Market Size of azotobacter Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 365.65 Million |
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Market Size (2029) | USD 580.26 Million |
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Largest Share by Crop Type | Row Crops |
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CAGR (2024 - 2029) | 9.68 % |
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Largest Share by Region | Asia-Pacific |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Azotobacter Market Analysis
The Azotobacter Market size is estimated at USD 365.65 million in 2024, and is expected to reach USD 580.26 million by 2029, growing at a CAGR of 9.68% during the forecast period (2024-2029).
- Row Crops is the Largest Crop Type. Barley, corn, wheat, rapeseed, rye, soybean, and rice are the major row crops grown globally. Row crops dominate the global azotobacter market with a 76.9% share in 2022.
- Row Crops is the Fastest-growing Crop Type. Azotobacter biofertilizers consumption in row crops is increasing due to the growing organic cultivation and the necessity to reduce N fertilizers consumption in row crops.
- Asia-Pacific is the Largest Region. China & India are the region's largest markets for azotobacter. Initiatives to reduce fertilizers usage and incentives to organic farmers made the region the largest consumer
- China is the Largest Country. Organic ara under cultivation in China increased by 29.6% during the historic period ( 2017 - 2021), from 1.9 million hectares in 2017 to 2.5 million hectares in 2021.
This section covers the major market trends shaping the Azotobacter Market according to our research experts:
Row Crops is the largest Crop Type
- Azotobacter refers to free-living bacteria that perform biological nitrogen fixation aerobically or anaerobically without depending on the host plants. Azotobacter biofertilizers accounted for an 11.3% share of the global biofertilizers market in 2022.
- The global area under organic crop cultivation increased by 29.1% during the historical period, rising from 11.1 million hectares in 2017 to 14.4 million hectares in 2022. In 2022, row crops accounted for the largest area under organic cultivation, with a 67.5% share, followed by horticulture crops and cash crops, with shares of 17.5% and 15.1%, respectively.
- Rice, barley, corn, wheat, rapeseed, sunflower, soybean, and other major field crops are grown worldwide. Row crops dominate the global Azotobacter market, accounting for 76.9% of the market in 2022. Azotobacter biofertilizers are useful for non-leguminous crops like paddy, wheat, millet, cotton, tomato, cabbage, mustard, and sunflower.
- The usage of Azotobacter in horticulture crops is increasing as the application of Azotobacter biofertilizer by replacing or in conjunction with various inorganic fertilizers is capable of increasing the fruit yield in various horticultural crops. The increase in yield and fruit set is not only attributed to its nitrogen-fixing ability but also due to Azotobacter's ability to increase the translocation of other nutrients from root to flower via plant foliage.
- Excessive nitrogen fertilizer application has been linked to environmental issues such as eutrophication, the greenhouse effect, and acid rain. Azotobacter biofertilizers can provide plants with the necessary nitrogen without overdosing them. These factors are anticipated to drive the global Azotobacter biofertilizers market to record a CAGR of 9.5% during the forecast period (2023-2029).
Azotobacter Industry Segmentation
Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
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Azotobacter Market Size Summary
The Azotobacter market is experiencing significant growth, driven by the increasing demand for sustainable agricultural practices and the reduction of synthetic nitrogen fertilizers. Azotobacter, a free-living bacterium capable of biological nitrogen fixation, is gaining traction as a biofertilizer, particularly in row crops such as barley, corn, wheat, and soybean. These crops dominate the market due to their extensive cultivation and the rising trend towards organic farming. The Asia-Pacific region, led by China and India, is the largest consumer of Azotobacter biofertilizers, supported by government initiatives to promote organic farming and reduce chemical fertilizer usage. The market is characterized by a fragmented landscape with key players like Green Vision Life Sciences and Gujarat State Fertilizers & Chemicals Ltd. contributing to its development.
The global Azotobacter market is poised for robust expansion, with a notable shift towards organic cultivation and the adoption of biofertilizers to enhance crop yields sustainably. The increasing area under organic crop cultivation and the growing awareness of the environmental impact of excessive nitrogen fertilizer use are propelling the market forward. Azotobacter biofertilizers are particularly beneficial for non-leguminous crops and are being increasingly used in horticulture to boost fruit yield and nutrient translocation. The market's growth is further supported by financial incentives and subsidies in countries like India, aimed at promoting the use of biofertilizers. As the demand for sustainable agricultural solutions continues to rise, the Azotobacter market is expected to witness significant growth in the coming years.
Azotobacter Market Size - Table of Contents
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1. MARKET SEGMENTATION
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1.1 Crop Type
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1.1.1 Cash Crops
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1.1.2 Horticultural Crops
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1.1.3 Row Crops
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1.2 Region
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1.2.1 Africa
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1.2.1.1 By Country
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1.2.1.1.1 Egypt
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1.2.1.1.2 Nigeria
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1.2.1.1.3 South Africa
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1.2.1.1.4 Rest of Africa
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1.2.2 Asia-Pacific
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1.2.2.1 By Country
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1.2.2.1.1 Australia
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1.2.2.1.2 China
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1.2.2.1.3 India
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1.2.2.1.4 Indonesia
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1.2.2.1.5 Japan
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1.2.2.1.6 Philippines
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1.2.2.1.7 Thailand
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1.2.2.1.8 Vietnam
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1.2.2.1.9 Rest of Asia-Pacific
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1.2.3 Europe
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1.2.3.1 By Country
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1.2.3.1.1 France
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1.2.3.1.2 Germany
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1.2.3.1.3 Italy
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1.2.3.1.4 Netherlands
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1.2.3.1.5 Russia
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1.2.3.1.6 Spain
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1.2.3.1.7 Turkey
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1.2.3.1.8 United Kingdom
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1.2.3.1.9 Rest of Europe
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1.2.4 Middle East
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1.2.4.1 By Country
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1.2.4.1.1 Iran
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1.2.4.1.2 Saudi Arabia
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1.2.4.1.3 Rest of Middle East
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1.2.5 North America
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1.2.5.1 By Country
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1.2.5.1.1 Canada
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1.2.5.1.2 Mexico
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1.2.5.1.3 United States
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1.2.5.1.4 Rest of North America
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1.2.6 South America
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1.2.6.1 By Country
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1.2.6.1.1 Argentina
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1.2.6.1.2 Brazil
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1.2.6.1.3 Rest of South America
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Azotobacter Market Size FAQs
How big is the Azotobacter Market?
The Azotobacter Market size is expected to reach USD 365.65 million in 2024 and grow at a CAGR of 9.68% to reach USD 580.26 million by 2029.
What is the current Azotobacter Market size?
In 2024, the Azotobacter Market size is expected to reach USD 365.65 million.
