Asia-Pacific Biofertilizer Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 552.57 Million |
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Market Size (2029) | USD 900.73 Million |
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Largest Share by Form | Azotobacter |
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CAGR (2024 - 2029) | 10.27 % |
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Largest Share by Country | China |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Biofertilizer Market Analysis
The Asia-Pacific Biofertilizer Market size is estimated at 552.57 million USD in 2024, and is expected to reach 900.73 million USD by 2029, growing at a CAGR of 10.27% during the forecast period (2024-2029).
552.57 Million
Market Size in 2024 (USD)
900.73 Million
Market Size in 2029 (USD)
2.61 %
CAGR (2017-2023)
10.27 %
CAGR (2024-2029)
Largest by Form
29.49 %
value share, Azotobacter, 2023
Azotobacter is a non-symbiotic nitrogen-fixing bacteria. It is utilized as a bio-fertilizer for all non-leguminous plants, particularly rice, cotton, and vegetables.
Fastest by Form
11.58 %
Projected CAGR, Rhizobium, 2024-2029
Rhizobium is a soil bacteria that aids leguminous plants in nitrogen fixation, potentially replacing commercial N fertilizers. Rhizobium increases agricultural productivity
Largest by Crop Type
81.95 %
value share, Row Crops, 2023
Rice, wheat, canola, barley, maize, and soybeans are the main row crops grown in the Region. Azotobacter dominated row crops, accounting for 29.2% of the market value in 2022.
Largest by Country
93.40 %
value share, China, 2023
The Azotobacter-based biofertilizers market is dominant in the country, they account for about 31.3% of the market value, which is valued at about USD 137.1 million in 2022
Leading Market Player
14.61 %
market share, Gujarat State Fertilizers & Chemicals Ltd, 2022
The company has a fully equipped R&D center to thrive in the fast-paced industrial developments and to timely innovate and upgrade the products to international standards.
- Biofertilizers are live microorganisms that promote plant nutrition by mobilizing or increasing nutrient availability in soils. Mycorrhiza, Azospirillum, Azotobacter, Rhizobium, and phosphate-solubilizing bacteria are the microorganisms most commonly utilized as biofertilizers in agriculture. The biofertilizer market in the region grew by 4.6% during the historical period between 2017 and 2022. However, the market value of biofertilizers is anticipated to increase by about 77.9% by the end of the forecast period (2023-2029).
- Among these biofertilizers, Azotobacter is the most widely utilized in the Asia Pacific region, accounting for 29.5% of the market in 2022, with a value of USD 138.3 million. Azotobacter is a nitrogen-fixing bacterium that does not require symbiotic relationships to fix atmospheric nitrogen and make it available to plants. It is used as a biofertilizer for all non-leguminous plants, including rice, cotton, and vegetables.
- The consumption of biofertilizers is dominant in row crops, valued at about USD 383.5 million in 2022. The major row crops cultivated in the region include rice, wheat, barley, corn, and soybeans. The dominance of row crops is mainly due to their large organic cultivation area, which accounted for about 67.5% of the region's organic crop cultivation area in 2022.
- Government initiatives in various regional countries to promote organic or sustainable farming have increased in response to growing organic crop production and the rising demand for organic products in both domestic and international markets. These factors may have an impact on the market throughout the forecast period. The value of the Asia-Pacific biofertilizer market is anticipated to increase by about 77.9% by the end of the forecast period, recording a CAGR of 8.6%.
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- The organic area under cultivation in Asia-Pacific expanded significantly over the historical period (2017-2022), going from 3.1 million hectares in 2017 to 3.8 million hectares in 2022, owing to the growing demand for organically cultivated food in many Asia-Pacific countries. As a result, the Asia-Pacific biofertilizer market expanded by 4.6% during the historical period.
- The most popular biofertilizer in Asia-Pacific is Azotobacter, which accounted for 29.6% of the market in 2022, valued at USD 134.4 million. It can be used as a biofertilizer in agriculture to make crop production more sustainable through its ability to fix nitrogen and solubilize bacteria.
- Azotobacter as bioinoculants have been demonstrated to increase agricultural productivity by 10-12%, leading to the synthesis of significant amounts of biologically active compounds, including nicotinic acid, biotin, heteroauxins, vitamin B, and gibberellins, which support root development and mineral absorption. The majority of non-leguminous crops, including rice, wheat, millets, cotton, tomato, cabbage, mustard, and safflower, are recommended for Azotobacter use.
