Biofertilizers Market Size To Reach $2.83 Billion By 2030

October 2024 | Report Format: Electronic (PDF)

Biofertilizers Market Growth & Trends

The global biofertilizers market size is anticipated to reach USD 2.83 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 12.8% from 2025 to 2030. Rising demand for organically produced food products across emerging economies backed with growing economic stability is the key boost to the marketspace.

Organic food products are naturally-derived without utilizing any food additives or synthetic chemicals. Key contributors to the organic food market include organically produced meat and dairy products, organically cultivated fruits and vegetables, and naturally-derived beverages, which include both alcoholic as well as non-alcoholic beverages. Growing consumer preference for healthy eating habits globally coupled with rising disposable income levels of individuals in the emerging economies of Asia Pacific, including Indonesia, Japan, India, and Thailand, is projected to boost the demand for organic food and beverage products in the region.

Further, according to the Research Institute of Organic Agriculture, number of organic farmers has grown significantly since 2000 due to the constant efforts undertaken by government agencies and agricultural and environmental authorities globally. The government to raise awareness about the benefits of switching to organic harvesting and incentives to promote sustainable farming practices. The largest market for organic food retail sales in 2017 and 2018 was the U.S. followed by Germany, France, China, and Italy, respectively. Growing acceptance of organic-based farming techniques and consumer inclination toward organic food are anticipated to drive the demand for organic fertilizers in the foreseeable future.

Yet another key driver for development of the market is the increased focus on environmental sustainability, which would result in reduced consumption of petroleum-based products and a shift to bio-based alternatives. Carbon footprint of greenhouse gas emission is one of the major hazards associated with the manufacturing of chemicals from crude oil. The use of biofertilizers is bound to minimize carbon footprints significantly in due course and is, therefore, being highly promoted by key regulatory authorities worldwide. Biofertilizer production emits significantly lower CO2, which makes them increasingly popular in the developed regions of North America and Europe.


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Biofertilizers Market Report Highlights

  • North America accounted for the largest market share of 32%, in terms of revenue, in 2024 and is projected to grow at a volumetric rate of 13.7% from 2025 to 2030

  • Nitrogen-fixing biofertilizers dominated the market with a revenue share of 71.3% in 2024 on account of widespread demand generation from North American and European agricultural communities to boost yield of various cereals

  • Among the various crop types, cereals and grains application segment held the largest revenue share of 38.8% in 2024. This was majorly due to heavy demand for wheat from various Asian and Latin American countries such as Thailand, Singapore, India, Brazil, and Argentina.

Biofertilizers Market Segmentation

Grand View Research has segmented the global biofertilizers market report based on product, application, crop type, and region:

Biofertilizers Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Nitrogen Fixing

  • Phosphate Solubilizing

  • Other Products

Biofertilizers Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Seed Treatment

  • Soil Treatment

Biofertilizers Crop Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Cereals & Grains

  • Oilseeds & Pulses

  • Fruits & Vegetables

  • Other Crop Types

Biofertilizers Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Latin America

    • Brazil

    • Argentina

  • Middle East & Africa

    • Saudi Arabia

    • South Africa

List of Key Players in the Biofertilizers Market

  • CBF China Bio-Fertilizer AG

  • Novozymes A/S

  • AgriLife

  • Mapleton Agri Biotec

  • Biomax

  • Rizobacter Argentina SA

  • Symborg S.L

  • National Fertilizer Ltd.

  • Antibiotice S.A

  • Lallemand Inc.

  • Labiofam SA

  • Sigma Agri-Science, LLC

  • Agrinos Inc.

  • Fertilizers USA LLC

  • Kiwa Bio-Tech Products Group Corporation

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