The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), India Bio-Fertilizers Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

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India Bio-Fertilizers Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, India Bio-Fertilizer market size is estimated to grow at a CAGR of about 8.65% during the forecast period 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.

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What is Included in India Bio-Fertilizers Market Segmentation?

The report has segmented the market into the following categories:

By Microorganisms

- Rhizobium

- Azospirillum

- Azotobacter

- Acetobacter

- Others (Vesicular Arbuscular Mycorrhizae (VAM), Bacillus, etc.)

By Type

- Nitrogen Fixing

- Phosphate Solubilizing

- Others (Zinc-solubilizing, Potassium-mobilizing bio fertilizers, etc.)

By Application

- Foliar

- Soil Treatment

- Seed Treatment

Of them, Foliar holds a prominent market share since they quickly provide nutrients and reduce stress conditions & growth constraints. Moreover, foliar application allows the farmers to target the delivery of specific nutrients, such as micronutrients like zinc, iron, manganese, etc., essential for plant growth. Therefore, the end users usually choose to apply bio-fertilizers on plant leaves through sprays, enhancing the share of Foliar in India's Bio-Fertilizers market.

By Crop Type

- Fruits

- Vegetables

- Cereals & Grains

- Turfs

- Ornamentals

- Other (Oil Seeds, Pulses, etc.)

By Region

- North

- East

- West

- South

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Key Factor Driver India Bio-Fertilizers Industry Growth by 2030

Expanding Agricultural Activities & Exports Enhancing Market Growth – In recent years, India has witnessed population growth & surge in urbanization rate. The total population of India is estimated to be around 1.42 billion in 2023, an increase of about 11 million compared to the previous year, stated the World Bank. This, is in turn, raising the demand for agricultural food products like fruits & vegetables. Hence, farming activities in India are increasing to fulfill the requirement for edible products.

Who are the Key Players Operating in the India Bio-Fertilizers Industry?

The top companies of the India Bio-Fertilizers market ruling the industry are: 

• Indian Farmers Fertilizer Cooperative (IFFCO)
• AgriLife (SOM Phytopharma (India) Limited)
• Valagro Inc.
• Bayers AG
• Koppert Biological Systems
• United Phosphorus Ltd
• Hifield Organics Inc.
• Biostadt India Limited
• Sushila Biofertilizer Company P. Limited
• National Fertilizers Limited
• IPL Biologicals Limited
• Sri Vijaya Bio Fertilizers (India) Pvt. Ltd
• Others

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FAQs (Frequently Ask Questions)

1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
2. What are the trends influencing the current scenario of the India Bio-Fertilizers Market?
3. What are the key factors that would propel and hinder the industry?
4. Which geographical area dominates the India Bio-Fertilizers industry?
5. Which is the Leading segment in the market?

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