India Biofertilizers Market to Grow with a CAGR of 8.74% through 2030
Increasing crop
diversification & organic farming practices and integration of
biofertilizers into crop nutrient management plans is expected to drive the
India Biofertilizers Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “India Biofertilizers
Market -Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030”, the India Biofertilizers Market was valued at USD 100.29 Million in 2024 and is anticipated to project impressive growth with a CAGR of 8.74% in the forecast period, 2026-2030F. India's
biofertilizer market is driven by a number of factors. The increasing awareness
about the harmful impacts of chemical fertilizers and a shift towards
sustainable farming methods have significantly boosted the demand for
biofertilizers.
The Indian government's push for organic farming and
its financial support for biofertilizer production units further promote the
use of biofertilizers. The expanding organic food industry and consumer
preference for organic products have also contributed to the growth of India's
biofertilizer market.
The
biofertilizers market in India is witnessing dynamic growth due to the
increasing focus on sustainable agriculture and the government's drive to
promote organic farming practices. A biofertilizer is a substance that contains
living microorganisms which, when applied to seed, plant surfaces, or soil,
promotes growth by increasing the supply or availability of primary nutrients
to the host plant.
India's vast
agricultural sector, coupled with a growing population, necessitates an
efficient and sustainable approach to farming. Biofertilizers are emerging as a
viable solution dueto their role in enhancing crop yield, soil fertility,
and agricultural sustainability. The need to reduce dependency on chemical
fertilizers and pesticides is another factor driving the adoption of
biofertilizers. The Indian Government's focus on 'Doubling Farmers' Income by
2022' is promoting the use of biofertilizers. Policies to subsidize
biofertilizers and implement stringent regulations on chemical fertilizers are
expected to further stimulate market growth.
The
introduction of the National Project on Organic Farming (NPOF) and Paramparagat
Krishi Vikas Yojana (PKVY) schemes by the government further encourage the use
of biofertilizers. These schemes aim to promote organic farming through subsidy
on biofertilizers to make them more affordable for farmers. Despite the
promising growth, challenges persist in the market. One of the main hurdles is
the lack of awareness among farmers about the benefits of biofertilizers. The absence of standardized regulations for biofertilizers poses
a challenge for market growth.
In terms of
market players, several key companies are operating in the Indian
biofertilizers market, including Rashtriya Chemicals and Fertilizers Limited,
National Fertilizers Limited, and Madras Fertilizers Limited. These companies
are constantly working on research and development to provide high-quality
products that increase crop productivity and maintain soil health. Overall, the
future of the biofertilizers market in India looks promising with ample growth
opportunities. The need for sustainable farming practices, coupled with
supportive government policies, is expected to continue to drive the market
forward. However, for the market to reach its full potential, efforts are
needed to increase farmer awareness and establish standardized regulations for
biofertilizers.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "India Biofertilizers Market”
The India Biofertilizers
Market is segmented into type, mode of application, form, crop type, regional
distribution, and company.
Based on form, in
the Indian biofertilizers market, the liquid form of biofertilizers is currently
holding a dominant position over the carrier-based form. This is mainly due to
its numerous advantages. The liquid form offers easy application, allowing
farmers to conveniently incorporate the biofertilizers into their agricultural
practices. It ensures better microbial survival, enhancing the effectiveness of
the biofertilizers in promoting plant growth. The liquid form has a
longer shelf life, providing farmers with a more extended period to utilize the
biofertilizers. It also boasts a higher microbial count, increasing its
potency and efficacy. This trend towards
sustainable agriculture, coupled with the regulatory support, is further
propelling the uptake of liquid biofertilizers in India. As farmers
increasingly prioritize environmentally-friendly farming practices and
governments implement policies to encourage sustainable agriculture, the demand
for liquid biofertilizers continues to rise. With their multiple benefits and
positive impact on crop productivity, liquid biofertilizers are becoming a
preferred choice among Indian farmers.
Based on region, Northern India holds a prominent position in the Indian biofertilizers market
owing to a confluence of factors that synergistically promote its growth and
adoption. The region's vast agricultural expanse, characterized by fertile
lands and diverse cropping patterns, provides a fertile ground for the
integration of biofertilizers into traditional farming practices. With a high
population density and significant agricultural output, there's a pressing need
for sustainable agricultural solutions to enhance productivity while minimizing
environmental impact.
Government
policies advocating for organic farming further bolster the uptake of
biofertilizers in Northern India. Subsidies, incentives, and support schemes
incentivize farmers to transition towards eco-friendly alternatives, aligning
with global sustainability goals and local environmental conservation efforts.
Awareness campaigns and training programs conducted by government bodies and
agricultural institutions enlighten farmers about the benefits of
biofertilizers, empowering them to make informed choices for their crops and
soil health. The holistic
approach of combining government initiatives, farmer education, and market
incentives creates a conducive environment for the widespread adoption of
biofertilizers in Northern India. By enhancing soil fertility, improving crop
yields, and reducing reliance on synthetic inputs, biofertilizers contribute to
the region's agricultural sustainability and food security goals. In essence,
Northern India emerges as a beacon of sustainable agriculture, where the
embrace of biofertilizers fosters resilience, productivity, and environmental
stewardship in the farming landscape.
Major companies
operating in India Biofertilizers Market are:
- UPL Ltd.
- T. Stanes & Company Ltd.
- IPL Biologicals Ltd.
- Kan Biosys Pvt. Ltd.
- Manidharma Biotech Pvt Ltd.
- Biomax Naturals
- Jaipur Bio Fertilizers
- Aumgene Biosciences Pvt. Ltd.
- Criyagen Agri And Biotech Pvt Ltd.
- Varsha Bioscience and Technology India Pvt. Ltd.
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“The future of the biofertilizers market in India appears highly promising, driven by the increasing adoption of sustainable agriculture practices and proactive government initiatives promoting organic farming. With Indian farmers recognizing the adverse impacts of chemical fertilizers on the environment and soil health, the demand for eco-friendly biofertilizers is expected to surge significantly. Government support through subsidies and incentives for biofertilizer production will further propel market growth. These measures not only boost biofertilizer availability but also enhance affordability for farmers nationwide. Consequently, biofertilizers are poised to play a pivotal role in shaping the future of Indian agriculture, fostering sustainable practices that benefit both farmers and the ecosystem,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“India Biofertilizers
Market By Type (Nitrogen Fixing, Phosphate Fixing, Potassium Fixing, Others), By
Mode of Application (Soil Treatment, Seed Treatment, Others), By Form (Liquid
and Carrier-Based), By Crop Type (Cereals & Grains, Pulses & Oilseeds,
Fruits & Vegetables, Others), By Source (Domestic and Import), By Region,
Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth
potential of India Biofertilizers Market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in India
Biofertilizers Market.
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