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Global Biofertilizers Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Biofertilizers Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Biofertilizers Market Size Expected to Be by 2034?
The size of the biofertilizers market has seen a significant surge in recent years. It is expected to expand from $2.52 billion in 2024 to $2.89 billion in 2025 with a compound annual growth rate (CAGR) of 14.9%. Factors that contributed to this growth during the historical period include the robust economic expansion in developing markets, the increasing consumer demand for organic food, an escalating need for agricultural products, and the deployment of precision farming techniques.
In the coming years, the biofertilizers market is projected to experience significant expansion, surging to $5.14 billion in 2029 with a compound annual growth rate (CAGR) of 15.4%. The anticipated growth in this period can be linked to factors such as the heightened attention on organic farming, growing government schemes, an increase in the cost of synthetic fertilizers, and a rising population. Key trends likely to shape this market during the forecast period include the creation of environmentally friendly biofertilizers, innovative product developments, advancements in technology, and strategic collaborations and alliances.
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What Are the Emerging Segments Within the Biofertilizers Market?
The biofertilizers market covered in this report is segmented -
1) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Crop Types
2) 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, Sorghum
2) 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
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What Long-Term Drivers Are Shaping Biofertilizers Market Trends?
The surge in emphasis towards organic farming is anticipated to drive the biofertilizers market's expansion during the forecast period. Organic farming encourages sustainable agricultural methods that value soil vitality, biodiversity, and environmental protection. Biofertilizers, which are products of naturally occurring microbes, are quintessential in improving soil fertility and the accessibility of nutrients, eschewing the use of artificial chemicals or genetically modified organisms. For instance, it was reported in 2023 by Organic Eprints, a globally accessible database for organic food and farming research works, that 191 countries practice organic farming. Additionally, over 76 million hectares of farmland are organically controlled by at least 3.7 million farmers. Consequently, the intensifying attention to organic farming will boost the market in the future.
Who Are the Top Competitors in Key Biofertilizers Market Segments?
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
What Biofertilizers Market Trends Are Gaining Traction Across Different Segments?
Leading entities in the biofertilizers sector are investing in the creation of novel products, including soil-restoring biofertilizers, to improve the condition of the soil and advance sustainable farming practices. These ground-breaking soil-restoring biofertilizers are crafted to boost the health of the soil and foster sustainable agriculture by enhancing the diversity of microbes and the availability of nutrients. For example, Rovensa Next, an European biosolutions venture based in Spain, introduced Wiibio in August 2024. This biofertilizer is intended to enrich the soil microbiota and foster the growth of plants. Relying on the biostimulant strain called Bacillus subtilis, it works to fortify soil health by improving microbial diversity and nutrient availability, ultimately contributing to sustainable farming practices. Wiibio assists in enhancing the yield and quality of crops by bolstering soil vibrancy and endorsing the plant's natural growth cycle. It can be used for a range of crops and is specifically used during the early to middle stages of vegetative cycles and following the harvest in perennial crops.
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Which Regions Are Becoming Hubs for Biofertilizers Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Biofertilizers Market?
2. What is the CAGR expected in the Biofertilizers Market?
3. What Are the Key Innovations Transforming the Biofertilizers Industry?
4. Which Region Is Leading the Biofertilizers Market?
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