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Biofertilizers Market Report Scope & Overview

The Biofertilizers Market size was USD 3.2 billion in 2023 and is expected to Reach USD 7.31 billion by 2031 and grow at a CAGR of 10.8% over the forecast period of 2024-2031. 

Biofertilizers are substances that contain living microorganisms that can improve plant growth by providing nutrients or stimulating plant growth. Based on product type it is segmented into Nitrogen-fixing biofertilizers convert atmospheric nitrogen into a form usable by plants. Some examples are Rhizobium bacteria form a relationship with the roots of legumes such as peas, beans, and lentils. It fixes nitrogen in these plants’ root nodules. Azotobacter bacteria are free-living bacteria that can fix nitrogen in the soil. It is less effective than Rhizobium, but it can be employed in crops other than legumes. Azospirillum bacteria populate the rhizosphere, the region of soil surrounding plant roots. It fixes nitrogen and also creates chemicals that promote plant development. Rhizobium is the dominant microorganism wing to high crop yields.

Biofertilizers Market Revenue Analysis

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Phosphorus-solubilizing biofertilizers dissolve phosphorus, increasing its availability to plants. Some examples are Phosphate-solubilizing bacteria (PSB) are bacteria that create organic acids that dissolve phosphorus from insoluble rocks and minerals. Potassium-mobilizing biofertilizers increase the availability of potassium to plants. These are some examples Bacillus subtilis and Pseudomonas fluorescens are both bacteria.

Seed treatment is the application of biofertilizers to seeds before planting. This helps to improve the germination rate of seeds, protect them from diseases and pests, and improve their overall growth and development. Soil treatment is the application of biofertilizers to the soil. This helps to improve soil health, make it more fertile, and increase crop yields. Both treatments are a cost-effective way to improve crop yields and are convenient to apply.

MARKET DYNAMICS

KEY DRIVERS

  • Rising potential benefits of biofertilizers among Farmers

  • Rising government support for organic farming

Many countries have concerns about the environmental and health risks associated with the use of chemical fertilizers. They are also looking for strategies to improve food security and lower agricultural production costs. All of these objectives can be met naturally and sustainably with biofertilizers. A variety of efforts have been established by the government to encourage farmers to switch to organic farming. Subsidies, tax rebates, and technical support are among the proposals. The European Union has set a goal of lowering chemical fertilizer use by 20% by 2030. In addition, the EU promotes the use of biofertilizers and organic farming.

RESTRAIN

  • High production cost of biofertilizers

Biofertilizers are made from living microorganisms, which are expensive to produce. The production process also requires specialized equipment and facilities. This makes the cost of biofertilizers higher than chemical fertilizers. The high cost of biofertilizers is a major barrier to their adoption by farmers. Many farmers cannot afford to use biofertilizers, even though they are aware of the benefits. This is especially true in developing countries, where the majority of farmers are small-scale farmers.

OPPORTUNITY

Asia Pacific and Africa are major contributors to the market of biofertilizers. The population in these regions is growing rapidly, which is putting a strain on the agricultural sector. Biofertilizers can help to increase crop yields and meet the demand for food. Governments in these regions are providing support for the use of biofertilizers. They are providing subsidies to farmers who use biofertilizers and they are also investing in research and development. Over the last few decades, Africa has seen active conventional farming, which has used fertilizers to deliver crucial plant nutrients to the soil. The overuse of chemical fertilizers has harmed the condition of the soil and key nutrients.

CHALLENGES

  • Unfavorable climate conditions

  • Environment concerns and technical constraints

Biofertilizers have a short shelf life and are prone to contamination. When exposed to high temperatures, the microorganisms used as biofertilizers died. The primary challenge with agricultural inoculation technology is the persistence of microorganisms during storage; other difficulties revolve around several factors such as culture medium, the physiological condition of the microorganisms throughout the dehydration process, preservation, maintenance, and rate of drying. Heavy metals and insecticides can destroy the microorganisms in biofertilizers. Water is required for biofertilizers to be effective, therefore water scarcity may limit their use.

IMPACT OF RUSSIAN UKRAINE WAR

The biofertilizer segment is projected to be the most impacted by agricultural inputs as a result of the Russia-Ukraine conflict. The impact of war on food, gasoline, and fertilizer prices is a major source of concern for global poverty and food insecurity. Also, it has impacted biofertilizer exports from Russia and Ukraine, resulting in higher pricing and biofertilizer shortages. Since the start of the war, the price of biofertilizers has risen by 20%. Higher biofertilizers and food prices are putting constraints on farmers and consumers, as well as having a detrimental influence on the global economy.