- China held 93.5% of the total biofertilizer market value in 2022, making it the dominant country in the region. Row crops dominated the Chinese biofertilizer market in 2022, accounting for 82.3%. Row crops held a major organic acreage in the country, which was 2.1 million hectares in 2022.
- Due to rising consumer interest in organic products, farmers have become more aware of the disadvantages of relying on agricultural chemical inputs and rising organic acreage. The demand for biofertilizers in Asia-Pacific is anticipated to increase throughout the forecast period, with a CAGR of 8.6%.
Asia-Pacific Biofertilizer Market Trends
Growing Government support for organic cultivation in countries like China, India, Indonesia, and Australia, increased land for organic farming
- The area of organic agricultural land in Asia-Pacific was over 3.7 million ha in 2021, representing 26.4% of the global organic area, as per FiBL statistics. The organic area under cultivation grew by 19.3% during the historical period. As of 2020, the region had 1.83 million organic producers, with India topping the list with 1.3 million organic producers.
- China, India, Indonesia, and Australia are the major countries with large organic cultivation areas in the region. Government authorities in countries like China and India are constantly promoting organic agriculture to reduce reliance on chemical inputs for crop cultivation. For instance, India has implemented schemes like Paramparagat Krishi Vikas Yojana and the All India Network Programme on Organic Farming (AI-NPOF).
- In 2021, China accounted for a maximum share of 66.1%, with 2.5 million ha, followed by India, Indonesia, and Australia, with 19.3%, 1.5%, and 1.4%, respectively. The total organic land is divided into three crop types, namely row crops, horticultural crops, and cash crops. Row crops occupy a major share of organic agricultural land in the region, accounting for 67.5% share, i.e., 2.5 million ha in 2021. The major row crops grown in the region include paddy, wheat, pulses, soybeans, and millets.
- Cash crops held the second largest share, with 0.7 million ha in 2021, accounting for an 18.5% share of organic cropland. The demand for organic cash crops like sugar and organic tea is increasing worldwide. China and India are the largest organic green and black tea producers, respectively. The growing international demand is expected to increase the organic acreages in the region.
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Per capita spending on organic product predominant in Australia and China’s organic food market growing significantly
- The per capita spending on organic products in the region was recorded at USD 85.1 in 2021. Australia witnessed a higher per capita spending on organic products, with USD 34.49 in the same year, attributed to the higher demand due to consumers’ perception of organic food as healthy. As per the Global Organic Trade data, the organic packaged food and beverage market in Australia was valued at USD 885.2 million in 2021.
- China's organic food market grew by 13.3% in 2021, and the positive growth pattern is expected to continue, with a CAGR of 7.1% during the forecast period (Source: Global Organic Trade). With an increasing emphasis on the importance of organic products among the younger generation and the rising demand for organic baby food due to the growing number of mothers in the workforce and the increasing adoption of the health and wellness trend, organic products are expected to reach a value of USD 6.4 billion by 2025.
- Organic products in India represent far less than 1.0% of global demand, with a per capita expenditure of just USD 0.08 in 2021. However, the Indian market may grow over the coming years, reaching a value of USD 153.3 million by 2025. Currently, the region's organic goods market is highly fragmented, with just a few supermarkets and specialty stores selling them, as people from higher-income families are the only potential customers.
- Growing consumer knowledge and changing buying patterns may lead to a better understanding of organic food sustainability in the region. Increasing per capita income and increased consumer awareness of the importance of organic food can raise per capita expenditure on organic food items in the Asia-Pacific region.
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Asia-Pacific Biofertilizer Industry Overview
The Asia-Pacific Biofertilizer Market is fragmented, with the top five companies occupying 34.17%. The major players in this market are Biostadt India Limited, Gujarat State Fertilizers & Chemicals Ltd, Indian Farmers Fertiliser Cooperative Limited, Kiwa Bio-Tech and The Fertilizers and Chemicals Travancore Limited (sorted alphabetically).
Asia-Pacific Biofertilizer Market Leaders
Biostadt India Limited
Gujarat State Fertilizers & Chemicals Ltd
Indian Farmers Fertiliser Cooperative Limited
Kiwa Bio-Tech
The Fertilizers and Chemicals Travancore Limited
Other important companies include Atlántica Agrícola, Biolchim SpA, IPL Biologicals Limited, Suståne Natural Fertilizer Inc., Symborg Inc..
