Mycorrhizae-Based Biofertilizers Market Report: Trends, Forecast and Competitive Analysis to 2030

Mycorrhizae-Based Biofertilizers Market Trends and Forecast

The future of the global mycorrhizae-based biofertilizers market looks promising with opportunities in the agriculture, oilseeds & pulses, and non-agriculture markets. The global mycorrhizae-based biofertilizers market is expected to reach an estimated $1.6 billion by 2030 with a CAGR of 14.5% from 2024 to 2030. The major drivers for this market are shift in demand for natural and sustainable flavors, surge in demand for organic food, and detrimental impacts of synthetic fertilizers on environment.

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Mycorrhizae-Based Biofertilizers Market by Segment

The study includes a forecast for the global mycorrhizae-based biofertilizers market by form, type, application, and region

Mycorrhizae-Based Biofertilizers Market by Form [Shipment Analysis by Value from 2018 to 2030]:

• Solid
• Liquid

Mycorrhizae-Based Biofertilizers Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Ectomycorrhizae
• Endomycorrhizae

Mycorrhizae-Based Biofertilizers Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Agriculture
• Oilseeds & Pulses
• Non-Agriculture

Mycorrhizae-Based Biofertilizers Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Mycorrhizae-Based Biofertilizers Market Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mycorrhizae-based biofertilizers market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mycorrhizae-based biofertilizers market companies profiled in this report include-

• Novozymes
• UPL
• Premier Tech
• Groundwork
• Plant Health Care
• Valent BioSciences
• Vegalab
• Agrinos
• AgriLife
• Sustane Natural Fertilizer

Mycorrhizae-Based Biofertilizers Market Market Insights

Lucintel forecast that ectomycorrhizae is expected to witness highest growth over the forecast period.

Within this market, agriculture will remain the largest segment due to increased production of a variety of food items, such as fruits, vegetables, cereals and grains, and many others, in order to generate healthier products.

North America is expected to witness highest growth over the forecast period due to greater government involvement in organic farming methods and early acceptance of cutting-edge and novel products in the US and Canada.

Features of the Global Mycorrhizae-Based Biofertilizers

Market Size Estimates: Mycorrhizae-based biofertilizers market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Mycorrhizae-based biofertilizers market size by form, type, application, and region in terms of value ($B).

Regional Analysis: Mycorrhizae-based biofertilizers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different form, type, application, and regions for the mycorrhizae-based biofertilizers.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the mycorrhizae-based biofertilizers.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the mycorrhizae-based biofertilizers market size?

Answer: The global mycorrhizae-based biofertilizers market is expected to reach an estimated $1.6 billion by 2030.

Q.2 What is the growth forecast for mycorrhizae-based biofertilizers?

Answer: The global mycorrhizae-based biofertilizers market is expected to grow with a CAGR of 14.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the mycorrhizae-based biofertilizers?

Answer: The major drivers for this market are shift in demand for natural and sustainable flavors, surge in demand for organic food, and detrimental impacts of synthetic fertilizers on environment.

Q4. What are the major segments for mycorrhizae-based biofertilizers?

Answer: The future of the global mycorrhizae-based biofertilizers market looks promising with opportunities in the agriculture, oilseeds & pulses, and non-agriculture markets.

Q5. Who are the key mycorrhizae-based biofertilizers market companies?

Answer: Some of the key mycorrhizae-based biofertilizers market companies are as follows:

• Novozymes
• UPL
• Premier Tech
• Groundwork
• Plant Health Care
• Valent BioSciences
• Vegalab
• Agrinos
• AgriLife
• Sustane Natural Fertilizer

Q6. Which mycorrhizae-based biofertilizers market segment will be the largest in future?

Answer: Lucintel forecast that ectomycorrhizae is expected to witness highest growth over the forecast period.

Q7. In mycorrhizae-based biofertilizers, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to greater government involvement in organic farming methods and early acceptance of cutting-edge and novel products in the US and Canada.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the mycorrhizae-based biofertilizers market by form (solid and liquid), type (ectomycorrhizae and endomycorrhizae), application (agriculture, oilseeds & pulses, and non-agriculture), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?