Biofertilizers Market Trends, Growth, and Forecast [Latest]
Biofertilizer Market by Type (Nitrogen-Fixing Biofertilizer, Phosphate Solubilizing & Mobilizing Biofertilizer, Potassium Solubilizing & Mobilizing Biofertilizer, Other Type), Crop Type, Mode of Application, Form, Source, Region - Global Forecast to 2031
OVERVIEW
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
The biofertilizers market is projected to reach USD 6.94 billion by 2031, up from USD 4.08 billion in 2026, at a CAGR of 11.2% from 2026 to 2031. The market is expected to grow significantly during the forecast period due to increasing demand for sustainable crop nutrition worldwide and the adoption of eco-friendly farming practices. The market is expanding rapidly due to accelerating demand for microbial-based products that increase crop productivity, improve nutrient availability, enhance soil fertility, and support long-term soil health, while reducing dependence on fertilizers. Adoption of biofertilizers in integrated nutrient management programs is rising among crop producers cultivating cereal, fruit, vegetable, and horticultural crops, driven by improved nutrient uptake and healthy soils, as well as the sustainable use of nutrients to enhance crop productivity.
KEY TAKEAWAYS
-
BY REGIONNorth America accounted for the highest revenue share of 39.0% in 2026.
-
BY TYPEBy type, the nitrogen-fixing biofertilizers segment is expected to register the highest CAGR of 11.7% in 2026-2031.
-
BY MODE OF APPLICATIONThe seed treatment segment is expected to register the highest CAGR of 12.5% during the forecasted year.
-
BY FORMBy form, the liquid segment is expected to dominate the market.
-
COMPETITIVE LANDSCAPENovonesis, UPL Limited, Syngenta AG, T. Stanes & Company, Lallemand Inc., were identified as some of the star players in the biofertilizer market, given their strong market share and product footprint.
The biofertilizer market is projected to reach USD 6.94 billion by 2031 from USD 4.08 billion in 2026, at a CAGR of 11.2% from 2026 to 2031. The global biofertilizers market is experiencing significant growth, driven by an increasing focus on sustainable agriculture, soil health restoration, and a reduction in chemical fertilizer dependence across major farming economies. Farmers are increasingly adopting biofertilizers in crop nutrition programs to improve nitrogen fixation, phosphorus mobilization, root development, and overall crop productivity while maintaining long-term soil fertility. Rising demand for organic.
TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS
The global biofertilizers market is witnessing a key trend centered on sustainable agriculture, precision nutrient management, and biologically driven crop productivity enhancement. The increasing focus on improving soil fertility, nutrient efficiency, and long-term agricultural sustainability, along with rising demand for organic and residue-free food production, is encouraging manufacturers and agricultural producers to adopt advanced microbial solutions. The development of multifunctional microbial consortia, liquid biofertilizer formulations, and biologically active nutrient-mobilization technologies has improved nutrient availability, soil microbial activity, and crop performance across diverse agricultural conditions. Biofertilizers play a critical role in modern farming systems by supporting nitrogen fixation, phosphate solubilization, root development, and overall soil health restoration while reducing dependency on synthetic fertilizers. When integrated with precision agriculture technologies and regenerative farming practices, biofertilizers contribute to improved crop productivity, enhanced nutrient uptake efficiency, and sustainable agricultural outcomes across global farming systems.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
MARKET DYNAMICS
Level
-
Rising Adoption of Sustainable Farming Practices
-
Growing Concerns Over Soil Degradation and Chemical Fertilizer Overuse
Level
-
Low Farmer Awareness in Developing Markets
-
Limited Shelf Life and Storage Stability
Level
-
Expanding Organic Agriculture Industry
-
Strong Growth Potential in Emerging Agricultural Economies
Level
-
Product Contamination and Quality Consistency Issues
-
Complex Regulatory Approval Requirements
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Driver:Rising Adoption of Sustainable Farming Practices
The increasing global transition toward sustainable and environmentally responsible agriculture is significantly driving demand for biofertilizers. Farmers are increasingly adopting biological crop nutrition products to improve soil fertility, reduce dependence on chemical fertilizers, and support long-term agricultural sustainability. Growing focus on regenerative agriculture, organic farming, and carbon-efficient cultivation practices is further accelerating biofertilizer adoption across major agricultural economies.
