Biofertilizers are natural fertilizers made from biological wastes which contain living micro-organisms. Unlike chemical fertilizers, biofertilizers are environment friendly. They enrich the soil with organic nutrients and improve the fertility of the soil which in turn promotes a healthy growth of the plant or the crop. Biofertilizers also make the plants disease resistant and help solve problems like increased salinity of the soil. In recent times, the understanding of environmental hazards of chemical fertilizers, mainly pollution and contamination of the soil and the food chain has pushed the demand of bio-fertilizers in the agriculture sector. Growing health concerns have also urged people to adopt organic foods. As the use of biofertilizers is mandatory in organic farming, the biofertilizer market is experiencing a strong growth all over the world. Another major factor driving the demand of biofertilizers is the increasing implementation of regulatory policies by various governments that favour the use of biofertilizers. According to IMARC Group, the global biofertilizer market was worth more than US$ 1.8 Billion in 2018, growing at a CAGR of around 14.3% during 2011-2018.
The report has segmented the market on the basis of biofertilizer type. Currently, nitrogen fixing biofertilizers like Rhizobium, Azotobacter, Azospirillum, etc. represent the biggest segment of the global biofertilizer market. Nitrogen fixing biofertilizers are followed by phosphate fixing biofertilizers. The report has also mapped the demand of the biofertilizer market across various regions. They include Asia, North America, Europe and others.
IMARC’s latest report “Biofertilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” provides a comprehensive study for setting up a biofertilizer manufacturing plant. The study covers all the requisite aspects of the biofertilizer market. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc.
Key Questions Answered in This Report:
- How has the biofertilizers market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global biofertilizers industry?
- What are the key product types in the global biofertilizers industry?
- What are the key crop types in the global biofertilizers industry?
- What are the Major microorganism in the global biofertilizers industry?
- What are the price trends of biofertilizers?
- What are the various stages in the value chain of the biofertilizers industry?
- What are the key driving factors and challenges in the biofertilizers industry?
- What is the structure of the biofertilizers industry and who are the key players?
- What is the degree of competition in the biofertilizers industry?
- What are the profit margins in the biofertilizers industry?
- What are the key requirements for setting up a biofertilizer manufacturing plant?
- How are biofertilizers manufactured?
- What are the various unit operations involved in a biofertilizer manufacturing plant?
- What is the total size of land required for setting up a biofertilizer manufacturing plant?
- What are the machinery requirements for setting up a biofertilizer manufacturing plant?
- What are the raw material requirements for setting up a biofertilizer manufacturing plant?
- What are the packaging requirements for biofertilizers?
- What are the transportation requirements for biofertilizers?
- What are the utility requirements for setting up a biofertilizer manufacturing plant?
- What are the manpower requirements for setting up a biofertilizer manufacturing plant?
- What are the infrastructure costs for setting up a biofertilizer manufacturing plant?
- What are the capital costs for setting up a biofertilizer manufacturing plant?
- What are the operating costs for setting up a biofertilizer manufacturing plant?
- What will be the income and expenditures for a biofertilizer manufacturing plant?
- What is the time required to break-even?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Biofertilizer Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Analysis
5.3.1 Key Price Indicators
5.3.2 Price Structure
5.3.3 Price Trends
5.4 Market Breakup by Region
5.5 Market Breakup by Type
5.6 Market Breakup by Crop
5.7 Market Breakup by Microorganism
5.8 Market Breakup by Mode of Application
5.9 Market Forecast
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.11.1 Overview
5.11.2 Research and Development
5.11.3 Raw Material Procurement
5.11.4 Manufacturing
5.11.5 Marketing
5.11.6 Distribution
5.11.7 End-Use
5.12 Porter’s Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Key Market Drivers and Success Factors
6 Performance of Key Regions
6.1 Asia Pacific
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 North America
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Europe
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Type
7.1 Nitrogen-Fixing Biofertilizers
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Phosphate-Fixing Biofertilizers
