Global Biofertilizers Market 2017 Share, Trend, Segmentation and Forecast to 2023
Global Biofertilizers Market is expected to grow from $1.41 billion in 2016 to reach $3.92 billion by 2023 with a CAGR of 15.7%. High cost of chemical fertilizers & pesticides, expanding organic food industry, support from government agencies and hazards of chemical fertilizers are some of the factors boosting the market growth. However, the factors like lack of infrastructure and technological & environmental related issues are limiting the market. Increasing demand for biofertilizers will provide a significant growth opportunity for...
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