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The global biofertilizers market size was valued at USD 2.53 billion in 2024. The market is projected to grow from USD 2.81 billion in 2025 to USD 6.34 billion by 2032, exhibiting a CAGR of 12.31% during the forecast period. Asia Pacific dominated the biofertilizers market with a market share of 30.83% in 2024.
Biofertilizers, also known as bioinoculants, are defined as living microbes that amplify plant nutrition by colonizing the rhizosphere when applied via soil or seed. Microorganisms such as cyanobacteria, nitrogen-fixing soil bacteria, phosphate-solubilizing bacteria, and molds are majorly utilized in the production of biological fertilizers. These compounds hasten the microbial processes within the soil, intensifying the availability of nutrients in a form easily absorbed by plants. In addition, they enhance crop yield and soil fertility and preserve the plants against diseases and pests. The adoption of such sustainable practices is helpful in transforming the agricultural sectors across the world.
Furthermore, the market encompasses several major players which include Novozymes A/s, Lallemand Inc., and BioWorks Inc., among others. Innovative product launch, and geographic presence expansion have supported the growth of these companies in the global market. Several countries have introduced subsidies to make such products affordable for the farmers which further contribute to the biofertilizers market growth.
Expansion in Production of Horticulture Crops and Cereal Crops to Support Biological Products Growth
Biofertilizers can be used for the production of high-value crops such as horticulture crops. The use of intensive cultivation practices and the widespread use of chemical fertilizers have impacted soil fertility. Thus, creating an urgent need to adopt non-chemical alternatives, such as biofertilizers, for crop production. The use of these products helps to improve soil fertility and increase microbial content by replenishing the population of microorganisms in agricultural soils. Thus, using such products in combination with other products can improve crop yields and maintain soil health. Adoption of eco-friendly farming practices is another crucial factor which is supporting the increasing demand for biofertilizers.
Limited Shelf Life of Natural Fertilizers Impacts Efficacy of Such Products
One of the major manufacturing challenges faced by biofertilizer manufacturers is the storage and maintenance of microorganisms used in the final products. The survival rate of these microorganisms impacts the efficacy of biological fertilizers; hence, proper storage of such microorganisms is required. For instance, biological fertilizer packets should ideally be stored in a cool and dry place, away from heat and sunlight. Thus, strong technical knowledge and an advanced logistics system are required to improve and maintain the efficacy of such products.
Increase in Area Under Organic Cultivation to Create Opportunity for Market Expansion
Organic food cultivation significantly over the past few years globally. The major factors contributing to the growth in areas under organic cultivation include an increase in demand for healthier and sustainable food products, growing consumer awareness about environmental sustainability, and risk association with the consumption of chemicals and pesticides. People prefer organic food products which support health benefits and environmental sustainability. Agricultural biologicals can be easily applied to crops and adopted in diverse farming practices. As agricultural biologicals such as biopesticides, bio stimulants, and biofertilizers support organic cultivation, the demand for such products is expected to increase. Increasing adoption of such agricultural practices is driving the demand for such products across different countries.
Government Push for Scientifically Validated Products Is One Of The Significant Market Trends
Farmers have significant doubts about the efficacy of biofertilizers. They have raised complaints with the government regarding the limited efficacy and low yield from using such products. Some of the products sold in developing economies, such as India, are mislabeled or unverified and have poor efficacy; hence, the government has adopted stringent measures and directed countries to publish scientific studies that prove the efficacy of such products.
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Nitrogen Fixing Fertilizers to be Sought-after Owing to Ability to Generate Higher Yield
On the basis of type, the market is divided into phosphate solubilizers and nitrogen fixing.
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The nitrogen fixing fertilizers segment emerged as the leading segment as it provides all the important nutrients which cannot be acquired from the air. Farmers have widely used nitrogen-fixing phosphate solubilizing biological fertilizers to produce high-demand crops such as wheat, rice, oilseeds, and others. Biological fertilizers containing nitrogen can correct the nitrogen level in the soil, aiding in the growth of the crop. Nitrogen bio-fertilizers are broadly classified into free-living, symbiotic, and associative symbiotic.