Restraint: Low Farmer Awareness in Developing Market
Limited awareness regarding the benefits, application methods, and long-term advantages of biofertilizers remains a key restraint in several developing agricultural economies. Many farmers continue to rely heavily on conventional chemical fertilizers due to a lack of technical knowledge, training, and field-level demonstrations related to biological crop nutrition products. This restricts large-scale commercialization and adoption in price-sensitive rural markets.
Opportunity:Expanding Organic Agriculture Industry.
The rapid expansion of the global organic agriculture industry is creating significant growth opportunities for biofertilizer manufacturers. Increasing consumer demand for residue-free food products and sustainable farming practices is encouraging the adoption of biological nutrient management solutions across organic cultivation systems. Biofertilizers play a critical role in supporting soil fertility and nutrient availability in organic farming operations.
Challenge:Product Contamination and Quality Consistency Issues
Maintaining microbial purity, controlling contamination, and ensuring consistent product quality remain major challenges in the biofertilizers market. Variations in manufacturing practices, raw material quality, and storage conditions can affect microbial viability and product effectiveness. Quality inconsistency may negatively impact farmer trust and long-term adoption of biological products.
BIOFERTILIZERS MARKET TRENDS, GROWTH, AND FORECAST [LATEST]: COMMERCIAL USE CASES ACROSS INDUSTRIES
| COMPANY | USE CASE DESCRIPTION | BENEFITS |
|---|---|---|
 |
Development and commercialization of microbial biofertilizers for nitrogen fixation, nutrient mobilization, soil fertility enhancement, and regenerative agriculture applications across cereals, oilseeds, fruits, and horticultural crops. | Improves nutrient uptake efficiency | Enhances soil microbial activity | Supports sustainable agriculture practices | Reduces chemical fertilizer dependency | Improves long-term crop productivity |
 |
Integration of biofertilizers with sustainable crop nutrition programs, regenerative farming systems, and precision agriculture platforms for large-scale agricultural operations. | Enhances crop yield stability | Improves soil health management | Supports integrated nutrient management | Increases operational efficiency | Promotes environmentally sustainable farming systems |
 |
Application of advanced microbial technologies and biological crop nutrition solutions to improve nutrient availability, crop resilience, and sustainable farming productivity. | Strengthens nutrient efficiency | Improves crop stress tolerance | Supports climate-smart agriculture| Reduces the environmental impact of synthetic fertilizers | Enhances overall farm sustainability |
 |
Production of biofertilizers and microbial agricultural inputs for organic farming, soil conditioning, and biological nutrient management across diverse crop categories. | Supports organic agriculture adoption | Improves soil fertility and root development | Enhances microbial balance in soil ecosystems | Reduces input costs | Promotes sustainable crop cultivation practices |
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET ECOSYSTEM
The biofertilizer market ecosystem comprises multiple stakeholders involved across microbial development, manufacturing, regulation, research, and commercialization of biological crop nutrition products. Raw material suppliers such as Novonesis, Chr. Hansen, and Koppert Biological Systems play a critical role in supplying microbial strains, fermentation technologies, and biological inputs required for biofertilizer production. Manufacturers, including UPL Limited, T. Stanes & Company, and IPL Biologicals, are actively involved in formulation development, commercialization, and distribution of sustainable crop nutrition solutions. Regulatory bodies and associations such as the U.S. Food and Drug Administration, the European Commission, and the Central Insecticides Board and Registration Committee support regulatory compliance, quality standards, and approval frameworks for biological agricultural products. Research and academic institutions, including the Indian Agricultural Research Institute, the International Crops Research Institute for the Semi-Arid Tropics, and the International Rice Research Institute, contribute significantly toward microbial research, field trials, sustainable agriculture innovation, and the development of advanced biofertilizer technologies.
