Biofertilizers Market Worth $3.2 billion by 2029
Meticulous Research ® —a leading global market research company, published a research report titled, ‘ Biofertilizers Market by Microorganism Type (Nitrogen-fixing Microbes {Rhizobia Bacteria}, Phosphate Solubilizing Microbes), Crop Type (Cereals & Grains, Oilseeds & Pulses), Mode of Application (Seed Treatment, Fertigation), Form - Global Forecast to 2029.’ According to this latest publication from Meticulous Research ® , the biofertilizers market is projected to reach $3.2 billion by 2029, at a CAGR of 11.5% from 2022–2029. The growth of this market is driven by the growth in organic farming, the rising demand for organic food, the growing concerns regarding environmental safety, the increasing government initiatives to promote the use of biofertilizers, and the rising investments from leading market players. Furthermore, the growing adoption of fertilizers in emerging economies is expected to provide significant opportunities for the players operating in ...