Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potassium Solubilizing & Mobilizing), Mode of Application (Soil Treatment, Seed Treatment), Form, Crop Type and Region

The biofertilizer market is expected to be valued at USD 2.8 billion in 2022 and USD 5.2 billion by 2028, with a CAGR of 10.9% over the forecast period. Biofertilizers are commonly used in organic farming practices. Biofertilizers have been found to be helpful in terms of crop protection and soil fertility. They increase water retention capacity, boost soil fertility, and improve soil structure and texture. They are primarily used to increase crop yield, fix atmospheric nitrogen, and transform inorganic compounds into organic compounds.

The nitrogen-fixing biofertilizers segment is expected to gain the largest market share in 2022.

Nitrogen-fixing biofertilizers are majorly used across the globe. These biofertilizers help the plant bodies to fix the atmospheric nitrogen. These are mostly used in leguminous crops such as peas, soybean, cowpea, etc. Microorganism such as rhizobium bacteria is highly beneficial in legume crops. Rhizobium converts dinitrogen gas into ammonia, which is then converted into organic substances such as amino acids for the better growth of crops. Apart from this, the growing adoption of advanced agricultural techniques such as drip irrigation and sprinklers is also one of the major factors which is driving the growth of the segment.

The fruits and vegetables segment is projected to account for the largest market share in 2022

The primary factors anticipated to promote the use of biofertilizers in the major producing and exporting regions for fruits and vegetables include increased fruit output, high-quality fruits, decreased input costs, and increased soil organic content. The increase in the production of fruits such as strawberries, apples, grapes, pomegranates, oranges, capsicum, bell pepper, tomato, chilli, etc. is further propelling the market.

The soil treatment segment is forecasted to occupy the largest market share in 2022.

In order to boost plant output and satisfy the rising demand for food production, the use of biofertilizers by soil treatment method has become an essential component of agricultural practise. The soil treatment method assists in raising crop output reduces the use of chemical fertilisers, improves soil fertility, produces better outcomes, and enhances soil quality by 20 to 30%. To improve the microbiome, certain bacteria, fungi, and other microorganisms are added to ploughed soil in the soil treatment method. These species include algae and protozoa.

North American market is projected to gain the largest market share during the forecast period.

North America is the largest market for biofertilizers. This is due to the higher production of fruits and vegetables in the region. In the North American region wheat, barley, corn maize, tomatoes, grapes, pome fruits and stone fruits are the majorly cultivated crops. These crops are also exported to different parts of the world in large quantities. This has led to an increase in the utilization of biofertilizers. The demand for organically grown crops has also fueled the growth of the biofertilizers market in the region.

The Break-up of Primaries:

By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
By Designation: C level - 35%, Director level - 25%, Others - 40%
By Geography: North America- 40%, Asia Pacific - 30%, Europe -20%, South America- 5% and RoW 5%

Research Coverage:

This research report categorizes the biofertilizers market by type (nitrogen-fixing biofertilizers, phosphate solubilizing & mobilizing biofertilizers, potassium solubilizing & mobilizing biofertilizers and other types), by crop type (cereals & grains, pulses & oilseeds, fruits & vegetables, other crop types), by mode of application (soil treatment, seed treatment), by form (liquid and carrier-based), and region (North America, Europe, Asia Pacific, South America, and RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the biofertilizers market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions; key strategies; partnerships, agreements; new product launches, mergers and acquisitions, and recent developments associated with the biofertilizers market. Competitive analysis of upcoming startups in the biofertilizers market ecosystem is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall biofertilizers market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (growth in organic food industry, initiatives by government agencies and increase in awareness pertaining to need for sustainability in modern agriculture, hazards of using chemical fertilizers and increase in environmental concerns, increase in usage of biofertilizers in ranch and private farms, adoption of precision farming and protected agriculture, provision of range of phytohormones, macronutrients, and micronutrients), restraints (environmental and technological constraints, poor infrastructure and high initial investment, absence of well-constructed marketing routes and surrounding infrastructure), opportunities (new target markets: asia pacific & africa, increase in the production and yield of crops, increase in the utilization of liquid biofertilizers and fertigation method), and challenges (lack of awareness and low adoption rate of biofertilizers, unfavourable regulatory standards, supply of counterfeit and less-effective products) influencing the growth of the biofertilizers market

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the biofertilizers market
Market Development: Comprehensive information about lucrative markets - the report analyses the biofertilizers market across varied regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the biofertilizers market
Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like Novozymes (Denmark), UPL (India), Chr. Hansen Holding A/S (Denmark), Syngenta (Switzerland), T.Stanes and Company Limited (India), and Lallemand Inc. (Canada) among others in the biofertilizers market strategies.

