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The Global Biofertilizers Market is studied in detail in the new report on Qualiket Research. The new report studies the Biofertilizers market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

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Biofertilizers consists of living microorganisms which help in the growth of plants by increasing the supply of nutrients to it. Biofertilizers are used in natural cultivation which is expected to drive the global Biofertilizers market growth in near future. Nitrogen fixing fertilizers are widely used by farmers in production of various crops such as oilseed, and rice.

Market Drivers

Rise in usage of microbes in Biofertilizers for sustainable farming method & food safety is the key driving factor which is expected to boost the global Biofertilizers market growth. Furthermore, rise in concern related to food safety will have the positive impact on market growth. Moreover, increase in soil and water pollution due to excessive usage of chemical fertilizers will fuel the market growth. In addition to that, rise in support from government and launch of new programs to spread awareness about their benefits will propel the market growth.

Market Restraints

However, environmental and technological constraints are the major restraining factors which are expected to hamper the global Biofertilizers market growth. Also, poor infrastructure & high initial investments will affect the market growth.

Market Key Players

Various key players  are discuseed in this report such as

  • Novozymes A/S,
  • Gujarat State Fertilizers & Chemicals Ltd,
  • Rizobacter Argentina S.A.,
  • Rashtriya Chemicals & Fertilizers Limited,
  • T. Stanes & Company Limited,
  • National Fertilizers Limited,
  • Madras Fertilizers Limited,  
  • International Panaacea Limited, and  
  • Lallemand Inc.

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Market Taxonomy

By Product

  • Phosphate Solubilizing
  • Nitrogen Fixing
  • Others

By Application

  • Seed Treatment
  • Soil Treatment

By Crop Type

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

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

Tags: Biofertilizers Market Growth, Biofertilizers Market Analysis, Biofertilizers Market Size,  , Biofertilizers Market Future, Biofertilizers Market Trends, Biofertilizers Market Share, Biofertilizers Market

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Contact Information:
Vishal Thakur Research Support Specialist QualiKet Research 6060 N Central Expy #500, TX 75204, U.S.A Email: [email protected] Website: https://qualiketresearch.com

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Contact Information:

Vishal Thakur

Research Support Specialist

QualiKet Research

6060 N Central Expy #500, TX 75204, U.S.A

Email: [email protected]

Website: https://qualiketresearch.com