Market Size of china biofertilizer Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Base Year For Estimation | 2022 |
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CAGR | 10.17 % |
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Largest Share by Form | Azotobacter |
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Fastest Growing by Form | Rhizobium |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
China Biofertilizer Market Analysis
The China Biofertilizer Market is projected to register a CAGR of 10.17%
- Azotobacter is the Largest Form : Azotobacter is a nitrogen-fixing bacteria that capable of fixing roughly 20.0 kg of nitrogen per hectare and can be used as a substitute for mineral nitrogen fertilizers.
- Rhizobium is the Fastest-growing Form : Rhizobium, a member of the bacterial family Rhizobiaceae, can fix N2 in both legumes and non-legume crops and capable of fixing up to 300 kg N/ha/year in various legume crops.
- Row Crops is the Largest Crop Type : The major row crops grown in China are rice, wheat, corn, peanuts, millet, barley, oilseeds. Azotobacter is the most consumed biofertilizer in row crops with 31.7% in 2022.
- Cash Crops is the Fastest-growing Crop Type : The major cash crops grown in China include sugarcane, tea, cotton, tobacco, etc. Seaweed extracts are the most consumed biofertilizer in cash crops with 29.6% in 2022.