1 Introduction

1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
Figure 1 Biofertilizers: Market Segmentation
1.3.1 Inclusions and Exclusions
1.4 Regions Covered
1.5 Years Considered
1.6 Units
1.6.1 Currency (Value Unit)
Table 1 USD Exchange Rates, 2018-2021
1.6.2 Volume Unit
1.7 Stakeholders
1.8 Summary of Changes

2 Research Methodology

2.1 Research Data
Figure 2 Biofertilizers Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primary Interviews
Figure 3 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.2 Market Size Estimation
2.2.1 Biofertilizers Market Size Estimation - Supply Side
2.2.2 Market Size Estimation - Demand Side
Figure 4 Biofertilizers Market: Bottom-Up Approach
2.2.3 Top-Down Approach
Figure 5 Biofertilizers Market: Top-Down Approach
2.3 Growth Rate Forecast Assumptions
2.4 Data Triangulation
Figure 6 Data Triangulation
2.5 Recession Impact Analysis
2.6 Research Assumptions
2.7 Research Limitations & Associated Risks

3 Executive Summary

Table 2 Biofertilizers Market Snapshot, 2023 vs. 2028
Figure 7 Market, by Mode of Application, 2023 vs. 2028 (USD Million)
Figure 8 Market, by Type, 2023 vs. 2028 (USD Million)
Figure 9 Market, by Crop Type, 2023 vs. 2028 (USD Million)
Figure 10 Market, by Form, 2023 vs. 2028 (USD Million)
Figure 11 Market Share (Value), by Region, 2022

4 Premium Insights

4.1 Attractive Opportunities for Biofertilizers Market Players
Figure 12 North America to Account for Largest Market Share During Forecast Period
4.2 Europe: Biofertilizers Market, by Key Function and Country
Figure 13 France and Cereals & Grains Segments Accounted for Largest Respective Shares in 2022
4.3 Biofertilizers Market, by Type, 2023 vs. 2028
Figure 14 Nitrogen-Fixing Biofertilizers to Dominate Market During Forecast Period
4.4 Biofertilizers Market, by Crop Type, 2023 vs. 2028
Figure 15 Fruits & Vegetables to Dominate Market During Forecast Period
4.5 Biofertilizers Market, by Mode of Application, 2023 vs. 2028
Figure 16 Soil Treatment to Account for Largest Market Share During Forecast Period
4.6 Biofertilizers Market, by Form, 2023 vs. 2028
Figure 17 Liquid Form to Dominate Market During Forecast Period
4.7 Biofertilizers Market, by Application and Region, 2023 vs. 2028
Figure 18 North America to Dominate Market During Forecast Period

5 Market Overview

5.1 Introduction
5.2 Macroeconomic Indicators Influencing Biofertilizers Market
5.2.1 Population Growth and Demand for Diverse Food Products
Figure 19 Population Growth Trend, by Region, 1950-2050 (Million)
5.2.2 Increase in Organic Farm Area
Figure 20 Organic Farm Area Growth Trend, by Key Country, 2016-2019 ('000 Ha)
5.2.3 Increase in Production of Fruits & Vegetables
Figure 21 Area Harvested Under Fruits, Vegetables, and Other High-Value Crops, 2015-2019 (Million Ha)
5.3 Market Dynamics
Figure 22 Market Dynamics: Biofertilizers Market
5.3.1 Drivers
5.3.1.1 Growth in Organic Food Industry
Figure 23 Organic Retail Sales, 2016-2019 (USD Million)
Figure 24 Organic Retail Sales, 2017 vs 2018 (USD Million)
Figure 25 Share of Organic Fresh Produce Sales and Volume 1St Quarter, 2021
5.3.1.2 Increase in Awareness of the Need for Sustainable in Modern Agriculture Methods
5.3.1.3 Hazards of Using Chemical Fertilizers and Increase in Environmental Concerns
5.3.1.4 Increase in Usage of Biofertilizers in Ranch and Private Farms
Figure 26 Growth Trends of Organic Producers, 2016-2019
5.3.1.5 Adoption of Precision Farming and Protected Agriculture
5.3.1.6 Provision of Range of Phytohormones, Macronutrients, and Micronutrients
5.3.2 Restraints
5.3.2.1 Environmental and Technological Constraints
5.3.2.2 Poor Infrastructure and High Initial Investment
5.3.2.3 Absence of Well-Constructed Marketing Routes and Surrounding Infrastructure
5.3.3 Opportunities
5.3.3.1 New Target Markets: Asia-Pacific & Africa
5.3.3.2 Increase in Production and Yield of Crops
5.3.3.3 Increase in Utilization of Liquid Biofertilizers and Fertigation Method
5.3.4 Challenges
5.3.4.1 Lack of Awareness and Low Adoption Rate of Biofertilizers
5.3.4.2 Unfavorable Regulatory Standards
5.3.4.3 Supply of Counterfeit and Less-Effective Products

