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Biofertilizer Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis Up to 2029

The Biofertilizer Market is segmented by Form (Azospirillum, Azotobacter, Mycorrhiza, Phosphate Solubilizing Bacteria, Rhizobium), by Crop Type (Cash Crops, Horticultural Crops, Row Crops) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America).

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Biofertilizer Market Size

Biofertilizer Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 3.27 Billion
svg icon Market Size (2029) USD 5.23 Billion
svg icon Largest Share by Form Mycorrhiza
svg icon CAGR (2024 - 2029) 9.85 %
svg icon Largest Share by Region North America
svg icon Market Concentration High

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

Compare market size and growth of Biofertilizer Market with other markets in Agriculture Industry

Seeds

Crop Protection

Fertilizers

Agricultural Commodities

Agriculture Services

Agricultural Machinery and Technology

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Biofertilizer Market Analysis

The Biofertilizer Market size is estimated at USD 3.27 billion in 2024, and is expected to reach USD 5.23 billion by 2029, growing at a CAGR of 9.85% during the forecast period (2024-2029).

  • Mycorrhiza is the Largest Form. Mycorrhiza, also referred to as Arbuscular mycorrhizal fungi (AMF), was proven to increase crop yields significantly. It is the most consumed biofertilizer globally.
  • Rhizobium is the Fastest-growing Form. Rhizobium is the most important nitrogen-fixing bacterium that exists in a symbiotic relationship with plants and lives in the root nodules of leguminous plants.
  • Row Crops is the Largest Crop Type. The major row crops grown around the world include rice, barley, corn, wheat, rapeseed, rye, soybean, etc. and they accounted for 74.6% of biofertilizer consumption in 2022.
  • North America is the Largest Region. The area under cultivation of organic crops in the region had increased by 13.5% during the historic period from 1.4 million hectares in 2017 to 1.6 million hectares in 2021.

Biofertilizer Market Trends

This section covers the major market trends shaping the Biofertilizer Market according to our research experts:

Mycorrhiza is the largest Form

  • Biofertilizers are living microorganisms that can enhance plant nutrition by either mobilizing or increasing nutrient availability in soils. The most common microorganisms used as biofertilizers in agriculture include mycorrhiza, Azospirillum, Azotobacter, Rhizobium, and phosphate-solubilizing bacteria.
  • Among these, mycorrhiza is the most consumed biofertilizer globally. It accounted for 36.3% of the biofertilizer segment in 2022, with a market value of USD 995.3 million and a volume of 96.6 thousand metric tons. Mycorrhiza increases the root surface area of plants, thus enhancing their nutrient uptake.
  • Rhizobium is the second most consumed biofertilizer globally. It accounted for 24.8% of the biofertilizer segment in 2022. North America dominated the rhizobium sub-segment with a market share of 52.7% in the same year. Row crops dominated the rhizobium sub-segment in North America, accounting for 62.4% in 2022. Rhizobium has a symbiotic association with leguminous crops, a category of row crops. Thus, row crops dominated the rhizobium sub-segment. North America also has a large cultivation area of row crops. The rhizobium sub-segment in the North American row crops market is anticipated to record a CAGR of 10.5% during the forecast period.
  • Azospirillum accounted for 16.8% of the biofertilizer segment. North America dominated the Azospirillum sub-segment, accounting for 46.4% in 2022. The market value increased by about 57.8% during the historic period.
  • Thus, the biofertilizer segment of the global agricultural biologicals market is expected to grow in the coming years as more farmers seek sustainable and eco-friendly solutions to improve crop yields and soil health.
Biofertilizer Market: Biofertilizer Market, CAGR, %, By Form, 2023 - 2029

