Biofertilizers Market - Forecast(2024 - 2030)

Report Code: CMR 0122 Report Format: PDF + Excel

Biofertilizers Market Overview:

Biofertilizers Market size is estimated to reach US$5.7 billion by 2030, growing at a CAGR of 10.8% during the forecast period 2024-2030. Increasing adoption of organic farming and growing crop production are expected to propel the growth of biofertilizers market.

Additionally, Rise of precision farming technology, advancements in sensor technology, data analytics, and artificial intelligence are allowing farmers to optimize the application of biofertilizers based on real-time data, ensuring efficient nutrient utilization and improved crop yields. Manufacturers are increasingly focusing on developing tailored biofertilizer solutions for specific crops and agro-ecological conditions. Customized formulations address the unique nutrient requirements of different crops, enhancing the effectiveness of biofertilizers. This reflects a shift towards precision agriculture and a more targeted approach to sustainable farming practices, catering to the diverse needs of modern agriculture.

Market Snapshot:

Image

Biofertilizers Market - Report Coverage:

The “Biofertilizers Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Biofertilizers Market.

Attribute

Segment

By Type

  • Nitrogen Fixing

  • Phosphate Stabilizers

  • Potassium Mobilizing

  • Sulphur Solubilizing

  • Others

By Microorganism

  • Rhizobium

  • Azotobacte

  • Azospirillium

  • Phosphate Solubilising bacteria

  • Potash Mobilizing Bacteria

  • Trichoderma

  • Microhizae

  • Frateuria Aurentia

  • Azolla

  • Others

By Crop

  • Cereals & Grains

    • Sorghum

    • Wheat

    • Maize

    • Rice

    • Rye

    • Others

  • Pulses & Oilseeds

    • Cowpeas

    •  Soybean

    • Groundnuts

    • Mustered

    • Others

  • Fruits & Vegetables

    • Grapes

    • Banana

    • Onion

    • Brinjal

    • Others

  • Fiber Crops

  • Forage Crops

  • Others

By Application

  • Soil Treatment

  • Seed Treatment

  • Plant Growth

  • Seedling Root Dip

  • Others

By Geography

  • North America (U.S., Canada and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

  • Rest of the World (Middle East and Africa).


COVID-19 / Ukraine Crisis - Impact Analysis:

● The COVID-19 pandemic, had a notable impact on the biofertilizers market. As lockdowns and restrictions disrupted supply chains and agricultural activities globally, the production and distribution of biofertilizers faced challenges. The uncertainty and economic downturn during the pandemic led to a temporary slowdown in the adoption of biofertilizers as farmers prioritized essential inputs. However, the crisis also heightened awareness of sustainable agricultural practices, prompting increased interest in biofertilizers as a resilient and eco-friendly alternative.

● The geopolitical events and uncertainties in Ukraine also influenced the biofertilizers market. The ongoing situation created disruptions in trade and logistics, affecting the availability and distribution of biofertilizers. Farmers faced challenges in accessing inputs, impacting their ability to incorporate biofertilizers into their agricultural practices. Despite these challenges, there was a growing recognition of the importance of resilient and sustainable agricultural systems, potentially positioning biofertilizers for increased adoption as the situation stabilized. 

Key Takeaways:

● North America Dominated the Market
Geographically, in the Biofertilizers market share, the North America region is analyzed to hold a dominant market share of 32% in 2023, due to increasing health concerns with organic food crops in American countries such as the United States, Mexico, and Canada. A favorable regulatory scenario, especially in North America and Europe is expected to be a key driving factor for demand growth over the next few years. Europe followed to be second largest market. The Honorable Lawrence MacAulay, Minister of Agriculture and Agri-Food, announced that the Government of Canada will become a founding member of the Efficient Fertilizer Consortium (EFC). As a result, the market for biofertilizers, which are considered more sustainable than traditional fertilizers, may experience growth as these collaborative efforts expand and reach European markets.

