Global Mycorrhiza Biofertilizers Market is projected to witness a CAGR of 10.04% during the forecast period 2025–2032, growing from USD 1.01 billion in 2024 to USD 2.17 billion in 2032. The market is expected to grow significantly with the increasing need for sustainable agricultural practices and environmentally friendly alternatives to chemical fertilizers. The mycorrhizal fungi are root-associated fungi that form symbiotic relationships with the roots of plants in such a way that there is enhanced phosphorus uptake, improvement in soil structure, and promotion of plant growth among other functions. It is mycorrhizal biofertilizers that can be the solution to the many problems that conventional agriculture faces today because of soil degradation, nutrient imbalance, and environmental problems. It improves soil health, enhances the productivity of crops, and reduces dependence on synthetic fertilizers that are well known for causing environmental problems.
The expansion of the market is also attributed to a heightened consumer awareness for organic farming, sustainable agriculture, and environmental effects due to chemical inputs. Increasingly, major agricultural regions such as North America, Europe, and Asia-Pacific are adopting mycorrhiza biofertilizers, following an emphasis on organic certification and environmentally safe agricultural practices. Again, strong growth is emerging within the Asia-Pacific due to extensive agriculture in India and China, two countries that are integrating biofertilizers into traditional and modern farming methods for improved yield.
Apart from this, growing government support for sustainable agriculture practices and funding for research on discovering the potential of mycorrhizal fungi to increase the resilience of crops against climate change are towards the greater good of the market. The future will be brighter for the sustained growth of the global mycorrhiza biofertilizers market, which would further lead to the sustainability of more productive agricultural systems.
In June 2022, leading global crop protection company Adama Agricultural Solutions Ltd. and global bio-agriculture company Groundwork BioAg Ltd. announced a new business partnership that will give the farmers the access to affordable, sustainable mycorrhizal products that can boost crop yields and give them an alternative to synthetic fertilizers, particularly phosphorus. The partnership makes use of Groundwork BioAg’s Mycorrhizal BioPlatform and Adama’s extensive distribution network.
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Soil Degradation and Fertility Issues Catalyze Market Expansion
Mycorrhiza biofertilizers are increasingly being adopted by modern agriculture to cope with soil degradation and fertility problems. Overuse of chemical fertilizers, deforestation, and intensive farming practices have depleted soil nutrients and eroded soil, reducing accumulation of organic matter in soils and eventually reducing soil fertility. Such problems are compounded by climate change impact on soil structural and moisture holding capacity. Sooner or later, as soil conditions deteriorate, crops become less productive and, therefore, require more input from synthetic fertilizers, which not only cost money but also destroy the environment. The total effects of climate change could result in a substantial loss for the European agricultural sector, with up to 16% of EU agricultural income lost by 2050, with major regional differences, according to a new European Environment Agency (EEA) analysis on climate change adaptation and agriculture.
Mycorrhizal fungus provides a very good solution to these problems by forming symbiotic relationships with plant roots. They increase nutrient uptake from soils, especially phosphorous, which is often deficient in degraded soils, and improve soil structure by promoting the aggregation of soil particles. Consequently, it helps in the retention and aeration of water, which rehabilitates fertility and reduces the cost of chemical fertilizers. Mycorrhizal biofertilizers are instrumental in sustainable agriculture, improving the biological and physical properties of the soil, thereby ensuring long-term soil health and crop productivity. This paves the way for dealing with challenges regarding soil degradation and fertility.
Government Initiatives and Support Influence the Market Growth
Government initiatives and support have played an important role in popularizing mycorrhiza biofertilizers along with other initiatives to sustain agriculture. Growing environmental and health hazards due to chemical fertilizers have prompted many governments worldwide to adopt organic farming and other alternatives to chemical fertilizer use via policies. Currently, this includes financial incentives, subsidies, and grants awarded to farmers who adopt sustainable agricultural practices, including the use of biofertilizers such as mycorrhizal fungi. The Clean Plant Programme (CPP), put up by the Ministry of Agriculture and Farmers Welfare, was approved by the Union Cabinet of India in August 2024. This project, which has a substantial investment of USD 208.2 million, intends to revolutionize the Indian horticultural industry and establish new standards for sustainability and quality. Access to high-quality, virus-free planting material will be aimed at by the CPP, contributing to increased crop yields and improved farmer income prospects.
