Global Biofertilizers Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, and Potassium Solubilizing & Mobilizing

By Form;

Azospirillum, Azotobacter, Mycorrhiza, Phosphate Solubilizing Bacteria, Rhizobium, and Others

By Crop Type;

Cash Crops, Horticultural Crops, and Row Crops

By Mode of Application;

Soil Treatment and Seed Treatment

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn145006525 Published Date: June, 2025 Updated Date: July, 2025

Biofertilizers Market Overview

Biofertilizers Market (USD Million)

Biofertilizers Market was valued at USD 3,435.76 million in the year 2024. The size of this market is expected to increase to USD 7,223.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.2%.


Global Biofertilizers Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 11.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.2 %
Market Size (2024)USD 3,435.76 Million
Market Size (2031)USD 7,223.64 Million
Market ConcentrationLow
Report Pages348
3,435.76
2024
7,223.64
2031

Major Players

  • Gujarat State Fertilizers & Chemicals Ltd
  • Indian Farmers Fertiliser Cooperative Limited
  • Koppert Biological Systems Inc.
  • Symborg Inc.
  • T.Stanes and Company Limited

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Biofertilizers Market

Fragmented - Highly competitive market without dominant players


The biofertilizers market is expanding steadily due to a global push toward more sustainable and environmentally conscious agriculture. With rising concerns about soil degradation and chemical overuse, biofertilizers are becoming a preferred choice for nutrient supplementation. More than 55% of organic farming initiatives now incorporate these biological inputs, highlighting their growing role in fostering greener farming ecosystems.

Cost Efficiency and Environmental Benefits
One of the key strengths of biofertilizers lies in their dual benefits: environmental safety and economic viability. These products help reduce chemical runoff while enhancing soil nutrient levels naturally. Data shows that farms using biofertilizers can cut down on synthetic fertilizer usage by as much as 40%, translating to lower costs and improved environmental outcomes for growers.

Policy Backing and Institutional Incentives
Government-led initiatives and subsidy schemes are accelerating the adoption of biofertilizers. Presently, more than 45% of eco-agricultural programs offer direct or indirect support for their use. Educational efforts and incentive-driven outreach have been critical in informing farmers and encouraging the transition to biologically enriched cultivation methods.

Innovation Driving Market Expansion
The development of advanced microbial strains and crop-specific formulations is paving the way for innovation in this sector. Around 30% of current agricultural R&D is now focused on enhancing biofertilizer technologies, aiming for improved resilience and targeted nutrient delivery. These advancements are expected to further elevate the market's potential in the years to come.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Crop Type
    4. Market Snapshot, By Mode of Application
    5. Market Snapshot, By Region
  4. Biofertilizers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Organic Food
        2. Government Initiatives and Subsidies
        3. Rising Environmental Concerns
        4. Technological Advancements in Biofertilizer Production
      2. Restraints
        1. Limited Awareness and Knowledge
        2. High Cost Compared to Chemical Fertilizers
        3. Limited Shelf Life and Storage Issues
        4. Inconsistent Performance and Efficacy
      3. Opportunities
        1. Increasing Demand for Sustainable Agriculture
        2. Rising Adoption of Organic Farming
        3. Government Support and Incentives
        4. Technological Advancements in Biofertilizer Production
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Biofertilizers Market, By Type, 2021 - 2031 (USD Million)
      1. Nitrogen-Fixing
      2. Phosphate Solubilizing & Mobilizing
      3. Potassium Solubilizing & Mobilizing
    2. Biofertilizers Market, By Form, 2021 - 2031 (USD Million)
      1. Azospirillum
      2. Azotobacter
      3. Mycorrhiza
      4. Phosphate Solubilizing Bacteria
      5. Rhizobium
      6. Others
    3. Biofertilizers Market, By Crop Type, 2021 - 2031 (USD Million)
      1. Cash Crops
      2. Horticultural Crops
      3. Row Crops
    4. Biofertilizers Market, By Mode of Application, 2021 - 2031 (USD Million)
      1. Soil Treatment
      2. Seed Treatment
    5. Biofertilizers Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Bayer AG
      3. Corteva Agriscience
      4. FMC Corporation
      5. Syngenta Group
      6. UPL Limited
      7. Nufarm
      8. Novozymes A/S
      9. Koppert Biological Systems
      10. Certis USA LLC
      11. Marrone Bio Innovations
      12. Sumitomo Chemical Co., Ltd.
      13. Andermatt Biocontrol AG
  7. Analyst Views
  8. Future Outlook of the Market