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Report biofertilizers market - PowerPoint PPT Presentation

Biofertilizers Market - Growth, Trends, Analysis, Forecast to 2022

The demand for biofertilizers is completely dependent on the growth of the fertilizer industry. Furthermore, the shrinking arable land, adoption of new technology, and the increasing willingness of farmers to spend more for higher productivity are some important factors that contribute to the increasing demand for biofertilizers. The shortage in the supply of agricultural products in the last five years has resulted in an increase in their prices, and subsequently led to the increase in agricultural production. As a result, the demand for fertilizers has increased, which is expected to drive the demand for biofertilizers.

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Biofertilizers Market worth 2.31 Billion USD by 2022

The biofertilizers market is driven primarily by the growth in the organic food industry and increase in awareness regarding the health hazards caused by the use of chemical fertilizers. Moreover, government agencies are promoting the use of biofertilizers, which has also driven the market growth, globally.

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Report biofertilizers market - PowerPoint PPT Presentation

Biofertilizers Market - Growth, Trends, Analysis, Forecast to 2022

Biofertilizers Market worth 2.31 Billion USD by 2022