According to the latest report of the IMARC group, entitled “Biofertilizers Market in the United States: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027“, Offers comprehensive industry analysis, which includes information on Biofertilizer market size in the United States. The US biofertilizers market is expected to grow at a CAGR of 13.81% during the period 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists, and anyone planning to enter the market in any form.
Biofertilizers are organic chemicals containing living microorganisms that improve plant development. They are obtained from biological waste and help mineralize the soil by breaking down complex minerals and allowing easy uptake by plants. They also help trigger seed growth by enriching the soil with phosphorus (P), nitrogen (N), and other essential nutrients. In addition, they help reduce pollution, prevent crop disease, improve the quality and quantity of agricultural production, and support sustainable agriculture. Also, biofertilizers are cost effective, easily accessible and environmentally friendly compared to synthetic fertilizers.
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US Biofertilizers Market Trends and Drivers:
One of the most significant factors favorably affecting the biofertilizer industry in the United States is the growing knowledge of the negative impacts of synthetic fertilizers on the environment and human health. Additionally, the growing health consciousness of individuals is catalyzing the demand for organic food products, which is enhancing the growth of the market. Apart from this, the United States Department of Agriculture (USDA) implements many provisions to promote organic farming. This, along with the introduction of pest control programs by government and non-government agencies in the country, is helping the growth of the market. Additionally, technological advancements in the agriculture industry and research and development (R&D) activities conducted by leading market players are propelling the growth of the market.
To note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Competitive Analysis and Segmentation of the United States Biofertilizers Market 2022-2027:
IMARC Group provides an analysis of key trends in each sub-segment of the U.S. Biofertilizers Market, as well as country-level and regional-level forecasts from 2022 to 2027. Our report has categorized the market based on type, crop, microorganism and method of application.
- The competitive landscape of the industry has also been reviewed along with the profiles of key players.
Breakdown by type:
- Nitrogen-fixing biofertilizers
- Phosphate-fixing biofertilizers
Breakdown by crop:
- Cereals and grains
- Pulses and oilseeds
- Fruits and vegetables
Rupture by microorganism:
- Phosphate-solubilizing bacteria
Breakdown by mode of application:
- Seed treatment
- Soil treatment
Breakdown by region:
Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market trends
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Complete mapping of the competitive landscape
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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as industry consumer behaviors around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.
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