North America Crop Protection Market Archives

Biofertilizers are materials that include microorganisms that boost soil fertility, which in turn helps plants and trees develop by increasing the availability of vital nutrients in the soil. Microbes such as bacteria, mycorrhizal fungus, and blue-green algae make up biofertilizers. For the purpose of supporting the growth of plants and trees, mycorrhizal fungi primarily remove nutrients from organic materials, whereas cyanobacteria are distinguished by their ability to fix nitrogen. Biofertilizers are widely recognized for their composition, affordability, and environmental friendliness. For a longer period of time, biofertilizers such rhizobium, blue green algae, and azotobacter have been utilized. Biofertilizers are materials that include microorganisms and help plants and trees thrive by supplying more vital nutrients to the soil.

According to SPER market research, ‘North America Biofertilizers Market Size- By Microorganism, By Technology Type, BY Source, By Application, BY Crop Type- Regional Outlook, Competitive strategies and Segment Forecast to 2033’ state that the North America Biofertilizers Market is predicted to reach USD 3.34 billion by 2033 with a CAGR of 13.63%.

The market for biofertilizers is expected to rise as a result of a number of government programs as well as increased awareness of the need for sustainable practices in modern agriculture. Customers are worried about food safety, rising food residue, and environmental difficulties as a result of growing public health concerns. People are eating organic food that is devoid of chemicals as a result of this understanding. Since green manure and biofertilizers are necessary for organic farming, the market for biofertilizers has been driven by consumer demand for these goods. Due to the rising demand for organic cereals in emerging nations due to their superior nutritional value, biofertilizer use in cereals and grains is also rising.

Nonetheless, there are several obstacles in the way of North America’s biofertilizer market expansion. One of the main factors affecting the biofertilizer market is pricing, which is now having a negative effect. The government’s inadequate support for organic farming has hindered the expansion of biofertilizers. A few other obstacles to the commercialization of biofertilization are the delayed reaction of biofertilizers, the market’s availability of low-quality bioinoculants, and the industry’s restricted capacity for industrial production. When exposed to high temperatures, biofertilizers become viable; nevertheless, they are also prone to contamination and have a short half-life. Another factor impeding the growth of the biofertilizer market is the dearth of testing and research facilities.

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The COVID-19 pandemic has caused a worldwide lockdown, which has hampered research and development as well as the industrial process overall. Uncertainties about sourcing and manufacturing have hurt the biofertilizer sector. The food supply chain was also disrupted by the outbreak, which reduced the market for biofertilizers. The epidemic has also changed consumer behaviour, increasing interest in organic farming and creating a need for nutrient-rich food.

North America Biofertilizers Market Key Players:

Because of huge demand of nutrient rich food products and organic farming, North America accounted for the biggest revenue share geographically in Biofertilizers market. The biofertilizers market has benefited from innovative technologies, increasing land area for organic farming, and reasonable pricing. There are some key players in biofertilizers market expansion are Agriculture Solutions, Inc., Agrinos, Agrocare Canada, BioFert Manufacturing Inc., California Organic Fertilizers, Inc., and others.

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North America Biofertilizers Market Outlook

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A biofertilizer is an organic compound containing live microorganisms that promote plant growth and resistance. It can be applied to seeds, plant surfaces, soil, or the plant’s interior to provide necessary primary nutrients. Biofertilizers contribute to nitrogen fixation, plant development, phosphorus solubilization, and soil fertility. As an environmentally beneficial ingredient, biofertilizer decreases the need for chemical fertilisers and pesticides.

According to SPER market research, ‘North America Biofertilizers Market Size- By Microorganism, By Technology Type, By Application, By Crop Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North America Biofertilizers Market is estimated to reach USD 3.34 billion by 2033 with a CAGR of 13.63%.

The world’s largest biofertilizer market is located in North America. The region’s rising demand for organic food has boosted demand for biofertilizers. The biofertilizer market has benefited from innovative technologies, simple access to the product, increasing land area for organic farming, and reasonable pricing. In the next years, the market will be driven by increased awareness of biofertilizers’ multiple health and environmental benefits. Global farmers are embracing biofertilizers in response to increased government initiatives, notably in low-input agriculture that promotes sustainable practices.

Biofertilizers address modern agriculture’s growing requirement for sustainability by reducing greenhouse gas emissions, conserving energy and water, and lowering drought risks. Biofertilizers improve soil health and agricultural yield while also providing phytohormones that promote plant development. Notably, unlike chemical fertilisers, biofertilizers have no long-term environmental consequences, making them a cost-effective and sustainable source of plant nutrition while also promoting integrated nutrition management in agriculture.

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The North American biofertilizer business is facing problems due to adverse price circumstances and limited government support for organic agriculture. To benefit on the rising desire for organic farming, the biofertilizer industry must overcome challenges such as limited government support and cost considerations. Furthermore, there are disadvantages to biofertilizer products, such as their short shelf life and susceptibility to contamination. High temperatures kill the microorganisms in biofertilizers, necessitating storage in a cool, dry environment. Microorganism survival during storage is a difficulty for agricultural inoculation technology, which is influenced by a variety of factors including the culture medium, harvesting circumstances, dehydration process, drying rate, temperature management, and water activity.

Impact of COVID-19 on North America Biofertilizers Market

Furthermore, the United States has the greatest number of confirmed COVID-19 instances in the area, which has a negative influence on biofertilizer market manufacturing, R&D, and development. The pandemic’s effects on food supply chains have caused interruptions in manufacturing and raw material procurement, harming the biofertilizer industry. The pandemic has impacted consumers’ lifestyles, increasing interest in organic farming and creating a demand for healthier food items. Because of the epidemic, people are becoming more aware of the importance of organic food, which encourages the adoption of organic agricultural practices and, as a result, increases the need for biofertilizers in the North American market.

North America Biofertilizers Market Key Players:

The United States accounted for a large share of market revenue, making it the leading market. Mexico is a developing market in North America’s biofertilizer industry. Furthermore, some of the market’s leading companies are BioFert Manufacturing Inc., California Organic Fertilizers, Inc., Agriculture Solutions, Inc., Agrinos, Agrocare Canada, Fertilizers USA LLC, Fertoz, Kiwa Bio-Tech Products Group Corporation, Lallemand Inc., Nutrein Ltd, Orgunique, Rizobacter Argentina SA, Others.

Our in-depth analysis of the North America Biofertilizers Market includes the following segments:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Microorganism: