Demand for Microalgae in Fertilizers The global market for microalgae-based fertilizers is poised for substantial growth, with a projected 10% compound annual growth rate (CAGR) from 2023 to 2033. According to Future Market Insights (FMI), the sector’s valuation is expected to surpass US$ 28.7 million by 2033, up from US$ 11 million in 2023. This significant expansion underscores the increasing importance …
Tag Archives: Demand for Microalgae in Fertilizers Sector
Future Market Insights Anticipates Demand for Microalgae in Fertilizers Sector to Exceed USD 28.7 Million by 2033
According to Future Market Insight, the global demand for microalgae in fertilizers sector is likely to reach USD 28.7 million by 2033, registering a CAGR of 10%. This is a considerable increase from its projected value of USD 11 million in 2023. Factors Fueling the Demand for Microalgae in Fertilizers Sector: Microalgae-based fertilizers are eco-friendly, reducing carbon footprint and supporting sustainable agriculture Microalgae …
Demand for Microalgae in Fertilizers Sector Soars to US$ 28.7 million by 2033: Exploring Growth | Future Market Insights
According to Future Market Insights (FMI), the demand for microalgae in the fertilisers sector is expected to expand steadily. Its total market value is predicted to exceed US$ 28.7 million by 2033, up from US$ 11 million in 2023. The demand for microalgae in the fertilisers sector is expected to increase at a 10% CAGR from 2023 to 2033. Microalgae …