Market Size of united states 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 | 12.81 % |
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Largest Share by Form | Rhizobium |
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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 |
US Bio Fertilizers Market Analysis
The United States Biofertilizer Market is projected to register a CAGR of 12.81%
- Rhizobium is the Largest Form : Rhizobium is mainly because it is a vital source of nitrogen to the majority of agricultural soils, which can fix nitrogen ranging from 200 to 300 kilograms annually.
- Rhizobium is the Fastest-growing Form : The rhizobium based biofertilizers have the ability to reduce the overall dependence on chemical fertilizers, by reducing the total cost of production for farmers.
- Row Crops is the Largest Crop Type : The most popular biofertilizers applied to cereals are those based on Rhizobium, Azotobacter, Azospirillum, and Cyanobacteria. Which have shown a positive yield responses.
- Row Crops is the Fastest-growing Crop Type : The growing trend of row crop value is mainly due to increasing trend in therow crop cultivation area, it has increased by about 24.9% during the period between 2017 to 2021.
