The South Korea Biofertilizers Market Size was estimated at 35 (USD Million) in 2023. The South Korea Biofertilizers Market Industry is expected to grow from 39.28(USD Million) in 2024 to 110 (USD Million) by 2035. The South Korea Biofertilizers Market CAGR (growth rate) is expected to be around 9.813% during the forecast period (2025 - 2035).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key South Korea Biofertilizers Market Trends Highlighted
A growing trend toward organic farming is underway in the South Korea Biofertilizers Market, which is being driven by consumer demand for sustainable agricultural practices and healthful food options. The government's dedication to the promotion of environmentally benign farming methods is consistent with this trend, as evidenced by its initiatives to encourage the development of organic agriculture. Farmers are encouraged to employ biofertilizers as an environmentally responsible alternative to conventional chemical fertilizers as a result of this transition. Another critical stimulant is the growing consciousness of soil health. It is becoming increasingly apparent to farmers that biofertilizers can improve crop yields and improve soil fertility, all while reducing their dependence on synthetic chemicals.
Significant opportunities exist for businesses in the South Korean biofertilizers market, particularly in the creation of innovative products that are specifically designed for local crops and soil types. The performance and effectiveness of biofertilizers can be improved through the development of novel formulations through collaborations between research institutions and manufacturing companies. Additionally, the development of educational initiatives can facilitate the dissemination of information regarding the advantages and applications of biofertilizers, thereby motivating a greater number of producers to adopt these products. Recent trends indicate that the utilization of biotechnology in the production of biofertilizers is on the rise, resulting in the development of more efficient and effective solutions.
In addition, the rise in urban agriculture and residential gardening in South Korea has prompted consumers to seek out biofertilizers for personal use. This trend creates new retail channels and opportunities for the biofertilizers market as an increasing number of individuals seek sustainable alternatives beyond conventional cultivation. In South Korea, the demand for biofertilizers is expected to increase as consumer preferences transition toward eco-friendly products.
South Korea Biofertilizers Market Drivers
Increasing Awareness of Sustainable Agriculture Practices
In South Korea, there is a growing trend among farmers and agricultural stakeholders towards sustainable agriculture practices. With increasing government support for environmentally friendly farming methods, Biofertilizers are gaining traction. According to data from the Ministry of Agriculture, Food and Rural Affairs, the adoption of eco-friendly farming has increased by 20% in the last five years. This shift towards sustainability not only aligns with global agricultural trends but also reflects a strong domestic push for better environmental practices.
Established organizations such as the Korean Agricultural Technology Promotion Agency are actively promoting biofertilizers, illustrating their potential to enhance the South Korea Biofertilizers Market Industry significantly. The increasing awareness of the adverse effects of chemical fertilizers has prompted more farmers to switch to natural alternatives, further boosting the demand for biofertilizers.
Government Policies Supporting Organic Farming
The South Korean government has implemented several initiatives to promote organic farming, which has created an opportunity for the Biofertilizers market. As part of the '2040 Vision for National Sustainable Agriculture', the government aims to increase organic farming land from 5% to 20% by the year 2040. This ambitious target signals a substantial investment in bio-based solutions. It is indicative of the broader goals of the Ministry of Agriculture, Food and Rural Affairs to encourage the use of biofertilizers.
As a result, this driver not only reinforces the growth of the South Korea Biofertilizers Market Industry but also provides a stable regulatory framework that is conducive to the uptake of Biofertilizers among farmers.
Rising Demand for Organic Produce
There is a significant increase in consumer demand for organic produce in South Korea, which is driving the Biofertilizers market. Recent studies show that the market value of organic food products in South Korea is expected to exceed USD 3 billion by 2025, reflecting a consistent growth trend of around 10% annually. This trend can be attributed to a growing health consciousness among consumers who are increasingly choosing organic products over conventional options.
