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Biofertilizers Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR70678
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The biofertilizers market size will grow up to $ 1.79 bn at a CAGR of 15% during 2021-2025.

This biofertilizers 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 market segmentations by Product (Nitrogen-fixing biofertilizers, Phosphate-solubilizing biofertilizers, and Others) and Geography (North America, Europe, APAC, South America, and MEA). The biofertilizers market report also offers information on several market vendors, including Agri Life SOM Phytopharma Ltd., Alltech Inc., Blacksmith Bio Science, EnviroKure Liquid Organic Fertilizer, Futureco Bioscience SA, Kiwa Bio Tech Products Group Corp., Lallemand Inc., Novozymes AS, Rashtriya Chemicals and Fertilizers Ltd., and SYMBORG CORPORATE SL among others.

What will the Biofertilizers Market Size be in 2021?

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Biofertilizers Market: Key Drivers and Trends

According to our research output, there has been a negative impact on the market growth post COVID-19 era. Key drivers such as the growing adoption of organic farming are notably supporting the biofertilizers market growth. On the other hand, factors such as decreasing availability of arable land have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic biofertilizers market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Biofertilizers Market Vendors?

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

  • Agri Life SOM Phytopharma Ltd.
  • Alltech Inc.
  • Blacksmith Bio Science
  • EnviroKure Liquid Organic Fertilizer
  • Futureco Bioscience SA
  • Kiwa Bio Tech Products Group Corp.
  • Lallemand Inc.
  • Novozymes AS
  • Rashtriya Chemicals and Fertilizers Ltd.
  • SYMBORG CORPORATE SL

The biofertilizers market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The biofertilizers market is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, 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. Buy the full biofertilizers market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the biofertilizers market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Biofertilizers Market?

Biofertilizers Market Share by Geography

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The biofertilizers market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 25% of the market’s growth will originate from North America during the forecast period. US, China, India, Spain, and Italy are the key markets for biofertilizers market in North America.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is increasing popularity of integrated plant nutrient management. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Biofertilizers Market?

Biofertilizers Market Share by Product

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The biofertilizers market share growth by the __ segment has been significant. The biofertilizers market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides thorough biofertilizers market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the biofertilizers market size.

Biofertilizers Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 15%

Market growth 2021-2025

$ 1.79 billion

Market structure

Fragmented

YoY growth (%)

14.88

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 25%

Key consumer countries

US, China, India, Spain, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Agri Life SOM Phytopharma Ltd., Alltech Inc., Blacksmith Bio Science, EnviroKure Liquid Organic Fertilizer, Futureco Bioscience SA, Kiwa Bio Tech Products Group Corp., Lallemand Inc., Novozymes AS, Rashtriya Chemicals and Fertilizers Ltd., and SYMBORG CORPORATE SL

Market Dynamics

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

Customization purview

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What are the Key Factors Covered in this Biofertilizers Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive biofertilizers market growth during the next five years
  • Precise estimation of the biofertilizers market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the biofertilizers market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of biofertilizers market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Nitrogen-fixing biofertilizers - Market size and forecast 2020-2025
    • Phosphate-solubilizing biofertilizers - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Agri Life SOM Phytopharma Ltd.
      • Alltech Inc.
      • Blacksmith Bio Science
      • EnviroKure Liquid Organic Fertilizer
      • Futureco Bioscience SA
      • Kiwa Bio Tech Products Group Corp.
      • Lallemand Inc.
      • Novozymes AS
      • Rashtriya Chemicals and Fertilizers Ltd.
      • SYMBORG CORPORATE SL

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • 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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      The biofertilizers market growth will increase by $1794.05 million during 2020-2025.
      The biofertilizers market is expected to grow at a CAGR of 15.43% during 2020-2025.
      Technavio has segmented the biofertilizers market by product (Nitrogen-fixing biofertilizers, Phosphate-solubilizing biofertilizers, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
      Agri Life SOM Phytopharma Ltd., Alltech Inc., Blacksmith Bio Science, EnviroKure Liquid Organic Fertilizer, Futureco Bioscience SA, Kiwa Bio Tech Products Group Corp., Lallemand Inc., Novozymes AS, Rashtriya Chemicals and Fertilizers Ltd., SYMBORG CORPORATE SL are a few of the key vendors in the biofertilizers market.
      North America will register the highest growth rate of 24.95% among the other regions. Therefore, the biofertilizers market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the biofertilizers market growth are:
      • Growing adoption of organic farming
      The biofertilizers market vendors should focus on grabbing business opportunities from the nitrogen-fixing biofertilizers segment as it accounted for the largest market share in the base year.
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