Pollution is a major concern in the current era. Its side effects are clearly impacting the environment. Many species have already been wiped out of existence and this is threatening the future of humanity. Someone said “Prevention is better than cure”. Awareness is created across the globe regarding this issue and ecofriendly products and processes are being encouraged across many platforms from domestic level to industrial level. Traditional inorganic fertilizers are known to cause ill-effects like soil, air and water pollution. Bio fertilizer is basically an organic waste that contains living microorganisms which enrich the soil and enhance the nutrition of the crop.
Rigorous regulations surrounding fertilizers and environmental protection also amplified the consumption of bio fertilizers to reduce the toxic materials released into water and food.
Bio fertilizers are new type of fertilizers and are less consumed relative to other fertilizers. As per the recent statistics, approximately 10.12 mega tons of bio fertilizer were used in 2015. Bio fertilizers are growing faster than any other fertilizer at a Compound Annual Growth Rate in double digit. APAC is the highest consumer of this market and is also the fastest growing. According to the analysis, the yield of cauliflower was increased by 40% whit the assistance of Azobacter a type of bio fertilizer. It also increased the yield of many other fertilizers. Bio fertilizer will slowly but surely will become most popular fertilizer in the market.
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