Vietnam Biofertilizer Market Size and Share

Vietnam Biofertilizer Market (2026 - 2031)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Vietnam Biofertilizer Market Analysis by Mordor Intelligence

The Vietnam Biofertilizer Market size was valued at USD 280.5 million in 2025 and estimated to grow from USD 306.8 million in 2026 to reach USD 484.1 million by 2031, at a CAGR of 9.55% during the forecast period (2026-2031). The Ministry of Agriculture and Rural Development is driving a shift in nutrient-management policy, promoting the adoption of organic inputs and increasing the share of cultivated land using these inputs. Rising urea import prices have reduced the cost gap with microbial products, encouraging smallholders to transition to biofertilizers. Export-driven plantations in the Mekong Delta have also accelerated their conversion due to stricter compliance requirements under international trade agreements. Additionally, new biogas plants are supplying low-cost digestate carriers for manufacturing, reducing production costs and improving profit margins for producers[1]Source: World Bank, “Biogas for Clean Agriculture in Vietnam,” worldbank.org .    

Key Report Takeaways

  • By form, mycorrhiza commanded 66.5% of the Vietnam biofertilizer market share in 2025, while Rhizobium inoculants are projected to advance at an 11.6% CAGR through 2031.
  • By crop type, horticulture crops led the Vietnam biofertilizer market with a 56.6% share of the market size in 2025, while cash crops are forecast to expand at a 9.9% CAGR between 2026 and 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Form: Mycorrhiza Dominance Driven by Perennial Crop Expansion

Mycorrhiza-based products captured a share of 66.5% of Vietnam's biofertilizer market size in 2025, mobilizing phosphorus across significant areas of coffee and rubber, where yields are limited by iron oxide fixation[2]Source: Food and Agriculture Organization, “Vietnam Agriculture Statistics 2025,” fao.org. Arbuscular mycorrhizal fungi form symbiotic associations with most crop species, significantly extending root surface area and accessing phosphorus pools beyond the rhizosphere depletion zone. This enhances yields in phosphorus-deficient soils without requiring synthetic fertilizer supplementation. Rhizobium inoculants are forecast to expand at the fastest 11.6% CAGR from 2026-2031, driven by soybean rotations that restore nitrogen in depleted paddies. Phosphate-solubilizing bacteria play a key role, supported by their use in cashew and pepper farms in the acidic central highlands. 

Azospirillum and Azotobacter, two free-living nitrogen-fixing bacteria, held a notable market share in rice and maize systems by reducing urea requirements through atmospheric nitrogen fixation. Other biofertilizers, such as Trichoderma-based biocontrol agents and potassium-solubilizing bacteria, catered to niche applications in greenhouse horticulture and organic rice production. Emerging consortium products, combining multiple microbial strains for nutrient cycling and plant protection, are limited by provincial registration caps, restricting their availability to pilot programs in specific provinces.

Vietnam Biofertilizer Market: Market Share by Form
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Crop Type: Horticultural Crops Lead, Cash Crops Accelerate

In 2025, horticultural crops accounted for 56.6% of Vietnam biofertilizer market size, largely due to intensive vegetable farming in regions like Lam Dong, Hanoi's peri-urban districts, and the Red River Delta. These areas increasingly rely on microbial inoculants to enhance plant immunity and reduce dependency on chemical fungicides. Greenhouse operators reported significant yield increases when using consortium biofertilizers containing mycorrhiza, Trichoderma, and phosphate-solubilizing bacteria, which justified their premium pricing. Orchards of dragon fruit, longan, and lychee adopted biofertilizers to meet stringent pesticide residue limits for exports, with a growing number of certified farms using mycorrhiza and Trichoderma blends. 

Cash crops like coffee, rubber, and cashew are projected to grow rapidly at a fastest growth rate of 9.9% CAGR from 2026-2031 as estates pursue organic certification to access premium pricing in export markets. Row crops, primarily rice and maize, accounted for a significant share of biofertilizer usage in 2025, focusing on integrated nutrient management strategies that combined microbial inoculants with reduced synthetic nitrogen applications to lower input costs. Rice farmers in key provinces remained price-sensitive and adopted biofertilizers mainly when subsidized under government programs, limiting organic penetration. Maize cultivation expanded in upland provinces to meet livestock feed demand, with farmers increasingly adopting biofertilizers to reduce dependency on synthetic inputs. Organic rice production targeted premium markets, with certified cultivation areas expanding under contracts with international importers.

