Biofertilizers Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Biofertilizers Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies And

Forecasts, 2012 To 2020

Agrochemicals environmental hazards and soil contamination on crops is anticipated to fuel global

biofertilizers market over the next eight years. Agrochemicals impact on human and animal health is

expected to drive the global bio-fertilizer market. Stringent regulations on agrochemicals led industry to

shift towards biofertilizers. Emergence of the product as the best solution these problems led to a

significant acceptance across the world.

In addition to ecofriendly nature, the product also maintain crop and soil health along with increasing

yield which is expected to spur biofertilizer market growth over the forecast period. Biofertilizers are

manufactured using organic and human wastes such as compost and struvite which is one of the

clearest substitutes to agrochemicals.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Biofertilizers can be segmented as phosphate solubilizing and nitrogen fixing. Recently with

technological advancement, potash mobilizers, and sulfur and zinc solubilizers have been emerged as

biofertilizers. Favorable regulatory norms in many regions across the world are expected to surge

biofertilizer market over the next eight years. The European Union issued “Common Agriculture Policy”

to enhance organic farming and the product applications by issuing 30% payment as green payment.

The product is being promoted in emerging economies such as China and India with a major

consideration in their five year plans.

Indian government introduced ‘National Project on Development and Use of Biofertilizers’ to increase

production and utilization. Low product prices as compared to agrochemicals are projected...