Global Mycorrhizae Based Biofertilizers market is anticipated to witness impressive growth during the forecast period. This can be ascribed to the growing demand for the organic food industry in the developing region. Also, growing initiatives by government agencies and an increase in awareness pertaining to the need for sustainability in modern agriculture will further boost the growth of the market during the forecasted period. Similarly, the growing adoption of precision farming and protected agriculture is expected to create significant growth in the forecasted periods. Additionally, growing demand for reducing chemical fertilizers along with growing usage of biofertilizers in private ranch firms are expected to enhance the demand for global mycorrhizae-based biofertilizers over the years. Also, growing demand for increasing the production of crops due to the rapidly growing population across the globe along with growing environmental concerns for using chemical biofertilizers are the major factor fuelling the growth of the market over the years, Similarly, a growing number of major key players for the development of bio-based fertilizers for better crop productivity will enhance the demand for mycorrhizae based biofertilizers during the forecasted period.

Growing Demand for Organic Food
Growing demand for organic food for maintaining a healthy lifestyle can enhance the demand for mycorrhizae-based biofertilizers in the forecast period. Also, increasing demand for secure food and nourishment along with producing organic vegetables on a farm can reduce rural unemployment and poverty in the developing region. Novozymes produced a biofertilizer called as RhyzoMyco which will enhance the nutrient uptake in the crops like potatoes and cucumbers. Enhancing the production of organic fruits and vegetables is a preventive measure that will ensure good health and with environmental advantages thereby prompting the increased usage of mycorrhizae-based biofertilizers and boosting the growth of the market during the forecasted period. Also, the growing demand for adopting organic farming to reduce the increasing pollution in the soil can enhance the demand for mycorrhizae-based biofertilizers in the forecasted period. According to the study, Arbuscular mycorrhiza is a common symbiotic relationship between plant roots and specialized soil fungi, and it has good soil health and high crop yields which will help the agriculture sector as well as other industries. In 2020, the Government of India announced that every farmer has to buy bio fertilizers urea to promote organic nutrients and reduce the use of chemical fertilizers.

 


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Growing Demand for Natural and Sustainable flavours 

Chemical fertilizers are expensive, non-eco-friendly, and harmful to human health, and can cause eutrophication, and diminish the soil organic matter and microbe activity. So, the use of mycorrhizae-based biofertilizers is increased as it has organic compounds and is environment friendly. Growing demand for soil quality by supplying nutrients and the natural environment in the rhizosphere can enhance the demand for the mycorrhizae-based biofertilizers market during the forecasted period. The microbes present in mycorrhizal biofertilizers such as ectomycorrhiza and endomycorrhiza species produce phosphorus and other beneficial nutrients in plants. It plays an important role in plant growth productivity and protection against biotic and abiotic stress which can produce an essential and effective product for organic and sustainable agriculture which will further boost the growth of the market during the forecasted period. 


In April 2022, Premier Tech Ltd acquired US-based Northwoods Organics transaction would allow Premier Tech to strengthen its position in the United States by adding two peat bogs and a packaging plant for conditioning horticultural products.

 

Market Segmentation

Global Mycorrhizae Based Biofertilizers market can be segmented by types, form, mode of application, application, and by region. Based on types, the market can be divided into Ectomycorrhiza and Endomycorrhizae. Based on Form, the market can be divided into Liquid and Solid. Based on Mode of Application, the market can be grouped into Seed Treatment, Soil Treatment, and Fertilization Treatment. Based on Application, the market can be segmented into Agricultural and Non-agricultural. Regionally, North America dominated the market among Asia Pacific, Europe, Middle East & Africa, and South America. Among the different countries, the United States dominated the global Mycorrhizae Based Biofertilizers market on account of the increasing demand for organic food in the country.

 

Recent Development

  • May 2021, Rhizobacteria Argentina S.A announced Micro star BIO, a specialty fertilizer that is a mixture of chemical and biological fertilizers. This fertilizer shall enable farmers to cultivate profitable crops and boost the nutrient value of soil.
  • In January 2021, Lallemand Inc. acquired Biotec BetaGlucans AS (BBG), a wholly owned subsidiary of the ArticZymes Technologies ASA (AZT) company specialized in the development, production, and sales of high purity beta-glucan products, from yeast cell walls.