In addition, several governments are investing in researching and developing biofertilizer technologies to improve their efficiency and affordability for farmers. Many countries are also creating regulations to prohibit the use of hazardous chemicals in agriculture, which would also increase the need for natural and bio-alternatives. The Green Deal of the European Union, as well as other similar initiatives in regions like North America and Asia, is intended to reduce the overall negative impact of traditional agriculture on the environment while improving food security. Thus, such policies support the development of the mycorrhiza biofertilizer market environment.
Solid Form Holds the Dominant Market Share
The solid form of mycorrhiza biofertilizers is favored in the market due to convenience, cost-effectiveness, and easy application. Solid biofertilizers are typically placed in granular, powder, or pellet form, making them the most suitable for a wide range of agricultural practices, from large-scale commercial farming to smallholder operations. The most important aspect of this form is that it is very easy to store, transport, and handle, reducing logistical challenges for farmers. Additionally, solid formulations can be applied directly to the soil or mixed with seeds to better distribute the added mycorrhizal fungi in the root zone for the most beneficial effects on plants. In August 2022, Chambal Fertilizers and Chemicals Limited (CFCL) introduced their first mycorrhiza product, UTTAM SUPERRHIZA, in the mycorrhiza category of biofertilizers in collaboration with SMART Agrisolutions from The Energy and Resources Institute (TERI). Utilizing TERI’s in vitro P.E.G. Technology of Performance Enhancing GreenBiologicals, Uttam Superrhiza is a distinctive granular product. This growth promoter technique offers native biological inputs that enhance mycorrhizal function for enhanced field performance and synergistic effects.
In addition to this, solid biofertilizers are relatively inexpensive than liquid ones, making them cheaper options for farmers to reduce their input costs to achieve or increase crop yields.
Asia-Pacific Being the Fastest Growing Market
Mycorrhiza biofertilizers are becoming increasingly popular in Asia-Pacific due to its rapid agricultural development, the increasing awareness regarding sustainable agricultural practices, and the large agricultural base of the region. Countries such as India, and China, have shifted towards the highly environmentally friendly farming methods, as farmers are facing increasing challenges such as soil degradation, nutrient depletion, chemical fertilizer impact, etc. The supply of mycorrhizal biofertilizers is a sustainable solution that improves yield while decreasing the usage of synthetic chemicals, which appeals increasingly to many farmers.
Government schemes promoting organic farming, environmental sustainability, and eco-friendly farming practices increasingly enhance biofertilizer adoption in this region. In September 2024, a Memorandum of Understanding was signed between Krishak Bharati Cooperative Limited (KRIBHCO), an Indian cooperative for fertilizer production, and Novonesis, a company focused on biological solutions. This demonstrated a long-term partnership between the two organizations that intend to explore co-development opportunities in agri-biosolutions to improve crop productivity and soil health. In Phase 1 of the collaboration, Indian farmers were planned to have access to the KRIBHCO Rhizosuper, a leading Mycorrhizal Biofertilizer product available for all crop varieties that boasts Novonesis’ patented LCO (Lipo-chitooligosaccharides) Promoter Technology.
Along with this quickly flourishing market trend is rising awareness about the need to mitigate climate change impacts, including droughts and erratic weather patterns. If these trends persist, then Asia-Pacific is likely to remain the dominant region for the global mycorrhiza biofertilizer market.
Future Market Scenario (2025–2032F)
- Improved strains and enhanced application methods are set to utilize more revolutionary changes in mycorrhizal biofertilizer production, improving the effect and providing them with user-friendliness, besides cost reduction.
- Mycorrhizal biofertilizers are expected to be important in improving crop resilience against drought or soil erosion in regions afflicted by such climatic changes.
Report Scope
“Mycorrhiza Biofertilizers Market Assessment, Opportunities and Forecast, 2018–2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global mycorrhiza biofertilizers market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2025 and 2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
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