North America Biofertilizer Market Size, Share, Growth, 2023-2028

IMARC Group, a leading market research company, has recently released a report titled "North America Biofertilizer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the North America biofertilizer market share, size, trends, and growth forecasts. The report also includes competitor

How Big is the North America Biofertilizer Market?

The North America biofertilizer market size reached US$ 842 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,763 Million by 2028, exhibiting a growth rate (CAGR) of 13.4% during 2023-2028.

What is Biofertilizer?

Biofertilizer, an organic substance, consists of living microorganisms that facilitate the strength, health, and growth of a plant. The fertilizer also helps in nitrogen fixation, solubilizes phosphorus, and enhances soil fertility for the plant. It is commonly applied on plant surfaces, seeds, soil, or the plant interior to supply primary nutrients for the plant. Biofertilizers also eliminate the use of pesticides and chemical fertilizers as it is completely eco-friendly. The most commonly used biofertilizer include nostoc, Anabaena, Tolypothrix, Azospirillum, and Aulosira Genera.

Request For a PDF Sample Report: https://www.imarcgroup.com/north-america-biofertilizer-market/requestsample

What are the Growth Prospects and Trends in the North America Biofertilizer Industry?

The increasing demand for organic food, the rising awareness regarding the ill effects of chemicals, and expanding land area for organic farming across the region are the key factors driving the market growth. The increasing investments in the research and development (R&D) activities to develop enhanced solutions, the easy availability of the product, and suitable economic value are other growth-inducing factors. Apart from this, the growing awareness regarding the environmental benefits of biofertilizers and favorable government policies are creating a positive outlook for the market.

What is Included in Market Segmentation?

The report has categorized the market based on type, crop, microorganism and mode of application.

• Key Regions Analysed
  • United States
  • Canada
  • Mexico
• Analysis for Each Country
• Market by Type
  • Nitrogen-Fixing Biofertilizers
  • Phosphate-Fixing Biofertilizers
  • Others
• Market by Crop
  • Cereals and Grains
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Others
• Market by Microorganism
  • Cyanobacter
  • Rhizobium
  • Phosphate Solubilizing Bacteria
  • Azotobacter
  • Others
• Market by Mode of Application
  • Seed Treatment
  • Soil Treatment
  • Others
• Value Chain Analysis
• Key Drivers and Challenges
• Porters Five Forces Analysis
• PESTEL Analysis
• Government Regulations
• Competitive Landscape
  • Competitive Structure
  • Key Player Profiles

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1667&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges,