According to Goldstein Research, adoption of bio-fertilizers over conventional fertilizers is gaining immense popularity in agriculture industry owing to its non-adverse effects on human health and environment. Global Bio-Fertilizers market segmentation includes Bio-fertilizer types such as nitrogen-fixing, potash-mobilizing, phosphate-solubilizing plant growth promoting bio-fertilizers. Moreover, rising awareness towards the importance of soil health maintenance and sustainable environmental development are significantly contributing in gaining motion for bio-fertilizers market across the globe. According to our analysts bio fertilizers is projected to register a CAGR of 13.18% during the forecast period i.e. 2016-2024. Global bio-fertilizers market in Europe is projected to prosper at a CAGR of 14.2% over the forecast period, on the back of implementation of common agricultural policies by European government through which farmers are paid subsidies for improving agricultural production.
Market Segmentation
On the basis of our in-depth analysis, Global Bio-Fertilizers Market can be segmented as follows:
• Based on Bio-fertilizer Type
o Nitrogen- Fixing Bio-fertilizers
o Potash-Mobilizing Bio-fertilizers
o Phosphate-Solubilizing Bio-fertilizers
o Plant Growth Promoting Bio-fertilizers
• Based on Crop Type
o Fruits and Vegetables
o Cereals and Grains
o Oilseeds and Pulses
o Other Crops ( Cash Crops, Fiber Crops, Forage Crops)
• Based on Application
o Soil Treatment
o Seed Treatment
• By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Product Sales (Units)} § Rest of the World{Market Share (%), Market Size (USD Million), Product Sales (Units)}
“Global Bio-Fertilizer Market Outlook 2024” contains detailed overview of the global bio-fertilizer market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology, by product, by services and by end-users application.
Further, for the in-depth analysis, Global Bio-Fertilizer Market in BFSI Sector Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as National Fertilizers Ltd., Novozymes, Lallemand Inc., Madras Fertilizers Limited (India), Camson Bio Technologies Private Limited, Nachurs Alpine Solutions etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global artificial intelligence market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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