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET SEGMENTS
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Biofertilizer Market, By Type
The by type segment of the biofertilizers market includes Nitrogen-Fixing Biofertilizers, Phosphate Solubilizing & Mobilizing Biofertilizers, Potassium Solubilizing & Mobilizing Biofertilizers, and Other Types. Nitrogen-fixing biofertilizers are widely used to convert atmospheric nitrogen into plant-available forms, thereby supporting crop productivity and reducing dependence on synthetic fertilizers. Phosphate-solubilizing and mobilizing biofertilizers improve phosphorus availability and nutrient uptake efficiency across agricultural soils, while potassium-mobilizing biofertilizers enhance potassium absorption and soil fertility. Growing focus on sustainable agriculture, integrated nutrient management, and soil health restoration is driving demand across all biofertilizer categories globally.
Biofertilizer Market, By Crop Type
Crop types include Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, and Other Crop Types. Cereals and grains account for a significant share due to their extensive cultivation areas and high nutrient requirements in major agricultural economies. Biofertilizers are increasingly used in the cultivation of pulses, oilseeds, fruits, and vegetables to improve nutrient availability, root development, and crop productivity while supporting sustainable farming practices. Rising demand for organic food products and environmentally responsible agriculture is further accelerating adoption across diverse crop categories globally.
Biofertilizer Market, By Source
By source, the market includes Bacterial, Fungal, Cyanobacterial/Algal, and Consortium/Mixed Biofertilizers. Bacterial biofertilizers dominate the segment owing to their strong capabilities in nitrogen fixation, phosphate solubilization, and enhancing soil microbial activity. Fungal biofertilizers are gaining importance for improving nutrient mobilization and plant growth under stress conditions, while cyanobacterial and algal biofertilizers are increasingly utilized in paddy cultivation and sustainable farming systems. Consortium and mixed biofertilizers are witnessing rising demand due to their multifunctional benefits and ability to improve nutrient efficiency through combined microbial activity.
Biofertilizer Market, By Mode of Application
The modes of application include Soil Treatment, Seed Treatment, and Other Modes. Soil treatment represents a major application area due to increasing emphasis on soil fertility enhancement and long-term nutrient management in modern agriculture. Seed treatment applications are also gaining strong traction as they improve seed germination, root development, and early-stage crop growth through direct microbial inoculation. The growing adoption of precision farming, integrated nutrient management, and sustainable agricultural practices is driving demand across various application methods globally.
Biofertilizer Market, By Form
Liquid biofertilizers hold a significant market share owing to their higher microbial concentration, improved shelf life, better field performance, and ease of application compared to traditional carrier-based formulations. Carrier-based biofertilizers continue to maintain strong demand in conventional agricultural systems due to their cost-effectiveness and wide availability across developing agricultural markets. Technological advancements in microbial preservation, formulation stability, and delivery systems are further improving the commercial adoption of both liquid and carrier-based biofertilizer products globally.
REGION
North America to hold the largest share in the global biofertilizers market
North America is expected to dominate the global biofertilizers market, owing to the increasing adoption of sustainable agricultural practices, rising environmental concerns about chemical fertilizer use, and strong demand for organic food products across the region. Farmers in the United States and Canada are increasingly utilizing biofertilizers to improve soil fertility, nutrient efficiency, and long-term agricultural sustainability while reducing dependency on synthetic fertilizers. The region is also witnessing strong growth in regenerative agriculture, precision farming, and biologically driven crop management systems, which is accelerating demand for microbial-based crop nutrition products. In addition, supportive government initiatives promoting environmentally sustainable farming and carbon-efficient agricultural practices are contributing significantly to market expansion.
BIOFERTILIZERS MARKET TRENDS, GROWTH, AND FORECAST [LATEST]: COMPANY EVALUATION MATRIX
The biofertilizer market features a mix of established “star” companies and emerging players shaping its competitive landscape. Leading firms such as Novonesis, UPL Limited, Syngenta AG, T. Stanes & Company, and Lallemand Inc. dominate through strong R&D capabilities, global distribution networks, and advanced formulation technologies. These companies focus on high-purity, sustainable, and multifunctional ingredients to meet evolving consumer demand. Meanwhile, emerging players like Mapleton Agri Biotech Pvt Ltd, Seipasa S.A., and AgriLife are gaining traction by offering cost-effective solutions, customization, and niche innovations. Together, both groups are driving competition, innovation, and market expansion.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
KEY MARKET PLAYERS
- Novonesis (Denmark)
- UPL Limited (India)
- Syngenta AG (Switzerland)
- T. Stanes & Company (India)
- Lallemand Inc. (Canada)
- Rizobacter ( Argentina )
- Gujarat State Fertilizers and Chemicals Ltd (GSFC) (India)
- Madras Fertilizers Limited (India)
- IPL Biologicals (India)
- Koppert Biological Systems (Netherlands)
- Corteva Agriscience (United States)
- Kan Biosys (India)
- Mapleton Agri Biotech Pvt Ltd (India)
- Seipasa S.A. (Spain)
- AgriLife (India)
MARKET SCOPE
| REPORT METRIC | DETAILS |
|---|---|
| Market Size in 2025 (Value) | USD 3.67 Billion |
| Market Forecast in 2026 (Value) | USD 4.08 Billion |
| Market Forecast in 2031 (Value) | USD 6.94 Billion |
| Growth Rate | CAGR of 11.2% during 2026-2031 |
| Years Considered | 2021-2031 |
| Base Year | 2025 |
| Forecast Period | 2026-2031 |
| Units Considered | Value (USD Million/Billion), Volume (KT) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends. |
| Segments Covered |
|
| Regions Covered | North America, South America, Europe, Asia Pacific, Rest of the World |
WHAT IS IN IT FOR YOU: BIOFERTILIZERS MARKET TRENDS, GROWTH, AND FORECAST [LATEST] REPORT CONTENT GUIDE
DELIVERED CUSTOMIZATIONS
We have successfully delivered the following deep-dive customizations:
| CLIENT REQUEST | CUSTOMIZATION DELIVERED | VALUE ADDS |
|---|---|---|
| Global-based Water-Soluble Fertilizer Manufacturer |
|
|
| Globally Focused Distributor |
|
|
| Global Specialty Fertilizer Company |
|
|
| Investor / Private Equity Firm |
|
|
RECENT DEVELOPMENTS
- September 2024 : Novonesis partnered with KRIBHCO to launch and commercialize KRIBHCO Rhizosuper, a mycorrhizal biofertilizer integrated with LCO technology. The collaboration focuses on improving nutrient uptake efficiency, phosphorus mobilization, and sustainable crop productivity in the Indian agricultural market.
- July 2024 : Syngenta AG collaborated with Ginkgo Bioworks to accelerate the development of next-generation agricultural biologicals, including microbial nutrient-efficiency and biofertilizer solutions. The partnership focuses on the optimized development of microbial strains and the scalable commercialization of biological agricultural products.
- May 2024 : AGCO Corporation expanded the PTx precision agriculture network across North America by adding more than 50 Fendt and Massey Ferguson dealerships within one year. The initiative aims to strengthen precision agriculture technologies, including guidance systems, steering, water management, and precision seeding solutions across production agriculture operations by 2025.
Table of Contents
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
Methodology
The study involved four major activities in estimating the current size of the biofertilizer market. Exhaustive secondary research was conducted to gather information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
This research study involved extensive use of secondary sources, directories, and databases, such as Bloomberg Businessweek and Factiva, to identify and collect information useful for a technical, market-oriented, and commercial study of the biofertilizer market.
In the secondary research process, various sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles from recognized authors, gold & silver standard websites, directories, and databases were referred to identify and collect information. This research study involved extensive use of secondary sources, directories, and databases, such as Bloomberg Businessweek and Factiva, to identify and collect information useful for a technical, market-oriented, and commercial study of the biofertilizer market.
Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.
Primary Research
Extensive primary research was conducted after obtaining information regarding the biofertilizer market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, South America, and RoW. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), and Directors from business development, marketing, research, and development teams, as well as key opinion leaders. Primary interviews were conducted to gather insights, including market statistics, revenue data from products and services, market breakdowns, market size estimates, market forecasts, and triangulation. Primary research also helped in understanding the various trends related to Biofertilizers, core material, shell material, methods, technologies, and applications. Stakeholders from the demand side, such as research institutions and universities, and third-party vendors, were interviewed to understand the buyer’s perspective on the service, their current use of encapsulation, and their outlook on the business, which will affect the overall market.
