Mycorrhiza Biofertilizers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Mycorrhiza-based Biofertilizers Market Manufacturers and is Segmented by Type (Ectomycorrhizae and Endomycorrhizae), Form (Liquid and Solid), Mode of Application (Seed Treatment, Soil Treatment, and Fertilization Treatment), Application (Agricultural and Non-Agricultural), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The report offers the market size and forecast in terms of value in (USD thousand) for all of the above segments.

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Mycorrhiza Biofertilizers Market Size

Mycorrhiza Market Summary
svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 1.18 Billion
svg icon Market Size (2029) USD 1.87 Billion
svg icon Largest Share by Crop Type Row Crops
svg icon CAGR (2024 - 2029) 9.65 %
svg icon Largest Share by Region Europe

Major Players

Mycorrhiza Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

Compare market size and growth of Mycorrhiza Market with other markets in Agriculture Industry

Seeds

Crop Protection

Fertilizers

Agricultural Commodities

Agriculture Services

Agricultural Machinery and Technology

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Mycorrhiza Biofertilizers Market Analysis

The Mycorrhiza Market size is estimated at USD 1.18 billion in 2024, and is expected to reach USD 1.87 billion by 2029, growing at a CAGR of 9.65% during the forecast period (2024-2029).

  • Row Crops is the Largest Crop Type. Barley, corn, wheat, rapeseed, rye, sunflower, soybean, and rice are produced globally. Mycorrhiza contributes to several immobile and mobile elements from plants.
  • Horticultural Crops is the Fastest-growing Crop Type. The growing consumption of organic produce and the rising acreage under the organic fruits and vegetable crops resulted in more mycorrhiza consumption in horticultural crops.
  • Europe is the Largest Region. France and Italy countries are dominating the mycorrhiza market, this is due to the increased organic cultivation of row crops and the reduction in chemical fertilizers use.
  • France is the Largest Country. Cabbage, lentils, pumpkins, wheat, maize, barley, and potatoes are the organic crops produce in the country. Mycorrhiza application reduce the chemical fertilizer consumption.

Mycorrhiza Biofertilizers Market Trends

This section covers the major market trends shaping the Mycorrhiza Market according to our research experts:

Row Crops is the largest Crop Type

  • Mycorrhiza is a fungus that establishes a symbiotic relationship with the plant root system. It increases the root surface area of the plants, which in turn enhances the nutrient uptake of the plants. Row crops dominate the mycorrhiza market, and the segment accounted for about 76.0% of the market value in 2022. Barley, corn, wheat, rapeseed, rye, sunflower, soybean, and rice are the major row crops grown globally.
  • Horticultural crops represent 19.2% of the global mycorrhiza market, valued at USD 191.9 million in 2022, with Europe being the dominant market with a share of 52.6% in the same year. The demand for organic fruits and vegetables in the region is growing, with Germany and France being the major markets for organic food consumption.
  • Cash crops, including coffee, tea, cocoa, cotton, and sugarcane, accounted for 4.7% of the global mycorrhiza market in 2022. The North American region dominates the mycorrhiza biofertilizer market for cash crops. The segment accounted for 59.2% of the total value in 2022, with the United States being the dominant market, accounting for 47.0% of the market share. The large cultivation area in the United States and the presence of phosphorous-deficient soils in about 16 states are the main factors contributing to this dominance.
  • The use of mycorrhiza in agriculture provides a sustainable and eco-friendly approach to improving plant growth and productivity. The mycorrhiza market is expected to grow in the coming years as more farmers and growers adopt this technology to improve their yields and reduce their environmental footprint.
Mycorrhiza Market: Mycorrhiza Market, CAGR, %, By Crop Type, 2023 - 2029