Rhizobium Dominates Segment Owing to High Efficacy in Crop Production
In terms of microorganism, the market is divided into rhizobium, azotobacter, azospirillum, pseudomonas, bacillus, VAM, and others.
Rhizobium is the leading variant of microorganism used in agriculture due to its enormous importance in providing the major nitrogen source in soil. In 2025, the segment is anticipated to dominate with 69.75% share.
Apart from being an excellent nitrogen-fixing agent, rhizobium exerts plant growth-promoting traits and supports the insolubilization of inorganic phosphate. Furthermore, its rising demand is mainly due to its ability to ensure success in achieving crop productivity and reducing the need for synthetic fertilizers that are expensive and harmful to the environment.
The azotobacter segment is expected to grow at a CAGR of 11.90% over the forecast period.
Foliar Treatment Segment Holds Major Share Due to High Effectiveness
On the basis of application, the market is divided into seed treatment and soil treatment.
The seed treatment segment held the highest biofertilizers market share due to wide utilization in administering these fertilizers. Crop and plant seeds are subjected to biological fertilizer treatment to avoid viral or bacterial attacks, significantly reducing crop yield. Further, biological fertilizers applied to the seeds promote atmospheric nitrogen fixation and make them readily available for the crop. By application, the seed treatment segment held the share of 58.85% in 2024.
The segment of application is set to flourish with a growth rate of 12.70% growth across the forecast period. Soil fertilizers help to enhance soil fertility and boost the crop yields through supplying essential nutrients directly into the soil.
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Cereals Segment to Lead Owing to High Demand for Organic Cereals
In terms of crop type, the market is divided into cereals, pulses & oilseeds, fruits & vegetables, fiber crops, turf and ornamentals, and others.
At present, the application of organic fertilizers in the production of cereal grains is high compared to other crop types. The cereal segment is anticipated to retain its dominant position throughout the forecast period. Cereal grains are widely consumed across the world. The high demand for organic cereals in both developed as well as developing economies due to the potential health benefits offered is boosting the industry growth of organic cereals. In numerous experiments and field trials, the application of biological fertilizers on cereal crops has significantly increased their yields by nearly 60%-85%. Furthermore, the segment is set to hold 44.49% share in 2025.
In addition, cereals are projected to grow at a CAGR of 12.59% during the study period.
Dry Segment to Emerge as Dominant Due to High Efficacy
Based on form, the market is segmented into liquid, powder/dry, carrier based, and encapsulated/gel based.
The dry segment is expected to retain its dominance during the forecast period in the global market. This is attributed to the easier applicability and high effectiveness on the products. Such form of products represents the most widely used type cultivated globally. Furthermore, the segment is set to hold 53.98% share in 2025.
In addition, liquid form is projected to grow at a CAGR of 12.85% during the study period.
By region, the market is categorized into Europe, North America, Asia Pacific, South America, and the Middle East & Africa.
North America Biofertilizers Market Size, 2024 (USD Billion) To get more information on the regional analysis of this market, Download Free sample
North America held the dominant share in 2023 valuing at USD 0.70 billion and also took the leading share in 2024 with USD 0.78 billion. The exceptional growth of the region’s market is a clear indication of the product’s popularity across the agri department and among stakeholders. Other major factors contributing to the biofertilizer’s market are the soaring demand and production of organic products. In 2025, the U.S. market is estimated to reach USD 0.58 billion.
Other regions such as Europe and Asia Pacific are anticipated to witness a notable growth in the coming years. Europe held the dominant share in 2023 valuing at USD 0.50 billion and also took the leading share in 2024 with USD 0.55 billion. Growing stringency on the use of chemical fertilizers, coupled with surging awareness related to harmful hazards associated with synthetic fertilizers, has led to the increased usage of biological fertilizers. The most common biological fertilizers utilized in the European market are Rhizosum PK, Rhizosum K, Cedomon, and Cerall. During the forecast period, the European region is projected to record a growth rate of 11.89%, which is the second highest amongst all the regions and touch the valuation of USD 0.62 billion in 2025. This is primarily due to the advancing research capabilities in these regions leading to high demand for these enzymes.