6 Industry Trends

6.1 Introduction
6.2 Value Chain Analysis
Figure 27 Value Chain Analysis of Biofertilizers Market
6.3 Supply Chain Analysis
6.3.1 Prominent Companies
6.3.2 Small and Medium Enterprises (SME)
6.3.3 End-users
6.3.4 Key Influencers
Figure 28 Biofertilizers Market: Supply Chain
6.4 Technology Analysis
6.4.1 Technological Advancements for Liquid Bio-Fertilizers
6.5 Price Trend Analysis
6.5.1 Average Selling Prices, by Type
Figure 29 Global Average Selling Prices, by Type
Table 3 Biofertilizers: Average Selling Price (ASP), by Region, 2020-2022 (USD/Ton)
Table 4 Biofertilizers: Average Selling Price (ASP), by Type, 2020-2022 (USD/Ton)
6.6 Market Mapping and Ecosystem Analysis
6.6.1 Supply-Side Analysis
6.6.2 Demand-Side Analysis
Figure 30 Biofertilizers Market Mapping
Table 5 Biofertilizers Market: Supply Chain Ecosystem
6.7 Trends/Disruptions Impacting Customer's Business
Figure 31 Trends/Disruptions Impacting Customer's Business
6.8 Trade Analysis
Table 6 Export Value of Animal or Vegetable Fertilizers, by Key Country, 2021
Table 7 Import Value of Animal or Vegetable Fertilizers, by Key Country, 2021
Table 8 Export Value of Animal or Vegetable Fertilizers, by Key Country, 2020
Table 9 Import Value of Animal or Vegetable Fertilizers, by Key Country, 2020
Table 10 Export Value of Animal or Vegetable Fertilizers, by Key Country, 2019
Table 11 Import Value of Animal or Vegetable Fertilizers, by Key Country, 2019
6.9 Patent Analysis
Figure 32 Patents Granted for Biofertilizers Market, 2012-2022
Figure 33 Regional Analysis of Patent Granted for Biofertilizers Market, 2012-2022
Table 12 Patents Pertaining to Biofertilizers, 2020-2022
6.10 Porter's Five Forces Analysis
Table 13 Biofertilizers Market: Porter's Five Forces Analysis
6.10.1 Intensity of Competitive Rivalry
6.10.2 Bargaining Power of Suppliers
6.10.3 Bargaining Power of Buyers
6.10.4 Threat of Substitutes
6.10.5 Threat of New Entrants
6.11 Case Studies
Table 14 Identification of Market Opportunities for Biofertilizers in North America
Table 15 High Adoption of Organic Growth Strategies by Key Players
6.12 Key Conferences and Events
Table 16 Key Conferences and Events in Biofertilizers Market, 2023
6.13 Tariff and Regulatory Landscape
Table 17 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 18 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 19 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 20 South America: Regulatory Bodies, Government Agencies, and Other Organizations
6.14 Regulatory Framework
6.14.1 North America
6.14.1.1 US
6.14.1.2 Canada
6.14.2 Europe
6.14.2.1 Spain
6.14.2.2 Italy
6.14.3 Asia-Pacific
6.14.3.1 China
6.14.3.2 Australia
Table 21 Environmental Study Issues to be Considered in Application
6.14.3.3 India
6.14.4 South America
6.14.4.1 Brazil
6.15 Key Stakeholders and Buying Criteria
6.15.1 Key Stakeholders in Buying Process
Figure 34 Influence of Stakeholders on Buying Process for Key Type
Table 22 Influence of Stakeholders on Buying Process for the Top Three Types
6.15.2 Buying Criteria
Table 23 Key Criteria for Selecting Suppliers/Vendors
Figure 35 Key Criteria for Selecting Suppliers/Vendors

7 Biofertilizers Market, by Type

7.1 Introduction
Table 24 Rhizobacteria Used in the Production of Biofertilizers, and Their Impact on Plant Productivity
Figure 36 Nitrogen-Fixing Biofertilizers Segment to Dominate Market During Forecast Period
Table 25 Biofertilizers Market, by Type, 2018-2022 (USD Million)
Table 26 Market, by Type, 2023-2028 (USD Million)
Table 27 Biofertilizers Market, by Type, 2018-2022 (Kt)
Table 28 Market, by Type, 2023-2028 (Kt)
7.2 Nitrogen-Fixing Biofertilizers
7.2.1 Nitrogen-Fixing Biofertilizers to Enhance Agricultural Productivity
Table 29 Nitrogen-Fixing Biofertilizers Market, by Region, 2018-2022 (USD Million)
Table 30 Market for Nitrogen-Fixing Biofertilizers, by Region, 2023-2028 (USD Million)
Table 31 Market for Nitrogen-Fixing Biofertilizers, by Region, 2018-2022 (Kt)
Table 32 Market for Nitrogen-Fixing Biofertilizers, by Region, 2023-2028 (Kt)
7.3 Phosphate Solubilizing & Mobilizing Biofertilizers
7.3.1 Low Availability of Phosphorus in Soil to Impact Growth of Plants
Table 33 Phosphate Solubilizing & Mobilizing Biofertilizers Market, by Region, 2018-2022 (USD Million)
Table 34 Market for Phosphate Solubilizing & Mobilizing Biofertilizers, by Region, 2023-2028 (USD Million)
Table 35 Market for Phosphate Solubilizing & Mobilizing Biofertilizers, by Region, 2018-2022 (Kt)
Table 36 Market for Phosphate Solubilizing & Mobilizing Biofertilizers, by Region, 2023-2028 (Kt)
7.4 Potassium Solubilizing & Mobilizing Biofertilizers
7.4.1 Higher Adoption of Carrier-based Potash Solubilizing Biofertilizers for Better Yields
Table 37 Potassium Solubilizing & Mobilizing Biofertilizers Market, by Region, 2018-2022 (USD Million)
Table 38 Market for Potassium Solubilizing & Mobilizing Biofertilizers, by Region, 2023-2028 (USD Million)
Table 39 Market for Potassium Solubilizing & Mobilizing Biofertilizers, by Region, 2018-2022 (Kt)
Table 40 Market for Potassium Solubilizing & Mobilizing Biofertilizers, by Region, 2023-2028 (Kt)
7.5 Other Types
Table 41 Other Biofertilizers Types Market, by Region, 2018-2022 (USD Million)
Table 42 Other Biofertilizer Types Market, by Region, 2023-2028 (USD Million)
Table 43 Other Biofertilizers Types Market, by Region, 2018-2022 (Kt)
Table 44 Other Biofertilizer Types Market, by Region, 2023-2028 (Kt)

