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Biofertilizers Market Size

  • Report ID: GMI112
  • Published Date: Mar 2023
  • Report Format: PDF

Biofertilizers Market Size

Biofertilizers Market size exceeded USD 2 billion in 2022. The industry is anticipated to grow at more than 8% CAGR between 2023 and 2032 driven by soaring demand for organic production of plants and vegetables.



Increasing efforts by governments from various nations to promote bio-based agricultural inputs are fueling the market progress. Farmers are using more bio-based products as a result of the escalating inclination towards sustainable farming methods, which has increased the number of government programs to promote the use of biofertilizers. For instance, the U.S. Department of Agriculture announced an investment of nearly USD 300 million in the new Organic Transition Initiative to ensure farmers’ transition journey and support them in providing organic products in supermarkets.


Authors: Kunal Ahuja, Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Global market size biofertilizers recorded a valuation of more than USD 2 billion in 2022 and is anticipated to progress at over 8% CAGR from 2023 to 2032 propelled by soaring demand for organic production of plants and vegetables.

The dry segment is poised to reach a valuation of more than USD 3 billion by 2032 as a result of extensive diversity and availability of dry biofertilizers due to their physical consistency varying from large grains to a very fine, powdered form.

The seed treatment application segment size surpassed USD 1.5 Billion in revenue in 2022 owing to supportive governmental regulations that are discouraging the use of chemical fertilizers and shifting consumer focus towards eco-friendly and organic seed treatment methods.

North America biofertilizers industry is slated to reach over USD 1.8 billion in revenue by 2032 due to recent advancements in microbiology with the beneficial use of bio-organisms for long-term soil fertility in the region.

Biofertilizers Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 32
  • Tables & Figures: 720
  • Countries covered: 27
  • Pages: 450
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