Market Size of mycorrhiza Industry
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 1.18 Billion |
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Market Size (2029) | USD 1.87 Billion |
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Largest Share by Crop Type | Row Crops |
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CAGR (2024 - 2029) | 9.65 % |
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Largest Share by Region | Europe |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Mycorrhiza Biofertilizers Market Analysis
The Mycorrhiza Market size is estimated at USD 1.18 billion in 2024, and is expected to reach USD 1.87 billion by 2029, growing at a CAGR of 9.65% during the forecast period (2024-2029).
- Row Crops is the Largest Crop Type. Barley, corn, wheat, rapeseed, rye, sunflower, soybean, and rice are produced globally. Mycorrhiza contributes to several immobile and mobile elements from plants.
- Horticultural Crops is the Fastest-growing Crop Type. The growing consumption of organic produce and the rising acreage under the organic fruits and vegetable crops resulted in more mycorrhiza consumption in horticultural crops.
- Europe is the Largest Region. France and Italy countries are dominating the mycorrhiza market, this is due to the increased organic cultivation of row crops and the reduction in chemical fertilizers use.
- France is the Largest Country. Cabbage, lentils, pumpkins, wheat, maize, barley, and potatoes are the organic crops produce in the country. Mycorrhiza application reduce the chemical fertilizer consumption.
