|By PR Newswire||
|January 30, 2014 05:30 AM EST||
ALBANY, New York, January 30, 2014 /PRNewswire/ --
According to a new report published by Transparency Market Research "Biofertilizers (Nitrogen Fixing, Phosphate Solubilizing and Others) Market for Seed Treatment and Soil Treatment Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global demand for biofertilizers was valued at USD 440.0 million in 2012 and is expected to reach USD 1,028.7 million in 2019, growing at a CAGR of 13.0 % from 2013 to 2019.
Browse Biofertilizers Market Report with Full TOC at http://www.transparencymarketresearch.com/biofertilizers-market.html
Factors such as growth of theorganic food industry, support and promotion by government agencies and regulatory bodies for manufacturing biofertilizers and various environmental hazards associated with chemical fertilizers are expected to drive the demand for biofertilizers within the forecast period. The ill effects caused as a result of excessive use of chemical fertilizers have been one of the major drivers for the growth of bio-based plant treatment. However, certain sedative effects of biofertilizers over chemical fertilizers coupled with low adoption of biofertilizers by the farmers are expected to hamper the growth of the market. Huge potential for biofertilizers to grow in emerging economies such as China is expected to provide new opportunities to the biofertilizer industry.
Nitrogen fixing biofertilizers were the most widely used biofertilizers accounting for over 78% of the global demand in 2012. Demand for this product has been majorly due to its ecologically sound route for increasing nutrient supply coupled with increasing consumption for leguminous and non-leguminous plant products. However, phosphate solubilizing biofertilizers are expected to show the fastest growth over the next few years owing to their increasing use in agriculture as a cost-effective and eco-friendly multifunctional bio control agent.
Seed treatment accounted as the largest application segment for biofertilizers and the market for this segment was valued at USD 316.5 million in 2012. Growing restrictions on use of chemical pesticides hampering seed growth and the environmental hazards caused due to the use of chemicals in pesticides has led to a shift towards eco-friendly seed treatment methods such as biofertilizers. In addition, the demand for bio based soil treatments owing to increasing environmental concern is also expected to grow significantly over the next few years.
North America dominated the biofertilizers market in 2012 followed by Rest of the Worldon account of the growing demand for organic food coupled with the rising trend forconsumption of genetically modified (GM) crops in farming. Asia Pacific is expected to witness the highest growth within the forecast period on account ofincreasing awareness among the population generated by government support. The rate of production of biofertilizers in the region is expected to increase significantly owing to favorable strategies planned by government and increasing population. The demand for biofertilizers in Asia Pacific is expected to grow at a CAGR of 13.3% from 2013 to 2019, on account of the above mentioned factors.
Related & Recently Published Reports by Transparency Market Research
- Ophthalmic Drugs Market: http://www.transparencymarketresearch.com/ophthalmic-drugs-market.html
- Life Sciences BPO Market: http://www.transparencymarketresearch.com/life-sciences-bpo-market.html
- Molecular Diagnostics Market: http://www.transparencymarketresearch.com/molecular-diagnostics-industry.html
- Endocrine Testing Market: http://www.transparencymarketresearch.com/endocrine-testing-market.html
- Orthopedic Devices Market: http://www.transparencymarketresearch.com/orthopedic-devices-market.html
- Building and Construction Plastics Market: http://www.transparencymarketresearch.com/building-construction-plastics-market.html
- Organ Preservation Solutions Market: http://www.transparencymarketresearch.com/organ-preservation-solutions.html
The report gives a comprehensive view of the biofertilizer market in terms of volume and revenue. In addition, the report includes current demand analysis and forecast for each product and application in North America, Europe, Asia Pacific and Rest of the World. The report comprises of the following segments:
Biofertilizer Market: Product Segment Analysis
Others (Potacium, urea, etc.)
Biofertilizer Market: Application Analysis
Biofertilizer Market: Regional Analysis
Rest of the World
Browse all Chemical & Materials Market Research Reports @ http://www.transparencymarketresearch.com/chemical-market-reports-2.html
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
90 Sate Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...
May. 1, 2017 02:15 AM EDT Reads: 1,187
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
May. 1, 2017 01:45 AM EDT Reads: 1,107
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
May. 1, 2017 01:15 AM EDT Reads: 1,454
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
May. 1, 2017 12:30 AM EDT Reads: 1,288
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
May. 1, 2017 12:15 AM EDT Reads: 1,553
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
May. 1, 2017 12:00 AM EDT Reads: 1,292
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
May. 1, 2017 12:00 AM EDT Reads: 1,210
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
Apr. 30, 2017 11:45 PM EDT Reads: 2,864
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Apr. 30, 2017 11:00 PM EDT Reads: 1,943
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Apr. 30, 2017 10:45 PM EDT Reads: 2,631
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
Apr. 30, 2017 10:30 PM EDT Reads: 2,651
Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the USA and Europe, we work with a variety of customers from emerging startups to Fortune 1000 companies.
Apr. 30, 2017 10:00 PM EDT Reads: 2,687
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
Apr. 30, 2017 09:45 PM EDT Reads: 2,530
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
Apr. 30, 2017 09:45 PM EDT Reads: 2,726
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
Apr. 30, 2017 09:30 PM EDT Reads: 3,221