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Crop
8.1 Cereals and Grains
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Pulses and Oilseeds
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Fruits and Vegetables
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Microorganism
9.1 Azotobacter
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Azospirillum
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Rhizobium
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Mode of Application
10.1 Seed Treatment
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Soil Treatment
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Others
10.3.1 Market Trends
10.3.2 Market Forecast
11 Competitive Landscape
11.1 Market Structure
11.2 Key Player
12 Biofertilizer Manufacturing Process
12.1 Product Overview
12.2 Detailed Process Flow
12.3 Various Types of Unit Operations Involved
12.4 Mass Balance and Raw Material Requirements
13 Project Details, Requirements and Costs Involved
13.1 Land Requirements and Expenditures
13.2 Construction Requirements and Expenditures
13.3 Plant Layout
13.4 Plant Machinery
13.5 Raw Material Requirements and Expenditures
13.6 Packaging Requirements and Expenditures
13.7 Transportation Requirements and Expenditures
13.8 Utility Requirements and Expenditures
13.9 Manpower Requirements and Expenditures
13.10 Other Capital Investments
14 Loans and Financial Assistance
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Levels of the Supply Chain
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Key Player Profiles
16.1 Novozymes A/S
16.2 National Fertilizers Limited
16.3 Madras Fertilizers Limited
16.4 Gujarat State Fertilizers & Chemicals Ltd.
16.5 Rizobacter Argentina S.A.
16.6 T.Stanes & Company Limited
16.7 Camson Bio Technologies Limited
16.8 Rashtriya Chemicals & Fertilizers Ltd.
16.9 Lallemand Inc.
16.10 Nutramax Laboratories
List of Figures
Figure 1: Global: Biofertilizer Market: Major Drivers and Challenges
Figure 2: Global: Biofertilizer Market: Volume Trends (in Million Tons), 2011 - 2018
Figure 3: Global: Biofertilizer Market: Value Trends (in Billion US$), 2011 - 2018
Figure 4: Global: Biofertilizer Market: Average Prices (in US$/Ton), 2011 - 2018
Figure 5: Biofertilizer Market: Price Structure (US$/Ton)
Figure 6: Global: Biofertilizer Market: Breakup by Region (in %), 2018
Figure 7: Global: Biofertilizer Market: Breakup by Type (in %), 2018
Figure 8: Global: Biofertilizer Market: Breakup by Crop (in %), 2018
Figure 9: Global: Biofertilizer Market: Breakup by Microorganism (in %), 2018
Figure 10: Global: Biofertilizer Market: Breakup by Mode of Application (in %), 2018
Figure 11: Global: Biofertilizer Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 12: Global: Biofertilizer Market Forecast: Value Trends (in Billion US$), 2019-2024
Figure 13: Global: Biofertilizer Industry: SWOT Analysis
Figure 14: Global: Biofertilizer Industry: Value Chain Analysis
Figure 15: Global: Biofertilizer Industry: Porter’s Five Forces Analysis
Figure 16: Asia Pacific: Biofertilizer Market (in Million US$), 2011 & 2018
Figure 17: Asia Pacific: Biofertilizer Market Forecast (in Million US$), 2019-2024
Figure 18: North America: Biofertilizer Market (in Million US$), 2011 & 2018
Figure 19: North America: Biofertilizer Market Forecast (in Million US$), 2019-2024
Figure 20: Europe: Biofertilizer Market (in Million US$), 2011 & 2018
Figure 21: Europe: Biofertilizer Market Forecast (in Million US$), 2019-2024
Figure 22: Others: Biofertilizer Market (in Million US$), 2011 & 2018
Figure 23: Others: Biofertilizer Market Forecast (in Million US$), 2019-2024
Figure 24: Global: Nitrogen-Fixing Biofertilizers Market: Value Trend (in Million US$), 2011 & 2018
Figure 25: Global: Nitrogen-Fixing Biofertilizers Market Forecast: Value Trend (in Million US$), 2019-2024
Figure 26: Global: Phosphate-Fixing Biofertilizers Market: Value Trend (in Million US$), 2011 & 2018
Figure 27: Global: Phosphate-Fixing Biofertilizers Market Forecast: Value Trend (in Million US$), 2019-2024
Figure 28: Global: Other Biofertilizers Market: Value Trend (in Million US$), 2011 & 2018
Figure 29: Global: Other Biofertilizers Market Forecast: Value Trend (in Million US$), 2019-2024
Figure 30: Global: Biofertilizer Market (Cereals and Grains): Value Trend (in Million US$), 2011 & 2018
