Biofertilizers Market - Detailed Study Analysis and Forecast by 2024

BIOFERTILIZERS MARKET
GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2024

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Biofertilizers Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Introduction
Report Description
The Global Biofertilizers Market was sized near USD X.X billion in 2017. The global
biofertilizers market is projected to grow with a CAGR of 13.5% during 2018-2024.
Biofertilizers are the preparations containing living cells of microorganisms that helps the
plants to intake essential nutrients by their interactions in the rhizosphere when applied
through seed. Moreover, the traditionally used bio fertilizers are Rhizobium, Azotobacter,
Azospirillum, and blue green algae (BGA). Furthermore, the microorganisms in bio-fertilizers
restore the soil's natural nutrient cycle and build soil organic matter. The main benefits of
using bio fertilizers, as they are cost-effective relative to chemical fertilizers and lower
manufacturing costs, especially regarding nitrogen and use of phosphorous. Bio-fertilizers
add nutrients through the natural processes of nitrogen fixation, solubilizing phosphorus, and
stimulating plant growth through the synthesis of growth-promoting substances. In addition,
bio fertilizers destroy harmful components from the soil, which cause disease to the plants
.Hence, plants can be protected against droughts and any other climatic conditions by using
bio fertilizers.
This report estimates the market size of biofertilizers market in terms of value (USD million)
over the period of 2016 to 2024. The year 2017 is considered to be a base year, and 2018 to
2024 is considered to be a forecast period. Moreover, the market sizes for biofertilizers
market in numerous Crop Type is estimated in terms of value. This market research study
provides detailed qualitative and quantitative analysis of the global biofertilizers market.
Additionally, the report provides a comprehensive review of the major market drivers,
restraints, opportunities in the global as well as regional markets of biofertilizers market. The
market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific
and Rest of the World (RoW). The market size and forecasts are also given for these regions.

Countries with major market revenues are covered for each of the region.Furthermore, this
report provides insights into the market using analytical tools such as Porter’s five forces
analysis and DRO analysis of biofertilizers market. Moreover, the study highlights current
market trends and provides forecast from 2018 to 2024. We also have highlighted future
trends in the global biofertilizers market that will impact the demand during the forecast
period. The IGR- Growth Matrix analysis provided in this report highlights key investing
markets in the world. This report will help manufacturers, suppliers and distributors to
understand the present and future trends in this market and formulate their strategies
accordingly.
Segmentation and Research Scope
BIOFERTILIZERS MARKET SEGMENTATION
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BIOFERTILIZERS MARKET
Crop Type
 Cereals & Grains
 Fruits & Vegetables
 Pulses & Oilseeds
 Others
Product
 Nitrogen fixing
 Phosphate
solubilizing
 Others
Application
 Seed Treatment
 Soil Treatment
 Others
Region
 North America
 Europe
 Asia Pacific
 RoW
Microorganism
 Azospirillium
 Azotobacter
 Rhizobium
 Phosphate-
Solubilizing Bacteria
 Cyanobacteria
 Others

The report on global biofertilizers market covers microorganism, crop type, product, and
application. The microorganism segments include azospirillium, azotobacter, rhizobium,
phosphate-solubilizing bacteria, cyanobacteria, and others. On the basis of crop type the
global biofertilizers market is categorized into cereals & grains, fruits & vegetables, pulses &
oilseeds, and others. Furthermore, on the basis of product the biofertilizers market is
segmented as nitrogen fixing, phosphate solubilizing, and others. On the basis of application
the biofertilizers market is segmented as seed treatment, soil treatment, and others.
Research Methodology
Methodology
Infinium Global Research published reports are based on extensive primary and secondary
research methods. The research begins with extensive exploration through secondary
sources followed by primary research. With these research methods we were able to
estimate the market size of the biofertilizers market, to identify the factors that promote the
growth in this market as well as the factors that hamper the growth in the market.
Research Methodology: An Outline
PRIMARY RESEARCH
Primary source of the information and data include
 Industry Experts/consultants
 Top level executives in the key market players
 Subject matter experts
 Academicians and research scholars
SECONDARY RESEARCH
Secondary sources of the information and data include
 Company annual reports
 Government/institutional publications
 Trade and associations journals
 Databases
 Websites and publications by research agencies
 Others

RESEARCH APPROACHES- BOTTOM UP
RESEARCH APPROACHES- TOP-DOWN
 Accumulation of the regional/country market size and
microorganism, crop type, product, application (value)
 Identifying key players in the biofertilizers market
 Segment revenue of the key players
 Country level market size by microorganism, crop type,
product, application
 Accumulation of the country level market size (value)
 Regional market size of biofertilizers and its microorganism,
crop type, product, application
Arriving at
Global Market Size
Market Share
of Key Players
Key Market
Players
Arriving at
Regional/Country
Market Size
BOTTOM-UP APPROACH
 Country level market size of the biofertilizers market in every
region (value)
 Country level market size of microorganism, crop type,
product, application in every region
 Regional market size of the biofertilizers market (value)
 Regional market size of microorganism, crop type, product,
application
 % breakdown by market segments by microorganisme, crop
type, Product, application
 Value for 2017 and 2024
 Global market size of biofertilizers market
 Value for 2017 to 2024
Country
Level Market
Sizing
TOP-DOWN APPROACH
Market Segments
Global Market
Determine the
Regional Market
Size

