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Global Biofertilizers Market Size is valued at USD 3.3 Billion in 2024 and is predicted to reach USD 9.9 Billion by the year 2034 at an 11.6% CAGR during the forecast period for 2025-2034.
Key Industry Insights & Findings from the Report:
The term "biofertilizer" refers to a material that contains pathogenic microbes that, when added to soil, seedlings, or plant surfaces, colonize the rhizosphere or inside of the plant and encourage development by boosting the supply or availability of primary nutrients to the host plant. A few factors that may support the expansion of the biofertilizers market during the forecast period include the expanding array of government attempts to raise public awareness of the benefits of using biofertilizers, and the growing industrial effects of chemical fertilizers, rising usage of homesteads and private farms.
On the other hand, growing demand from underdeveloped countries may increase the number of chances and lead to the growth of the biofertilizers market. Monoculture agriculture is one of the agronomic practices developing the fastest worldwide. Farmers are encouraged to employ biological fertilizers conducive to organic food production by the rising market demand for biofertilizers and organic food.
Governments worldwide are promoting the use of chemical fertilizers due to worries about declining soil quality brought on by improper use of these fertilizers and potential health risks. Consumers are also getting more worried about food safety issues, higher residue levels in food, and environmental issues due to increasing health concerns. Because of this, major retail giants like Wal-Mart and Costco are actively expanding by diversifying their products.
The biofertilizers market is segmented based on type, mode of application, crop type and form. Based on type, the market is segmented as nitrogen-fixing microbes, phosphate solubilizing and mobilizing microbes, potassium solubilizing and mobilizing microbes and other types (zinc, silica, and sulfur solubilizing biofertilizers). By mode of application, the biofertilizers market is segmented into nitrogen-fixing microbes, phosphate solubilizing and mobilizing microbes, potassium solubilizing and mobilizing microbes and other types (zinc, silica, and sulfur solubilizing biofertilizers). Based on crop type, the biofertilizers market is segmented as cereals & grains, pulses & oilseeds, fruits & vegetables and other crop types (turf & ornamentals, plantation crops, fiber crops, and hay & forage crops). Based on form, the biofertilizers market is segmented as liquid and carrier-based
The nitrogen-fixing microbes' category will hold a major share of the global biofertilizers market in 2021. The risks associated with using chemical fertilizers, the increase in federal programs and growing public awareness of the need for sustainability in modern agriculture, the rapidly increasing popularity of sophisticated farming techniques like drip irrigation and sprinklers, and the escalating health concerns are all cited as reasons for this segment's significant market share. Moreover, nitrogen-fixing bacteria are a more cost-effective, environmentally friendly, and economically advantageous way to supply nitrogen to plants.
The seed treatment personal care segment is projected to grow rapidly in the global biofertilizers market. Due to the numerous benefits of seed treatment in biofertilizers, including increased germination percentage and a decreased incidence of foot and root rot, this category holds a sizable market share. Moreover, it enhances the availability of phosphorus in the soil by aiding in its solubilization. The market for biofertilizers is being driven by the rising usage of these fertilizers in the seed treatment of oilseeds like peanut, rapeseed, and soybean, as well as cereals like rice, rye, maize, and maize., especially in countries such as the US, Germany, UK, China, and India.
The North American biofertilizers market is expected to register the highest market share in revenue soon. The supremacy can be attributed to the greater government involvement in local farming practices, which led to significant changes in agriculture practices across the US and Canada. A strict regulatory context and a rising demand for biofertilizer products have contributed to the biofertilizer market growth. In North America, the loss of farmland has been brought on by industrialization, mining, and urbanization. In addition, the Asia Pacific region is predicted to grow tremendously in the global biofertilizers market. The region to which this is credited is Africa and Asia-Pacific, where fertilizer usage is highest. Population growth, particularly in Asia, has increased market interest in food, which will result in increased fertilizer use.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 3.3 Billion |
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Revenue forecast in 2034 |
USD 9.9 Billion |
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Growth rate CAGR |
CAGR of 11.6% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Mn,, Volume (KT) and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Type, Mode Of Application, Crop Type And Form |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
Novozymes, GSFC Ltd, Bienvenido., Rashtriya Chemicals and Fertilizers Limited, T. STANES and COMPANY LIMITED, National Fertilizers Limited, MADRAS FERTILIZERS LIMITED, International Panacea Limited, LALLEMAND Inc., Kan bossy, Kiwi Bio-Tech, Symborg., Some Phytopharma India Ltd., Mapleton Agri Biotic Pty Ltd., ASB Greenland Helmut Ahrens GmbH. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Biofertilizers Market By Type
Biofertilizers Market By Mode of Application
Biofertilizers Market By Crop type:
Biofertilizers Market By Form:
Biofertilizers Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
