Market Size of europe biofertilizer Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 1.04 Billion |
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Market Size (2029) | USD 1.63 Billion |
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Largest Share by Form | Mycorrhiza |
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CAGR (2024 - 2029) | 9.40 % |
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Largest Share by Country | France |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Biofertilizer Market Analysis
The Europe Biofertilizer Market size is estimated at 1.04 billion USD in 2024, and is expected to reach 1.63 billion USD by 2029, growing at a CAGR of 9.40% during the forecast period (2024-2029).
1.04 Billion
Market Size in 2024 (USD)
1.63 Billion
Market Size in 2029 (USD)
6.82 %
CAGR (2017-2023)
9.40 %
CAGR (2024-2029)
Largest by Form
62.76 %
value share, Mycorrhiza, 2023
Mycorrhiza is the most consumed biofertilizer in the European region. Mycorrhiza helps in reducing the intake of arsenic in plants which drives the usage of mycorrizha.
Fastest by Form
10.04 %
Projected CAGR, Rhizobium, 2024-2029
Rhizobium is the second most consumed biofertilizer which accounted for 13.2 % in 2022 aand fruit & vegetable crops accounted for 20.3 % of rhizobium consumption.
Largest by Crop Type
79.05 %
value share, Row Crops, 2023
The major row crops in the European region include Barley, corn, wheat, rapeseed, rye, sunflower, soybean, rice, etc. Mycorrhiza accounted for 62.3% share in the year 2022.
Largest by Country
21.18 %
value share, France, 2023
France is the largest market in the European Region for biofertilizers. Application of biofertilizers in the crops wheat, barley, corn, & potatoes was proven to be effective.
Leading Market Player
0.65 %
market share, Symborg, Inc., Inc.
It offers biofertilizers products based on beneficial microorganisms with a proven effectiveness that are in symbiosis with plants to naturally aid in growth and nutrition.
- Biofertilizers are living microorganisms that can enhance plant nutrition by either mobilizing or increasing nutrient availability in soils. The most common microorganisms used as biofertilizers in agriculture include mycorrhiza, Azospirillum, Azotobacter, Rhizobium, and phosphate-solubilizing bacteria.
- Among these biofertilizers, mycorrhiza is most predominantly used in Europe and accounted for a market share of 62.8% in 2022, with a value of USD 54.9 million. Mycorrhiza is a fungus that establishes a symbiotic relationship with the plant root system. It increases the root surface area of plants, enhancing their nutrient uptake.
- Rhizobium is the most important nitrogen-fixing bacterium that exists in a symbiotic relationship with plants and lives in the root nodules of leguminous plants. Rhizobium is the second most consumed biofertilizer in the region, accounting for a share of 13.2% in 2022.
- It has been found that 40-250 kg of nitrogen per hectare per year is fixed in different legume crops by the microbial activities of Rhizobium. The European Union is planning to transition toward sustainable plant protein production by expanding the area under leguminous crop cultivation. This move may potentially drive the Rhizobium segment of the market.
- Azospirillum and Azotobacter are free-living, nitrogen-fixing bacteria that can fix atmospheric nitrogen and make it available to plants in a non-symbiotic manner. Biological nitrogen fixation contributes to soil fertility and crop productivity. Due to the increasing demand for food production, the use of Azotobacter in the European region is anticipated to grow.
Understand The Key Trends Shaping This Market
- The European biofertilizer market has experienced significant growth in recent years, primarily driven by the increasing demand for organically grown food in countries like Germany, France, and Italy. During the historical period (2017-2022), the region's organically cultivated area grew from 4.9 million ha to 7.3 million ha, resulting in a 28.1% increase in the biofertilizer market.
- To support the growth of organic farming practices in Europe, in 2021, the European Commission unveiled an action plan to increase the organic area in member countries to occupy 25.0% of the region's agricultural land area by 2030. In response, governments across the region are providing subsidies to organic farmers and diverting agricultural budgets toward promoting organic farming practices.
- For example, in 2022, the German government planned to subsidize organic farmers with a budget of USD 35.46 billion, while the Italian government invested USD 3.54 billion through the National Strategic Plan to promote organic agriculture. Italy aims to convert 25.0% of its agricultural land to organic farming by 2027, three years ahead of the target set by the European Commission.
- In terms of market consumption, France was the largest market in Europe for plant biofertilizers, accounting for a 21.1% share in 2022, followed by Italy (15.8%) and Spain (10.5%).
- The growth of the European biofertilizer market is expected to continue due to the increasing popularity of organic farming practices and rising government initiatives driving the transition toward more sustainable agricultural practices.
