Biofertilizers Market Research Report โ€“ Forecast to 2030

Global Biofertilizers Market Research Report Information By Type (Nitrogen Fixing, Phosphate Solubilizing, and Others), By Crop Type (Cereals & Grains, Pulses & Oilseeds, and Fruits & Vegetables), By Form (Dry and Liquid), By Application Mode (Leaf Treatment, Root Immersion, Plant Rooting, and Others), By Microorganism (Rhizobium, Azotobacter, Azospirillum, Pseudomonas, Bacillus, VAM, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World)โ€”Forecast till 2030

ID: MRFR/AGR/0877-CR | May 2018 | Region: Global | 110 Pages         

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Biofertilizers Market

Biofertilizers market size is projected to reach approximately USD 4.51 billion by 2030, at a CAGR of 12.24 % from 2022 to 2030.

By Type Nitrogen-fixing Phosphate-solubilizing Others
By Crop Type Cereals & Grains Pulses & Oilseeds Fruits & Vegetables
By Form Dry Liquid
By Application Mode Leaf treatment Root immersion Plant rooting Others
Key Players
Companies Profiled   National Fertilizers Ltd.    Madras Fertilizers Limited    Monsanto BioAg    Gujarat State Fertilizers & Chemicals Ltd.    T Stanes & Company Limited    Camson Bio Technologies Limited    Rashtriya Chemicals & Fertilizers Ltd.    Biomax Naturals    Agri Life    Mani Dharma Biotech Pvt. Ltd.
Market Driving Forces   Demand for organic farming
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Global Biofertilizers Market Research (MRFR Insights)

The biofertilizers market size is projected to reach approximately USD 4.51 billion by 2030, at a CAGR of 12.24% from 2022 to 2030. The demand for chemical-free food products, rising prices for synthetic fertilizers worldwide, and worries about soil quality deteriorating due to fertilizer abuse are anticipated to propel the biofertilizers market size over the forecasted years. Increased product acceptance and the need for biological fertilizers result from the soaring demand for organic goods. The market is positively impacted by increased product recognition and acceptance among farmers in developed and developing nations. The adoption of organic and sustainable fertilizers is further fueled by the rising soil and water contamination caused by the overuse of chemical fertilizers. Additionally, it is anticipated that the market has developed due to producers of agricultural inputs actively increasing their output of agricultural biologicals, particularly biofertilizers.

COVID-19 Impact Analysis

Due to multiple socio-economic changes brought on by this pandemic, the COVID-19 epidemic caused a halt in the worldwide economy. Similar to the traditional fertilizer market, producers of biofertilizers and organic fertilizers confront difficulties due to the uneven supply of raw materials in different economies. Due to the limited number of carriers, price gouging by some logistics companies has become a big issue. The situation's uncertainties led to a decline in demand for bio-based fertilizers. Additionally, some well-known industry players reported lower revenue in 2020. For instance, National Fertilizers Limited's revenue in 2020 was USD 1.6 billion, down 13.97% (measured in USD) from the prior year, as labor and logistical constraints impacted the company's production and marketing. As the need for biofertilizers is not predicted to increase significantly even when the lockdown is lifted in rich and developing nations, they are anticipated to have a slow recovery.ย  Agricultural biological suppliers and distributors should view technological development as a new opportunity. The coronavirus epidemic has compelled businesses to consider market penetration using unique formulation qualities and cost-saving measures.

Biofertilizers Market Dynamics

Due to the adoption of precision farming and predicted agriculture, as well as the growing environmental concerns over the forecast period, the biofertilizers market growth is anticipated to experience the largest development. Some of the key factors propelling the growth of the biofertilizers market during the forecast period include the expansion of the organic food industry, an increase in the risks associated with chemical fertilizers, such as the occurrence of eutrophication and hypoxic water zones, and the requirement to improve the effectiveness of chemical fertilizer use.

