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North America Biofertilizer Market Report by Type, Crop, Microorganism, Mode of Application, and Country 2024-2032

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    Report

  • 123 Pages
  • April 2024
  • Region: North America
  • IMARC Group
  • ID: 5682387
Description Jump to:
The North America biofertilizer market size reached US$ 952.7 Million in 2023. Looking forward, the market is projected to reach US$ 2.59 billion by 2032, exhibiting a growth rate (CAGR) of 11.79% during 2023-2032.

Biofertilizer stands for an organic substance containing living microorganisms which facilitates growth and strength of plant. It is applicable to seeds, plant surfaces, soil or plant’s interior, supplying essential primary nutrients for the plant. Biofertilizer helps in nitrogen fixation, stimulates plant growth, solubilizes phosphorus for plant and enhances soil fertility. Being an eco-friendly substance, it helps in reducing the usage of chemical fertilizers and pesticides. Rhizobium, Azetobacter, Azospirillum and blue green algae belonging to Nostoc, Anabaena, Tolypothrix and Aulosira genera are some of the commonly used biofertilizers.

North America hosts the largest biofertilizer market in the world. Increasing demand for organic food in the region has boosted demand for biofertilizers. Also, expanding land area for organic farming, easy availability of the product, suitable economical value and new innovations have profited the biofertilizer market. Rising awareness towards the several health and environmental benefits of biofertilizers will fuel the market in the upcoming years.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the North America biofertilizer market report, along with forecasts at the regional and country level from 2024-2032. The report has categorized the market based on type, crop, microorganism and mode of application.

Key Regions Analysed

  • United States
  • Canada
  • Mexico

Market by Type

  • Nitrogen-Fixing Biofertilizers
  • Phosphate-Fixing Biofertilizers
  • Others

Market by Crop

  • Cereals and Grains
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Others

Market by Microorganism

  • Cyanobacter
  • Rhizobium
  • Phosphate Solubilizing Bacteria
  • Azotobacter
  • Others

Market by Mode of Application

  • Seed Treatment
  • Soil Treatment
  • Others

Industry Insights

  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
  • Competitive Structure
  • Key Player Profiles

