Biofertilizers Market 2030: Seed Treatment Takes the Lead
Biofertilizers Market Summary The global biofertilizers market was valued at USD 1.38 billion in 2024 and is projected to reach USD 2.83 billion by 2030, expanding at a CAGR of 12.8% from 2025 to 2030. The growing use of microbial biofertilizers highlights their potential in promoting sustainable farming practices and ensuring food safety, serving as an environmentally friendly alternative to chemical fertilizers. Market growth is primarily driven by a supportive regulatory environment in Europe and North America, alongside technological innovations aimed at improving biofertilizer production efficiency. Increasing awareness of the environmental impact of synthetic fertilizers has prompted manufacturers to invest more heavily in research and development, a trend expected to accelerate market demand in the coming years. Additionally, the rising consumer demand for organic food products, particularly in developed regions such as North America and Europe, is further fueling the adoptio...