World Biofertilizers Market to Gain Good Momentum to 2023, Predicts PBI in Its Topical Research Report Available at MarketPublishers.com12 Dec 2017 • by Natalie Aster
LONDON – To date, farmers tend to avoid agricultural chemicals to mitigate the adverse effects on biological diversity and environment. However, synthetic products are still utilised on a wide scale due to the long life and efficiency of the products. These biofertilizers are potentially utilised in land treatment, root dripping and seed dressing.
The biofertilizers market is poised to gain good momentum in the offing owing to the surging appetite for environmentally benign or less hazardous fertilizer agents. The fast-paced growth of the biofertilizers market is owing to a hike in demand for the organic food worldwide. Further, a hike in per-capita income and enhanced standards of living, rising concerns over the environment as a result of the impact of the chemical fertilizers, rising governmental support of the manufacturers are projected to give a boost to the biofertilizers market. Meantime, decreased product efficacy under unfavourable conditions, easy regulatory environment and elevated demand for the synthetic fertilizers, dearth of farmers’ awareness about the advantages and application of biofertilizers are some of the factors which are limiting the biofertilizers market’s growth.
Topical research publication “Biofertilizers Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023” drawn up by Precision Business Insights (PBI) offers an all-round analysis of the market globally, giving an analysis of the market size, market shares by region, and in-depth forecasts through to 2023.
The report provides granular market segmentation based on type, application, crop type, form, microorganism, and geography-wise. It sheds light on the market dynamics covering key market growth drivers, hindrances, challenges, and trends that exert an influence on the industry performance. The study takes a shrewd look at the recent innovations and key developments, offers a thorough discussion of the emerging opportunities and threats, and uncovers details about start-ups operating in the industry. Moreover, the report canvasses the competitive environment, identifies and profiles the top 11 participants covering their market shares, financials, key strategies & developments, SWOT analysis, etc. Furthermore, detailed forecasts of the market development are also provided in the report.
More insightful research reports by this publisher can be found at PBI online page at MarketPublishers.com.