Global Biofertilizer Technology market cagr 11.1%

Biofertilizer Technology Market

Biofertilizer Technology Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Biofertilizer Technology Market Size and Growth

The global biofertilizer technology market is projected to grow significantly in the coming years due to increasing demand for sustainable agricultural practices. The market size is expected to reach $2.3 billion by 2025, driven by factors such as rising environmental concerns and government initiatives promoting organic farming. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ Novozymes (Denmark)

◍ T Stanes & Company Ltd. (India)

◍ SOM Phytopharma (India) Ltd. (India)

◍ International Panaacea Limited (India)

◍ Kan Biosys (India)

◍ Kiwa Biotech (China)

◍ Symborg (Spain)

◍ Madras Fertilizers Limited (India)

The Biofertilizer Technology Market is highly competitive with companies like Novozymes, T Stanes & Company Ltd., SOM Phytopharma Ltd., and others operating in the industry. These companies help to grow the market by providing innovative biofertilizer solutions that enhance crop productivity and reduce environmental impacts.

- Novozymes (Denmark) reported sales revenue of $2.6 billion in 2020.

- T Stanes & Company Ltd. (India) reported sales revenue of $45 million in 2020.

- SOM Phytopharma (India) reported sales revenue of $30 million in 2020.

◍ Gujarat State Fertilizers & Chemicals Ltd. (India)

◍ Lallemand Inc. (Canada)

◍ National Fertilizers Limited (India)

◍ Rizobacter Argentina S.A (Argentina)

◍ Rashtriya Chemicals & Fertilizers Ltd, (India)

◍ Mapleton Agribiotech (Australia)

Market Segmentation

By Application

◍ Cereals & grains

◍ Oil Crops

◍ Fruits & vegetables

By Product

◍ Liquid

◍ Carrier-based Biofertilizer

◍ Other Request Sample Report