Vietnam Biofertilizer Market: Market Share by Crop Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

The Mekong Delta led Vietnam biofertilizer consumption in 2025, driven by export-oriented fruit operations requiring compliance with international regulations. Its proximity to logistics hubs minimized shelf-life losses, further encouraging adoption. The Red River Delta followed, supported by the use of pig-farm digestate in integrated manufacturing, which reduced unit costs for cooperatives. The Central Highlands, with significant greenhouse and coffee cultivation, accounted for a substantial share of consumption and posted the fastest growth rate. 

Northern upland provinces captured a smaller share of biofertilizer consumption in 2025 due to limited extension service coverage and poor road infrastructure that increased distribution costs. Central coast provinces contributed minimally, constrained by long, hot supply chains that reduced product shelf life and discouraged retailers from building inventory. However, Lam Dong’s greenhouse expansion plan is anticipated to increase the Central Highlands' share significantly in the coming years. Planned biogas-biofertilizer clusters in the Red River Delta may replicate this growth model in other regions.

Targeted subsidy pilots and mobile advisory teams aim to increase biofertilizer penetration in upland areas, unlocking potential demand among maize growers seeking to mitigate fertilizer risks. The success of these initiatives will depend on upgrading cold chain infrastructure, as the current capacity is limited. Additionally, digital ordering platforms from major suppliers could reduce delivery times and enhance product viability. Overall, regional adoption patterns are projected to continue diverging based on infrastructure quality, export market exposure, and cooperative density.

Competitive Landscape

The Vietnam biofertilizer market in 2025 remains moderately concentrated, offering opportunities for regional and multinational players to differentiate themselves. Leading companies such as Atlantica Agrícola, Song Gianh Corporation Joint Stock Company, Suståne Natural Fertilizer Inc., Bioway Organic High Tech Joint Stock Company, and Dai Thanh Joint Stock Company are leveraging strategies such as vertical integration to reduce costs and focus on price-sensitive crop segments, while others emphasize product formulations with extended shelf life to address distribution challenges. Song Gianh Corporation Joint Stock Company focuses on granular products that withstand Vietnam’s tropical supply chain[3]Source: Song Gianh Corporation, “Market Position 2024,” songgianh.com.vn. Multinational entrants are targeting premium segments by localizing production and tailoring biofertilizers to specific soil conditions, aiming to meet the demand for high-efficacy products.

Smaller regional players are carving niches by offering customized formulations for specific crops and soils, supported by agronomic advisory services that address gaps in remote areas. Technological advancements, such as encapsulation methods, have extended product shelf life, enabling access to previously underserved markets. Atlantica Agricola entered with liquid formulations for Lam Dong greenhouses, signaling broader international interest. These innovations are helping smaller players compete effectively in regions with logistical constraints.

Digital traceability platforms are emerging as key differentiators, particularly for export-oriented supply chains aiming to meet international documentation requirements. However, regulatory restrictions on product registrations favor established players, creating barriers for new entrants and slowing innovation in advanced biofertilizer formulations. Despite these challenges, the market continues to evolve, driven by increasing demand for sustainable agricultural solutions.

Vietnam Biofertilizer Industry Leaders

  1. Atlántica Agrícola

  2. Song Gianh Corporation Joint Stock Company

  3. Suståne Natural Fertilizer Inc.

  4. Bioway Organic High Tech Joint Stock Company

  5. Dai Thanh Joint Stock Company

  6. *Disclaimer: Major Players sorted in no particular order
Vietnam Biofertilizer Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • July 2025: In a bid to bolster soil health and nutrient absorption, SML Ltd has teamed up with Novonesis to launch the 'Rootiva' endomycorrhizal biofertilizer. This collaboration aims to offer Indian farmers sustainable agricultural solutions designed to enhance productivity and increase income.
  • April 2025: Behn Meyer AgriCare Vietnam announced the expansion of its production capacity through a new 5-hectare factory project and the launch of a premium organic fertilizer line. The new products are designed to improve soil health and optimize nutrient uptake through organic, bio-stimulant, and microbe-based formulations.
  • May 2024: Mekong Enterprise Fund IV (MEF IV) has invested USD 5 million in HUSK, a trailblazer in biochar and biofertilizer production, championing regenerative agriculture in Southeast Asia. This move underscores MEF IV's commitment to achieving financial gains while also making a significant social and environmental impact in the region.