IMPACT OF ONGOING RECESSION

Biofertilizer prices are projected to rise during the recession due to product shortages and rising production costs. However, downstream demand is volatile, and export demand remains strong, placing biofertilizer manufacturers under even more pressure in 2020. Global food and biofertilizer costs climbed sharply in the first half of 2022, owing mostly to the effects of the Ukraine conflict and Russian sanctions. Other issues, such as biofertilizer export limits, exacerbated worldwide market disruptions, in addition to current supply chain difficulties caused by Covid-19. The worldwide crisis that followed heightened concerns about the effects of higher prices for commodities worldwide on poor countries, particularly global hunger and food insecurity.

KEY MARKET SEGMENTS

By Product

  • Nitrogen Fixing

  • Phosphate Solubilizing

  • Others

By Crop Type

  • Row Crops

  • Horticultural Crops

  • Cash Crops

By Application

  • Seed Treatment

  • Soil treatment

REGIONAL ANALYSIS

The North America Market is expected to develop at a CAGR of 13% from 2024 to 2031. The largest and fastest-growing market is the United States, followed by Canada. The major reasons propelling the market include favorable government laws, an easy registration process, and a rising number of organic farms. Sinorhizobium, Azorhizobium, Allorhizobium, and others are the most common genera utilized as biofertilizers in North America. According to The World of Organic Agriculture, nearly 3.5 million hectares of farmland in North America will be managed organically by 2021. There were 2.3 million in the United States and 1.2 million in Canada.

During the forecast period of 2024 to 2031, the Europe Market is estimated to develop at a CAGR of 11.9%. Oceania (9.7% of total agricultural land) accounted for 1.6% of the world's agricultural land in 2021. The European Union is constantly supporting biofertilizers since they are cost-effective, recommending farmers optimize the application of chemical fertilizers or replace them entirely or partially with eco-friendly fertilizers to achieve greater economic returns.

The Asia-Pacific market is predicted to grow at a 10.8% CAGR during the forecast period. China is the largest consumer of biofertilizers, followed by India and Japan. The biofertilizers market in India is predicted to rise, owing to increased farmer awareness of the benefits of biofertilizers on soil health, as well as the central government's attempt to organize the country's biofertilizers industry by bringing it under the authority of fertilizer laws.

The Middle East and Africa are expected to develop at a CAGR of 6.2%. Government policies that encourage the use of biofertilizers. Lack of biofertilizer adoption due to lack of awareness and reliance on agricultural imports is limiting the Middle East and Africa biofertilizers market.

Biofertilizers Market By Region

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REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS

Indian Farmers Fertiliser Cooperative Ltd, CBF China Biofertilizers, Koppert Biological Systems Inc., Kiwa Bio-Tech Products Group Corp, T. Stanes and Company Ltd, Symborg S.L., Lallemand Inc., Fertilizers USA LLC, Antibiotice S.A., Novozymes A/S, Sigma Agri-Science, LLC, Biomax, Marcos N.P.K., Wilson Chemical Solutions and other key players are mentioned in the final report.

Indian Farmers Fertiliser Cooperative Ltd-Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENTS

In 2023 Wilson Chemical Solutions collaborated with Phinite company to create a new technique that converts manure to regenerative biofertilizer. This certified organic solution performs better than synthetic fertilizer, assisting animal farms in increasing profitability and eliminating difficult waste disposal issues, as well as farmers in improving soil health.

In 2023 Marcos said that the government will make biofertilizers available to Filipino farmers to reduce their reliance on expensive, imported, petroleum-based fertilizers.

In 2022 Koppert Biological Systems Inc plans to invest in three new manufacturing units in Brazil. The new formulation unit will generate the whole microbiological range, including liquid and solid formulations based on fungi, viruses, and bacteria.

Biofertilizers Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 3.2 Billion
Market Size by 2031  US$ 7.31 Billion
CAGR   CAGR of 10.8 % From 2024 to 2031
Base Year 2023
Forecast Period  2024- 2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (Nitrogen Fixing, Phosphate Solubilizing, Others)
• By Crop Type (Row Crops, Horticultural Crops, Cash Crops)
• By Application (Seed Treatment, Soil treatment)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Indian Farmers Fertiliser Cooperative Ltd, CBF China Biofertilizers, Koppert Biological Systems Inc., Kiwa Bio-Tech Products Group Corp, T. Stanes and Company Ltd, Symborg S.L., Lallemand Inc., Fertilizers USA LLC, Antibiotice S.A., Novozymes A/S, Sigma Agri-Science, LLC, Biomax, Marcos N.P.K., Wilson Chemical Solutions
Key Drivers • Rising potential benefits of biofertilizers among Farmers
• Rising government support for organic farming
Market Opportunity • Adoption of precision farming
• Untapped market Asia Pacific and Africa

 

Frequently Asked Questions

Ans. USD 7.31 billion is the projected Biofertilizers Market size of the market by 2031.

Ans. The CAGR of the Biofertilizers Market over the forecast period is 10.8%.

