Data Bridge Market Research analyses that the rhizobium bacteria fertilizers market is expected to reach USD 3.37 billion by 2030, which is USD 1.79 billion in 2022, registering a CAGR of 8.20% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Rhizobium bacteria fertilizers are bio-fertilizer that comprises Acetobacter bacteria which has the capability to fixing atmospheric nitrogen and colonize the plant roots. It is particularly beneficial for sugarcane plantation because it activates the soil biologically and also stimulates plant growth. Rhizobium is a bacterium which has found in soil that aids in fixing nitrogen in leguminous plants. It combines to the roots of leguminous plant and then produces nodules. These nodules fix atmospheric nitrogen and then convert it into ammonia which can be used by the plant for its development and growth.
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Some of the major players operating in the rhizobium bacteria fertilizers market are:
- Yara (Norway)
- Nutrient Ltd (Canada)
- Euro hem Group (Switzerland)
- Allemande Inc (Canada)
- AUMGENE Biosciences (India)
- CF Industries Holdings Inc. (U.S.),
- PJSC (Russia)
- Koch Ag & Energy Solutions, LLC (U.S.)
- Vega lab S.A (Switzerland)
- Sino Fert Holdings Limited (China)
Global Rhizobium Bacteria Fertilizers Market Scope:
Global rhizobium bacteria fertilizers market is segmented on the basis of type, crop type, form, technology and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Nitrogen-Fixing
- Phosphate-Solubilizing
- Potash-Mobilizing
- Others
Crop Type
- Cereals and Grains
- Pulses and Oilseeds
- Fruits and Vegetables
- Others
Form
- Dispersible Granules
- Pellets, Powders
- Pure and Mixed Liquid Fermentations
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Rhizobium Bacteria Fertilizers Market Regional Analysis/Insights:
The rhizobium bacteria fertilizers market is analysed and market size insights and trends are provided by country, type, crop type, form, technology and application as referenced above.
The countries covered in the rhizobium bacteria fertilizers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate the rhizobium bacteria fertilizers market in terms of revenue and market share because of the increasing government interventions in farming practices in this region.
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