Increasing global population, meat consumption, and diversified food demand is anticipated to drive this market. In addition, limited availability of arable land is likely to fuel demand over the forecast period. Rising demand for cereals and grains on account of rapidly increasing population across the globe is anticipated to support the growth of phosphate fertilizers over the coming years. In order to meet the soaring demand for food in keeping with limited availability of arable land, crop yield can be increased with help of phosphate fertilizers.
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Phosphate is a primary nutrient needed by plants to grow to their full potential. It is essential to normal plant growth, especially for the absorption of the sun’s energy and converting it to useful plant compounds. Several phosphate fertilizers are used to meet the phosphorous (P) requirement in plants. It helps create strong roots, stems, resistance to disease, and a productive plant.
Usage of phosphorous in chemical fertilizers and feed supplements enhances the soil’s nutrition. Use of fertilizers in agriculture is one of the key land management practices that substantially increases crop yield and soil fertility. As a critical component of ‘green revolution’, phosphate fertilizers have contributed considerably in raising agricultural productivity and reducing hunger worldwide. Farmers treat their lands with phosphorus fertilizers to increase the yield of their crops. However, a large amount of this resource is lost from farm fields through soil erosion and runoff and down-swirling toilets.
On the down side, stringent private and government regulations in various countries is posing a challenge to industry growth. Nutrients such as nitrogen and phosphorous are naturally occurring elements for plant growth; however, increased levels of these nutrients can impact freshwater resources such as lakes, rivers, and streams. Sewage discharges and fertilizer runoff containing phosphorous contribute to increased nutrient water levels. High concentrations of phosphorous or nitrogen in freshwater resources can lead to excessive aquatic plant and algae growth. It can cause algae blooms, reduce water quality, and deplete oxygen levels, thereby stressing or killing aquatic life.
The worldwide market for Biological Phosphorus Fertilizer is expected to grow at a CAGR of roughly over the next five years, will reach million US$ in 2024, from million US$ in 2019
This report focuses on the Biological Phosphorus Fertilizer in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Novozymes
- Biomax
- RIZOBACTER
- Agri Life
- Symborg
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Type I
- Type II
Market Segment by Applications, can be divided into
- Application I
- Application II
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The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Biological Phosphorus Fertilizer product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Biological Phosphorus Fertilizer, with price, sales, revenue and global market share of Biological Phosphorus Fertilizer in 2017 and 2018.
Chapter 3, the Biological Phosphorus Fertilizer competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Biological Phosphorus Fertilizer breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Biological Phosphorus Fertilizer market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Biological Phosphorus Fertilizer sales channel, distributors, customers, research findings and conclusion, appendix and data source.