Market Size of china biofertilizer Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 516.16 Million |
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Market Size (2029) | USD 845.67 Million |
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Largest Share by Form | Azotobacter |
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CAGR (2024 - 2029) | 10.38 % |
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Fastest Growing by Form | Rhizobium |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
China Biofertilizer Market Analysis
The China Biofertilizer Market size is estimated at 516.16 million USD in 2024, and is expected to reach 845.67 million USD by 2029, growing at a CAGR of 10.38% during the forecast period (2024-2029).
516.16 Million
Market Size in 2024 (USD)
845.67 Million
Market Size in 2029 (USD)
2.45 %
CAGR (2017-2023)
10.38 %
CAGR (2024-2029)
Largest by Form
31.31 %
value share, Azotobacter, 2023
Azotobacter is a nitrogen-fixing bacteria that capable of fixing roughly 20.0 kg of nitrogen per hectare and can be used as a substitute for mineral nitrogen fertilizers.
Fastest by Form
11.69 %
Projected CAGR, Rhizobium, 2024-2029
Rhizobium, a member of the bacterial family Rhizobiaceae, can fix N2 in both legumes and non-legume crops and capable of fixing up to 300 kg N/ha/year in various legume crops.
Largest by Crop Type
82.35 %
value share, Row Crops, 2023
The major row crops grown in China are rice, wheat, corn, peanuts, millet, barley, oilseeds. Azotobacter is the most consumed biofertilizer in row crops with 31.7% in 2022.
Fastest by Crop Type
10.67 %
Projected CAGR, Cash Crops, 2024-2029
The major cash crops grown in China include sugarcane, tea, cotton, tobacco, etc. Seaweed extracts are the most consumed biofertilizer in cash crops with 29.6% in 2022.
Leading Market Player
2.10 %
market share, Genliduo Bio-tech Corporation Ltd, 2022
Genliduo is a manufacturer of Organic-Inorganic compound fertilizers, microbial organic fertilizers, water-soluble fertilizers, microbial agents, and soil conditioners.
- Biofertilizers are living microorganisms that improve plant nutrition by mobilizing or increasing nutrient availability in soils. Biofertilizers are essential components of organic farming that play an important role in long-term soil fertility and sustainability by fixing atmospheric nitrogen, mobilizing fixed macro and micronutrients, or converting insoluble phosphorous in the soil into forms available to plants.
- In the Chinese biofertilizer market, Azotobacter is the most consumed biofertilizer, dominating the market with a share of 31.3%, valued at USD 137.1 million, followed by Mycorrhiza, Azospirillum, Rhizobium, and phosphate-solubilizing bacteria with shares of 22%, 22.0%, 11.6%, and 11.2%, respectively, in 2022.
- As of 2021, China achieved its "eighteenth consecutive bumper grain harvest." However, this achievement was accomplished by problems such as the chronic overuse of agricultural fertilizers. China exceeds the internationally accepted upper limit of agricultural fertilizer per unit area. As a major global agricultural producer, China proposed a fertilizer reduction and efficiency initiative in 2015 to achieve "zero fertilizer growth rate and zero fertilizer use reduction" by 2020. China achieved a fertilizer reduction of 12.82% from 2015 to 2020. This initiative increased the consumption value of biofertilizers in the Chinese agricultural sector by 7.0% during the historical period (2017-2022).
- Organic farming is also increasing in China as the demand for organic food continues to rise. From 2017 to 2022, 29.6% of organic acreage increased. Increasing organic acreage and government initiatives are expected to boost the value of the Chinese biofertilizers market during the forecast period by 78.8%.
Understand The Key Trends Shaping This Market
