According to Goldstein Research report on bio-fertilizers market shows clear forecast of the market along with bio-fertilizers market trends. Implementation of advanced technology in crop production is giving a new outlook to agriculture industry. Emerging economies such as India are focusing more to provide high nutritional value to have high yield of stable foods. IARI (Indian Agricultural Research institute) introduced an algal bio-fertilizer technology and cyanobacterial bio-fertilizers. Economic benefits and simple process of this fertilizer is becoming more popular among farmers. However, algal bio-fertilizer technology is still not widely accepted due to the non-availability of proper inoculums and presence of contaminants & variations. North-America bio-fertilizers market accounted for 30% revenue share of global bio-fertilizer market in 2016. Growing demand of organic food in countries such as the U.S. and Canada is expected to expand the biofertilizers market in North-America
