Precision Business Insights has published a report on the global biofertilizers market, estimating its value at USD 2.5 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 8.5% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-biofertilizers-market

Market Definition:

When applied to seeds, plant surfaces, or soil, a biofertilizer is a material that contains living microorganisms that colonize the rhizosphere or the inside of the plant and increase the supply or availability of primary nutrients, hence promoting development.

Drivers:

1) Growing demand for sustainable agriculture.
2) Increasing organic farmland area.

The global biofertilizers market segmentation:

1) By Type: Phosphate-solubilizing, Nitrogen-fixing, Potash-mobilizing, Others (Sulphur-solubilizing biofertilizers boron, and zinc.
2) By Crop Type: Pulses & oilseeds, Cereals & grains, Fruits & vegetables, Others ( fiber crops, turf & ornamentals plantation crops, silage & forage crops)
3) By Microorganism: (Azotobacter, Rhizobium, Azospirillum, Phosphate-solubilizing bacteria, Cyanobacteria, Others (aulosira, nostoc Azolla, Anabaena, and tolypothrix),
4) By Application: Seed treatment, Soil treatment, Others (set treatment, foliar treatment, root dipping, and seedling root treatment.

Regional Overview:
The report also examines the current concerns and their Future Effects on the biofertilizers market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the biofertilizers market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Novozymes A/S | UPL Limited | Chr. Hansen Holding A/S | Syngenta AG | T. Stanes & Company Ltd | Lallemand Inc. | Rizobacter Argentina S.A. | Vegalab SA | IPL Biologicals Ltd | Kiwa Bio-Tech Products Group Corp | Nutramax Laboratories Inc | Manidharma Biotech Pvt Ltd | Biomax Naturals | Bioceres S.A. | BioWorks Inc | SOM Phytopharma (India) | Chambal Fertilizers & Chemicals Ltd | National Fertilizers Ltd | Nagarjuna Fertilizers | Gujarat State Fertilizers & Chemicals | Madras Fertilizers Ltd | Kan Biosys | AgriLife (E.I.D. Parry) | AGBIO | Symborg | Novobiom | Mapleton Agri Biotech | Seipasa | T. Firmenich BioSolutions | Valent BioSciences | Andermatt Biocontrol | ASL (Agri Life Science) | Green Planet Bio Products | Varsha Bioscience | Prathista Industries | Hi-Tech Bio | Jaipur BioFertilizers | Biotech International Ltd | Sushila BioFertilizer Co | Camson Bio Technologies | Biomax GreenZymes | AgroFresh | Ecowa Biofert | Microbax India | Nova Agri Sciences | Rhizocell | Rizol | Agrinos | MicroBiotech Labs

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