Blueweave
Global Biofertilizers Market

Global Biofertilizers Market

Biofertilizers Market- Global Industry Size, Share, Trend Analysis and Forecast Report, 2018-2028, Segmented By Type (Nitrogen-Fixing Biofertilizers, Phosphate Solubilizing & Mobilizing Biofertilizers, Potassium Solubilizing & Mobilizing Biofertilizers, Other Types), By Crop Type (Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, Other Crops), By Mode Of Application (Soil Treatment, Seed Treatment, Other Modes Of Application), By Form (Liquid Biofertilizers, Carrier-Based Biofertilizers), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA)

  • Published Date: April 2022
  • Report ID: BWC22127
  • Available Format: PDF
  • Page: 193

Report Overview

The global biofertilizers market is growing at a high rate owing to the rising adoption of precision farming and increasing environmental impact of certain agricultural practices such as the use of chemical fertilizers in high volume...

Global Biofertilizers Market- Industry Trends & Forecast Report 2028

The global biofertilizers market was worth USD 2.7 billion in 2021 and is further projected to reach USD 5.7 billion by the year 2028, growing at the CAGR of 11.70% in the forecast period. The growth of the market is attributed to the rising adoption of precision farming and the increasing environmental impact of certain agricultural practices such as the use of chemical fertilizers in high volume. Furthermore, technological advancements in agriculture and increasing demand for high agricultural yields are also emerging as major driving factors for market growth.

Global Biofertilizers Market

Biofertilizers - Overview

Biofertilizers are made from biological waste that consists of living microorganisms. It helps in improving the general soil fertility. Biofertilizers add vitamins via the herbal strategies of nitrogen fixation, solubilizing phosphorus, and stimulating plant boom through the synthesis of growth-promoting materials. The microorganisms in biofertilizers restore the soil's natural nutrient cycle and build soil organic rely on. Biofertilizers provide "eco-friendly '' natural agro-enter. Biofertilizers together with Rhizobium, Azotobacter, Azospirillum, and blue inexperienced algae (BGA) had been in use for a long time.

Global Biofertilizers Market Forecast and Trends

Growth Drivers

Rising Demand For Organic Food

Organic food is the type of food produced with the standards and methods of organic farming, which eliminates the use of chemical fertilizers, hormones, and pollutants. It is gaining huge popularity among health-conscious consumers, especially after the COVID-19 pandemic. The production of organic food involves biofertilizers that act as a replacement for chemical fertilizers. The companies are increasingly launching different organic food types and products, which is anticipated to fuel the demand for biofertilizers to be used in organic food production, in the forecast period.

Favorable Government Policies And Fundings

With increasing environmental consciousness and focus on sustainability, the government of various countries is significantly promoting the production and use of biofertilizers. For instance, the Canada Economic Development for Quebec Regions (CED) has recently granted USD 3 million in financial assistance to the Centre de traitement de la biomasse de la Montérégie which specializes in managing and processing liquid and semi-liquid organic waste and recovers the waste it treats, transforming it into biogas, biofertilizers, and ammonium sulfate.

Restraints

Constraints of Biofertilizers Production Technology

There are certain limitations of biofertilizers that can act as a major restraining factor for its market growth. First of all, biofertilizers have a shorter shelf-life compared to chemical fertilizers. This may be a major loss for the farmers as well as producers as they need proper storage. Moreover, biofertilizers are often plant-specific, which means not every biofertilizer can be used in every plant type, like chemical fertilizers, which may restrain the farmers from shifting towards these agricultural products.

Impact of COVID-19 on Global Biofertilizers Market

The global biofertilizers market was not much affected by the COVID-19 pandemic outbreak. This is because of the strong and deep penetration of local biofertilizers manufacturers. The demand for organic food spiked during the COVID-19 period due to the rising health consciousness among consumers, due to which the production also increased, propelling the demand for biofertilizers in the agriculture industry. Furthermore, the demand for sustainability also emerged during this period, which is anticipated to positively influence the global biofertilizers market in the forecast period.