North America is the largest Region

  • Biofertilizers are living microorganisms that have the ability to enhance plant nutrition by either mobilizing or increasing nutrient availability in soils. North America and Europe are the major consumers of biofertilizers in the world.
  • North America accounted for 35.9% of the global biofertilizer market in 2022. The area under cultivation of organic crops in the region increased by 13.5% during the historical period, from 1.4 million hectares in 2017 to 1.6 million hectares in 2021. The demand for organic food in the region is growing rapidly, with an average per capita spending on organic food products in North America at USD 109.7 in 2021.
  • The European region accounted for 31.9% in 2022 and stood as the second-largest consumer of biofertilizers. Europe had the largest area under organic farming in the world, with 6.5 million hectares in 2021. The European Commission has unveiled an action plan to increase the organic area in the member countries to occupy 25.0% of the region's agricultural land area by 2030. This factor is further expected to drive the market for biofertilizers in the region.
  • The Asia-Pacific region is a leading producer of organic crops such as rice, sugarcane, and fruits and vegetables. China and India are emerging leaders, although organic farming only accounts for a small portion of their total agricultural area. The organic farming area in the region grew from 2017 to 2021, and this trend is expected to drive growth in the biofertilizer market.
  • The increasing organic crop area and increasing demand for organic commodities across the world, particularly in regions like Europe and North America, may drive the demand for biofertilizers during the forecast period.
Biofertilizer Market: Biofertilizer Market, CAGR, %, By Region, 2023 - 2029

Biofertilizer Industry Overview

The Biofertilizer Market is fragmented, with the top five companies occupying 21.97%. The major players in this market are Gujarat State Fertilizers & Chemicals Ltd, Indian Farmers Fertiliser Cooperative Limited, Koppert Biological Systems Inc., Symborg Inc. and T.Stanes and Company Limited (sorted alphabetically).

Biofertilizer Market Leaders

  1. Gujarat State Fertilizers & Chemicals Ltd

  2. Indian Farmers Fertiliser Cooperative Limited

  3. Koppert Biological Systems Inc.

  4. Symborg Inc.

  5. T.Stanes and Company Limited

*Disclaimer: Major Players sorted in no particular order

Biofertilizer Market Concentration
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Biofertilizer Market News

  • October 2022: Koppert intends to invest in three new production units in Brazil, ensuring its leadership in the Brazilian and global markets for biological agricultural inputs. The new formulation unit will be located on more than 8,000 m2. It will produce the entire microbiological line, including products based on viruses, fungi, and bacteria in liquid or solid formulations.
  • September 2022: Corteva Agriscience agreed to acquire Symborg Inc. to strengthen its global presence with a strong distribution network.
  • March 2021: Symborg opened a new hydrolysis plant in Spain, with a total investment of USD 28.0 million. The plant is designed for the manufacturing of sustainable products for agriculture, such as biofertilizers, biostimulants, and biocontrol solutions that are imported to the United States.

