Report ID: SQMIG15C2071
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Biofertilizers Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Biofertilizers industry players.
The global biofertilizers market is essentially driven by the trend towards sustainable agriculture, increasing environmental concerns regarding the excessive use of chemical fertilizers, and a growing preference for organic food among consumers. Market growth is also receiving a boost from supportive government policies and initiatives combined with subsidies for promoting government policies which support organic farming, especially in developing markets.
According to SkyQuest Technology “Biofertilizers Market By Product (Nitrogen Fixing, Phosphate Solubilizing), By Application (Seed Treatment, Soil Treatment), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), By Region- Industry Forecast 2025-2032,” Global Biofertilizers Market is projected to grow at a CAGR of over 10.3% by 2032, on account of urgent need for automating quantified data. Advancements in microbial technology, better shelf-life formulations, and the growing recognition of soil health restoration are likely contributing to market growth; adding to these factors, rapid population growth and the need for sustainable increased crop productivity is also likely to continue underpinning the global adoption of biofertilizers.
|
Company |
Est. Year |
Headquarters |
Revenue |
Key Services |
|
Corteva, Inc. (Symborg) |
2019 (Corteva Spinoff) |
Wilmington, DE, USA |
USD 16.9 Billion (FY 2024) |
Major agricultural giant with a growing biologicals portfolio, including Symborg's biostimulants and bio-fertilizers. |
|
Novozymes A/S |
2000 (Spinoff) |
Bagsværd, Denmark |
USD 4.15 Billion (FY 2024) |
Global leader in enzymes and microbial solutions; offers microbial-based solutions for nutrient availability and plant health. |
|
National Fertilizers Limited (NFL) |
1974 |
Noida, India |
USD 2.38 Billion (FY 2024) |
Public sector undertaking producing various fertilizers, including strains of bio-fertilizers. |
|
Gujarat State Fertilizers & Chemicals Ltd. (GSFC) |
1962 |
Vadodara, India |
USD 1.15 Billion (FY 2024) |
Major Indian manufacturer providing a diverse range of fertilizers, including a variety of biofertilizers. |
|
Lallemand Inc. |
1915 |
Montreal, Canada |
USD 5 billion (2024) |
Global leader in yeast, bacteria, and microbial solutions; Plant Care division focuses on microbial inoculants, bio-fertilizers, and sustainability. |
|
Bioceres Crop Solutions Corp. (Rizobacter) |
2001 (Bioceres Spinoff) |
Rosario, Argentina |
USD 464.8 Million (FY 2024) |
Focuses on agricultural microbiology solutions; develops inoculants, bio-fertilizers, and biological products. |
|
Koppert Biological Systems |
1967 |
Netherlands |
USD 447 Million (FY 2024) |
Specializes in integrated pest management (IPM) and biological solutions, including advanced biofertilizers and biostimulants. |
|
IPL Biologicals Limited |
1994 |
India |
USD 120 Million (FY 2024 |
Focuses on biological solutions for agriculture, including developing and distributing biofertilizers. |
|
BioWorks Inc. |
2009 |
Victor, NY, USA |
USD 13.2 Million (2024) |
Provides microbial-based products and solutions for sustainable agriculture and horticulture, including biofertilizers. |
|
CBF China Bio-Fertilizer AG |
2008 |
Germany (Holding Group) |
USD 3.0 billion (2024) |
Sells biofertilizers through its subsidiary in China, offering liquid and powder biofertilizers. |
Corteva is one of the largest agricultural science companies in the world, providing seeds, crop protection, and digital agriculture products. The company is rapidly extending into agricultural biologicals and further advanced its portfolio in biofertilizers, biostimulants, and microbial crop enhancement solutions through its acquisition of Symborg, a microbials technology venture based in Spain.
Novozymes, working under the newly combined Novonesis, is a world leader in industrial biotechnology. The company operates globally in the industrial biotechnology field, making enzymes and microbial technologies for agriculture, food, bioenergy, and other industries. In the area of agriculture, Novozymes creates microbial inoculants, nitrogen-fix solutions, and crop enhancement biologicals, combining a strong research background with significant fermentation capacity to become one of the largest players in the agricultural biofertilizers segment.
National Fertilizers Limited (NFL) is a government-owned fertilizer company based in India, with a vast distribution network across the country. The company produces traditional fertilizers such as urea and other biostimulants, including several biofertilizer strains Rhizobium, Azotobacter, Azospirillum, and phosphate-solubilizing bacteria. NFL acts as a key supportive role in the sustainable promotion of soil health in India in part through promoting and providing biofertilizers to farmers and supporting additional extension and training work to increase farmer adoption.
GSFC is a state-owned enterprise located in Gujarat, known for producing fertilizers, petrochemicals, and various industrial products. In relation to agriculture, GSFC produces and markets biofertilizers and plant-growth-promoting microorganisms to improve soils. GSFC is an important player to the emerging domestic market for alternative and sustainable crop inputs due to its robust manufacturing capability and product range.
Lallemand is privately-owned Canadian biotechnology company specializing in yeast, bacteria, and microbial fermentation. Lallemand runs multiple divisions including agriculture, animal nutrition, baking, beverages, and pharmaceuticals. In agriculture, Lallemand has developed microbial inoculants, plant-growth-promoting bacteria, and fermentation-based biofertilizers for improving soil microbiology and crop performance. Its global leadership position in microbial solutions is based on years of fermentation.
Bioceres Crop Solutions is located in Argentina and focuses on biotechnology related to seed technologies, biological inputs, and sustainable crop solutions. It sells and manufactures to those ends through its subsidiary Rizobacter which offers products such as microbial inoculants, seed treatments, biofertilizers, and biological growth enhancers. Rizobacter is one of the largest producers of inoculants for soybean and legumes in the world and has a strong reputation in Latin America with an expanding global market.
Koppert Biological Systems, which is located in the Netherlands, is a world leader in biological crop protection and natural pollination. It produces microbial-based products, beneficial insects, and bumblebee pollination systems that are commonly used in horticulture and greenhouse agriculture.
IPL Biologicals is an Indian company focused on developing biological crop inputs such as biofertilizers,biopesticides, and microbial soil enhancers. It manufactures various microbial strains as well, including Rhizobium, Azotobacter, and phosphate-solubilizing bacteria.
BioWorks is an American-based producer of agricultural biologicals (biopesticides, biofertilizers, biostimulants, and plant-nutrient products). It primarily serves the markets for greenhouse, nursery, ornamental, and specialty crops. BioWorks' focus is to develop sustainable, environmentally sustainable solutions that reduce chemical pesticide application and support healthier soil and biology of plant.
CBF China Bio-Fertilizer AG produces microbial fertilizers and agricultural biological products that focus on the market. The company specializes in beneficial microorganisms focused on improving soil structure, nutrient uptake, and plant growth. CBF is meeting the growing demand for sustainable agricultural inputs in China.
The global biofertilizers market is poised for steady and sustained growth as agriculture shifts toward greener, more efficient nutrient management strategies. The increasing awareness of soil health, the rise of organic farming practices, and strong government support are creating a positive environment for widespread adoption of biofertilizers. Advances in microbial formulations and enhanced product stability are increasing the competitiveness of biofertilizers against chemical products, further expanding market share. As the need for sustainable crop productivity becomes paramount, biofertilizers are taking their place as critical components of modern agricultural systems. The market is targeted for extended growth in developed and emerging countries alike.
REQUEST FOR SAMPLE
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG15C2071
sales@skyquestt.com
USA +1 351-333-4748