As organic farming practices drive the need for biofertilizers, organizations such as the Korea Organic Farming Association are advocating for the use of Biofertilizers to enhance yield and crop quality in organic farming. This rising demand is poised to positively impact the South Korea Biofertilizers Market Industry as farmers seek innovative solutions to meet consumer preferences.
South Korea Biofertilizers Market Segment Insights
Biofertilizers Market Type Insights
The South Korea Biofertilizers Market showcases a diverse Type segment that integrates various methods of enhancing soil fertility through sustainable practices. Among these types, Nitrogen-fixing biofertilizers are crucial, as they play a significant role in enhancing soil nitrogen content, promoting plant growth, and improving crop yields. This is particularly relevant in South Korea, where agricultural productivity faces challenges due to soil depletion. Furthermore, Phosphate Solubilizing biofertilizers are essential for enabling plants to access phosphorus, a vital nutrient often locked in the soil and unavailable to crops.
This type contributes notably to sustained agricultural productivity, especially in regions where phosphate availability is limited. These segments embody the innovative shift toward eco-friendly practices within the agriculture sector, driven by both consumer demand for organic produce and regulatory incentives aimed at reducing chemical fertilizer usage. Additionally, the "Others" category includes various innovative solutions that cater to specific crop needs and local agricultural practices, further enhancing the overall adaptability and effectiveness of biofertilizers in South Korea.
As the market progresses, growing awareness of sustainable agriculture and the environmental benefits associated with these biofertilizers is likely to stimulate their adoption, promoting greener farming practices across the nation. The South Korea Biofertilizers Market industry is set for continued growth, propelled by the need for enhanced soil health and sustainability. Additionally, domestic initiatives aimed at fostering agricultural innovation may aid in overcoming challenges such as climate variations and population pressures, making the development and availability of biofertilizers even more pertinent for the future of South Korean agriculture.
With increasing government support and awareness among farmers, the region's shift towards biofertilizers represents a vital aspect of its long-term agricultural strategy, aiming for both improved output and environmental conservation.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Biofertilizers Market Crop Type Insights
The South Korea Biofertilizers Market exhibits a diverse landscape, particularly within the Crop Type segment, which plays a crucial role in agricultural sustainability. The market comprises various categories, including Cereals and Grains, Pulses and Oilseeds, and Fruits and Vegetables. Cereals and Grains, stapling foods, hold significant importance as a primary source of sustenance for the nation, influencing biofertilizer demand due to the need for enhanced productivity. Pulses and Oilseeds are recognized for their nutritional benefits and their ability to improve soil fertility, making them vital for sustainable farming practices.
Meanwhile, the Fruits and Vegetables category is experiencing growth due to the rising consumer demand for organic produce, highlighting the critical role Biofertilizers play in ensuring optimum crop yield and quality. This segment's emphasis on eco-friendly solutions aligns with the South Korean government’s initiatives to promote sustainable agriculture practices, a trend supported by increasing awareness of environmental concerns among farmers and consumers alike. Overall, the Crop Type segmentation within the South Korea Biofertilizers Market reflects the essential interconnection between agricultural productivity, environmental stewardship, and consumer preferences toward sustainability.
Biofertilizers Market Form Insights
The South Korea Biofertilizers Market exhibits distinct characteristics within its Form segment, primarily categorized into Dry and Liquid formulations. The Dry form has gained traction due to its convenience in application and longer shelf life, making it a preferred choice among farmers seeking ease of use and effective nutrient delivery. In contrast, the Liquid form is valued for its quick absorption by plants, allowing for more immediate effects and enhanced crop yield. South Korea's increased focus on sustainable agriculture and organic practices has led to a growing preference for bio-based solutions, driving the development of both Dry and Liquid biofertilizers.
Government initiatives promoting eco-friendly farming practices further support this shift, encouraging farmers to adopt these environmentally friendly solutions. The Biofertilizers sector in South Korea is also bolstered by rising consumer demand for organic produce, making efficient and effective fertilization methods ever more essential. Overall, segmentation within the South Korea Biofertilizers Market reveals a dynamic balance between Dry and Liquid forms, both contributing significantly to market dynamics and growth potential as the agricultural landscape continues to evolve.
