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Biofertilizers Market Size, Share & Trends Analysis Report By Product (Nitrogen Fixing, Phosphate Solubilizing, Others), By Application, By Crop Type, By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 104 Pages
  • August 2024
  • Region: Global
  • Grand View Research
  • ID: 5117694
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Biofertilizers Market Growth & Trends

The global biofertilizers market size is expected to reach USD 3.94 billion by 2030, registering a CAGR of 13.3% from 2024 to 2030. Rising demand for organically produced food products across emerging economies backed with growing economic stability is the key boost to the marketspace.

Organic food products are naturally-derived without utilizing any food additives or synthetic chemicals. Key contributors to the organic food market include organically produced meat and dairy products, organically cultivated fruits and vegetables, and naturally-derived beverages, which include both alcoholic as well as non-alcoholic beverages. Growing consumer preference for healthy eating habits globally coupled with rising disposable income levels of individuals in the emerging economies of Asia Pacific, including Indonesia, Japan, India, and Thailand, is projected to boost the demand for organic food and beverage products in the region.

Further, according to the Research Institute of Organic Agriculture, number of organic farmers has grown significantly since 2000 due to the constant efforts undertaken by government agencies and agricultural and environmental authorities globally. The government to raise awareness about the benefits of switching to organic harvesting and incentives to promote sustainable farming practices. The largest market for organic food retail sales in 2017 and 2018 was the U.S. followed by Germany, France, China, and Italy, respectively. Growing acceptance of organic-based farming techniques and consumer inclination toward organic food are anticipated to drive the demand for organic fertilizers in the foreseeable future.

Yet another key driver for development of the market is the increased focus on environmental sustainability, which would result in reduced consumption of petroleum-based products and a shift to bio-based alternatives. Carbon footprint of greenhouse gas emission is one of the major hazards associated with the manufacturing of chemicals from crude oil. The use of biofertilizers is bound to minimize carbon footprints significantly in due course and is, therefore, being highly promoted by key regulatory authorities worldwide. Biofertilizer production emits significantly lower CO2, which makes them increasingly popular in the developed regions of North America and Europe.

