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United States Biofertilizer (Rhizobium, Azotobacter, Azospirillum, Blue-Green Algae, Phosphate Solubilizing Bacteria, Mycorrhiza, and Others) Market 2018-2023

Dublin, Sept. 26, 2018 (GLOBE NEWSWIRE) -- The "US Biofertilizer Market - Segmented by Microorganisms - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The total consumption of US Biofertilizer Market was 245,463.4 metric ton in 2017 and is expected to register a CAGR of 4.9% during the forecast period (2018-2023).


The number of certified organic farms have been increasing at a very slow rate in the United States, from 14,093 farms in 2014 to a slight drop to 12,818 farms in 2015, with an increase to 14,185 farms in 2016. California accounted for the highest number of farms in the country, with 2,713 certified organic farms in 2016.


Biofertilizers are defined as substances comprising living microbes, which when applied to seed, plant, and soil stimulate growth by the supply of essential nutrients, such as N, P, and other mineral nutrients. Moreover, inoculants that provide nutrients to the plants are also considered as biofertilizers. The US biofertilizers market is segmented by microorganisms into rhizobium, azotobacter, azospirillum, blue-green algae, phosphate solubilizing bacteria, mycorrhiza, and other microorganisms.

The Major Consuming Segment - Rhizobium


The total consumption of rhizobium biofertilizer in US is 87,842.1 metric ton in 2017. These inoculants are the best known and most exploited for their symbiotic nitrogen-fixing ability. The popular genera used are bradyrhizobium, sinorhizobium, azorhizobium, mesorhizobium, and allorhizobium. They are distributed all across North America. As of 2014, the majority of bio fertilizers used were rhizobium-based, which constituted a major portion of the US market demand.

Need for Improving Soil Organic Matter


Conventional farming practices were being extensively carried out in agriculture, which made use of synthetic fertilizers for providing essential plant nutrients to the soil. An overuse of these fertilizers destroyed the soil, by rescinding the soil of its essential nutrients and thereby causing degradation of the soil. As a result, in order to improve the quality of soil, there is the need to make use of an alternative method, such as using biofertilizers, which can help in improving the quality of the soil, without depriving it of the essential nutrients. Using biofertilizers also helps in scaling up the nutrient intake of plants, which is also essential to the current scenario. Biofertilizers are utilized for rice, pulses, millets, cotton, sugarcane, and other horticulture crops. Since biofertilizers are capable of boosting the soil organic matter, it is considered to be one of the most important components of soil management, in the current paradigm.

Low Product Efficacy under Unfavorable Conditions


Biofertilizers constitute fungi, bacteria, protozoa, and many other living microorganisms. Since biofertilizers are often stored under non-ideal conditions (e.g., high temperature, light exposure), they have lower shelf life, and this results in lower efficacy. The microorganisms should either be robust, or should have greater capacity to survive in high numbers under harsh conditions, if efficacy has to be increased. Some biofertilizers are crop-specific and location-specific and hence, their efficacy does not stay the same at diverse locations, due to variances in agro-climatic conditions and soil-edaphic factors. Carrier-enriched biofertilizers make use of peat, coal, clays, lignite, inorganic soil, etc. The shelf-life of such biofertilizers is limited to 6-12 months in powder form.

Key Developments of US Biofertilizer Market

May 2018 - Omics International has organized several conferences globally and has invited researches and scholars to submit their manuscripts regarding biofertilizers. After the peer review process for each manuscript, few of them are published.
Jul 2016 - The National Organic Program, a part of USDA's Agricultural Marketing Service enforces the regulations to be followed in order to ensure the integrity of the USDA organic seal.

Key Topics Covered:

1. Introduction
1.1 Market Definition
1.2 Key Findings of the Stud

2. Research Scope & Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases

3. Market Dynamics
3.1 Drivers
3.1.1 Increased Practice of Organic Farming
3.1.2 Need for Improving Soil Organic Matter
3.1.3 Increasing Government Support to Promote Organic Farming
3.2 Restraints
3.2.1 Low Product Efficacy under Unfavorable Conditions
3.2.2 Stringent and Time-consuming Process of Registration
3.2.3. Low Shelf Life of Microorganisms

4. Industry Analysis
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Threat of Substitutes
4.1.5 Competitive Rivalry

5. Market Segmentation
5.1 By Micro Organism
5.1.1 Rhizobium
5.1.2 Azotobacter
5.1.3 Azospirillum
5.1.4 Blue-green Algae
5.1.5 Phosphate Solubilizing Bacteria
5.1.6 Mycorrhiza
5.1.7 Other Microorganisms

6. Competitive Landscape
6.1 Most Adopted Strategies
6.2 Most Active Companies
6.3 Market Share Analysis

7. Company Profiles
7.1 Abhinav Biotech
7.2 Agrinos AS
7.3 Agro Solutions Gmbh & Co
7.4 Bioworks Inc.
7.5 Camson Biotechnologies Limited
7.6 Kiwa Bio-Tech Products Group Corporation
7.7 Lallemand Inc.
7.8 Symborg SL
List Not Exhaustive

8. Future Outlook of the Market

9. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/qc6nqj/united_states?w=12

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                    Related Topics: Agrochemicals and Fertilizers
                    

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