Europe is the largest Region

  • Mycorrhiza is the most consumed biofertilizer globally, and it accounted for a share of 36.3% in 2022, with a market value of USD 995.3 million and a volume of 96.6 thousand metric tons. Mycorrhiza is a fungus that establishes a symbiotic relationship with the plant root system. It increases the root surface area of the plants, which in turn enhances the nutrient uptake of the plants.
  • Europe dominated the global biofertilizers market with a share of 55.2% in 2022. Mycorrhiza biofertilizer in the European region accounted for a market value of USD 39.8 million in 2022 and a volume of 1.1 thousand metric tons in the same year. The European market is estimated to grow and register a CAGR of 9.3% during the forecast period (2023-2029).
  • North America accounted for 25.4% of the global mycorrhiza market in 2022. Row crops dominated the North American mycorrhiza biofertilizer market, accounting for about 68.1% of the market value in 2022. This is mainly due to the more phosphorous-demanding cereal crops, like corn and maize, and the presence of large-row crop cultivation areas in the country
  • Mycorrhiza, also referred to as arbuscular mycorrhizal fungi (AMF), was proven to increase crop yields significantly. About 231 field trials conducted over four years in Europe in potato filed under ideal conditions increased the yield of marketable potatoes by 9.5% on average. Mycorrhizae contribute significantly to plant nutrition, particularly to phosphorus uptake. They contribute to the selective absorption of immobile (P, Zn, and Cu) and mobile (S, Ca, K, Fe, Mn, Cl, Br, and N) elements from plants and water uptake.
Mycorrhiza Market: Mycorrhiza Market, CAGR, %, By Region, 2023 - 2029

Mycorrhiza Biofertilizers Industry Overview

The Mycorrhiza Market is fragmented, with the top five companies occupying 2%. The major players in this market are Atlántica Agrícola, Biolchim SPA, Gujarat State Fertilizers & Chemicals Ltd, Koppert Biological Systems Inc. and Symborg, Inc. (sorted alphabetically).

Mycorrhiza Biofertilizers Market Leaders

  1. Atlántica Agrícola

  2. Biolchim SPA

  3. Gujarat State Fertilizers & Chemicals Ltd

  4. Koppert Biological Systems Inc.

  5. Symborg, Inc.

*Disclaimer: Major Players sorted in no particular order

Mycorrhiza Market Concentration
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Mycorrhiza Biofertilizers Market News

  • June 2022: Valent BioSciences LLC confirmed that it approved a big expansion of its biorational manufacturing facility in Osage, Iowa, to meet the rising demand for its biorational products and introduce new products that will necessitate more capacity.
  • March 2021: Symborg opened a new hydrolysis plant in Spain, with a total investment of USD 28.0 million. The plant is designed for the manufacturing of sustainable products for agriculture, such as biofertilizer (mycorrhiza-based) solutions that are imported to the US market.
  • February 2021: Koppert developed a biofertilizer product called VICI MYCO D, which is based on microorganisms and contributes to the start and development of the roots of plants as soon as crops are planted. It helps in exploiting mineral resources and improves tolerance to abiotic stresses.

Mycorrhiza Biofertilizers 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
  • 4.3 Regulatory Framework
  • 4.4 Value Chain & Distribution Channel Analysis

5. MARKET SEGMENTATION

  • 5.1 Crop Type
    • 5.1.1 Cash Crops
    • 5.1.2 Horticultural Crops
    • 5.1.3 Row Crops
  • 5.2 Region
    • 5.2.1 Africa
    • 5.2.1.1 By Country
    • 5.2.1.1.1 Egypt
    • 5.2.1.1.2 Nigeria
    • 5.2.1.1.3 South Africa
    • 5.2.1.1.4 Rest of Africa
    • 5.2.2 Asia-Pacific
    • 5.2.2.1 By Country
    • 5.2.2.1.1 Australia
    • 5.2.2.1.2 China
    • 5.2.2.1.3 India
    • 5.2.2.1.4 Indonesia
    • 5.2.2.1.5 Japan
    • 5.2.2.1.6 Philippines
    • 5.2.2.1.7 Thailand
    • 5.2.2.1.8 Vietnam
    • 5.2.2.1.9 Rest of Asia-Pacific
    • 5.2.3 Europe
    • 5.2.3.1 By Country
    • 5.2.3.1.1 France
    • 5.2.3.1.2 Germany
    • 5.2.3.1.3 Italy
    • 5.2.3.1.4 Netherlands
    • 5.2.3.1.5 Russia
    • 5.2.3.1.6 Spain
    • 5.2.3.1.7 Turkey
    • 5.2.3.1.8 United Kingdom
    • 5.2.3.1.9 Rest of Europe
    • 5.2.4 Middle East
    • 5.2.4.1 By Country
    • 5.2.4.1.1 Iran
    • 5.2.4.1.2 Saudi Arabia
    • 5.2.4.1.3 Rest of Middle East
    • 5.2.5 North America
    • 5.2.5.1 By Country
    • 5.2.5.1.1 Canada
    • 5.2.5.1.2 Mexico
    • 5.2.5.1.3 United States
    • 5.2.5.1.4 Rest of North America
    • 5.2.6 South America
    • 5.2.6.1 By Country
    • 5.2.6.1.1 Argentina
    • 5.2.6.1.2 Brazil
    • 5.2.6.1.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles
    • 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 Indogulf BioAg LLC (Biotech Division of Indogulf Company)
    • 6.4.6 Koppert Biological Systems Inc.
    • 6.4.7 Suståne Natural Fertilizer Inc.
    • 6.4.8 Symborg, Inc.
    • 6.4.9 T.Stanes and Company Limited
    • 6.4.10 Valent Biosciences LLC
  • *List Not Exhaustive

