Competitive Landscape
Key biofertilisers market players are investing in research and development activities to develop new microbial strains and formulations that can enhance nitrogen fixation, biological pest control, and phosphate solubilisation of biofertilisers. They are also attempting to develop multifunctional biofertilisers that offer various benefits, including improved disease resistance, enhanced soil health, and increased plant growth.
Key Industry Players
Novozymes A/S
Novozymes A/S, founded in 2000 and headquartered in Bagsværd, Denmark, is a leader in biosolutions. The company leverages science and microbiology to transform the agricultural and consumer sectors. With operations in over 30 countries, its product portfolio is manufactured at scale in-house and includes probiotics, prebiotics, novel vitamins, enzymes, protein, and other biosolutions.
National Fertilizers Limited
National Fertilizers Limited, headquartered in Uttar Pradesh, India, is one of India’s largest CPSE in the fertiliser Sector. Established in 1974, it is the second-largest producer of the key fertiliser urea in India, boasting an installed capacity of 35.68 lakh million tons. It is also engaged in the manufacturing and marketing of neem coated urea, four strains of bio-fertilisers (solid and liquid) and other allied industrial products.
Lallemand Inc.
Lallemand Inc., headquartered in Montreal, Canada, is a company that specialises in the development, marketing, and production of microorganisms and their derivatives. With its history dating back to the 19th century, the company also researches, products, develops, and markets bacteria and yeast, among others.
Madras Fertilizers Limited
Madras Fertilizers Limited, incorporated in 1966, is a joint venture between AMOCO India incorporated of U.S.A (AMOCO) and GOI. The company is engaged in the manufacturing of urea, ammonia, biofertilisers, and complex fertilisers.
Other key players in the biofertilisers market include Rizobacter Argentina S.A. and Gujarat State Fertilizers & Chemicals Ltd., among others.
Biofertilisers Market Report Snapshots
Biofertilisers Market