8 Biofertilizers Market, by Crop Type

8.1 Introduction
Figure 37 Cereals & Grains Segment to Dominate Market During Forecast Period
Table 45 Biofertilizers Market, by Crop Type, 2018-2022 (USD Million)
Table 46 Market, by Crop Type, 2023-2028 (USD Million)
8.2 Cereals & Grains
8.2.1 Sustainable Benefits of Biofertilizers to Drive Demand for Cereal Crops
Table 47 Cereals & Grains: Market for Biofertilizers, by Region, 2018-2022 (USD Million)
Table 48 Cereals & Grains: Market, by Region, 2023-2028 (USD Million)
8.3 Pulses & Oilseeds
8.3.1 Technological Advancements to Enhance Pulse Production Quality
Table 49 Pulses and Oilseeds: Market for Biofertilizers, by Region, 2018-2022 (USD Million)
Table 50 Pulses and Oilseeds: Market, by Region, 2023-2028 (USD Million)
8.4 Fruits & Vegetables
8.4.1 Stringent Regulations to Increase Use of Biological Inputs
Table 51 Fruits & Vegetables: Biofertilizers Market, by Region, 2018-2022 (USD Million)
Table 52 Fruits & Vegetables: Market, by Region, 2023-2028 (USD Million)
8.5 Other Crop Types
Table 53 Other Crop Types: Market for Biofertilizers, by Region, 2018-2022 (USD Million)
Table 54 Other Crop Types: Market, by Region, 2023-2028 (USD Million)

9 Biofertilizers Market, by Mode of Application

9.1 Introduction
Figure 38 Soil Treatment Segment to Dominate Market During Forecast Period
Table 55 Biofertilizers Market, by Mode of Application, 2018-2022 (USD Million)
Table 56 Market, by Mode of Application, 2023-2028 (USD Million)
9.2 Soil Treatment
9.2.1 Conventional Agricultural Practices to Encourage Soil Treatment with the Use of Biofertilizers in Asia-Pacific
Table 57 Soil Treatment: Market for Biofertilizers, by Region, 2018-2022 (USD Million)
Table 58 Soil Treatment: Market, by Region, 2023-2028 (USD Million)
9.3 Seed Treatment
9.3.1 Seed Treatment to Improve Uptake of Nutrients
Table 59 Seed Treatment: Market for Biofertilizers, by Region, 2018-2022 (USD Million)
Table 60 Seed Treatment: Market, by Region, 2023-2028 (USD Million)
9.4 Other Modes of Application
9.4.1 Foliar Treatment to Provide Faster Results for Nutritional Deficiencies
Table 61 Other Modes of Application: Biofertilizers Market, by Region, 2018-2022 (USD Million)
Table 62 Other Modes of Application: Market, by Region, 2023-2028 (USD Million)

10 Biofertilizers Market, by Form

10.1 Introduction
Figure 39 Liquid Segment to Dominate Market During Forecast Period
Table 63 Biofertilizers Market, by Form, 2018-2022 (USD Million)
Table 64 Market, by Form, 2023-2028 (USD Million)
10.2 Liquid Biofertilizers
10.2.1 Increase in Tolerance Limits of Liquid Biofertilizers to Drive Demand
Table 65 Liquid: Market for Biofertilizers, by Region, 2018-2022 (USD Million)
Table 66 Liquid: Market, by Region, 2023-2028 (USD Million)
10.3 Carrier-based Biofertilizers
10.3.1 Low Shelf Life to Inhibit Market Growth
Table 67 Carrier-based: Market for Biofertilizers, by Region, 2018-2022 (USD Million)
Table 68 Carrier-based: Market, by Region, 2023-2028 (USD Million)