7. KEY STRATEGIC QUESTIONS FOR AGRICULTURAL BIOLOGICALS CEOS

8. APPENDIX

  • 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
** Subject To Availablity

List of Tables & Figures

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  2. GLOBAL MYCORRHIZA MARKET, AREA UNDER ORGANIC CULTIVATION, HECTARES, 2017 - 2022
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  2. GLOBAL MYCORRHIZA MARKET, PER CAPITA SPENDING ON ORGANIC PRODUCTS, USD, 2017 - 2022
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  2. GLOBAL MYCORRHIZA MARKET, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL MYCORRHIZA MARKET, VALUE, USD, 2017 - 2029
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  2. GLOBAL MYCORRHIZA MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 122:  
  2. GLOBAL MYCORRHIZA MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 123:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 124:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 125:  
  2. GLOBAL MYCORRHIZA MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 126:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 127:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 128:  
  2. GLOBAL MYCORRHIZA MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 129:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 130:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 131:  
  2. GLOBAL MYCORRHIZA MARKET, VOLUME SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 132:  
  2. GLOBAL MYCORRHIZA MARKET, VALUE SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 133:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 134:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 135:  
  2. GLOBAL MYCORRHIZA MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 136:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 137:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 138:  
  2. GLOBAL MYCORRHIZA MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 139:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 140:  
  2. GLOBAL MYCORRHIZA MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 141:  
  2. GLOBAL MYCORRHIZA MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 142:  
  2. GLOBAL MYCORRHIZA MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017-2022
  1. Figure 143:  
  2. GLOBAL MYCORRHIZA MARKET, MOST ADOPTED STRATEGIES, 2017-2022
  1. Figure 144:  
  2. GLOBAL MYCORRHIZA MARKET SHARE(%), BY MAJOR PLAYERS, 2022

Mycorrhiza Biofertilizers Industry Segmentation

Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
Crop Type Cash Crops
Horticultural Crops
Row Crops
Region Africa By Country Egypt
Nigeria
South Africa
Rest of Africa
Region Asia-Pacific By Country Australia
China
India
Indonesia
Japan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Region Europe By Country France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
Region Middle East By Country Iran
Saudi Arabia
Rest of Middle East
Region North America By Country Canada
Mexico
United States
Rest of North America
Region South America By Country Argentina
Brazil
Rest of South America
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Market Definition

  • AVERAGE DOSAGE RATE - This refers to the average volume of Mycorrhiza based biofertilizers applied per hectare of farmland in the respective region/country.
  • CROP TYPE - Row Crops: Cereals, Pulses, Oilseeds, and Forage Crops Horticulture: Fruits, and Vegetables, Cash Crops: Plantation Crops and Spices.
  • FUNCTIONS - Mycorrhiza based biofertilizers
  • MARKET ESTIMATION LEVEL - Market Estimations for various types of Mycorrhiza based biofertilizers has been done at the product-level.
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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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Mycorrhiza Biofertilizers Market Research FAQs

The Mycorrhiza Market size is expected to reach USD 1.18 billion in 2024 and grow at a CAGR of 9.65% to reach USD 1.87 billion by 2029.

In 2024, the Mycorrhiza Market size is expected to reach USD 1.18 billion.

Atlántica Agrícola, Biolchim SPA, Gujarat State Fertilizers & Chemicals Ltd, Koppert Biological Systems Inc. and Symborg, Inc. are the major companies operating in the Mycorrhiza Market.

In the Mycorrhiza Market, the Row Crops segment accounts for the largest share by crop type.

In 2024, Europe accounts for the largest share by region in the Mycorrhiza Market.

In 2023, the Mycorrhiza Market size was estimated at USD 1.09 billion. The report covers the Mycorrhiza Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mycorrhiza Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Mycorrhiza Biofertilizers Industry Report

Statistics for the 2024 Mycorrhiza Biofertilizers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mycorrhiza Biofertilizers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Mycorrhiza Biofertilizers Market Report Snapshots

Mycorrhiza Biofertilizers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)