Market Size of north america biofertilizer Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 1.18 Billion |
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Market Size (2029) | USD 1.92 Billion |
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Largest Share by Form | Rhizobium |
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CAGR (2024 - 2029) | 10.18 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Biofertilizer Market Analysis
The North America Biofertilizer Market size is estimated at 1.18 billion USD in 2024, and is expected to reach 1.92 billion USD by 2029, growing at a CAGR of 10.18% during the forecast period (2024-2029).
1.18 Billion
Market Size in 2024 (USD)
1.92 Billion
Market Size in 2029 (USD)
10.18 %
CAGR (2017-2023)
10.18 %
CAGR (2024-2029)
Largest by Form
36.49 %
value share, Rhizobium, 2023
Rhizobium is mainly because it is a vital source of nitrogen to the majority of agricultural soils, which can fix nitrogen ranging from 200 to 300 kilograms annually.
Fastest by Form
10.84 %
Projected CAGR, Rhizobium, 2024-2029
The rhizobium based biofertilizers have the ability to reduce the overall dependence on chemical fertilizers, by reducing the total cost of production for farmers.
Largest by Crop Type
66.73 %
value share, Row Crops, 2023
The consumption of biofertilizers is dominant in row crops is mainly due to the large cultivation area, which accounts for 59.3% of the total organic cultivation area in 2022.
Largest by Country
46.90 %
value share, United States, 2023
The dominance of the United States is mainly due to its large organic cultivation area in the region, which accounts for 39.5% of the total organic crop area in the region.
Leading Market Player
5.75 %
market share, Novozymes, 2022
Novozymes' dynamic product portfolio of biological solutions is derived from naturally occurring microbes and enzymes, markets its products with the Nitragin® brand name.
- Biofertilizers are organic substances with living microorganisms that promote plant growth. The biofertilizer market value increased by about 49.3% from 2017 to 2021, attributed to the increasing awareness among farmers, the increasing overall registered organic farms in the region, and the shifting demand for organically or sustainably grown commodities.
- Mycorrhiza-based biofertilizers accounted for about 25.6% of the market value in 2022, mainly because their application can reduce the use of chemical fertilizers, particularly phosphorus, by up to 30%.
- Rhizobium-based biofertilizers dominated the North American biofertilizer market and accounted for about 36.5% of the market value in 2022, mainly due to their ability to decrease the overall dependence on inorganic nitrogen fertilizers.
- Azospirillum-based biofertilizers accounted for about 21.6% of the total market value in 2022. Azospirillum is involved in atmospheric nitrogen fixation in a wide range of crops, particularly in cereal crops like rice, maize, sorghum, wheat, and millet.
- Continuous research is being conducted to develop strains that are biotic/abiotic stress-tolerant. Under salinity stress, Rhizobium trifolii inoculated with Trifoliumalexandrinum showed increased biomass and nodulation.
- The increasing awareness about the overuse of fertilizers among farmers and the government initiatives to support sustainable agricultural practices and organic farming resulted in a rising demand for biofertilizers. Therefore, the market for biofertilizers is anticipated to increase during the forecast period.
- The United States dominated the North American biofertilizer market and accounted for about 45.6% of the market value in 2022. The dominance of the United States is mainly due to its large organic cultivation area in the region, which accounts for 39.5% of the total organic crop area.
- Canada is the second largest biofertilizer market, followed by the United States in the North American region. In 2022, Canada accounted for about 33.2% of the total biofertilizer market value in the region. Row crop cultivation is dominant in the country, and soybean, rapeseed, and wheat are some of the major crops cultivated in the country.
- Despite having the second-largest organic area in the North American region, Mexico accounted for only 18.2% of the biofertilizers market value in 2022. This is mainly attributed to lower application rates of biofertilizers in the country. The total biofertilizer volume consumption accounted for 3.2 thousand metric tons in 2022.
- The major agricultural countries in the rest of North America are Costa Rica, Cuba, Jamaica, and Guatemala. In these countries, cash crop cultivation is dominant compared to row and horticultural crops. Cash crop cultivation accounted for about 92.0% of the total organic crop area available in the rest of North America in 2022. The major cash crops grown in these countries are coffee, sugarcane, and spices.
