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The United States biofertilizer market is expected to exhibit a CAGR of 13.81% 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 natural substances that contain living organisms. These microbes boost the nutrient composition of the soil by solubilizing mineral ions and nitrogen fixation processes, while stimulating the plant growth. Biofertilizers also colonize the rhizosphere of the plant, which aids in decomposing organic matter and breaking down complex minerals. As compared to chemical fertilizers, biofertilizers offer direct nutrition to plants, improve overall soil fertility, prevent crop diseases, and support sustainable agriculture.
The rising awareness regarding adverse environmental effects caused by synthetic fertilizers, such as soil pollution and contamination, is majorly driving the United States biofertilizer market growth. The increasing use of these chemicals has also elevated the nitrogen levels of underground water, which has prompted the United States Department of Agriculture (USDA) to implement various provisions for promoting organic farming. These initiatives, along with the introduction of pest management programs, are positively influencing the market growth. Other than this, the escalating demand for organic fruits and vegetables, due to rising health concerns, is catalyzing the market growth further. In line with this, expansion in the arable land, easy availability of the product, and the advent of new innovations are acting as other growth-inducing factors in the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States 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:
Breakup by Crop:
Breakup by Microorganism:
Breakup by Mode of Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Crop, Microorganism, Mode of Application, Region|
|Region Covered||Northeast, Midwest, South, West|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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