Biofertilizers Market Report Highlights

  • North America accounted for the largest market share of 32%, in terms of revenue, in 2023 and is projected to grow at a volumetric rate of 13.7% from 2023 to 2030
  • Nitrogen-fixing biofertilizers dominated the market with a revenue share of 71.3% in 2023 on account of widespread demand generation from North American and European agricultural communities to boost yield of various cereals
  • Among the various crop types, cereals and grains application segment held the largest revenue share of 38.8% in 2023. This was majorly due to heavy demand for wheat from various Asian and Latin American countries such as Thailand, Singapore, India, Brazil, and Argentina.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Biofertilizers Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Global Fertilizers Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Manufacturing/Technology Trends
3.2.3. Sales Channel Analysis
3.3. Price Trend Analysis, 2018 - 2030
3.3.1. Factors Affecting Prices
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Industry Analysis Tools
3.6.1. Porter’s Five Forces Analysis
3.6.2. Macro-environmental Analysis
Chapter 4. Biofertilizers Market: Product Categories Estimates & Trend Analysis
4.1. Product Categories Movement Analysis & Market Share, 2023 & 2030
4.2. Biofertilizers Market Estimates & Forecast, By Product Categories, 2018 to 2030 (USD Million)
4.3. Nitrogen Fixing
4.3.1. Biofertilizers Market Estimates and Forecasts, by Nitrogen Fixing 2018 - 2030 (USD Million)
4.4. Phosphate Solubilizing
4.4.1. Biofertilizers Market Estimates and Forecasts, by Phosphate Solubilizing, 2018 - 2030 (USD Million)
4.5. Other Products
4.5.1. Biofertilizers Market Estimates and Forecasts, by Other Products, 2018 - 2030 (USD Million)
Chapter 5. Biofertilizers Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2023 & 2030
5.2. Biofertilizers Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million)
5.3. Seed Treatment
5.3.1. Biofertilizers Market Estimates and Forecasts, in Seed Treatment, 2018 - 2030 (USD Million)
5.4. Soil Treatment
5.4.1. Biofertilizers Market Estimates and Forecasts, in Soil Treatment, 2018 - 2030 (USD Million)
Chapter 6. Biofertilizers Market: Crop Type Estimates & Trend Analysis
6.1. Crop Type Movement Analysis & Market Share, 2023 & 2030
6.2. Biofertilizers Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million)
6.3. Cereals & Grains
6.3.1. Biofertilizers Market Estimates and Forecasts, in Cereals & Grains, 2018 - 2030 (USD Million)
6.4. Oilseeds & Pulses
6.4.1. Biofertilizers Market Estimates and Forecasts, in Oilseeds & Pulses, 2018 - 2030 (USD Million)
6.5. Fruits & Vegetables
6.5.1. Biofertilizers Market Estimates and Forecasts, in Fruits & Vegetables, 2018 - 2030 (USD Million)
6.6. Other Crop Types
6.6.1. Biofertilizers Market Estimates and Forecasts, in Other Crop Types, 2018 - 2030 (USD Million)
Chapter 7. Biofertilizers Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2023 & 2030
7.2. North America
7.2.1. North America Biofertilizers Estimates & Forecast, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. Key country dynamics
7.2.2.2. U.S. Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Key country dynamics
7.2.3.2. Canada Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1. Key Country Dynamics
7.2.4.2. Mexico Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe Biofertilizers Estimates & Forecast, 2018 - 2030 (USD Million)
7.3.2. Germany
7.3.2.1. Key country dynamics
7.3.2.2. Germany Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.3.3. UK
7.3.3.1. Key Country Dynamics
7.3.3.2. UK Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.3.4. France
7.3.4.1. Key Country Dynamics
7.3.4.2. France Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.3.5. Italy
7.3.5.1. Key Country Dynamics
7.3.5.2. Italy Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Biofertilizers Estimates & Forecast, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1. Key country dynamics
7.4.2.2. China Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.4.3. India
7.4.3.1. Key country dynamics
7.4.3.2. India Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.4.4. Japan
7.4.4.1. Key Country Dynamics
7.4.4.2. Japan Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.5. Central & South America
7.5.1. Central & South America Biofertilizers Estimates & Forecast, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Key country dynamics
7.5.2.2. Brazil Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.5.3. Argentina
7.5.3.1. Key country dynamics
7.5.3.2. Argentina Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Middle East & Africa Biofertilizers Estimates & Forecast, 2018 - 2030 (USD Million)
Chapter 8. Biofertilizers Market - Competitive Landscape
8.1. Vendor Landscape
8.2. Company Market Share/Position Analysis, 2023
8.3. Strategy Mapping
8.4. Company Profiles
8.4.1. CBF China Bio-Fertilizer AG
8.4.1.1. Participant’s overview
8.4.1.2. Financial performance
8.4.1.3. Product benchmarking
8.4.1.4. Recent developments
8.4.2. Novozymes A/S
8.4.2.1. Participant’s overview
8.4.2.2. Financial performance
8.4.2.3. Product benchmarking
8.4.2.4. Recent developments
8.4.3. AgriLife
8.4.3.1. Participant’s overview
8.4.3.2. Financial performance
8.4.3.3. Product benchmarking
8.4.3.4. Recent developments
8.4.4. Mapleton Agri Biotec
8.4.4.1. Participant’s overview
8.4.4.2. Financial performance
8.4.4.3. Product benchmarking
8.4.4.4. Recent developments
8.4.5. Biomax
