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Azotobacter-based Biofertilizer Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 127
  • SKU: IRTNTR74086
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The azotobacter-based biofertilizer market share is expected to increase by USD 146.31 million from 2021 to 2026, at a CAGR of 8.4%.

This azotobacter-based biofertilizer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers azotobacter-based biofertilizer market segmentation by application (fruits and vegetables, cereals and grains, oilseeds and pulses, and others) and geography (Europe, APAC, North America, South America, and Middle East and Africa). The azotobacter-based biofertilizer market report also offers information on several market vendors, including Agrinos AS, Apple agro, Ezzy Bioscience Pvt. Ltd., Green Vision Life Sciences Pvt. Ltd., Gujarat State Fertilizers and Chemicals Ltd., Kiwa Bio Tech Products Group Corp., Lallemand Inc., MADRAS FERTILIZERS LTD., National Fertilizers Ltd., Novozymes AS, Phms Technocare Pvt Ltd., Rashtriya Chemicals and Fertilizers Ltd., Rizobacter Argentina S.A., SOM Phytopharma India Ltd., T.Stanes and Co. Ltd., Unisun Agro Pvt. Ltd., and Universal Industries among others.

What will the Azotobacter-based Biofertilizer Market Size be During the Forecast Period?

Azotobacter-based Biofertilizer Market Size

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Azotobacter-based Biofertilizer Market: Key Drivers, Trends, and Challenges

The growing demand for biofertilizers in the agricultural industry is notably driving the azotobacter-based biofertilizer market growth, although factors such as the growing need to conduct further research to explore the potential of azotobacter may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the azotobacter-based biofertilizer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Azotobacter-based Biofertilizer Market Driver

  • The growing demand for biofertilizers in the agricultural industry is one of the factors driving the azotobacter-based biofertilizer market growth.
  • Soil quality has decreased in the agriculture industry in recent years, owing to the high rate of utilization of chemical fertilizers. Therefore, the agriculture industry is focused on limiting the utilization of chemical composts and fertilizers and replacing them with organic and bio-based products, including azotobacter-based biofertilizers. 
  • Azotobacter-based biofertilizers are environment-friendly and harmless to the soil, even with extensive use over longer periods. Moreover, the use of azotobacter-based biofertilizers decreases costs and environmental issues.
  • The consumption of organic food has increased due to the outbreak of the COVID-19 pandemic. Thus, the growing consumer demand for organic food products is likely to boost the demand for azotobacter-based biofertilizers in the agricultural industry. 

Key Azotobacter-based Biofertilizer Market Trend

  • Consortium of azotobacter with other microbes is one of the key azotobacter-based biofertilizer market trends fueling the market growth.
  • Azotobacter is a non-symbiotic microbe and enhances crop productivity. Also, they are co-inoculated with other biofertilizers, such as fungal biofertilizers.
  • Various research studies have proven that other microorganisms enhance the plant growth activity of azotobacter-based biofertilizers.
  • The synergistic interactions between the free-living and nitrogen-fixing bacteria, azotobacter arbuscular mycorrhizal (AM) fungi Glomus have been reported by various studies. These studies report the positive impact of inoculating tomato plants with Glomus fasciculatum and azotobacter chroococcum in a consortium on the population of tomato plant growth promoting rhizosphere bacteria. 
  • The consortium of Glomus fasciculatum and azotobacter chroococcum proved to recover the highest populations of bacteria from the rhizosphere of tomato. Thus, the growing consortium of azotobacter with other microbes will augment the growth of the market in focus during the forecast period.

Key Azotobacter-based Biofertilizer Market Challenge

  • Growing need to conduct further research to explore the potential of azotobacter is one of the key factors challenging the azotobacter-based biofertilizer market trends fueling the market growth.
  • Understanding and manipulating the beneficial properties of azotobacter proves to be a key interest for future endeavors to enhance crop productivity and crop improvement. However, not enough research studies have been conducted to understand and explore the potential of azotobacter.
  • The potential of azotobacter has not been utilized despite being an active ingredient in several high-value applications in the agricultural industry. Well, the lack of research and development (R&D) activities can lead to the slow development of azotobacter-based biofertilizers. 
  • The growth of the agricultural industry and the growing demand for biofertilizers have increased the pressure on vendors to provide low-cost and sustainable alternatives to chemical fertilizers. Thus, there is an urgent and pressing need to conduct more research studies.
  • Vendors and researchers are posed with challenges, such as extracting the maximum benefits from azotobacter-based biofertilizers and finding plant genotypes that are compatible and form a good association with azotobacter. Thus, extensive research is needed to explore the potential of azotobacter and help develop, commercialize, and enable large-scale and low-cost production of azotobacter-based biofertilizers. Such factors may challenge the market growth during the forecast period.

This azotobacter-based biofertilizer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global azotobacter based biofertilizer market as a part of the global fertilizers and agricultural chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the azotobacter-based biofertilizer market during the forecast period.