Biofertilizer Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study

    3. 1.3. Research Methodology

  2. 2. KEY INDUSTRY TRENDS

    1. 2.1. Area Under Organic Cultivation

    2. 2.2. Per Capita Spending On Organic Products

    3. 2.3. Regulatory Framework

    4. 2.4. Value Chain & Distribution Channel Analysis

  3. 3. MARKET SEGMENTATION

    1. 3.1. Form

      1. 3.1.1. Azospirillum

      2. 3.1.2. Azotobacter

      3. 3.1.3. Mycorrhiza

      4. 3.1.4. Phosphate Solubilizing Bacteria

      5. 3.1.5. Rhizobium

      6. 3.1.6. Other Biofertilizers

    2. 3.2. Crop Type

      1. 3.2.1. Cash Crops

      2. 3.2.2. Horticultural Crops

      3. 3.2.3. Row Crops

    3. 3.3. Region

      1. 3.3.1. Africa

        1. 3.3.1.1. By Country

          1. 3.3.1.1.1. Egypt

          2. 3.3.1.1.2. Nigeria

          3. 3.3.1.1.3. South Africa

          4. 3.3.1.1.4. Rest of Africa

      2. 3.3.2. Asia-Pacific

        1. 3.3.2.1. By Country

          1. 3.3.2.1.1. Australia

          2. 3.3.2.1.2. China

          3. 3.3.2.1.3. India

          4. 3.3.2.1.4. Indonesia

          5. 3.3.2.1.5. Japan

          6. 3.3.2.1.6. Philippines

          7. 3.3.2.1.7. Thailand

          8. 3.3.2.1.8. Vietnam

          9. 3.3.2.1.9. Rest of Asia-Pacific

      3. 3.3.3. Europe

        1. 3.3.3.1. By Country

          1. 3.3.3.1.1. France

          2. 3.3.3.1.2. Germany

          3. 3.3.3.1.3. Italy

          4. 3.3.3.1.4. Netherlands

          5. 3.3.3.1.5. Russia

          6. 3.3.3.1.6. Spain

          7. 3.3.3.1.7. Turkey

          8. 3.3.3.1.8. United Kingdom

          9. 3.3.3.1.9. Rest of Europe

      4. 3.3.4. Middle East

        1. 3.3.4.1. By Country

          1. 3.3.4.1.1. Iran

          2. 3.3.4.1.2. Saudi Arabia

          3. 3.3.4.1.3. Rest of Middle East

      5. 3.3.5. North America

        1. 3.3.5.1. By Country

          1. 3.3.5.1.1. Canada

          2. 3.3.5.1.2. Mexico

          3. 3.3.5.1.3. United States

          4. 3.3.5.1.4. Rest of North America

      6. 3.3.6. South America

        1. 3.3.6.1. By Country

          1. 3.3.6.1.1. Argentina

          2. 3.3.6.1.2. Brazil

          3. 3.3.6.1.3. Rest of South America

  4. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Andermatt Group AG

      2. 4.4.2. Atl谩ntica Agr铆cola

      3. 4.4.3. Binzhou Jingyang Biological Fertilizer Co. Ltd

      4. 4.4.4. Biostadt India Limited

      5. 4.4.5. Ficosterra

      6. 4.4.6. Gujarat State Fertilizers & Chemicals Ltd

      7. 4.4.7. Indian Farmers Fertiliser Cooperative Limited

      8. 4.4.8. Indogulf BioAg LLC (Biotech Division of Indogulf Company)

      9. 4.4.9. IPL Biologicals Limited

      10. 4.4.10. Kiwa Bio-Tech

      11. 4.4.11. Koppert Biological Systems Inc.

      12. 4.4.12. Microbial Biological Fertilizers International

      13. 4.4.13. Sust氓ne Natural Fertilizer Inc.

      14. 4.4.14. Symborg Inc.

      15. 4.4.15. T.Stanes and Company Limited

  5. 5. KEY STRATEGIC QUESTIONS FOR AGRICULTURAL BIOLOGICALS CEOS

  6. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter's Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. GLOBAL BIOFERTILIZER MARKET, AREA UNDER ORGANIC CULTIVATION, HECTARES, 2017 - 2022
  1. Figure 2:  
  2. GLOBAL BIOFERTILIZER MARKET, PER CAPITA SPENDING ON ORGANIC PRODUCTS, USD, 2017 - 2022
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  2. GLOBAL BIOFERTILIZER MARKET, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VOLUME SHARE(%), BY FORM, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VOLUME SHARE(%), BY CROP TYPE, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY REGION, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY REGION, VALUE, USD, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VOLUME SHARE(%), BY REGION, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY REGION, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VOLUME SHARE(%), BY COUNTRY, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY COUNTRY, 2017 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
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  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 108:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 109:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 110:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 111:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 112:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 113:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 114:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 115:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 116:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 117:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 118:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 119:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 120:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 121:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 122:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 123:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 124:  
  2. GLOBAL BIOFERTILIZER MARKET, VOLUME SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 125:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 126:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 127:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 128:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 129:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 130:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 131:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 132:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 133:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 134:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 135:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 136:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 137:  
  2. GLOBAL BIOFERTILIZER MARKET, VOLUME SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 138:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 139:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 140:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 141:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 142:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 143:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 144:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 145:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 146:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 147:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 148:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 149:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 150:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 151:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 152:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 153:  
  2. GLOBAL BIOFERTILIZER MARKET, VOLUME SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 154:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 155:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 156:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 157:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 158:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 159:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 160:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 161:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 162:  
  2. GLOBAL BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 163:  
  2. GLOBAL BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 164:  
  2. GLOBAL BIOFERTILIZER MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017-2022
  1. Figure 165:  
  2. GLOBAL BIOFERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2017-2022
  1. Figure 166:  
  2. GLOBAL BIOFERTILIZER MARKET SHARE(%), BY MAJOR PLAYERS, 2022

