Mycorrhizae-Based Biofertilizers Market by Type (Ectomycorrhizae, Endomycorrhizae), Form (Liquid, Solid), Application - Global Forecast 2024-2030


Attention: There is an updated edition available for this report.

Mycorrhizae-Based Biofertilizers Market by Type (Ectomycorrhizae, Endomycorrhizae), Form (Liquid, Solid), Application - Global Forecast 2024-2030


The Mycorrhizae-Based Biofertilizers Market size was estimated at USD 671.96 million in 2023 and expected to reach USD 760.59 million in 2024, at a CAGR 13.64% to reach USD 1,645.30 million by 2030.

Global Mycorrhizae-Based Biofertilizers MarketMycorrhizae-based biofertilizers are a form of sustainable agricultural solution that utilizes the symbiotic relationship between soil fungi, known as mycorrhizal fungi, and the roots of plants. By extending the plant's root system, mycorrhizae heighten the uptake of essential nutrients, including phosphorus and nitrogen, enhancing plant growth and productivity. Mycorrhizal fungi improve a plant's water-use efficiency, thereby increasing its ability to withstand drought conditions. Increasing agricultural awareness, the escalating necessity for sustainability, and issues related to food security have accelerated the adoption of mycorrhizae-based biofertilizers. Understanding of the long-term deleterious effects engendered by chemical fertilizers have resulted in an increased uptake of bio-fertilizers. However, high cost of production and lack of awareness in several regions might hamper widespread adoption. Continual advancements in biotechnology and growing governmental support will undoubtedly fortify this expansion, offering high-yielding and environmentally friendly solutions within the agricultural industry. Market players are working on introducing new solutions that can further improve soil fertility, plant nutrient accessibility, and agricultural productivity.Regional InsightsIn the Americas, the use of mycorrhizae-based biofertilizers is considerable due to technological advancements and an increasing awareness of the importance of sustainable farming. USA-based companies represent a major portion of biofertilizer production, contributing significantly to the global supply. Despite high production capacity, significant imports from Canada, particularly of Glomus intraradices species, demonstrate the region's robust demand. Asia stands as the fastest-growing region for mycorrhizae-based biofertilizers, with China and India being major producers. Governmental incentives to reduce chemical fertilizer usage, the growing population, and the need to boost agricultural productivity fuel its usage. Major players are investing heavily in research and development, promoting the production and application of these biofertilizers. European countries show a keen interest in organic farming practices, elevating the demand for mycorrhizae-based biofertilizers. Companies in the region are offering a variety of specialized mycorrhizal products to cater to region-specific demands. Middle East & Africa demonstrates a moderate deployment of mycorrhizae-based biofertilizers and its awareness is gradually increasing, spearheaded by South Africa and Israel. Local companies are investing in technologies to enhance the use and production of these biofertilizers, aiming for sustainable, climate-resilient agriculture.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Mycorrhizae-Based Biofertilizers Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Mycorrhizae-Based Biofertilizers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Mycorrhizae-Based Biofertilizers Market, highlighting leading vendors and their innovative profiles. These include Agri Life, Asfertglobal, Lda., Atens, Biostadt India Limited, Corteva Agriscience, Farmadil India LLP, FMC Corporation, Groundwork BioAg Ltd., Helena Agri-Enterprises, LLC, Indogulf BioAg LLC, JH Biotech, Inc., Koppert, Lallemand Inc., Mycoroot (Pty) Ltd, Neologie Bio Innovations I Private Limited, Novozymes A/S, Peptech Biosciences Ltd., Phms Technocare Private Limited, Plant Health Care PLC, Privi Life Sciences Pvt Ltd, Real IPM Kenya Ltd., T.Stanes and Company Limited, UPL Ltd., and Valent BioSciences Corporation.

