The biofertilizers market is driven primarily by the growth in the organic food industry and increase in awareness regarding the health hazards caused by the use of chemical fertilizers. Moreover, government agencies are promoting the use of biofertilizers, which has also driven the market growth, globally.
The controlled-release fertilizers market is driven by factors such as the rise in demand for high efficiency fertilizers, growth in research on cost-effective polymer coatings for coated & encapsulated fertilizers, and the impact of controlled-release fertilizers on controlling nutrient losses to the environment.
The demand for biofertilizers is completely dependent on the growth of the fertilizer industry. Furthermore, the shrinking arable land, adoption of new technology, and the increasing willingness of farmers to spend more for higher productivity are some important factors that contribute to the increasing demand for biofertilizers. The shortage in the supply of agricultural products in the last five years has resulted in an increase in their prices, and subsequently led to the increase in agricultural production. As a result, the demand for fertilizers has increased, which is expected to drive the demand for biofertilizers.
Ammonium Nitrate vs. Urea. For Cotton Production in Georgia. Glen Harris ... Ammonium Nitrate Sold in Georgia (Tons x 1000) Urea Sold in Georgia (Tons x 1000) ...