Who are the Major Azotobacter-based Biofertilizer Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Agrinos AS
  • Apple agro
  • Ezzy Bioscience Pvt. Ltd.
  • Green Vision Life Sciences Pvt. Ltd.
  • Gujarat State Fertilizers and Chemicals Ltd.
  • Kiwa Bio Tech Products Group Corp.
  • Lallemand Inc.
  • MADRAS FERTILIZERS LTD.
  • National Fertilizers Ltd.
  • Novozymes AS
  • Phms Technocare Pvt Ltd.
  • Rashtriya Chemicals and Fertilizers Ltd.
  • Rizobacter Argentina S.A.
  • SOM Phytopharma India Ltd.
  • T.Stanes and Co. Ltd.
  • Unisun Agro Pvt. Ltd.
  • Universal Industries

 

This statistical study of the azotobacter-based biofertilizer market encompasses successful business strategies deployed by the key vendors. The azotobacter-based biofertilizer market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Green Vision Life Sciences Pvt. Ltd. - Under the agriculture division, the company offers sustainable solutions to manage plant health and productivity such as biofertilizers, biopesticides, and spray adjuvants.
  • Green Vision Life Sciences Pvt. Ltd. - The company offers azotobacter-based biofertilizers namely MicroMix Biofert I Lit. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The azotobacter-based biofertilizer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Azotobacter-based Biofertilizer Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the azotobacter-based biofertilizer market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for the Azotobacter-based Biofertilizer Market?

Azotobacter-based Biofertilizer Market Share by Geography

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34% of the market’s growth will originate from Europe during the forecast period. Germany and France are the key markets for azotobacter-based biofertilizer in Europe. Market growth in this region will be slower than the growth of the market in APAC.

The flourishing agricultural industry will facilitate the azotobacter-based biofertilizer market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The consumption of organic food products increased in Europe due to the outbreak of the COVID-19 pandemic in 2020. According to the Research Institute of Organic Agriculture (FiBL)'s report, in the UK, organic food sales increased by 18% between April 2020 and June 2020. Thus, the trend of consuming immunity-boosting and organic food products continued in 2021 is expected to boost the market growth during the forecast period. 

What are the Revenue-generating Application Segments in the Azotobacter-based Biofertilizer Market?

Azotobacter-based Biofertilizer Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The azotobacter-based biofertilizer market share growth in the fruits and vegetables segment will be significant during the forecast period. Azotobacter-based biofertilizers improve the health of fruits and vegetables through nitrogen fixation, phosphate solubilization, and others. Owing to these beneficial properties, azotobacter is considered one of the best biofertilizers for the environmentally friendly and sustainable production of fruits and vegetables. Thus, the growing usage of these biofertilizers to improve and enhance crop productivity will augment the growth of the fruits and vegetable segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the azotobacter-based biofertilizer market size and actionable market insights on post COVID-19 impact on each segment.

 

Azotobacter-based Biofertilizer Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 8.4%

Market growth 2022-2026

$ 146.31 million

Market structure

Fragmented

YoY growth (%)

9.93

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

Europe at 34%

Key consumer countries

US, China, India, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Agrinos AS, Apple agro, Ezzy Bioscience Pvt. Ltd., Green Vision Life Sciences Pvt. Ltd., Gujarat State Fertilizers and Chemicals Ltd., Kiwa Bio Tech Products Group Corp., Lallemand Inc., MADRAS FERTILIZERS LTD., National Fertilizers Ltd., Novozymes AS, Phms Technocare Pvt Ltd., Rashtriya Chemicals and Fertilizers Ltd., Rizobacter Argentina S.A., SOM Phytopharma India Ltd., T.Stanes and Co. Ltd., Unisun Agro Pvt. Ltd., and Universal Industries

