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The biofertilizers market size is forecast to increase by USD 2.27 billion between 2023 and 2028, accelerating at a CAGR of 13.64%. The market experiences growth driven by three key factors. In developing countries, there is a growing demand for biofertilizers driven by their environmental advantages. As arable land diminishes, there is a push towards adopting sustainable agricultural practices, with biofertilizers proving beneficial. Moreover, the emergence of liquid fertilizers is opening up new avenues, offering increased versatility and efficiency in tackling contemporary agricultural issues. This trend reflects a broader shift towards more sustainable farming methods, emphasizing the need for innovative solutions such as organic fertilizers to support agricultural productivity and environmental conservation efforts worldwide.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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