Biofertilizers Market

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Biofertilizers Market

Biofertilizers Market by Type (Nitrogen Fixing, Phosphate Solubilizing and Mobilizing, Potassium Solubilizing and Mobilizing, and Other Types), by Microorganism (Bacterial Biofertilizers, Mycorrhizal Fungi, Cyanobacteria and Algae, and Other Microbes), by Formulation (Solid or Carrier Based and Liquid), by Application Method (Seed Treatment, Soil Treatment, Foliar Treatment, and Other Methods), and Others – Global Opportunity Analysis and Industry Forecast, 2024–2030

Biofertilizers Market Overview

The global Biofertilizers Market size was valued at USD 2.36 billion in 2024 and is predicted to reach USD 4.58 billion by 2030 with a CAGR of 11.7% from 2025-2030.

Sustainable farming, floriculture and horticulture advancements, and advances in technology are factors propelling market growth. However, expensive production cost, confines their extensive adoption by farmers with a low budget. Furthermore, the leaders, namely, National Fertilizers Limited, Novozymes, Andermatt Biocontrol Inc and others are implementing a variety of measures including product launches to raise product efficacy, enlargement of their global distribution networks, and utilization of sustainable manufacturing practices. On the contrary, the precision agriculture technology creates future opportunity in the market. Being highly optimized at both crop yields and environmental effect minimizes them through synergy into highly effective applications.

 

The Increasing Demand of Sustainable Agriculture Drives the Market Growth

The increasing focus on sustainable agriculture drives the industry of biofertilizers by creating a gradual movement toward eco-friendly and resource-effective agriculture. The Research Institute of Organic Agriculture reported that there are now organic farming activities happening in 188 countries as of June 2024, over 96 million hectares of farmland is being managed by at least 4.5 million farmers to meet the environmentally sustainable demands and organic sales of organic food and beverages during 2022 reached 140.2 billion, thereby accelerating the growth of organic fertilizer industry. 

The Rising Demand of Horticulture and Floriculture Drives the Market Trends

The global horticulture and floriculture also led to the rise of the biofertilizer market, as in both sector quality sustainable inputs are required for an increased crop yield and quality. Flora Culture International reported that exports of ornamental plants worldwide are on the growth trend with 3.9% annual growth in the past five years. With the ever-increasing demand for premium produce and ornamental plants, the mandatory use of biofertilizers allows for the enhancement of good performance with environmental sustainability.

The Demand for Organic Farming Solutions Drives the Demand of the Market

Growing organic farming and chemical-free demand is expected to continue driving biofertilizer adoption. Farmers are equally looking for sustainable solutions in healthy soil conditions and optimizing crop productivity. For example, in July 2024, EnviroKure launched its PhylloZone solution, a groundbreaking biofertilizer that enhances crop profile, delivers high yield and reduces sustainability. This reflects an increasing tendency in the growing alternatives of eco-friendlier solutions for farm input in the biofertilizer market. This supports the expanding trend of more ecological farming solution alternatives in the market for biofertilizer.

High Cost Hinders the Market Growth 

Higher production costs for biofertilizers are a major restraint in its widespread use among farmers with a lower budget.

The Precision Agriculture Technology Creates Future Opportunity in the Market

The precision of agriculture technology presents significant future opportunities in the biofertilizer market. By optimizing crop yields that minimizes environmental impact, these technologies enhance efficiency through targeted applications. Increases in the use of precision farming tools to drive the demand for biofertilizers positions them as one of the main components of contemporary sustainable agricultural systems. 

Market Segmentation and Scope of The Study

The biofertilizers market report is segmented on the basis of type, microorganism, formulation, application method, crop type, and region. Based on type, the market is categorized into nitrogen fixing, phosphate solubilizing and mobilizing, potassium solubilizing and mobilizing, and other types. Based on microorganism, the market is segmented into bacterial biofertilizers, mycorrhizal fungi, cyanobacteria and algae, and other microbes. The bacterial biofertilizers segment is further classified into rhizobium group, azotobacter group, azospirillum group, phosphate solubilizing bacteria group, bacillus group, and pseudomonas group.

Based on formulation, the market is divided into solid or carrier based and liquid biofertilizers. Based on application method, the market is categorized into seed treatment, soil treatment, foliar treatment, and other methods. Based on crop type, the market is segmented into cereals and grains, fruits and vegetables, pulses and oilseeds, and other crops. Regional analysis of all the aforementioned segments covers North America, Europe, Asia-Pacific, and RoW.

