The biofertilizers market size has grown rapidly in recent years. It will grow from $2.52 billion in 2024 to $2.89 billion in 2025 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the surge in demand for organic food, the rise in demand for agricultural products, and the adoption of precision farming.
The biofertilizers market size is expected to see rapid growth in the next few years. It will grow to $5.14 billion in 2029 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to increasing focus on organic agriculture, rising government initiatives, rise in price of synthetic fertilizers, and increasing population. Major trends in the forecast period include the development of eco-friendly biofertilizers, product innovations, technology advancements, and strategic collaborations and partnerships.
The biofertilizers market is anticipated to experience growth during the forecast period, driven by an escalating emphasis on organic agriculture. The promotion of sustainable farming practices, prioritizing soil health, biodiversity, and environmental conservation, characterizes organic agriculture. Biofertilizers, derived from naturally occurring microorganisms, play a pivotal role in enhancing soil fertility and nutrient availability without resorting to synthetic chemicals or genetically modified organisms. Notably, the prevalence of organic agriculture spans 191 countries, encompassing more than 76 million hectares of agricultural land managed organically by at least 3.7 million farmers, as reported by Organic Eprints in 2023. The heightened focus on organic agriculture is poised to be a significant driver propelling the biofertilizers market forward.
The biofertilizer market is expected to be fueled by increasing government initiatives, particularly those favoring agriculture. Government-driven programs supporting agriculture contribute to heightened demand for biofertilizers. A case in point is the Efficient Fertilizer Consortium launched by the Foundation for Food & Agriculture Research (FFAR), a U.S.-based agency, in November 2022. This public-private partnership research initiative aims to advance efficient, environmentally beneficial, and cost-effective fertilizers and management practices. In a similar vein, the Indian government introduced the One Nation One Fertilizer initiative in October 2022. This initiative involves consolidating various fertilizers under a unified brand named 'Bharat' to establish uniformity in fertilizer brands across the country. These governmental initiatives are anticipated to drive the growth of the biofertilizer market by creating a conducive environment for the adoption of biofertilizers.
Major companies in the biofertilizers market are concentrating on developing innovative products, such as soil-regenerating biofertilizers, to improve soil health and promote sustainable agriculture. These biofertilizers are designed to enhance soil health by increasing microbial diversity and nutrient availability. For example, in August 2024, Rovensa Next, a Spain-based European biosolutions business unit, introduced Wiibio, a soil-regenerating biofertilizer aimed at improving soil microbiota and plant development. Formulated with the biostimulant strain Bacillus subtilis, Wiibio seeks to enhance soil health by boosting microbial diversity and nutrient availability, thereby supporting sustainable agricultural practices. This product helps increase crop yield and quality by improving soil vitality and facilitating the natural growth cycle of plants. It is suitable for various crops and is specifically applied during early to mid-vegetative cycles and after harvest in perennial crops.
Major companies operating in the biofertilizers market are strategically focused on developing cutting-edge technological solutions to bolster their market position. Innovative technological advancements in production processes and formulation techniques aim to improve the shelf life, stability, and ease of application of biofertilizer products. A case in point is Corteva Agriscience, a U.S.-based agricultural chemical and seed company, which, in September 2022, announced the introduction of its seed coating technology for paddy crops. This technology is designed to combat pests such as leaf folder and yellow stem borer by treating seeds of both conventional and hybrid varieties with Corteva's molecule. The seed coating serves as inbuilt protection, providing immunization against pests and diseases, thereby preventing pest attacks during the growth of paddy crops. This emphasis on technological innovation showcases the commitment of major market players to stay at the forefront of advancements in the biofertilizers market.
In May 2023, TotalEnergies SE, a France-based integrated energy company involved in the production and marketing of various energy forms, acquired a 20% stake in Ductor Corporation for an undisclosed amount. This acquisition aims to utilize Ductor's innovative technology for processing high-nitrogen organic waste, such as poultry manure, to produce biomethane. The partnership is intended to accelerate the development of the biogas value chain, allowing TotalEnergies to explore new market opportunities and enhance its ability to produce sustainable biofertilizers alongside biomethane. Ductor Corporation is a biotechnology company based in Finland, specializing in the production of sustainable bio-fertilizers and biogas.
