Bio-fertilizers, also known as microbial fertilizers or organic fertilizers, are natural products that contain living microorganisms, such as bacteria, fungi, and algae, which have beneficial effects on plant growth and soil health. Unlike traditional chemical fertilizers that provide nutrients directly to plants, bio-fertilizers work in collaboration with plants and soil to enhance nutrient availability, improve soil structure, and promote sustainable agricultural practices.
The Bio-Fertilizers Market
was valued
at USD 2730.59 Million in 2022 and is expected to register CAGR of 8.40% by
2032.
Increasing awareness about the negative
environmental impacts of chemical fertilizers, such as soil degradation, water
pollution, and greenhouse gas emissions, has led to a shift towards more
sustainable agricultural practices. This is expected to boost global market
growth between 2024 and 2032.
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Bio-Fertilizers Market Key Company
Novozymes
Biomax
Rizobacter
Agri Life
Symborg
National Fertilizers Limited
Batian
Fertilzer King
Taigu Biological
Taibao Biological
Genliduo Bio-Tech
Jinggeng Tianxia
Beijing Leili Group
Bio-Fertilizers Market Segmentation (by Type)
Nitrogen-fixing Fertilizers
Phosphate-solubilizing Fertilizers
Potash-mobilizing Fertilizers
Bio-Fertilizers Market Segmentation (by Application)
Cereals & Grains
Pulses & Oilseeds
Fruits & Vegetables
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