● Soil treatment is the fastest growing segment
In the Biofertilizers Market forecast, Soil treatment segment is estimated to grow with a CAGR of 11.9% during the forecast period, owing to complex applications of biological, physical, and chemical agents on seeds for effective protection and production improvement, which can be achieved efficiently by biofertilizers securing them from soil-borne diseases. Moreover, supportive government regulations, such as the Indian Integrated Plant Nutrition Management Bill initialized in 2022, are also discouraging the use of chemical fertilizers, shifting consumer focus towards eco-friendly and organic seed treatment methods. The emphasis on organic and environmentally friendly farming practices has propelled the demand for biofertilizers in soil treatment, as they offer an eco-conscious alternative to conventional chemical fertilizers.

● Rhizobium to Hold Largest Market Share
According to the Biofertilizers Market analysis, the Rhizobium is estimated to hold the largest market share of 25% in 2023, The greatest example of symbiotic nitrogen fixation is Rhizobium, which belongs to the Rhizobiaceae bacterial family. It can fix N2 in plants, both legumes and non-legume plants. Rhizobium has been found to be fixed at 300 kg N ha-1 year-1 in a number of different legume crops.  The terms Rhizobium, Brady rhizobium, Sino rhizobium, Azorhizobium, and Mesorhizobium are all collectively referred to as rhizobia. Rhizobia are a group of nitrogen-fixing bacteria that form symbiotic relationships with the roots of leguminous plants. Rhizobium enhances the growth and productivity of leguminous crops by ensuring a more efficient uptake of nitrogen. This, in turn, leads to improved crop yields. As farmers seek methods to optimize production while minimizing environmental impact, the demand for biofertilizers containing Rhizobium is on the rise.

● Increasing Adoption of Organic Farming
As we know Biofertilizers are natural fertilizers that are microbial inoculants of bacteria, algae and fungi. Use of biofertilizer is recommended for improving the soil fertility in organic farming. They accelerate certain microbial processes in the soil which augment the extent of availability of nutrients in a form easily assimilated by plants. They help restore the soil’s natural nutrient cycle and increase soil organic matter. Biofertilizers are carrier-based microorganisms that increase productivity through biological nitrogen fixation, the solubilization of insoluble phosphate, or by generating hormones, vitamins, and other growth -promoting compounds essential for plant growth. The Indian government recently proposed a budget for 2022 that promotes chemical-free natural farming, beginning with farming lands along the Ganga.
 
● Growing Crop Production is Increasing Consumption of Biofertilizers
As global agricultural output strives to meet the demands of a growing population, farmers are increasingly turning to biofertilizers as a key driver for enhancing crop productivity. Biofertilizers contribute to sustainable agriculture by improving soil health, nutrient availability, and overall crop performance. The world population will reach 9 billion by 2050 in accordance with Food and Agricultural Organization; as a result, there should be an enhancement in crop yield to meet the food demand. In January 2023, Odisha University of Agriculture and Technology announced that it had started the production of biofertilizers to make them available for farmers in the state at the lowest cost. The university has received funding of 1.5 crores from the central government’s Rashtriy Kisan Vikas Yojana (RKVY), the scheme by the Indian government focuses on developing biofertilizer firms/plants and boosting the production of biofertilizers.

● Low Shelf Life of Biofertilizers
Unlike conventional chemical fertilizers that often have a longer shelf life, biofertilizers, which contain living microorganisms, can be more susceptible to degradation and loss of efficacy over time. The viability of the beneficial microbes in biofertilizers is contingent upon various factors, including temperature, humidity, and storage conditions. The delicate nature of these living organisms makes them prone to deterioration, limiting the duration for which biofertilizers remain effective. The need for cold storage facilities and controlled transportation conditions adds to the operational costs, making biofertilizers a less convenient option for some farmers. Overcoming this hurdle is crucial for the wider adoption of biofertilizers and their successful integration into sustainable agricultural practices.


