Transparency Market
Research
Biofertilizers Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 - 2019
Published Date
30-Jan-2014
73 Page Report
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Press Release
Biofertilizers Market to Report Strong CAGR of 13.0% to 2019 as
Organic Food Consumption Spikes :TMR
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Biofertilizers Market
REPORT DESCRIPTION
Biofertilizers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
The exponential growth reported by the organic food industry, coupled with the environmental hazards linked to
chemical fertilizers, will turn the focus on biofertilizers in the future, says a latest report by Transparency Market
Research. According to the report titled “Biofertilizers Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019,” the global biofertilizers market approximated US$440.0 million
in 2012, and will rise considerably to US$1,028.7 million by 2019, reporting a 13.0% CAGR between 2013 and
2019.
Browse the full Biofertilizers Market (Nitrogen Fixing, Phosphate Solubilizing and Others) for Seed
Treatment and Soil Treatment Applications - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2013 - 2019 report at : http://www.transparencymarketresearch.com/biofertilizers-market.html
The key market drivers, according to the report, are: Robust growth of the organic food market, government
funding and support toward encouraging the production and use of biofertilizers, and heightened awareness
about the detrimental effects of chemical fertilizers on the environment. As the ill effects related to the
excessive and long-term use of chemical fertilizers come to the fore, many farmers are discontinuing their use.
Consumers, on the...