Mycorrhizae Based Biofertilizers Market to Grow with a CAGR of 8.47% through 2028
Rising awareness of environmental impact of
conventional fertilizers are expected to drive the Germany Mycorrhizae Based
Biofertilizers Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “Mycorrhizae
Based Biofertilizers Market – Germany Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Germany
Mycorrhizae Based Biofertilizers Market stood at USD 43.32 million in 2022 and
is anticipated to grow with a CAGR of 8.47% in the forecast period, 2024-2028. Germany
Mycorrhizae Based Biofertilizers Market is flourishing, driven by the nation's
commitment to sustainable agriculture, environmental conservation, and
increasing awareness of the benefits of mycorrhizae-based biofertilizers.
One of the
most critical drivers behind the growth of mycorrhizae-based biofertilizers in
Germany is the increasing emphasis on sustainable agriculture. Conventional
farming practices often rely heavily on chemical fertilizers and pesticides,
which can lead to soil degradation and environmental pollution. German farmers
are recognizing the need for a more sustainable approach to agriculture that
preserves soil fertility and promotes long-term environmental health. Mycorrhizae-based
biofertilizers offer a compelling solution to this problem. By forming a
symbiotic relationship with plant roots, these biofertilizers enhance nutrient
uptake, especially phosphorus, reducing the reliance on synthetic fertilizers.
This not only increases crop yield but also reduces the environmental impact
associated with chemical fertilizer runoff.
Germany is renowned for its strong environmental
consciousness, and this is reflected in its agricultural practices. The
awareness of the detrimental effects of chemical fertilizers and the importance
of soil conservation has prompted many farmers to seek alternatives.
Mycorrhizae-based biofertilizers align perfectly with these concerns by
promoting a balanced and sustainable ecosystem. The ongoing research and
development efforts in the field of mycorrhizae-based biofertilizers are
instrumental in expanding their applications and effectiveness. Scientists and
agricultural experts are working to develop specialized strains of mycorrhizal
fungi that are better suited to different crops and soil conditions. These
tailored formulations ensure optimal nutrient absorption and overall plant
health. Research is also focusing on enhancing the compatibility of mycorrhizal
fungi with various plant species, thereby expanding the range of crops that can
benefit from biofertilizers. As a result, an increasing number of mycorrhizae-based
biofertilizer products are entering the market, each designed to address
specific agricultural needs.
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The Germany Mycorrhizae Based Biofertilizers Market is
segmented into Type, Form, Mode of application, Application, Regional
Distribution, And Company. Based on the Form, Liquid emerged as the dominant
segment in the Germany Mycorrhizae Based Biofertilizers Market in 2022. :
Liquid mycorrhizae biofertilizers are convenient to apply, making them an
attractive choice for German farmers. They can be easily mixed with water and
applied through irrigation systems or as a foliar spray, reducing the labor and
time required for application. The liquid form allows for better penetration
into the soil, ensuring that mycorrhizal fungi establish a strong presence in the
root zone, leading to improved nutrient uptake and plant growth. Liquids can be
uniformly distributed across the field, which is essential for consistent
mycorrhizal colonization and nutrient delivery to all crops, thereby maximizing
yields. Liquid formulations often have a longer shelf life compared to powdered
or granular forms, ensuring the viability of the mycorrhizal spores over time
and reducing wastage. Based on the Mode
of Application, the Soil Treatment segment emerged as the dominant player in
the Germany Mycorrhizae Based Biofertilizers Market in 2022. Soil treatment allows for direct application
of mycorrhizal spores to the root zone, facilitating robust colonization of
plant roots by mycorrhizal fungi. This, in turn, maximizes the benefits of
nutrient uptake and improved plant growth. Mycorrhizae establish a long-lasting
presence in the root system when applied to the soil. This longevity ensures
sustained nutrient supply to crops throughout their growth stages.Soil
treatment is versatile and suitable for a wide range of crops and agricultural
systems, making it adaptable to the diverse agricultural landscape in Germany. Germany
places a strong emphasis on sustainable and environmentally friendly farming
practices. Soil treatment with mycorrhizae aligns with these principles by
reducing the need for chemical fertilizers and promoting soil health and
fertility. Mycorrhizae enhance nutrient uptake efficiency, allowing farmers to
reduce their reliance on synthetic fertilizers. This reduction in chemical
inputs resonates with both ecological and economic sustainability.
Based on the Type, the Endomycorrhizae segment emerged
as the dominant player in the Germany Mycorrhizae Based Biofertilizers Market
in 2022. Wide Host Range: Endomycorrhizal fungi, particularly arbuscular
mycorrhizae, have a broad host range and can form symbiotic relationships with
a wide variety of crops, making them suitable for a diverse range of
agricultural practices in Germany. Endomycorrhizae have a proven ability to
enhance the uptake of essential nutrients, such as phosphorus and micronutrients,
from the soil, which is particularly important in nutrient-deficient soils
common in various regions of Germany. Germany places a strong emphasis on
sustainable and environmentally friendly agriculture. Endomycorrhizae
contributes to reduced chemical fertilizer use, helping to lower the
environmental impact of farming practices. Arbuscular mycorrhizae have been
known to improve plant resistance to drought stress, an increasingly important
consideration in the face of changing climate patterns and water scarcity
concerns.
Western region emerged as the dominant player in the
Germany Mycorrhizae Based Biofertilizers Market in 2022, holding the largest
market share. Western Germany is home to some of the country's most
agriculturally intensive areas, with a higher concentration of farms and larger
cultivated land. This high level of agricultural activity creates a greater
demand for innovative and sustainable farming practices, including the use of
mycorrhizae-based biofertilizers. The western part of Germany is generally more
economically prosperous, which allows farmers in this region to invest in
advanced agricultural technologies and practices, such as mycorrhizae
biofertilizers. Western Germany is known for its diverse crop production,
including grains, vegetables, fruits, and horticultural crops. Mycorrhizae
biofertilizers can benefit a wide variety of crops, making them appealing to
farmers with diverse agricultural portfolios.
Major companies operating in Germany Mycorrhizae Based
Biofertilizers Market are:
- UPL Limited
- Novozymes A/S
- Premier Tech Ltd
- Plant HealthCare plc
- Groundwork BioAg Ltd.
- Vegalab SA
- Atens-Agrotechnologias Naturales S.L.
- Valent BioSciences LLC
- Lallemand Inc.
- Coromandel International Limited
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“The Germany
Mycorrhizae-Based Biofertilizers market is poised for significant growth in the
coming years. The country's strong commitment to sustainable agriculture and
environmental conservation aligns perfectly with the benefits offered by
mycorrhizae-based biofertilizers, which can reduce chemical inputs, improve
soil health, and enhance crop productivity. The increasing awareness of the
detrimental effects of traditional synthetic fertilizers on the environment has
prompted German farmers to seek eco-friendly alternatives, with mycorrhizae
biofertilizers at the forefront. Furthermore, ongoing research and development
efforts are continuously enhancing the effectiveness of mycorrhizae
formulations, making them more potent and adaptable to a wider range of crops.”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Germany Mycorrhizae Based Biofertilizers
Market Segmented By Type (Endomycorrhiza, Ectomycorrhiza), By Form (Liquid,
Solid), By Mode of Application (Soil Treatment, Seed Treatment, Fertilization
Treatment), By Application (Agriculture, Non-Agriculture) Region and
Competition, Opportunity, and Forecast, 2018-2028”, has evaluated
the future growth potential of Germany Mycorrhizae Based Biofertilizers Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Germany Mycorrhizae Based Biofertilizers
Market.
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