Bio-fertilizers: Importance & Rising Demand in India

Bio-fertilizers: Importance & Rising Demand in India

Existing soil management strategies involve extensive usage of chemical-based fertilizers, i.e., a serious threat to both humans and the environment. Hence, bio-fertilizers, which are substances comprising microorganisms like mycorrhizal fungi, blue-green algae, & bacteria, which, when added to the soil, boost its fertility & promote plant growth, have become of utmost importance for their potential role in food safety & sustainable crop production, particularly in India, owing to the country's massive economic dependence on its agriculture sector.

A recent research report by MarkNtel Advisors has revealed that the India Bio-Fertilizers Market is set to record around 11.0% CAGR during 2023- 28. Though most of India's agricultural activities are monsoon-dependent, using a good bio-fertilizer is vital for a better crop yield and increased soil fertility. These eco-friendly & cost-effective fertilizers also restore the natural nutrient soil cycle, build organic matter, and enhance the soil's sustainability & health.

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Currently, India is witnessing various environmental concerns and increasing health consciousness, which has generated the need for the minimal utilization of chemical fertilizers. Due to this, the government is massively investing in green & organic fertilizers to prevent chemical absorption. Moreover, there's the ever-growing consumer demand for organic food products, i.e., leading to the mounting adoption of organic farming techniques and, in turn, bio-fertilizers.

Why are they important and better than Synthetic Fertilizers?

Discussed below is the importance of bio-fertilizers, how they impact plant growth & development, and what sets them apart from synthetic fertilizers.

Bio-fertilizers improve crop growth and boost yield by around 20-30%. They are effective even in areas with dry environments & lesser rainfall. In addition, they help improve soil properties like texture, bulk density, & water-holding capacity. They do not allow harmful pathogens to survive in soil by releasing some chemicals that keep harmful pathogens under check.

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Moreover, besides the essential nutrients like nitrogen, potassium, & phosphorous, bio-fertilizers produce vitamins, nutrients, and several growth-boosting chemicals in the soil, such as cytokinins & GA (Gibberellic Acid), thereby improving soil fertility. Another crucial benefit is that farmers can prepare bio-fertilizers near their farms by vaccinating cultures of bacteria after attaining enough knowledge & experience about the process.

Furthermore, no surroundings get polluted with the use of bio-fertilizers as they do not produce any residues or polluting substances that interfere with the surroundings, unlike synthetic fertilizers that permanently destroy soil conditions. Hence, these aspects indicate the greater importance of bio-fertilizers in sustainable agriculture practices.

Conclusion

India is witnessing growing environmental concerns and unprecedentedly declining productivity. Our reliance on synthetic fertilizers & pesticides has boosted the production of life-threatening chemicals, which are hazardous for human consumption and can disturb the ecological balance. Hence, at this time, when the agriculture sector is facing various environmental stresses, bio-fertilizers are gaining traction and can help suffice the ever-increasing food requirements of the rising population. Understanding their valuable aspects and executing their application to modern farming practices would create new directions for the bio-fertilizers industry in India to witness significant expansion over the coming years.

For Further Query, Feel Free to Contact Our Consultant- https://www.marknteladvisors.com/query/talk-to-our-consultant/india-bio-fertilizers-market.html

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