Major companies operating in the biofertilizers market include UPL Limited, National Fertilizers Limited, Lallemand Inc, Novozymes A/S, Chr. Hansen Holding A/S, Gujarat State Fertilizers & Chemicals Ltd, T.Stanes& Company Limited, IPL Biologicals Limited, Bioceres Crop Solutions, FMC Corp, Biolchim SpA, Genliduo Bio-tech Corporation Ltd, Shandong Sukahan Bio-Technology Co. Ltd, Atlántica Agrícola, PT Pupuk Kalimantan Timur, Ajay Farm-Chem Pvt. Ltd, Ajay Bio-Tech (India) Ltd, Bio Vision corporation, Guano, CF Fertilizers Ltd, Yara Ltd, Toopi organics, Biofa AG, Symborg, Biopartner sp z.o.o, AGROUNIK d.o.o, EuroChem Group AG, Agrocare Canada, Agrinos, Anuvia, BioFert Manufacturing Inc, Kiwa Bio-Tech Products Group Corporation, Kula Bio Inc, Novozymes Latin America Ltda, Rizobacter Argentina S.A, Indogulf Bio AG, Nurture Growth Bio Inc, SABIC Agri-Nutrients Company, Green Muscle, Greenbelt Fertilizers Limited, Golden Fertilizer Company Limited, ETG Inputs Holdco Limited.
Asia-Pacific was the largest region in the biofertilizers market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the biofertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the biofertilizers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Biofertilizers are living microorganism-based substances that enhance plant growth by augmenting nutrient availability in the soil or on plant surfaces. They utilize natural processes such as nitrogen fixation and phosphorus solubilization to provide essential nutrients to plants, promoting their development.
These biofertilizers are categorized into types such as cereals and grains, oilseeds and pulses, as well as fruits and vegetables. Cereals and grains, which belong to the Poaceae family, are key staples rich in carbohydrates, serving as vital food sources for both humans and livestock. Biofertilizers are available in various forms such as liquid and carrier-based, applied for purposes such as seed treatment and soil improvement among others.
The biofertilizers market research report is one of a series of new reports that provides biofertilizers market statistics, including biofertilizers industry global market size, regional shares, competitors with a biofertilizers market share, detailed biofertilizers market segments, market trends and opportunities, and any further data you may need to thrive in the biofertilizers industry. This biofertilizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The biofertilizers market consists of sales of bacterial biofertilizers, fungal biofertilizers, algal biofertilizers, and actinomycetes biofertilizers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The biofertilizers market size is expected to see rapid growth in the next few years. It will grow to $5.14 billion in 2029 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to increasing focus on organic agriculture, rising government initiatives, rise in price of synthetic fertilizers, and increasing population. Major trends in the forecast period include the development of eco-friendly biofertilizers, product innovations, technology advancements, and strategic collaborations and partnerships.
The biofertilizers market is anticipated to experience growth during the forecast period, driven by an escalating emphasis on organic agriculture. The promotion of sustainable farming practices, prioritizing soil health, biodiversity, and environmental conservation, characterizes organic agriculture. Biofertilizers, derived from naturally occurring microorganisms, play a pivotal role in enhancing soil fertility and nutrient availability without resorting to synthetic chemicals or genetically modified organisms. Notably, the prevalence of organic agriculture spans 191 countries, encompassing more than 76 million hectares of agricultural land managed organically by at least 3.7 million farmers, as reported by Organic Eprints in 2023. The heightened focus on organic agriculture is poised to be a significant driver propelling the biofertilizers market forward.
The biofertilizer market is expected to be fueled by increasing government initiatives, particularly those favoring agriculture. Government-driven programs supporting agriculture contribute to heightened demand for biofertilizers. A case in point is the Efficient Fertilizer Consortium launched by the Foundation for Food & Agriculture Research (FFAR), a U.S.-based agency, in November 2022. This public-private partnership research initiative aims to advance efficient, environmentally beneficial, and cost-effective fertilizers and management practices. In a similar vein, the Indian government introduced the One Nation One Fertilizer initiative in October 2022. This initiative involves consolidating various fertilizers under a unified brand named 'Bharat' to establish uniformity in fertilizer brands across the country. These governmental initiatives are anticipated to drive the growth of the biofertilizer market by creating a conducive environment for the adoption of biofertilizers.
