Global Rhizobium Bacteria Fertilizers Market Size, Trends, and Growth Opportunity, By Type (Nitrogen-Fixing, Phosphate-Solubilizing, Potash-Mobilizing, Others), Form (Dispersible Granules, Pellets, Powders, Pure and Mixed Liquid Fermentations), Technology (Carrier Enriched Biofertilizers, Liquid Biofertilizers), Crop Type (Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, Others), Application (Seed Treatment, Soil Treatment, Others) By Region and forecast till 2030.
Global Rhizobium Bacteria Fertilizers Market
Global Rhizobium Bacteria Fertilizers Market was valued at USD 1.92 Billion in 2022 and is slated to reach USD 3.67 Billion by 2030 at a CAGR of 8.43% from 2023-2030.
Bio-fertilizers called Rhizobium bacteria fertilizers to include Acetobacter bacteria, which may fix atmospheric nitrogen and colonize plant roots. Because it biologically activates the soil and stimulates plant growth, it is particularly advantageous for sugarcane plantations. Rhizobium is a bacteria that has been discovered in soil that helps leguminous plants fix nitrogen. Leguminous plant roots absorb it, combining it there, and nodules are the result. These nodules capture nitrogen from the air and transform it into ammonia, which the plant can use to thrive and expand.
Market Drivers
The increased popularity of organic foods is driving up demand for rhizobium bacteria fertilizers worldwide. The phosphorus and nitrogen levels in plants are increased more organically by rhizobium bacteria fertilizers than by other fertilizers by returning the soil to its normal fertility. Rhizobium bacteria fertilizers also improve the soil's quality and texture, which helps plants thrive in challenging environments. In addition, bio-fertilizers are inexpensive and simple substitutes for petrochemically produced manufactured goods. Also, the application of rhizobium bacteria fertilizers in agricultural areas significantly promotes the breakdown of organic waste and the overall growth of crops and plants. So, the aforementioned elements are encouraging market expansion on a global scale. Due to the rise in ethical customers and rising profits from improved farming practices, which enhance organic yields, the demand for organic products is booming. As a result, the area devoted to organic farming has increased due to the rising demand for organic food. For instance, the FiBL analysis shows that by 2020, there will be 74.9 million hectares of organic farming worldwide, up from 69.4 million hectares in 2017. The widespread use of organic materials, such as nitrogen-fixing fertilizers, has enhanced soil fertility, which has led to an increase in organic farming activities. Because nitrogen-fixing fertilizers are biofertilizers and aid in preserving the ecological balance, this has further increased demand for these goods.
Market Restraints
Rhizobium bacteria fertilizers' high production costs and short shelf lives are anticipated to restrain the market growth during the forecast period, while the rise in environmental concerns will pose the biggest and most pressing obstacle to the development of the targeted market during the forecast period of 2023–2030.
Impact of COVID-19
Because of multiple socio-economic changes brought on by this pandemic, the COVID-19 epidemic caused a halt in the worldwide economy. Due to the uneven supply of raw materials in various economies, producers of biofertilizers and organic fertilisers face challenges similar to those faced by those in the traditional fertiliser sector. Because there aren't many carriers, price gouging by some logistics firms has become a significant problem.
Recent Developments
June 2021 - At the State Government's Ettaiyapuram factory in India, the large-scale manufacture of liquid biofertilizer, which enhances soil health and boosts agricultural yield, has started. This facility was built to encourage farmers to use biological fertilizers as frequently as feasible rather than chemical fertilizers.
Market Segmentation
Global Rhizobium Bacteria Fertilizers Market is segmented By Type, Form, Technology, Crop Type, and Application. By Types such as Nitrogen-Fixing, Phosphate-Solubilizing, Potash-Mobilizing, and Others. By Forms such as Dispersible Granules, Pellets, Powders, and Pure and Mixed Liquid Fermentations. By Technology such as Carrier Enriched Biofertilizers, Liquid Biofertilizers. By Crop Types such as Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, and Others. Applications such as Seed Treatment, Soil Treatment, and Others.
