Latin America Biofertilizers Market was worth $0.26 billion in 2021 and estimated to be growing at a CAGR of 13.9%, to reach $0.45 billion by 2027.
Biofertilizers are derived from various animals and plant-based remains, mineral ores and also developed from advantageous microorganisms like bacteria and fungi. These organic fertilizers help in keeping the soil environment rich with diverse kinds of micro and macronutrients by nitrogen fixation and by releasing of plant growth regulating substances.
The market is driven by aspects such as a rise in demand for fertilizers due to the increase in food production and advancement in biofertilizer manufacturing machinery. Drive from governments and sufficient support for supportable farming is probable to maintain stable growth in the market. The high cost of these Biofertilizers is obstructing the growth of the Biofertilizers market.
Phosphate Solubilizing and Potash Mobilizing
Cereals & Grains
Pulses & Oilseeds and Fruits & Vegetables
Phosphate Solubilizing Bacteria and Cyanobacteria
Seed Treatment and Soil Treatment
Pure & Mixed Liquid Fermentations
Dispersible Granules and Pellets
Nitrogen-fixing bio-fertilizer is the leading segment of the market which is fuelled by the increasing acceptance and demand of these fertilizers and is expected to expand enormously.
Geographically the market is segmented into
Due to the availability of large arable lands and high population growth, the Brazil market is estimated to grow at the highest CAGR in the forecast period.
The value chain includes producers in the Biofertilizers market and they are Lallemand Inc., Camson Bio Technologies Limited, Rizobacter Argentina S.A., Novozymes A/S, Camson Bio Technologies Limited and Nutramax Laboratories Inc., Symborg S.L., Mapleton Agri Biotech Private Ltd and AgriLife.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Nitrogen Fixing
5.1.2 Phosphate Solubilizing
5.1.3 Potash Mobilizing
5.2 By Crop Type
5.2.1 Cereals & Grains
5.2.2 Pulses & Oilseeds
5.2.3 Fruits & Vegetables
5.3 By Microorganisms
5.3.4 Phosphate Solubilizing Bacteria
5.4 By Mode of Application
5.4.1 Seed Treatment
5.4.2 Soil Treatment
5.4.3 Other Applications
5.5 By Form
5.5.1 Pure & Mixed Liquid Fermentations
5.5.2 Dispersible Granules
6. Geographical Analysis
6.5 Rest of Latin America
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Lallemand Inc.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 CBF China Bio-Fertilizer AG
8.3 Camson Bio Technologies Limited
8.5 Rizobacter Argentina S.A.
8.7 Novozymes A/S
8.8 Mapleton Agri Biotech Private Ltd
8.9 Camson Bio Technologies Limited
8.10 Nutramax Laboratories Inc.
8.11 Rizobacter Argentina S.A.
8.12 Symborg S.L.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook & Investment Opportunities
a) List of Tables
b) List of Figures
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