Ans. USD 3.2 billion is the projected value in 2023 for the Biofertilizers Market.

Ans. Challenges are Unfavourable climate conditions and environmental concerns and technical constraints to hamper the biofertilizers market.

Ans. Opportunities are Rising potential benefits of biofertilizers among Farmers and rising government support for organic farming

TABLE OF CONTENT

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.3. Introduction
4.3.1 Impact on major economies
4.3.1.1 US
4.3.1.2 Canada
4.3.1.3 Germany
4.3.1.4 France
4.3.1.5 United Kingdom
4.3.1.6 China
4.3.1.7 Japan
4.3.1.8 South Korea
4.3.1.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Biofertilizers Market Segmentation, by Product
8.1 Nitrogen Fixing
8.2 Phosphate Solubilizing
8.3 Others

9. Biofertilizers Market Segmentation, by Crop Type
9.1 Row Crops
9.2 Horticultural Crops
9.3 Cash Crops

10.  Biofertilizers Market Segmentation, by Application
10.1 Seed Treatment
10.2 Soil Treatment

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Biofertilizers Market by Country
11.2.2 North America Biofertilizers Market by Product
11.2.3 North America Biofertilizers Market by Crop Type
11.2.4 North America Biofertilizers Market by Application
11.2.5 USA
11.2.5.1 USA Biofertilizers Market by Product
11.2.5.2 USA Biofertilizers Market by Crop Type
11.2.5.3 USA Biofertilizers Market by Application
11.2.6 Canada
11.2.6.1 Canada Biofertilizers Market by Product
11.2.6.2 Canada Biofertilizers Market by Crop Type
11.2.6.3 Canada Biofertilizers Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Biofertilizers Market by Product
11.2.7.2 Mexico Biofertilizers Market by Crop Type
11.2.7.3 Mexico Biofertilizers Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Biofertilizers Market by Country
11.3.1.2 Eastern Europe Biofertilizers Market by Product
11.3.1.3 Eastern Europe Biofertilizers Market by Crop Type
11.3.1.4 Eastern Europe Biofertilizers Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Biofertilizers Market by Product
11.3.1.5.2 Poland Biofertilizers Market by Crop Type
11.3.1.5.3 Poland Biofertilizers Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Biofertilizers Market by Product
11.3.1.6.2 Romania Biofertilizers Market by Crop Type
11.3.1.6.4 Romania Biofertilizers Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Biofertilizers Market by Product
11.3.1.7.2 Turkey Biofertilizers Market by Crop Type
11.3.1.7.3 Turkey Biofertilizers Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Biofertilizers Market by Product
11.3.1.8.2 Rest of Eastern Europe Biofertilizers Market by Crop Type
11.3.1.8.3 Rest of Eastern Europe Biofertilizers Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Biofertilizers Market by Product
11.3.2.2 Western Europe Biofertilizers Market by Crop Type
11.3.2.3 Western Europe Biofertilizers Market by Application
11.3.2.4 Germany
11.3.2.4.1 Germany Biofertilizers Market by Product
11.3.2.4.2 Germany Biofertilizers Market by Crop Type
11.3.2.4.3 Germany Biofertilizers Market by Application
11.3.2.5 France
11.3.2.5.1 France Biofertilizers Market by Product
11.3.2.5.2 France Biofertilizers Market by Crop Type
11.3.2.5.3 France Biofertilizers Market by Application
11.3.2.6 UK
11.3.2.6.1 UK Biofertilizers Market by Product
11.3.2.6.2 UK Biofertilizers Market by Crop Type
11.3.2.6.3 UK Biofertilizers Market by Application
11.3.2.7 Italy
11.3.2.7.1 Italy Biofertilizers Market by Product
11.3.2.7.2 Italy Biofertilizers Market by Crop Type
11.3.2.7.3 Italy Biofertilizers Market by Application
11.3.2.8 Spain
11.3.2.8.1 Spain Biofertilizers Market by Product
11.3.2.8.2 Spain Biofertilizers Market by Crop Type
11.3.2.8.3 Spain Biofertilizers Market by Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Biofertilizers Market by Product
11.3.2.9.2 Netherlands Biofertilizers Market by Crop Type
11.3.2.9.3 Netherlands Biofertilizers Market by Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Biofertilizers Market by Product
11.3.2.10.2 Switzerland Biofertilizers Market by Crop Type
11.3.2.10.3 Switzerland Biofertilizers Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Biofertilizers Market by Product
11.3.2.11.3 Austria Biofertilizers Market by Crop Type
11.3.2.11.4 Austria Biofertilizers Market by Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Biofertilizers Market by Product
11.3.2.12.2 Rest of Western Europe Biofertilizers Market by Crop Type
11.3.2.12.3 Rest of Western Europe Biofertilizers Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Biofertilizers Market by Country
11.4.2 Asia-Pacific Biofertilizers Market by Product
11.4.3 Asia-Pacific Biofertilizers Market by Crop Type
11.4.4 Asia-Pacific Biofertilizers Market by Application
11.4.5 China
11.4.5.1 China Biofertilizers Market by Product
11.4.5.2 China Biofertilizers Market by Application
11.4.5.3 China Biofertilizers Market by Crop Type
11.4.6 India