Regional Analysis
Global Rhizobium Bacteria Fertilizers Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to growing government involvement in farming techniques in this area, North America is anticipated to dominate the rhizobium bacteria fertilizers market in terms of revenue and market share. Because of the region's high population and increased emphasis on organic agriculture, Asia-Pacific is expected to have the quickest growth in the rhizobium bacteria fertilizers market during the projected period of 2023–2030.
Key Players
This report includes a list of numerous Key Players, namely Yara (Norway), Nutrien Ltd (Canada), EuroChem Group (Switzerland), Lallemand Inc (Canada), AUMGENE Biosciences (India), CF Industries Holdings Inc. (U.S.), Koch Ag & Energy Solutions, LLC (U.S.), Vegalab S.A (Switzerland), Sinofert Holdings Limited (China), Coromandel International Limited (India).
Market Taxonomy
By Type
• Nitrogen-Fixing
• Phosphate-Solubilizing
• Potash-Mobilizing
• Others
By Crop Type
• Cereals and Grains
• Pulses and Oilseeds
• Fruits and Vegetables
• Others
By Form
• Dispersible Granules
• Pellets, Powders
• Pure and Mixed Liquid Fermentations
By Technology
• Carrier Enriched Biofertilizers
• Liquid Biofertilizers
By Application
• Seed Treatment
• Soil Treatment
• Others
By Region
• North America Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Rhizobium Bacteria Fertilizers Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Rhizobium Bacteria Fertilizers Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Rhizobium Bacteria Fertilizers Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Rhizobium Bacteria Fertilizers Market Share Analysis, By Type
5.3 Global Rhizobium Bacteria Fertilizers Market Size and Forecast, By Type
5.3.1 Nitrogen-Fixing
5.3.2 Phosphate-Solubilizing
5.3.3 Potash-Mobilizing
5.3.4 Others
6 Global Rhizobium Bacteria Fertilizers Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Rhizobium Bacteria Fertilizers Market Share Analysis, By Technology
6.3 Global Rhizobium Bacteria Fertilizers Market Size and Forecast, By Technology
6.3.1 Carrier Enriched Biofertilizers
6.3.2 Liquid Biofertilizers
7 Global Rhizobium Bacteria Fertilizers Market, By Crop Type
7.1 Y-o-Y Growth Comparison, By Crop Type
7.2 Global Rhizobium Bacteria Fertilizers Market Share Analysis, By Crop Type
7.3 Global Rhizobium Bacteria Fertilizers Market Size and Forecast, By Crop Type
7.3.1 Cereals and Grains
7.3.2 Pulses and Oilseeds
7.3.3 Fruits and Vegetables
7.3.4 Others
8Global Rhizobium Bacteria Fertilizers Market, By Form
8.1 Y-o-Y Growth Comparison, By Form
8.2 Global Rhizobium Bacteria Fertilizers Market Share Analysis, By Form
8.3 Global Rhizobium Bacteria Fertilizers Market Size and Forecast, By Form
8.3.1 Dispersible Granules
8.3.2 Pellets, Powders
8.3.3 Pure and Mixed Liquid Fermentations
9Global Rhizobium Bacteria Fertilizers Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global Rhizobium Bacteria Fertilizers Market Share Analysis, By Application
9.3 Global Rhizobium Bacteria Fertilizers Market Size and Forecast, By Application
9.3.1 Seed Treatment
9.3.2 Soil Treatment
9.3.3 Others
10 Global Rhizobium Bacteria Fertilizers Market, By Region
10.1 Global Rhizobium Bacteria Fertilizers Market Share Analysis, By Region
10.2 Global Rhizobium Bacteria Fertilizers Market Share Analysis, By Region
10.3 Global Rhizobium Bacteria Fertilizers Market Size and Forecast, By Region
11 North America Rhizobium Bacteria Fertilizers Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 North America Rhizobium Bacteria Fertilizers Market Share Analysis, By Type
11.3 North America Rhizobium Bacteria Fertilizers Market Size and Forecast, By Technology
11.4 North America Rhizobium Bacteria Fertilizers Market Size and Forecast, By Crop Type
11.5 North America Rhizobium Bacteria Fertilizers Market Size and Forecast, By Form
11.6 North America Rhizobium Bacteria Fertilizers Market Size and Forecast, By Application
