Published by Uma Rajagopal
Posted on January 19, 2022
Rising concerns in terms of soil fertility, crop productivity, and focus on reducing reliance on chemical pesticides is fuelling the demand for microalgae in the fertilizers sector. According to a report by Future Market Insights (FMI), the market will reflect a CAGR of 8.7%, surpassing US$ 21,747.6 Thousand by the end of 2031.
Microalgae is an organic, natural material and is a source of renewable energy obtained from marine or freshwater sources. Various species are finding roles of water retention and nutrition for varying soil profiles.
They have been utilized as a soil conditioner for numerous years in various studies, where liquid preparation and powdered extracts are used satisfactorily on cereal crops, resulting in increased crop yield, higher nutrient uptake, and improved herbicide tolerance.
Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13376
Dry algae is also gaining traction as compost, assisting in soil binding, making it ideal for use as a bio-fertilizer. As dry algae is an organic material, it may store nutrients and provide them to plants via capillary action for a longer period.
Conventional chemical fertilizers dissolve in water and settle deep in the ground. Consequently, nutrients in fertilizers become unavailable over time. Microalgae fertilizers are used to resolve this problem. It also increases the soil’s water-holding capacity and the intermolecular space between soil molecules, allowing sufficient aeration to reach the root system.
Consumer preference for organic and environment-friendly fertilizers to enhance crop yield along with increasing concerns about sustainability drive the demand for microalgae in the fertilizers industry.
Rising concerns pertaining to reduced soil salinization, greenhouse emissions, and abiotic stress in agriculture are driving the demand for natural ingredient-based fertilizers, supporting the incorporation of microalgae.
Growing Applications of Microalgae Residue
Cyanobacteria and microalgae have numerous applications and are a significant source of bioactive compounds. Generally, microalga is a rich source of essential macro and micro-elements, which can be used as a protein source in food, feed, and fertilizer applications.
Microalgae contain lipids, carbohydrates, and proteins. Lipids extracted from algae are rich in oxygen (O) (26.3%), C (49.0%), N (5.76%) and hydrogen (H) (6.96%).
Untreated microalgae and microalgae biomass are rich in organic matter and macronutrient contents. This supports soil fertility, which in turn helps consumers to gain higher crop yield. Moreover, the cost of microalgae is comparatively low. Therefore, several fertilizer manufacturers utilize algae waste in their products.
Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-13376
2016-2020 Demand for Microalgae in Fertilizers Sector Outlook Compared to 2021-2031 Forecast
The global demand for microalgae in fertilizer sector rose at a CAGR of 5.2% during 2016-2020 and is further expected to grow at a CAGR of 8.7% during the forecast period of 2021-31.
Conventional fertilizers provide a high volume of nutrients. However, plants only absorb around a third of such nutrients, consequently reducing crop yields. To improve crop yield while reducing chemical use, manufacturers are engaging in research and developing bio-fertilizer offerings.
Farmers are exhibiting high demand for bio-fertilizers as they intend to obtain higher yields while reducing production costs and enhancing crop quality. The use of bio-fertilizers to improve nutrient uptake is propelling the microalgae industry.
How is Focus on Crop Yield Affecting Demand for Microalgae in Fertilizers?
Crop productivity in recent years has been hampered by factors such as soil salinization, irrigation inadequacy, temperature fluctuations, and others. Inadequate usage of chemical fertilization has led to an osmotic imbalance with subsequent damage to crop growth and yields.
Spirulina and chlorella microalgae variants have proven useful in bolstering tolerance of wheat crops to salinity, while increasing the antioxidant capacity and protein content of whole grains with microalgae fertilizers. Efficacy in reducing abiotic stress and improvements to productivity and quality, drives demand in the fertilizer sector.
Competitive Landscape
Key Questions Answered in the Report
Buy Complete Report @ https://www.futuremarketinsights.com/checkout/13376
Related Reports:
Pet Food Processing Market – The global pet food processing market size is estimated to be valued at USD 5.0 Billion in 2022 and projected to reach USD 8.4 Billion by 2032, which record a CAGR of 5.3% during the forecast period from 2022–2032.
