Leading Biofertilizers Application Markets Databank
The Biofertilizers market was valued at $1,059.6 Million in 2020, and is projected to reach $2,774.3 Million by 2029 growing at a CAGR of 11.35% from 2021 to 2029. Seed Treatment segment is expected to be the highest contributor to this market, with $797.2 Million in 2020, and is anticipated to reach $1,969.3 Million by 2029, registering a CAGR of 10.63%. Soil Treatment segment is anticipated to reach $805.1 Million by 2029 with the highest CAGR of 13.31%. Soil Treatment and Seed Treatment segments are expected to witness significant growth rates at a CAGR of 13.31% and 10.63% respectively, during the forecast period.
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