Product Code: 978-1-68038-038-5
Biofertilizers Market Growth & Trends:
The global biofertilizers market size is expected to reach USD 3.94 billion by 2030, registering a CAGR of 13.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for organically produced food products across emerging economies backed with growing economic stability is the key boost to the marketspace.
Organic food products are naturally-derived without utilizing any food additives or synthetic chemicals. Key contributors to the organic food market include organically produced meat and dairy products, organically cultivated fruits and vegetables, and naturally-derived beverages, which include both alcoholic as well as non-alcoholic beverages. Growing consumer preference for healthy eating habits globally coupled with rising disposable income levels of individuals in the emerging economies of Asia Pacific, including Indonesia, Japan, India, and Thailand, is projected to boost the demand for organic food and beverage products in the region.
Further, according to the Research Institute of Organic Agriculture, number of organic farmers has grown significantly since 2000 due to the constant efforts undertaken by government agencies and agricultural and environmental authorities globally. The government to raise awareness about the benefits of switching to organic harvesting and incentives to promote sustainable farming practices. The largest market for organic food retail sales in 2017 and 2018 was the U.S. followed by Germany, France, China, and Italy, respectively. Growing acceptance of organic-based farming techniques and consumer inclination toward organic food are anticipated to drive the demand for organic fertilizers in the foreseeable future.
Yet another key driver for development of the market is the increased focus on environmental sustainability, which would result in reduced consumption of petroleum-based products and a shift to bio-based alternatives. Carbon footprint of greenhouse gas emission is one of the major hazards associated with the manufacturing of chemicals from crude oil. The use of biofertilizers is bound to minimize carbon footprints significantly in due course and is, therefore, being highly promoted by key regulatory authorities worldwide. Biofertilizer production emits significantly lower CO2, which makes them increasingly popular in the developed regions of North America and Europe.
Biofertilizers Market Report Highlights:
- North America accounted for the largest market share of 32%, in terms of revenue, in 2023 and is projected to grow at a volumetric rate of 13.7% from 2023 to 2030
- Nitrogen-fixing biofertilizers dominated the market with a revenue share of 71.3% in 2023 on account of widespread demand generation from North American and European agricultural communities to boost yield of various cereals
- Among the various crop types, cereals and grains application segment held the largest revenue share of 38.8% in 2023. This was majorly due to heavy demand for wheat from various Asian and Latin American countries such as Thailand, Singapore, India, Brazil, and Argentina.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Pulp & Paper
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Biofertilizers Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Fertilizers Market
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Manufacturing & Technology Trends
- 3.2.3. Distribution Channel Analysis
- 3.3. Price Trend Analysis
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry Opportunities
- 3.6. Industry Analysis Tools
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. Macro-environmental Analysis
Chapter 4. Biofertilizers Market: Product Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2023 & 2030
- 4.2. Biofertilizers Market Estimates & Forecast, By Product, 2018 to 2030 (USD Million) (Kilotons)
- 4.3. Nitrogen Fixing
- 4.3.1. Nitrogen Fixing Biofertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 4.4. Phosphate Solubilizing
- 4.4.1. Phosphate Solubilizing Biofertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 4.5. Other Biofertilizers
- 4.5.1. Other Biofertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Biofertilizers Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Biofertilizers Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million) (Kilotons)
- 5.3. Seed Treatment
- 5.3.1. Biofertilizers Market Estimates and Forecasts, in Seed Treatment, 2018 - 2030 (USD Million) (Kilotons)
- 5.4. Soil Treatment
- 5.4.1. Biofertilizers Market Estimates and Forecasts, in Soil Treatment, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Biofertilizers Market: End Use Estimates & Trend Analysis
- 6.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 6.2. Biofertilizers Market Estimates & Forecast, By End Use, 2018 to 2030 (USD Million) (Kilotons)
- 6.3. Cereals & Grains
- 6.3.1. Biofertilizers Market Estimates and Forecasts, in Cereals & Grains, 2018 - 2030 (USD Million) (Kilotons)
- 6.4. Oilseeds & Pulses
- 6.4.1. Biofertilizers Market Estimates and Forecasts, in Oilseeds & Pulses, 2018 - 2030 (USD Million) (Kilotons)
- 6.5. Fruits & Vegetables
- 6.5.1. Biofertilizers Market Estimates and Forecasts, in Fruits & Vegetables, 2018 - 2030 (USD Million) (Kilotons)
- 6.6. Other Crops
- 6.6.1. Biofertilizers Market Estimates and Forecasts, in Other Crops, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Biofertilizers Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.2. North America
- 7.2.1. North America Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.2. North America Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.3. North America Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.4. North America Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5. U.S.
