South America Biofertilizers Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

The South America Biofertilizers Market is segmented by Microorganism into Rhizobium, Azotobacter, Azospirillum, Blue-Green Algae, Phosphate Solubilizing Bacteria, Mycorrhiza, and Other Microorganisms, by Technology Type into Carrier Enriched Biofertilizers, Liquid Biofertilizers, and Other Technology Types, by Application into Seed Treatment and Soil Treatment, by Crop Type into Grains and Cereals, Pulses and Oilseeds, Commercial Crop, Fruits and Vegetables, and Other Crop Types, and by Geography into Brazil, Argentina, Peru, Colombia, Venezuela, and Rest of South America.

South America Biofertilizers Industry Overview

South America Biofertilizers Market Size
Study Period: 2018 - 2028
CAGR: 10 %

Major Players

South America Biofertilizers Market Key Players

*Disclaimer: Major Players sorted in no particular order


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South America Biofertilizers Market Analysis

The South America Biofertilizers Market is estimated to grow at a CAGR of 10.0%, during the forecast period, 2020-2025. Argentina is the largest and fastest-growing market, followed by Brazil. Favorable government policies, easy registration process, and the increasing organic farms are the main factors driving the market. Considering the type of biofertilizers, the Rhizobium biofertilizer segment led the market in 2019 in South America. Despite the extensive legislations' normative in the major South American countries, there is a lack of a specific and definite set of regulations for the use of biofertilizers and organic fertilizers in some other countries of the region, such as Peru, Colombia, Bolivia, and Venezuela, among others. Thus, their growth in the biofertilizer market is likely to be slow, as compared to some of the major countries, like Brazil and Argentina.

South America Biofertilizers Industry Segments

Biofertilizers used in agriculture are considered under the scope of the study. Biofertilizers are defined as substances comprising living microbes, which when applied to seed, plant, and soil, stimulate growth by the supply of essential nutrients, such as N, P, and other mineral nutrients. The report provides an in-depth analysis of various parameters of the North American biofertilizer market (henceforth, referred to as the market studied). This study includes a detailed overview of the various geographical locations across South America, along with the competitive landscape of the major market players.

Blue-green Algae
Phosphate Solubilizing Bacteria
Other Microorganisms
Technology Type
Carrier Enriched Biofertilizers
Liquid Biofertilizers
Other Technology Types
Seed Treatment
Soil Treatment
Crop Type
Grains and Cereals
Pulses and Oilseeds
Commercial Crops
Fruits and Vegetables
Other Crop Types
Rest of South America

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South America Biofertilizers Market Trends

This section covers the major market trends shaping the South America Biofertilizers Market according to our research experts:

Increased Practice Of Organic Farming

The increased concern for the environment has paved the way for the use of biofertilizers. The increasing cost of chemical fertilizers and the push from governments for sustainable farming is enabling farmers to adopt organic farming practices. Biofertilizers are used to improve the quality of soil, as they can help in improving the quality of the soil without depriving it of the essential nutrients. Using biofertilizers also helps in scaling up the nutrient intake of plants, which is essential in the current scenario. Biofertilizers, such as Rhizobium, Azospirillum, and Phosphobacteria, deliver nitrogen and phosphorous nutrients to crop plants through the nitrogen fixation and phosphorous solubilization processes. These biofertilizers are utilized for rice, pulses, millets, cotton, sugarcane, and other horticulture crops. Since biofertilizers are capable of boosting the soil organic matter, they considered being a few of the most important components of soil management, in the current paradigm.

