)216
12.3.20AFRICA216
TABLE 217AFRICA: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)217
TABLE 218AFRICA: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)217
TABLE 219AFRICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)218
TABLE 220AFRICA: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)218
12.3.21MIDDLE EAST218
TABLE 221MIDDLE EAST: BIOFERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)219
TABLE 222MIDDLE EAST: BIOFERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)219
TABLE 223MIDDLE EAST: BIOFERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)219
TABLE 224MIDDLE EAST: BIOFERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)220
13COMPETITIVE LANDSCAPE221
13.1OVERVIEW221
13.2STRATEGIES ADOPTED BY KEY PLAYERS222
13.3MARKET SHARE ANALYSIS223
TABLE 225BIOFERTILIZERS MARKET: DEGREE OF COMPETITION224
13.4COMPANY REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022224
FIGURE 48REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 (USD MILLION)224
13.5COMPANY EVALUATION QUADRANT (KEY PLAYERS)225
13.5.1STARS225
13.5.2EMERGING LEADERS225
13.5.3PERVASIVE PLAYERS225
13.5.4PARTICIPANTS225
FIGURE 49BIOFERTILIZERS MARKET, COMPANY EVALUATION QUADRANT, 2022 (KEY PLAYERS)226
13.5.5PRODUCT FOOTPRINT227
TABLE 226BIOFERTILIZERS: TYPE FOOTPRINT OF KEY PLAYERS227
TABLE 227BIOFERTILIZERS: FORM FOOTPRINT OF KEY PLAYERS228
TABLE 228BIOFERTILIZERS: MODE OF APPLICATION FOOTPRINT OF KEY PLAYERS229
TABLE 229BIOFERTILIZERS: REGION FOOTPRINT OF KEY PLAYERS229
TABLE 230BIOFERTILIZERS: OVERALL FOOTPRINT OF KEY PLAYERS230
13.6START-UP/SME EVALUATION QUADRANT (OTHER PLAYERS)231
13.6.1PROGRESSIVE COMPANIES231
13.6.2STARTING BLOCKS231
13.6.3RESPONSIVE COMPANIES231
13.6.4DYNAMIC COMPANIES231
FIGURE 50BIOFERTILIZERS MARKET: COMPANY EVALUATION QUADRANT, 2022 (OTHER PLAYERS)232
13.6.5COMPETITIVE BENCHMARKING OF OTHER PLAYERS233
TABLE 231DETAILED LIST OF OTHER PLAYERS233
TABLE 232COMPETITIVE BENCHMARKING (OTHER PLAYERS), 2021234
13.7COMPETITIVE SCENARIO235
13.7.1PRODUCT LAUNCHES235
TABLE 233BIOFERTILIZERS MARKET: PRODUCT LAUNCHES, 2018–2022235
13.7.2DEALS236
TABLE 234BIOFERTILIZERS MARKET: DEALS, 2
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