Global Biofertilizers Market - By Type

Based on type, the global biofertilizers market is segmented into nitrogen-fixing biofertilizers, phosphate solubilizing & mobilizing biofertilizers, potassium solubilizing & mobilizing biofertilizers, and other types. The nitrogen-fixing biofertilizers segment holds the largest share in the global biofertilizers market. These prove to be very beneficial for the crops in boosting soil fertility naturally, allowing farmers to save on synthetic fertilizers. This allows the crops to eliminate the need for chemical fertilizers to grow, yielding healthy and environment friendly output.

Global Biofertilizers Market - By Crop Type

Based on crop types, the global biofertilizers market is segmented into cereals & grains, pulses & oilseeds, fruits & vegetables, and other crops. The cereals and grains segment accounts for the largest market share. The use of biofertilizers for cereals and grains can help in the overall growth and development of crops. Generally, plant growth regulating rhizobacteria is used in non-leguminous crops such as wheat, maize, paddy, etc. The pulses and oilseeds segment is also growing at a high rate.

Global Biofertilizers Market - Regional Insights

Geographically, the global biofertilizers market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. North America dominates the global biofertilizers market owing to the high consciousness towards the use of organic products in agricultural activities. Furthermore, the rising adoption of advanced farming techniques and technologies such as precision farming, biodynamic farming, etc., is another factor influencing the growing demand for biofertilizers in developed countries such as the United States and Canada.

Competitive Landscape

The leading market players of the global biofertilizers market are Novozymes A/S, Symborg SL, Kiwa Bio-Tech Products Group Corporation, Rizobacter Argentina SA, Lallemand Inc., National Fertilizer Ltd, Camson Biotechnologies Limited, National Fertilizer Ltd, Agrinos AS, CBF China Bio-Fertilizer AG, Criyagen Agri & Biotech Pvt Ltd, Biomax Naturals, Mapleton Agri Biotech Pty Limited, Agri Life, Valent BioSciences, Varsha Bioscience and Technology India Pvt Ltd., LKB BioFertilizer, Manidharma Biotech Pvt Ltd, Nutramax Laboratories Inc., and other prominent players.

The global biofertilizers market is highly fragmented and competitive with the presence of many global and regional industry participants. The local players have wide and deeper penetration in the market due to better distribution channels and easy access. The companies constantly launch new products that suit the crop needs of different lands and climatic conditions. Furthermore, the adoption of competitive strategies such as partnerships, mergers, acquisitions, collaborations, etc., is also prominent in this market.

Recent Development

  • In February 2022, Marrone Bio and Cortiva Agriscience announced their agreement under which Corteve will be the exclusive European distributor for Kinsidro Grow, a novel, foliar bionutrient.
  • In January 2022, Kula Bio, a US-based biotechnology research company, announced it have raised USD 50 million in a Series A funding round led by Lowercarbon Capital.

Scope of the Report

Attributes Details
Years Considered Historical data – 2018-2021
Base Year – 2021
Forecast – 2022 – 2028
Facts Covered Revenue in USD Billion
Market Coverage U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia
Product Service/Segmentation By Type, By Crop Type, By Mode Of Application, By Form, By Region
Key Players Novozymes A/S, Symborg SL, Kiwa Bio-Tech Products Group Corporation, Rizobacter Argentina SA, Lallemand Inc., National Fertilizer Ltd, Camson Biotechnologies Limited, National Fertilizer Ltd, Agrinos AS, CBF China Bio-Fertilizer AG, Criyagen Agri & Biotech Pvt Ltd, Biomax Naturals, Mapleton Agri Biotech Pty Limited, Agri Life, Valent BioSciences, Varsha Bioscience and Technology India Pvt Ltd., LKB BioFertilizer, Manidharma Biotech Pvt Ltd, Nutramax Laboratories Inc., and other prominent players.

