- In June 2022, Groundwork BioAg and Israel-based global crop protection company, ADAMA announced a commercial agreement offering sustainable, cost-effective mycorrhizal products to help increase crop yields in the Indian market. The collaboration would enable ADAMA and Groundwork BioAg to access India's vast and rapidly growing agricultural market. as soybean and corn. The product launch will help the company serve its Brazilian customers in a better way
- In August 2022, Valent BioSciences subsidiary, Mycorrhizal Applications LLC, announced an expansion of its research facilities at the Bio Research & Development Growth Park at the Donald Danforth Plant Science Center in St. Louis, Missouri. The expansion would provide increased laboratory capacity for research related to arbuscular mycorrhizal fungi, as well as additional office and meeting space. The expansion will also allow the company to conduct in-depth research on new uses for mycorrhizae
Frequently Asked Questions
The market is segmented based on Global Mycorrhizae-based Biofertilizers Market Segmentation, By Crop (Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, and Others), Form (Liquid and Solid), Application (Soil Treatment and Seed Treatment)– Industry Trends and Forecast to 2031
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The Global Mycorrhizae Based Biofertilizers Market size was valued at USD 818.70 USD Million in 2023.
The Global Mycorrhizae Based Biofertilizers Market is projected to grow at a CAGR of 6.4% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.
