The vermicompost (humidifying material) is used to treat wastewater, repair contaminated soil, improve agricultural productivity, protect crop production and develop sensitive analytical methods. The main benefits of vermicompost, considering all applications
Easy acquisition, (ii) low cost, (iii) structural, chemical, and biological properties responsible for the extraordinary ability of pollutant adsorption and decomposition, and (IV) facilitation of birth control.
Expressly, a significant number of studies have confirmed the adsorption of toxic metals on the decontamination of wastewater. However, the application of vermicompost for the retention of organic compounds is still inadequate. Despite successful destinations such as organic fertilizers, problems often arise related to final disposal (after the treatment step) of concentrated vermicompost.
Related Project: Vermicompost
The Asia-Pacific region is a significant region of the Biofertilizer market with increasing market share. This may be due to the growing focus on organic farming and the large population that is a substantial driver of Biofertilizer demand in the region. Seed treatment is a significant application segment for protecting seeds from pathogens and insects and improving seedling colonization and early plant growth. It is also cost-effective and easy to use compared to other modes.
Properties and applications of Bio fertilizers
Bio fertilizers are derived from biological waste containing live microorganisms. Like chemical fertilizers that feed plants directly, Biofertilizer help increase the overall fertility of the soil. The organisms in these fertilizers break down organic matter, break down complex minerals, and are quickly absorbed by plants. This system effectively enriches the soil with nutrients that promote the growth of healthy plants. In addition, bio fertilizers prevent the outbreak of pathogens and help prevent crop diseases.
Related Book: The Complete Technology Book on Vermiculture and Vermicompost ( Best Seller )
Depending on the type, the Biofertilizer market can be divided as follows:
- Nitrogen fixation Biofertilizer
- Phosphorus adsorption Biofertilizer
Other
The industry can be divided based on crops as follows:
- Grains and grains
- Legumes and oilseeds
- Fruits and vegetables
Other
Based on microorganisms, the Biofertilizer market is divided as follows:
- Cyanobacteria
- Rhizobium
- Phosphate solubilized bacteria
- Azotobacter
- Other
The application modes are divided as follows.
- Seed processing
- Soil treatment
- Other
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Why Indian market is good for Biofertilizers
Increased environmental awareness is one of the main drivers of the development of the Biofertilizer market. Increasing awareness of adverse environmental effects such as soil degradation and emissions caused by chemical fertilizers is increasing the trend towards biofertilizers. In addition, the growing demand for organic fruits and vegetables due to heightened consumer health awareness is also boosting the biofertilizer market.
Governments in some countries have taken steps to discourage the use of fertilizers and promote sustainable agricultural practices that support the global biofertilizer market’s growth. The Government of India is promoting the use of biofertilizers in the agricultural industry. This initiative aims to expand all forms of financial support and support to farmers while raising awareness of sustainable ways to increase bio pesticide use and overall crop production.
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The Data which tells Biofertilizers is booming.
The global biofertilizer market has witnessed significant demand over the past few years, with a CAGR of 14.42% projected to reach the US $ 2,653,480,000 over the projected period. The growing demand for organic foods and the subsequent increasing interest in sustainable agriculture drive the growth of the biofertilizer market. In addition, government support to promote biofertilizers among farmers has contributed significantly to the market’s development.
The demand for safe, residue-free foods is very high and is driving the biofertilizer market. In addition, government support for the use of organic products drives the growth of the biofertilizer market. Increasing awareness of the dangers of fertilizers and rising costs of fertilizers are also contributing to market growth.
Depending on the type of crop, the biofertilizer market is divided into grains and grains, legumes and oilseeds, fruits and vegetables, and more. It has been observed that in 2017, the grain and grain segment accounted for a substantial market share of 43%, followed by legumes and oilseed. However, the fruit and vegetable segment is expected to have the highest growth rate at a CAGR of 15.58% during the estimated period.
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