Market Players

Novozymes A/S., Upl Limited., Premier Tech Ltd., Groundwork Bioag Ltd., Plant Health Care Plc., Valent BioSciences Corporation, Atens-Agrotechnologias Naturales S.L., Vegalab S.A., Lallemand Inc., Agrinos Inc., Agrilife Limited, are some of the leading players operating in the Global Mycorrhizae Based Biofertilizers Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Type

By Form

By Mode of Application

By Application

By Region

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE

Key companies profiled

Novozymes A/S., Upl Limited., Premier Tech Ltd., Groundwork Bioag Ltd., Plant Health Care Plc., Valent BioSciences Corporation, Atens-Agrotechnologias Naturales S.L., Vegalab S.A., Lallemand Inc., Agrinos Inc., Agrilife Limited

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Mycorrhizae Based Biofertilizers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Mycorrhizae Based Biofertilizers Market, By Type:

o      Ectomycorrhizae

o      Endomycorrhizae

Mycorrhizae Based Biofertilizers Market, By Form:

o      Liquid

o      Solid

Mycorrhizae Based Biofertilizers Market, By Mode of Application:

o      Seed Treatment

o      Soil Treatment

o      Fertilization Treatment

Mycorrhizae Based Biofertilizers Market, By Application:

o      Agricultural

o      Non-agricultural

Mycorrhizae Based Biofertilizers Market, By Region:

o      North America

  • United States
  • Canada
  • Mexico

o      Europe

  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain

o      Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia

o      South America

  • Brazil
  • Argentina
  • Colombia

o      Middle East & Africa

  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Mycorrhizae Based Biofertilizers Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Mycorrhizae-Based Biofertilizers Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type (Ectomycorrhizae, Endomycorrhizae,)

5.2.2.     By Form (Liquid v/s Solid)

5.2.3.     By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)

5.2.4.     By Application (Agricultural v/s Non-agricultural)

5.2.5.     By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.6.     By Company (2022)

5.3.  Market Map

5.3.1 By Type

5.3.2 By Form

5.3.3 By Mode of Application

5.3.4 By Application

5.3.3 By Region

6.    North America Mycorrhizae-Based Biofertilizers Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Ectomycorrhizae, Endomycorrhizae,)

6.2.2.     By Form (Liquid, Solid)

6.2.3.     By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)

6.2.4.     By Application (Agricultural, Non-agricultural)

6.2.5.     By Country

6.3.  North America: Country Analysis

6.3.1.     United States Mycorrhizae-Based Biofertilizers Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type

6.3.1.2.2.             By Form

6.3.1.2.3.             By Mode of Application

6.3.1.2.4.             By Application

6.3.2.     Canada Mycorrhizae-Based Biofertilizers Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type

6.3.2.2.2.             By Form

6.3.2.2.3.             By Mode of Application

6.3.2.2.4.             By Application

6.3.3.     Mexico Mycorrhizae-Based Biofertilizers Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type

6.3.3.2.2.             By Form

6.3.3.2.3.             By Mode of Application

6.3.3.2.4.             By Application

7.    Europe Mycorrhizae-Based Biofertilizers Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Ectomycorrhizae, Endomycorrhizae,)

7.2.2.     By Form (Liquid v/s Solid)

7.2.3.     By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)

7.2.4.     By Application (Agricultural v/s Non-agricultural)

7.2.5.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Mycorrhizae-Based Biofertilizers Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Form

7.3.1.2.3.             By Mode of Application

7.3.1.2.4.             By Application

7.3.2.     Germany Mycorrhizae Based Biofertilizers Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Form

7.3.2.2.3.             By Mode of Application

7.3.2.2.4.             By Application

7.3.3.     United Kingdom Mycorrhizae Based Biofertilizers Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Form

7.3.3.2.3.             By Mode of Application

7.3.3.2.4.             By Application

7.3.4.     Italy Mycorrhizae Based Biofertilizers Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Form

7.3.4.2.3.             By Mode of Application

7.3.4.2.4.             By Application

7.3.5.     Spain Mycorrhizae Based Biofertilizers Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Form

7.3.5.2.3.             By Mode of Application

7.3.5.2.4.             By Application

8.    Asia-Pacific Mycorrhizae Based Biofertilizers Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type (Ectomycorrhizae, Endomycorrhizae,)