For More Details on This Report - Request for Sample

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Biofertilizers Market. The top 10 companies in this industry are listed below:
1. Novozymes A/S
2. AgriLife
3. Mapleton Agri Biotec Pty Ltd
4. UPL Ltd
5. Antibiotice S.A.
6. Symborg S.L.
7. Syngenta
8. Lallemand
9. Microbax Ltd
10. Vegalab SA

Scope of Report: 

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

10.8%

Market Size in 2030

$5.7 billion

Segments Covered

Type, Microorganism, Crop, Application

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Novozymes A/S

  2. AgriLife

  3. Mapleton Agri Biotec Pty Ltd

  4. UPL Ltd

  5. Antibiotice S.A.

  6. Symborg S.L.

  7. Syngenta

  8. Lallemand

  9. Microbax Ltd

  10. Vegalab SA


For more Chemicals and Materials Market reports, please click here
1.Biofertilizers Market- Market Overview
    1.1 Definitions and Scope 
2.Biofertilizers Market- Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Microorganism
    2.3 Key Trends by Crop
    2.4 Key Trends by Application
    2.5 Key Trends by Geography
3.Biofertilizers Market– Comparative analysis 
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4.Biofertilizers Market- Startup companies Scenario Premium Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5.Biofertilizers Market– Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6.Biofertilizers Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes 
7.Biofertilizers Market– Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies 
8.Biofertilizers Market- By Type (Market Size -$Million/Billion)
    8.1 Nitrogen Fixing
    8.2 Phosphate Stabilizers
    8.3 Potassium Mobilizing
    8.4 Sulphur Solubilizing
    8.5 Others
9.Biofertilizers Market- By Microorganism (Market Size -$Million/Billion)
    9.1 Rhizobium
    9.2 Azotobacte
    9.3 Azospirillium 
    9.4 Phosphate Solubilising bacteria 
    9.5 Potash Mobilizing Bacteria
    9.6 Trichoderma
    9.7 Microhizae
    9.8 Frateuria Aurentia
    9.9 Azolla
    9.10 Others
10.Biofertilizers Market- By Crop (Market Size -$Million/Billion)
    10.1 Cereals & Grains
        10.1.1 Sorghum
        10.1.2 Wheat
        10.1.3 Maize
        10.1.4 Rice
        10.1.5 Rye
        10.1.6 Others
    10.2 Pulses & Oilseeds
        10.2.1 Cowpeas
        10.2.2 Soybean
        10.2.3 Groundnuts
        10.2.4 Mustered
        10.2.5 Others
    10.3 Fruits & Vegetables
        10.3.1 Graphs
        10.3.2 Banana
        10.3.3 Onion
        10.3.4 Brinjal
        10.3.5 Others
    10.4 Fiber Crops
    10.5 Forage Crops
    10.6 Others
11.Biofertilizers Market- By Application (Market Size -$Million/Billion)
    11.1 Soil Treatment
    11.2 Seed Treatment
    11.3 Plant Growth
    11.4 Seedling Root Dip
    11.5 Others
12.Biofertilizers Market- By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 USA
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 UK
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Netherlands
        12.2.6 Spain
        12.2.7 Russia
        12.2.8 Belgium
        12.2.9 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 India
        12.3.4 South Korea
        12.3.5 Australia and New Zeeland
        12.3.6 Indonesia
        12.3.7 Taiwan
        12.3.8 Malaysia
        12.3.9 Rest of APAC
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Colombia
        12.4.4 Chile
        12.4.5 Rest of South America
    12.5 Rest of the World
        12.5.1 Middle East
            12.5.1.1 Saudi Arabia
            12.5.1.2 UAE
            12.5.1.3 Israel
            12.5.1.4 Rest of the Middle East
        12.5.2 Africa
            12.5.2.1 South Africa
            12.5.2.2 Nigeria
            12.5.2.3 Rest of Africa
13.Biofertilizers Market– Entropy
    13.1 New Product Launches
    13.2 M&As, Collaborations, JVs and Partnerships
14.Biofertilizers Market– Industry/Segment Competition Landscape Premium
    14.1 Market Share at Global Level - Major companies
    14.2 Market Share by Key Region - Major companies
    14.3 Market Share by Key Country - Major companies
    14.4 Market Share by Key Application - Major companies
    14.5 Market Share by Key Product Type/Product category - Major companies
    14.6 Company Benchmarking Matrix - Major companies  
15.Biofertilizers Market– Key Company List by Country Premium Premium
16.Biofertilizers Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    16.1.     Novozymes A/S
    16.2. AgriLife
    16.3. Mapleton Agri Biotec Pty Ltd
    16.4. UPL Ltd
    16.5. Antibiotice S.A.
    16.6. Symborg S.L.
    16.7. Syngenta
    16.8. Lallemand
    16.9. Microbax Ltd
    16.10. Vegalab SA  and more

