India Biofertilizer Market Research Report: Size, Share, Growth, Demand & Production, Price, Top Companies and Forecast 2022-2027

Published February 13, 2023

The latest report by IMARC Group, titled “India Biofertilizer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the biofertilizer industry in india. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The India biofertilizer market is expected to exhibit a CAGR of 15.89% during 2022-2027. Biofertilizers are natural substances made from wastes containing microorganisms, including bacteria, fungi, cyanobacteria, etc. They are prepared using several application methods, such as vermin composting, active microorganisms, and composting. Biofertilizers enhance the nutrient composition of the soil by nitrogen fixation processes and solubilizing mineral ions. They assist in improving soil fertility, promoting plant growth, decomposing organic matter, breaking down complex minerals, etc. Biofertilizers provide direct nutrition to plants, reduce pollution, prevent crop diseases, increase the quality and quantity of crop yield, support sustainable agriculture, etc. As a result, these substances are extensively utilized by farmers in seed and soil treatment across the agriculture sector.

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India Biofertilizer Market Trends:

The escalating demand for organic products, owing to the growing consumer health consciousness, is primarily driving the India biofertilizer market. Besides this, the elevating requirement for biofertilizers, on account of their low production costs, eco-friendly nature, the easy availability of raw materials, etc., is further augmenting the market growth. Apart from this, the rising research and development (R&D) activities to study the microbial persistence of biofertilizers in soil under various conditions are also catalyzing the market across the country.

Moreover, the emerging trends of nanotechnology-based microbial inoculants, bacterial biofilms carriers, and artificial selection of plant growth-promoting rhizobacteria (PGPR) are acting as significant growth-inducing factors. In addition to this, the launch of favorable policies by the government bodies, including farm-level extension and subsidies on sale and direct production, is expected to bolster the India biofertilizer market in the coming years.

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Key Market Segmentation:

Breakup by Type:

  • Nitrogen-Fixing Biofertilizers
  • Phosphate-Fixing Biofertilizers
  • Others

Breakup by Crop:

  • Cereals and Grains
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Others

Breakup by Microorganism:

  • Cyanobacter
  • Rhizobium
  • Phosphate Solubilizing Bacteria
  • Azotobacter
  • Others 

Breakup by Mode of Application:

  • Seed Treatment
  • Soil Treatment
  • Others

Competitive Landscape:                                

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Key highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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