 

By Type

  • Nitrogen-Fixing Biofertilizers
  • Phosphate Solubilizing & Mobilizing Biofertilizers
  • Potassium Solubilizing & Mobilizing Biofertilizers
  • Other Types

By Crop Type

  • Cereals & Grains
  • Pulses & Oilseeds
  • Fruits & Vegetables
  • Other Crops

By Mode Of Application

  • Soil Treatment
  • Seed Treatment
  • Other Modes Of Application

By Form

  • Liquid Biofertilizers
  • Carrier-Based Biofertilizers

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. Global Biofertilizers Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Technological Landscape/Recent Development
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. Global Biofertilizers Market Overview
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Nitrogen Fixing
        2. Phosphate Solubilizers
        3. Others
      2. By Microorganism
        1. Rhizobium
        2. Azotobacter
        3. Azospirillum
        4. Blue-green Algae
        5. Phosphate Solubilizing Bacteria
        6. Mycorrhiza
        7. Other
      3. By Application
        1. Seed Treatment
        2. Soil Treatment
      4. By Crop Type
        1. Grains and Cereals
        2. Pulses and Oilseeds
        3. Fruits and Vegetables
        4. Plantation Crops
        5. Others
      5. By Region
        1. North America
        2. Europe
        3. The Asia Pacific
        4. Latin America
        5. The Middle East and Africa
  6. North America Biofertilizers Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Microorganism
      3. By Application
      4.  By Crop Type
      5. By Country
        1. United States
        2. Canada
  7. Europe Biofertilizers Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Microorganism
      3. By Application
      4. By Crop Type
      5. By Country
        1. Germany
        2. United Kingdom
        3. Italy
        4. France
        5. Spain
        6. Rest of Europe
  8. The Asia Pacific Biofertilizers Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Microorganism
      3. By Application
      4. By Crop Type
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of Asia Pacific
  9. Latin America Biofertilizers Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Microorganism
      3. By Application
      4. By Crop Type
      5. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
  10. The Middle East & Africa Biofertilizers Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Microorganism
      3. By Application
      4. By Crop Type
      5. By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Rest of Middle East & Africa
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership)
  12. Impact of COVID-19 on Global Biofertilizers Market Industry
  13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1.  Novozymes A/S
    2. Kiwa Bio-Tech Products Group Corporation
    3. Lallemand Inc.

 

    1. Camson Biotechnologies Limited
    2. Agrinos AS
    3. Criyagen Agri & Biotech Pvt Ltd
    4. Mapleton Agri Biotech Pty Limited
    5. Agri Life
    6. Biomax Naturals
    7. CBF China Bio-Fertilizer AG
    8. National Fertilizer Ltd
    9. Rizobacter Argentina SA
    10. Symborg SL
  1. Key Strategic Recommendations

 

*Financial in information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List of Figures

 

Figure 1        Global Biofertilizers Segmentation

Figure 2        Global Biofertilizers Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Global Biofertilizers Market Size, By Value (USD Million), 2018-2028

Figure 5        Global Biofertilizers Market Share, By Type, By Value, 2018-2028

Figure 6        Global Biofertilizers Market Share, By Microorganism, By Value, 2018-2028

Figure 7        Global Biofertilizers Market Share, By Application, By Value, 2018-2028

Figure 8        Global Biofertilizers Market Share, By Crop Type, By Value, 2018-2028

Figure 9        Global Biofertilizers Market Share, By Region, By Value, 2018-2028

Figure 10       North America Biofertilizers Market Size, By Value (USD Million), 2018-2028

Figure 11       North America Biofertilizers Market Share, By Type, By Value, 2018-2028

Figure 12       North America Biofertilizers Market Share, By Microorganism, By Value, 2018-2028

Figure 13       North America Biofertilizers Market Share, By Application, By Value, 2018-2028

Figure 14       North America Biofertilizers Market Share, By Crop Type, By Value, 2018-2028

Figure 15       North America Biofertilizers Market Share, By Country, By Value, 2018-2028

Figure 16       Europe Biofertilizers Market Size, By Value (USD Million), 2018-2028

Figure 17       Europe Biofertilizers Market Share, By Type, By Value, 2018-2028

Figure 18       Europe Biofertilizers Market Share, By Microorganism, By Value, 2018-2028

Figure 19       Europe Biofertilizers Market Share, By Application, By Value, 2018-2028

