Biofertilizers Market by Type (Composting Accelerators, Nitrogen Fixing Biofertilizers, Phosphorus Solubilizing Biofertilizers), Microorganism Type (Algal, Bacterial, Fungal), Form, Crop Type, Application - Global Forecast 2023-2030
The Biofertilizers Market is projected to reach USD 10.36 billion by 2030 from USD 4.60 billion in 2022, at a CAGR of 10.67% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Biofertilizers Market.
- Based on Type, market is studied across Composting Accelerators, Nitrogen Fixing Biofertilizers, Phosphorus Solubilizing Biofertilizers, and Potassium Solubilizing Biofertilizers. The Nitrogen Fixing Biofertilizers commanded largest market share of 27.45% in 2022, followed by Phosphorus Solubilizing Biofertilizers.
- Based on Microorganism Type, market is studied across Algal, Bacterial, and Fungal. The Algal is further studied across Azolla and Blue Green Algae (BGA). The Bacterial is further studied across Azospirillum, Azotobacter, Phosphobacteria, and Rhizobium. The Fungal is further studied across Mycorrhiza. The Bacterial commanded largest market share of 42.92% in 2022, followed by Fungal.
- Based on Form, market is studied across Carrier Enriched Biofertilizers and Liquid Biofertilizers. The Carrier Enriched Biofertilizers commanded largest market share of 57.77% in 2022, followed by Liquid Biofertilizers.
- Based on Crop Type, market is studied across Fruits & Vegetables, Grains & Cereals, Plantation Crops, and Pulses & Oilseeds. The Pulses & Oilseeds commanded largest market share of 30.34% in 2022, followed by Grains & Cereals.
- Based on Application, market is studied across Seed Treatment and Soil Treatment. The Soil Treatment commanded largest market share of 55.98% in 2022, followed by Seed Treatment.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.23% in 2022, followed by Americas.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Biofertilizers Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Biofertilizers Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Biofertilizers Market, highlighting leading vendors and their innovative profiles. These include AgriLife, Agrinos AS by American Vanguard Corporation, Andermatt Biocontrol Suisse AG, ASB Grünland Helmut Aurenz GmbH, BASF SE, Bayer AG, Biomaxnaturals, BioWorks, Inc., Bloomfield Agro Products Pvt. Ltd., Bunge Limited, Certis Biologicals by Mitsui & Co., Ltd., Criyagen, EuroChem Agro GmbH, IPL Biologicals Limited, Israel Chemicals Ltd., Jaipur Bio Fertilizers, Kiwa Bio-Tech Products Group Corporation, Lallemand Inc., Manidharma Biotech Private Limited, Mapleton Agri Biotec Pt Ltd, MC Ferticom Co., Ltd., National Fertilizer Limited, Novozymes A/S, Rizobacter Argentina S.A, SEIPASA, S.A., SYMBORG CORPORATE, SL., Syngenta Crop Protection AG, UPL Limited, and Vegalab SA.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Biofertilizers Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Biofertilizers Market?
- What is the competitive strategic window for identifying opportunities in the Biofertilizers Market?
- What are the latest technology trends and regulatory frameworks in the Biofertilizers Market?
- What is the market share of the leading vendors in the Biofertilizers Market?
