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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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Biofertilizers Market worth 2.31 Billion USD by 2022

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  1. MarketsandMarkets™ Presents Biofertilizers Market - Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/compound-biofertilizers-customized-fertilizers-market-856.html

  2. The report "Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate-Solubilizing, Potash-Mobilizing), Microorganism (Rhizobium, Azotobacter, Azospirillium, Cyanobacteria, P-Solubilizer), Mode of Application, Crop Type, Form, and Region - Global Forecast to 2022", The biofertilizers market is projected to grow at a CAGR of 14.08% during the forecast period, to reach a projected value of USD 2.31 Billion by 2022. Browse 87 market data Tables and 62 Figures spread through 178 Pages and in-depth TOC on "Biofertilizers Market - Global Forecast to 2022“ Early buyers will receive 10% customization on this report. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=856

  3. The biofertilizers market was valued at USD 946.6 Million in 2015; the market is projected to grow at a CAGR of 14.08% from 2016 to 2022. With the increasing pressure on global food production and development in technologies of fertilizer production, the demand for fertilizers is expected to increase, which in turn would enhance the growth of this market. • 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. • North America accounted for the largest market share in the biofertilizers market in 2015, which was followed by Europe. Governments of countries in North America have imposed bans on harmful chemicals used as inputs in agriculture. This created significant market potential for biofertilizers in the region. • Expansions & investments, and agreements, collaborations & joint ventures were the key strategies adopted by industry players to achieve growth in the biofertilizers market. Acquisitions was another strategy adopted by companies to expand their share in the biofertilizers market. Novozymes A/S (Denmark), Gujarat State Fertilizers & Chemicals Ltd. (India), Rizobacter Argentina S.A. (Argentina), Camson Bio Technologies Limited (India), and Lallemand Inc. (Canada) are some leading manufacturing companies that adopted these strategies. • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=856

  4. Target audience: Biofertilizer manufacturers Biofertilizer importers and exporters Biofertilizer traders, distributors, and suppliers Government and research organizations Associations and industry bodies such as Food and Agriculture Organization (FAO), International Fertilizer Industry Association (IFA), The Fertilizer Association of India (FAI), Organic Fertilizer Association of California (OFAC), and Association of American Plant Food Control Officials (AAPFCO) Scope of the Report: On the basis of Type, the biofertilizersmarket has been segmented as follows: Nitrogen-fixing Phosphate-solubilizing Potash-mobilizing Others (zinc-, boron-, and sulfur-solubilizing biofertilizers) On the basis of Crop Type, the biofertilizersmarket has been segmented as follows: Cereals & grains Pulses & oilseeds Fruits & vegetables Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=856

  5. Contact Us Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.comBlog @ http://www.marketsandmarketsblog.com/market-reports/agriculture-industry Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

  6. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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