Market Overview:

The Europe biofertilizer market is expected to exhibit a CAGR of 13.69% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Biofertilizers are composed of wastes containing living microorganisms, such as bacteria, fungi, and cyanobacteria. These microbes make nitrogen available for legume crops by fixing atmospheric nitrogen in the soil and their root nodules. Biofertilizers also enrich the soil with organic nutrients, which aids in improving soil fertility and promoting plant growth. As compared to chemical fertilizers, biofertilizers offer direct nutrition to the plant by decomposing and breaking down solid waste compounds into minerals. They also prevent the growth of pathogens, due to which they are widely adopted in organic farming practices.

Europe Biofertilizer Market Trends:

The incorporation of biofertilizers as an important component of plant nutrient management is primarily driving the market growth across Europe. In line with this, the escalating demand for organic products due to rising health consciousness and improving farming practices, are further intensifying the product adoption across the region. Additionally, the increasing awareness regarding the hazardous effects of synthetic fertilizers on the health and environment is acting as another growth-inducing factor. The market is further driven by the increasing government budgets to encourage organic farming practices to adhere to sustainability goals. Governments of various countries in the region are undertaking significant initiatives to promote the adoption of bio-based fertilizers in the agriculture industry, which is creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe biofertilizer market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type, crop, microorganism and mode of application.

Breakup by Type:

• Nitrogen-Fixing Biofertilizers
• Phosphate-Fixing Biofertilizers
• Others
   

Breakup by Crop:

• Cereals and Grains
• Pulses and Oilseeds
• Fruits and Vegetables
• Others
   

Breakup by Microorganism:

• Cyanobacter
• Rhizobium
• Phosphate Solubilizing Bacteria
• Azotobacter
• Others
   

Breakup by Mode of Application:

• Seed Treatment
• Soil Treatment
• Others
   

Breakup by Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the Europe biofertilizer market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Europe biofertilizer market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the crop?
• What is the breakup of the market based on the microorganism?
• What is the breakup of the market based on the mode of application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Europe biofertilizer market and who are the key players?
• What is the degree of competition in the industry?