8.4.5.1. Participant’s overview
8.4.5.2. Financial performance
8.4.5.3. Product benchmarking
8.4.5.4. Recent developments
8.4.6. Rizobacter Argentina SA.
8.4.6.1. Participant’s overview
8.4.6.2. Financial performance
8.4.6.3. Product benchmarking
8.4.6.4. Recent developments
8.4.7. Symborg S.L.
8.4.7.1. Participant’s overview
8.4.7.2. Financial performance
8.4.7.3. Product benchmarking
8.4.7.4. Recent developments
8.4.8. National Fertilizers Ltd.
8.4.8.1. Participant’s overview
8.4.8.2. Financial performance
8.4.8.3. Product benchmarking
8.4.8.4. Recent developments
8.4.9. Antibiotice S.A
8.4.9.1. Participant’s overview
8.4.9.2. Financial performance
8.4.9.3. Product benchmarking
8.4.9.4. Recent developments
8.4.10. Lallemand Inc.
8.4.10.1. Participant’s overview
8.4.10.2. Financial performance
8.4.10.3. Product benchmarking
8.4.10.4. Recent developments
8.4.11. Labiofam SA
8.4.11.1. Participant’s overview
8.4.11.2. Financial performance
8.4.11.3. Product benchmarking
8.4.11.4. Recent developments
8.4.12. Sigma Agri-Science, LLC
8.4.12.1. Participant’s overview
8.4.12.2. Financial performance
8.4.12.3. Product benchmarking
8.4.12.4. Recent developments
8.4.13. Agrinos Inc.
8.4.13.1. Participant’s overview
8.4.13.2. Financial performance
8.4.13.3. Product benchmarking
8.4.13.4. Recent developments
8.4.14. Fertilizers USA LLC
8.4.14.1. Participant’s overview
8.4.14.2. Financial performance
8.4.14.3. Product benchmarking
8.4.14.4. Recent developments
8.4.15. Kiwa Bio-Tech Products Group Corporation
8.4.15.1. Participant’s overview
8.4.15.2. Financial performance
8.4.15.3. Product benchmarking
8.4.15.4. Recent developments
List of Tables
Table 1 U.S. macro-economic outlay
Table 2 Canada macro-economic outlay
Table 3 Mexico macro-economic outlay
Table 4 Germany macro-economic outlay
Table 6 UK macro-economic outlay
Table 7 France macro-economic outlay
Table 8 Italy macro-economic outlay
Table 9 China macro-economic outlay
Table 10 Japan macro-economic outlay
Table 11 India macro-economic outlay
Table 12 Brazil macro-economic outlay
Table 13 Argentina macro-economic outlay
Table 14 Key Companies Involved In Joint Venture/Partnerships/Agreements
Table 15 Key Companies Involved In Product Launches
Table 16 Key Companies Involved In Expansions
Table 17 Key Companies Involved In Mergers & Acquisitions
Table 18 Participant’s Overview
Table 19 Financial Performance
Table 20 Product Benchmarking
List of Figures
Fig. 1 Biofertilizers Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Production And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Biofertilizers Market Snapshot
Fig. 7 Biofertilizers Market Segmental Outlook, 2023 (USD Million)
Fig. 8 Biofertilizers Market: Competitive Insights
Fig. 9 Global Animal Feed Additives & Biofertilizers Market, 2023 (USD Million)
Fig. 10 Global Biofertilizers Market Value Chain Analysis
Fig. 11 Biofertilizers Market Dynamics
Fig. 12 Biofertilizers Market: Porter's Analysis
Fig. 13 Biofertilizers Market: Pestel Analysis
Fig. 14 Biofertilizers Market Analysis & Segment Forecast, By Product, 2018 - 2030 (USD Million)
Fig. 15 Biofertilizers Market Analysis & Segment Forecast, By Nitrogen Fixing, 2018 - 2030 (USD Million)
Fig. 16 Biofertilizers Market Analysis & Segment Forecast, By Phosphate Solubilizing, 2018 - 2030 (USD Million)
Fig. 17 Biofertilizers Market Analysis & Segment Forecast, By Other Products, 2018 - 2030 (USD Million)
Fig. 18 Biofertilizers Market Analysis & Segment Forecast, By Application, 2018 - 2030 (USD Million)
Fig. 19 Biofertilizers Market Analysis & Segment Forecast, In Soil Treatment, 2018 - 2030 (USD Million)
Fig. 20 Biofertilizers Market Analysis & Segment Forecast, In Seed Treatment, 2018 - 2030 (USD Million)
Fig. 21 Biofertilizers Market, By Region, 2023 & 2030 (%)
Fig. 22 North America Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 23 U.S. Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 24 Canada Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 25 Mexico Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 26 Germany Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 27 UK Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 28 Italy Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 29 France Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 30 China Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 31 India Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 32 Japan Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 33 Brazil Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 34 Argentina Biofertilizers Market Analysis & Segment Forecast, 2018 - 2030 (USD Million)
Fig. 35 Biofertilizers Market: Company Categorization
Fig. 36 Biofertilizers Market: Company Market Share Analysis
Fig. 37 Biofertilizers Market: Company Market Positioning Analysis
Fig. 38 Biofertilizers Market: Strategy Mapping

Companies Mentioned

  • CBF China Bio-Fertilizer AG
  • Novozymes A/S
  • AgriLife
  • Mapleton Agri Biotec
  • Biomax
  • Rizobacter Argentina SA
  • Symborg S.L
  • National Fertilizers Ltd.
  • Antibiotice S.A
  • Lallemand Inc.
  • Labiofam SA
  • Sigma Agri-Science, LLC
  • Agrinos Inc
  • Fertilizers USA LLC
  • Kiwa Bio-Tech Products Group Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages104
PublishedAugust 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 1.66 Billion
Forecasted Market Value ( USD ) by 2030 $ 3.94 Billion
Compound Annual Growth Rate13.3%
Regions CoveredGlobal
No. of Companies Mentioned15

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