Market Drivers

  • Increasing organic farming

According to the Research Institute of Organic Agriculture (FiBL), 72.3 million hectares of agricultural land were managed by organic agriculture ly in 2019. Synthetic fertilizer use harmed microorganisms and contaminated the soil. The use of organic farming is spreading quickly as a means of reducing soil degradation. In contrast to conventional agriculture, which uses agrochemicals, genetically modified organisms, and numerous synthetic chemicals as food additives, organic farming makes the most efficient use of regional resources to increase soil fertility. Farmers are further encouraged to use appropriate bio-based fertilizers to produce organic food of the increased demand for organic food.

  • Increasing government supports

  • Increasing concern concerning food safety

Market Restraints:

  • Biological fertilizers' high production costs

Because they need specialized apparatus and equipment to be produced, biological and organic fertilizers have a greater manufacturing cost than conventional fertilizers. This aspect is anticipated to slow market expansion in the upcoming years. Biofertilizers also contain live microbial cells, which have a limited shelf life (about six months at 20โ€“25ยฐC), require special handling during storage and transportation, and add to the overall cost of the product. Low versatility and shelf life are additional factors that impede market expansion during the projection period.

  • High cost of initial investment

  • Low biofertilizer shelf life

Market Opportunities:

The rise in crop production

By 2023, the Organization for Economic Co-operation and Development (OECD) anticipates that the area dedicated to coarse grains will have grown modestly. However, the crops will be mostly responsible for the increase in production. While the region's expansion is anticipated for crops like oilseeds, cotton, and sugarcane, a significant increase in yield is anticipated for crops like wheat, oilseeds, and sugarcane. Contrary to standard bulk fertilizers, which contain naturally occurring minerals like phosphate and nitrogen but may overburden the soil ecology, causing a chemical imbalance and toxicity, biofertilizers have the main advantage of promoting soil health. The increased need for food, feed, and fuel is expected to result in a rise in the output of commodities like sugarcane and oilseed crops. The production of soybean oilseed is anticipated to reach 367 metric tonnes in 2021 and 406 metric tonnes in 2029, according to the OECD-FAO Agricultural Outlook 2020โ€“2029. The rise in the need for protein-rich meals, notably in China, has been a major factor in the increase of oilseed production worldwide. Government-imposed mobility restrictions during the COVID-19 pandemic caused losses for businesses working to recover. They are planning to guarantee the supply of liquid fertilizers before a particular cash crop sowing season. If the government takes some mild action, it can help farmers and boost their economic situation.

  • Growing inputs for sustainable crop production

Biofertilizers Market Segmentation

Type Insights

The biofertilizers market segmentation, based on type, is nitrogen fixing, phosphate solubilizing, and others. The nitrogen-fixing segment held a major share in 2021. Nitrogen-containing biological fertilizers can balance out the soil's nitrogen content, which helps the crop thrive. The three main types of nitrogen bio-fertilizers are free-living, symbiotic, and associative symbiotic. Besides this, phosphate solubilizing was the fastest-growing segment. The market for phosphate solubilizers is likewise expanding significantly. The ability of phosphate solubilizers to increase crop quality and production is expected to drive demand for them at a reasonable rate. The essential nutrient phosphate is necessary for plants to operate properly and for all stages of plant growth and development.

Crop Type Insights

The biofertilizers market segmentation, based on the crop type, is cereals & grains, pulses & oilseeds, and fruits & vegetables. The cereals & grains segment had a prominent share in 2021. For healthy development, cereal and grain production requires a sizable amount of biofertilizer. Studies carried out worldwide revealed that Azotobacter inoculation helped reduce crops' need for nitrogen while promoting high development and growth in cereal and grain crops. However, the pulses & oilseeds segment was the fastest growing. The main advantage cited for the product's use in the oilseeds and pulses sector is the rising demand for soybean, sunflower, and groundnuts worldwide.