Table of Contents for Vietnam Biofertilizer Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Area Under Organic Cultivation
  • 4.2 Per Capita Spending on Organic Products
  • 4.3 Regulatory Framework
  • 4.4 Value Chain and Distribution Channel Analysis
  • 4.5 Market Drivers
    • 4.5.1 Government subsidies for organic inputs
    • 4.5.2 Rising consumer demand for chemical-free produce
    • 4.5.3 High synthetic fertilizer prices widening cost gap
    • 4.5.4 Expansion of horticulture under greenhouse projects
    • 4.5.5 EU-Vietnam Free Trade Agreement (FTA) pesticide-residue limits
    • 4.5.6 Surge in livestock manure biogas plants feeding carrier supply
  • 4.6 Market Restraints
    • 4.6.1 Limited farmer awareness and extension support
    • 4.6.2 Short shelf life in tropical logistics chain
    • 4.6.3 Fierce price competition from subsidized mineral fertilizers
    • 4.6.4 Provincial registration cap of one Stock Keeping Unit (SKU) per microbe strain

5. Market Size and Growth Forecasts (Value and Volume)

  • 5.1 By Form
    • 5.1.1 Azospirillum
    • 5.1.2 Azotobacter
    • 5.1.3 Mycorrhiza
    • 5.1.4 Phosphate-Solubilizing Bacteria
    • 5.1.5 Rhizobium
    • 5.1.6 Other Biofertilizers
  • 5.2 By Crop Type
    • 5.2.1 Cash Crops
    • 5.2.2 Horticultural Crops
    • 5.2.3 Row Crops

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Key Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)
    • 6.4.1 Atlantica Agricola
    • 6.4.2 Bioway Organic High-Tech Joint Stock Company
    • 6.4.3 Dai Thanh Joint Stock Company
    • 6.4.4 Song Gianh Corporation Joint Stock Company
    • 6.4.5 Que Lam Group
    • 6.4.6 T&T Group JSC
    • 6.4.7 Baconco Co., Ltd.
    • 6.4.8 Vinachem (Vietnam National Chemical Group)
    • 6.4.9 Biotech Bio-Agriculture
    • 6.4.10 Dai Nam Manufacturing and Trading Co., Ltd.
    • 6.4.11 Agrifert Joint Stock Company
    • 6.4.12 Thien Sinh Microbial Fertilizer Co., Ltd.
    • 6.4.13 Bio Pro Microbial Technology Co., Ltd.
    • 6.4.14 Binh Dien Fertilizer Joint Stock Company (Vinachem Group)
    • 6.4.15 Five Star International Group JSC

7. Market Opportunities and Future Outlook

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Vietnam Biofertilizer Market Report Scope

Biofertilizers are natural substances containing living microorganisms, including bacteria, fungi, or algae, that promote plant growth by enhancing the availability of essential nutrients such as nitrogen, phosphorus, and potassium in the soil. They serve as environmentally friendly and cost-effective alternatives to chemical fertilizers, helping to restore soil fertility, stimulate growth-promoting substances, and improve overall soil health. The Vietnam Biofertilizer Market is Segmented by Form (Azospirillum, Azotobacter, Mycorrhiza, and More) and by Crop Type (Cash Crops, Horticultural Crops, and Row Crops). The Report Offers Market Size and Forecasts in Terms of Value (USD) and Volume (Metric Tons).

By Form
Azospirillum
Azotobacter
Mycorrhiza
Phosphate-Solubilizing Bacteria
Rhizobium
Other Biofertilizers
By Crop Type
Cash Crops
Horticultural Crops
Row Crops
By FormAzospirillum
Azotobacter
Mycorrhiza
Phosphate-Solubilizing Bacteria
Rhizobium
Other Biofertilizers
By Crop TypeCash Crops
Horticultural Crops
Row Crops
Need A Different Region or Segment?
Customize Now