Breakdown of Primary Interviews
Note: The three tiers of companies are defined based on their total revenues in 2023 or 2024, depending on the availability of financial data: Tier 1: Revenue > USD 1 billion; Tier 2: USD 100 million ≤ Revenue ≤ USD 1 billion; Tier 3: Revenue < USD 100 million.
|
COMPANY NAME |
DESIGNATION |
|
Novonesis (Denmark) |
R&D Expert |
|
UPL Limited (India) |
Sales Manager |
|
Syngenta AG (Switzerland) |
Manager |
|
T. Stanes & Company (India) |
Sales Manager |
|
Lallemand Inc. (Canada) |
Marketing Manager |
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the biofertilizer market. These approaches were also used extensively to determine the sizes of various market subsegments. The research methodology used to estimate the market size includes the following details:
- The key players in the industry and the overall markets were identified through extensive secondary research.
- All shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
- The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as CEOs, directors, and marketing executives.
Biofertilizers Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed, where applicable, to estimate the overall biofertilizer market and derive accurate statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Additionally, the market size was validated using both top-down and bottom-up approaches.
Market Definition
The biofertilizer market is defined as the global market for the production, development, commercialization, and application of biologically active products containing microorganisms that benefit agriculture by enhancing soil fertility, nutrient availability, and plant growth. Biofertilizers comprise live strains of beneficial microbes, such as bacteria, fungi, algae, and other naturally occurring micro-organisms, that mobilize nutrients from organic sources and make them available to plants through processes such as N2 fixation, phosphate mobilization, potassium mobilization, and mineralization of organic matter. Biofertilizers are widely used in cereals, grains, pulses, oilseeds, fruits, vegetables, plantation crops, and in horticulture farming systems.
Key Stakeholders
- Biofertilizers manufacturers
- Biofertilizers importers and exporters
- Biofertilizers traders, distributors, and suppliers
- Government and research organizations
-
Government regulatory agencies
- Food and Agriculture Organization (FAO)
- United States Department of Agriculture (USDA)
- European Food Safety Authority (EFSA)
- World Health Organization (WHO)
- Food and Drug Administration (FDA)
- Environmental Protection Agency (EPA)
- Department for Environment, Food, and Rural Affairs (DEFRA)
Report Objectives
MARKET INTELLIGENCE
- Determining and projecting the size of the biofertilizer market with respect to type, crop type, mode of application, form, and source
- Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments
- Providing detailed information about the key factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
- Providing the regulatory framework and market entry process related to the biofertilizer market
- Analyzing the micromarkets with respect to individual growth trends, prospects, and their contribution to the total market
Available customizations:
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product Analysis
-
Product Matrix, which provides a detailed comparison of each company's service portfolio.
Regional Analysis
-
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
- Further breakdown of the Rest of Europe Biofertilizer Market into key countries.
- Further breakdown of the Rest of Asia Pacific Biofertilizer Market into key countries.
- Further breakdown of the Rest of South America Biofertilizer Market into key countries.
Company Information
- Detailed analyses and profiling of additional market players (up to five)
Need a Tailored Report?
Customize this report to your needs
Get 10% FREE Customization
Customize This ReportPersonalize This Research
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
Let Us Help You
- What are the Known and Unknown Adjacencies Impacting the Biofertilizer Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Custom Market Research Services
We Will Customise The Research For You, In Case The Report Listed Above Does Not Meet With Your Requirements
Get 10% Free CustomisationTESTIMONIALS
Business Innovation Director
US Based Leading Agribusiness,
Food and Ingredients ManufacturerI highly appreciate the team's efficiency for a well-conducted study that helped us clarify some blind spots in the area of proteins. Although compiling information for B2B ingredients is very difficult, the MnM team pulled out the task successfully. The quality of research, level of insights, and the responsiveness of the team were commendable!
Growth opportunities and latent adjacency in Biofertilizer Market
Umesh
Jan, 2021
I am interested in biofertilizers and biostimulants. What is the study scope of this report? Which market segments and regions have been covered?.
Sunil
Dec, 2021
I am interested in the Biofertilizer market and would like to know the market potential of biofertilizers in India. I would appreciate it if you could share relevant data regarding this. .