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As per Intent Market Research, the Mycorrhizae-Based Biofertilizers Market was valued at USD 573.5 million in 2023 and will surpass USD 1,774.8 million by 2030; growing at a CAGR of 17.5% during 2024 - 2030.
The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions. In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market. The report also covers a detailed analysis of the competitive landscape which includes major players, their recent developments, growth strategies, product benchmarking, and manufacturing operations among others. Also, brief insights on start-up ecosystem and emerging companies is also included as part of this report.
The report will help you answer some of the most critical questions in the Mycorrhizae-Based Biofertilizers Market. A few of them are as follows:
Report Features |
Description |
Market Size (2023) |
USD 573.5 million |
Forecasted Value (2030) |
USD 1,774.8 million |
CAGR (2024 – 2030) |
17.5% |
Base Year for Estimation |
2023 |
Historic Year |
2022 |
Forecast Period |
2024 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Mycorrhizae-Based Biofertilizers Market By Type (Endomycorrhizae (VAM), Ectomycorrhizal Fungi (ECM)), By Formulation (Liquid Biofertilizers, Granular Biofertilizers, Powdered Biofertilizers), and By Application (Cereals and Grains, Fruits and Vegetables, Ornamental Plants, Cash Crops, Forage Crops) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3.Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Mycorrhizae-Based Biofertilizers Market, by Type (Market Size & Forecast: USD Million, 2022 – 2030) |
4.1. Endomycorrhizae (VAM) |
4.2. Ectomycorrhizal Fungi (ECM) |
4.3. Others |
5. Mycorrhizae-Based Biofertilizers Market, by Formulation (Market Size & Forecast: USD Million, 2022 – 2030) |
5.1. Liquid |
5.2. Granular |
5.3. Powdered |
6. Mycorrhizae-Based Biofertilizers Market, by Application (Market Size & Forecast: USD Million, 2022 – 2030) |
6.1. Cereals and Grains |
6.2. Fruits and Vegetables |
6.3. Ornamental Plants |
6.4. Cash Crops |
6.5. Forage Crops |
7. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030) |
7.1. Regional Overview |
7.2. North America |
7.2.1. Regional Trends & Growth Drivers |
7.2.2. Barriers & Challenges |
7.2.3. Opportunities |
7.2.4. Factor Impact Analysis |
7.2.5. Technology Trends |
7.2.6. North America Mycorrhizae-Based Biofertilizers Market, by Type |
7.2.7. North America Mycorrhizae-Based Biofertilizers Market, by Formulation |
7.2.8. North America Mycorrhizae-Based Biofertilizers Market, by Application |
7.2.9. By Country |
7.2.9.1. US |
7.2.9.1.1. US Mycorrhizae-Based Biofertilizers Market, by Type |
7.2.9.1.2. US Mycorrhizae-Based Biofertilizers Market, by Formulation |
7.2.9.1.3. US Mycorrhizae-Based Biofertilizers Market, by Application |
7.2.9.2. Canada |
7.2.9.3. Mexico |
*Similar segmentation will be provided for each region and country |
7.3. Europe |
7.4. Asia-Pacific |
7.5. Latin America |
7.6. Middle East & Africa |
8. Competitive Landscape |
8.1. Overview of the Key Players |
8.2. Competitive Ecosystem |
8.2.1. Level of Fragmentation |
8.2.2. Market Consolidation |
8.2.3. Product Innovation |
8.3. Company Share Analysis |
8.4. Company Benchmarking Matrix |
8.4.1. Strategic Overview |
8.4.2. Product Innovations |
8.5. Start-up Ecosystem |
8.6. Strategic Competitive Insights/ Customer Imperatives |
8.7. ESG Matrix/ Sustainability Matrix |
8.8. Manufacturing Network |
8.8.1. Locations |
8.8.2. Supply Chain and Logistics |
8.8.3. Product Flexibility/Customization |
8.8.4. Digital Transformation and Connectivity |
8.8.5. Environmental and Regulatory Compliance |
8.9. Technology Readiness Level Matrix |
8.10. Technology Maturity Curve |
8.11. Buying Criteria |
9. Company Profiles |
9.1. AgroThrive |
9.1.1. Company Overview |
9.1.2. Company Financials |
9.1.3. Product/Service Portfolio |
9.1.4. Recent Developments |
9.1.5. IMR Analysis |
*Similar information will be provided for other companies |
9.2. Bayer |
9.3. Groundwork BioAg |
9.4. Mycorrhizal Applications |
9.5. Novozymes |
9.6. PI Industries |
9.7. Plant Health Care |
9.8. Symbio |
9.9. UPL Ltd |
9.10. Valent BioSciences |
10. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Mycorrhizae-Based Biofertilizers Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Mycorrhizae-Based Biofertilizers Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Mycorrhizae-Based Biofertilizers ecosystem. The primary research objectives included:
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Mycorrhizae-Based Biofertilizers Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.