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Biofertilizers Market - China Is Expected to Open New Opportunities for the Biofertilizer Industry

Biofertilizers contain living microorganisms which, when applied to seed, plant surfaces, or soil, colonizes the interior of the plant and promotes growth by increasing the supply or availability of primary nutrients to the host plant.

Posted: Thursday, June 23, 2016 at 1:20 PM CDT

Albany, NY -- (SBWire) -- 06/23/2016 --Biofertilizers are substances containing living microorganisms which promote plant growth by increasing the supply or availability of primary nutrients to the host plant. Various biofertilizers such as rhizobium, azotobacter, and azospirillium are used for soil and seed treatments.

The report on biofertilizers provides a detailed analysis and forecast of the market on a global as well as regional level. On a global level, the market has been segmented on the basis of revenue (USD million) for a period of time ranging from 2013 to 2019. For an in-depth understanding of the market on the regional level, the demand has been forecasted based on revenue (USD million). The report includes drivers and restraints and their impact on the growth of the market within the forecast period. Furthermore, the report covers opportunities available for the growth of the market within the forecast period, on a global as well as regional level.

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For research, we have conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders. Primary research represents the bulk of the research effort coupled with an extensive secondary research. We reviewed the key players' annual reports, product portfolio, press releases and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, internet sources, trade associations, statistical data from government websites and associated authorized agency websites. This has proved to be the most successful, effective and reliable approach for obtaining concise data, capturing industry participants' insights and recognizing opportunities and growth.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings. It also includes internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases and market reports. News articles, press releases and web-casts specific to the companies operating in the market also serve as a part of secondary sources.

We conduct primary interviews on an on-going basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills various functions. First-hand information is obtained on the market size, market trends, growth trends, competitive landscape, future outlook, etc. It also helps in validating and strengthening the secondary research findings, and further develops the analysis team's expertise and market understanding. The primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies.

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For a detailed understanding of the market, we have given a thorough analysis of the value chain. In addition, we have covered the Porter's five forces model, which provides a detailed understanding of the intensity of competition present in the market. Furthermore, the study includes a market attractiveness analysis, where the applications are benchmarked based on market size, growth rate and general attractiveness.

The market has been segmented based on products and applications. The segments have been analyzed and forecast based on revenue (USD million) during 2013 to 2019. In addition, the segments have been analyzed and forecast based on current trends at a global as well as regional level, for the given time period. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW), and the demand has been analyzed and forecast based on current trends for a period of six years. Additionally, we have provided analysis and forecast of specific countries within each region on the basis of revenue (USD million) for a time period from 2013 to 2019.

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Profiles of certain leading companies have been covered in this report along with a detailed analysis of their market share. The study profiles companies such as Agri Life, Antibiotice S.A., Gujrat State Fertilizers & Chemical Ltd., Novozymes, Lallemand Inc., Madras Fertilizers Ltd., National Fertilizers Ltd., and Symborg S.L.

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