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Azotobacter-based Biofertilizer Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive azotobacter-based biofertilizer market growth during the next five years
  • Precise estimation of the azotobacter-based biofertilizer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the azotobacter-based biofertilizer industry across Europe, APAC, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of azotobacter-based biofertilizer market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Fruits and vegetables - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Fruits and vegetables - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Fruits and vegetables - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Fruits and vegetables - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Fruits and vegetables - Year-over-year growth 2021-2026 (%)
    • 5.4 Cereals and grains - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Cereals and grains - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Cereals and grains - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Cereals and grains - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Cereals and grains - Year-over-year growth 2021-2026 (%)
    • 5.5 Oilseeds and pulses - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Oilseeds and pulses - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Oilseeds and pulses - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Oilseeds and pulses - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Oilseeds and pulses - Year-over-year growth 2021-2026 (%)
    • 5.6 Others - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Application
      • Exhibit 44: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 US - Market size and forecast 2021-2026
      • Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.11 France - Market size and forecast 2021-2026
      • Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.12 India - Market size and forecast 2021-2026
      • Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 Green Vision Life Sciences Pvt. Ltd.
              • Exhibit 97: Green Vision Life Sciences Pvt. Ltd. - Overview
              • Exhibit 98: Green Vision Life Sciences Pvt. Ltd. - Product / Service
              • Exhibit 99: Green Vision Life Sciences Pvt. Ltd. - Key offerings
            • 10.4 Gujarat State Fertilizers and Chemicals Ltd.
              • Exhibit 100: Gujarat State Fertilizers and Chemicals Ltd. - Overview
              • Exhibit 101: Gujarat State Fertilizers and Chemicals Ltd. - Business segments
              • Exhibit 102: Gujarat State Fertilizers and Chemicals Ltd. - Key offerings
              • Exhibit 103: Gujarat State Fertilizers and Chemicals Ltd. - Segment focus
            • 10.5 Kiwa Bio Tech Products Group Corp.
              • Exhibit 104: Kiwa Bio Tech Products Group Corp. - Overview
              • Exhibit 105: Kiwa Bio Tech Products Group Corp. - Product / Service
              • Exhibit 106: Kiwa Bio Tech Products Group Corp. - Key offerings
            • 10.6 MADRAS FERTILIZERS LTD.
              • Exhibit 107: MADRAS FERTILIZERS LTD. - Overview
              • Exhibit 108: MADRAS FERTILIZERS LTD. - Product / Service
              • Exhibit 109: MADRAS FERTILIZERS LTD. - Key offerings
            • 10.7 National Fertilizers Ltd.
              • Exhibit 110: National Fertilizers Ltd. - Overview
              • Exhibit 111: National Fertilizers Ltd. - Business segments
              • Exhibit 112: National Fertilizers Ltd. - Key offerings
              • Exhibit 113: National Fertilizers Ltd. - Segment focus
            • 10.8 Novozymes AS
              • Exhibit 114: Novozymes AS - Overview
              • Exhibit 115: Novozymes AS - Business segments
              • Exhibit 116: Novozymes AS - Key news
              • Exhibit 117: Novozymes AS - Key offerings
              • Exhibit 118: Novozymes AS - Segment focus
            • 10.9 Phms Technocare Pvt Ltd.
              • Exhibit 119: Phms Technocare Pvt Ltd. - Overview
              • Exhibit 120: Phms Technocare Pvt Ltd. - Product / Service
              • Exhibit 121: Phms Technocare Pvt Ltd. - Key offerings
            • 10.10 SOM Phytopharma India Ltd.
              • Exhibit 122: SOM Phytopharma India Ltd. - Overview
              • Exhibit 123: SOM Phytopharma India Ltd. - Product / Service
              • Exhibit 124: SOM Phytopharma India Ltd. - Key offerings
            • 10.11 Unisun Agro Pvt. Ltd.
              • Exhibit 125: Unisun Agro Pvt. Ltd. - Overview
              • Exhibit 126: Unisun Agro Pvt. Ltd. - Product / Service
              • Exhibit 127: Unisun Agro Pvt. Ltd. - Key offerings
            • 10.12 Universal Industries
              • Exhibit 128: Universal Industries - Overview
              • Exhibit 129: Universal Industries - Product / Service
              • Exhibit 130: Universal Industries - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 131: Inclusions checklist
                • Exhibit 132: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 133: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 134: Research methodology
                • Exhibit 135: Validation techniques employed for market sizing
                • Exhibit 136: Information sources
              • 11.5 List of abbreviations
                • Exhibit 137: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Azotobacter-based Biofertilizer market growth will increase by $146.31 million during 2022-2026.
              The azotobacter-based biofertilizer market is expected to grow at a CAGR of 8.4% during 2022-2026.
              Technavio has segmented the azotobacter-based biofertilizer market by geographic (Europe, APAC, North America, South America, and Middle East and Africa).
              Agrinos AS, Apple agro, Ezzy Bioscience Pvt. Ltd., Green Vision Life Sciences Pvt. Ltd., Gujarat State Fertilizers and Chemicals Ltd., Kiwa Bio Tech Products Group Corp., Lallemand Inc., MADRAS FERTILIZERS LTD., National Fertilizers Ltd., Novozymes AS, Phms Technocare Pvt Ltd., Rashtriya Chemicals and Fertilizers Ltd., Rizobacter Argentina S.A., SOM Phytopharma India Ltd., T.Stanes and Co. Ltd., Unisun Agro Pvt. Ltd., Universal Industries are a few of the key vendors in the azotobacter-based biofertilizer market.
              Europe will register the highest growth rate of 34.26% among the other regions. Therefore, the azotobacter-based biofertilizer market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the azotobacter-based biofertilizer market growth are:
              • Growing demand for biofertilizers in the agricultural industry
              • Consortium of azotobacter with other microbes
              The azotobacter-based biofertilizer market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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