Biofertilizers Market Size to Worth USD 6.34 billion by 2032 | CAGR of 12.21% during 2025-2032

Key companies covered in the biofertilizers market report are Lallemand Inc., National Fertilizers Limited, Bioceres S.A., BioWorks Inc., Symborg, and Others.

NY, UNITED STATES, June 2, 2025 /EINPresswire.com/ -- The global biofertilizers market size stood at USD 2.53 billion in 2024. It is expected to increase from USD 2.83 billion in 2025 to USD 6.34 billion by 2032, reflecting a CAGR of 12.21% throughout the forecast period (2025–2032). North America held the leading position in the biofertilizers market, capturing a share of 30.83% in 2024. The U.S. biofertilizers market is anticipated to grow significantly, reaching an estimated value of USD 1.28 billion by 2032. This growth is primarily attributed to the rising number of organic farms across the country, along with government initiatives and support aimed at promoting sustainable farming practices.

Biofertilizers, also referred to as bioinoculants, are living microorganisms that enhance plant nutrient uptake by colonizing the rhizosphere when applied to soil or seeds. Key microorganisms used in the production of these fertilizers include cyanobacteria, nitrogen-fixing bacteria, phosphate-solubilizing bacteria, and molds. These agents accelerate microbial activity in the soil, thereby increasing the availability of nutrients in forms that are readily absorbed by plants. Moreover, they contribute to higher crop productivity, better soil health, and improved resistance to pests and plant diseases. A notable benefit is their long-lasting effect—typically, after three to four years of application, the original inoculum remains sufficient for continuous microbial activity and growth. This long-term benefit makes them an appealing option in the agricultural sector.

Fortune Business Insights™ offers these insights in its comprehensive research report titled “Biofertilizers Market Size, Share, Growth, and Forecast Report, 2025-2032.”

➤ Get a Free Sample Research PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/biofertilizers-market-100413

➤ Report Scope & Segmentation:
♦︎ Market Size Value in 2025: USD 2.83 billion
♦︎ Market Size Value in 2032: USD 6.34 billion
♦︎ Growth Rate: CAGR of 12.21%% (2025-2032)
♦︎ Base Year: 2024
♦︎ Historical Data: 2019-2023
♦︎ Years Considered for the Study: 2019-2032
♦︎ No. of Report Pages: 249
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