North America Biofertilizers Market

North America Biofertilizers Market Size (2024 to 2029)

The North America biofertilizers market size is expected to reach USD 0.86 billion in 2024 and reach USD 1.57 billion by 2029, growing at a CAGR of 12.87% from 2024 to 2029. The North American biofertilizer market is led by the U.S., followed by Canada.

Biofertilizers play a crucial role in improving organic content in the soil, which supplies necessary nutrients to plants. They are economical as compared to chemical fertilizers, as biofertilizers escalate soil fertility in the long run by reinstating the natural nutrient generation cycle of soil. Biofertilizers offer several benefits to the fertility and production of soil by naturally increasing the nutrient uptake that is necessary for the growth and progress of plants.

The fast progress of biofertilizer use in agriculture, in addition to the growing demand for organic food and new organic goods in the region, has led to the high growth of the biofertilizer market. The surges in the cost of synthetic fertilizers and alertness towards the necessity of balanced nourishment for plants have also fuelled the biofertilizer market. Price is also a significant factor for the biofertilizer market which is presently posing a negative effect on the biofertilizer market.

This research report on the North American biofertilizers market is segmented and sub-segmented into the following categories.

North America Biofertilizers Market Analysis By Type

• Nitrogen Fixing
• Phosphate Solubilizing
• Potash Mobilizing

North America Biofertilizers Market Analysis By Crop Type

• Cereals & Grains
• Pulses & Oilseeds
• Fruits & Vegetables

North America Biofertilizers Market Analysis By Application

• Seed Treatment
• Soil Treatment

North America Biofertilizers Market Analysis By Form

• Pure & Mixed Liquid Fermentations
• Dispersible Granules
• Pellets

COUNTRY ANALYSIS

• USA
• Canada

In the U.S., the biofertilizer industry is comparatively new, highly segregated, undercapitalized, and increasing rapidly.

KEY PLAYERS IN THE NORTH AMERICA BIOFERTILIZERS MARKET

Lallemand Inc. (Canada), Rashtriya Chemicals & Fertilizers Ltd. (India), Camson Bio Technologies Limited (India), T. Stanes & Company Limited (India), Rizobacter Argentina S.A. (Argentina), Gujarat State Fertilizers & Chemicals Ltd. (India), Novozymes A/S (Denmark), Madras Fertilizers Limited (India), Camson Bio Technologies Limited (India) and Nutramax Laboratories Inc. (U.S.).