Prebiotic Ingredients Market – The prebiotic ingredients market is estimated to be valued at USD 6.6 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 18 Bn by 2032, rising at a CAGR of 10.5% for 2022-32.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Rising concerns in terms of soil fertility, crop productivity, and focus on reducing reliance on chemical pesticides is fuelling the demand for microalgae in the fertilizers sector. According to a report by Future Market Insights (FMI), the market will reflect a CAGR of 8.7%, surpassing US$ 21,747.6 Thousand by the end of 2031.
Microalgae is an organic, natural material and is a source of renewable energy obtained from marine or freshwater sources. Various species are finding roles of water retention and nutrition for varying soil profiles.
They have been utilized as a soil conditioner for numerous years in various studies, where liquid preparation and powdered extracts are used satisfactorily on cereal crops, resulting in increased crop yield, higher nutrient uptake, and improved herbicide tolerance.
Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13376
Dry algae is also gaining traction as compost, assisting in soil binding, making it ideal for use as a bio-fertilizer. As dry algae is an organic material, it may store nutrients and provide them to plants via capillary action for a longer period.
Conventional chemical fertilizers dissolve in water and settle deep in the ground. Consequently, nutrients in fertilizers become unavailable over time. Microalgae fertilizers are used to resolve this problem. It also increases the soil’s water-holding capacity and the intermolecular space between soil molecules, allowing sufficient aeration to reach the root system.
Consumer preference for organic and environment-friendly fertilizers to enhance crop yield along with increasing concerns about sustainability drive the demand for microalgae in the fertilizers industry.
Rising concerns pertaining to reduced soil salinization, greenhouse emissions, and abiotic stress in agriculture are driving the demand for natural ingredient-based fertilizers, supporting the incorporation of microalgae.
Growing Applications of Microalgae Residue
Cyanobacteria and microalgae have numerous applications and are a significant source of bioactive compounds. Generally, microalga is a rich source of essential macro and micro-elements, which can be used as a protein source in food, feed, and fertilizer applications.
Microalgae contain lipids, carbohydrates, and proteins. Lipids extracted from algae are rich in oxygen (O) (26.3%), C (49.0%), N (5.76%) and hydrogen (H) (6.96%).
Untreated microalgae and microalgae biomass are rich in organic matter and macronutrient contents. This supports soil fertility, which in turn helps consumers to gain higher crop yield. Moreover, the cost of microalgae is comparatively low. Therefore, several fertilizer manufacturers utilize algae waste in their products.
Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-13376
2016-2020 Demand for Microalgae in Fertilizers Sector Outlook Compared to 2021-2031 Forecast
The global demand for microalgae in fertilizer sector rose at a CAGR of 5.2% during 2016-2020 and is further expected to grow at a CAGR of 8.7% during the forecast period of 2021-31.
Conventional fertilizers provide a high volume of nutrients. However, plants only absorb around a third of such nutrients, consequently reducing crop yields. To improve crop yield while reducing chemical use, manufacturers are engaging in research and developing bio-fertilizer offerings.
Farmers are exhibiting high demand for bio-fertilizers as they intend to obtain higher yields while reducing production costs and enhancing crop quality. The use of bio-fertilizers to improve nutrient uptake is propelling the microalgae industry.
How is Focus on Crop Yield Affecting Demand for Microalgae in Fertilizers?
Crop productivity in recent years has been hampered by factors such as soil salinization, irrigation inadequacy, temperature fluctuations, and others. Inadequate usage of chemical fertilization has led to an osmotic imbalance with subsequent damage to crop growth and yields.
Spirulina and chlorella microalgae variants have proven useful in bolstering tolerance of wheat crops to salinity, while increasing the antioxidant capacity and protein content of whole grains with microalgae fertilizers. Efficacy in reducing abiotic stress and improvements to productivity and quality, drives demand in the fertilizer sector.
Competitive Landscape
Key Questions Answered in the Report
Buy Complete Report @ https://www.futuremarketinsights.com/checkout/13376
Related Reports:
Pet Food Processing Market – The global pet food processing market size is estimated to be valued at USD 5.0 Billion in 2022 and projected to reach USD 8.4 Billion by 2032, which record a CAGR of 5.3% during the forecast period from 2022–2032.
Prebiotic Ingredients Market – The prebiotic ingredients market is estimated to be valued at USD 6.6 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 18 Bn by 2032, rising at a CAGR of 10.5% for 2022-32.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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