11 Biofertilizers Market, by Microorganism

11.1 Introduction
11.2 Rhizobium
11.3 Azospirillum
11.4 Azotobacter
11.5 Other Types of Microorganisms

12 Biofertilizers Market, by Region

12.1 Introduction
Figure 40 Spain is Projected to Witness Highest Growth Rate Among Country-Level Markets
Table 69 Market for Biofertilizers, by Region, 2018-2022 (USD Million)
Table 70 Market, by Region, 2023-2028 (USD Million)
Table 71 Market, by Region, 2018-2022 (Kt)
Table 72 Market, by Region, 2023-2028 (Kt)
12.2 North America
Figure 41 North America: Regional Snapshot
12.2.1 Recession Impact Analysis
Figure 42 North America: Recession Impact Analysis Snapshot
Table 73 North America: Biofertilizers Market, by Country, 2018-2022 (USD Million)
Table 74 North America: Market, by Country, 2023-2028 (USD Million)
Table 75 North America: Market, by Type, 2018-2022 (USD Million)
Table 76 North America: Market, by Type, 2023-2028 (USD Million)
Table 77 North America: Market, by Type, 2018-2022 (Kt)
Table 78 North America: Market, by Type, 2023-2028 (Kt)
Table 79 North America: Market, by Crop Type, 2018-2022 (USD Million)
Table 80 North America: Market, by Crop Type, 2023-2028 (USD Million)
Table 81 North America: Market, by Mode of Application, 2018-2022 (USD Million)
Table 82 North America: Market, by Mode of Application, 2023-2028 (USD Million)
Table 83 North America: Market, by Form, 2018-2022 (USD Million)
Table 84 North America: Market, by Form, 2023-2028 (USD Million)
12.2.2 US
12.2.2.1 Strengthening Supply Channels of Organic Products for Food Industries to Drive Demand for Biofertilizers
Table 85 US: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 86 US: Market, by Type, 2023-2028 (USD Million)
Table 87 US: Market, by Crop Type, 2018-2022 (USD Million)
Table 88 US: Market, by Crop Type, 2023-2028 (USD Million)
12.2.3 Canada
12.2.3.1 Rise in Organic Farmlands to Encourage Biofertilizer Manufacturers to Increase Production Capacity
Table 89 Canada: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 90 Canada: Market, by Type, 2023-2028 (USD Million)
Table 91 Canada: Market, by Crop Type, 2018-2022 (USD Million)
Table 92 Canada: Market, by Crop Type, 2023-2028 (USD Million)
12.2.4 Mexico
12.2.4.1 Rise in Exports of Fruits & Vegetables to Increase Adoption of Biofertilizers Among Small Organic Producers
Table 93 Mexico: Biofertilizers Market, by Type, 2018-2022 (USD Million)
Table 94 Mexico: Market, by Type, 2023-2028 (USD Million)
Table 95 Mexico: Market, by Crop Type, 2018-2022 (USD Million)
Table 96 Mexico: Market, by Crop Type, 2023-2028 (USD Million)
12.3 Europe
Figure 43 Europe: Biofertilizers Market Snapshot
12.3.1 Recession Impact Analysis
Figure 44 Europe: Biofertilizers Market Recession Impact Analysis Snapshot
Table 97 Europe: Market, by Country, 2018-2022 (USD Million)
Table 98 Europe: Market, by Country, 2023-2028 (USD Million)
Table 99 Europe: Market, by Type, 2018-2022 (USD Million)
Table 100 Europe: Market, by Type, 2023-2028 (USD Million)
Table 101 Europe: Market, by Type, 2018-2022 (Kt)
Table 102 Europe: Market, by Type, 2023-2028 (Kt)
Table 103 Europe: Market, by Crop Type, 2018-2022 (USD Million)
Table 104 Europe: Market, by Crop Type, 2023-2028 (USD Million)
Table 105 Europe: Market, by Mode of Application, 2018-2022 (USD Million)
Table 106 Europe: Market, by Mode of Application, 2023-2028 (USD Million)
Table 107 Europe: Market, by Form, 2018-2022 (USD Million)
Table 108 Europe: Market, by Form, 2023-2028 (USD Million)
12.3.2 Germany
12.3.2.1 Early Adoption of EU Agricultural Standards and Policies to Drive Growth of Nitrogen-Fixing Biofertilizers Market
Table 109 Germany: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 110 Germany: Market, by Type, 2023-2028 (USD Million)
Table 111 Germany: Market, by Crop Type, 2018-2022 (USD Million)
Table 112 Germany: Market, by Crop Type, 2023-2028 (USD Million)
12.3.3 France
12.3.3.1 Need for Sustainable Crop Production to Encourage Farmers to Opt for Organic Practices
Table 113 France: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 114 France: Market, by Type, 2023-2028 (USD Million)
Table 115 France: Market, by Crop Type, 2018-2022 (USD Million)
Table 116 France: Market, by Crop Type, 2023-2028 (USD Million)
12.3.4 Italy
12.3.4.1 Government Initiatives to Provide Financial Support to Farmers
Table 117 Italy: Biofertilizers Market, by Type, 2018-2022 (USD Million)
Table 118 Italy: Market, by Type, 2023-2028 (USD Million)
Table 119 Italy: Market, by Crop Type, 2018-2022 (USD Million)
Table 120 Italy: Market, by Crop Type, 2023-2028 (USD Million)
12.3.5 Spain
12.3.5.1 Increase in R&D Activities to Provide Innovative Products
Table 121 Spain: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 122 Spain: Market, by Type, 2023-2028 (USD Million)
Table 123 Spain: Market, by Crop Type, 2018-2022 (USD Million)
Table 124 Spain: Market, by Crop Type, 2023-2028 (USD Million)
12.3.6 UK
12.3.6.1 Increased Awareness Pertaining to Need for Sustainable Farming Practices
Table 125 UK: Biofertilizers Market, by Type, 2018-2022 (USD Million)
Table 126 UK: Market, by Type, 2023-2028 (USD Million)
Table 127 UK: Market, by Crop Type, 2018-2022 (USD Million)
Table 128 UK: Market, by Crop Type, 2023-2028 (USD Million)
12.3.7 Russia
12.3.7.1 Increased Focus on Production Capacity of Biofertilizers Among Agri-Input Players
Table 129 Russia: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 130 Russia: Market, by Type, 2023-2028 (USD Million)
Table 131 Russia: Market, by Crop Type, 2018-2022 (USD Million)
Table 132 Russia: Market, by Crop Type, 2023-2028 (USD Million)
12.3.8 Netherlands
12.3.8.1 Biological Inputs to Witness Increase in Application in Greenhouse Cultivation
Table 133 Netherlands: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 134 Netherlands: Market, by Type, 2023-2028 (USD Million)
Table 135 Netherlands: Market, by Crop Type, 2018-2022 (USD Million)
Table 136 Netherlands: Market, by Crop Type, 2023-2028 (USD Million)
12.3.9 Rest of Europe
12.3.9.1 High Focus on Increasing Production Capacity of Biofertilizers Among Agri-Input Players
Table 137 Rest of Europe: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 138 Rest of Europe: Market, by Type, 2023-2028 (USD Million)
Table 139 Rest of Europe: Market, by Crop Type, 2018-2022 (USD Million)
Table 140 Rest of Europe: Market, by Crop Type, 2023-2028 (USD Million)
12.3.10 Asia-Pacific
12.3.11 Recession Impact Analysis