"*Financials would be provided on a best efforts basis for private companies"
List of Table s:

Table 1: Biofertilizers Market Overview 2021-2026
Table 2: Biofertilizers Market Leader Analysis 2018-2019 (US$)
Table 3: Biofertilizers Market Product Analysis 2018-2019 (US$)
Table 4: Biofertilizers Market End User Analysis 2018-2019 (US$)
Table 5: Biofertilizers Market Patent Analysis 2013-2018* (US$)
Table 6: Biofertilizers Market Financial Analysis 2018-2019 (US$)
Table 7: Biofertilizers Market Driver Analysis 2018-2019 (US$)
Table 8: Biofertilizers Market Challenges Analysis 2018-2019 (US$)
Table 9: Biofertilizers Market Constraint Analysis 2018-2019 (US$)
Table 10: Biofertilizers Market Supplier Bargaining Power Analysis 2018-2019 (US$)
Table 11: Biofertilizers Market Buyer Bargaining Power Analysis 2018-2019 (US$)
Table 12: Biofertilizers Market Threat of Substitutes Analysis 2018-2019 (US$)
Table 13: Biofertilizers Market Threat of New Entrants Analysis 2018-2019 (US$)
Table 14: Biofertilizers Market Degree of Competition Analysis 2018-2019 (US$)
Table 15: Biofertilizers Market Value Chain Analysis 2018-2019 (US$)
Table 16: Biofertilizers Market Pricing Analysis 2021-2026 (US$)
Table 17: Biofertilizers Market Opportunities Analysis 2021-2026 (US$)
Table 18: Biofertilizers Market Product Life Cycle Analysis 2021-2026 (US$)
Table 19: Biofertilizers Market Supplier Analysis 2018-2019 (US$)
Table 20: Biofertilizers Market Distributor Analysis 2018-2019 (US$)
Table 21: Biofertilizers Market Trend Analysis 2018-2019 (US$)
Table 22: Biofertilizers Market Size 2018 (US$)
Table 23: Biofertilizers Market Forecast Analysis 2021-2026 (US$)
Table 24: Biofertilizers Market Sales Forecast Analysis 2021-2026 (Units)
Table 25: Biofertilizers Market, Revenue & Volume, By Type, 2021-2026 ($)
Table 26: Biofertilizers Market By Type, Revenue & Volume, By Rhizobium, 2021-2026 ($)
Table 27: Biofertilizers Market By Type, Revenue & Volume, By Azospirillum, 2021-2026 ($)
Table 28: Biofertilizers Market By Type, Revenue & Volume, By Azobacter, 2021-2026 ($)
Table 29: Biofertilizers Market By Type, Revenue & Volume, By Blue Green Algae, 2021-2026 ($)
Table 30: Biofertilizers Market By Type, Revenue & Volume, By Phosphate Solubilizer Bacteria, 2021-2026 ($)
Table 31: Biofertilizers Market, Revenue & Volume, By Crops, 2021-2026 ($)
Table 32: Biofertilizers Market By Crops, Revenue & Volume, By Food Crops, 2021-2026 ($)
Table 33: Biofertilizers Market By Crops, Revenue & Volume, By Commercial Crops, 2021-2026 ($)
Table 34: North America Biofertilizers Market, Revenue & Volume, By Type, 2021-2026 ($)
Table 35: North America Biofertilizers Market, Revenue & Volume, By Crops, 2021-2026 ($)
Table 36: South america Biofertilizers Market, Revenue & Volume, By Type, 2021-2026 ($)
Table 37: South america Biofertilizers Market, Revenue & Volume, By Crops, 2021-2026 ($)
Table 38: Europe Biofertilizers Market, Revenue & Volume, By Type, 2021-2026 ($)
Table 39: Europe Biofertilizers Market, Revenue & Volume, By Crops, 2021-2026 ($)
Table 40: APAC Biofertilizers Market, Revenue & Volume, By Type, 2021-2026 ($)
Table 41: APAC Biofertilizers Market, Revenue & Volume, By Crops, 2021-2026 ($)
Table 42: Middle East & Africa Biofertilizers Market, Revenue & Volume, By Type, 2021-2026 ($)
Table 43: Middle East & Africa Biofertilizers Market, Revenue & Volume, By Crops, 2021-2026 ($)
Table 44: Russia Biofertilizers Market, Revenue & Volume, By Type, 2021-2026 ($)
Table 45: Russia Biofertilizers Market, Revenue & Volume, By Crops, 2021-2026 ($)
Table 46: Israel Biofertilizers Market, Revenue & Volume, By Type, 2021-2026 ($)
Table 47: Israel Biofertilizers Market, Revenue & Volume, By Crops, 2021-2026 ($)
Table 48: Top Companies 2018 (US$) Biofertilizers Market, Revenue & Volume
Table 49: Product Launch 2018-2019 Biofertilizers Market, Revenue & Volume
Table 50: Mergers & Acquistions 2018-2019 Biofertilizers Market, Revenue & Volume


