Top Trendlines in Bio-Fertilizers Market

Bio-fertilizer is a substance that consists of living microorganisms, which help in the growth of plant by increasing the supply of nutrients to it. Increase in the use of bio-fertilizers is expected to reduce the demand for chemical fertilizers and pesticides as they hamper the health of the soil. Bio-fertilizer is a substance that consists of living microorganisms, which help in the growth of plant by increasing the supply of nutrients to it. Increase in the use of bio-fertilizers is expected to reduce the demand for chemical fertilizers and pesticides as they hamper the health of the soil.

25.07.2018 Views

Introduction Bio-fertilizer is a substance that consists of living microorganisms, which help in the growth of plant by increasing the supply of nutrients to it. Increase in the use of bio-fertilizers is expected to reduce the demand for chemical fertilizers and pesticides as they hamper the health of the soil. The aim of this report is to provide an insight on the global biofertilizer markets current and projected trends and to carry out an in depth analysis of market potentials available. The report analyzes opportunities in the developed and emerging economies so that companies can make strategic decisions and gain competitive edge.

Market Growth Factors There are certain factors, which act as drivers for bio-fertilizers market such as rising environmental awareness, enhancing soil fertility and increasing demand for organic food. Factors restraining the growth of bio-fertilizer market are lack of awareness and lower adoption rate by farmers. The unmet demand for fertilizers, formulation of favorable government policies and countries having agriculture dominant economy would provide growth opportunities for this market.

<strong>Market</strong> Growth Factors<br />

There are certa<strong>in</strong> factors, which act as drivers for<br />

bio-fertilizers market such as ris<strong>in</strong>g environmental<br />

awareness, enhanc<strong>in</strong>g soil fertility and <strong>in</strong>creas<strong>in</strong>g<br />

demand for organic food. Factors restra<strong>in</strong><strong>in</strong>g the<br />

growth of bio-fertilizer market are lack of<br />

awareness and lower adoption rate by farmers. The<br />

unmet demand for fertilizers, formulation of<br />

favorable government policies and countries hav<strong>in</strong>g<br />

agriculture dom<strong>in</strong>ant economy would provide<br />

growth opportunities for this market.

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