市場調查報告書
商品編碼
1555047
生物肥料市場評估:生物肥料類型·作物類型·用途·終端用戶·各地區的機會及預測 (2017-2031年)Biofertilizers Market Assessment, By Biofertilizer Type, By Crop Type, By Application, By End-user, By Region, Opportunities and Forecast, 2017-2031F |
全球生物肥料市場規模預計將從 2023 年的 25.4 億美元成長到 2031 年的 51.5 億美元,預測期內複合年增長率為 9.23%。
由於人們對永續農業需求的認識不斷增強以及對有機食品的需求不斷增加,市場正在經歷快速增長。農民擔心化學肥料對環境的負面影響,因此使用生物肥料作為環保的替代品。
生物肥料主要用於小麥、玉米、稻米等糧食作物。種子處理和土壤處理是生物肥料的首選應用,可確保更好的養分吸收。
由於印度和中國等經濟依賴農業的國家,亞太地區是生物肥料成長最快的市場。歐洲和北美由於其法律鼓勵有機農業和永續環境實踐而佔據了很大的市場佔有率。另一方面,市場面臨生物肥料功效短暫、儲存和處理不當等限制。儘管如此,生物技術的現代化和政府對永續農業的支持預計將增加對生物肥料的需求。
人們對環境永續性的興趣日益濃厚,刺激了生物肥料的採用
對環境永續性的日益關注是刺激全球生物肥料市場擴張的主要因素之一。化學肥料的過度使用導致了許多生態問題,包括土壤質量惡化、水體污染以及地球大氣中吸熱氣體的釋放。因此,農民、消費者和政策制定者越來越意識到迫切需要永續農業實踐。與化學肥料相比,生物肥料由活微生物組成,是一種天然且環保的選擇。這些產品的使用增加了養分的利用率,促進了微生物的活動,並促進了有機質的積累,從而改善了土壤質量,並最大限度地減少了農民對人工投入的依賴。
對有機食品的需求不斷增長推動市場成長
由於對有機食品的需求不斷增加,全球生物肥料市場正在顯著成長。世界各地的人們越來越注重健康,並避免食用含有合成化學物質和農藥的食物。有機農業嚴重依賴生物肥料等自然投入,無需使用任何人造肥料或農藥即可提高土壤肥力並改善植物健康。
本報告提供全球生物肥料的市場調查,彙整市場定義和概要,市場規模的轉變·預測,各種區分·各地區的詳細分析,產業結構,影響市場成長因素的分析,案例研究,競爭情形,主要企業簡介等資訊。
Global biofertilizers market is projected to witness a CAGR of 9.23% during the forecast period 2024-2031, growing from USD 2.54 billion in 2023 to USD 5.15 billion in 2031. The market has experienced exponential growth due to increased awareness about the need for sustainable agriculture and increasing demand for organic foodstuffs. Farmers are paying more attention to the negative impact of chemical fertilizers on the environment and, hence, using biofertilizers as a good and environmentally friendly alternative.
Biofertilizers are mainly used on cereals and grains such as wheat, maize, and rice. The preferred choice for applying biofertilizers is through seed treatment and soil treatment, which makes sure that there is better availability of nutrients and their uptake.
Asia-Pacific is the fastest growing market for biofertilizers due to the countries, such as India and China, which depends heavily on agriculture economically. Europe and North America have significant shares in the market since there are laws that encourage organic agriculture and sustainable environmental practices. Nevertheless, the market is confronted with constraints like the short lifespan of biofertilizers and inappropriate storing and handling. Modernization in biotechnology, along with government support towards sustainable farming is expected to expand the demand of biofertilizers in the market.
In May 2024, Fresh Del Monte Produce Inc. announced the maximum utilization of fruit waste for biofertilizer production. Fresh Del Monte's subsidiary in Kenya, Del Monte Kenya Ltd., is situated near the new facility. Several varieties of biofertilizers will be produced from residue obtained from the company's pineapple cannery for its own needs and eventually for sale to other farmers in Kenya and East Africa.
Rising Concerns Over Environmental Sustainability Spur the Adoption of Biofertilizers
The increase in concerns about environmental sustainability is one of the key factors stimulating the expansion of global biofertilizers market. Excessive usage of chemical fertilizers has brought a lot of ecological problems such as deterioration of soil quality, contamination of water bodies, and release of gases that trap heat inside earth's atmosphere. As a result, farmers, consumers, and policy makers are becoming increasingly conscious about the urgent need for sustainable agricultural methods. Being composed of living microorganisms, biofertilizers represent a natural and environmentally friendly choice in comparison with chemical fertilizers. The use of these products leads to improved soil quality as they enhance nutrient availability, encourage microbial activity, and stimulate organic matter accumulation so that farmers' dependence on artificial inputs can be minimized.
Similarly, with the help of biofertilizers, it is possible to minimize the adverse effects of agriculture on environment through decreased movement of harmful substances to water bodies and lesser amounts of carbon released during production and use of fertilizers. Resultantly, governments and international organizations are highly recommending biofertilizers by means of subsidies, regulations, and awareness campaigns that promote sustainable agricultural practices. The increase in usage of biofertilizers on one hand is being accelerated by the need for ecologically sustainable agriculture that tends to reduce the toxicity of chemical fertilizers.
In July 2024, EnviroKure, Inc. launched its foliar product, PhylloZone. By increasing microbial consortia and lowering treatment rates to one gallon per acre, PhylloZone expands upon the demonstrated efficacy of the company's popular liquid biofertilizer and BioStim.
