The biofertilizers market in Europe is expected to grow from US$ 469.34 million in 2021 to US$ 1,153.11 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028.
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Organic farming, a method that uses biological materials instead of synthetic fertilizers and pesticides, is gaining traction due to its benefits for both human health and the environment. This approach yields high-quality, healthy food while simultaneously improving soil fertility, combating erosion, and reducing greenhouse gas emissions.
The global demand for organic products is surging, driven by a growing number of conscious consumers and rising incomes. This increased demand has led to a significant expansion in the area dedicated to organic farming. According to reports from the Research Institute of Organic Agriculture (FiBL) and IFOAM, 72.3 million hectares were under organic agricultural management worldwide in 2019. More recent surveys by FiBL indicate that organic farmland increased by another 2.0 million hectares, and organic retail sales continue to reach new record highs.
Consumers are increasingly prioritizing food safety, concerned about rising residue levels in conventional foods and broader environmental issues. This awareness is shifting preferences toward chemical-free food products, prompting major supermarket chains like Wal-Mart and Costco to expand their organic offerings.
The growth of the organic food industry is directly fueling the demand for biofertilizers and organic manures, which are essential for organic farming practices. Biofertilizers, combining natural microorganisms with nutrient-rich organic materials, create a healthy and sustainable growing environment for plants and soil. They also enhance a plant's resistance to pests and environmental stressors such as drought, excess water, and extreme temperatures. Consequently, the rapid expansion of organic farming, spurred by increased consumer adoption of organic products, is a key driver for the biofertilizer market.
Impact of COVID-19 on the European Biofertilizer Market
The COVID-19 pandemic initially presented challenges for the European biofertilizer market. Drastic measures like border closures and manufacturing shutdowns impacted trade and raw material procurement. A Syngenta Group survey revealed that 46% of large European Union (EU) farmers reported their businesses were affected by the pandemic.
However, the pandemic also led to a surge in consumer demand for organic products in Europe, which in turn increased the adoption of organic farming practices. For instance, German consumers increased their organic product consumption by 22% in 2020. This rise in organic sales is encouraging more farms in Germany to transition to organic methods; according to the US Department of Agriculture, one in eight German farmers is now organic, and this number is still growing. This increased organic farming during the pandemic has had a positive impact on the demand for biofertilizers across the region.
Future Outlook for the Europe Biofertilizers Market
The Europe biofertilizers market is anticipated to experience significant growth (good CAGR) during the forecast period. This growth will likely be further propelled by vendors introducing new features and technologies, which will help them attract new customers and expand into emerging markets.
Europe Biofertilizers Market Segmentation
Europe Biofertilizers Market – By Product Type
- Nitrogen Fixing
- Phosphorus Solubilizing
- Potassium Mobilizing
- Others
Europe Biofertilizers Market – By Microorganism
- Rhizobium
- Azotobacter
- Phosphate Solubilizing Bacteria
- Others
Europe Biofertilizers Market – By Crop Type
- Cereals and Grains
- Oil seeds and Pulses
- Fruits and Vegetables
- Others
Europe Biofertilizers Market – Application
- Seed Treatment
- Soil Treatment
- Others
Europe Biofertilizers Market – By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Biofertilizers Market – Companies Mentioned
- Mapleton Agri Biotec Pt. Ltd
- Novozymes
- RIZOBACTER
- Symborg
- T.Stanes and Company Limited
- UPL
- Vegalab SA
Europe Biofertilizers Strategic Insights
Strategic insights for the Europe Biofertilizers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Europe Biofertilizers Regional Insights
The geographic scope of the Europe Biofertilizers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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