Market Definition

  • AVERAGE DOSAGE RATE - The average application rate is the average volume of biofertilizers applied per hectare of farmland in the respective region/country.
  • CROP TYPE - Crop type includes Row crops (Cereals, Pulses, Oilseeds), Horticultural Crops (Fruits and vegetables) and Cash Crops (Plantation Crops, Fibre Crops and Other Industrial Crops)
  • FUNCTION - The crop nutrition function of agricultural biological consists of various products that provide essential plant nutrients and enhance soil quality.
  • TYPE - Biofertilizers enhance soil quality by increasing the population of beneficial microorganisms. They help crops absorb nutrients from the environment.
KeywordDefinition
Cash Crops​Cash crops are non-consumable crops sold as a whole or part of the crop to manufacture end-products to make a profit.
Integrated Pest Management (IPM)​IPM is an environment-friendly and sustainable approach to control pests in various crops. It involves a combination of methods, including biological controls, cultural practices, and selective use of pesticides.
Bacterial biocontrol agents​Bacteria used to control pests and diseases in crops. They work by producing toxins harmful to the target pests or competing with them for nutrients and space in the growing environment. Some examples of commonly used bacterial biocontrol agents include Bacillus thuringiensis (Bt), Pseudomonas fluorescens, and Streptomyces spp.​
Plant Protection Product (PPP)​A plant protection product is a formulation applied to crops to protect from pests, such as weeds, diseases, or insects. They contain one or more active substances with other co-formulants such as solvents, carriers, inert material, wetting agents or adjuvants formulated to give optimum product efficacy.​
Pathogen​A pathogen is an organism causing disease to its host, with the severity of the disease symptoms.​
Parasitoids​Parasitoids are insects that lay their eggs on or within the host insect, with their larvae feeding on the host insect. In agriculture, parasitoids can be used as a form of biological pest control, as they help to control pest damage to crops and decrease the need for chemical pesticides.​
Entomopathogenic Nematodes (EPN)​Entomopathogenic nematodes are parasitic roundworms that infect and kill pests by releasing bacteria from their gut. Entomopathogenic nematodes are a form of biocontrol agents used in agriculture.​
Vesicular-arbuscular mycorrhiza (VAM)​VAM fungi are mycorrhizal species of fungus. They live in the roots of different higher-order plants. They develop a symbiotic relationship with the plants in the roots of these plants.​
Fungal biocontrol agents​Fungal biocontrol agents are the beneficial fungi that control plant pests and diseases. They are an alternative to chemical pesticides. They infect and kill the pests or compete with pathogenic fungi for nutrients and space.​
Biofertilizers​Biofertilizers contain beneficial microorganisms that enhance soil fertility and promote plant growth.​
Biopesticides​Biopesticides are natural/bio-based compounds used to manage agricultural pests using specific biological effects.​
Predators​Predators in agriculture are the organisms that feed on pests and help control pest damage to the crops. Some common predator species used in agriculture include ladybugs, lacewings, and predatory mites.​
Biocontrol agents​Biocontrol agents are living organisms used to control pests and diseases in agriculture. They are alternatives to chemical pesticides and are known for their lesser impact on the environment and human health.​
Organic Fertilizers​Organic fertilizer is composed of animal or vegetable matter used alone or in combination with one or more non-synthetically derived elements or compounds used for soil fertility and plant growth.​
Protein hydrolysates (PHs)​Protein hydrolysate-based biostimulants contain free amino acids, oligopeptides, and polypeptides produced by enzymatic or chemical hydrolysis of proteins, primarily from vegetal or animal sources.​
Biostimulants/Plant Growth Regulators (PGR)​Biostimulants/Plant Growth Regulators (PGR) are substances derived from natural resources to enhance plant growth and health by stimulating plant processes (metabolism).​
Soil Amendments​Soil Amendments are substances applied to soil that improve soil health, such as soil fertility and soil structure.​
Seaweed Extract​Seaweed extracts are rich in micro and macronutrients, proteins, polysaccharides, polyphenols, phytohormones, and osmolytes. These substances boost seed germination and crop establishment, total plant growth and productivity.​
Compounds related to biocontrol and/or promoting growth (CRBPG)​Compounds related to biocontrol or promoting growth (CRBPG)​ are the ability of a bacteria to produce compounds for phytopathogen biocontrol and plant growth promotion.​
Symbiotic Nitrogen-Fixing Bacteria​Symbiotic nitrogen-fixing bacteria such as Rhizobium obtain food and shelter from the host, and in return, they help by providing fixed nitrogen to the plants.​
Nitrogen Fixation​Nitrogen fixation is a chemical process in soil which converts molecular nitrogen into ammonia or related nitrogenous compounds.​
ARS (Agricultural Research Service)​ARS is the U.S. Department of Agriculture's chief scientific in-house research agency. It aims to find solutions to agricultural problems faced by the farmers in the country.​
Phytosanitary Regulations​Phytosanitary regulations imposed by the respective government bodies check or prohibit the importation and marketing of certain insects, plant species, or products of these plants to prevent the introduction or spread of new plant pests or pathogens.​
Ectomycorrhizae (ECM)​Ectomycorrhiza (ECM) is a symbiotic interaction of fungi with the feeder roots of higher plants in which both the plant and the fungi benefit through the association for survival.​
Need More Details on Market Definition?
Ask a Question

Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
research-methodology
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get More Details On Research Methodology
Download PDF