*Disclaimer: Major Players sorted in alphabetical order.
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Asia-Pacific Biofertilizer Market News
- September 2022: Corteva Agriscience agreed to acquire Symborg Inc. to strengthen its global presence with a strong distribution network.
- January 2021: Atlántica Agrícola’s developed Micomix, a biostimulant composed primarily of mycorrhizal fungi, rhizobacteria, and chelated micronutrients. The presence and development of these microorganisms in the rhizosphere create a symbiotic relationship with the plant that favors the absorption of water and mineral nutrients and increases its tolerance to water and salt stress.
- November 2019: IPL Biologicals Limited launched four new biofertilizer products, including Nitrogcea, Phosphacea, Potacea, and Zinkaacea, in Maharashtra, India.
Free with this Report
Along with the report, We also offer a comprehensive and exhaustive data pack on Areas under organic cultivation, one of the key trends that affect the market size of agricultural biologicals. This data pack also includes areas under cultivation by crop types, such as Row Crops (Cereals, Pulses, and Oilseeds), Horticultural Crops (Fruits and Vegetables), and Cash Crops in North America, Europe, Asia-Pacific, South America and Africa.
Asia-Pacific Biofertilizer Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Area Under Organic Cultivation
- 4.2 Per Capita Spending On Organic Products
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4.3 Regulatory Framework
- 4.3.1 Australia
- 4.3.2 China
- 4.3.3 India
- 4.3.4 Indonesia
- 4.3.5 Japan
- 4.3.6 Philippines
- 4.3.7 Thailand
- 4.3.8 Vietnam
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 Form
- 5.1.1 Azospirillum
- 5.1.2 Azotobacter
- 5.1.3 Mycorrhiza
- 5.1.4 Phosphate Solubilizing Bacteria
- 5.1.5 Rhizobium
- 5.1.6 Other Biofertilizers
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5.2 Crop Type
- 5.2.1 Cash Crops
- 5.2.2 Horticultural Crops
- 5.2.3 Row Crops
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5.3 Country
- 5.3.1 Australia
- 5.3.2 China
- 5.3.3 India
- 5.3.4 Indonesia
- 5.3.5 Japan
- 5.3.6 Philippines
- 5.3.7 Thailand
- 5.3.8 Vietnam
- 5.3.9 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Atlántica Agrícola
- 6.4.2 Biolchim SpA
- 6.4.3 Biostadt India Limited
- 6.4.4 Gujarat State Fertilizers & Chemicals Ltd
- 6.4.5 Indian Farmers Fertiliser Cooperative Limited
- 6.4.6 IPL Biologicals Limited
- 6.4.7 Kiwa Bio-Tech
- 6.4.8 Suståne Natural Fertilizer Inc.
- 6.4.9 Symborg Inc.
- 6.4.10 The Fertilizers and Chemicals Travancore Limited
7. KEY STRATEGIC QUESTIONS FOR AGRICULTURAL BIOLOGICALS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- ASIA-PACIFIC BIOFERTILIZER MARKET, AREA UNDER ORGANIC CULTIVATION, HECTARES, 2017 - 2022
- Figure 2:
- ASIA-PACIFIC BIOFERTILIZER MARKET, PER CAPITA SPENDING ON ORGANIC PRODUCTS, USD, 2017 - 2022
- Figure 3:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VOLUME, METRIC TON, 2017 - 2029
- Figure 4:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE, USD, 2017 - 2029
- Figure 5:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
- Figure 6:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
- Figure 7:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VOLUME SHARE(%), BY FORM, 2017 - 2029
- Figure 8:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2017 - 2029
- Figure 9:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
- Figure 10:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
- Figure 11:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
- Figure 12:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
- Figure 13:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
- Figure 14:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
- Figure 15:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
- Figure 16:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
- Figure 17:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
- Figure 18:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
- Figure 19:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
- Figure 20:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
- Figure 21:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
- Figure 22:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
- Figure 23:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
- Figure 24:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
- Figure 25:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY FORM, VALUE, USD, 2017 - 2029
- Figure 26:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
- Figure 27:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
- Figure 28:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
- Figure 29:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VOLUME SHARE(%), BY CROP TYPE, 2017 - 2029
- Figure 30:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2017 - 2029
- Figure 31:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
- Figure 32:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
- Figure 33:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 34:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
- Figure 35:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
- Figure 36:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 37:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
