Report Details:
15 Companies Covered
200 Pages
Market Research Future (MRFR) has published a cooked research report on the “Global Biofertilizers Market” that contains information from 2019 to 2035.
The Global Biofertilizers Market is estimated to register a CAGR of 10.55% during the forecast period of 2025 to 2035.
Biofertilizers Market Highlights
The Global Biofertilizers Market is projected to grow significantly, reaching USD 6.75 billion by 2035, up from USD 2.24 billion in 2024. This rapid expansion is attributed to the increasing shift towards sustainable agriculture and the growing awareness of the environmental impacts of chemical fertilizers. Farmers are increasingly adopting biofertilizers due to their ability to enhance soil fertility, increase crop yield, and promote eco-friendly farming practices.
Governmental support for organic and sustainable farming, coupled with the rising demand for organic produce, is fostering market growth. Innovative biofertilizer technologies such as microbial formulations and plant growth-promoting rhizobacteria are emerging as key trends, improving the efficiency and effectiveness of biofertilizers. Moreover, the integration of biofertilizers with precision agriculture techniques is creating new opportunities for market players to enhance productivity while maintaining soil health.
Segment Analysis
The Global Biofertilizers Market has been segmented based on Type, Crop Type, Form, Application, Microorganism Type, and Region.
Based on Type, the market is categorized into nitrogen-fixing, phosphate-solubilizing, and Others. The Nitrogen Fixing segment dominated the market in 2024 with a valuation of USD 0.9 billion and is projected to reach USD 2.7 billion by 2035, driven by its role in improving soil fertility and reducing dependency on chemical fertilizers.
By Crop Type, the market includes Cereals & Grains, Pulses & Oilseeds, and Fruits & Vegetables. Cereals & Grains hold the major share due to their essential contribution to food security and widespread biofertilizer use.
Based on Form, the market is divided into Dry and Liquid. The Dry biofertilizers segment holds a larger market share due to its longer shelf life and ease of storage, whereas the Liquid segment is expected to gain momentum for its quick absorption and suitability for modern farming methods such as fertigation.
Based on the Application, the market includes Leaf Treatment, Root Immersion, and Plant Rooting. Leaf Treatment has gained significant traction for enhancing nutrient absorption and improving crop yields.
Based on Microorganism Type, the market includes Rhizobium, Azotobacter, Azospirillum, Pseudomonas, Bacillus, and Vesicular-Arbuscular Mycorrhizae (VAM). Rhizobium and Azotobacter are the most commonly used microorganisms, owing to their proven efficiency in nitrogen fixation and soil enhancement.
Region Analysis
By Region, the Global Biofertilizers Market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
Asia-Pacific is expected to dominate the global market, accounting for the largest market share by 2035, driven by increasing adoption of sustainable farming techniques in countries such as India, China, and Thailand. North America follows closely due to strong government support for eco-friendly agricultural practices and the availability of advanced biofertilizer technologies. Europe is also expected to witness significant growth owing to stringent environmental regulations and the promotion of organic farming practices.
Key Players and Competitive Insights
The Global Biofertilizers Market features strong competition among established companies and emerging innovators. Major players include Kraft Chemical Company, AgBiome, Agroforestry Research, Valagro, Biolchim, Biotech Products, Syngenta, Arabian Agricultural Services, Raviplast, Novozymes, BioWorks, BASF, Ginkgo BioWorks, Lallemand, and Nutrifield.
These companies are heavily investing in R&D, strategic collaborations, and product innovation to enhance efficiency and expand their global reach. Advancements in microbial technology and partnerships between research institutions and agricultural firms are fostering innovation and boosting market competitiveness.
Key Findings of the Study
• The Global Biofertilizers Market is expected to reach USD 6.75 billion by 2035, at a CAGR of 10.55% during the forecast period.
• Asia-Pacific is projected to be the fastest-growing regional market.
• Based on Type, the nitrogen-fixing segment held the largest market share in 2024.
• Based on Form, the Dry biofertilizers segment was attributed to the largest market share in 2024.
• Kraft Chemical Company, AgBiome, Valagro, Novozymes, and BASF are identified as key market players driving innovation and sustainability in the global market.
Related Reports
https://www.marketresearchfuture.com/reports/bio-fertilizers-market-1386