Asia Pacific Biofertilizers Market

Historic Data: 2019-2020   |   Base Year: 2021   |    Forecast Period: 2022-2028

Analysis By Product Type (Nitrogen Fixing, Phosphorus Solubilizing, Potassium Mobilizing, and Others), Microorganism (Rhizobium, Azotobacter, Phosphate Solubilizing Bacteria, and Others), Crop Type (Cereals and Grains, Oil seeds and Pulses, Fruits and Vegetables, and Others), and Application (Seed Treatment, Soil Treatment, and Others)


No. of Pages: 142  |  Report Code: TIPRE00028022  |  Category: Chemicals and Materials

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Asia Pacific Biofertilizers Market

The biofertilizers market in Asia Pacific is expected to grow from US$ 442.26 million in 2021 to US$ 1122.21 million by 2028; it is estimated to grow at a CAGR of 12.6% from 2021 to 2028.

The application of biofertilizers is one of the potential technologies for sustainable farming systems and also caters to the need of efficiently using available nitrogen. The nitrogen fixing phosphate solubilizing bio-fertilizers are being widely used by the famers to produce high-demand crops such as wheat, oilseeds, rice, among others. The biofertilizers containing nitrogen can maintain the optimum level of nitrogen in the soil, which will aid in the proper growth of the crop. Biofertilizers include different plant associated microorganisms which helps in enhancing the plant growth and improves the yield and quality of the produce through supply of adequate nutrients. The different microorganism included in the biofertilizers provide different type of yield increase. For instance, Rhizobium strains provide a yield increase of 10-35%, Azotobacter provides a yield increase of 10-15%, Phosphate Solubilizers provide a yield increase of 5-30%, Azospirillum provides a yield increase of 10-20%, among others. Thus, different microorganism included in biofertilizers helps in increasing the production and yield of crops which is providing various growth opportunities for the biofertilizers market across the region.

 

The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of Asia Pacific. However, the uncertainty regarding the future outbreak, especially in countries such as India and a few other Asian countries, has altered the status of several industrial sectors. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of Asia Pacific. However, the uncertainty regarding the future outbreak, especially in countries such as India and a few other Asian countries, has altered the status of several industrial sectors. The shutdown of manufacturing units and disruptions in supply chain and logistics have negatively impacted the biofertilizer market. During the COVID pandemic consumers in the region increasingly became conscious and aware about the significance of chemical-free and organic nutrition to improve immunity and build better well-being. The pandemic has affected the consumer behavior patterns in favor of organic produce, to the extent that it may become an embedded part of people’s buying habits. An increase in demand for organic products has led to an increase focus on organic farming and various countries in Asia Pacific are pushing organic farming. This is going to have a positive impact on the biofertilizers market.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific biofertilizers market. The Asia Pacific biofertilizers market is expected to grow at a good CAGR during the forecast period.

 

Asia Pacific Biofertilizers Market Revenue and Forecast to 2028 (US$ Million)

  
Asia Pacific Biofertilizers Market Revenue and Forecast to 2028 (US$ Million)  

Asia Pacific Biofertilizers Market Segmentation

 

Asia Pacific Biofertilizers Market – By

Product Type

  • Nitrogen Fixing 
  • Phosphorus Solubilizing
  • Potassium Mobilizing 
  • Others

Asia Pacific Biofertilizers Market – By

Microorganism

  • Rhizobium
  • Azotobacter
  • Phosphate Solubilizing Bacteria
  • Others

Asia Pacific Biofertilizers Market – By

Crop Type

  • Cereals and Grains
  • Oil seeds and Pulses
  • Fruits and Vegetables
  • Others

Asia Pacific Biofertilizers Market – Application

  • Seed Treatment
  • Soil Treatment
  • Others

Asia Pacific Biofertilizers Market – By

Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

Asia Pacific Biofertilizers Market – Companies Mentioned

  • AgriLife                                                 
  • Biotech International Ltd.                 
  • Kiwa Bio-Tech Products Group Corporation        
  • Mapleton Agri Biotec Pt. Ltd                      
  • Novozymes                                                
  • RIZOBACTER                                               
  • Symborg                                                               
  • T.Stanes and Company Limited                     
  • UPL                                                                    
  • Vegalab SA  

Asia Pacific Biofertilizers Strategic Insights

Strategic insights for the Asia Pacific Biofertilizers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Biofertilizers Report Scope

Report Attribute Details
Market size in 2021 US$ 442.26 Million
Market Size by 2028 US$ 1122.21 Million
Global CAGR (2021 - 2028) 12.6%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product Type
  • Nitrogen Fixing
  • Phosphorus Solubilizing
  • Potassium Mobilizing
By Microorganism
  • Rhizobium
  • Azotobacter
  • Phosphate Solubilizing Bacteria
By Crop Type
  • Cereals and Grains
  • Oil seeds and Pulses
  • Fruits and Vegetables
By Application
  • Seed Treatment
  • Soil Treatment
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • AgriLife
  • Biotech International Ltd.
  • Kiwa Bio-Tech Products Group Corporation
  • Mapleton Agri Biotec Pt. Ltd
  • Novozymes
  • RIZOBACTER
  • Symborg
  • T.Stanes and Company Limited
  • UPL
  • Vegalab SA
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Asia Pacific Biofertilizers Regional Insights

The geographic scope of the Asia Pacific Biofertilizers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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The List of Companies - Asia Pacific Biofertilizers Market

  1. AgriLife                                                 
  2. Biotech International Ltd.                 
  3. Kiwa Bio-Tech Products Group Corporation        
  4. Mapleton Agri Biotec Pt. Ltd                      
  5. Novozymes                                                
  6. RIZOBACTER                                               
  7. Symborg                                                              
  8. T.Stanes and Company Limited                     
  9. UPL                                                                     
  10. Vegalab SA               
Frequently Asked Questions
How big is the Asia Pacific Biofertilizers Market?

The Asia Pacific Biofertilizers Market is valued at US$ 442.26 Million in 2021, it is projected to reach US$ 1122.21 Million by 2028.

What is the CAGR for Asia Pacific Biofertilizers Market by (2021 - 2028)?

As per our report Asia Pacific Biofertilizers Market, the market size is valued at US$ 442.26 Million in 2021, projecting it to reach US$ 1122.21 Million by 2028. This translates to a CAGR of approximately 12.6% during the forecast period.

What segments are covered in this report?

The Asia Pacific Biofertilizers Market report typically cover these key segments-

  • Product Type (Nitrogen Fixing, Phosphorus Solubilizing, Potassium Mobilizing)
  • Microorganism (Rhizobium, Azotobacter, Phosphate Solubilizing Bacteria)
  • Crop Type (Cereals and Grains, Oil seeds and Pulses, Fruits and Vegetables)
  • What is the historic period, base year, and forecast period taken for Asia Pacific Biofertilizers Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Biofertilizers Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Asia Pacific Biofertilizers Market?

    The Asia Pacific Biofertilizers Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • AgriLife
  • Biotech International Ltd.
  • Kiwa Bio-Tech Products Group Corporation
  • Mapleton Agri Biotec Pt. Ltd
  • Novozymes
  • RIZOBACTER
  • Symborg
  • T.Stanes and Company Limited
  • UPL
  • Vegalab SA
  • Who should buy this report?

    The Asia Pacific Biofertilizers Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Biofertilizers Market value chain can benefit from the information contained in a comprehensive market report.