Global Biofertilizers Market- Trend Analysis & Forecasts
Description
Global Biofertilizers Market Overview:
The global biofertilizers market reached a valuation of US$ 2.49 billion in 2024 and is projected to grow at a CAGR of 11.4% to reach US$ ** billion by 2032. Driven by the global push for sustainable agriculture, biofertilizers are increasingly replacing synthetic fertilizers, with over 130 countries adopting supportive agri-environmental policies. Asia-Pacific dominates the consumption share at around **% in 2023, while Europe and Latin America are seeing rising demand due to organic farming trends. Government subsidies, such as India's 2023 allocation of US$ 500 million to promote organic inputs, are significantly boosting adoption. The market is also responding to rising concerns over soil health degradation, with 52% of global arable land considered moderately to severely degraded.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the global biofertilizers market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
A key driver is the increasing global demand for organic food, which rose by 9.6% YoY in 2023, pushing farmers to adopt biofertilizers. Another factor is the mounting regulatory pressure to reduce greenhouse gas emissions, with over 70 countries committing to net-zero targets that include changes in agricultural inputs. Scientific innovations, including carrier-based and nano-formulated biofertilizers, are improving efficacy, leading to wider usage across diverse crops. Countries like Brazil reported a 14% increase in soybean yields using microbial biofertilizers. Additionally, the biofertilizer application area grew by over 18% globally in 2023, driven by escalating fertilizer costs and environmental awareness among smallholder farmers.
Market Restraints & Challenges
Despite rapid growth, the market faces adoption hurdles. One major barrier is the inconsistent performance of biofertilizers due to climatic variability—up to 40% efficacy drop was recorded in drought-hit regions in Sub-Saharan Africa. Limited farmer awareness continues to restrict usage in regions like Central Asia and Sub-Saharan Africa, where adoption rates remain below 10%. Infrastructure gaps in cold chain logistics affect the shelf life and viability of microbial strains, especially in tropical countries. Regulatory fragmentation further delays market entry; for instance, Africa still lacks unified standards for biofertilizer certification, impeding cross-border trade and investment.
Market Segmentation
Nitrogen-fixing biofertilizers dominate the market, accounting for over **% of total volume in 2023, driven by crops like legumes, cereals, and oilseeds. Phosphate-solubilizing and potassium-mobilizing segments are also expanding, particularly in nutrient-deficient soils of South Asia and parts of Latin America. Based on crop type, cereals and grains lead with over **% market share, followed by fruits & vegetables and pulses. The liquid biofertilizer form is gaining preference due to its extended shelf life and ease of application, representing about **% of the global market by volume. On-farm application remains the primary usage segment, with more than **% of products applied directly at the root zone.
Competitive Landscape
The global biofertilizers market is moderately fragmented, with over 200 active manufacturers globally. Leading players like Novozymes, Symborg, UPL, and Lallemand hold a combined market share of around **% in 2023. Companies are investing heavily in R&D, with global spending crossing US$ ** million in 2023, to improve strain efficacy and compatibility across soil types. Collaborations between biotech firms and agri-input distributors are becoming common; for example, Corteva and Lavie Bio partnered in 2023 to co-develop bio-based nitrogen enhancers. Expansion in high-potential markets like India and Brazil is intensifying competition, supported by favorable trade agreements and local production incentives.
Outlook
The biofertilizers market is set for robust expansion, projected to add US$ ** billion in value by 2032. Increasing global food demand, coupled with environmental regulations and escalating chemical fertilizer prices, will propel adoption. Digital agtech platforms and farmer outreach programs are expected to close knowledge gaps, especially in Africa and Southeast Asia. Innovations in multi-strain and climate-resilient biofertilizer formulations will further accelerate global penetration.
