Biofertilizers Market Forecasts to 2028 – Global Analysis By Crop Type (Cereals, Fruits & Vegetables, Pulses, Plantation Crops), Mode of Application (Soil Treatment, Seed Treatment, Land Treatment), and By Geography
According to Stratistics MRC, the Global Biofertilizers Market is accounted for $2.33 billion in 2020 and is expected to reach $6.61 billion by 2028 growing at a CAGR of 13.9% during the forecast period. Factors such as growing organic food industry, increase in awareness pertaining to the need for sustainability, and need for improving soil organic matter are driving the growth of the market. However, high initial investment is hampering the growth of the market.
Biofertilizers are products containing living microbes, which when applied to seed, plant, and soil, stimulate growth by supplying essential nutrients, such as nitrogen, phosphorous, and other mineral nutrients.
Based on the mode of application, the seed treatment segment is anticipated to expand at a rapid pace during the forecast period as it helps to encapsulate small amounts of functional microorganisms on it, which enables the plant to provide nitrogen for the roots, to uptake the nutrients. By geography, North America is going to have high growth during the forecast period which can be attributed to the increasing acceptance of biofertilizers among rural farmers and high adoption of advanced irrigation systems such as drip & sprinkler irrigation.
Some of the key players profiled in the Biofertilizers Market include Novozymes A/S, Chr. Hansen Holding A/S, National Fertilizers Limited, Kiwa Bio-Tech, Vegalab S.A, Nutramax Laboratories, Inc., Rhizobacter Argentina S.A., Madras Fertilizers Limited, Mapleton Agri Biotech Pt Ltd, Lallemand Inc., Kan Biosys, T.Stanes & Company Limited, International Panaacea Limited, Biomax Naturals, Somphytopharma India Limited, Criyagen, Aumgene Biosciences, and Symborg.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 2.33 billion |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
13.9% |
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Predicted 2028 Value: |
USD 6.61 billion |
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Forecast Years: |
2021-2028 |
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Tables, Graphs& Figures |
396 |
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Chapters Covered: |
Type, Crop Type, Mode of Application, Form, Microorganism and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Types Covered:
• Plant Growth Promoting Biofertilizers
• Nitrogen Fixing Biofertilizers
• Potassium Solublizing and Mobilizing Biofertilizers
• Phosphate Solublizing and Mobilizing Biofertilizers
• Compost Biofertilizers
• Other Types
Crop Types Covered:
• Cereals & Grains
• Fruits & Vegetables
• Pulses & Oilseeds
• Plantation Crops
• Legumes
• Cash Crops
• Other Crop Types
Modes of Application Covered:
• Soil Treatment
• Seed Treatment
• Land Treatment
• Set Treatment
• Other Modes of Application
Forms Covered:
• Pure and Mixed Liquid Fermentations
• Solid/Dry
• Powder
• Pellet
• Dispersible Granule
• Carrier-Based
Microorganisms Covered:
• Rhizobium
• Azotobacter
• Phosphate Solubilizing Bacteria
• Cyanobacter/Blue-green Algae
• Azospirillum
• Bacillus
• Aulosira
• Pseudomonas
• Azolla
• Vesicular-Arbuscular Mycorrhiza (VAM)
• Other Microorganisms
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Biofertilizers Market is majorly driven by growing organic food industry, increase in awareness pertaining to the need for sustainability, and need for improving soil organic matter.
The seed treatment segment is growing at a highest CAGR as it helps to encapsulate small amounts of functional microorganisms on it.
North America dominated with a significant market share due to the factors such as increasing acceptance of biofertilizers among rural farmers and high adoption of advanced irrigation systems such as drip & sprinkler irrigation.
Asia Pacific market is growing at a highest CAGR owing to the rising government support for the use of biofertilizers in the region.
