Albany, NY — (PRESS RELEASE JET) — 09/28/2017 — Presently, the market for biofertilizers is advancing due to rising awareness focused at health and environmental benefits. Moreover, a gradual shift from chemical-based farming techniques towards organic practices is also spotted as one of the primary market boosters. To study in-depth about the market trends and growth dynamics, a new report has been added to the vast archive of Market Research Reports Search Engine (MRRSE). The research study is titled “Biofertilizers Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025″, which includes details about the current as well as forecasted market status until 2025.
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Biofertilizers are basically substances which make use of the living micro-organisms and are supplied to seed, plant surfaces, or soil. The primary motive of using biofertilizers is to supply the plants with an adequate amount of nutrients and enhance the quality and yield of the crops. As per key research findings, the global biofertilizers market is estimated to acquire a worth of US$4,092.1 mn by the end of 2025, rising from a valuation of US$1,254.2 mn evaluated in 2016. At this pace, the market is projected to augment at a robust CAGR of 12.9% during the forecast period.
The research report starts with the report scope and research highlights. Further, the executive summary is presented which covers details about the market size (US$ Mn). The readers can also access information about the key industry developments, market indicators along with market influencing factors such as drivers, restraints and opportunities. The Porter’s Analysis is also part of this study which highlights the level of competitiveness in the global bio-fertilizer market.
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The following section discusses the market segmentation in brief. The global bio-fertilizer market is segmented on the basis of product and applications. Under the product segment, the bio-fertilizer market includes nitrogen fixing bio-fertilizer, potassium mobilizing bio-fertilizer and phosphate mobilizing bio-fertilizer. Moreover, on the basis of application, the concerned market is bifurcated into fruits and vegetables, cereals and grains, oil seeds and pulses and others segment comprising nursery turfs and ornamental plants. Further, based on geographical range of the global bio-fertilizer market, North America, Latin America, Europe, Middle East & Africa and Asia Pacific are the primary regions studied in this report. Each of these regions is evaluated considering market value share analysis and market attractiveness.
The final section of the report discusses the competitive landscape concentrating on company profiles of the major players from the worldwide bio-fertilizer sector. Some of the prominent manufacturers analyzed in the report are Novozymes A/S, Agri Life, Italpollina SpA, Symborg S.L., Bio Protan and Camson Biotechnologies Limited.
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