Figure 20       Europe Biofertilizers Market Share, By Crop Type, By Value, 2018-2028

Figure 21       Europe Biofertilizers Market Share, By Country, By Value, 2018-2028

Figure 22       The Asia-Pacific Biofertilizers Market Size, By Value (USD Million), 2018-2028

Figure 23       The Asia-Pacific Biofertilizers Market Share, By Type, By Value, 2018-2028

Figure 24       The Asia-Pacific Biofertilizers Market Share, By Microorganism, By Value, 2018-2028

Figure 25       The Asia-Pacific Biofertilizers Market Share, By Application, By Value, 2018-2028

Figure 26       The Asia-Pacific Biofertilizers Market Share, By Crop Type, By Value, 2018-2028

Figure 27       The Asia-Pacific Biofertilizers Market Share, By Country, By Value, 2018-2028

Figure 28       Latin America Biofertilizers Market Size, By Value (USD Million), 2018-2028

Figure 29       Latin America Biofertilizers Market Share, By Type, By Value, 2018-2028

Figure 30       Latin America Biofertilizers Market Share, By Microorganism, By Value, 2018-2028

Figure 31       Latin America Biofertilizers Market Share, By Application, By Value, 2018-2028

Figure 32       Latin America Biofertilizers Market Share, By Crop Type, By Value, 2018-2028

Figure 33       Latin America Biofertilizers Market Share, By Country, By Value, 2018-2028

Figure 34       The Middle East & Africa Biofertilizers Market Size, By Value (USD Million), 2018-2028

Figure 35       The Middle East & Africa Biofertilizers Market Share, By Type, By Value, 2018-2028

Figure 36       The Middle East & Africa Biofertilizers Market Share, By Microorganism, By Value, 2018-2028

Figure 37       The Middle East & Africa Biofertilizers Market Share, By Application, By Value, 2018-2028

Figure 38       The Middle East & Africa Biofertilizers Market Share, By Crop Type, By Value, 2018-2028

Figure 39       The Middle East & Africa Biofertilizers Market Share, By Country, By Value, 2018-2028

 

List of Table

 

Table 1         Global Biofertilizers Market Size, By Type, By Value, 2018-2028

Table 2         Global Biofertilizers Market Size, By Microorganism, By Value, 2018-2028

Table 3         Global Biofertilizers Market Size, By Application, By Value, 2018-2028

Table 4         Global Biofertilizers Market Size, By Crop Type, By Value, 2018-2028

Table 5         Global Biofertilizers Market Size, By Region, By Value, 2018-2028

Table 6         North America Biofertilizers Market Size, By Type, By Value, 2018-2028

Table 7         North America Biofertilizers Market Size, By Microorganism, By Value, 2018-2028

Table 8         North America Biofertilizers Market Size, By Application, By Value, 2018-2028

Table 9         North America Biofertilizers Market Size, By Crop Type, By Value, 2018-2028

Table 10        North America Biofertilizers Market Size, By Country, By Value, 2018-2028

Table 11        Europe Biofertilizers Market Size, By Type, By Value, 2018-2028

Table 12        Europe Biofertilizers Market Size, By Microorganism, By Value, 2018-2028

Table 13        Europe Biofertilizers Market Size, By Application, By Value, 2018-2028

Table 14        Europe Biofertilizers Market Size, By Crop Type, By Value, 2018-2028

Table 15        Europe Biofertilizers Market Size, By Country, By Value, 2018-2028

Table 16        The Asia-Pacific Biofertilizers Market Size, By Type, By Value, 2018-2028

Table 17        The Asia-Pacific Biofertilizers Market Size, By Microorganism, By Value, 2018-2028

Table 18        The Asia-Pacific Biofertilizers Market Size, By Application, By Value, 2018-2028

Table 19        The Asia-Pacific Biofertilizers Market Size, By Crop Type, By Value, 2018-2028

Table 20        The Asia-Pacific Biofertilizers Market Size, By Country, By Value, 2018-2028

Table 21        Latin America Biofertilizers Market Size, By Type, By Value, 2018-2028