11.4.6.1 India Biofertilizers Market by Product
11.4.6.2 India Biofertilizers Market by Crop Type
11.4.6.3 India Biofertilizers Market by Application
11.4.7 Japan
11.4.7.1 Japan Biofertilizers Market by Product
11.4.7.2 Japan Biofertilizers Market by Crop Type
11.4.7.3 Japan Biofertilizers Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Biofertilizers Market by Product
11.4.8.2 South Korea Biofertilizers Market by Crop Type
11.4.8.3 South Korea Biofertilizers Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Biofertilizers Market by Product
11.4.9.2 Vietnam Biofertilizers Market by Crop Type
11.4.9.3 Vietnam Biofertilizers Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Biofertilizers Market by Product
11.4.10.2 Singapore Biofertilizers Market by Crop Type
11.4.10.3 Singapore Biofertilizers Market by Application
11.4.11 Australia
11.4.11.1 Australia Biofertilizers Market by Product
11.4.11.2 Australia Biofertilizers Market by Crop Type
11.4.11.3 Australia Biofertilizers Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Biofertilizers Market by Product
11.4.12.2 Rest of Asia-Pacific Biofertilizers Market by Crop Type
11.4.12.3 Rest of Asia-Pacific Biofertilizers Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Biofertilizers Market by Country
11.5.1.2 Middle East Biofertilizers Market by Product
11.5.1.3 Middle East Biofertilizers Market by Crop Type
11.5.1.4 Middle East Biofertilizers Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Biofertilizers Market by Product
11.5.1.5.2 UAE Biofertilizers Market by Crop Type
11.5.1.5.3 UAE Biofertilizers Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Biofertilizers Market by Product
11.5.1.6.2 Egypt Biofertilizers Market by Crop Type
11.5.1.6.3 Egypt Biofertilizers Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Biofertilizers Market by Product
11.5.1.7.2 Saudi Arabia Biofertilizers Market by Crop Type
11.5.1.7.3 Saudi Arabia Biofertilizers Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Biofertilizers Market by Product
11.5.1.8.2 Qatar Biofertilizers Market by Crop Type
11.5.1.8.3 Qatar Biofertilizers Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Biofertilizers Market by Product
11.5.1.9.2 Rest of Middle East Biofertilizers Market by Crop Type
11.5.1.9.3 Rest of Middle East Biofertilizers Market by Application
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Biofertilizers Market by Product
11.5.2.3 Africa Biofertilizers Market by Crop Type
11.5.2.4 Africa Biofertilizers Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Biofertilizers Market by Product
11.5.2.5.2 Nigeria Biofertilizers Market by Crop Type
11.5.2.5.3 Nigeria Biofertilizers Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Biofertilizers Market by Product
11.5.2.6.2 South Africa Biofertilizers Market by Crop Type
11.5.2.6.3 South Africa Biofertilizers Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Biofertilizers Market by Product
11.5.2.7.2 Rest of Africa Biofertilizers Market by Crop Type
11.5.2.7.3 Rest of Africa Biofertilizers Market by Application
11.6 Latin America
11.6.1 Latin America Biofertilizers Market by Country
11.6.2 Latin America Biofertilizers Market by Product
11.6.3 Latin America Biofertilizers Market by Crop Type
11.6.4 Latin America Biofertilizers Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Biofertilizers Market by Product
11.6.5.2 Brazil Biofertilizers Market by Crop Type
11.6.5.3 Brazil Biofertilizers Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Biofertilizers Market by Product
11.6.6.2 Argentina Biofertilizers Market by Crop Type
11.6.6.3 Argentina Biofertilizers Market by Application
11.6.7 Colombia
11.6.7.1 Colombia Biofertilizers Market by Product
11.6.7.2 Colombia Biofertilizers Market by Crop Type
11.6.7.3 Colombia Biofertilizers Market by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Biofertilizers Market by Product
11.6.8.2 Rest of Latin America Biofertilizers Market by Crop Type
11.6.8.3Rest of Latin America Biofertilizers Market by Application

12 Company Profile
12.1 Koppert Biological Systems Inc.
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Product/Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Indian Farmers Fertiliser Cooperative Ltd
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 CBF China Biofertilizers
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Symborg Inc.
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 T. Stanes and Company Limited,
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Novozymes A/S
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Fertilizers USA LLC.
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Kiwa Bio-Tech Products Group Corp
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Biomax
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Mapleton Agri Biotec
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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