Biofertilizers Market Application Insights
The Application segment of the South Korea Biofertilizers Market is pivotal in the agricultural sector, reflecting the growing demand for sustainable farming practices. Among the applications, Leaf Treatment has garnered attention for its ability to enhance plant health and yield by providing essential nutrients directly to the foliage. This method is particularly significant in humid climates like South Korea, where rapid plant growth requires efficient nutrient delivery. Root Immersion, on the other hand, is vital for improving soil quality and fostering strong root development.
This application technique ensures that the nutrients are effectively absorbed, which is crucial for crop productivity. Plant Rooting applications play a critical role in establishing robust plants, particularly for young crops that need additional support to thrive. Lastly, the 'Others' category encapsulates diverse methods that cater to specific crop needs or farming practices. Each application method contributes uniquely to the overall enhancement of soil and plant health in the South Korean context, aligning with government initiatives aimed at promoting eco-friendly agriculture and boosting food security in the region, thereby driving growth in the South Korea Biofertilizers Market.
Biofertilizers Market Microorganism Type Insights
The South Korea Biofertilizers Market, particularly within the Microorganism Type segment, plays a pivotal role in enhancing agricultural practices through sustainable solutions. Within this segment, Rhizobium is significant due to its ability to fix atmospheric nitrogen, foster soil fertility, and improve crop yields, which is crucial in a country where food security and agricultural efficiency are top priorities. Azotobacter contributes by enhancing nitrogen availability in the soil, while Azospirillum is known for its symbiotic relationship with plants, promoting root development and stress resilience.
Pseudomonas species are recognized for their disease-suppressive properties, aiding in the health and vitality of crops. Bacillus is noteworthy for its multiple beneficial attributes, including promoting plant growth and enhancing nutrient uptake. Additionally, VAM (Vesicular-Arbuscular Mycorrhiza) helps in nutrient absorption, particularly phosphorus, making it vital for plant nutrition. Other microorganisms also contribute by enhancing various soil properties. The increasing shift towards organic farming and sustainable practices in South Korea is driving the demand for these biological solutions, highlighting their importance in modern agriculture.
As the government promotes eco-friendly agricultural practices, the emphasis on Biofertilizers continues to grow, prompting opportunities for innovation and market expansion.
South Korea Biofertilizers Market Key Players and Competitive Insights
The South Korea Biofertilizers Market has seen significant growth and innovation in recent years, driven by an increasing awareness of sustainable agriculture and the need for environmentally friendly farming practices. The market is characterized by a mix of established companies and startups vying for market share, with a keen focus on developing products that enhance soil health and improve crop yield without the adverse effects associated with chemical fertilizers. The competitive landscape is defined by companies leveraging advanced technologies like microbial inoculants and organic amendments to create high-efficiency bio fertilizers. This competitive insight provides an overview of the dynamics within the market, highlighting the strategies employed by various players to establish themselves as leaders in this burgeoning sector.
Hyundai Bio has positioned itself as a noteworthy competitor in the South Korea Biofertilizers Market by prioritizing research and development to create innovative products tailored to local agricultural needs. The company has cultivated a strong presence through its commitment to quality and sustainability, which resonate well with environmentally conscious consumers and farmers. Hyundai Bio's strategic approach includes collaborations with agricultural institutions to enhance product efficacy and address market demands. The company's focus on developing high-performance biofertilizers, coupled with its robust distribution network, has allowed it to gain a competitive advantage and expand its market footprint significantly within the country.
Sungwon Bio stands out in the South Korea Biofertilizers Market with its comprehensive range of Biofertilizers designed to enhance soil fertility and crop resilience. The company has developed key products that utilize natural microorganisms to improve nutrient absorption and promote healthy plant growth. Sungwon Bio's strengths lie in its commitment to quality control and innovative technology, which have solidified its reputation in the market. The company remains active in expanding its product lineup through strategic partnerships and potential mergers and acquisitions to tap into new segments within the agricultural sector. Sungwon Bio's established relationships with local farmers and agricultural cooperatives further enhance its market presence, permitting it to understand consumer needs and adjust its offerings accordingly.
