DUBLIN--(BUSINESS WIRE)--The "Bio-fertilizers Market: Global Demand Analysis & Opportunity Outlook 2024" report has been added to ResearchAndMarkets.com's offering.
Global bio-fertilizers market reached USD 1106.4 Million in 2016 and is projected to flourish at a CAGR of 14.2% during the forecast period. Moreover, the market is expected to garner USD 3124.5 Million by the end of 2024.
The global demand for bio-fertilizers is increasing due to the rising demand for agricultural products. Further, rising global population is creating huge demand for the large scale production in agricultural sector. This factor is expected to spur the growth of the global bio-fertilizers market over the forecast period.
Nitrogen-Fixing segment (72.8% share in 2016) occupies the largest market of bio-fertilizers across the globe. Further, global nitrogen-fixing market is anticipated to reach USD 2,242.4 Million by the end of 2024 from USD 805.7 Million in 2016. Further, this segment is anticipated to flourish at a CAGR of 14.0% over the forecast period. However, phosphate-solubilizing segment is anticipated to grow at highest CAGR of 14.4% during 2017-2024.
Gujarat State Fertilizers and Chemicals Ltd., International Panaacea Limited, Lallemand Inc., National Fertilizers Limited, Novozymes and Rizobacter Argentina S.A. are some of the major players in bio-fertilizers market.
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Risk Analysis
4. Recent Developments in Global bio-fertilizers Market
5. Top Countries with Highest demand for Bio-fertilizer
6. Global Bio Fertilizer Market Size (USD Million) and Forecast, 2016-2024
7. Market Dynamics & Its Impact Analysis
8. Global Market Segmentation Analysis
9. Porter's Five Force Model Analysis
10. Competitive Landscape
- Sigma AgriScience
- Bio Power
- Novozymes A/S
- Gujarat State Fertilizers
- National Fertilizers
- International Panaacea
For more information about this report visit https://www.researchandmarkets.com/research/j7wprv/global?w=4