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Biofertilizers Market Set to Surge to $7.4 Billion by 2035

9/26/2025

34 5 Full Breakdown

Summary

Story summary

Biofertilizers market is projected to grow from USD 2.45 billion in 2024 to USD 7.4 billion by 2035, driven by precision farming.
North America is the fastest-growing market due to rising demand for organic products and advanced irrigation.
Key players include Novozymes A/S, Manidharma Biotech Pvt Ltd, and Valagro.
Nitrogen-fixing biofertilizers using Rhizobium and Azotobacter boost soil fertility and yields.

History

Historical Context

The Green Revolution of the 1960s revolutionized agriculture, boosting global food production by 250% by 1970 through innovations in fertilizers and irrigation. This shift laid the groundwork for today's biofertilizers market, projected to grow from USD 2.45 billion in 2024 to USD 7.4 billion by 2035, highlighting the increasing demand for sustainable farming practices and the role of companies like Novozymes A/S and Valagro.

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Story summary

Biofertilizers market is projected to grow from USD 2.45 billion in 2024 to USD 7.4 billion by 2035, driven by precision farming.
North America is the fastest-growing market due to rising demand for organic products and advanced irrigation.
Key players include Novozymes A/S, Manidharma Biotech Pvt Ltd, and Valagro.
Nitrogen-fixing biofertilizers using Rhizobium and Azotobacter boost soil fertility and yields.

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