Key Companies in the South Korea Biofertilizers Market Include
South Korea Biofertilizers Market Industry Developments
Recent developments in the South Korea Biofertilizers Market have shown significant growth driven by increasing demand for organic farming solutions and sustainable agriculture methods. Companies such as Hyundai Bio, Sungwon Bio, and Jeil Biotech have been pivotal in driving innovation and expanding their product lines to include advanced Biofertilizers that meet stringent agricultural standards. In August 2023, Hankook Bio Co was reported to be collaborating with Korean Bio Agri to enhance biofertilizer formulations focused on crop yield improvement. Additionally, GreenGrowth Co made headlines in July 2023 by launching a new eco-friendly bio fertilizer targeted at rice farmers, emphasizing reduced environmental impact. The overall market valuation of firms like EcoFertilizer Co and Envirofert has been on the rise due to consumer preference for organic produce. Mergers and acquisitions have also played a role; notably, in September 2023, BioGreen Co acquired a significant stake in Korea Fertilizer Co to expand its distribution network, reflecting the ongoing consolidation in the sector. The Korean government has actively supported biofertilizer initiatives, facilitating research and development in this sector to ensure sustainable agricultural practices across the nation.
Biofertilizers Market Segmentation Insights
Biofertilizers Market Type Outlook
Biofertilizers Market Crop Type Outlook
Biofertilizers Market Form Outlook
Biofertilizers Market Application Outlook
Biofertilizers Market Microorganism Type Outlook
| Report Attribute/Metric | Details |
| Market Size 2023 | 35.0(USD Million) |
| Market Size 2024 | 39.28(USD Million) |
| Market Size 2035 | 110.0(USD Million) |
| Compound Annual Growth Rate (CAGR) | 9.813% (2025 - 2035) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Million |
| Key Companies Profiled | Hyundai Bio, Sungwon Bio, Jeil Biotech, Hankook Bio Co, Korean Bio Agri, GreenGrowth Co, Korea BioOrganic Co, EcoFertilizer Co, Envirofert, BioGreen Co, Korea Fertilizer Co, Biosolutions Co, Seowon Bio, Phytobios, Dongbu Biochem |
| Segments Covered | Type, Crop Type, Form, Application, Microorganism Type |
| Key Market Opportunities | Innovative product development, Increasing organic farming practices, Government subsidies for biofertilizers, Rising consumer demand for sustainability, Expanding distribution channels in rural areas |
| Key Market Dynamics | growing demand for organic farming, government regulations supporting sustainability, increasing awareness of soil health, advancements in microbial technology, rising export opportunities for Biofertilizers |
| Countries Covered | South Korea |
Frequently Asked Questions (FAQ) :
The South Korea Biofertilizers Market is expected to be valued at 39.28 million USD in 2024.
The market is anticipated to reach a value of 110.0 million USD by 2035.
The market is projected to grow at a CAGR of 9.813% during the period from 2025 to 2035.
The Nitrogen Fixing segment is anticipated to be the largest, valued at 15.0 million USD in 2024.
The Phosphate Solubilizing segment is projected to be valued at 33.0 million USD in 2035.
Major players in the market include Hyundai Bio, Sungwon Bio, Jeil Biotech, and Hankook Bio Co., among others.
The Others segment is expected to reach a value of 36.0 million USD by 2035.
The market is currently shaped by emerging trends such as increased organic farming and sustainable agriculture practices.
There are significant opportunities to expand biofertilizer adoption due to rising environmental awareness and regulatory support.
The market faces challenges, including limited awareness among farmers and competition from synthetic fertilizers.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Assistant Manager - Research High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. by implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in packaging, construction, and equipment domains. she handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