Figure 31: Global: Biofertilizer Market Forecast (Cereals and Grains): Value Trend (in Million US$), 2019-2024
Figure 32: Global: Biofertilizer Market (Pulses and Oilseeds): Value Trend (in Million US$), 2011 & 2018
Figure 33: Global: Biofertilizer Market Forecast (Pulses and Oilseeds): Value Trend (in Million US$), 2019-2024
Figure 34: Global: Biofertilizer Market (Fruits and Vegetables): Value Trend (in Million US$), 2011 & 2018
Figure 35: Global: Biofertilizer Market Forecast (Fruits and Vegetables): Value Trend (in Million US$), 2019-2024
Figure 36: Global: Biofertilizer Market (Other Crop Types): Value Trend (in Million US$), 2011 & 2018
Figure 37: Global: Biofertilizer Market Forecast (Other Crop Types): Value Trend (in Million US$), 2019-2024
Figure 38: Global: Biofertilizer Market (Azotobacter): Value Trend (in Million US$), 2011 & 2018
Figure 39: Global: Biofertilizer Market Forecast (Azotobacter): Value Trend (in Million US$), 2019-2024
Figure 40: Global: Biofertilizer Market (Azospirillum): Value Trend (in Million US$), 2011 & 2018
Figure 41: Global: Biofertilizer Market Forecast (Azospirillum): Value Trend (in Million US$), 2019-2024
Figure 42: Global: Biofertilizer Market (Rhizobium): Value Trend (in Million US$), 2011 & 2018
Figure 43: Global: Biofertilizer Market Forecast (Rhizobium): Value Trend (in Million US$), 2019-2024
Figure 44: Global: Biofertilizer Market (Other Microorganism): Value Trend (in Million US$), 2011 & 2018
Figure 45: Global: Biofertilizer Market Forecast (Other Microorganism): Value Trend (in Million US$), 2019-2024
Figure 46: Global: Biofertilizer Market (Seed Treatment): Value Trend (in Million US$), 2011 & 2018
Figure 47: Global: Biofertilizer Market Forecast (Seed Treatment): Value Trend (in Million US$), 2019-2024
Figure 48: Global: Biofertilizer Market (Soil Treatment): Value Trend (in Million US$), 2011 & 2018
Figure 49: Global: Biofertilizer Market Forecast (Soil Treatment): Value Trend (in Million US$), 2019-2024
Figure 50: Global: Biofertilizer Market (Other Treatment): Value Trend (in Million US$), 2011 & 2018
Figure 51: Global: Biofertilizer Market Forecast (Other Treatment): Value Trend (in Million US$), 2019-2024
Figure 52: Biofertilizer Manufacturing Plant: Detailed Process Flow
Figure 53: Biofertilizer Manufacturing: Conversion Rate of Feedstocks
Figure 54: Biofertilizer Manufacturing Plant: Proposed Plant Layout
Figure 55: Biofertilizer Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 56: Biofertilizer Industry: Profit Margins at Various Levels of the Supply Chain
Figure 57: Biofertilizer Production: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Biofertilizer Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Biofertilizer Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 3: Global: Biofertilizer Market Forecast: Breakup by Type (in Million US$), 2019-2024
Table 4: Global: Biofertilizer Market Forecast: Breakup by Crop (in Million US$), 2019-2024
Table 5: Global: Biofertilizer Market Forecast: Breakup by Microorganism (in Million US$), 2019-2024
Table 6: Global: Biofertilizer Market Forecast: Breakup by Mode of Application (in Million US$), 2019-2024
Table 7: Global: Biofertilizer Market: Competitive Structure
Table 8: Global: Biofertilizer Market: Key Players
Table 9: Biofertilizer Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: Biofertilizer Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: Biofertilizer Manufacturing Plant: Costs Related to Machinery (in US$)
Table 12: Biofertilizer Manufacturing Plant: Raw Material Requirements
Table 13: Biofertilizer Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 14: Biofertilizer Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 15: Biofertilizer Manufacturing Plant: Details of Financial Assistance Offered by Financial Institutions
Table 16: Biofertilizer Manufacturing Plant: Capital Costs (in US$)
Table 17: Biofertilizer Manufacturing Plant: Techno-Economic Parameters
Table 18: Biofertilizer Manufacturing Plant: Taxation and Depreciation (in US$)
Table 19: Biofertilizer Manufacturing Plant: Income Projections (in US$)
Table 20: Biofertilizer Manufacturing Plant: Expenditure Projections (in US$)
Table 21: Biofertilizer Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 22: Biofertilizer Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 23: Biofertilizer Manufacturing Plant: Profit and Loss Account (in US$)