Biological Organic Fertilizers Market Scope
Biological Organic Fertilizers are resultant from many animal and plant-based residues and mineral these fertilizers are also developed from beneficial microorganisms. These biofertilizers or microbial are the carrier-based which are ready-to-use live bacterial or fungal formulations. It is used to ensure the soil which needs to be cultivated is fertilized with essential. Moreover, it provides the mobilization of various nutrients by their biological activity. Rising agricultural land globally is driving the market.
The market study is segmented by Type (Microorganism (Rhizobium, Azotobacter, Azospirillum, Blue-green Algae, Phosphate solubilizing bacteria, Mycorrhiza, and Others) and Organic Residues (FYM, Crop residues, Green manure, and others)), by Application (Cereals, Legumes, Fruits and Vegetables, Plantations and Others) and major geographies with country level break-up.
Research Analyst at AMA estimates that India Vendors will contribute to the maximum growth of Global Biological Organic Fertilizers market throughout the predicted period.
Novozymes A/S (Denmark), Rizobacter Argentina S.A. (South America), Lallemand Inc. (Canada), National Fertilizers Limited (India), Madras Fertilizers Limited (India), Gujarat State Fertilizers & Chemicals Ltd (India), T Stanes & Company Limited (India), Camson Bio Technologies Limited (India), Rashtriya Chemicals & Fertilizers Ltd (India) and Nutramax Laboratories Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Antibiotice S.A. (Europe), Biomax (India), Symborg (South America) and Agri Life (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Biological Organic Fertilizers market by Type, Application and Region.
On the basis of geography, the market of Biological Organic Fertilizers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Dry will boost the Biological Organic Fertilizers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Animal will boost the Biological Organic Fertilizers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In March 2019, Italpollina SpA announced the acquisition of Horticultural Alliance, Inc., which specializes in plant health and maintenance with an organic approach, and is based in Florida (United States). Apart from this, Italpollina SpA also established a new subsidiary in the U.S. for manufacturing and distributing organic fertilizers across the North America region.
- Increasing Adoption in Practice of Organic Farming Globally
- Adopting Eco-Friendly Fertilizers
- Rapidly Expanding Agricultural Land under Organic Farming
- Increasing Sales of Organic Food Products
- Rising Awareness Regarding the Deteriorating Soil Fertility Due To the Use of Synthetic Pesticides
- Growing Awareness among the Consumers Regarding the Benefits of Organic Fertilizers over Chemical Fertilizers
- High Cost for These Fertilizers
- Constant Reliance on the Inorganic Fertilizers for Cultivation
Key Target AudienceOrganic Fertilizer Manufacturers and Distributors, Major End-Users of Organic Fertilizer Products, Government Bodies and Market Research and Consulting Firms
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