11.7 North America Rhizobium Bacteria Fertilizers Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12 EuropeRhizobium Bacteria Fertilizers Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Europe Rhizobium Bacteria Fertilizers Market Share Analysis, By Type
12.3 Europe Rhizobium Bacteria Fertilizers Market Size and Forecast, By Technology
12.4 Europe Rhizobium Bacteria Fertilizers Market Size and Forecast, By Crop Type
12.5 Europe Rhizobium Bacteria Fertilizers Market Size and Forecast, By Form
12.6 Europe Rhizobium Bacteria Fertilizers Market Size and Forecast, By Application
12.7 Europe Rhizobium Bacteria Fertilizers Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4. Rest of Europe
13Asia Pacific Rhizobium Bacteria Fertilizers Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Asia Pacific Rhizobium Bacteria Fertilizers Market Share Analysis, By Type
13.3 Asia Pacific Rhizobium Bacteria Fertilizers Market Size and Forecast, By Technology
13.4 Asia Pacific Rhizobium Bacteria Fertilizers Market Size and Forecast, By Crop Type
13.5 Asia Pacific Activators Market Size and Forecast, By Form
13.6 Asia Pacific Activators Market Size and Forecast, By Application
13.6 Asia Pacific Rhizobium Bacteria Fertilizers Market Size and Forecast, By Country
13.6.1 China
13.7.2 Japan
13.8.3 India
13.8.4. Rest of Asia Pacific
14Latin America Rhizobium Bacteria Fertilizers Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Latin America Rhizobium Bacteria Fertilizers Market Share Analysis, By Type
14.3 Latin America Rhizobium Bacteria Fertilizers Market Size and Forecast, By Technology
14.4 Latin America Rhizobium Bacteria Fertilizers Market Size and Forecast, By Crop Type
14.5 Latin America Rhizobium Bacteria Fertilizers Market Size and Forecast, By Form
14.6 Latin America Rhizobium Bacteria Fertilizers Market Size and Forecast, By Application
14.7 Latin America Rhizobium Bacteria Fertilizers Market Size and Forecast, Country
14.7.1. Brazil
14.7.2.Rest of Latin America
15 Middle East Rhizobium Bacteria Fertilizers Market Analysis and Forecast (2023-2030)
15.1 Introduction
15.2 Middle East Rhizobium Bacteria Fertilizers Market Share Analysis, By Type
15.3 Middle East Rhizobium Bacteria Fertilizers Market Size and Forecast, By Technology
15.4 Middle East Rhizobium Bacteria Fertilizers Market Size and Forecast, By Crop Type
15.5 Middle East Rhizobium Bacteria Fertilizers Market Size and Forecast, By Form
15.6 Middle East Rhizobium Bacteria Fertilizers Market Size and Forecast, By Application
15.7 Middle East Rhizobium Bacteria Fertilizers Market Size and Forecast, By Country
15.7.1. Saudi Arabia
15.7.2. UAE
15.7.3. Egypt
15.7.4. Kuwait
15.7.5. South Africa
16Competitive Analysis
16.1 Competition Dashboard
16.2 Market Share Analysis of Top Vendors
16.3 Key Development Strategies
17Company Profiles
17.1 Yara (Norway)
17.1.1 Overview
17.1.2 Types
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2. Nutrien Ltd (Canada)
17.2.1 Overview
17.2.2 Types
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. EuroChem Group (Switzerland)
17.3.1 Overview
17.3.2 Types
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Lallemand Inc (Canada)
17.4.1 Overview
17.4.2 Types
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 AUMGENE Biosciences (India)
17.5.1 Overview
17.5.2 Types
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 CF Industries Holdings Inc. (U.S.)
17.6.1 Overview
17.6.2 Types
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Koch Ag & Energy Solutions, LLC (U.S.)
17.7.1 Overview
17.7.2 Types
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Vegalab S.A (Switzerland)
17.8.1 Overview
17.8.2 Types
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Sinofert Holdings Limited (China)
17.9.1 Overview
17.9.2 Types
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 Coromandel International Limited (India)
17.9.1 Overview
17.9.2 Types
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
