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Biofertilizers Market Projected to Reach $2.31 Billion by 2022
by supriyab · June 20 Phillip Lindsay Broncos Jersey , 2019




Target audience:

Biofertilizer manufacturers Biofertilizer importers and exporters Biofertilizer traders Von Miller Broncos Jersey , distributors, and suppliers Government and research organizations Associations and industry bodies such as Food and Agriculture Organization (FAO), International Fertilizer Industry Association (IFA), The Fertilizer Association of India (FAI), Organic Fertilizer Association of California (OFAC), and Association of American Plant Food Control Officials (AAPFCO)

This market is primarily driven by the growth in the organic food industry and increase in awareness regarding the health hazards caused by the use of chemical fertilizers. Moreover, government agencies are promoting the use of biofertilizers John Elway Broncos Jersey , which has also driven the market growth, globally. However, lack of awareness and low adoption of biofertilizers coupled with poor infrastructure are the major restraining factors in this market.


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Cereals & grains segment to dominate the biofertilizers market


Cereals & grains require maximum biofertilizers for proper growth. Wheat, rice, corn, barley, and oats are the major cereal & grain crops cultivated extensively across the world. Farmers have begun using biofertilizers to replace chemical fertilizers Isaac Yiadom Authentic Jersey , in order to sustain the soil nutrient generation cycle. This approach has increased the demand for biofertilizers, especially for cereal & grain cultivation.


Cyanobacteria segment accounted for the largest share in 2015


Cyanobacteria contain naturally-occurring inputs such as solar energy, nitrogen, and water to ensure better soil fertility and plant growth. Cyanobacteria, through photosynthesis, fix nitrogen from the air and turn it into soluble form for plants. Cyanobacteria fix nitrogen, which is an essential nutrient for plant growth. Cyanobacteria are cost-effective and help increase soil fertility Dre'Mont Jones Authentic Jersey , which is one of the key factors leading to its dominance in the biofertilizers market.


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Growth in organic food industry and increase in farm expenditure: Key to success in the Asia-Pacific and Latin American regions


The Asia-Pacific region holds a significant position in the global biofertilizers market, owing to factors such as growth of the organic food industry, and rise in farm expenditures. China and Brazil constituted the largest country-level markets in the Asia-Pacific and Latin American regions, respectively, in 2015. Government initiatives such as subsidies and incentive schemes, increase in awareness regarding the benefits of biofertilizers, and rise in farm expenditures have led to the large scale manufacturing of biofertilizers in these regions.


This report includes a study of marketing and development strategies Drew Lock Authentic Jersey , along with the product portfolios of leading companies. It includes the profiles of leading companies such as Novozymes AS (Denmark), National Fertilizers Limited (India), Madras Fertilizers Limited (India), Gujarat State Fertilizers & Chemicals Ltd. (India), and Rizobacter Argentina S.A. (Argentina).

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