1. What is the projected Compound Annual Growth Rate (CAGR) of the U.S. Biofertilizers Market?
The projected CAGR is approximately 11.78%.
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U.S. Biofertilizers Market by Type (Nitrogen Fixing, Phosphate Solubilizers, Others), by Microorganism (Rhizobium, Azotobacter, Azospirillum, Pseudomonas, Bacillus, VAM, Others), by Application (Seed Treatment, Soil Treatment, Others), by Crop Type (Cereals, Pulses & Oilseeds, Fruits & Vegetables, Others), by Forecast 2025-2033
The U.S. Biofertilizers Market size was valued at USD 419.18 USD Million in 2023 and is projected to reach USD 914.01 USD Million by 2032, exhibiting a CAGR of 11.78 % during the forecast period. The U.S. biofertilizers market is observing a spike in its volume thanks to the farm practices advocating the use of natural resources in their production processes. Biofertilizers made up of microorganisms in life, improve soil fertility and the general growth plan of our crops, thus, providing a green option to harmful chemical fertilizers. These microbe inoculants such as nitrogen-fixing, phosphate-solubilizing and potassium-solubilizing strains help the soil to become enriched with vital nutrients. Plant growth and the enhancement of yields are promoted by bacteria, fungi or microalgae found in hosts of microorganisms. With the move towards biofertilizers, there is little to no need for chemical fertilizers which in turn promotes more sustainable farming practices while healthier soils and higher crop yields are achieved. This way of thinking is instrumental in environmental protection and the promotion of the long-run sustainability of agriculture.


Type:
Microorganism:
Application:
Crop Type:
The U.S. biofertilizers market is anticipated to experience substantial growth across all regions, with key growth areas including:
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 11.78% from 2019-2033 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 11.78%.
Key companies in the market include Lallemand Inc. (Canada), Kiwa Bio-Tech Products Group Corporation (U.S.), BioWorks, Inc.(U.S.) , Novozymes A/S (Denmark), Rizobacter S.A. (Argentina), SYMBORG CORPORATE, SL. (Spain), Suståne Natural Fertilizer, Inc. (U.S.), The Espoma Company (U.S.), AgroLiquid (U.S.), Chr. Hansen Holding A/S (Denmark).
The market segments include Type, Microorganism, Application, Crop Type.
The market size is estimated to be USD 419.18 USD Million as of 2022.
Increasing Adoption of Precision Farming Techniques to Propel Agricultural Sprayer Demand.
Subsidizing Agricultural Machinery to Propel Market to Next Height.
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The market size is provided in terms of value, measured in USD Million and volume, measured in 1,000 Tonnes.
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