"The global Biofertilizers Market is valued at USD 2.8 billion in 2025. Further, the market is expected to grow at a CAGR of 12.92% to reach USD 8.4 billion by 2034."
The biofertilizers market has experienced robust growth in recent years as farmers and agricultural operations increasingly turn to sustainable and eco-friendly practices. Biofertilizers, which include living microorganisms that enhance nutrient availability and promote plant growth, offer a natural alternative to chemical fertilizers. These products are used to improve soil fertility, enhance crop yields, and reduce the environmental impact of agricultural activities. With rising concerns over soil degradation, water pollution, and the long-term effects of chemical inputs, biofertilizers are gaining traction as a key component of modern sustainable farming systems.
Advancements in microbial technology and agricultural biotechnology have significantly boosted the market. The development of specialized microbial strains and multi-strain consortia has improved the efficacy and consistency of biofertilizer products. Innovations in formulation and application methods—such as liquid biofertilizers, encapsulated formulations, and seed coating techniques—have further enhanced their ease of use and compatibility with different crops and soil types. As a result, biofertilizers are now widely applied to cereals, pulses, oilseeds, fruits, vegetables, and other high-value crops, providing farmers with a reliable and sustainable solution to meet increasing food demand while maintaining soil health.
Regionally, Asia-Pacific is the largest market for biofertilizers, driven by extensive agricultural activity, government initiatives to promote sustainable farming, and rising awareness among farmers. North America and Europe are also significant markets, supported by strong regulatory frameworks, a shift toward organic farming, and growing consumer demand for environmentally friendly agricultural products. As global agriculture faces mounting pressure to produce more food with fewer resources, the biofertilizers market is well-positioned to grow, fueled by ongoing innovation, supportive policies, and the increasing adoption of sustainable agricultural practices.
Market Segmentation
By Product
By Crop
By Form
By Application
By Geography
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The Global Biofertilizers Market is estimated to generate USD 2.8 billion in revenue in 2025.
The Global Biofertilizers Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period from 2025 to 2034.
The Biofertilizers Market is estimated to reach USD 8.4 billion by 2034
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