The study on global biofertilizers market provides deep insights into the trends and
opportunities in the market for the forecast period 2018 to 2024. Moreover, the market
estimates are provided in terms of revenue in USD million. Furthermore, the research covers
the analysis of the various segments in the global biofertilizers market. The estimates in the
global biofertilizers market are based on both bottom-up and top-down approaches. In the
bottom-up approach the revenues of the key players are determined and added to arrive at
country or regional markets size. The country market sizes added to arrive at the regional
market size. Further, the market size of the regions is added to arrive at the global market
size of biofertilizers market.
In the top-down approach the global market size is estimated based on the secondary
research and historic data. Using this approach the regional market size is obtained by
splitting the global number by percentage share of each region such as North America,
Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share
of the microorganism, crop type.
IGR- RESEARCH METHOD AND DATA TRIANGULATION
PRIMARY SOURCES
 Top executives of end-use
industries
 Intermediaries
DemandSide
 C-level executives in the leading
manufacturing product of
biofertilizers.
 Product managers
 Sales managers
 Industry consultants
 Distributors/Suppliers
SupplySide
SECONDARY SOURCES
 Industry Publications
 Government Agencies' Publications
 Industry news
 Data sources
GeneralPublications
 Annual Reports
 Presentations
 Company Websites
 Press Releases
 News Articles
 Journals
 Paid Databases
Company
Publication
Infinium's
Data Bank/
Know How
Primary
Research
Secondary
Research
DATA TRIANGULATION &
INFORMATION SOURCES

The market size of biofertilizers is determined based on the top down approach. The market
size is validated using primary interview with the participants working in some of the leading
players in the biofertilizers market. The primary interview participants typically includes
managers and CXO level executives of the leading players in this market. The primary
interviews not only help identify the market size of the biofertilizers market but also identify
the factors that promote the growth in the market and the factors that restrain the growth
in this market. The views of primary respondents were reconciled to provide qualitative
analysis of the biofertilizers market. The primary respondents also help identifying top 5-10
players and their possible market share in the respective country markets and in world
market. The bottom-up approach is used to validate the global market size of biofertilizers.
With the help of primary interviews and secondary research the market size of biofertilizers
is determined for each country studied, which then is added to arrive at regional market size
and there by obtaining global market size. This in turn helps us to validate the market size of
biofertilizers in the world market.
Executive Summary
Global Biofertilizers Market Highlights, (USD Million)
The global biofertilizers market is expected to grow at a CAGR of 13.5 % between 2018 and
2024 in terms of value. Increasing adoption of bio fertilizers in soil fertility management
activities is driving the bio fertilizers market. Additionally, rising environment awareness and
increasing demand for organic foods is anticipated to fuel the biofertilizers market over the
upcoming years. However, the conventional method is highly dependent upon pesticides and
chemical fertilizers that are primarily used to increase the yield of the crop .Hence this
directly harms the environment causing pollution, which is anticipated to be the factor
restraining the growth of the bio fertilizers market. Furthermore, farmers have started using
bio fertilizers as a replacement to chemical fertilizers as it helps in sustaining the nutrient
generation cycle of the soil. This in turn is creating huge growth opportunities in the
development for bio fertilizers, especially in cereal & grain cultivation.
Among the geographies, North America is anticipated to be the largest market in bio
fertilizers followed by Europe. Moreover, the European Common Agricultural Policy

stimulates the use of bio-based products along with organic farming and provides up to 30%
of the budget as direct green payment to farmers with supportable agricultural practices.
Moreover, the government of India has introduced the National Mission of Sustainable
Development (NMSA) to promote the use of bio-based products in this country. On the other
hand, rising awareness regarding hazards associated with chemical fertilizers and
atmospheric pollution has resulted in the high consumption of products in the North
American market. Owing to the overall advancements and increase in population market
for bio fertilizers is expected to flourish in the Asia Pacific regions over the years to come.
The leading players in the global biofertilizers market include National Fertilizers Ltd,
Antibiotice S.A., Growing Power Hairy Hill, Lallemand Inc., Nutramax Laboratories Inc,
Labiofam Grupo Empreserial, AgriLife, Mapleton Agri Biotech Private Ltd, Biomax, and
Rizobacter Argentina S.A.
GLOBAL BIOFERTILIZERS MARKET, 2016 - 2024 (USD MILLION)
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following link, Use code IGRD15 to request the discount in the given form @
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2016 2017 2018 2019 2020 2021 2022 2023 2024
Value

