The Rhizobium Bacteria Fertilizers Global Market Report 2023, provides comprehensive information on the rhizobium bacteria fertilizers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Rhizobium Bacteria Fertilizers Market’s Growth:
As per The Business Research Company’s Rhizobium Bacteria Fertilizers Global Market Report 2023, the market size is expected to grow from $1.85 billion in 2022 to $2.00 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global rhizobium bacteria fertilizers market size is expected to reach $2.77 billion in 2027 at a CAGR of 8.5%.
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Strategic collaborations and partnerships are key trends gaining popularity in the rhizobium bacteria fertilizers market. Major market players are collaborating to develop novel technologies. For Instance, in December 2022, Syngenta Seedcare, a Switzerland-based agricultural science and technology company, collaborated with Bioceres Crop Solutions collaborated to commercialize novel biological seed treatments. This seed-applied solution supports regenerative agriculture by assisting crops like soybean in absorbing nitrogen from the atmosphere and greatly reducing the requirement for nitrogen fertilizers. Bioceres Crop Solutions Corp. is an Argentina-based fully integrated provider of crop productivity technologies company. Furthermore, in July 2022, BiOWiSH Technologies, a US-based, all-natural biotechnology company for the agronomy, aquaculture, animal production & water treatment industries collaborated with SABIC Agri-Nutrients, to develop a combination of proprietary microbial cultures called BiOWiSH Crop Liquid can be added to liquid fertilizers or coated onto dry fertilizer to increase the fertilizer’s effectiveness. SABIC Agri-Nutrients is a Saudi Arabia- based chemical company.
The rhizobium bacteria fertilizers market is segmented:
1) By Type: Nitrogen-Fixing, Phosphate-Solubilizing, Potash-Mobilizing, Other Types
2) By Crop Type: Cereals And Grains, Pulses And Oilseeds, Fruits And Vegetables, Other Crop Types
3) By Technology: Carrier Enriched Biofertilizers, Liquid Biofertilizers
4) By Application: Seed Treatment, Soil Treatment, Other Applications
Asia-Pacific was the largest region in the rhizobium bacteria fertilizers market in 2022.
The table of contents in TBRC’s rhizobium bacteria fertilizers market report includes:
- Executive Summary
- Rhizobium Bacteria Fertilizers Market Characteristics
- Rhizobium Bacteria Fertilizers Market Trends And Strategies
- Rhizobium Bacteria Fertilizers Market – Macro Economic Scenario
- Rhizobium Bacteria Fertilizers Market Size And Growth
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- Africa Rhizobium Bacteria Fertilizers Market
- Rhizobium Bacteria Fertilizers Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Rhizobium Bacteria Fertilizers Market
- Rhizobium Bacteria Fertilizers Market Future Outlook and Potential Analysis
- Appendix
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