Increasing Demand for Organic Food Fuels Market Growth
Global biofertilizers market is growing significantly due to the increasing demand for organic food. People around the world are becoming more health-conscious and avoiding meals with synthetic chemicals and pesticides. The main reason behind the shift in consumer behavior is to consider eating organic foods as they have higher nutritional value and lower risk of harmful substances. Organic farming strongly relies on natural inputs such as biofertilizers that improve soil fertility and enhance the good health of plants without using any artificial fertilizers or pesticides.
Biofertilizers contain helpful microorganisms that significantly impact organic agriculture by increasing the amount of soil nutrients and promoting sustainable agricultural production naturally. As more people want to buy organic products, farmers have begun using biofertilizers to comply with organic certification standards and satisfy the demands of the rising market niche. This upsurge of organic farming is one of the main reasons the biofertilizers market has expanded. To maintain soil fertility and productivity in organic farming, bio fertilizers are essential. In May 2023, Nutrition Technologies released Diptia, a bioactive organic fertilizer made from black soldier fly frass which is patent-pending. The product was launched with the purpose of improving soil health and guarding against fungal plant diseases.
Seed Treatment Holds a Substantial Market Share
In the global biofertilizers market, the segment of seed treatment holds a significant portion, owing to its efficiency in promoting seed germination, increasing crop yields and prevention of soil-borne diseases. When biofertilizers are directly applied to seeds, it means that beneficial microorganisms will be available right from the initial stages of plant development. In addition, this technique can be used in other situations where individualization is more important rather than divergent means. Therefore, nutrients can go to specific parts, thus encouraging growth while ensuring less wastage of these precious materials. In July 2024, with the goal of improving plant development, Rovensa Next introduced rhizobacteria-rich Wiibio, a soil-regenerating biofertilizer with the qualities of biostimulants. By promoting soil health and vitality, Wiibio helps producers stimulate the natural plant growth cycle.
Furthermore, seed treatment is becoming more popular with farmers due to the fact that it is cost-efficient and uses less biofertilizers than other methods such as soil or foliar applications. Additionally, it minimizes the use of chemical fertilizers and pesticides in accordance with the rising demand for eco-friendly and natural production methods. This methodology is particularly acceptable in places where environmental laws are hard and there is a drive to reduce the use of artificial inputs. By treating seeds, one can achieve ease of handling, efficiency, and environmental improvement which has made it popular. Thus, serving as a major way to apply fertilizers made from living things.
North America Holds the Largest Market Share
North America has a notable portion of the global biofertilizers market due to several aspects that signify the region's dominance in sustainable agriculture. The United States, along with Canada lead the way by practicing cutting-edge farming tactics focusing on eco-friendliness and organic food production. This shift towards organic fertilizer occurs as result of vast areas cultivated; more people are aware about environmental protection and impacts caused by artificial fertilizers on human health. Aligning with the trend, in February 2024, Ontario-based SureSource Agronomy introduced a range of biofertilizer products made from cricket excrement, exoskeletons, and leftover feed. Compared to soil amendments and fertilizers based on carbon, the product allows the users to achieve the same results at far lower treatment rates.
The government in North America promotes environmentally friendly agricultural inputs through strict regulations and policies. Government interventions such as subsidies for organic farming and support for research on sustainable agriculture have led to increased usage of biofertilizers. In addition, rising consumer demand for organic food products that are considered safer in comparison with other products available are driving forces behind the growth of the market segment.
Furthermore, there are many top producers and researchers of biofertilizers in North America who work continuously to create sustainable biofertilizers. With strong system and demand for sustainability, North America has been placed at the forefront of the global biofertilizers market.
Future Market Scenario (2024 - 2031F)
Amid rising concerns about the effects of chemical fertilizers and pesticides on the environment, biofertilizers are anticipated to take center stage in improving soil quality, increasing crop production, and supporting the long-term viability of agriculture.
The production of biofertilizers is anticipated to gain further support from governments across the globe for farmers to receive subsidies that will promote its usage and policies that are friendly towards it while at the same time have initiatives meant for minimizing carbon emissions in agriculture.
It is highly anticipated that consumers' knowledge will convert the health benefits of organic foods into higher demand for biofertilizers. Hence, farmers are expected to switch towards methods to keep up with the market's demands and comply with them.
Key Players Landscape and Outlook
Global biofertilizers market is characterized by a dynamic and competitive landscape, with numerous key players actively contributing to its growth through innovation, strategic collaborations, and expansion into new markets. Companies are heavily investing in research and development to create more effective and diverse biofertilizer products that cater to a wide range of crops and soil conditions. The focus is on enhancing product efficacy, improving shelf life, and developing formulations that are easy to apply, thereby meeting the evolving needs of farmers globally. In August 2023, United Kingdom-based Bionema Group Limited introduced a range of novel biofertilizer products, based on new Incapsulex technology platforms which are fundamental for agricultural, horticultural, forestry, sport turf, and amenity applications. The essential feature of this technology is encapsulation of naturally-derived microorganisms and targeted delivery.
Additionally, many players are forming strategic partnerships with agricultural organizations, research institutions, and government bodies to promote sustainable farming practices and increase the adoption of biofertilizers. As the demand for organic and eco-friendly agricultural inputs rises, these companies are expanding their presence in emerging markets, where sustainable farming is becoming increasingly prioritized.
The outlook for the biofertilizers market is positive with key players expected to continue their efforts in driving innovation and market expansion, contributing to the growth and diversification of the industry.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.