North America Biofertilizers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.18 Billion |
| Market Size (2029) | USD 1.92 Billion |
| CAGR (2024 - 2029) | 10.10 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Biofertilizers Market Analysis
The North America Biofertilizers Market size is estimated at USD 1.18 billion in 2024, and is expected to reach USD 1.92 billion by 2029, growing at a CAGR of 10.10% during the forecast period (2024-2029).
The United States is the largest and fastest-growing market, followed by Canada. Favorable government policies, an easy registration process, and the increasing number of organic farms are the main factors driving the market. Among biofertilizers, Rhizobium biofertilizers led the market in 2019 in North America. Popular genera used as biofertilizers in North America are Bradyrhizobium, Sinorhizobium, Azorhizobium, Mesorhizobium, and Allorhizobium. In 2019, grains and cereals contributed a major share of the North American biofertilizer market among the various types of crops. Wheat, corn, and soybean are some of the major cereals grown in North America that account for the majority of the biofertilizer applications in the region.
North America Biofertilizers Market Trends
Increasing Demand for Crops with Higher Quality and Yields
The growing population in North America is leading to a decline in the proportion of arable land, which is primarily used to produce food. This necessitates cultivating in poor soils. The application of biofertilizers helps in enhancing the yield and the quality of the soil. Therefore, it also improves the bioavailability of all kinds of nutrients. This, in turn, is anticipated to contribute to productivity, nutrient content, and profitability.
When biofertilizers are properly used to replenish nutrients removed from previous crops, they are anticipated to improve the productivity of farms. An increase in farm productivity is beneficial to the environment, primarily due to the lower requirement of land, labor, and energy per unit of output.
Consumption of organic food has become a popular trend in the last few years due to the awareness of a healthy diet. Organic food sales in the United States reached a record of 49.4 billion in 2017, an increase of 6.4% compared to the previous year. According to the FiBl, North America has 5% of organic agricultural land in the world, while the United States stands as the fifth-largest country. This is expected to drive the usage of biofertilizers in North America.
Rhizobium Biofertilizers Hold the Largest Market Share
The rhizobium segment accounted for 36.6% of the North American market in 2019. Rhizobium is a naturally occurring nitrogen-fixing bacterium found especially in the root nodules of leguminous plants. It has been estimated that 40-250 kg of nitrogen per hectare per year is fixed by different legume crops by microbial activities of rhizobium. In terms of products, rhizobium also accounts for the major share of biofertilizer production globally.
The popular genera used as biofertilizers are Bradyrhizobium, Sinorhizobium, Azorhizobium, Mesorhizobium, and Allorhizobium. Some popular Rhizobium-based products are Cell-Tech® (Novozymes), Nitragin Gold® (Novozymes), TagTeam® (Novozymes), Mamezo® (Tokachi Federation of Agricultural Cooperatives), R-Processing Seeds® (Tokachi Federation of Agricultural Cooperatives), and Hyper Coating Seeds ® (Tokachi Federation of Agricultural Cooperatives).
There is constant research being carried out to develop strains that are biotic/abiotic stress-tolerant across the region. For instance, Rhizobium trifolii inoculated with Trifoliumalexandrinum displayed higher biomass and increased nodulation under salinity stress conditions.
North America Biofertilizers Industry Overview
The biofertilizer market is highly fragmented, with the top six market players accounting for about 18.78% of the market, while other companies account for the remaining share. Kiwa Bio-Tech, Lallemand, Nutiren (Actagro LLC), and California Organic Fertilizers are some of the major players in the North American biofertilizer market. These players are making distribution agreements with local retail distributors to expand their regional presence.
For instance, Nutrien (Actagro LLC) expanded with multiple distribution points across key agricultural regions in Canada and the United States. It has over 2,000 retail locations in seven countries and a major presence in North America.
North America Biofertilizers Market Leaders
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Nutrien Ltd
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Agrinos
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Lallemand
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Kiwa Bio-Tech Products Group Corporation
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California Organic Fertilizers, Inc.
*Disclaimer: Major Players sorted in no particular order
North America Biofertilizers Market News
- July 2022: A new granular inoculant called LALFIX® START SPHERICAL Granule was launched, which combines Bacillus velezensis, a plant growth-promoting microbe, with two distinct rhizobium strains. This powerful and well-tested PGPM boosts phosphorus solubilization and improves root mass.
North America Biofertilizer Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porters Five Force's Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Microorganism
- 5.1.1 Rhizobium
- 5.1.2 Azotobacter
- 5.1.3 Azospirillum
- 5.1.4 Phosphate Solubilizing Bacteria
- 5.1.5 Mycorrhiza
- 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 Geography
- 5.3.1 United States
- 5.3.2 Canada
- 5.3.3 Mexico
- 5.3.4 Rest of North America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Agrinos
- 6.3.2 California Organic Fertilizers Inc.
- 6.3.3 Kiwa Bio-Tech Products Group Corporation
- 6.3.4 Lallemand Inc.
- 6.3.5 Rizobacter Argentina SA
- 6.3.6 Agrocare Canada
- 6.3.7 BioFert Manufacturing Inc.
- 6.3.8 Fertilizers USA LLC
- 6.3.9 Fertoz
- 6.3.10 Orgunique
- 6.3.11 Agriculture Solutions Inc.
- 6.3.12 Nutrein Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19
** Subject To AvailablityNorth America Biofertilizers Industry Segmentation
Biofertilizers used in agriculture are considered under the scope of the study. Biofertilizers are defined as substances comprising living microbes, which, when applied to seed, plant, and soil, stimulate growth by the supply of essential nutrients, such as N, P, and other mineral nutrients. The report provides an in-depth analysis of various parameters of the North American biofertilizer market and includes a detailed overview of the various geographical locations across North America, along with the competitive landscape of the major market players.
The North American biofertilizers market is segmented by microorganism (rhizobium, azotobacter, azospirillum, phosphate solubilizing bacteria, mycorrhiza, and other biofertilizers), crop type (cash crops, horticultural crops, and row crops), and geography (United States, Canada, Mexico, and Rest of North America).
| Microorganism | Rhizobium |
| Azotobacter | |
| Azospirillum | |
| Phosphate Solubilizing Bacteria | |
| Mycorrhiza | |
| Other Biofertilizers | |
| Crop Type | Cash Crops |
| Horticultural Crops | |
| Row Crops | |
| Geography | United States |
| Canada | |
| Mexico | |
| Rest of North America |
North America Biofertilizer Market Research FAQs
How big is the North America Biofertilizers Market?
The North America Biofertilizers Market size is expected to reach USD 1.18 billion in 2024 and grow at a CAGR of 10.10% to reach USD 1.92 billion by 2029.
What is the current North America Biofertilizers Market size?
In 2024, the North America Biofertilizers Market size is expected to reach USD 1.18 billion.
Who are the key players in North America Biofertilizers Market?
Nutrien Ltd, Agrinos, Lallemand, Kiwa Bio-Tech Products Group Corporation and California Organic Fertilizers, Inc. are the major companies operating in the North America Biofertilizers Market.
What years does this North America Biofertilizers Market cover, and what was the market size in 2023?
In 2023, the North America Biofertilizers Market size was estimated at USD 1.06 billion. The report covers the North America Biofertilizers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Biofertilizers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Bio Fertilizer Industry Report
Statistics for the 2024 North America Bio Fertilizer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Bio Fertilizer analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