Figure 45 Asia-Pacific: Biofertilizers Market Recession Impact Analysis Snapshot
Table 141 Asia-Pacific: Market, by Country, 2018-2022 (USD Million)
Table 142 Asia-Pacific: Market, by Country, 2023-2028 (USD Million)
Table 143 Asia-Pacific: Market, by Type, 2018-2022 (USD Million)
Table 144 Asia-Pacific: Market, by Type, 2023-2028 (USD Million)
Table 145 Asia-Pacific: Market, by Type, 2018-2022 (Kt)
Table 146 Asia-Pacific: Market, by Type, 2023-2028 (Kt)
Table 147 Asia-Pacific: Market, by Crop Type, 2018-2022 (USD Million)
Table 148 Asia-Pacific: Market, by Crop Type, 2023-2028 (USD Million)
Table 149 Asia-Pacific: Market, by Mode of Application, 2018-2022 (USD Million)
Table 150 Asia-Pacific: Market, by Mode of Application, 2023-2028 (USD Million)
Table 151 Asia-Pacific: Market, by Form, 2018-2022 (USD Million)
Table 152 Asia-Pacific: Market, by Form, 2023-2028 (USD Million)
12.3.11.1 India
Table 153 India: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 154 India: Market, by Type, 2023-2028 (USD Million)
Table 155 India: Market, by Crop Type, 2018-2022 (USD Million)
Table 156 India: Market, by Crop Type, 2023-2028 (USD Million)
12.3.12 Japan
12.3.12.1 Increase in Focus on Rice Production Using Both Traditional and Modern Practices to Drive Demand
Table 157 Japan: Biofertilizers Market, by Type, 2018-2022 (USD Million)
Table 158 Japan: Market, by Type, 2023-2028 (USD Million)
Table 159 Japan: Market, by Crop Type, 2018-2022 (USD Million)
Table 160 Japan: Market, by Crop Type, 2023-2028 (USD Million)
12.3.12.2 China
Table 161 China: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 162 China: Market, by Type, 2023-2028 (USD Million)
Table 163 China: Market, by Crop Type, 2018-2022 (USD Million)
Table 164 China: Market, by Crop Type, 2023-2028 (USD Million)
12.3.12.3 Thailand
Table 165 Thailand: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 166 Thailand: Market, by Type, 2023-2028 (USD Million)
Table 167 Thailand: Market, by Crop Type, 2018-2022 (USD Million)
Table 168 Thailand: Market, by Crop Type, 2023-2028 (USD Million)
12.3.12.4 Australia
Table 169 Australia: Biofertilizers Market, by Type, 2018-2022 (USD Million)
Table 170 Australia: Market, by Type, 2023-2028 (USD Million)
Table 171 Australia: Market, by Crop Type, 2018-2022 (USD Million)
Table 172 Australia: Market, by Crop Type, 2023-2028 (USD Million)
12.3.12.5 Indonesia
Table 173 Indonesia: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 174 Indonesia: Market, by Type, 2023-2028 (USD Million)
Table 175 Indonesia: Market, by Crop Type, 2018-2022 (USD Million)
Table 176 Indonesia: Market, by Crop Type, 2023-2028 (USD Million)
12.3.13 Rest of Asia-Pacific
12.3.13.1 Increasing Awareness Regarding Sustainable Farming Practices to Drive Market
Table 177 Rest of Asia-Pacific: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 178 Rest of Asia-Pacific: Market, by Type, 2023-2028 (USD Million)
Table 179 Rest of Asia-Pacific: Market, by Crop Type, 2018-2022 (USD Million)
Table 180 Rest of Asia-Pacific: Market, by Crop Type, 2023-2028 (USD Million)
12.3.14 South America
12.3.15 Recession Impact Analysis
Figure 46 South America: Biofertilizers Market Recession Impact Analysis Snapshot
Table 181 South America: Market, by Country, 2018-2022 (USD Million)
Table 182 South America: Market, by Country, 2023-2028 (USD Million)
Table 183 South America: Market, by Type, 2018-2022 (USD Million)
Table 184 South America: Market, by Type, 2023-2028 (USD Million)
Table 185 South America: Market, by Type, 2018-2022 (Kt)
Table 186 South America: Market, by Type, 2023-2028 (Kt)
Table 187 South America: Market, by Crop Type, 2018-2022 (USD Million)
Table 188 South America: Market, by Crop Type, 2023-2028 (Million)
Table 189 South America: Market, by Mode of Application, 2018-2022 (USD Million)
Table 190 South America: Market, by Mode of Application, 2023-2028 (USD Million)
Table 191 South America: Market, by Form, 2018-2022 (USD Million)
Table 192 South America: Market, by Form, 2023-2028 (USD Million)
12.3.15.1 Brazil
Table 193 Brazil: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 194 Brazil: Market, by Type, 2023-2028 (USD Million)
Table 195 Brazil: Market, by Crop Type, 2018-2022 (USD Million)
Table 196 Brazil: Market, by Crop Type, 2023-2028 (USD Million)
12.3.16 Argentina
12.3.16.1 High Market Penetration with Help of Local Companies
Table 197 Argentina: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 198 Argentina: Market, by Type, 2023-2028 (USD Million)
Table 199 Argentina: Market, by Crop Type, 2018-2022 (USD Million)
Table 200 Argentina: Market, by Crop Type, 2023-2028 (USD Million)
12.3.17 Rest of South America
12.3.17.1 Biofertilizers to be Used as Agricultural Solutions for Enhancing Crop Productivity
Table 201 Rest of South America: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 202 Rest of South America: Market, by Type, 2023-2028 (USD Million)
Table 203 Rest of South America: Market, by Crop Type, 2018-2022 (USD Million)
Table 204 Rest of South America: Market, by Crop Type, 2023-2028 (USD Million)
12.3.18 RoW
12.3.19 Recession Impact Analysis
Figure 47 RoW: Biofertilizers Market Recession Impact Analysis Snapshot
Table 205 RoW: Market, by Region, 2018-2022 (USD Million)
Table 206 RoW: Market, by Region, 2023-2028 (USD Million)
Table 207 RoW: Market, by Type, 2018-2022 (USD Million)
Table 208 RoW: Market, by Type, 2023-2028 (USD Million)
Table 209 RoW: Market, by Type, 2018-2022 (Kt)
Table 210 RoW: Market, by Type, 2023-2028 (Kt)
Table 211 RoW: Market, by Crop Type, 2018-2022 (USD Million)
Table 212 RoW: Market, by Crop Type, 2023-2028 (USD Million)
Table 213 RoW: Market, by Mode of Application, 2018-2022 (USD Million)
Table 214 RoW: Market, by Mode of Application, 2023-2028 (USD Million)
Table 215 RoW: Market, by Form, 2018-2022 (USD Million)
Table 216 RoW: Market, by Form, 2023-2028 (USD Million)
12.3.20 Africa
Table 217 Africa: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 218 Africa: Market, by Type, 2023-2028 (USD Million)
Table 219 Africa: Market, by Crop Type, 2018-2022 (USD Million)
Table 220 Africa: Market, by Crop Type, 2023-2028 (USD Million)
12.3.21 Middle East
Table 221 Middle East: Market for Biofertilizers, by Type, 2018-2022 (USD Million)
Table 222 Middle East: Market, by Type, 2023-2028 (USD Million)
Table 223 Middle East: Market, by Crop Type, 2018-2022 (USD Million)
Table 224 Middle East: Market, by Crop Type, 2023-2028 (USD Million)

