Estimation for Biofertilizers Market for 2032 is USD 6.34 Billion; Products Available in Subsidies at Affordable Rates for Farmers Driving Market Growth

The global biofertilizers market size stood at USD 2.53 billion in 2024. The market is predicted to rise from USD 2.81 billion in 2025 to USD 6.34 billion by 2032 at a CAGR of 12.31% from 2025 to 2032. Fortune Business Insights™ presents this information in its report titled, “Biofertilizers Market Size, Share & Industry Analysis, By Type (Nitrogen Fixing, Phosphate Solubilizers, and Others), By Microorganism (Rhizobium, Azotobacter, Azospirillum, Pseudomonas, Bacillus, VAM, and Others), By Form (Liquid, Powder/Dry, Carrier Based and Encapsulated/Gel based), By Application (Seed Treatment, Soil Treatment, and Others), By Crop Type (Cereals, Pulses & Oilseeds (Pulses, Oilseeds), Fruits & Vegetables (Fruits, Vegetables), Fiber Crops, Turfs and Ornamentals and Others), and Regional Forecast, 2025-2032”

Living microbes which amplify plant nutrition by colonizing the rhizosphere when applied through seed or soil are called biofertilizers or bioinoculants. The fertilizers work in a way that hastens the microbial processes inside the soil, further intensifying the availability of nutrients in a form easily absorbed by plants. Thus, the key players are dedicated to adopting such sustainable practices in order to transform the agriculture sectors across the globe, driving the growth of the biofertilizers market. The ultimate goal is to make these products available in subsidies at an affordable cost for the farmers.

Supercrop Safe Ltd. Launched Revolutionary Biofertilizer Fueling Market Growth

In January 2025, a full range launch of biofertilizer products was carried out by Supercrop Safe Limited across several states of India including Haryana, Gujarat, Punjab, Rajasthan, Kerala, and other key states. Super Gold WP+, a revolutionary biofertilizer, was introduced by the company in order to reduce the use of chemical fertilizers such as DAP and urea. This will further enhance crop yields and result in biofertilizers market growth. Such an innovative step taken by the company to develop its advanced Bio-Technology division will help in promoting root growth and nutrient absorption.

Biofertilizers Used for Eco-friendly Farming Practices Boosts Market Demand

Biofertilizers are used for several reasons and one of them is in the production of high-quality crops such as horticulture crops. The soil fertility is hugely impacted by widespread use of chemical fertilizers and extensive cultivation practices. However, this creates an urgent need to switch toward non-chemical alternatives for crop production such as biofertilizers. The crop yield and maintenance can be improved by using these products in combination with other products. Other factors that support the rising demand for biofertilizers is wide adoption of eco-friendly farming practices.

However, a significant challenge of the market is due to storage and maintenance of microorganisms used in the final products as the survival rate is low.

Companies Launch Innovative Solutions to Help Farmers Produce Organic High-Quality Products

The product’s future growth potential has lifted the competitive landscape of the biofertilizer market. Thus, the key players are dedicated to innovating and launching new products to keep up with the market’s rapid pace. Such players also aim to meet the demand of the farmers while forming solutions in order to increase nutrient use efficiency and crop resilience. Several strategies have been adopted by different large to small companies. Such strategies include collaboration with government, research & development, and merger & acquisition, among others. Companies with innovative solutions function in developing environmentally friendly agricultural inputs in order to help farmers to produce high-quality and organic products.

List of the Companies Profiled in the Report

• Bayer AG (Germany)
• Syngenta AG (Switzerland)
• UPL Limited (India)
• Gowan Group (U.S.)
• BASF SE (Germany)
• Marrone Bio Innovations (U.S.)
• SEIPASA S.A. (Spain)
• I. Industries (India)
• Novozymes A/S (Denmark)
• Koppert Biological Systems (Netherlands)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/biofertilizers-market-100413

Notable Industry Development

• September 2025: A long-term partnership was entered into by two major players in the market, ICL and BioPrime. This agreement was an aim to commercialize biofertilizers solution in the Indian market. Through this partnership, ICL would be able to use the NioNeus platform of BioPrime in order to launch microbial biofertilizers for the market at a large scale.

Further Report Findings

• Based on regional analysis, North America dominated the biofertilizers market share in 2023 and also led the market in 2024. Countries such as the U.S. are estimated to hold a higher share in the market leading to its growth.
• Europe is projected to show the second-highest growth rate in the market. This growth is a result of the region’s advanced research capabilities further leading to high demand of these enzymes.
• Based on type, the nitrogen fixing fertilizers segment led the market. The growth is due to the segment’s nutrient quality which cannot be acquired from the air. This fertilizer is widely used by farmers to produce high-demand crops such as wheat, oilseeds, rice, and others.
• On the basis of application, the seed treatment segment held the highest share in the market owing to its wide utilization in administering these fertilizers. In order to prevent bacterial or viral attacks, crops are subject to biological fertilizer treatment to enhance crop yield.

Table of Segmentation