Report ID: SQMIG15A2140
Insect Fertilizers Market Size, Share, Growth Analysis, By Application(cereals and grains, fruits and vegetables, and other applications), By Type(soldier flies, mealworms, crickets, buffalo worms), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15A2140 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|
Tables:
69 |
Figures:
74
Insect Fertilizers Market Dynamics
Insect Fertilizers Market Drivers
Benefits to Crops will Bolster Demand for Insect Fertilizers
- The growth of the insect fertilisers market is fueled by the use of BSF Frass in agricultural practices. Numerous fertiliser inputs are necessary for intensive crop production, but they are expensive and unavailable to certain farmers, particularly in low- and middle-income nations.
- The production of mineral fertilisers uses a lot of energy, and their use in agriculture is increasingly viewed as unsustainable. Therefore, research into the black soldier fly as a novel fertilizer has a lot to offer farmers.
Insect Fertilizers Market Restraints
International Trade Tariff to Hinder Market Growth
- One of the world's greatest manufacturers and consumers of organic fertilisers, China, has observed the effects of the COVID-19 outbreak on the market for insect fertilisers. The supply chain was adversely impacted by the closure of manufacturing facilities in China and limitations on the export and import of fertilisers and raw materials, mainly animal waste to and from China's restricted areas. The production, sales, and business operations of this sector were impacted by this circumstance.
Insect Fertilizers Market Report Snapshots
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