Biofertilizer Industry Segmentation

Azospirillum, Azotobacter, Mycorrhiza, Phosphate Solubilizing Bacteria, Rhizobium are covered as segments by Form. Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
Form
Azospirillum
Azotobacter
Mycorrhiza
Phosphate Solubilizing Bacteria
Rhizobium
Other Biofertilizers
Crop Type
Cash Crops
Horticultural Crops
Row Crops
Region
Africa
By Country
Egypt
Nigeria
South Africa
Rest of Africa
Asia-Pacific
By Country
Australia
China
India
Indonesia
Japan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Country
France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
Middle East
By Country
Iran
Saudi Arabia
Rest of Middle East
North America
By Country
Canada
Mexico
United States
Rest of North America
South America
By Country
Argentina
Brazil
Rest of South America
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Market Definition

  • AVERAGE DOSAGE RATE - This refers to the average volume of biofertilizers applied per hectare of farmland in the respective region/country.
  • CROP TYPE - Row Crops: Cereals, Pulses, Oilseeds, and Forage Crops Horticulture: Fruits, and Vegetables, Cash Crops: Plantation Crops and Spices.
  • FUNCTIONS - Biofertilizer
  • MARKET ESTIMATION LEVEL - Market Estimations for various types of biofertilizers fertilizers has been done at the product-level.
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Research Methodology

糖心vlog传媒 follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal聽terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
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Biofertilizer Market Research FAQs

The Biofertilizer Market size is expected to reach USD 3.27 billion in 2024 and grow at a CAGR of 9.85% to reach USD 5.23 billion by 2029.

In 2024, the Biofertilizer Market size is expected to reach USD 3.27 billion.

Gujarat State Fertilizers & Chemicals Ltd, Indian Farmers Fertiliser Cooperative Limited, Koppert Biological Systems Inc., Symborg Inc. and T.Stanes and Company Limited are the major companies operating in the Biofertilizer Market.

In the Biofertilizer Market, the Mycorrhiza segment accounts for the largest share by form.

In 2024, North America accounts for the largest share by region in the Biofertilizer Market.

In 2023, the Biofertilizer Market size was estimated at USD 2.99 billion. The report covers the Biofertilizer Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Biofertilizer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Biofertilizer Industry Report

The Biofertilizer Market is segmented by form, including Azospirillum, Azotobacter, Mycorrhiza, Phosphate Solubilizing Bacteria, and Rhizobium. It is also segmented by crop type, such as cash crops, horticultural crops, and row crops, and by region, including Africa, Asia-Pacific, Europe, the Middle East, North America, and South America. The report provides a comprehensive market forecast outlook, offering detailed insights into market trends, market segmentation, and market growth.

The industry analysis includes a market overview and market review, highlighting the market value and market size. The report also discusses the industry outlook and industry trends, focusing on market leaders and market predictions.

Industry reports and industry research present valuable industry statistics and industry information, which are crucial for understanding the market data and market forecast. The report pdf is available for download, providing a detailed market report and market analysis.

The industry reports cover various aspects such as market growth, market outlook, and market segmentation, helping research companies and stakeholders make informed decisions. The market report includes a historical overview and market forecast, emphasizing the growth rate and market share.

Overall, this industry report serves as a comprehensive guide for understanding the biofertilizer market, offering insights into industry size, industry sales, and market trends. The report example and report pdf provide an in-depth analysis, making it an essential resource for market review and market predictions.

Biofertilizer Market Report Snapshots

Biofertilizer Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis Up to 2029

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