How big is the India Bio-Fertilizers market?

According to MarkNtel Advisors study, the India Bio-Fertilizers market is projected to grow at a CAGR of around 11.0% during the forecast period, i.e., 2023-28.

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Key Driver: Growing Awareness Regarding the Negative Effects of Chemical Agri-Inputs

To provide enough food for the residing people, India's growing population has put tremendous pressure on agricultural lands and other resources. The increased use of chemical fertilizers in agriculture may result in the production of enough food for the nation, but at the same time, it adversely impacts the environment and the health of living things. Therefore, the use of biological fertilizers has significantly expanded over the past several years in an attempt to reduce the use and detrimental effects of chemical fertilizers in agriculture.

Leading Companies in the India Bio-Fertilizers market:

  • Indian Farmers Fertilizer Cooperative (IFFCO)
  • AgriLife (SOM Phytopharma (India) Limited)
  • Valagro Inc.
  • Bayers AG
  • Koppert Biological Systems
  • United Phosphorus Ltd
  • Hifield Organics Inc.
  • Biostadt India Limited
  • Sushila Biofertilizer Company P. Limited
  • National Fertilizers Limited
  • IPL Biologicals Limited
  • Sri Vijaya Bio Fertilizers (India) Pvt. Ltd
  • Others

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India Bio-Fertilizers Market Segmentation:

By Microorganisms

  • Rhizobium
  • Azospirillum
  • Azotobacter
  • Acetobacter
  • Others (Vesicular Arbuscular Mycorrhizae (VAM), Bacillus, etc.)

By Type

  • Nitrogen Fixing
  • Phosphate Solubilizing
  • Others (Zinc-solubilizing, Potassium-mobilizing bio fertilizers, etc.)

Here, Nitrogen Fixing Fertilizers are expected to acquire a considerable market share during the forecast period.

By Application

  • Foliar
  • Soil Treatment
  • Seed Treatment

By Crop Type

  • Fruits
  • Vegetables
  • Cereals & Grains
  • Turfs
  • Ornamentals
  • Other (Oil Seeds, Pulses, etc.)

Regional/ Countries Insight:

  • North
  • East
  • West
  • South

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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