8.2.2.     By Form (Liquid v/s Solid)

8.2.3.     By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)

8.2.4.     By Application (Agricultural v/s Non-agricultural)

8.2.5.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Mycorrhizae Based Biofertilizers Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Form

8.3.1.2.3.             By Mode of Application

8.3.1.2.4.             By Application

8.3.2.     India Mycorrhizae Based Biofertilizers Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Form

8.3.2.2.3.             By Mode of Application

8.3.2.2.4.             By Application

8.3.3.     Japan Mycorrhizae Based Biofertilizers Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Form

8.3.3.2.3.             By Mode of Application

8.3.3.2.4.             By Application

8.3.4.     South Korea Mycorrhizae Based Biofertilizers Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Form

8.3.4.2.3.             By Mode of Application

8.3.4.2.4.             By Application

8.3.5.     Australia Mycorrhizae Based Biofertilizers Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Form

8.3.5.2.3.             By Mode of Application

8.3.5.2.4.             By Application

9.    South America Mycorrhizae Based Biofertilizers Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type (Ectomycorrhizae, Endomycorrhizae,)

9.2.2.     By Form (Liquid v/s Solid)

9.2.3.     By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)

9.2.4.     By Application (Agricultural v/s Non-agricultural)

9.2.5.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Mycorrhizae Based Biofertilizers Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Form

9.3.1.2.3.             By Mode of Application

9.3.1.2.4.             By Application

9.3.2.     Argentina Mycorrhizae Based Biofertilizers Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Form

9.3.2.2.3.             By Mode of Application

9.3.2.2.4.             By Application

9.3.3.     Colombia Mycorrhizae Based Biofertilizers Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Form

9.3.3.2.3.             By Mode of Application

9.3.3.2.4.             By Application

10.  Middle East and Africa Mycorrhizae Based Biofertilizers Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type (Ectomycorrhizae, Endomycorrhizae,)

10.2.2.  By Form (Liquid v/s Solid)

10.2.3.  By Mode of Application (Seed Treatment, Soil Treatment, Fertilization Treatment)

10.2.4.  By Application (Agricultural v/s Non-agricultural)

10.2.5.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Mycorrhizae Based Biofertilizers Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Form

10.3.1.2.3.           By Mode of Application

10.3.1.2.4.           By Application

10.3.2.  Saudi Arabia Mycorrhizae Based Biofertilizers Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Form

10.3.2.2.3.           By Mode of Application

10.3.2.2.4.           By Application

10.3.3.  UAE Mycorrhizae Based Biofertilizers Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Form

10.3.3.2.3.           By Mode of Application

10.3.3.2.4.           By Application

11.  Market Dynamics

11.1.              Drivers

11.1.1 Growing demand for organic food.

11.1.2 Growing demand for sustainable food and flavors

      11.2           Challenges

              11.2.1 High product cost of mycorrhizae based biofertilizers

              11.2.2 Lack of knowledge about organic farming

12.  Market Trends & Developments

12.1.              Recent Development

12.2.              Mergers & Acquisitions

12.3.              Product Launches

13.  Global Mycorrhizae Based Biofertilizers Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.              Competition in the Industry

14.2.              Potential of New Entrants

14.3.              Power of Suppliers

14.4.              Power of Customers

14.5.              Threat of Substitute Products

15.  Competitive Landscape

15.1.              Business Overview

15.2.              Product Offerings

15.3.              Recent Developments

15.4.              Financials (As Reported)

15.5.              Key Personnel

15.5.1.  Novozymes A/S.

15.5.2.  UPL Limited.

15.5.3.  Premier Tech Ltd.

15.5.4.  Groundwork Bioag Ltd.

15.5.5.  Plant Health Care Plc.

15.5.6.  Valent BioSciences Corporation

15.5.7.  Atens-Agrotechnologias Naturales S.L.

15.5.8.  Vegalab S.A.

15.5.9.  Lallemand Inc.

15.5.10.                Agrinos Inc.

15.5.11.                Agrilife Limited

16. Strategic Recommendations

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