Biofertilizer Market Is Growing at a CAGR of 8.4% Between 2018 and 2025

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City of Industry, CA -- (SBWire) -- 09/20/2018 --This study focuses on the production side and consumption side of Biofertilizer, presents the global Biofertilizer market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Biofertilizer capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Biofertilizer by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Biofertilizer are the substances which make use of microorganisms to fertile the soil. These fertilizers are not harmful to crops or other plants like the chemical fertilizers. They are actually taken from the animal wastes along with the microbial mixtures. Microorganisms are used to increase the level of nutrients in the plants. They let the plants grow in a healthy environment. They are also environment friendly and do not cause the pollution of any sort. Use of biofertilizers in the soil, makes the plants healthy as well as protect them from getting any diseases.

Biofertilizer has a low concentration. The top five companies account for more than 12.56 % of market share. Novozymes, Agri Life, Symborg, xi'an Delong Bio-industry and Maboshi are the tycoons of Biofertilizer. Novozymes is the largest manufacturer, with the market share of 3.98% in 2015.

In terms of application, biofertilizer can be applied in cereals & grains, pulses & oilseeds, fruits & vegetables and other. Pulses & oilseeds accounted for the largest market with about 44.33% of the global consumption for biofertilizer in 2015.

The Biofertilizer market was valued at 2190 Million US$ in 2017 and is projected to reach 3850 Million US$ by 2025, at a CAGR of 8.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Biofertilizer.

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This report includes the following manufacturers; we can also add the other companies as you want.

Novozymes

Biomax

RIZOBACTER

Agri Life

Symborg

National Fertilizers Limited

Batian

Xi'an Delong Bio-industry

Maboshi

Fertilzer King

Jinggeng Tianxia

Taigu Biological

Taibao Biological

Genliduo Bio-Tech

Beijing Leili Group

Qingdong Nongke

Yunye

Aokun Biological

XinJiang StarSeed Science and Technology

Laimujia

Market Segment by Product Type

Nitrogen-fixing

Phosphate-solubilizing

Potash-mobilizing

Others

Market Segment by Application

Cereals & Grains

Pulses & Oilseeds

Fruits & Vegetables

Others

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