About Biofertilizer Technology
Biofertilizer technology is used in the research and development of biofertilizers and its effect on the continuous advancement in technology. Biofertilizers are the substance that consists of the microorganism to be applied in the seeds, crops, and plants fo better yield and promoting the growth with the essential nutrients. In the biofertilizer technology various equipment like autoclave, laminar airflow chamber, PH meter, etc are used as it helps in monitoring the health and effects of the biofertilizer and accordingly change the contents for appropriate affect.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Novozymes A/S (Denmark), T Stanes Company Ltd. (India), Som Phytopharma India Limited (India), LALLEMAND Inc. (Canada), Symborg (Spain), International Panaacea Limited (India), Kiwa Bio-Tech (United States), Kan biosys (India), Madras Fertilizers Ltd. (India), Rizobacter Argentina S.A. (Argentina) and Mapleton Agri Biotech (Australia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Biofertilizer Technology market by Type (Liquid and Carrier-based Biofertilizer), Application (Cereals grains, Oil Crops, Fruits Vegetables and Other) and Region.
On the basis of geography, the market of Biofertilizer Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Biofertilizer, the sub-segment i.e. Rhizobium will boost the Biofertilizer Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Equipments, the sub-segment i.e. Autoclave will boost the Biofertilizer Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Biofertilizer Technology with the Continuous Research and Development in the Biofertilizer Technology
Market Growth Drivers:
Growing Importance of the Agriculture Worldwide and Need for the Better Yield and Crop Production
Challenges:
Regulatory Guidelines and Compliances with the Biofertilizer Technology
Restraints:
Lack of Knowledge about the Use of Biofertilizer Technology
Opportunities:
Rising Government Programs and Investment in the Agriculture Sector will boost the Biofertilizer Technology Market
Market Leaders and their expansionary development strategies
30th March 2020, Kiwa Bio-Tech Announces Agreement with China State-Owned Enterprises to Develop New Fertilizer Market Areas Including An Initial Order of at Least Seven Million Five Hundred Thousand Dollars.
On 7th January 2020, Biotechnology company Symborg has launched BlueN, the first sustainable biofertilizer that maximizes the efficiency of atmospheric nitrogen. BlueN is a 100 percent biological and sustainable solution that improves the natural use of atmospheric nitrogen by 60 percent, contributing to the preservation of the environment by preventing the emission of nitrous oxide gas in its manufacturing process, soil degradation and pollution of aquifers. It has also been approved for use in organic farming and areas of special environmental protection.
Key Target Audience
Biofertilizer Technology Manufacturers, Biofertilizer Technology International Traders, Biofertilizer Technology Distributor, Research and Development Institutes, Regulatory Bodies, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.