Press release
Global Biofertilizer Market Insights and Forecast to 2028
Biofertilizer Market Outlook 2028The global Biofertilizer market size is estimated to be worth US$ 2748.6 million in 2022 and is forecast to a readjusted size of US$ 4459.5 million by 2028 with a CAGR of 8.4% during the review period. Fully considering the economic change by this health crisis, Nitrogen-Fixing accounting for % of the Biofertilizer global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Grains segment is altered to an % CAGR throughout this forecast period. Biofertilizer has a low concentration. The top five companies account for more than 12% of market share. Novozymes, Agri Life, Symborg, xi'an Delong Bio-industry and Maboshi are the of the biggest companies of Biofertilizer. Novozymes is the largest manufacturer, with the market share of about 4%.
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China is the largest consumption region, with a consumption market share of nearly 30%. Following China, USA is the second largest consumption area with the consumption market share of about 26%. In terms of application, biofertilizer can be applied in cereals & grains, pulses & oilseeds, fruits & vegetables and other. Pulses & oilseeds accounted for the largest market with about 45% of the global consumption for biofertilizer.
In terms of production side, this report researches the Biofertilizer capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028. In terms of sales side, this report focuses on the sales of Biofertilizer by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Biofertilizer Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
Biofertilizer Market By Type
Nitrogen-Fixing
Phosphate-Solubilizing
Potash-Mobilizing
Others
Biofertilizer Market By Application
Grains
Pulses & Oilseeds
Fruits & Vegetables
Others
Consequences of Covid 19 Pandemic
The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and production/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Biofertilizer market back to the pre-covid levels.
Ammonia Market Trends & Prospects
In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.
Biofertilizer Market Production by Region
North America
Europe
China
Biofertilizer Market Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Competitive Outlook
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices.
Biofertilizer Market By Company
Novozymes
Biomax
RIZOBACTER
Agri Life
Symborg
National Fertilizers Limited
Batian
Xi'an Delong Bio-industry
Maboshi
Fertilzer King
Jinggeng Tianxia
Taigu Biological
Taibao Biological
Genliduo Bio-Tech
Beijing Leili Group
Qingdong Nongke
Yunye
Aokun Biological
XinJiang StarSeed Science and Technology
Laimujia
SIMILAR REPORTS
https://reports.valuates.com/market-reports/ALLI-Manu-0W45/pest-control
https://reports.valuates.com/market-reports/QYRE-Auto-24N8793/global-urea-fertilizers
https://reports.valuates.com/market-reports/QYRE-Auto-6H1664/global-biological-organic-fertilizer
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