Scope of the Report:
• Historical Years: 2018-2023
• Base Year: 2024
• Forecast Period: 2025-2032
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Type (Nitrogen-fixing, Phosphate solubilizing & mobilizing, Potassium solubilizing & mobilizing, and Others)
By Microorganism (Rhizobium, Azotobacter, Azospirillum, Pseudomonas, Bacillus, VAM, and Others)
By Mode of Application (Soil Application, Foliar Application, Seed Treatment, and Others)
By Form (Liquid and Carrier-based)
By Crop Category (Cereals, Pulses & Oilseeds, Fruits & Oilseeds, and Others)
By Region (North America, Europe, Asia Pacific, South America and ME&A)
• Geographies Covered:
North America (USA, Canada, and Mexico
Europe (Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
Asia Pacific (China, India, Japan, Australia, South Korea, Vietnam, and Rest of Asia Pacific)
South America (Brazil, Argentina, Chile, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, South Africa, Israel, and Rest of ME&A)
• Companies Profiled: The market players include, Syngenta AG, Rizobacter Argentina S.A., Lallemand Inc., Symborg, UPL Limited, Novozymes A/S, Chr. Hansen Holding A/S, Bioceres Crop Solutions, CBF China Biofertilizer Co. Ltd., Gujarat State Fertilizers & Chemicals Ltd., Agrinos, IPL Biologicals Ltd., Seipasa, Som Phytopharma India Ltd., Sumitomo Chemicals, Symborg, T. Stanes & Company Limited, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
The global biofertilizers market reached a valuation of US$ 2.49 billion in 2024 and is projected to grow at a CAGR of 11.4% to reach US$ ** billion by 2032. Driven by the global push for sustainable agriculture, biofertilizers are increasingly replacing synthetic fertilizers, with over 130 countries adopting supportive agri-environmental policies. Asia-Pacific dominates the consumption share at around **% in 2023, while Europe and Latin America are seeing rising demand due to organic farming trends. Government subsidies, such as India's 2023 allocation of US$ 500 million to promote organic inputs, are significantly boosting adoption. The market is also responding to rising concerns over soil health degradation, with 52% of global arable land considered moderately to severely degraded.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the global biofertilizers market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
A key driver is the increasing global demand for organic food, which rose by 9.6% YoY in 2023, pushing farmers to adopt biofertilizers. Another factor is the mounting regulatory pressure to reduce greenhouse gas emissions, with over 70 countries committing to net-zero targets that include changes in agricultural inputs. Scientific innovations, including carrier-based and nano-formulated biofertilizers, are improving efficacy, leading to wider usage across diverse crops. Countries like Brazil reported a 14% increase in soybean yields using microbial biofertilizers. Additionally, the biofertilizer application area grew by over 18% globally in 2023, driven by escalating fertilizer costs and environmental awareness among smallholder farmers.
Market Restraints & Challenges
Despite rapid growth, the market faces adoption hurdles. One major barrier is the inconsistent performance of biofertilizers due to climatic variability—up to 40% efficacy drop was recorded in drought-hit regions in Sub-Saharan Africa. Limited farmer awareness continues to restrict usage in regions like Central Asia and Sub-Saharan Africa, where adoption rates remain below 10%. Infrastructure gaps in cold chain logistics affect the shelf life and viability of microbial strains, especially in tropical countries. Regulatory fragmentation further delays market entry; for instance, Africa still lacks unified standards for biofertilizer certification, impeding cross-border trade and investment.
Market Segmentation
Nitrogen-fixing biofertilizers dominate the market, accounting for over **% of total volume in 2023, driven by crops like legumes, cereals, and oilseeds. Phosphate-solubilizing and potassium-mobilizing segments are also expanding, particularly in nutrient-deficient soils of South Asia and parts of Latin America. Based on crop type, cereals and grains lead with over **% market share, followed by fruits & vegetables and pulses. The liquid biofertilizer form is gaining preference due to its extended shelf life and ease of application, representing about **% of the global market by volume. On-farm application remains the primary usage segment, with more than **% of products applied directly at the root zone.
Competitive Landscape
The global biofertilizers market is moderately fragmented, with over 200 active manufacturers globally. Leading players like Novozymes, Symborg, UPL, and Lallemand hold a combined market share of around **% in 2023. Companies are investing heavily in R&D, with global spending crossing US$ ** million in 2023, to improve strain efficacy and compatibility across soil types. Collaborations between biotech firms and agri-input distributors are becoming common; for example, Corteva and Lavie Bio partnered in 2023 to co-develop bio-based nitrogen enhancers. Expansion in high-potential markets like India and Brazil is intensifying competition, supported by favorable trade agreements and local production incentives.
Outlook
The biofertilizers market is set for robust expansion, projected to add US$ ** billion in value by 2032. Increasing global food demand, coupled with environmental regulations and escalating chemical fertilizer prices, will propel adoption. Digital agtech platforms and farmer outreach programs are expected to close knowledge gaps, especially in Africa and Southeast Asia. Innovations in multi-strain and climate-resilient biofertilizer formulations will further accelerate global penetration.