List of Figures:

Figure 1: Overview of Biofertilizers Market 2021-2026
Figure 2: Market Share Analysis for Biofertilizers Market 2018 (US$)
Figure 3: Product Comparison in Biofertilizers Market 2018-2019 (US$)
Figure 4: End User Profile for Biofertilizers Market 2018-2019 (US$)
Figure 5: Patent Application and Grant in Biofertilizers Market 2013-2018* (US$)
Figure 6: Top 5 Companies Financial Analysis in Biofertilizers Market 2018-2019 (US$)
Figure 7: Market Entry Strategy in Biofertilizers Market 2018-2019
Figure 8: Ecosystem Analysis in Biofertilizers Market 2018
Figure 9: Average Selling Price in Biofertilizers Market 2021-2026
Figure 10: Top Opportunites in Biofertilizers Market 2018-2019
Figure 11: Market Life Cycle Analysis in Biofertilizers Market
Figure 12: GlobalBy Type Biofertilizers Market Revenue, 2021-2026 ($)
Figure 13: GlobalBy Crops Biofertilizers Market Revenue, 2021-2026 ($)
Figure 14: Global Biofertilizers Market - By Geography
Figure 15: Global Biofertilizers Market Value & Volume, By Geography, 2021-2026 ($) 
Figure 16: Global Biofertilizers Market CAGR, By Geography, 2021-2026 (%)
Figure 17: North America Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 18: US Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 19: US GDP and Population, 2018-2019 ($)
Figure 20: US GDP – Composition of 2018, By Sector of Origin
Figure 21: US Export and Import Value & Volume, 2018-2019 ($)
Figure 22: Canada Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 23: Canada GDP and Population, 2018-2019 ($)
Figure 24: Canada GDP – Composition of 2018, By Sector of Origin
Figure 25: Canada Export and Import Value & Volume, 2018-2019 ($)
Figure 26: Mexico Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 27: Mexico GDP and Population, 2018-2019 ($)
Figure 28: Mexico GDP – Composition of 2018, By Sector of Origin
Figure 29: Mexico Export and Import Value & Volume, 2018-2019 ($)
Figure 30: South America Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 31: Brazil Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 32: Brazil GDP and Population, 2018-2019 ($)
Figure 33: Brazil GDP – Composition of 2018, By Sector of Origin
Figure 34: Brazil Export and Import Value & Volume, 2018-2019 ($)
Figure 35: Venezuela Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 36: Venezuela GDP and Population, 2018-2019 ($)
Figure 37: Venezuela GDP – Composition of 2018, By Sector of Origin
Figure 38: Venezuela Export and Import Value & Volume, 2018-2019 ($)
Figure 39: Argentina Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 40: Argentina GDP and Population, 2018-2019 ($)
Figure 41: Argentina GDP – Composition of 2018, By Sector of Origin
Figure 42: Argentina Export and Import Value & Volume, 2018-2019 ($)
Figure 43: Ecuador Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 44: Ecuador GDP and Population, 2018-2019 ($)
Figure 45: Ecuador GDP – Composition of 2018, By Sector of Origin
Figure 46: Ecuador Export and Import Value & Volume, 2018-2019 ($)
Figure 47: Peru Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 48: Peru GDP and Population, 2018-2019 ($)
Figure 49: Peru GDP – Composition of 2018, By Sector of Origin
Figure 50: Peru Export and Import Value & Volume, 2018-2019 ($)
Figure 51: Colombia Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 52: Colombia GDP and Population, 2018-2019 ($)
Figure 53: Colombia GDP – Composition of 2018, By Sector of Origin
Figure 54: Colombia Export and Import Value & Volume, 2018-2019 ($)
Figure 55: Costa Rica Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 56: Costa Rica GDP and Population, 2018-2019 ($)
Figure 57: Costa Rica GDP – Composition of 2018, By Sector of Origin
Figure 58: Costa Rica Export and Import Value & Volume, 2018-2019 ($)
Figure 59: Europe Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 60: U.K Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 61: U.K GDP and Population, 2018-2019 ($)
Figure 62: U.K GDP – Composition of 2018, By Sector of Origin
Figure 63: U.K Export and Import Value & Volume, 2018-2019 ($)
Figure 64: Germany Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 65: Germany GDP and Population, 2018-2019 ($)