Form Insights

The biofertilizers market report segmentation, based on form, is dry and liquid. The liquid segment had a prominent share in 2021. Due to farmers' growing acceptance of their longer shelf lives, the liquid category is anticipated to rise faster during the next six years. Because they have a long shelf life, farmers can buy them in large quantities for less money and store them for one or two years, which boosts their profit margin. It is also simple to carry and poses no health risks to employees. Additionally, it can be utilized in organic farming and drip irrigation. Liquid biofertilizers have potential uses in modern agriculture, including soilless farming systems like hydroponics and fertigation. These systems use the newest agricultural technologies. Besides this, the dry segment is anticipated to be the fastest growing as manufacturers focus on developing new products.

Application Mode Insights

The biofertilizers market research segmentation, based on application mode, is leaf treatment, root immersion, plant roots, and others. In 2021 the leaf treatment segment had a major share of the market. To prevent viral or bacterial infections, crop and plant seeds are treated with biofertilizers, considerably lowering agricultural production. Additionally, the biological fertilizers used on the seeds encourage atmospheric nitrogen fixation and make it easy for the crop to access the nutrients. However, root immersion was the fastest growing. It entails spraying bio-based fertilizers directly onto the soil of the agricultural land. By applying biological fertilizers to the soil, symbiotic bacteria can interact with plant root nodules to fix nitrogen and retain moisture This element encourages strong plant development and guards against erosion and deterioration of soil quality.

Microorganism Insights

The biofertilizers market segmentation, based on microorganism, is rhizobium, azotobacter, azospirillum, pseudomonas, bacillus, VAM, and others. In 2021, the rhizobium segment was anticipated to hold a prominent market share. Rhizobium is the most common type of microbe utilized in agriculture due to its critical role in serving as the primary source of nitrogen in the soil. The rhizobium not only fixes nitrogen well but also fosters the solubilization of inorganic phosphate and acts as a plant growth promoter. Its use is also expanding, mostly due to its capacity to boost agricultural output while reducing the need for expensive, environmentally damaging synthetic fertilizers. Besides, the food & beverage sector was the fastest growing in 2021. As azotobacter are effective at causing benefit reactions on crop growth rate and enhancing seed germination, their use is anticipated to increase across agri-dominant economies. Auxins, cytokinins, and gibberellic acid are just a few of the growth regulators that Azotobacter aids in the synthesis of (GA). Additionally, it promotes nutrient uptake, protects plants from phytopathogens, stimulates rhizosphere bacteria, and ultimately boosts biological nitrogen fixation. Since the abundance of azotobacter in the soil is influenced by several variables, primarily soil pH and fertility, their need rises quickly.

Global Biofertilizers Market Share, by Region, 2021 (%)
Biofertilizers Market Share, by Region, 2021
Biofertilizers Market Overview, by Region

By region, the biofertilizers market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the most extensive market share. Europe is projected to exhibit the highest CAGR during the review period.

North America

North America was the most extensive biofertilizers market share in 2021. The market in North America has significantly expanded due to the rise in organic farming in developed nations, including the United States, Canada, and Mexico. According to a 2019 United States Department of Agriculture (USDA) research, there were around 16,500 organically certified farms in the country, an increase of 17% from 2016 to 2019. In 2020, the organic industry was significantly impacted by the unprecedented COVID-19 epidemic and its profound effects on customers' daily lives. Organic food products are the go-to choice for consumers looking to prepare healthy, wholesome meals at home. Sales of organic goods in the U.S. increased by more than 20% in the spring of 2020, according to the Institute of Food Technologists (IFT), after rising by more than 50% during the epidemic.


Europe was anticipated to encounter the fastest growth rate in 2021. Due to the European Commission's strict laws governing the use of chemical fertilizers. Innovative organic fertilizers now have a market thanks to the European Union's fertilizing goods regulation accord. All fertilizers traded within the European Union must adhere to stringent quality, safety, and labeling criteria. By lowering the limitations for cadmium in phosphate fertilisers from 60 mg/kg to 40 mg/kg after three years and to 20 mg/kg after 12 years, the new fertiliser rule for the European Union decreases risks to human health and the environment. The rule expanded the use of bio-based and organic fertilizers, giving farmers and consumers additional options and encouraging green innovation.

