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Below are some of the key findings from the bio-fertilizers market analysis report
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The growing adoption of organic farming is one of the critical reasons that will drive bio-fertilizers market growth. The excessive use of chemical fertilizers leads to impaired soil quality. This is compelling farmers to prefer sustainable farming over chemical and inorganic fertilizers to minimize the loss of plant nutrients during crop production. Sustainable farming practices such as organic farming use these fertilizers to enhance crop growth and durability and maintain soil fertility. Initiatives from governments are also encouraging farmers to adopt them by creating awareness about the benefits of organic farming.
Moreover, the advent of liquid bio-fertilizers will contribute to the bio-fertilizers market growth which will register a CAGR of almost 14% during the forecast period. Liquid bio-fertilizers are preferred over carrier-based bio-fertilizers as they have a longer shelf life. They have the tolerance to high temperatures and ultraviolet radiation and have a high microbe density. This is encouraging biofertilizer manufacturers to increase their funding in R&D of liquid bio-fertilizers.
The biofertilizers market is fairly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by biofertilizers manufacturers, the industry analysis report will help clients identify new growth opportunities and design innovative strategies to improve their market share.
The report offers a complete analysis of various companies including:
North America will account for the highest biofertilizers market share throughout the forecast period. The increasing sales of them resulting from the high demand for organic food is one of the major reasons for the high growth of the bio-fertilizers market in the region.
The nitrogen-fixing biofertilizers market segment will account for the highest bio-fertilizers market share because of the growing focus of vendors towards the development of nitrogen-fixing bio-fertilizers to improve the fertility of the soil, increase crop yield, and enhance overall fertilizer application.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
PART 13: APPENDIX
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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