South America Biofertilizers Market Trends

Argentina is Leading the Bio-fertilizers Market

Argentina accounted for 48.6% of the South American biofertilizers market in 2018. The total organic agricultural land, which is being treated with the biological organic fertilizers in Argentina is around 3.39 million hectares as of 2017. Argentina has strict controls and legislation regulations for allowing the commercialization of biofertilizers based on Rhizobia. In the country, biological fertilizers are registered under the National Health and Agroalimentary Quality Service (SENASA), which, along with other sectors of the government, determines the adoption, restriction, and marketing of biofertilizers in the country. As an export-oriented market, the applications of biological organic fertilizer products increased with the adoption of sustainable farming practices and organic ingredients. The cost-efficient product offerings further augment the market expansion in the country. More than 70% of the country’s biological organic fertilizer products are being exported by the country. The major crops that are treated with these products are pears, apples, oranges, mandarins, grapefruit, lemon, grapes, onion, garlic, asparagus, lettuce, beet, carrot, and cucumber, among others.

South America Biofertilizers Market Growth

South America Biofertilizers Market Competitor Analysis

The biofertilizer market in South America is highly fragmented, with the top seven market players accounting for a small share of the market, owing to the presence of large international and local markets. Collaborations with government organizations, expansions in the market, and product innovations are some of the strategies adopted by the companies. For instance, the company Rizobacter Argentina S.A.invests around 30% of its profit earnings in R&D activities while a total of 49 projects are still under development. It has nine subsidiaries, including those in Bolivia, Brazil, Paraguay, Colombia, and Uruguay.

South America Biofertilizers Market Top Players

  1. Nutrien Ltd

  2. Agrinos AS

  3. Lallemand Inc.

  4. Rizobacter Argentina SA

  5. Novozymes A/S

*Disclaimer: Major Players sorted in no particular order

"Nutrien Ltd,  Agrinos AS,  Lallemand Inc.,  Rizobacter Argentina SA,  Novozymes A/S"

South America Biofertilizers Market Report - Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porters Five Force's Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Microorganism

      1. 5.1.1 Rhizobium

      2. 5.1.2 Azotobacter

      3. 5.1.3 Azospirillum

      4. 5.1.4 Blue-green Algae

      5. 5.1.5 Phosphate Solubilizing Bacteria

      6. 5.1.6 Mycorrhiza

      7. 5.1.7 Other Microorganisms

    2. 5.2 Technology Type

      1. 5.2.1 Carrier Enriched Biofertilizers

      2. 5.2.2 Liquid Biofertilizers

      3. 5.2.3 Other Technology Types

    3. 5.3 Application

      1. 5.3.1 Seed Treatment

      2. 5.3.2 Soil Treatment

    4. 5.4 Crop Type

      1. 5.4.1 Grains and Cereals

      2. 5.4.2 Pulses and Oilseeds

      3. 5.4.3 Commercial Crops

      4. 5.4.4 Fruits and Vegetables

      5. 5.4.5 Other Crop Types

    5. 5.5 Geography

      1. 5.5.1 Brazil

      2. 5.5.2 Argentina

      3. 5.5.3 Peru

      4. 5.5.4 Colombia

      5. 5.5.5 Venezuela

      6. 5.5.6 Rest of South America


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Agrinos AS

      2. 6.3.2 Mapleton Agri Biotech Pty Limited

      3. 6.3.3 Biomax

      4. 6.3.4 Lallemand Inc.

      5. 6.3.5 Bayer CropScience

      6. 6.3.6 Rizobacter Argentina SA

      7. 6.3.7 Nutrien Ltd

      8. 6.3.8 Novozymes A/S

    4. *List Not Exhaustive

  8. 8. IMPACT OF COVID-19

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South America Biofertilizers Market Research FAQs

The South America Biofertilizers Market is studied from 2018 - 2028.

The South America Biofertilizers Market is growing at a CAGR of 10% over the next 5 years.

Nutrien Ltd, Agrinos AS, Lallemand Inc., Rizobacter Argentina SA, Novozymes A/S are the major companies operating in South America Biofertilizers Market.

South America Biofertilizers Industry Reports

In-depth industry statistics and market share insights of the South America Biofertilizers sector for 2020, 2021, and 2022. The South America Biofertilizers research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the South America Biofertilizers report PDF.

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