Middle-East and Africa Biofertilizers Market was worth $0.101 billion in 2020 and estimated to be growing at a CAGR of 13.4%, to reach $0.350 billion by 2025.
The market competition is expected to increase due to a surge in product and service extensions. The manufacturers compete in terms of brand, variety, price and availability. Some of the key barriers to the entrance of new player's is the advancements in technology and a substantial capital investment.
With the growing adoption of Biofertilizers in soil richness management practices, the market for Biofertilizers is projected to have a positive viewpoint in the coming years. The increasing use of safe and eco-friendly methods for preserving soil nutrition will drive this market’s growth during the forecast period. Lack of awareness among farmers of developing countries is acting as a major restrain for the market.
Market Segmentation:
Middle-East and Africa market for Biofertilizers is segmented by type into Nitrogen Fixing, Phosphate Solubilizing and Potash Mobilizing. Based on crop type the market is segregated into Cereals & Grains, Pulses & Oilseeds and Fruits & Vegetables. On the basis of microorganism segmentation is among Azotobacter, Azospirillium, Rhizobium, Phosphate Solubilizing Bacteria and Cyanobacteria. By mode of application the market is bifurcated into Seed Treatment and Soil Treatment. By form the market is divided into Pure & Mixed Liquid Fermentations, Dispersible Granules and Pellets. Nitrogen-fixing bio-fertilizer is the leading segment of the market which is fuelled with the increasing acceptance and demand of these fertilizers and expected to expand enormously.
Geographical Analysis:
Geographically the market is segmented into Middle-East and Africa. Africa dominates the Biofertilizers market in this region while Middle-East is expected to witness high growth in the forecast period.
Major Key Players
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. Introduction
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
2.1 Introduction
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. Overview
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
5.1.4 Others
5.2 By Crop Type
5.2.1 Cereals & Grains
5.2.2 Pulses & Oilseeds
5.2.3 Fruits & Vegetables
5.2.4 Others
5.3 By Microorganisms
5.3.1 Azotobacter
5.3.2 Azospirillium
5.3.3 Rhizobium
5.3.4 Phosphate Solubilizing Bacteria
5.3.5 Cyanobacteria
5.3.6 Others
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
5.5.3 Pellets
5.5.4 Others
6. Geographical Analysis
6.1 Introduction
6.2 Middle-East
6.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
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.
8.1.1 Overview
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
8.4 AgriLife
8.5 Rizobacter Argentina S.A.
8.6 Biomax
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
Appendix
a) List of Tables
b) List of Figures
