my country’s microbial fertilizer production is gradually increasing and market competition is fierce

Microbial fertilizers are products made from specific living microorganisms. They use the life activities of the microorganisms contained in them to increase the supply of plant nutrients or promote plant growth, and improve the quality of agricultural products and the agricultural ecological environment. After years of development, the types of microbial fertilizers have become increasingly rich and have various classification methods. According to different types of microorganisms, microbial fertilizers can be roughly divided into algae fertilizers, fungal fertilizers, bacterial fertilizers, actinomycete fertilizers, etc.; according to different product functions, microbial fertilizers can be roughly divided into potassium-decomposing microbial fertilizers, phosphorus-dissolving microbial fertilizers, and organic matter-decomposing microorganisms. Fertilizers, etc.; according to different product forms, microbial fertilizers can be roughly divided into granules, liquids, powders, etc.

From the downstream of the industrial chain, microbial fertilizers are mainly used in the planting industry. At this stage, food is an important aspect to ensure the country’s economic development and an important raw material to ensure residents’ basic life. In order to ensure that our country has sufficient food supply, our country continues to adjust its agricultural planting structure and promote the gradual growth of food production. According to data released by the National Bureau of Statistics, my country’s grain output in 2022 will be 686.53 million tons, an increase of 3.68 million tons over the previous year, an increase of 0.5%. As an important tool for increasing food production, the market demand for microbial fertilizers is gradually growing.

According to the “China Microbial Fertilizer Industry Market Supply and Demand Research Consultation Report 2023-2027” released by the Industrial Research Center, due to the long-term use of chemical Fertilizers can cause damage to the soil, causing the soil environment to continue to deteriorate. In addition, as Chinese consumers’ awareness of fertilizers continues to increase, microbial fertilizers, as a new type of non-polluting fertilizer, can effectively improve soil fertility and increase resource utilization, and the market penetration rate is gradually increasing. With the gradual advancement of production technology, the production cost of microbial fertilizers has gradually decreased, and the market demand has gradually increased. Against this background, the production of microbial fertilizers in my country has gradually increased. According to data released by the Ministry of Agriculture and Rural Affairs, my country’s microbial fertilizer production will reach 30 million tons in 2022, with an annual output value of 40 billion yuan.

Industry analysts said that at present, there are a large number of microbial fertilizer companies in my country and the market competition is fierce. The largest microbial fertilizer companies in my country mainly include Meihua Biotech, Batian Ecology, Dongbao Biotech, Huifeng Biotech, Stanley Fertilizer, Xiangjia Animal Husbandry, Yihua Chemical, Hengfeng Technology, Runyuan Biotech, Nongda Fertilizer Industry, Xuan Kai Biology, Zhongnong Fuyuan, etc. In addition, there are a large number of small and medium-sized enterprises in my country’s microbial fertilizer market. These enterprises are small in scale, have relatively backward production technology, have relatively single product types, and have relatively low market competitiveness. As my country’s microbial fertilizer market continues to develop, the living space of small and medium-sized enterprises is gradually being squeezed, and they may be eliminated or disappear in the future, and their market concentration is expected to increase.