Table 22        Latin America Biofertilizers Market Size, By Microorganism, By Value, 2018-2028

Table 23        Latin America Biofertilizers Market Size, By Application, By Value, 2018-2028

Table 24        Latin America Biofertilizers Market Size, By Crop Type, By Value, 2018-2028

Table 25        Latin America Biofertilizers Market Size, By Country, By Value, 2018-2028

Table 26        The Middle East & Africa Biofertilizers Market Size, By Type, By Value, 2018-2028

Table 27        The Middle East & Africa Biofertilizers Market Size, By Microorganism, By Value, 2018-2028

Table 28        The Middle East & Africa Biofertilizers Market Size, By Application, By Value, 2018-2028

Table 29        The Middle East & Africa Biofertilizers Market Size, By Crop Type, By Value, 2018-2028

Table 30        The Middle East & Africa Biofertilizers Market Size, By Country, By Value, 2018-2028

Table 31        Latin America Biofertilizers Market Share, By Application, By Value, 2018-2028

Table 32        Latin America Biofertilizers Market Share, By Crop Type, By Value, 2018-2028

Table 33        Latin America Biofertilizers Market Share, By Country, By Value, 2018-2028

Table 34        The Middle East & Africa Biofertilizers Market Size, By Value (USD Million), 2018-2028

Table 35        The Middle East & Africa Biofertilizers Market Share, By Type, By Value, 2018-2028

Table 36        The Middle East & Africa Biofertilizers Market Share, By Microorganism, By Value, 2018-2028

Table 37        The Middle East & Africa Biofertilizers Market Share, By Application, By Value, 2018-2028

Table 38        The Middle East & Africa Biofertilizers Market Share, By Crop Type, By Value, 2018-2028

Table 39        The Middle East & Africa Biofertilizers Market Share, By Country, By Value, 2018-2028

Table 40        Novozymes A/S. Company Overview

Table 41        Novozymes A/S Financial Overview

Table 42        Kiwa Bio-Tech Products Group Corporation Company Overview

Table 43        Kiwa Bio-Tech Products Group Corporation Financial Overview

Table 44        Lallemand Inc. Company Overview

Table 45        Lallemand Inc. Financial Overview

Table 46        Camson Biotechnologies Limited Company Overview

Table 47        Camson Biotechnologies Limited Financial Overview

Table 48        Agrinos AS Company Overview

Table 49        Agrinos AS Financial Overview

Table 50        Criyagen Agri & Biotech Pvt Ltd Company Overview

Table 51        Criyagen Agri & Biotech Pvt Ltd Financial Overview

Table 52        Mapleton Agri Biotech Pty Limited Company Overview

Table 53        Mapleton Agri Biotech Pty Limited Financial Overview

Table 54        Agri Life Company Overview

Table 55        Agri Life Financial Overview

Table 56        Biomax Naturals. Company Overview

Table 57        Biomax Naturals Financial Overview

Table 58        CBF China Bio-Fertilizer AG Overview

Table 59        CBF China Bio-Fertilizer AG Financial Overview

Table 60        National Fertilizer Ltd Company Overview

Table 61        National Fertilizer Ltd Financial Overview

Table 62        Rizobacter Argentina SA. Company Overview

Table 63        Rizobacter Argentina SA Financial Overview

Table 64        Symborg SL Company Overview

Table 65        Symborg SL Financial Overview

 

Market Segmentation

By Type

  • Nitrogen-Fixing Biofertilizers
  • Phosphate Solubilizing & Mobilizing Biofertilizers
  • Potassium Solubilizing & Mobilizing Biofertilizers
  • Other Types

By Crop Type

  • Cereals & Grains
  • Pulses & Oilseeds
  • Fruits & Vegetables
  • Other Crops

By Mode Of Application

  • Soil Treatment
  • Seed Treatment
  • Other Modes Of Application

By Form

  • Liquid Biofertilizers
  • Carrier-Based Biofertilizers

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)
No data available

To request a free sample copy of this report, please complete the form below.

We value your investment and offer free customization with every report to fulfil your exact research needs.

This website is secure and your personal details are safe.