Major companies in the biofertilizers market are concentrating on developing innovative products, such as soil-regenerating biofertilizers, to improve soil health and promote sustainable agriculture. These biofertilizers are designed to enhance soil health by increasing microbial diversity and nutrient availability. For example, in August 2024, Rovensa Next, a Spain-based European biosolutions business unit, introduced Wiibio, a soil-regenerating biofertilizer aimed at improving soil microbiota and plant development. Formulated with the biostimulant strain Bacillus subtilis, Wiibio seeks to enhance soil health by boosting microbial diversity and nutrient availability, thereby supporting sustainable agricultural practices. This product helps increase crop yield and quality by improving soil vitality and facilitating the natural growth cycle of plants. It is suitable for various crops and is specifically applied during early to mid-vegetative cycles and after harvest in perennial crops.
Major companies operating in the biofertilizers market are strategically focused on developing cutting-edge technological solutions to bolster their market position. Innovative technological advancements in production processes and formulation techniques aim to improve the shelf life, stability, and ease of application of biofertilizer products. A case in point is Corteva Agriscience, a U.S.-based agricultural chemical and seed company, which, in September 2022, announced the introduction of its seed coating technology for paddy crops. This technology is designed to combat pests such as leaf folder and yellow stem borer by treating seeds of both conventional and hybrid varieties with Corteva's molecule. The seed coating serves as inbuilt protection, providing immunization against pests and diseases, thereby preventing pest attacks during the growth of paddy crops. This emphasis on technological innovation showcases the commitment of major market players to stay at the forefront of advancements in the biofertilizers market.
In May 2023, TotalEnergies SE, a France-based integrated energy company involved in the production and marketing of various energy forms, acquired a 20% stake in Ductor Corporation for an undisclosed amount. This acquisition aims to utilize Ductor's innovative technology for processing high-nitrogen organic waste, such as poultry manure, to produce biomethane. The partnership is intended to accelerate the development of the biogas value chain, allowing TotalEnergies to explore new market opportunities and enhance its ability to produce sustainable biofertilizers alongside biomethane. Ductor Corporation is a biotechnology company based in Finland, specializing in the production of sustainable bio-fertilizers and biogas.
Major companies operating in the biofertilizers market include UPL Limited, National Fertilizers Limited, Lallemand Inc, Novozymes A/S, Chr. Hansen Holding A/S, Gujarat State Fertilizers & Chemicals Ltd, T.Stanes& Company Limited, IPL Biologicals Limited, Bioceres Crop Solutions, FMC Corp, Biolchim SpA, Genliduo Bio-tech Corporation Ltd, Shandong Sukahan Bio-Technology Co. Ltd, Atlántica Agrícola, PT Pupuk Kalimantan Timur, Ajay Farm-Chem Pvt. Ltd, Ajay Bio-Tech (India) Ltd, Bio Vision corporation, Guano, CF Fertilizers Ltd, Yara Ltd, Toopi organics, Biofa AG, Symborg, Biopartner sp z.o.o, AGROUNIK d.o.o, EuroChem Group AG, Agrocare Canada, Agrinos, Anuvia, BioFert Manufacturing Inc, Kiwa Bio-Tech Products Group Corporation, Kula Bio Inc, Novozymes Latin America Ltda, Rizobacter Argentina S.A, Indogulf Bio AG, Nurture Growth Bio Inc, SABIC Agri-Nutrients Company, Green Muscle, Greenbelt Fertilizers Limited, Golden Fertilizer Company Limited, ETG Inputs Holdco Limited.
Asia-Pacific was the largest region in the biofertilizers market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the biofertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the biofertilizers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Biofertilizers are living microorganism-based substances that enhance plant growth by augmenting nutrient availability in the soil or on plant surfaces. They utilize natural processes such as nitrogen fixation and phosphorus solubilization to provide essential nutrients to plants, promoting their development.
These biofertilizers are categorized into types such as cereals and grains, oilseeds and pulses, as well as fruits and vegetables. Cereals and grains, which belong to the Poaceae family, are key staples rich in carbohydrates, serving as vital food sources for both humans and livestock. Biofertilizers are available in various forms such as liquid and carrier-based, applied for purposes such as seed treatment and soil improvement among others.
