Latin America Biological Organic Fertilizer Market Size 2031

Segments - Latin America Biological Organic Fertilizers Market by Applications (Legumes, Fruits and Vegetables, Cereals, and Plantations,), Types (Microorganism [Az spirillum, Blue-green Algae, Phosphate Solubilizing Bacteria, Mycorrhiza, Rhizobium, Azotobacter, and others], and Organic Residues [FYM, Crop Residues, Green Manure, and Other]), and Region - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

The Latin America biological organic fertilizers market size was valued at USD xx Billion in 2022 and is projected to reach USD xx Billion by 2031, expanding at a CAGR of xx% during the forecast period, 2023-2031. The growth of the market is attributed to restrict regulations on use of synthetic agricultural chemical treatments on the exported grain and other crops.

Latin America is made up of smallholder farmers who require the development of sustainable technology at affordable prices for their economic situation. Biofertilizers made from free-living bacteria stimulate plant development, increase productivity by strengthening the roots, and minimize the quantity of synthetic fertilizer used on crops.

Latin America Biological Organic Fertilizers Market Key Takeaways

According to Food and Agriculture Organization (FAO) of US in 2019 Latin America region has 576 million hectares of agricultural land and produces 14 percent of food production and 23 percent of agricultural and fisheries exports.

There are around 15 million farmers in the region there are about 200 million hectares of degraded land, and 50 percent of agricultural soils suffer some degree of erosion owing to poor management and loss of plant cover.

Latin America is a significant net exporter of food and agricultural commodities, accounting for 16% of total world food and agricultural exports and 4% of total global food and agricultural imports.

It would be just as crucial for the region to sustainably increase agricultural productivity and production of smallholders as it will be to increase the output of export powerhouses. However regions and their nation are implementing strict guideline or ban on foods contains chemicals and pesticides are major factor opting for biofertilizer and organic pesticide in use.

In Latin America, the Sustainable Agriculture Associate Group has been founded at the federal level in the mid-2010 to stimulate the on-farm production of microorganisms for fertilization or plant health. Scientists are assisting these farmers in their search for microbiological engineers.

Myconativa, which was founded in 2017, received US$68,000 from Chile's Economic Development Agency (CORFO) and US$34,000 from the Scientific and Technological Development Support Fund (FONDEF). Too far, three types of biofertilizers have been developed: one for irrigation ponds, one for nursery plants or seedlings, and the most current, a fertilizer for urban gardens and houseplants.

Organic is a labelling phrase that denotes that a food or other agricultural product was grown using recognized procedures. Before items may be branded USDA organic, they must meet stringent requirements that must be confirmed by a USDA-accredited certification agent.

Market Trends, Drivers, Restraints, and Opportunities

Increasing health-conscious population is projected to drive the market during the forecast period.
Rising prices of chemical fertilizers is anticipated to boost the market in the coming years.
Growing strong commercial appeal related to its benefits to soil and the environments expected to boost the market.
Growing demand for protein rich food is expected to push the market growth.
Increasing emphasis by government agencies on sustainability is projected to fuel the market.
Increasing adoption for organic farming practices is expected to spur the market expansion during the forecast period
Rapid growth in agriculture industry is key factors boosting driving the market in the coming years.
Competition from similar types of products act as major challenges that can hamper the market growth.
advances in molecular biology, the fermentation process may now be cost-effective and simplified for commercial manufacturing is expected to create immense opportunities for the market players.

Scope of the Report

The report on the Latin America biological organic fertilizers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Biological Organic Fertilizers Market - Latin America Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Applications (Legumes, Fruits & Vegetables, Cereals, and Plantations,), Types (Microorganism [Az spirillum, Blue-green Algae, Phosphate Solubilizing Bacteria, Mycorrhiza, Rhizobium, Azotobacter, and others], and Organic Residues [FYM, Crop Residues, Green Manure, and Other])
Regional Scope	Latin America
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Embrafos; Tstanes Pvt Ltd; Bioprotan Pvt Ltd; Mabiotec; Rizobacter Argentina S.A

Latin America Biological Organic Fertilizers biopesticides Market Segment Insights

The legumes segment is projected to constitute a key market share

Based on applications, the Latin America biological organic fertilizers market is divided into legumes, fruits & vegetables, cereals, and plantations. The legumes segment is expected to account for a key share of the market during the forecast period owing to is a major producer of legume crops such corn, maize and others.