Key players in Biofertilizers Market include Novozymes A/S, Chr. Hansen Holding A/S, National Fertilizers Limited, Kiwa Bio-Tech, Vegalab S.A, Nutramax Laboratories, Inc., Rhizobacter Argentina S.A., Madras Fertilizers Limited, Mapleton Agri Biotech Pt Ltd, Lallemand Inc., Kan Biosys, T.Stanes & Company Limited, International Panaacea Limited, Biomax Naturals, Somphytopharma India Limited, Criyagen, Aumgene Biosciences, and Symborg.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Biofertilizers Market, By Type
5.1 Introduction
5.2 Plant Growth Promoting Biofertilizers
5.3 Nitrogen Fixing Biofertilizers
5.4 Potassium Solublizing and Mobilizing Biofertilizers
5.5 Phosphate Solublizing and Mobilizing Biofertilizers
5.6 Compost Biofertilizers
5.7 Other Types
5.7.1 Sulfur Solubilizing Biofertilizers
5.7.2 Boron Solubilizing Biofertilizers
5.7.3 Zinc Solubilizing Biofertilizers
5.7.4 Silica Solubilizing Biofertilizers
6 Global Biofertilizers Market, By Crop Type
6.1 Introduction
6.2 Cereals & Grains
6.2.1 Rice
6.2.2 Wheat
6.2.3 Maize
6.3 Fruits & Vegetables
6.3.1 Banana
6.3.2 Grapes
6.3.3 Tomato
6.3.4 Brinjal
6.3.5 Onion
6.4 Pulses & Oilseeds
6.4.1 Sunflower
6.4.2 Soyabean
6.4.3 Linseed
6.5 Plantation Crops
6.6 Legumes
6.7 Cash Crops
6.8 Other Crop Types
6.8.1 Fiber Crops
6.8.2 Silage & Forage Crops
6.8.3 Turf & Ornamentals
7 Global Biofertilizers Market, By Mode of Application
7.1 Introduction
7.2 Soil Treatment
7.3 Seed Treatment
7.4 Land Treatment
7.5 Set Treatment
7.6 Other Modes of Application
7.6.1 Seedling Root Treatment
7.6.2 Foliar Treatment
7.6.3 Root Dipping
8 Global Biofertilizers Market, By Form
8.1 Introduction
8.2 Pure and Mixed Liquid Fermentations
8.3 Solid/Dry
8.4 Powder
8.5 Pellet
8.6 Dispersible Granule
8.7 Carrier-Based
9 Global Biofertilizers Market, By Microorganism
9.1 Introduction
9.2 Rhizobium
9.3 Azotobacter
9.4 Phosphate Solubilizing Bacteria
9.5 Cyanobacter/Blue-green Algae
9.6 Azospirillum
9.7 Bacillus
9.8 Aulosira
9.9 Pseudomonas
9.10 Azolla
9.11 Vesicular-Arbuscular Mycorrhiza (VAM)
9.12 Other Microorganisms
9.12.1 Anabaena
9.12.2 Nostoc
9.12.3 Tolypothrix
10 Global Biofertilizers Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Novozymes A/S
12.2 Chr. Hansen Holding A/S
12.3 National Fertilizers Limited
12.4 Kiwa Bio-Tech
12.5 Vegalab S.A
12.6 Nutramax Laboratories, Inc.
12.7 Rhizobacter Argentina S.A.
12.8 Madras Fertilizers Limited
12.9 Mapleton Agri Biotech Pt Ltd
12.10 Lallemand Inc.
12.11 Kan Biosys
12.12 T.Stanes & Company Limited
12.13 International Panaacea Limited
12.14 Biomax Naturals
12.15 Somphytopharma India Limited
12.16 Criyagen
12.17 Aumgene Biosciences
12.18 Symborg
List of Tables
1 Global Biofertilizers Market Outlook, By Region (2019-2028) ($MN)
2 Global Biofertilizers Market Outlook, By Type (2019-2028) ($MN)
3 Global Biofertilizers Market Outlook, By Plant Growth Promoting Biofertilizers (2019-2028) ($MN)
4 Global Biofertilizers Market Outlook, By Nitrogen Fixing Biofertilizers (2019-2028) ($MN)
5 Global Biofertilizers Market Outlook, By Potassium Solublizing and Mobilizing Biofertilizers (2019-2028) ($MN)
6 Global Biofertilizers Market Outlook, By Phosphate Solublizing and Mobilizing Biofertilizers (2019-2028) ($MN)
7 Global Biofertilizers Market Outlook, By Compost Biofertilizers (2019-2028) ($MN)
8 Global Biofertilizers Market Outlook, By Other Types (2019-2028) ($MN)
9 Global Biofertilizers Market Outlook, By Sulfur Solubilizing Biofertilizers (2019-2028) ($MN)
10 Global Biofertilizers Market Outlook, By Boron Solubilizing Biofertilizers (2019-2028) ($MN)
11 Global Biofertilizers Market Outlook, By Zinc Solubilizing Biofertilizers (2019-2028) ($MN)
12 Global Biofertilizers Market Outlook, By Silica Solubilizing Biofertilizers (2019-2028) ($MN)
13 Global Biofertilizers Market Outlook, By Crop Type (2019-2028) ($MN)
14 Global Biofertilizers Market Outlook, By Cereals & Grains (2019-2028) ($MN)
