Biofertilizers Market Share, Growth Analysis And Industry Size Forecasts To 2022Posted by Neha Bora on October 29th, 2019 San Francisco, 29 October 2019: The Report Biofertilizers Market Size, Share & Trends Analysis Report By Product (Nitrogen Fixing, Phosphate Solubilizing), By Application (Seed Treatment, Soil Treatment), And Segment Forecasts, 2012 – 2022 Global biofertilizers market is expected to reach USD 1.65 billion by 2022, according to a new study by Grand View Research, Inc. The industry is expected to witness significant gains over the next seven years owing to rising need for feasible eco-friendly solution for plant and soil growth. Emergence as drop in replacements for chemical fertilizers on account of environment friendly properties and similar applications is expected to promote growth. Stringent regulations coupled with government initiatives supporting biofertilizers use is a primary reason for perpetuating growth over the past few years. Favorable government support for use of eco-friendly products and increasing production output of organic foods is expected to augment market growth in North America and Europe over the forecast period. Fluctuating chemical prices coupled with commercial response to growing food cost is expected to be one of the key drivers for the market over the next seven years. Growing need for high agricultural yield in order to meet increasing population needs has triggered products use on account of low environmental impact. Access Research Report of Biofertilizers Market @ www.grandviewresearch.com/industry-analysis/biofertilizers-industry Further key findings from the study suggest:
Grand View Research has segmented the global biofertilizers market on the basis of product, application and region: Biofertilizers Product Outlook (Revenue, USD Million, 2012 - 2022)
Biofertilizers Application Outlook (Revenue, USD Million, 2012 - 2022)
Biofertilizers Regional Outlook (Revenue, USD Million, 2012 - 2022)
Access Press Release of Biofertilizers Market @ www.grandviewresearch.com/press-release/global-biofertilizers-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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