- 7.2.5.1. Key country dynamics
- 7.2.5.2. U.S. Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5.3. U.S. Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5.4. U.S. Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5.5. U.S. Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6. Canada
- 7.2.6.1. Key Country Dynamics
- 7.2.6.2. Canada Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6.3. Canada Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6.4. Canada Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6.5. Canada Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7. Mexico
- 7.2.7.1. Key Country Dynamics
- 7.2.7.2. Mexico Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7.3. Mexico Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7.4. Mexico Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7.5. Mexico Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3. Europe
- 7.3.1. Europe Pulp & Paper Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.2. Europe Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.3. Europe Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.4. Europe Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5. Germany
- 7.3.5.1. Key Country Dynamics
- 7.3.5.2. Germany Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.3. Germany Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.4. Germany Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.5. Germany Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6. UK
- 7.3.6.1. Key Country Dynamics
- 7.3.6.2. UK Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.3. UK Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.4. UK Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.5. UK Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7. France
- 7.3.7.1. Key Country Dynamics
- 7.3.7.2. France Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.3. France Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.4. France Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.5. France Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8. Italy
- 7.3.8.1. Key Country Dynamics
- 7.3.8.2. Italy Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8.3. Italy Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8.4. Italy Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8.5. Italy Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Pulp & Paper Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 7.4.2. Asia Pacific Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.3. Asia Pacific Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.4. Asia Pacific Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5. China
- 7.4.5.1. Key Country Dynamics
- 7.4.5.2. China Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.3. China Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.4. China Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.5. China Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6. Japan
- 7.4.6.1. Key Country Dynamics
- 7.4.6.2. Japan Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.3. Japan Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.4. Japan Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.5. Japan Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7. India
- 7.4.7.1. Key Country Dynamics
- 7.4.7.2. India Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.3. India Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.4. India Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.5. India Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5. Central & South America
- 7.5.1. Central & South America Pulp & Paper Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.2. Central & South America Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.3. Central & South America Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.4. Central & South America Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5. Brazil
- 7.5.5.1. Key Country Dynamics
- 7.5.5.2. Brazil Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.3. Brazil Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.4. Brazil Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.5. Brazil Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6. Argentina
- 7.5.6.1. Key Country Dynamics
- 7.5.6.2. Argentina Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.3. Argentina Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.4. Argentina Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.5. Argentina Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
- 7.6. Middle East & Africa
- 7.6.1. Middle East & Africa Biofertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 7.6.2. Middle East & Africa Biofertilizers Market Estimates & Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.3. Middle East & Africa Biofertilizers Market Estimates & Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.4. Middle East & Africa Biofertilizers Market Estimates & Forecast, by Crop Type, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Biofertilizers Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning Analysis, 2023
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping
- 8.6. Company Profiles
- 8.6.1. CBF China Bio-Fertilizer AG
- 8.6.1.1. Participant's overview
- 8.6.1.2. Financial performance
- 8.6.1.3. Type benchmarking
- 8.6.1.4. Recent developments
- 8.6.2. Novozymes A/S
- 8.6.2.1. Participant's overview
- 8.6.2.2. Financial performance
- 8.6.2.3. Type benchmarking
- 8.6.2.4. Recent developments
- 8.6.3. AgriLife
- 8.6.3.1. Participant's overview
- 8.6.3.2. Financial performance
- 8.6.3.3. Type benchmarking
- 8.6.3.4. Recent developments
- 8.6.4. Mapleton Agri Biotec
- 8.6.4.1. Participant's overview
- 8.6.4.2. Financial performance
- 8.6.4.3. Type benchmarking
- 8.6.4.4. Recent developments
- 8.6.5. Biomax
- 8.6.5.1. Participant's overview
- 8.6.5.2. Financial performance
- 8.6.5.3. Type benchmarking
- 8.6.5.4. Recent developments
- 8.6.6. Rizobacter Argentina SA
- 8.6.6.1. Participant's overview
- 8.6.6.2. Financial performance
- 8.6.6.3. Type benchmarking
- 8.6.6.4. Recent developments
- 8.6.7. Symborg S.L.
- 8.6.7.1. Participant's overview
- 8.6.7.2. Financial performance
- 8.6.7.3. Type benchmarking
- 8.6.7.4. Recent developments
- 8.6.8. National Fertilizers Ltd.
- 8.6.8.1. Participant's overview
- 8.6.8.2. Financial performance
- 8.6.8.3. Type benchmarking
- 8.6.8.4. Recent developments
- 8.6.9. Lallemand Inc.
- 8.6.9.1. Participant's overview
- 8.6.9.2. Financial performance
- 8.6.9.3. Type benchmarking
- 8.6.9.4. Recent developments
- 8.6.10. Labiofam SA
- 8.6.10.1. Participant's overview
- 8.6.10.2. Financial performance
- 8.6.10.3. Type benchmarking
- 8.6.10.4. Recent developments
- 8.6.11. Sigma Agri-Science, LLC
- 8.6.11.1. Participant's overview
- 8.6.11.2. Financial performance
- 8.6.11.3. Type benchmarking
- 8.6.11.4. Recent developments
- 8.6.12. Agrinos Inc.
- 8.6.12.1. Participant's overview
- 8.6.12.2. Financial performance
- 8.6.12.3. Type benchmarking
- 8.6.12.4. Recent developments
- 8.6.13. Kiwa Bio-Tech Products Group Corporation
- 8.6.13.1. Participant's overview
- 8.6.13.2. Financial performance
- 8.6.13.3. Type benchmarking
- 8.6.13.4. Recent developments