India Biofertilizer Market to Reach US$ 221.4 Million, During 2023-2028 at 12.5% CAGR
The latest report by IMARC Group, titled “ India Biofertilizer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a comprehensive analysis of the industry, which comprises insights on the India biofertilizer market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The biofertilizers market size in India reached US$ 111.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 221.4 Million by 2028, exhibiting a growth rate (CAGR) of 12.5% during 2023-2028. Biofertilizer is an organic fertilizer that is manufactured from organic substances, such as plant and animal waste, compost, and other natural sources. It provides essential nutrients to the soil and helps to promote healthy plant growth. It is an integral part of sustainable agriculture and is becoming increasingly popular in the farming community as an alternative to chemical fertilizers. Additionally, it is c...