- Figure 38:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
- Figure 39:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 40:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 41:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 42:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VOLUME SHARE(%), BY COUNTRY, 2017 - 2029
- Figure 43:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY COUNTRY, 2017 - 2029
- Figure 44:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 45:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 46:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 47:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 48:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 49:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 50:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 51:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 52:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 53:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 54:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 55:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 56:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 57:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 58:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 59:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 60:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 61:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 62:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 63:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 64:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 65:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 66:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 67:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 68:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
- Figure 69:
- ASIA-PACIFIC BIOFERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
- Figure 70:
- ASIA-PACIFIC BIOFERTILIZER MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
- Figure 71:
- ASIA-PACIFIC BIOFERTILIZER MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017-2022
- Figure 72:
- ASIA-PACIFIC BIOFERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2017-2022
- Figure 73:
- ASIA-PACIFIC BIOFERTILIZER MARKET SHARE(%), BY MAJOR PLAYERS, 2023
Asia-Pacific Biofertilizer Industry Segmentation
Azospirillum, Azotobacter, Mycorrhiza, Phosphate Solubilizing Bacteria, Rhizobium are covered as segments by Form. Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Australia, China, India, Indonesia, Japan, Philippines, Thailand, Vietnam are covered as segments by Country.
- Biofertilizers are live microorganisms that promote plant nutrition by mobilizing or increasing nutrient availability in soils. Mycorrhiza, Azospirillum, Azotobacter, Rhizobium, and phosphate-solubilizing bacteria are the microorganisms most commonly utilized as biofertilizers in agriculture. The biofertilizer market in the region grew by 4.6% during the historical period between 2017 and 2022. However, the market value of biofertilizers is anticipated to increase by about 77.9% by the end of the forecast period (2023-2029).
- Among these biofertilizers, Azotobacter is the most widely utilized in the Asia Pacific region, accounting for 29.5% of the market in 2022, with a value of USD 138.3 million. Azotobacter is a nitrogen-fixing bacterium that does not require symbiotic relationships to fix atmospheric nitrogen and make it available to plants. It is used as a biofertilizer for all non-leguminous plants, including rice, cotton, and vegetables.
- The consumption of biofertilizers is dominant in row crops, valued at about USD 383.5 million in 2022. The major row crops cultivated in the region include rice, wheat, barley, corn, and soybeans. The dominance of row crops is mainly due to their large organic cultivation area, which accounted for about 67.5% of the region's organic crop cultivation area in 2022.
- Government initiatives in various regional countries to promote organic or sustainable farming have increased in response to growing organic crop production and the rising demand for organic products in both domestic and international markets. These factors may have an impact on the market throughout the forecast period. The value of the Asia-Pacific biofertilizer market is anticipated to increase by about 77.9% by the end of the forecast period, recording a CAGR of 8.6%.
| Form | Azospirillum |
| Azotobacter | |
| Mycorrhiza | |
| Phosphate Solubilizing Bacteria | |
| Rhizobium | |
| Other Biofertilizers | |
| Crop Type | Cash Crops |
| Horticultural Crops | |
| Row Crops | |
| Country | Australia |
| China | |
| India | |
| Indonesia | |
| Japan | |
| Philippines | |
| Thailand | |
| Vietnam | |
| Rest of Asia-Pacific |
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Market Definition
- AVERAGE DOSAGE RATE - The average application rate is the average volume of biofertilizers applied per hectare of farmland in the respective region/country.
- CROP TYPE - Crop type includes Row crops (Cereals, Pulses, Oilseeds), Horticultural Crops (Fruits and vegetables) and Cash Crops (Plantation Crops, Fibre Crops and Other Industrial Crops)
- FUNCTION - The crop nutrition function of agricultural biological consists of various products that provide essential plant nutrients and enhance soil quality.