Key Questions Answered in This Report

  • How has the North America biofertilizer market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America biofertilizer market?
  • What has been the impact of COVID-19 on the North America biofertilizer market?
  • What is the breakup of the North America biofertilizer market on the basis of type?
  • What is the breakup of the North America biofertilizer market on the basis of crop?
  • What is the breakup of the North America biofertilizer market on the basis of microorganism?
  • What is the breakup of the North America biofertilizer market on the basis of mode of application?
  • What are the various stages in the value chain of the North America biofertilizer industry?
  • What are the key driving factors and challenges in the North America biofertilizer industry?
  • What is the structure of the North America biofertilizer industry and who are the key players?
  • What is the degree of competition in the North America biofertilizer industry?
  • What are the profit margins in the North America biofertilizer industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Biofertilizer Market
5.1 Market Performance
5.2 Market Breakup by Type
5.3 Market Breakup by Crop
5.4 Market Breakup by Microorganism
5.5 Market Breakup by Mode of Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 North America Biofertilizer Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Biofertilizer Market: Breakup by Type
7.1 Nitrogen-Fixing Biofertilizers
7.2 Phosphate-Fixing Biofertilizers
7.3 Others
8 North America Biofertilizer Market: Breakup by Crop
8.1 Cereals and Grains
8.2 Pulses and Oilseeds
8.3 Fruits and Vegetables
8.4 Others
9 North America Biofertilizer Market: Breakup by Microorganism
9.1 Cyanobacter
9.2 Rhizobium
9.3 Phosphate Solubilizing Bacteria
9.4 Azotobacter
9.5 Others
10 North America Biofertilizer Market: Breakup by Mode of Application
10.1 Seed Treatment
10.2 Soil Treatment
10.3 Others
11 North America Biofertilizer Market: Breakup by Country
11.1 United States
11.1.1 Historical Market Trends
11.1.2 Market Breakup by Type
11.1.3 Market Breakup by Crop
11.1.4 Market Breakup by Microorganism
11.1.5 Market Breakup by Mode of Application
11.1.6 Market Forecast
11.2 Canada
11.2.1 Historical Market Trends
11.2.2 Market Breakup by Type
11.2.3 Market Breakup by Crop
11.2.4 Market Breakup by Microorganism
11.2.5 Market Breakup by Mode of Application
11.2.6 Market Forecast
11.3 Mexico
11.3.1 Historical Market Trends
11.3.2 Market Breakup by Type
11.3.3 Market Breakup by Crop
11.3.4 Market Breakup by Microorganism
11.3.5 Market Breakup by Mode of Application
11.3.6 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porter’s Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Rivalry
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
List of Figures
Figure 1: North America: Biofertilizer Market: Major Drivers and Challenges
Figure 2: Global: Biofertilizer Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Biofertilizer Market: Breakup by Type (in %), 2023
Figure 4: Global: Biofertilizer Market: Breakup by Crop (in %), 2023
Figure 5: Global: Biofertilizer Market: Breakup by Microorganism (in %), 2023
Figure 6: Global: Biofertilizer Market: Breakup by Mode of Application (in %), 2023
Figure 7: Global: Biofertilizer Market: Breakup by Region (in %), 2023
Figure 8: Global: Biofertilizer Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 9: North America: Biofertilizer Market: Sales Value (in Million US$), 2018-2023
Figure 10: North America: Biofertilizer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: North America: Biofertilizer Market: Breakup by Type (in %), 2023
Figure 12: North America: Biofertilizer (Nitrogen-Fixing Biofertilizers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: North America: Biofertilizer (Nitrogen-Fixing Biofertilizers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: North America: Biofertilizer (Phosphate-Fixing Biofertilizers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: North America: Biofertilizer (Phosphate-Fixing Biofertilizers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: North America: Biofertilizer (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: North America: Biofertilizer (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: North America: Biofertilizer Market: Breakup by Crop (in %), 2023
Figure 19: North America: Biofertilizer (Cereals and Grains) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: North America: Biofertilizer (Cereals and Grains) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: North America: Biofertilizer (Pulses and Oilseeds) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: North America: Biofertilizer (Pulses and Oilseeds) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: North America: Biofertilizer (Fruits and Vegetables) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: North America: Biofertilizer (Fruits and Vegetables) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: North America: Biofertilizer (Other Crops) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: North America: Biofertilizer (Other Crops) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: North America: Biofertilizer Market: Breakup by Microorganism (in %), 2023
Figure 28: North America: Biofertilizer (Cyanobacter) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: North America: Biofertilizer (Cyanobacter) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: North America: Biofertilizer (Rhizobium) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: North America: Biofertilizer (Rhizobium) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: North America: Biofertilizer (Phosphate Solubilizing Bacteria) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: North America: Biofertilizer (Phosphate Solubilizing Bacteria) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: North America: Biofertilizer (Azotobacter) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: North America: Biofertilizer (Azotobacter) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: North America: Biofertilizer (Other Microorganisms) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: North America: Biofertilizer (Other Microorganisms) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: North America: Biofertilizer Market: Breakup by Mode of Application (in %), 2023
Figure 39: North America: Biofertilizer (Seed Treatment) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: North America: Biofertilizer (Seed Treatment) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: North America: Biofertilizer (Soil Treatment) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: North America: Biofertilizer (Soil Treatment) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: North America: Biofertilizer (Other Mode of Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: North America: Biofertilizer (Other Mode of Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: North America: Biofertilizer Market: Breakup by Country (in %), 2023
Figure 46: United States: Biofertilizer Market: Sales Value (in Million US$), 2018-2023
Figure 47: United States: Biofertilizer Market: Breakup by Type (in %), 2023
Figure 48: United States: Biofertilizer Market: Breakup by Crop (in %), 2023
Figure 49: United States: Biofertilizer Market: Breakup by Microorganism (in %), 2023
Figure 50: United States: Biofertilizer Market: Breakup by Mode of Application (in %), 2023
Figure 51: United States: Biofertilizer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Canada: Biofertilizer Market: Sales Value (in Million US$), 2018-2023
Figure 53: Canada: Biofertilizer Market: Breakup by Type (in %), 2023
Figure 54: Canada: Biofertilizer Market: Breakup by Crop (in %), 2023
Figure 55: Canada: Biofertilizer Market: Breakup by Microorganism (in %), 2023
Figure 56: Canada: Biofertilizer Market: Breakup by Mode of Application (in %), 2023
Figure 57: Canada: Biofertilizer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Mexico: Biofertilizer Market: Sales Value (in Million US$), 2018-2023
Figure 59: Mexico: Biofertilizer Market: Breakup by Type (in %), 2023
Figure 60: Mexico: Biofertilizer Market: Breakup by Crop (in %), 2023
Figure 61: Mexico: Biofertilizer Market: Breakup by Microorganism (in %), 2023
Figure 62: Mexico: Biofertilizer Market: Breakup by Mode of Application (in %), 2023
Figure 63: Mexico: Biofertilizer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: North America: Biofertilizer Industry: SWOT Analysis
Figure 65: North America: Biofertilizer Industry: Value Chain Analysis
Figure 66: North America: Biofertilizer Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Biofertilizer Market: Key Industry Highlights, 2023 and 2032
Table 2: North America: Biofertilizer Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: North America: Biofertilizer Market Forecast: Breakup by Crop (in Million US$), 2024-2032
Table 4: North America: Biofertilizer Market Forecast: Breakup by Microorganism (in Million US$), 2024-2032
Table 5: North America: Biofertilizer Market Forecast: Breakup by Mode of Application (in Million US$), 2024-2032
Table 6: North America: Biofertilizer Market Forecast: Breakup by Country (in Million US$), 2024-2032
Table 7: North America: Biofertilizer Market: Competitive Structure
Table 8: North America: Biofertilizer Market: Key Players

Methodology

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Table Information

Report AttributeDetails
No. of Pages123
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 952.7 Billion
Forecasted Market Value ( USD ) by 2032 $ 2590 Billion
Compound Annual Growth Rate11.7%
Regions CoveredNorth America

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About the Biofertilizer Market

Biofertilizers are a type of agrochemical and fertilizer that are derived from living organisms. They are used to supplement or replace traditional chemical fertilizers, and are typically composed of bacteria, fungi, or other microorganisms. Biofertilizers are used to improve soil fertility, increase crop yields, and reduce the need for chemical fertilizers. They can also help to reduce soil erosion, improve water retention, and reduce the risk of crop diseases. Biofertilizers are becoming increasingly popular due to their environmental benefits and cost-effectiveness. They are also seen as a more sustainable alternative to traditional chemical fertilizers, as they are derived from natural sources and are not as likely to cause environmental damage. Some companies in the biofertilizer market include Novozymes, Koppert Biological Systems, Biomax, and Symborg. Show Less Read more

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