- The biofertilizer market in the North American region is anticipated to increase at a higher pace in the United States compared to other countries in the region, which is attributed to various reasons like awareness among growers on sustainability and government initiatives for sustainable cultivation.
North America 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. Canada, Mexico, United States are covered as segments by Country.
- Biofertilizers are organic substances with living microorganisms that promote plant growth. The biofertilizer market value increased by about 49.3% from 2017 to 2021, attributed to the increasing awareness among farmers, the increasing overall registered organic farms in the region, and the shifting demand for organically or sustainably grown commodities.
- Mycorrhiza-based biofertilizers accounted for about 25.6% of the market value in 2022, mainly because their application can reduce the use of chemical fertilizers, particularly phosphorus, by up to 30%.
- Rhizobium-based biofertilizers dominated the North American biofertilizer market and accounted for about 36.5% of the market value in 2022, mainly due to their ability to decrease the overall dependence on inorganic nitrogen fertilizers.
- Azospirillum-based biofertilizers accounted for about 21.6% of the total market value in 2022. Azospirillum is involved in atmospheric nitrogen fixation in a wide range of crops, particularly in cereal crops like rice, maize, sorghum, wheat, and millet.
- Continuous research is being conducted to develop strains that are biotic/abiotic stress-tolerant. Under salinity stress, Rhizobium trifolii inoculated with Trifoliumalexandrinum showed increased biomass and nodulation.
- The increasing awareness about the overuse of fertilizers among farmers and the government initiatives to support sustainable agricultural practices and organic farming resulted in a rising demand for biofertilizers. Therefore, the market for biofertilizers is anticipated to increase during the forecast period.
| Form | |
| Azospirillum | |
| Azotobacter | |
| Mycorrhiza | |
| Phosphate Solubilizing Bacteria | |
| Rhizobium | |
| Other Biofertilizer |
| Crop Type | |
| Cash Crops | |
| Horticultural Crops | |
| Row Crops |
| Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
North America Biofertilizer Market Size Summary
The North American biofertilizer market is experiencing significant growth, driven by increasing awareness among farmers about sustainable agricultural practices and government initiatives supporting organic farming. Biofertilizers, which are organic substances containing living microorganisms, are gaining popularity as they promote plant growth and reduce the reliance on chemical fertilizers. The market is characterized by a diverse range of biofertilizers, including mycorrhiza-based, rhizobium-based, and azospirillum-based products, each contributing to the reduction of chemical fertilizer usage. The United States leads the market due to its extensive organic cultivation area, followed by Canada and Mexico. The demand for biofertilizers is expected to rise as more farmers adopt organic farming practices and as the region continues to expand its organic crop area.
The market landscape in North America is fragmented, with key players such as Lallemand Inc., Novozymes, Rizobacter, Suståne Natural Fertilizer, Inc., and Symborg Inc. holding a modest share. Recent strategic moves, such as Corteva Agriscience's acquisition of Symborg Inc., aim to enhance distribution networks and global presence. Innovations like the launch of LALFIX® START SPHERICAL Granule, which combines beneficial microbes to improve phosphorus solubilization and root mass, highlight the ongoing advancements in biofertilizer technology. Partnerships, such as that between Novozymes and AgroFresh, focus on leveraging biotechnology to enhance post-harvest quality and reduce food waste, aligning with the growing consumer demand for sustainable and environmentally friendly agricultural solutions.
North America Biofertilizer Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Form
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1.1.1 Azospirillum
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1.1.2 Azotobacter
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1.1.3 Mycorrhiza
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1.1.4 Phosphate Solubilizing Bacteria
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1.1.5 Rhizobium
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1.1.6 Other Biofertilizer
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1.2 Crop Type
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1.2.1 Cash Crops
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1.2.2 Horticultural Crops
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1.2.3 Row Crops
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1.3 Country
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1.3.1 Canada
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1.3.2 Mexico
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1.3.3 United States
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1.3.4 Rest of North America
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North America Biofertilizer Market Size FAQs
How big is the North America Biofertilizer Market?
The North America Biofertilizer Market size is expected to reach USD 1.18 billion in 2024 and grow at a CAGR of 10.18% to reach USD 1.92 billion by 2029.
What is the current North America Biofertilizer Market size?
In 2024, the North America Biofertilizer Market size is expected to reach USD 1.18 billion.
