Poultry Manure Biofertilizers Market Size, Share & Industry Analysis, By Application (Soil Treatment, Seed Treatment), By Crop Type (Cereals, Oilseeds & Pulses, Fruits & Vegetables, Others)and Regional Forecast, 2024-2032

The rising trend of organic farming and increasing domestic poultry breeding are predicted to drive the global market of poultry manure biofertilizers market. For instance, in 2018, India produced 801 million heads of chicken which was 18 million more than the 2017. Poultry manure has been recognized as the most desirable organic manure as it can provides organic matter and nutrients which are essential for plant growth.

The intensifying demand for organic fertilizers is predicted to ramp up its production by manufacturers. The use of poultry manure biofertilizers can add nitrogen and various micronutrients to the soil which can improve soil fertility and nutrient retention. The prominent players operating in the market are embarking on the new product launch and collaboration with other market players to increase their prominence the global poultry manure biofertilizers market.

The application of poultry manure biofertilizers can improve soil structure, soil fertility, increase topsoil, and crop productivity. These aforementioned factors are expected to boost the adoption of poultry manure biofertilizers in forthcoming years. The soil fertility management aids to avert nutrient imbalance which can increase the final yield production, hence the demand for poultry manure biofertilizers is predicted to increase. Poultry manure biofertilizers contain nutrients including micronutrients which are essential for plant growth and it has been a best valuable source of plant nutrients, especially for organic growers. Furthermore, the use of poultry manure in biofertilizers production not only aids to overcome the waste management but also fuels the chemical, physical and biological fertility of soils. Therefore, numerous governments across the globe are introducing various initiatives to encourage the use of biofertilizers and organic farming, which is predicted to boost the demand for poultry manure biofertilizers.

The high adoption ratio of synthetic fertilizers over biofertilizers is predicted to restrain the growth of the global poultry manure biofertilizers market.

Key Players Covered:

The prominent players operating in the global poultry manure biofertilizers market are Fabon Agro, Jaipur Bio Fertilizers, Ductor Oy, Lallemand Inc., National Fertilizers Limited, OMRI, Australian Bio Fert Pty Ltd, Biola, and Others

Poultry manure biofertilizers are extensively utilized for the soil treatment. The use of chemical fertilizers can cause contamination of environment and degradation of soil quality. Therefore, current trends in agriculture are encouraging on search for substitute to chemical fertilizer to improve soil quality which is predicted to boost the sale of poultry manure biofertilizers. Furthermore, soil fertility is diminishing gradually because of various reasons such as soil erosion, accretion of salts and toxic elements, which is predicted to boost the demand for poultry manure biofertilizers.

The application in cereal production is projected to grow at healthier pace owing to increasing demand for organic cereals across the developed as well as developing regions. Poultry manure biofertilizer is widely utilized in the cultivation of organic cereals due to its efficiency and comparatively low price. With the high export potential of organic cereals the area under the cultivation is increasing which is expected to be a favorable factor for rising demand of poultry manure biofertilizers.

Regional Analysis:

Asia Pacific is predicted to grow at significant pace in the global market. The high profit margin associated with the cultivation organic cereal, fruits, and vegetables is gravitating farmers to utilize biofertilizers. Moreover, the increasing adoption of poultry breeding as a secondary or primary income source is producing more raw material i.e. poultry excreta which is projected to boost the production of poultry manure biofertilizers. In addition, the various initiatives taken by governments to encourage farmers to adopt organic farming are predicted to boost the demand for poultry manure biofertilizers.

North America is likely to grow at substantial pace in the global market of poultry manure biofertilizers. The increasing adoption of organic food products among American consumers is inspiring growers to utilize poultry manure biofertilizers; as a result the biofertilizer producers are embarking on the research and development of innovative poultry manure biofertilizers which is expected to drive the North America market. The degrading soil and yield quality coupled with the presence of prominent players within the region are predicted to boost the demand for poultry manure biofertilizers,

Segmentation

Key Industry Developments:

• In October 2019, Ductor, a Finnish-Swiss biotechnology company, has inaugared its first commercial-scale biofertilizer and biogas-producing facility in Mexico that uses 100 percent poultry waste.


• In March 2015, The Paramparagat Krishi Vikas Yojana initiative by the Indian Government endorses commercial organic production through certified organic farming. This initiative is encouraging growers to embrace organic farming practices which is expected to increase the demand for poultry manure biofertilizers.