Global Biofertilizers Market: Nitrogen Fixing Biofertilizers to Remain Dominant, Says Tmr

Transparency Market

Research

Biofertilizers Market (Nitrogen Fixing, Phosphate

Solubilizing and Others) for Seed Treatment and Soil

Treatment Applications - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2013 - 2019

Published Date

30-Jan-2014

73 Page Report

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Global Biofertilizers Market: Nitrogen Fixing Biofertilizers to

Remain Dominant, says TMR

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Biofertilizers Market

REPORT DESCRIPTION

Biofertilizers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

The global biofertilizers market is dominated by players such as Biomax, Gujrat State Fertilizers & Chemical

Ltd., Agri Life, Madras Fertilizers Ltd., Symborg S.L., National Fertilizers Ltd., Novozymes, Lallemand Inc., and

Antibiotice S.A. The key companies in the market are engaged primarily in product development, which has

emerged as the crucial growth strategy in the biofertilizers industry, which has developed disruptively due to

the rising acknowledgment of the environmental and health-related risks of using conventional chemical

fertilizers.

According to Transparency Market Research (TMR), the annual revenue of the global biofertilizers market is

expected to reach US$711 mn by the end of 2016 and further rise to more than US$1 bn by the end of 2019.

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Asia Pacific, Rest of the World Set to Exhibit Rapidly Growing Demand for Biofertilizers

Of the key product segments of the global biofertilizers market, the nitrogen fixing biofertilizers segment held a

majority share of 78.7% in 2012, and is expected to retain its clear dominance over the coming years. Nitrogen

fixation is a crucial aspect of soil fertility, as most plants can’t...