How big is the Asia-Pacific Biofertilizers Market?

The Asia-Pacific Biofertilizers Market size is expected to reach USD 552.5 million in 2024 and grow at a CAGR of 10.10% to reach USD 900.70 million by 2029. Read More

What is the current Asia-Pacific Biofertilizers Market size?

In 2024, the Asia-Pacific Biofertilizers Market size is expected to reach USD 552.5 million. Read More

Who are the key players in Asia-Pacific Biofertilizers Market?

Agrinos AS, National Fertilizers Limited, Kiwa Bio-Tech, BioAg Pty Ltd and Australian Bio Fert Pty Ltd. are the major companies operating in the Asia-Pacific Biofertilizers Market. Read More

What years does this Asia-Pacific Biofertilizers Market cover, and what was the market size in 2023?

In 2023, the Asia-Pacific Biofertilizers Market size was estimated at USD 496.70 million. The report covers the Asia-Pacific Biofertilizers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Biofertilizers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia-Pacific Biofertilizer Market - Size, Share & Industry Analysis

Asia-Pacific Biofertilizer Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia-Pacific Biofertilizer Market Report is Segmented by Microorganism (Rhizobium, Azospirillum, Azotobacter, Phosphorus Solubilizing Bacteria, Mycorrhiza, and Other Biofertilizers), Crop Type (Cash Crops, Horticultural Crops, and Row Crops), and Geography (China, Japan, India, Australia, Vietnam, and Rest of Asia-Pacific).

Asia-Pacific Biofertilizers Industry Overview

The Asia-Pacific biofertilizer market is fragmented, as there are many players with small shares in the market. Major companies operating in the region, such as Syngenta, Agrinos, and National Fertilizer Ltd, are adopting various strategies, such as product launches, partnerships, and acquisitions, to gain a larger share of the market. For instance:

June 2018: Kiwa Bio-Tech Products Group Corp established a cooperative relationship with Postal Savings Bank of China Co. Ltd ('PSBC'), Shaanxi Branch, to provide financial support to its clients, including crop growers, family farms, and farmers' professional cooperatives.
June 2017: Symborge took an equity position in Thinkbio, an Australian agtech company, to collaborate on microbial research, development, and innovation initiatives to strengthen their collective biotechnology product solutions.