The global market for mycorrhiza bio fertilizers is witnessing significant growth,driven by increasing demand for sustainable agricultural practices and organic farming solutions. Mycorrhiza bio fertilizers enhance plant nutrient absorption,soil health,and crop yield,making them an essential input for modern agriculture. Prominent players in the market include Novozymes,Valent Biosciences,Premier Tech,Rizobacter,Mycorrhizal Applications,Sustane Natural Fertilizer,Groundwork BioAg,Privi Life Sciences,Asfertglobal,Symborg,Plant Health Care,Agrinos,Sikko Industries,Swaroop Agrochemical Industries,New Edge Microbials,Advanced Green Biotechnology,Agro-K,Symbiom,BioOrganics,Lamelland,Super Ford Insecticides,and AgriLife.
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Market Growth Rate
The mycorrhiza bio fertilizers market is expected to grow at a compound annual growth rate (CAGR) of 9.0% to 11.0% during the forecast period (2025-2030). Growing awareness regarding soil degradation and the environmental benefits of bio fertilizers are key factors driving this growth.Market Share & Trends Analysis
By Product Type
The market for mycorrhiza bio fertilizers is segmented into two primary types:- Powder: The powder segment holds a dominant market share of 55% to 60%,owing to its cost-effectiveness,ease of storage,and long shelf life. It is expected to grow at a CAGR of 8.5% to 10.0% during the forecast period.
- Liquid: The liquid segment accounts for 40% to 45% of the market share. It is projected to grow at a higher CAGR of 10.0% to 12.0%,driven by its rapid absorption and increasing preference among farmers for easy application methods.
By Application
Mycorrhiza bio fertilizers are widely applied across diverse crop categories:- Cereals and Grains: This segment represents the largest application area,accounting for 35% to 40% of the market share. The demand is expected to grow at a CAGR of 9.5% to 11.0% as farmers aim to improve yield and soil fertility.
- Pulses and Oilseeds: Contributing 20% to 25% of the market share,this segment is anticipated to grow at a CAGR of 8.5% to 10.0%,driven by the rising focus on sustainable farming.
- Fruits and Vegetables: This segment holds a significant share of 25% to 30%,with growth projected at a CAGR of 10.0% to 12.0%,fueled by increasing demand for organic produce.
- Others: This segment includes crops such as ornamentals and specialty plants,contributing 5% to 10% of the market share,with a CAGR of 8.0% to 9.5%.
By Region
Regional dynamics reveal varying adoption rates for mycorrhiza bio fertilizers:- North America: North America leads the market,holding 30% to 35% of the market share. The region is expected to grow at a CAGR of 8.5% to 10.5%,driven by advanced agricultural practices and supportive regulations for bio fertilizers.
- Europe: Europe is a prominent market,accounting for 25% to 30% of the global share,with an anticipated CAGR of 9.0% to 11.0% as demand for organic food rises and environmental regulations tighten.
- Asia-Pacific: Asia-Pacific is the fastest-growing region,with a projected CAGR of 10.5% to 12.5%. The region is expected to contribute 20% to 25% of the market share,driven by large agricultural economies like India and China.
- Latin America: Latin America holds 10% to 15% of the market share and is expected to grow at a CAGR of 9.5% to 11.0%,particularly in Brazil and Argentina,where bio fertilizers are increasingly adopted.
- Middle East & Africa: This region accounts for 5% to 10% of the market share,with an estimated CAGR of 8.0% to 9.5%,supported by growing interest in sustainable agriculture.
Segment Forecasts (2025-2030)
Key Growth Segments
- Liquid Mycorrhiza Bio Fertilizers: Expected to witness the highest growth,with a CAGR of 10.0% to 12.0%.
- Asia-Pacific Region: Projected to be the fastest-growing regional market,with a CAGR of 10.5% to 12.5%.
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Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Historical and Forecast Mycorrhiza Bio Fertilizers Market in North America (2020-2030)
Chapter 9 Historical and Forecast Mycorrhiza Bio Fertilizers Market in South America (2020-2030)
Chapter 10 Historical and Forecast Mycorrhiza Bio Fertilizers Market in Asia & Pacific (2020-2030)
Chapter 11 Historical and Forecast Mycorrhiza Bio Fertilizers Market in Europe (2020-2030)
Chapter 12 Historical and Forecast Mycorrhiza Bio Fertilizers Market in MEA (2020-2030)
Chapter 13 Summary For Global Mycorrhiza Bio Fertilizers Market (2020-2025)
Chapter 14 Global Mycorrhiza Bio Fertilizers Market Forecast (2025-2030)
Chapter 15 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- Novozymes
- Valent Biosciences
- Premier Tech
- Rizobacter
- Mycorrhizal Applications
- Sustane Natural Fertilizer
- Groundwork BioAg
- Privi Life Sciences
- Asfertglobal
- Symborg
- Plant Health Care
- Agrinos
- Sikko Industries
- Swaroop Agrochemical Industries
- New Edge Microbials
- Advanced Green Biotechnology
- Agro-K
- Symbiom
- BioOrganics
- Lamelland
- Super Ford Insecticides
- AgriLife
