A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Biological
Organic Fertilizers
Market.
The study, titled “Biological
Organic Fertilizers Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Since
the inception of the green revolution, synthetic inputs in
agricultural farming have increased in volume in order to obtain a
high yield crop. The intensive use of chemical fertilizers has
undoubtedly enhanced the crop yield but also degraded the health of
the soil, water quality, and food. At this point, biological
fertilizers exhibit excellent potential to replace chemical
fertilizers. Living micro-organisms are present in biological organic
fertilizers which aids the growth of plants by colonizing their
rizhosphere. Biological organic fertilizers add nutrients to the
plants using natural processes such as nitrogen fixation and
stimulate their development by producing natural growth promoting
substances. The microorganisms present restore their nutrient cycle
and also enhances the health of the soil. The scientific term for
this micro-organism is the “plant growth promoting rizhobacteria
(PGPR)”. Biological organic fertilizers are different from organic
fertilizers.
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Organic
fertilizers consists of animal and plants wastes whereas biological
fertilizers consists of living micro-organisms. Biological organic
fertilizers fix atmospheric nitrogen in the soil and roots of the
crops and solubilize the insoluble nutrients. When directly applied
to the soil or seed, they increase the yield by 10%–25%. Most soils
are deficient in phosphorus, which is an essential macronutrient
apart from microorganisms such as rhizobium, azobacter,
azospirillium, and blue green algae. The rizhobium microorganism is
known for its ability to fix atmospheric nitrogen in plants forming
nodules in its roots. Azobacter is a non-symbiotic microorganism
beneficial for a wide array of crops covering millets, sugarcane, and
vegetables. It also secretes useful fungicides and enzymes in small
amounts. Azospirillium is a nitrogen fixation microorganism primarily
beneficial for non-leguminous crops.
The
global market for biological organic fertilizers can be segmented on
the basis of type into nitrogen fixing, phosphate mobilizing, and
organic matter decomposers. The market can also divided based on the
crop it is being applied on, such as wheat, maize, millets,
sugarcane, and paddy crops. Demand for high yield crops coupled with
increasing environmental regulations regarding environment-friendly
fertilizers drive this market. Biological organic fertilizers are
expected to replace chemical fertilizers as unlike the latter, they
do not cause soil degradation.
In
terms of region, the biological fertilizer market is distributed over
Asia Pacific, North America, Europe, Latin America, and Middle East &
Africa. Asia Pacific is likely to be the dominant region due to the
increasing population, availability of arable land, and
nutrient-deficient soil concentrated in China and India. North
America and Europe are also anticipated to hold an attractive share
in the market due to stringent environmental regulations regarding
usage of chemical fertilizers.
Key
players in the market include Maharashtra Bio Fertilizers India Pvt.
Ltd., SKS Bio Products Pvt. Ltd., Sushila Bio Fertilizer Company
Limited, Krishak Bharti Cooperative Limited, Bio Green USA Inc.,
National Fertilizer Limited, Soil Technologies Corporation, Nico Orgo
Inc., and Biodiesen Biotech, Inc. Soil Technologies Corporation is a
major player offering a wide portfolio of bio fertilizers. The
company sells its technology to over 25 countries and the composition
of its products includes natural plant extracts live microbial
agents, unprocessed mineral plant nutrient, raw plant oil, and all
natural carrier minerals. It plans to increase its trade in Europe,
Middle East & Africa, South East Asia, and Latin America.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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