Biofertilizers Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

Biofertilizers are the substances with microorganisms, when applied to the plant surfaces, soil or to the seed will colonizes the rizhosphere or interior parts of plant and promotes growth. Biofertilizers able to add nutrients through natural process of solubilize phosphorous, fixing atmosphere nitrogen and stimulate plant growth by synthesize the substances. Biofertilizers are the class of agrochemicals which are made of organic materials in major quantities. Now a days farmers are avoiding chemical fertilizers in order to minimize the harmful effects on biodiversity and environment. But synthetic products are still used widely because of the longer life and effectiveness of the products. These biofertilizers are potentially used in soil treatment, root dripping and seed treatment.


Biofertilizers market is expected to gain traction over the forecast period due to rising inclination towards eco-friendly or less hazardous fertilizers. The rapid growth of biofertilizers market is due to an increase in demand for the organic food globally. Furthermore, increase in per-capita income and improved standards of living, growing concern about environment by the impact of the chemical fertilizers, rise in support of the governments to the manufacturers will fuel the growth of biofertilizers market. However, low product efficacy under unfavourable conditions, easy regulatory framework and high demand for the synthetic fertilizers, lack of awareness to the farmers about the benefits and application of biofetilizers are the factors which are hampering the growth of the bio fertilizers market.

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The biofertilizers market is classified on the basis of type, application, form, crop type, microorganism and geography.

Based on the type, the global biofertilizers market is segmented into

• Phosphate-solubilizing
• Nitrogen-fixing
• Potash-mobilizing
• Others (Sulphur-solubilizing biofertilizers boron, and zinc)


Based on the crop type, the global biofertilizers market is segmented into

• Pulses & oilseeds
• Cereals & grains
• Fruits & vegetables
• Others ( fiber crops, turf & ornamentals plantation crops, silage & forage crops)


Based on the microorganism, the global biofertilizers market is segmented into

• Azotobacter
• Rhizobium
• Azospirillum
• Phosphate-solubilizing bacteria
• Cyanobacteria
• Others (aulosira, nostoc azolla, anabaena, and tolypothrix)


Based on the application, the global biofertilizers market is segmented into

• Seed treatment
• Soil treatment
• Others (set treatment, foliar treatment, root dipping, and seedling root treatment)


Based on the form, the global biofertilizers market is segmented into

• Dispersible granule
• Pure & mixed liquid fermentations
• Powder
• Pellet

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Awareness about the environment and growing demand for fertile soil and organic foods are propelling market revenue. Government initiatives such as European Union’s Common Agricultural Policy is promoting bio based product and offering approximately 30 % of total budget as direct green payment for the farmers who are adhering to sustainable agricultural practices. Governments of India and China also undertaken many initiatives in order to educate the farmers regarding usage of biofertilizers to enhance the protection of the crop.

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On the basis of geographical regions, Biofertilizers Market is classified as into five key regions as Europe, Asia- Pacific, North America, Middle East & Africa and Latin America. North America holds the largest share and demand for biofertilizers followed by Europe owing to the favourable regulatory scenario, presence of many developed regions, demand for high yielding crops, high progress in biotechnology especially in fermentation technology etc. Asia Pacific region also holds a significant position in the biofertilizers market due to growing organic food industry, increase in farm expenditures, government initiatives such as campaigns for the awareness regarding biofertilizers and favourable incentive schemes.

Some of the players in Biofertilizers Market are Madras Fertilizers Limited (India), Novozymes A/S (Denmark), National Fertilizers Limited (India), Novozymes A/S (Denmark), Nutramax Laboratories Inc. (U.S.), Rizobacter Argentina S.A. (Argentina), Camson Bio Technologies Limited (India), T. Stanes & Company Limited (India), ujarat State Fertilizers & Chemicals Ltd. (India),Rashtriya Chemicals & Fertilizers Ltd. (India), and Lallemand Inc. (Canada).

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