Biofertilizers Market Competitive Landscape

The market includes tier-1, tier-2, and local players. Industry participants active in the market are aware of the growing potential of the product. To establish their importance, they are working continuously to develop, introduce new items, and broaden their product line. Players in the market are concentrating on joint ventures, mergers, and acquisitions to expand their product offerings and satisfy the needs of a larger customer base. For instance, in May 2021, a new specialty fertilizer named Microstar BIO was introduced by Rizobacter Argentina S.A., a pioneer in agricultural microbiology. This novel fertilizer is a blend of chemical and biological fertilizers. It has supported farmers in aiming for lucrative crops and keeping an eye out for soil. Furthermore, in September 2021, Five biological solutions, including inoculants, were introduced by Novozymes to address major issues facing North American producers. A new sales team was also formed to provide direct customer service in the United States. Inoculants that address concerns with nutritional effectiveness, nodulation, and nitrogen fixation are among the new products.

Prominent players in the biofertilizers market report include Camson Bio Technologies Limited, National Fertilizers Ltd., Monsanto BioAg, T Stanes & Company Limited, Rashtriya Chemicals & Fertilizers Ltd, Gujarat State Fertilizers & Chemicals Ltd, Madras Fertilizers Limited, Agri Life, Mani Dharma Biotech Pvt. Ltd, Biomax Naturals, among others.

Scope of the Biofertilizers Market Report

Type Outlook

  • Nitrogen Fixing

  • Phosphate Solubilizing

  • Others

Crop Type Outlook

  • Cereals & Grains

  • Pulses & Oilseeds

  • Fruits & Vegetables

Form Outlook

  • Dry

  • Liquid

Application Mode Outlook

  • Leaf Treatment

  • Root Immersion

  • Plant Rooting

  • Others

Microorganism Type Outlook

  • Rhizobium

  • Azotobacter

  • Azospirillum

  • Pseudomonas

  • Bacillus

  • VAM

  • Others

Region Outlook

  • North America

    • US

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia and New Zealand

    • Rest of Asia-Pacific

  • Rest of the World

    • South America

    • Middle East

    • Africa

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

Biofertilizers Market Forecast & Size:

To identify and estimate the market size for the biofertilizers market segmented by form, routes of administration, product, application, end-user, and source by value (in U.S. dollars). Also, to understand the consumption/ demand created by consumers of Biofertilizers between 2020 and 2030

Market Landscape and Trends:

To identify and infer the drivers, restraints, opportunities, and challenges for the biofertilizers market

Market Influencing Factors:

To find out the factors which are affecting the sales of biofertilizers among consumers

Impact of COVID-19:

To identify and understand the various factors involved in the biofertilizers market affected by the pandemic

Company Profiling:

To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Intended Audience

  • Biofertilizers Manufactures

  • Raw Material Suppliers

  • Retailers, Wholesalers, and Distributors

  • Governments, Associations, and Industrial Bodies

  • Investors and Trade Experts

Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 4.51 billion
  CAGR   12.24% CAGR (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Crop Type, Form, Application Mode, And Microorganism Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   National Fertilizers Ltd., Monsanto BioAg, Gujarat State Fertilizers & Chemicals Ltd, T Stanes & Company Limited, Camson Bio Technologies Limited, Rashtriya Chemicals & Fertilizers Ltd, Madras Fertilizers Limited, Agri Life, Mani Dharma Biotech Pvt. Ltd, Biomax Naturals
  Key Market Opportunities   Rise in crop production
  Key Market Drivers   Increasing organic farming

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Frequently Asked Questions (FAQ) :

The study period of the biofertilizers market is 2022 - 2030

The biofertilizers market is growing at a CAGR of ~12.24% over the next 10 years.

Europe is expected to register the highest CAGR during 2022 - 2030

North America held the largest share in 2021

National Fertilizers Ltd., Monsanto BioAg, Gujarat State Fertilizers & Chemicals Ltd, T Stanes & Company Limited, Camson Bio Technologies Limited, are the major companies operating in the biofertilizers market.