- Which modes and strategic moves are suitable for entering the Biofertilizers Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Biofertilizers Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing demand of biofertilizers from the organic industry worldwide
- 5.1.1.2. Growing application attributed to its potential benefits compared to chemical fertilizers
- 5.1.1.3. Surge in production and yield of crops coupled with environmental concerns
- 5.1.2. Restraints
- 5.1.2.1. Dearth of infrastructure and need for high initial investment
- 5.1.3. Opportunities
- 5.1.3.1. Emerging adoption of precision farming and modern agriculture techniques
- 5.1.3.2. Robust investments in biofertilizers in developing economies
- 5.1.4. Challenges
- 5.1.4.1. Availability of counterfeit products
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Biofertilizers Market, by Type
- 6.1. Introduction
- 6.2. Composting Accelerators
- 6.3. Nitrogen Fixing Biofertilizers
- 6.4. Phosphorus Solubilizing Biofertilizers
- 6.5. Potassium Solubilizing Biofertilizers
- 7. Biofertilizers Market, by Microorganism Type
- 7.1. Introduction
- 7.2. Algal
- 7.3.1. Azolla
- 7.3.2. Blue Green Algae (BGA)
- 7.3. Bacterial
- 7.4.1. Azospirillum
- 7.4.2. Azotobacter
- 7.4.3. Phosphobacteria
- 7.4.4. Rhizobium
- 7.4. Fungal
- 7.5.1. Mycorrhiza
- 8. Biofertilizers Market, by Form
- 8.1. Introduction
- 8.2. Carrier Enriched Biofertilizers
- 8.3. Liquid Biofertilizers
- 9. Biofertilizers Market, by Crop Type
- 9.1. Introduction
- 9.2. Fruits & Vegetables
- 9.3. Grains & Cereals
- 9.4. Plantation Crops
- 9.5. Pulses & Oilseeds
- 10. Biofertilizers Market, by Application
- 10.1. Introduction
- 10.2. Seed Treatment
- 10.3. Soil Treatment
- 11. Americas Biofertilizers Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Biofertilizers Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Biofertilizers Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. FPNV Positioning Matrix
- 14.2. Market Share Analysis, By Key Player
- 14.3. Competitive Scenario Analysis, By Key Player
- 14.3.1. Merger & Acquisition
- 14.3.1.1. Grupo Fertiberia acquires Trichodex to spearhead innovation in biotechnology
- 14.3.1.2. Bioceres Crop Solutions completes merger With Marrone Bio, creating a global leader in sustainable agricultural solutions
- 14.3.2. Agreement, Collaboration, & Partnership
- 14.3.2.1. Evolva and Grace Breeding form partnership for biofertilizer development
- 14.3.2.2. Koppert and UPL India join forces to improve soil health and promote sustainable agriculture in India
- 14.3.3. New Product Launch & Enhancement
- 14.3.3.1. Odisha agri university starts producing biofertilizers
- 14.3.3.2. TERI and CFCL launch Mycorrhiza Product
- 14.3.3.3. Performance Nutrition launches NutriWise biofertilizers
- 14.3.4. Investment & Funding
- 14.3.4.1. Anuvia aims to spend USD 66 million advancing biofertilizer for large-scale agriculture
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.1.1. AgriLife
- 15.1.2. Agrinos AS by American Vanguard Corporation
- 15.1.3. Andermatt Biocontrol Suisse AG
- 15.1.4. ASB Grünland Helmut Aurenz GmbH
- 15.1.5. BASF SE
- 15.1.6. Bayer AG
- 15.1.7. Biomaxnaturals
- 15.1.8. BioWorks, Inc.
- 15.1.9. Bloomfield Agro Products Pvt. Ltd.
- 15.1.10. Bunge Limited
- 15.1.11. Certis Biologicals by Mitsui & Co., Ltd.
- 15.1.12. Criyagen
- 15.1.13. EuroChem Agro GmbH
- 15.1.14. IPL Biologicals Limited
- 15.1.15. Israel Chemicals Ltd.
- 15.1.16. Jaipur Bio Fertilizers
- 15.1.17. Kiwa Bio-Tech Products Group Corporation
- 15.1.18. Lallemand Inc.
- 15.1.19. Manidharma Biotech Private Limited
- 15.1.20. Mapleton Agri Biotec Pt Ltd
- 15.1.21. MC Ferticom Co., Ltd.
- 15.1.22. National Fertilizer Limited
- 15.1.23. Novozymes A/S
- 15.1.24. Rizobacter Argentina S.A
- 15.1.25. SEIPASA, S.A.
- 15.1.26. SYMBORG CORPORATE, SL.
- 15.1.27. Syngenta Crop Protection AG
- 15.1.28. UPL Limited
- 15.1.29. Vegalab SA
- 15.2. Key Product Portfolio
- 16. Appendix
- 16.1. Discussion Guide
- 16.2. License & Pricing
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