Biofertilizer are the substances which make use of microorganisms to fertile the soil. These fertilizers are not harmful to crops or other plants like the chemical fertilizers. They are actually taken from the animal wastes along with the microbial mixtures. Microorganisms are used to increase the level of nutrients in the plants. They let the plants grow in a healthy environment. They are also environment friendly and do not cause the pollution of any sort. Use of biofertilizers in the soil, makes the plants healthy as well as protect them from getting any diseases.
This report contains market size and forecasts of Microbial Compound Fertilizer in global, including the following market information:
Global Microbial Compound Fertilizer Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Microbial Compound Fertilizer Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Microbial Compound Fertilizer companies in 2021 (%)
The global Microbial Compound Fertilizer market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Nitrogen-fixing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Microbial Compound Fertilizer include Novozymes, Biomax, Rizobacter, Agri Life, Symborg, National Fertilizers Limited, Batian, Fertilzer King and Taigu Biological, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Microbial Compound Fertilizer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Microbial Compound Fertilizer Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Microbial Compound Fertilizer Market Segment Percentages, by Type, 2021 (%)
Nitrogen-fixing
Phosphate-solubilizing
Others
Global Microbial Compound Fertilizer Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Microbial Compound Fertilizer Market Segment Percentages, by Application, 2021 (%)
Cereals & Grains
Pulses & Oilseeds
Fruits & Vegetables
Others
Global Microbial Compound Fertilizer Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Microbial Compound Fertilizer Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Microbial Compound Fertilizer revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Microbial Compound Fertilizer revenues share in global market, 2021 (%)
Key companies Microbial Compound Fertilizer sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Microbial Compound Fertilizer sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Novozymes
Biomax
Rizobacter
Agri Life
Symborg
National Fertilizers Limited
Batian
Fertilzer King
Taigu Biological
Taibao Biological
Genliduo Bio-Tech
Jinggeng Tianxia
Beijing Leili Group