13 Competitive Landscape

13.1 Overview
13.2 Strategies Adopted by Key Players
13.3 Market Share Analysis
Table 225 Biofertilizers Market: Degree of Competition
13.4 Company Revenue Analysis of Key Players, 2020-2022
Figure 48 Revenue Analysis of Key Players, 2020-2022 (USD Million)
13.5 Company Evaluation Quadrant (Key Players)
13.5.1 Stars
13.5.2 Emerging Leaders
13.5.3 Pervasive Players
13.5.4 Participants
Figure 49 Biofertilizers Market, Company Evaluation Quadrant, 2022 (Key Players)
13.5.5 Product Footprint
Table 226 Biofertilizers: Type Footprint of Key Players
Table 227 Biofertilizers: Form Footprint of Key Players
Table 228 Biofertilizers: Mode of Application Footprint of Key Players
Table 229 Biofertilizers: Region Footprint of Key Players
Table 230 Biofertilizers: Overall Footprint of Key Players
13.6 Start-Up/SME Evaluation Quadrant (Other Players)
13.6.1 Progressive Companies
13.6.2 Starting Blocks
13.6.3 Responsive Companies
13.6.4 Dynamic Companies
Figure 50 Biofertilizers Market: Company Evaluation Quadrant, 2022 (Other Players)
13.6.5 Competitive Benchmarking of Other Players
Table 231 Detailed List of Other Players
Table 232 Competitive Benchmarking (Other Players), 2021
13.7 Competitive Scenario
13.7.1 Product Launches
Table 233 Market for Biofertilizers: Product Launches, 2018-2022
13.7.2 Deals
Table 234 Biofertilizers Market: Deals, 2018- 2022
13.7.3 Others
Table 235 Market for Biofertilizers: Others, 2018-2022