Scope of the Report:
• Historical Years: 2018-2023
• Base Year: 2024
• Forecast Period: 2025-2032
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Type (Nitrogen-fixing, Phosphate solubilizing & mobilizing, Potassium solubilizing & mobilizing, and Others)
By Microorganism (Rhizobium, Azotobacter, Azospirillum, Pseudomonas, Bacillus, VAM, and Others)
By Mode of Application (Soil Application, Foliar Application, Seed Treatment, and Others)
By Form (Liquid and Carrier-based)
By Crop Category (Cereals, Pulses & Oilseeds, Fruits & Oilseeds, and Others)
By Region (North America, Europe, Asia Pacific, South America and ME&A)
• Geographies Covered:
North America (USA, Canada, and Mexico
Europe (Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
Asia Pacific (China, India, Japan, Australia, South Korea, Vietnam, and Rest of Asia Pacific)
South America (Brazil, Argentina, Chile, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, South Africa, Israel, and Rest of ME&A)
• Companies Profiled: The market players include, Syngenta AG, Rizobacter Argentina S.A., Lallemand Inc., Symborg, UPL Limited, Novozymes A/S, Chr. Hansen Holding A/S, Bioceres Crop Solutions, CBF China Biofertilizer Co. Ltd., Gujarat State Fertilizers & Chemicals Ltd., Agrinos, IPL Biologicals Ltd., Seipasa, Som Phytopharma India Ltd., Sumitomo Chemicals, Symborg, T. Stanes & Company Limited, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
Table of Contents
185 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1. Objectives & Scope of the Study
- 2.2. Definitions & Economic Importance
- 2.3. Research Methodology
- 2.4. Factors and Decision Matrix Analysis
- 2.5. Limitations & Challenges
- 3. Product/ Market Overview
- 3.1. Production Process, Raw Materials, Standard Forms, and Packaging
- 3.2. Application Areas & Benefits
- 3.3. Regulatory Analysis
- 4. India: Country Profile
- 5. India Biofertilizers Market Growth Factors Analysis
- 5.1. Drivers and Restraints Analysis
- 5.2. Challenges and Opportunities Analysis
- 5.3. India Biofertilizers Industry SWOT Analysis
- 5.4. India Biofertilizers PESTEL Analysis
- 5.5. India Biofertilizers Market Porter's Five Forces analysis
- 6. India Biofertilizers Market: Supply-Demand Analysis
- 6.1. Biofertilizers Production Trend
- 6.2. Biofertilizers Demand Trend
- 6.3. Biofertilizers Supply Chain Analysis
- 6.4. Biofertilizers Product Variants
- 7. Biofertilizers Market: Segments Analysis
- 7.1. Biofertilizers Market, by Type
- 7.1.1. Nitrogen-fixing Biofertilizers
- 7.1.2. Phosphate solubilizing & mobilizing Biofertilizers
- 7.1.3. Potassium solubilizing & mobilizing Biofertilizers
- 7.1.4. Others
- 7.2. Biofertilizers Market, by Microorganism
- 7.2.1. Rhizobium
- 7.2.2. Azotobacter
- 7.2.3. Azospirillum
- 7.2.4. Pseudomonas
- 7.2.5. Bacillus
- 7.2.6. VAM
- 7.2.7. Others
- 7.3. Biofertilizers Market, by Mode of Application
- 7.3.1. Soil Application
- 7.3.2. Seed treatment
- 7.3.3. Foliar Application
- 7.3.4. Others
- 7.4. Biofertilizers Market, by Form
- 7.4.1. Liquid
- 7.4.2. Carrier-based
- 7.5. Biofertilizers Market, Crop Type
- 7.5.1. Cereals
- 7.5.2. Pulses & Oilseeds
- 7.5.3. Fruits & Vegetables
- 7.5.4. Others
- 8. Biofertilizers Market: Trade (Export & Import) Analysis
- 8.1. Biofertilizers Export Trend Analysis
- 8.2. Biofertilizers Import Trend Analysis
- 9. Biofertilizers Market: Price Trend Analysis
- 9.1. Domestic Price Trend
- 9.2. Export Price Trend
- 9.3. Price Events Analysis
- 10. Competitive Analysis
- 10.1. Biofertilizers Market Mapping
- 10.1.1. List of Key Countries Importing Biofertilizers to India
- 10.1.2. List of Key Companies Exporting & Importing Biofertilizers from/to India
- 10.2. Company Profiles
- 10.2.1. Gujarat State Fertilizers & Chemicals Ltd.
- 10.2.2. National Fertilizers Limited
- 10.2.3. IPL Biologicals Limited
- 10.2.4. Madras Fertilizers Limited
- 10.2.5. T. Stanes and Company Limited
- 10.2.6. Indian Farmers Fertiliser Cooperative Limited
- 10.2.7. Rashtriya Chemicals & Fertilizers Ltd.
- 10.2.8. SOM Phytopharma (India) Limited
- 10.2.9. Kan Biosys Pvt Ltd
- 10.2.10. Biomax Naturals
- 10.2.11. UPL Limited
- 10.2.12. Criyagen Agri & Biotech Pvt Ltd
- 10.2.13. Valagro India Pvt Ltd
- 10.2.14. Symborg India
- 10.2.15. Novozymes South Asia Pvt Ltd
- 10.2.16. Biomax Green Technology
- 11. Conclusion
- 12. Appendix
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