The #United #States #biofertilizer market size reached US$ 586 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,240 Million by 2028, exhibiting a growth rate (CAGR) of 1... View MoreThe #United #States #biofertilizer market size reached US$ 586 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,240 Million by 2028, exhibiting a growth rate (CAGR) of 13.3% during 2023-2028.
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United States biofertilizer market Trends and Drivers:
The growing consumer awareness towards several adverse environmental effects caused by synthetic fertilizers, such as soil pollution and contamination, is primarily augmenting the United States biofertilizer market. Furthermore, the rising utilization of these chemicals has also increased the nitrogen levels of underground water, which is propelling the demand for organic farming across the country. Apart from this, the launch of favorable pest management programs by government bodies is acting as another significant growth-inducing factor. Moreover, the inflating disposable income levels of individuals and continuous advancements in the agriculture industry are bolstering the market growth.
Explore full report with table of contents: https://www.openpr.com/news/3032289/united-states-biofertilizer-market-size-to-reach-us-1-240
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United States Biofertilizer Market Size, Share, Growth, Report, 2028
According to the latest research reports by IMARC Group, the United States biofertilizer market is expected to exhibit a CAGR of 13.3% during 2023-2028.
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