15 Global Biofertilizers Market Outlook, By Rice (2019-2028) ($MN)
16 Global Biofertilizers Market Outlook, By Wheat (2019-2028) ($MN)
17 Global Biofertilizers Market Outlook, By Maize (2019-2028) ($MN)
18 Global Biofertilizers Market Outlook, By Fruits & Vegetables (2019-2028) ($MN)
19 Global Biofertilizers Market Outlook, By Banana (2019-2028) ($MN)
20 Global Biofertilizers Market Outlook, By Grapes (2019-2028) ($MN)
21 Global Biofertilizers Market Outlook, By Tomato (2019-2028) ($MN)
22 Global Biofertilizers Market Outlook, By Brinjal (2019-2028) ($MN)
23 Global Biofertilizers Market Outlook, By Onion (2019-2028) ($MN)
24 Global Biofertilizers Market Outlook, By Pulses & Oilseeds (2019-2028) ($MN)
25 Global Biofertilizers Market Outlook, By Sunflower (2019-2028) ($MN)
26 Global Biofertilizers Market Outlook, By Soyabean (2019-2028) ($MN)
27 Global Biofertilizers Market Outlook, By Linseed (2019-2028) ($MN)
28 Global Biofertilizers Market Outlook, By Plantation Crops (2019-2028) ($MN)
29 Global Biofertilizers Market Outlook, By Legumes (2019-2028) ($MN)
30 Global Biofertilizers Market Outlook, By Cash Crops (2019-2028) ($MN)
31 Global Biofertilizers Market Outlook, By Other Crop Types (2019-2028) ($MN)
32 Global Biofertilizers Market Outlook, By Fiber Crops (2019-2028) ($MN)
33 Global Biofertilizers Market Outlook, By Silage & Forage Crops (2019-2028) ($MN)
34 Global Biofertilizers Market Outlook, By Turf & Ornamentals (2019-2028) ($MN)
35 Global Biofertilizers Market Outlook, By Mode of Application (2019-2028) ($MN)
36 Global Biofertilizers Market Outlook, By Soil Treatment (2019-2028) ($MN)
37 Global Biofertilizers Market Outlook, By Seed Treatment (2019-2028) ($MN)
38 Global Biofertilizers Market Outlook, By Land Treatment (2019-2028) ($MN)
39 Global Biofertilizers Market Outlook, By Set Treatment (2019-2028) ($MN)
40 Global Biofertilizers Market Outlook, By Other Modes of Application (2019-2028) ($MN)
41 Global Biofertilizers Market Outlook, By Seedling Root Treatment (2019-2028) ($MN)
42 Global Biofertilizers Market Outlook, By Foliar Treatment (2019-2028) ($MN)
43 Global Biofertilizers Market Outlook, By Root Dipping (2019-2028) ($MN)
44 Global Biofertilizers Market Outlook, By Form (2019-2028) ($MN)
45 Global Biofertilizers Market Outlook, By Pure and Mixed Liquid Fermentations (2019-2028) ($MN)
46 Global Biofertilizers Market Outlook, By Solid/Dry (2019-2028) ($MN)
47 Global Biofertilizers Market Outlook, By Powder (2019-2028) ($MN)
48 Global Biofertilizers Market Outlook, By Pellet (2019-2028) ($MN)
49 Global Biofertilizers Market Outlook, By Dispersible Granule (2019-2028) ($MN)
50 Global Biofertilizers Market Outlook, By Carrier-Based (2019-2028) ($MN)
51 Global Biofertilizers Market Outlook, By Microorganism (2019-2028) ($MN)
52 Global Biofertilizers Market Outlook, By Rhizobium (2019-2028) ($MN)
53 Global Biofertilizers Market Outlook, By Azotobacter (2019-2028) ($MN)
54 Global Biofertilizers Market Outlook, By Phosphate Solubilizing Bacteria (2019-2028) ($MN)
55 Global Biofertilizers Market Outlook, By Cyanobacter/Blue-green Algae (2019-2028) ($MN)
56 Global Biofertilizers Market Outlook, By Azospirillum (2019-2028) ($MN)
57 Global Biofertilizers Market Outlook, By Bacillus (2019-2028) ($MN)
58 Global Biofertilizers Market Outlook, By Aulosira (2019-2028) ($MN)
59 Global Biofertilizers Market Outlook, By Pseudomonas (2019-2028) ($MN)
60 Global Biofertilizers Market Outlook, By Azolla (2019-2028) ($MN)
61 Global Biofertilizers Market Outlook, By Vesicular-Arbuscular Mycorrhiza (VAM) (2019-2028) ($MN)
62 Global Biofertilizers Market Outlook, By Other Microorganisms (2019-2028) ($MN)
63 Global Biofertilizers Market Outlook, By Anabaena (2019-2028) ($MN)
64 Global Biofertilizers Market Outlook, By Nostoc (2019-2028) ($MN)
65 Global Biofertilizers Market Outlook, By Tolypothrix (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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