SEAWEED BIOFERTILIZER MARKET

INTRODUCTION

Seaweed biofertilizer is a type of fertilizer made from seaweed that is used to improve the fertility of soils. It is made by extracting the nutrients found in seaweed, such as nitrogen, phosphorus, and potassium, and then combining them with other organic material to create a nutrient-rich fertilizer. Seaweed biofertilizers have a number of benefits for soil health, including increased soil aeration, improved water retention, improved soil structure, and higher nutrient availability. 

They also help to reduce soil compaction and increase microbial activity, both of which are essential for healthy plant growth. Additionally, seaweed biofertilizers are more eco-friendly than traditional fertilizers, as they don't contain any synthetic compounds or pollutants. Additionally, seaweed biofertilizers can help to reduce the runoff of nutrients into nearby water sources. This is important, as nutrient runoff can cause harmful algal blooms and oxygen depletion, both of which can have devastating effects on aquatic ecosystems.

Overall, seaweed biofertilizers are an effective and environmentally friendly way to improve soil fertility and promote healthy plant growth. They are easy to use, and can be applied directly to the soil or mixed with water for a liquid fertilizer. Seaweed biofertilizers are also relatively inexpensive and can be used on a variety of crops, making them a great choice for anyone looking to improve their soil fertility without breaking the bank. 

SEAWEED BIOFERTILIZER MARKET SIZE AND FORECAST

The Global Seaweed Biofertilizer market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

SEAWEED BIOFERTILIZER MARKET RECENT PARTNERSHIP

The first seaweed-based fertiliser was introduced by Cascadia Seaweed.  A liquid plant food derived from seaweed extract is the first agricultural product that Cascadia Seaweed and Refeed Canada have jointly introduced. ReFeed Seaweed Extract is a naturally occurring liquid plant food that is derived from the extract of cold-water kelp that has been cultivated.

It is perfect for a variety of growing applications and provides vital nutrients for growth.This cooperation is a logical outgrowth of the efforts they are both making to promote more resilient and sustainable food systems. In order to provide plant and soil health solutions that support food security, food production, and a more resilient food system, their work focuses on using nature and upcycling nutrients.

Prominent producers of seaweed are realising the advantages of employing seaweed as a fertiliser for both environmental and business purposes. Through the revitalization of soil microorganisms, fortification of plants, and improvement of soil structure, seaweed extract nourishes plants, improves soil health, and strengthens natural defences.

This natural fertiliser substitute contributes to the transition to a more resilient food chain by offering a variety of plant nutrients. With kelp ethically cultivated in partnership with First Nation partners, Cascadia Seaweed is extremely proud to produce this product locally in British Columbia.They are dedicated to having a good social, economic, and environmental impact as a recognised B Corp. This accomplishment serves as more evidence of the dedication to innovation and regenerative practices.

SEAWEED BIOFERTILIZER MARKET RECENT DEVELOPMENT

Bionema introduced a new line of biofertilizers that includes humic and fulvic acids, seaweed extracts, and other ingredients. These goods promote the natural processes that occur in plants and soil, improving nutrient uptake and assimilation, root surface area, and soil quality. According to field tests, plants that are treated with biostimulants are more resilient to abiotic stresses such as heat, drought, and salt, and their roots are able to reach more nutrients and water.

By employing the recommended 50% fertiliser mix plus Bionema's biostimulants improved root growth by 35% in Bionema's glasshouse testing when compared to utilising the standard 100% fertiliser mix alone. 93% of the biomass of the plants (except from the roots) was produced using a standard fertiliser mixture.

SEAWEED BIOFERTILIZER MARKET REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. How many Seaweed Biofertilizer are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Seaweed Biofertilizer and key vendor selection criteria
3. Where is the Seaweed Biofertilizer manufactured? What is the average margin per unit?
4. Market share of Global Seaweed Biofertilizer market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Seaweed Biofertilizer in-house
6. key predictions for next 5 years in Global Seaweed Biofertilizer market
7. Average B-2-B Seaweed Biofertilizer market price in all segments
8. Latest trends in Seaweed Biofertilizer market, by every market segment
9. The market size (both volume and value) of the Seaweed Biofertilizer market in 2024-2030 and every year in between?
10. Production breakup of Seaweed Biofertilizer market, by suppliers and their OEM relationship