The biofertilizers market research report is one of a series of new reports that provides biofertilizers market statistics, including biofertilizers industry global market size, regional shares, competitors with a biofertilizers market share, detailed biofertilizers market segments, market trends and opportunities, and any further data you may need to thrive in the biofertilizers industry. This biofertilizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The biofertilizers market consists of sales of bacterial biofertilizers, fungal biofertilizers, algal biofertilizers, and actinomycetes biofertilizers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Biofertilizers Market Characteristics3. Biofertilizers Market Trends and Strategies4. Biofertilizers Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Biofertilizers Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Biofertilizers Market34. Recent Developments in the Biofertilizers Market
5. Global Biofertilizers Growth Analysis and Strategic Analysis Framework
6. Biofertilizers Market Segmentation
7. Biofertilizers Market Regional and Country Analysis
8. Asia-Pacific Biofertilizers Market
9. China Biofertilizers Market
10. India Biofertilizers Market
11. Japan Biofertilizers Market
12. Australia Biofertilizers Market
13. Indonesia Biofertilizers Market
14. South Korea Biofertilizers Market
15. Western Europe Biofertilizers Market
16. UK Biofertilizers Market
17. Germany Biofertilizers Market
18. France Biofertilizers Market
19. Italy Biofertilizers Market
20. Spain Biofertilizers Market
21. Eastern Europe Biofertilizers Market
22. Russia Biofertilizers Market
23. North America Biofertilizers Market
24. USA Biofertilizers Market
25. Canada Biofertilizers Market
26. South America Biofertilizers Market
27. Brazil Biofertilizers Market
28. Middle East Biofertilizers Market
29. Africa Biofertilizers Market
30. Biofertilizers Market Competitive Landscape and Company Profiles
31. Biofertilizers Market Other Major and Innovative Companies
35. Biofertilizers Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Biofertilizers Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on biofertilizers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for biofertilizers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The biofertilizers market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Crop Type: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Other Crop Types2) By Form: Liquid, Carrier-Based
3) By Application: Seed Treatment, Soil Treatment, Other Applications
Subsegments:
1) By Cereals and Grains: Rice; Wheat; Corn (Maize); Barley; Sorghum2) By Oilseeds and Pulses: Soybeans; Sunflower; Canola; Peas; Lentils
3) By Fruits and Vegetables: Tomatoes; Apples; Citrus Fruits; Leafy Greens; Berries
4) By Other Crop Types: Roots and Tubers; Herbs and Spices; Medicinal Plants; Forage Crops
Key Companies Mentioned: UPL Limited; National Fertilizers Limited; Lallemand Inc; Novozymes a/S; Chr. Hansen Holding a/S
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- UPL Limited
- National Fertilizers Limited
- Lallemand Inc
- Novozymes A/S
- Chr. Hansen Holding A/S
- Gujarat State Fertilizers & Chemicals Ltd
- T.Stanes& Company Limited
- IPL Biologicals Limited
- Bioceres Crop Solutions
- FMC Corp
- Biolchim SpA
- Genliduo Bio-tech Corporation Ltd
- Shandong Sukahan Bio-Technology Co. Ltd
- Atlántica Agrícola
- PT Pupuk Kalimantan Timur
- Ajay Farm-Chem Pvt. Ltd
- Ajay Bio-Tech (India) Ltd
- Bio Vision corporation
- Guano
- CF Fertilizers Ltd
- Yara Ltd
- Toopi organics
- Biofa AG
- Symborg
- Biopartner sp z.o.o
- AGROUNIK d.o.o
- EuroChem Group AG
- Agrocare Canada
- Agrinos
- Anuvia
- BioFert Manufacturing Inc
- Kiwa Bio-Tech Products Group Corporation
- Kula Bio Inc
- Novozymes Latin America Ltda
- Rizobacter Argentina S.A
- Indogulf Bio AG
- Nurture Growth Bio Inc
- SABIC Agri-Nutrients Company
- Green Muscle
- Greenbelt Fertilizers Limited
- Golden Fertilizer Company Limited
- ETG Inputs Holdco Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 2.89 Billion |
| Forecasted Market Value ( USD | $ 5.14 Billion |
| Compound Annual Growth Rate | 15.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 42 |