Latin America Biological Organic Fertilizers Market By Applications

The phosphate solubilizing bacteria segment is segment is expected to grow at a robust pace

On the basis of types, the Latin America biological organic fertilizers market is segmented into microorganism and organic residues. The microorganism is further segmented into Az spirillum, blue-green algae, phosphate solubilizing bacteria, mycorrhiza, rhizobium, azotobacter, and others. The phosphate solubilizing bacteria segment is expected to account for a key share of the market during the forecast period owing to help plants develop by increasing the efficacy of biological nitrogen fixing.

Segments

The Latin America biological organic fertilizers market has been segmented on the basis of

Applications

Legumes
Fruits & Vegetables
Cereals
Plantations

Types

Microorganism

Az spirillum
Blue-green Algae
Phosphate Solubilizing Bacteria
Mycorrhiza, Rhizobium
Azotobacter
others

Organic Residues

FYM
Crop Residues
Green Manure
Other

Region

Latin America

Key Players

Embrafos
Tstanes Pvt Ltd
Bioprotan Pvt Ltd
Mabiotec
Rizobacter Argentina S.A

Competitive Landscape

Key players competing in the Latin America biological organic fertilizers market include Embrafos; Tstanes Pvt Ltd; Bioprotan Pvt Ltd; Mabiotec; Rizobacter Argentina S.A.

Some of these players are coming up with business strategies including partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Latin America Biological Organic Fertilizers Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biological Organic Fertilizers Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Biological Organic Fertilizers Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Biological Organic Fertilizers Market - Supply Chain
  4.5. Global Biological Organic Fertilizers Market Forecast
     4.5.1. Biological Organic Fertilizers Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Biological Organic Fertilizers Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Biological Organic Fertilizers Market Absolute $ Opportunity
5. Global Biological Organic Fertilizers Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Biological Organic Fertilizers Market Size and Volume Forecast by Applications
     5.3.1. Legumes Fruits & Vegetables Cereals Plantations
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Biological Organic Fertilizers Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Biological Organic Fertilizers Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Biological Organic Fertilizers Demand Share Forecast, 2019-2026
7. North America Biological Organic Fertilizers Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Biological Organic Fertilizers Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Biological Organic Fertilizers Market Size and Volume Forecast by Applications
     7.4.1. Legumes Fruits & Vegetables Cereals Plantations
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Biological Organic Fertilizers Demand Share Forecast, 2019-2026
8. Latin America Biological Organic Fertilizers Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Biological Organic Fertilizers Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Biological Organic Fertilizers Market Size and Volume Forecast by Applications
     8.4.1. Legumes Fruits & Vegetables Cereals Plantations
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Biological Organic Fertilizers Demand Share Forecast, 2019-2026
9. Europe Biological Organic Fertilizers Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Biological Organic Fertilizers Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Biological Organic Fertilizers Market Size and Volume Forecast by Applications
     9.4.1. Legumes Fruits & Vegetables Cereals Plantations
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Biological Organic Fertilizers Demand Share Forecast, 2019-2026
10. Asia Pacific Biological Organic Fertilizers Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Biological Organic Fertilizers Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Biological Organic Fertilizers Market Size and Volume Forecast by Applications
     10.4.1. Legumes Fruits & Vegetables Cereals Plantations
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Biological Organic Fertilizers Demand Share Forecast, 2019-2026
11. Middle East & Africa Biological Organic Fertilizers Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Biological Organic Fertilizers Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Biological Organic Fertilizers Market Size and Volume Forecast by Applications
     11.4.1. Legumes Fruits & Vegetables Cereals Plantations
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Biological Organic Fertilizers Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Biological Organic Fertilizers Market: Market Share Analysis
  12.2. Biological Organic Fertilizers Distributors and Customers
  12.3. Biological Organic Fertilizers Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Embrafos Tstanes Pvt Ltd Bioprotan Pvt Ltd Mabiotec Rizobacter Argentina S.A