- TYPE - Biofertilizers enhance soil quality by increasing the population of beneficial microorganisms. They help crops absorb nutrients from the environment.
| Keyword | Definition |
|---|---|
| Cash Crops | Cash crops are non-consumable crops sold as a whole or part of the crop to manufacture end-products to make a profit. |
| Integrated Pest Management (IPM) | IPM is an environment-friendly and sustainable approach to control pests in various crops. It involves a combination of methods, including biological controls, cultural practices, and selective use of pesticides. |
| Bacterial biocontrol agents | Bacteria used to control pests and diseases in crops. They work by producing toxins harmful to the target pests or competing with them for nutrients and space in the growing environment. Some examples of commonly used bacterial biocontrol agents include Bacillus thuringiensis (Bt), Pseudomonas fluorescens, and Streptomyces spp. |
| Plant Protection Product (PPP) | A plant protection product is a formulation applied to crops to protect from pests, such as weeds, diseases, or insects. They contain one or more active substances with other co-formulants such as solvents, carriers, inert material, wetting agents or adjuvants formulated to give optimum product efficacy. |
| Pathogen | A pathogen is an organism causing disease to its host, with the severity of the disease symptoms. |
| Parasitoids | Parasitoids are insects that lay their eggs on or within the host insect, with their larvae feeding on the host insect. In agriculture, parasitoids can be used as a form of biological pest control, as they help to control pest damage to crops and decrease the need for chemical pesticides. |
| Entomopathogenic Nematodes (EPN) | Entomopathogenic nematodes are parasitic roundworms that infect and kill pests by releasing bacteria from their gut. Entomopathogenic nematodes are a form of biocontrol agents used in agriculture. |
| Vesicular-arbuscular mycorrhiza (VAM) | VAM fungi are mycorrhizal species of fungus. They live in the roots of different higher-order plants. They develop a symbiotic relationship with the plants in the roots of these plants. |
| Fungal biocontrol agents | Fungal biocontrol agents are the beneficial fungi that control plant pests and diseases. They are an alternative to chemical pesticides. They infect and kill the pests or compete with pathogenic fungi for nutrients and space. |
| Biofertilizers | Biofertilizers contain beneficial microorganisms that enhance soil fertility and promote plant growth. |
| Biopesticides | Biopesticides are natural/bio-based compounds used to manage agricultural pests using specific biological effects. |
| Predators | Predators in agriculture are the organisms that feed on pests and help control pest damage to the crops. Some common predator species used in agriculture include ladybugs, lacewings, and predatory mites. |
| Biocontrol agents | Biocontrol agents are living organisms used to control pests and diseases in agriculture. They are alternatives to chemical pesticides and are known for their lesser impact on the environment and human health. |
| Organic Fertilizers | Organic fertilizer is composed of animal or vegetable matter used alone or in combination with one or more non-synthetically derived elements or compounds used for soil fertility and plant growth. |
| Protein hydrolysates (PHs) | Protein hydrolysate-based biostimulants contain free amino acids, oligopeptides, and polypeptides produced by enzymatic or chemical hydrolysis of proteins, primarily from vegetal or animal sources. |
| Biostimulants/Plant Growth Regulators (PGR) | Biostimulants/Plant Growth Regulators (PGR) are substances derived from natural resources to enhance plant growth and health by stimulating plant processes (metabolism). |
| Soil Amendments | Soil Amendments are substances applied to soil that improve soil health, such as soil fertility and soil structure. |
| Seaweed Extract | Seaweed extracts are rich in micro and macronutrients, proteins, polysaccharides, polyphenols, phytohormones, and osmolytes. These substances boost seed germination and crop establishment, total plant growth and productivity. |
| Compounds related to biocontrol and/or promoting growth (CRBPG) | Compounds related to biocontrol or promoting growth (CRBPG) are the ability of a bacteria to produce compounds for phytopathogen biocontrol and plant growth promotion. |
| Symbiotic Nitrogen-Fixing Bacteria | Symbiotic nitrogen-fixing bacteria such as Rhizobium obtain food and shelter from the host, and in return, they help by providing fixed nitrogen to the plants. |
| Nitrogen Fixation | Nitrogen fixation is a chemical process in soil which converts molecular nitrogen into ammonia or related nitrogenous compounds. |
| ARS (Agricultural Research Service) | ARS is the U.S. Department of Agriculture's chief scientific in-house research agency. It aims to find solutions to agricultural problems faced by the farmers in the country. |
| Phytosanitary Regulations | Phytosanitary regulations imposed by the respective government bodies check or prohibit the importation and marketing of certain insects, plant species, or products of these plants to prevent the introduction or spread of new plant pests or pathogens. |
| Ectomycorrhizae (ECM) | Ectomycorrhiza (ECM) is a symbiotic interaction of fungi with the feeder roots of higher plants in which both the plant and the fungi benefit through the association for survival. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
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