Market Segmentation & Coverage

This research report categorizes the Mycorrhizae-Based Biofertilizers Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Ectomycorrhizae
Endomycorrhizae
Form
Liquid
Solid
Application
Agriculture
Fruits & Vegetables
Oilseeds & Pulses
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Mycorrhizae-Based Biofertilizers Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Mycorrhizae-Based Biofertilizers Market?
3. What are the technology trends and regulatory frameworks in the Mycorrhizae-Based Biofertilizers Market?
4. What is the market share of the leading vendors in the Mycorrhizae-Based Biofertilizers Market?
5. Which modes and strategic moves are suitable for entering the Mycorrhizae-Based 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. Mycorrhizae-Based Biofertilizers Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing demand for organic food products among the urban population
5.1.1.2. Rising need for environmentally friendly bio-based fertilizers
5.1.1.3. Significant benefits of mycorrhizae amid the rising temperature and low water level
5.1.2. Restraints
5.1.2.1. Shorter shelf life of biofertilizers and less output than chemical fertilizers
5.1.3. Opportunities
5.1.3.1. Rising government investments in building sustainable economies
5.1.3.2. Biotechnological advancements in industrial production of arbuscular mycorrhizal fungi
5.1.4. Challenges
5.1.4.1. Limitations and higher cost associated with plant-specific biofertilizers
5.2. Market Segmentation Analysis
5.2.1. Type: Potential of endomycorrhizae to offer nutrients to a greater range of plants
5.2.2. Form: Preference for liquid fertilizers owing to their strong absorption capabilities
5.2.3. Application: Increased yield and quality of crop produce in agriculture with mycorrhizae-based biofertilizers
5.2.4. Distribution Channel: Wider availability and accessibility of Mycorrhizae-based biofertilizers through online channels
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Mycorrhizae-Based Biofertilizers Market, by Type
6.1. Introduction
6.2. Ectomycorrhizae
6.3. Endomycorrhizae
7. Mycorrhizae-Based Biofertilizers Market, by Form
7.1. Introduction
7.2. Liquid
7.3. Solid
8. Mycorrhizae-Based Biofertilizers Market, by Application
8.1. Introduction
8.2. Agriculture
8.3. Fruits & Vegetables
8.4. Oilseeds & Pulses
9. Americas Mycorrhizae-Based Biofertilizers Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Mycorrhizae-Based Biofertilizers Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Mycorrhizae-Based Biofertilizers Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Agreement, Collaboration, & Partnership
12.3.1.1. TERI and CFCL launch Mycorrhiza Product
12.3.2. New Product Launch & Enhancement
12.3.2.1. Bionema Launches New Range of Biofertilizers in the UK
12.3.3. Investment & Funding
12.3.3.1. Mycorrhizal Fungi Get a USD 3 Million Conservation Boost
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Agri Life
13.1.2. Asfertglobal, Lda.
13.1.3. Atens
13.1.4. Biostadt India Limited
13.1.5. Corteva Agriscience
13.1.6. Farmadil India LLP
13.1.7. FMC Corporation
13.1.8. Groundwork BioAg Ltd.
13.1.9. Helena Agri-Enterprises, LLC
13.1.10. Indogulf BioAg LLC
13.1.11. JH Biotech, Inc.
13.1.12. Koppert
13.1.13. Lallemand Inc.
13.1.14. Mycoroot (Pty) Ltd
13.1.15. Neologie Bio Innovations I Private Limited
13.1.16. Novozymes A/S
13.1.17. Peptech Biosciences Ltd.
13.1.18. Phms Technocare Private Limited
13.1.19. Plant Health Care PLC
13.1.20. Privi Life Sciences Pvt Ltd
13.1.21. Real IPM Kenya Ltd.
13.1.22. T.Stanes and Company Limited
13.1.23. UPL Ltd.
13.1.24. Valent BioSciences Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET RESEARCH PROCESS
FIGURE 2. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, 2023 VS 2030
FIGURE 3. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET DYNAMICS
FIGURE 7. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY FORM, 2023 VS 2030 (%)
FIGURE 10. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. MYCORRHIZAE-BASED BIOFERTILIZERS MARKET SHARE, BY KEY PLAYER, 2023

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings