Biofertilizers Market Expected to Reach $1,649.7 Million by 2019 - New Report By MarketsandMarkets

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The global bio fertilizers market has grown exponentially in the last few years and the growth is expected to continue in the future. http://www.marketsandmarkets.com/Market-Reports/compound-biofertilizers-customized-fertilizers-market-856.html

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Key Players are Novozymes A/S, National Fertilizers Limited Madras Fertilizers Limited and Gujarat State Fertilizers & Chemicals Ltd.

Biofertilizers stimulate microbial activities in soil. These microorganisms generate plant nutrients such as nitrogen and phosphorous through the activities in the soil or in the rhizosphere. The demand for biofertilizers is increasing due to the stress on reducing environmental pollution and on reducing the usage of chemical fertilizers.

The report defines and segments the bio fertilizers market with analysis and forecasting of the global values for the market. It also identifies the driving and restraining factors with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges.

Browse 91 market data tables and 29 figures spread through 232 Pages and in-depth TOC on "Biofertilizers Market - Global Trends & Forecasts to 2019"

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Biofertilizers are preparations that contain living cells or latent cells of efficient strains of microorganisms, which helps the crop plants in the uptake of nutrients from the soil. They can be applied either to the seed or to the soil. Once applied, biofertilizers stimulate microbial activities in the soil. These microorganisms generate plant nutrients such as nitrogen and phosphorous through the activities in the soil.

The demand for biofertilizers is increasing due to the stress on reducing environmental pollution and the usage of chemical fertilizers. Microbes fix atmospheric nitrogen in the root nodules of leguminous crops, making the nitrogen easily available. Along with these, microbes also use solubilizer phosphates such as tricalcium and aluminum phosphates, and make them available to plants.

They also degrade phosphate from soil layers. Apart from providing nutrients, microbes produce hormones and metabolites, which enhance root growth. Another significant role of biofertilizers is decomposition of organic matter and mineralization of the soil.
The global biofertilizers market is projected to generate a value of $1,649.7 million, at a CAGR of 13.9%, by 2019.

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Application of biofertilizers in the soil makes the plant healthy and protects it from diseases. Biofertilizers improve crop yield by making the soil nutrient-rich. They do not release any harmful chemicals into the soil, which helps in retaining fertility of the soil. This is beneficial for plants and the environment also remains free of pollutants. Biofertilizers also destroy chemical components, which cause diseases, from the soil.

Nitrogen-fixing bacteria help in transforming inert atmospheric N2 to organic compounds. Nitrogen-fixer organisms are used in biofertilizers as living fertilizers, composed of microbial inoculants or groups of microorganisms which fix atmospheric nitrogen.

Biofertilizers are used extensively in the cultivation of cereal crops followed by pulses and oil seeds. Among oil seeds, biofertilizers are extensively used in the cultivation of soybean. Beside agriculture, another major application of biofertilizers in is in turf. Rhizobium species which are used for nitrogen fixation are the most widely used microbes as biofertilizers. Several other microbes like pseudomonas, bacillus, and mycorrhizae are applied, however in a small quantity.

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