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Date Submitted: 09/28/2015 03:54 AM
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.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/biofertilizersindustry/
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...