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(MoneyNewsWire.Net, July 26, 2017 ) According to the report Latin America Biofertilizers", published by Market Data Forecast, the Latin America market is projected to reach USD 231.9 million by 2021, at a CAGR of 13.9% from 2016 to 2021.
Biofertilizers Market are derived from various animals and plant based remains, mineral ores and also developed from advantageous microorganisms like bacteria and fungi. These organic fertilizers helps in keeping the soil environment rich with diverse kinds of micro and macro nutrients by nitrogen fixation and by releasing of plant growth regulating substances.
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The market is driven by aspects such as rise in demand for fertilizers due to the increase in food production and advancement in bio fertilizer manufacturing machineries. Drive from governments and sufficient support for supportable farming is probable to maintain stable growth in the market. High cost of these Biofertilizers is obstructing the growth of Biofertilizers market.
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Biofertilizers Market is segmented as follows:
Based on Type:
Nitrogen Fixing
Phosphate Solubilizing
Potash Mobilizing
Based on Crop Type:
Cereals & Grains
Pulses & Oilseeds
Fruits & Vegetables
Based on Microorganism:
Azotobacter
Azospirillium
Rhizobium
Phosphate Solubilizing Bacteria
Cyanobacteria
Based on Mode of Application:
Seed Treatment
Soil Treatment
Based on Form:
Pure & Mixed Liquid Fermentations
Dispersible Granules
Pellets
Geographical Segmentation:
Brazil
Mexico
Rest of Latin America
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The major companies operating in Biofertilizers market include Lallemand Inc. (Canada), Camson Bio Technologies Limited (India), Rizobacter Argentina S.A. (Argentina), Novozymes A/S (Denmark), Camson Bio Technologies Limited (India) and Nutramax Laboratories Inc. (U.S.), Symborg S.L., Mapleton Agri Biotech Private Ltd and AgriLife.
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The Latin America Biofertilizers Market study offers the following deliverables:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the Latin America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Latin America Agrochemicals Segment:
Latin America Agricultural Adjuvants Market: http://www.marketdataforecast.com/market-reports/latin-america-agricultural-adjuvants-market-1131/
Latin America Bio Pesticides Market: http://www.marketdataforecast.com/market-reports/latin-america-bio-pesticide-market-497/
Latin America Biostimulants Market: http://www.marketdataforecast.com/market-reports/latin-america-biostimulants-market-1374/
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