Market Overview & Competitiveness
DRO Analysis
DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying
the factors that are likely to have impact on the global biofertilizers market. It covers analysis
of short term and long term impact of drivers and restraints. Through this analysis both short
term and long term opportunities are identified. These opportunities present the investment
options and new markets for the market players in the biofertilizers market.
Drivers refer to the factors that are expected to drive or boost the market size or demand for
biofertilizers. The analysis involves identification of both demand side and supply side factors
that drive the demand as well as environmental factor that favor the market conditions for
growth of biofertilizers market both in short run and long run.
DRIVERS OF BIOFERTILIZERS MARKET, IMPACT ANALYSIS
RESTRAINTS OF BIOFERTILIZERS MARKET, IMPACT ANALYSIS
DRIVERS
SHORT TERM
IMPACT
MID TERM
IMPACT
LONG TERM
IMPACT
Driver 1
Driver 2
Driver 3
HIGH MEDIUM LOW
RESTRAINTS
SHORT TERM
IMPACT
MID TERM
IMPACT
LONG TERM
IMPACT
Restraint 1
Restraint 2
HIGH MEDIUM LOW

IGR- Growth Matrix Analysis
Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix
helps understand the market situation of the business segments. It helps identify the most
attractive segment for the investment purpose and helps the companies to make better
decisions in strategy making. The IGR- Growth Matrix presents the zones that define the
position of the Microorganism segment and Device segment or region based on the market
size, growth anticipated and the growth factors & historic growth. Following are the zones
that IGR- Growth Matrix considers
 Risky Zone: Low market size and low growth rate. Investment in this segment is
risky
 Retention Zone: High market size and low growth rate, the companies operating
in this segment should retain their investments in this segment. Companies may
focus on extensive marketing and advertisements
 Consolidation zone: High growth rate and high market size, the companies
operating in the segments that have high market size and high growth should
focus on consolidating their market position in these segment. Mergers and
acquisitions, extensive marketing programs, and new Microorganism
developments can be used as marketing strategies to consolidate the market in
these segments.
 Opportunity Zone: High growth low market size
 Safe Zone: Moderate growth and moderate market size.

IGR- GROWTH MATRIX ANALYSIS
GLOBAL BIOFERTILIZERS MARKET BY CROP TYPE, 2017- 2024 (REVENUE % SHARE)
Growth Rate
Market Size
Low High
Low
High
Opportunity Zone Consolidation Zone
Risky Zone Retention Zone
North America Europe
Asia-Pacific RoW
2024
Cereals & Grains
Fruits & Vegetables
Pulses & Oilseeds
Others
2017

GLOBAL BIOFERTILIZERS MARKET BY CROP TYPE, 2016 - 2024 (USD MILLION)
GLOBAL CEREALS & GRAINS MARKET BY REGION, 2016 - 2024 (USD MILLION)
2016 2017 2018 2024
Cereals & Grains Fruits & Vegetables Pulses & Oilseeds Others
2016 2017 2018 2024
North America Europe Asia-Pacific RoW

GLOBAL FRUITS & VEGETABLES MARKET BY REGIONS, 2016 - 2024 (USD MILLION)
GLOBAL PULSES & OILSEEDS MARKET BY REGIONS, 2016 - 2024 (USD MILLION)
2016 2017 2018 2024
2016 2017 2018 2024

GLOBAL OTHERS MARKET BY REGIONS, 2016 - 2024 (USD MILLION)
GLOBAL BIOFERTILIZERS MARKET BY REGION, 2017- 2024 (REVENUE % SHARE)
2016 2017 2018 2024
2024
North America
Europe
Asia-Pacific
RoW
2017

GLOBAL BIOFERTILIZERS MARKET BY REGION, 2016 - 2024 (USD MILLION)
NORTH AMERICA BIOFERTILIZERS MARKET BY CROP TYPE, 2016 - 2024 (USD MILLION)
2016 2017 2018 2024
2016 2017 2018 2024
Cereals & Grains Fruits & Vegetables Pulses & Oilseeds Others

Company Profiling
National Fertilizers Ltd
Browse Detailed Description and Company Mentioned in this Report @
https://www.infiniumglobalresearch.com/chemical-material/global-biofertilizers-market
National Fertilizers Ltd
CONTACT DETAILS:
Address: A-11, Sector-24
Noida, 201301
India
Tele: 91 12 0241 2294
Website: www.nationalfertilizers.com
KEY FEATURES:
No. of Employees: more than xx
No. of countries of operation: xx
PRODUCT PORTFOLIO:
 Product 1
 Product 2
 Product 3
SWOT ANALYSIS:
STRENGHTS
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OPPORTUNITIES
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WEAKNESS
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THREATS
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Biofertilizers Market - Detailed Study Analysis and Forecast by 2024

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