 

Geographical Analysis

North America, currently dominates the biofertilizers market share due to progressive agricultural practices and concern for sustainability. The focus in North America on reducing the use of chemicals including fertilizers is highly conducive to biofertilizer adoption. 

In a report by McKinsey, more than 68 percent of farmers adopted reduced or no-till practices, almost half are using variable-rate fertilizer application, and 35 percent have adopted controlled-irrigation methods. These sustainable strategies improve resource use efficiency and conservation of the environment, thereby establishing positive utilization of biofertilizers as part of eco-friendly agricultural systems.

Moreover, the increased fertilizer demand in the region marked a shift toward sustainable inputs, and biofertilizers rose as an environmentally friendly alternative approach to improve crop yields and achieve environmental objectives. According to Statistics Canada, the sales of fertilizers in the country were up 29.1% during the first half of this year and grew over USD 1.36 billion in May compared to the same month last year. As organic fertilizer is gaining popularity as a sustainable substitute, the fertilizers industry is also been growing, that is fuelling the demand of organic fertilizers. 

On the other-hand, Asia-Pacific is growing steadily in the market due to innovative products of biofertilizers that entered into the market and further boosted the growth of the market by increasing crop productivity and providing support for agricultural farming. For instance, the Indian company, KRIBHCO, introduced a new variant of a biofertilizer, KRIBHCO Rhizosuper, to improve soil fertility and increase crop productivity by providing the necessary nutrients to the plants. This launch fits within the fast-increasing trend for sustainable solutions in farming.

Additionally, adoption of biofertilizers is being driven by reduction in the usage of chemical fertilizer and an increase in fertility of the soil due to regional government policies, that are acting as catalysts to the growth of the market. As per food and agriculture organization, the government policies in China is promoting sustainable agriculture, that is propelling the adoption of biofertilizers. The government also launched initiatives such as zero growth in fertilizer use, that strives to cut back on affluence to chemical manufacturers and to include the greener foreign counterparts.

 

Competitive Landscape

Various players in the organic fertilizers sector includes, Novonesis A/S, Corteva Agriscience, Inc., Syngenta Group, BioFirst Group N.V., Bioceres Crop Solutions Corp., Rovensa Next, UPL Limited, Bayer AG, BASF SE, Pivot Bio, Inc., Mosaic Biosciences, Indigo Ag, Inc., Yara International ASA, Lallemand Inc., HELLO NATURE and others. These market players are opting strategies including product launches to maintain their dominance in the market.

For instance, in November 2025, Novonesis A/S expanded its agricultural biologicals portfolio by introducing advanced microbial biofertilizer technologies designed to improve nutrient absorption, enhance soil fertility, and increase crop productivity across multiple farming systems. The company also strengthened its focus on sustainable agriculture by promoting bio-based alternatives that help reduce dependency on synthetic fertilizers while supporting long-term soil health and environmentally responsible farming practices.

Moreover, in October 2025, Corteva Agriscience, Inc. strengthened its biological crop nutrition business through the development of next-generation microbial seed treatment and nitrogen-fixing solutions aimed at improving nutrient efficiency, enhancing plant growth, and supporting sustainable crop production. The initiative further reinforced the company’s strategy of expanding biological agricultural inputs and promoting regenerative farming techniques across major global agricultural markets.

Also, in September 2025, Syngenta Group expanded its sustainable agriculture and biological solutions portfolio by launching innovative microbial biofertilizer products focused on improving nutrient mobilization, optimizing soil microbial activity, and increasing crop resilience against environmental stress. The expansion supported the growing transition toward eco-friendly agricultural practices and reduced chemical fertilizer dependency in commercial farming operations.

Key Benefits

  • The report provides quantitative analysis and estimations of the natural fertilizers market from 2025 to 2030, that assists in identifying the prevailing industry opportunities.

  • The study comprises a deep-dive analysis of the current and future biofertilizers market trends to depict prevalent investment pockets in the market.

  • Information related to key drivers, restraints, and opportunities and their impact on the biofertilizers trend is provided in the report.

  • Competitive analysis of the key players, along with their market share is provided in the report.

  • SWOT analysis and Porters Five Forces model is elaborated on the study.

  • Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Biofertilizers Market Key Segments

By Type

  • Nitrogen Fixing

  • Phosphate Solubilizing and Mobilizing

  • Potassium Solubilizing and Mobilizing

  • Other Types

By Microorganism

  • Bacterial Biofertilizers

    • Rhizobium Group

    • Azotobacter Group

    • Azospirillum Group

    • Phosphate Solubilizing Bacteria Group

    • Bacillus Group

    • Pseudomonas Group

  • Mycorrhizal Fungi

  • Cyanobacteria and Algae

  • Other Microbes

By Formulation

  • Solid or Carrier Based

  • Liquid

By Application Method

  • Seed Treatment

  • Soil Treatment

  • Foliar Treatment

  • Other Methods

By Crop Type

  • Cereals and Grains

  • Fruits and Vegetables

  • Pulses and Oilseeds

  • Other Crops

By Region

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • The UK

    • Germany

    • France        

    • Italy        

    • Spain        

    • Denmark        

    • Netherlands        

    • Finland        

    • Sweden

    • Norway        

    • Russia        

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Indonesia

    • Singapore

    • Taiwan

    • Thailand

    • Rest of Asia-Pacific

  • RoW

    • Latin America

    • Middle East

    • Africa

Key Players

  • Novonesis A/S

  • Corteva Agriscience, Inc.

  • Syngenta Group

  • BioFirst Group N.V.

  • Bioceres Crop Solutions Corp.

  • Rovensa Next

  • UPL Limited

  • Bayer AG

  • BASF SE

  • Pivot Bio, Inc.

  • Mosaic Biosciences

  • Indigo Ag, Inc.

  • Yara International ASA

  • Lallemand Inc.

  • HELLO NATURE

Report Scope and Segmentation:

Parameters

Details

Market Size in 2024

USD 2.36 Billion

Revenue Forecast in 2030

USD 4.58 Billion

Growth Rate

CAGR of 11.7% from 2025 to 2030

Analysis Period

2024–2030

Base Year Considered

2024

Forecast Period

2025–2030

Market Size Estimation

Billion (USD)

Growth Factors

  • The increasing focus on sustainable agriculture drives the market.

  • Global horticulture and floriculture demand also led to the rise of the biofertilizer industry.

  • Growing organic farming solutions is enhancing the growth of the market.

Countries Covered

28

Companies Profiled

15

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent to up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Biofertilizers Market Revenue by 2030 (Billion USD) Biofertilizers Market Segmentation

About the Author

Jayanta Das is a senior research analyst delivering high-impact market intelligence across global markets. He leads comprehensive studies covering market assessment, forecasting, competitive evaluation, regulatory review, and trend analysis. Known for his structured and methodical approach, Jayanta excels at converting complex datasets into clear, decision-ready insights for leadership teams. His work supports strategic planning through credible sourcing, analytical precision, strong validation frameworks, and well-structured, business-focused reporting that enables confident decision-making.

About the Reviewer

Supradip Baul is an accomplished business consultant and strategist with over a decade of rich experience in market intelligence, strategy, technology, and business transformation. His work has included rigorous qualitative and quantitative analysis across multiple industries, helping clients shape investment decisions and long-term roadmaps. Earlier in his career, he was associated with Gartner, where he contributed to industry-leading reports and market share analyses. He has worked with leading global companies and holds an MBA with a dual specialization in Marketing and Finance.

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Frequently Asked Questions

According to the NMSC report, the market is projected to reach USD 4.58 billion by 2030.

As per the NMSC analysis, the anticipated Compound Annual Growth Rate (CAGR) in biofertilizers market is 11.7% during 2025 to 2030.

The growth of the biofertilizers market is restrained by factors such as high costs, limited awareness, inconsistent performance, and competition from chemical fertilizers.

The key players of the biofertilizers market include Novonesis A/S, Corteva Agriscience, Inc., Syngenta Group, BioFirst Group N.V., Bioceres Crop Solutions Corp., Rovensa Next, UPL Limited, Bayer AG, BASF SE, Pivot Bio, Inc., Mosaic Biosciences, Indigo Ag, Inc., Yara International ASA, Lallemand Inc., HELLO NATURE and Others.

Opportunity factors driving the growth of the biofertilizers market include increasing demand for organic food, sustainability trends, advancements in biotechnology, and government support for eco-friendly farming practices.

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