(
EMAILWIRE.COM, January 12, 2017 ) Biofertilizers play a crucial role in improving organic content in soil, which supplies necessary nutrients to plants.These are low cost renewable sources of plant nutrients which supplement chemical fertilizers. Use of Biofertilizers is one of the essential components of combined nutrient management, as they are cost effective and renewable source of plant nutrients to enhance the chemical fertilizers for sustainable agriculture.
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Significant R&D efforts have been started in the last few years along with rising awareness of the farmers; these are the major factors driving the growth of this market. The market is driven by aspects such as rise in demand for fertilizers due to the increase in food production and advancement in
bio fertilizer manufacturing machineries.
Segmentation:
By Type:
• Nitrogen Fixing
• Phosphate Solubilizing
• Potash Mobilizing
By Crop Type:
• Cereals & Grains
• Pulses & Oilseeds
• Fruits & Vegetables
By Microorganism:
• Azotobacter
• Azospirillium
• Rhizobium
• Phosphate Solubilizing Bacteria
• Cyanobacteria
By Mode of Application:
• Seed Treatment
• Soil Treatment
By Form:
• Pure & Mixed Liquid Fermentations
• Dispersible Granules
• Pellets
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The value chain includes producers in the Biofertilizers market and they are Lallemand Inc. (Canada), Camson Bio Technologies Limited (India), Rizobacter Argentina S.A. (Argentina), Novozymes A/S (Denmark), Camson Bio Technologies Limited (India) and Nutramax Laboratories Inc. (U.S.), Symborg S.L., Mapleton Agri Biotech Private Ltd and AgriLife.
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