Global Mycorrhizae-based Biofertilizers Market Booming to Cross USD 2.1 Billion by 2031

Published | 21 August 2025

Global Mycorrhizae-based Biofertilizers Market is flourishing because of a global shift toward sustainable farming practices, a heightened focus on improving soil health, and increasing concerns related to food security.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Mycorrhizae-based Biofertilizers Market size at USD 839.24 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Global Mycorrhizae-based Biofertilizers Market size to expand at a robust CAGR of 14.50% reaching a value of USD 2,165.33 million by 2031. The growth of Mycorrhizae-based Biofertilizers Market across the regions is propelled by the rising adoption of sustainable and organic farming practices, a growing preference for chemical-free food, and increasing concerns over the environmental impact and cost of synthetic fertilizers. Mycorrhizae, which are beneficial fungi that enhance plant nutrient absorption and soil health, are gaining traction due to government support, technological advancements, and ongoing research. Despite challenges like high production costs and limited farmer awareness in developing economies, the market's expansion is expected to accelerate in response to global food security concerns and the accelerating shift towards climate-smart agriculture.

Impact of Escalating Geopolitical Tensions on Global Mycorrhizae-based Biofertilizers Market

Intensifying geopolitical tensions could disrupt the growth of Global Mycorrhizae-based Biofertilizers Market. Disruptions in global trade, supply chains, and transportation networks can hinder the availability of essential raw materials and increase production and distribution costs due to rising fuel prices. Furthermore, trade restrictions, sanctions, and currency fluctuations create market uncertainty, potentially limiting cross-border collaboration and investments in sustainable agriculture. These factors collectively restrain the steady growth of the market worldwide.

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North America Leads Global Mycorrhizae-based Biofertilizers Market

North America is the dominant region in Global Mycorrhizae-based Biofertilizers Market and is expected to maintain its leadership position in the market over the forecast period. This is primarily due to a growing emphasis on sustainable agriculture and a strong consumer preference for organic food products, particularly in the United States. Increased disposable income and heightened awareness of the health benefits of organic diets are driving demand for biofertilizer-supported crops. Furthermore, the adoption of modern irrigation and precision farming technologies has accelerated the use of these biofertilizers by enhancing their effectiveness. Favorable government policies that promote organic farming and a rising population also contribute to North America's strong position in shaping the global market.

Competitive Landscape

Major companies in Global Mycorrhizae-based Biofertilizers Market include Novozymes A/S, UPL Limited, Premier Tech Ltd, Plant HealthCare plc, Groundwork BioAg Ltd., Valent BioSciences LLC, Atens-Agrotechnologias Naturales S.L., Lallemand Inc., Agri Life (India) Private Limited, Ezzy BioSciences, Privi Life Sciences, PHMS Technocare, Sikko Industries, Symbiom SRO, Helena Agri-Enterprises, Tainio Biologicals, Vegalab SA, and Coromandel International Limited. The presence of a high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and Global Mycorrhizae-based Biofertilizers Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Mycorrhizae-based Biofertilizers Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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