Backed by these factors, countries including Spain anticipate to record the valuation of USD 0.10 billion, Germany to record USD 0.06 billion, and Italy to record USD 0.08 billion in 2025.
After Europe, the market in Asia Pacific is estimated to reach USD 0.56 billion in 2025 and secure the position of third-largest region in the market. The region is a key market for agricultural products due to high population and strong demand for food products. In this region, India and China both are estimated to reach USD 0.12 billion and USD 0.29 billion each in 2025.
Over the forecast period, South America and Middle East & Africa regions would witness a moderate growth in this marketspace. The South America market in 2025 is set to record USD 0.53 billion as its valuation. However, poor logistics and a lack of farmer’s knowledge are key factors responsible for the slow growth of the region. In Middle East & Africa, South Africa is set to attain the value of USD 0.06 billion in 2025.
Wide Range of Product Offerings and Strong Distribution Network of Key Companies Supported their Leading Position
Market players have realized the product's future growth potential. They are continuously trying to innovate and launch products in the market in order to meet the farmers' demand for solutions to increase crop resilience and nutrient use efficiency.
For instance, in November 2023, Yara International ASA, announced the launch of YaraAmplix, a new brand of products. The new portfolio contains natural ingredients, such as seaweed and plant extracts, which deliver targeted effects, such as improved nutrient use efficiency, crop yield, and enhanced tolerance to abiotic stress and quality.
Many other large and small market players are embarking on strategies, such as merger and acquisition, research & development, collaboration with the government, and others to establish their prominence in the market. Innovative companies are focusing on developing environmentally friendly agricultural inputs to help farmers produce high-quality organic products.
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ATTRIBUTE |
DETAILS |
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Study Period |
2019-2032 |
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Base Year |
2024 |
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Estimated Year |
2025 |
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Forecast Period |
2025-2032 |
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Historical Period |
2019-2023 |
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Growth Rate |
CAGR of 12.31% from 2025-2032 |
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Unit |
Value (USD Billion) |
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Segmentation |
By Type · Nitrogen Fixing · Phosphate Solubilizers · Others |
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By Microorganism · Rhizobium · Azotobacter · Azospirillum · Pseudomonas · Bacillus · VAM · Others |
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By Application · Seed Treatment · Soil Treatments · Others |
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By Form · Liquid · Powder/Dry · Carrier Based · Encapsulated/Gel based |
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By Crop Type Cereals · Pulses & Oilseeds o Pulses o Oilseeds · Fruits & Vegetables o Fruits o Vegetables · Fiber Crops · Turf & Ornamentals · Others |
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By Region · North America (By Type, Microorganism, Application, Form, Crop Type, and Country) o U.S. (By Application) o Canada (By Application) o Mexico (By Application) · Europe (By Type, Microorganism, Application, Form, Crop Type, and Country/Sub-region) o Germany (By Application) o U.K. (By Application) o France (By Application) o Spain (By Application) o Italy (By Application) o Russia (By Application) o Rest of Europe (By Application) · Asia Pacific (By Type, Microorganism, Application, Form, Crop Type, and Country/Sub-region) o China (By Application) o Japan (By Application) o India (By Application) o Australia (By Application) o Rest of Asia Pacific (By Application) · South America (By Type, Microorganism, Application, Form, Crop Type, and Country/Sub-region) o Brazil (By Application) o Argentina (By Application) o Rest of Latin America (By Application) · Middle East & Africa (By Type, Microorganism, Application, Form, Crop Type, and Country/Sub-region) o Israel (By Application) o South Africa (By Application) · Rest of the Middle East & Africa (By Application) |
Fortune Business Insights says that the global market value stood at USD 2.53 billion in 2024 and is projected to reach USD 6.33 billion by 2032.
In 2024, the market value stood at USD 0.78 billion.
The market is expected to exhibit a CAGR of 12.31% during the forecast period.
The nitrogen fixing segment is expected to be the leading segment based on type during the forecast period.
The expansion in the production of horticulture crops and cereal crops supports market growth.
Novozymes A/s, Lallemand Inc., and BioWorks Inc., among others are some of the prominent key players in the market.
North America dominated the market in 2024.
Proliferating demand for sustainable crop production inputs to support market growth is the current trend.
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