Figure 66: Germany GDP – Composition of 2018, By Sector of Origin
Figure 67: Germany Export and Import Value & Volume, 2018-2019 ($)
Figure 68: Italy Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 69: Italy GDP and Population, 2018-2019 ($)
Figure 70: Italy GDP – Composition of 2018, By Sector of Origin
Figure 71: Italy Export and Import Value & Volume, 2018-2019 ($)
Figure 72: France Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 73: France GDP and Population, 2018-2019 ($)
Figure 74: France GDP – Composition of 2018, By Sector of Origin
Figure 75: France Export and Import Value & Volume, 2018-2019 ($)
Figure 76: Netherlands Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 77: Netherlands GDP and Population, 2018-2019 ($)
Figure 78: Netherlands GDP – Composition of 2018, By Sector of Origin
Figure 79: Netherlands Export and Import Value & Volume, 2018-2019 ($)
Figure 80: Belgium Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 81: Belgium GDP and Population, 2018-2019 ($)
Figure 82: Belgium GDP – Composition of 2018, By Sector of Origin
Figure 83: Belgium Export and Import Value & Volume, 2018-2019 ($)
Figure 84: Spain Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 85: Spain GDP and Population, 2018-2019 ($)
Figure 86: Spain GDP – Composition of 2018, By Sector of Origin
Figure 87: Spain Export and Import Value & Volume, 2018-2019 ($)
Figure 88: Denmark Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 89: Denmark GDP and Population, 2018-2019 ($)
Figure 90: Denmark GDP – Composition of 2018, By Sector of Origin
Figure 91: Denmark Export and Import Value & Volume, 2018-2019 ($)
Figure 92: APAC Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 93: China Biofertilizers Market Value & Volume, 2021-2026
Figure 94: China GDP and Population, 2018-2019 ($)
Figure 95: China GDP – Composition of 2018, By Sector of Origin
Figure 96: China Export and Import Value & Volume, 2018-2019 ($) Biofertilizers Market China Export and Import Value & Volume, 2018-2019 ($)
Figure 97: Australia Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 98: Australia GDP and Population, 2018-2019 ($)
Figure 99: Australia GDP – Composition of 2018, By Sector of Origin
Figure 100: Australia Export and Import Value & Volume, 2018-2019 ($)
Figure 101: South Korea Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 102: South Korea GDP and Population, 2018-2019 ($)
Figure 103: South Korea GDP – Composition of 2018, By Sector of Origin
Figure 104: South Korea Export and Import Value & Volume, 2018-2019 ($)
Figure 105: India Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 106: India GDP and Population, 2018-2019 ($)
Figure 107: India GDP – Composition of 2018, By Sector of Origin
Figure 108: India Export and Import Value & Volume, 2018-2019 ($)
Figure 109: Taiwan Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 110: Taiwan GDP and Population, 2018-2019 ($)
Figure 111: Taiwan GDP – Composition of 2018, By Sector of Origin
Figure 112: Taiwan Export and Import Value & Volume, 2018-2019 ($)
Figure 113: Malaysia Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 114: Malaysia GDP and Population, 2018-2019 ($)
Figure 115: Malaysia GDP – Composition of 2018, By Sector of Origin
Figure 116: Malaysia Export and Import Value & Volume, 2018-2019 ($)
Figure 117: Hong Kong Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 118: Hong Kong GDP and Population, 2018-2019 ($)
Figure 119: Hong Kong GDP – Composition of 2018, By Sector of Origin
Figure 120: Hong Kong Export and Import Value & Volume, 2018-2019 ($)
Figure 121: Middle East & Africa Biofertilizers Market Middle East & Africa 3D Printing Market Value & Volume, 2021-2026 ($)
Figure 122: Russia Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 123: Russia GDP and Population, 2018-2019 ($)
Figure 124: Russia GDP – Composition of 2018, By Sector of Origin
Figure 125: Russia Export and Import Value & Volume, 2018-2019 ($)
Figure 126: Israel Biofertilizers Market Value & Volume, 2021-2026 ($)
Figure 127: Israel GDP and Population, 2018-2019 ($)
Figure 128: Israel GDP – Composition of 2018, By Sector of Origin