14 Company Profiles

Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View
14.1 Key Players
14.1.1 Novozymes
Table 236 Novozymes: Business Overview
Figure 51 Novozymes: Company Snapshot
Table 237 Novozymes: Product Launches
Table 238 Novozymes: Deals
Table 239 Novozymes: Others
14.1.2 Upl
Table 240 Upl: Business Overview
Figure 52 Upl: Company Snapshot
Table 241 Upl: Deals
14.1.3 Chr. Hansen Holding A/S
Table 242 Chr. Hansen Holding A/S: Business Overview
Figure 53 Chr. Hansen Holding A/S: Company Snapshot
Table 243 Chr. Hansen Holding A/S: Deals
14.1.4 Syngenta
Table 244 Syngenta- Business Overview
Figure 54 Syngenta: Company Snapshot
Table 245 Syngenta: Product Launches
Table 246 Syngenta: Deals
14.1.5 T. Stanes and Company Limited
Table 247 T. Stanes and Company Limited: Business Overview
Figure 55 T. Stanes and Company Limited: Company Snapshot
14.1.6 Lallemand Inc.
Table 248 Lallemand Inc.: Business Overview
Table 249 Lallemand Inc.: Product Launches
14.1.7 Rizobacter Argentina SA
Table 250 Rizobacter Argentina S.A: Business Overview
Table 251 Rizobacter Argentina SA: Deals
Table 252 Rizobacter Argentina SA: Others
14.1.8 Vegalab SA
Table 253 Vegalab SA: Business Overview
Table 254 Vegalab SA: Deals
14.1.9 Ipl Biologicals Limited
Table 255 Ipl Biologicals Limited: Business Overview
14.1.10 Kiwa Bio-Tech Product Group Cooperation
Table 256 Kiwa Bio-Tech Product Group Cooperation: Business Overview
Table 257 Kiwa Bio-Tech Product Group Cooperation: Deals
Table 258 Kiwa Bio-Tech Product Group Cooperation: Others
14.1.11 Symborg
Table 259 Symborg: Business Overview
Table 260 Symborg: Product Launches
Table 261 Symborg: Others
14.1.12 Kan Biosys
Table 262 Kan Biosys: Business Overview
14.1.13 Mapleton Agri Biotech Pt Ltd.
Table 263 Mapleton Agri Biotech Pt Ltd.: Business Overview
14.1.14 Seipasa
Table 264 Seipasa: Business Overview
Table 265 Seipasa: Deals
Table 266 Seipasa: Others
14.1.15 Agrilife
Table 267 Agrilife: Business Overview
14.2 Other Players
14.2.1 Manidharma Biotech Pvt Ltd.
Table 268 Manidharma Biotech Pvt Ltd.: Business Overview
14.2.2 Biomax Naturals
Table 269 Biomax Naturals: Business Overview
14.2.3 Jaipur Bio Fertilizers
Table 270 Jaipur Bio Fertilizers: Business Overview
14.2.4 Valent Biosciences
Table 271 Valent Biosciences: Business Overview
14.2.5 Aumgene Biosciences
Table 272 Aumgene Biosciences: Business Overview
14.2.6 Agrinos
14.2.7 Criyagen
14.2.8 Lkb Biofertilizer
14.2.9 Varsha Bioscience and Technology India Pvt Ltd.
14.2.10 Nutramax Laboratories, Inc.
Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View Might Not be Captured in Case of Unlisted Companies.

15 Adjacent and Related Markets

15.1 Introduction
Table 273 Adjacent Markets
15.2 Research Limitations
15.3 Agricultural Biologicals Market
15.3.1 Market Definition
15.3.2 Market Overview
Table 274 Agricultural Biologicals Market, by Function, 2022-2027 (USD Million)
15.4 Inoculants Market
15.4.1 Market Definition
15.4.2 Market Overview
Table 275 Inoculants Market, by Type, 2022-2027 (USD Million)

16 Appendix

16.1 Discussion Guide
16.2 Knowledgestore: The Subscription Portal
16.3 Customization Options

Companies Mentioned

Agrilife
Agrinos
Aumgene Biosciences
Biomax Naturals
Chr. Hansen Holding A/S
Criyagen
Ipl Biologicals Limited
Jaipur Bio Fertilizers
Kan Biosys
Kiwa Bio-Tech Product Group Cooperation
Lallemand Inc.
Lkb Biofertilizer
Manidharma Biotech Pvt Ltd.
Mapleton Agri Biotech Pt Ltd.
Novozymes
Nutramax Laboratories, Inc.
Rizobacter Argentina SA
Seipasa
Symborg
Syngenta
T. Stanes and Company Limited
Upl
Valent Biosciences
Varsha Bioscience and Technology India Pvt Ltd.
Vegalab SA

Table Information

Report Attribute	Details
No. of Pages	295
Published	April 2023
Forecast Period	2022 - 2028
Estimated Market Value ( USD ) in 2022	$ 2.8 Billion
Forecasted Market Value ( USD ) by 2028	$ 5.2 Billion
Compound Annual Growth Rate	10.9%
Regions Covered	Global
No. of Companies Mentioned	25

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Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potassium Solubilizing & Mobilizing), Mode of Application (Soil Treatment, Seed Treatment), Form, Crop Type and Region - Global Forecast to 2028

The fruits and vegetables segment is projected to account for the largest market share in 2022

The soil treatment segment is forecasted to occupy the largest market share in 2022.

North American market is projected to gain the largest market share during the forecast period.

The Break-up of Primaries:

Research Coverage:

Reasons to buy this report:

The report provides insights on the following pointers:

Table of Contents

Companies Mentioned

Table Information

The fruits and vegetables segment is projected to account for the largest market share in 2022

The soil treatment segment is forecasted to occupy the largest market share in 2022.

North American market is projected to gain the largest market share during the forecast period.

The Break-up of Primaries:

Research Coverage:

Reasons to buy this report:

The report provides insights on the following pointers:

Table of Contents

Companies Mentioned

Table Information

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