Figure 129: Israel Export and Import Value & Volume, 2018-2019 ($)
Figure 130: Entropy Share, By Strategies, 2018-2019* (%) Biofertilizers Market
Figure 131: Developments, 2018-2019* Biofertilizers Market
Figure 132: Company 1 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 133: Company 1 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 134: Company 1 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 135: Company 2 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 136: Company 2 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 137: Company 2 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 138: Company 3 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 139: Company 3 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 140: Company 3 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 141: Company 4 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 142: Company 4 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 143: Company 4 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 144: Company 5 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 145: Company 5 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 146: Company 5 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 147: Company 6 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 148: Company 6 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 149: Company 6 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 150: Company 7 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 151: Company 7 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 152: Company 7 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 153: Company 8 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 154: Company 8 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 155: Company 8 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 156: Company 9 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 157: Company 9 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 158: Company 9 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 159: Company 10 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 160: Company 10 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 161: Company 10 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 162: Company 11 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 163: Company 11 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 164: Company 11 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 165: Company 12 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 166: Company 12 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 167: Company 12 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 168: Company 13 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 169: Company 13 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 170: Company 13 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 171: Company 14 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 172: Company 14 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 173: Company 14 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)
Figure 174: Company 15 Biofertilizers Market Net Revenue, By Years, 2018-2019* ($)
Figure 175: Company 15 Biofertilizers Market Net Revenue Share, By Business segments, 2018 (%)
Figure 176: Company 15 Biofertilizers Market Net Sales Share, By Geography, 2018 (%)

The Biofertilizers Market is projected to grow at a CAGR of 10.8% during the forecast period 2024-2030.

Global Biofertilizers Market size is estimated to be $2.5 billion in 2023 and is projected to reach $5.7 billion by 2030.

The leading players in the Biofertilizers Market are Novozymes A/S, AgriLife, Mapleton Agri Biotec Pty Ltd, UPL Ltd, Antibiotice S.A., and Others

Rise of precision farming technology and development of customized biofertilizer solutions are the major trends in biofertilizers market.

Increasing adoption of organic farming and growing crop production are expected to drive the growth of biofertilizers market. Demand for organic and sustainable agriculture and government initiatives and support for bio-based products to create growth opportunities in the market.