Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 100.29 Million

CAGR (2024-2029)

9.74%

Fastest Growing Segment

Nitrogen Fixing

Largest Market

North India

Market Size (2029)

USD 174.50 Million


Market Overview

India Biofertilizers Market was valued at USD 100.29 Million in 2023 and is anticipated to project impressive growth to reach USD 174.50 million in 2029 with a CAGR of 9.74%.

Biofertilizers represent a vital component of sustainable agriculture, embodying substances infused with living microorganisms that work symbiotically with plants to enhance growth and productivity. Applied to seeds, plant surfaces, or soil, these microorganisms colonize the host plant's rhizosphere or interior, facilitating the availability of primary nutrients and fostering a nutrient-rich environment conducive to plant development. The mechanisms through which biofertilizers operate encompass stimulating growth via nitrogen fixation, solubilizing phosphorus, and triggering the production of plant growth-promoting substances.

Integral to the ethos of organic farming, biofertilizers offer a multifaceted approach to agricultural sustainability, presenting a cost-effective and environmentally friendly alternative to conventional chemical fertilizers. By harnessing the power of naturally occurring microorganisms, biofertilizers minimize reliance on synthetic inputs, thereby reducing the ecological footprint associated with agricultural practices while concurrently enhancing soil health and fertility.

Within the context of India, the biofertilizer market exhibits substantial promise, buoyed by a confluence of factors catalyzing its growth trajectory. Notably, the surge in organic farming practices underscores a paradigm shift towards sustainable agriculture, driven by an escalating recognition of the detrimental environmental repercussions associated with chemical-intensive farming methods. As stakeholders within the agricultural sector increasingly gravitate towards ecologically sound practices, the demand for biofertilizers as an integral component of organic farming regimens experiences a commensurate uptick.

Governmental initiatives aimed at incentivizing the adoption of biofertilizers further amplify market expansion, with policy frameworks designed to promote sustainable agricultural practices and mitigate the ecological impact of chemical fertilizers. By fostering an enabling environment conducive to the proliferation of biofertilizers, policymakers seek to bolster agricultural resilience, enhance food security, and mitigate the deleterious consequences of conventional farming practices on soil health and biodiversity.

Furthermore, a growing consumer consciousness surrounding food quality and safety propels the ascendancy of the biofertilizer market, with discerning consumers increasingly gravitating towards organic produce cultivated using sustainable agricultural practices. Against the backdrop of burgeoning health and environmental awareness, the demand for organic food products, cultivated with the aid of biofertilizers, experiences a discernible surge, thereby bolstering market growth and viability.

The burgeoning momentum of the biofertilizer market in India augurs well for the agrarian landscape, heralding a paradigm shift towards sustainable agricultural practices characterized by a judicious balance between productivity, profitability, and ecological stewardship. As stakeholders across the agricultural value chain increasingly recognize the intrinsic value proposition of biofertilizers in fostering soil health, enhancing crop yields, and mitigating environmental degradation, the market for these eco-friendly inputs is poised for sustained expansion, charting a course towards a more resilient, sustainable, and inclusive agricultural future.


Key Market Drivers

Increasing Focus on Sustainable Agriculture Practices

The burgeoning growth of the biofertilizers market in India finds its impetus in the escalating emphasis on sustainable agricultural practices. As concerns mount over the environmental repercussions of conventional farming methods and the deteriorating health of soil ecosystems, farmers and policymakers alike are increasingly cognizant of the imperative to transition towards more ecologically sound alternatives. In this paradigm shift towards sustainability, biofertilizers emerge as a beacon of hope, offering a holistic solution that addresses both agricultural productivity and environmental stewardship.

At the heart of the appeal of biofertilizers lies their innate capacity to harness the power of living microorganisms to bolster soil fertility and enhance nutrient availability. By leveraging the symbiotic relationship between plants and beneficial microbes, biofertilizers facilitate a range of biological processes crucial for soil enrichment. Notably, these include nitrogen fixation, whereby certain microorganisms convert atmospheric nitrogen into a form that plants can readily utilize, thereby reducing the need for nitrogenous fertilizers. Additionally, biofertilizers facilitate phosphate solubilization, aiding in the release of bound phosphorus from soil particles, and engendering plant growth-promoting activities that augment overall crop vigor and resilience.

Central to the allure of biofertilizers is their eco-friendly disposition, which resonates deeply with the growing societal imperative to mitigate the ecological footprint of agricultural activities. In contrast to chemical fertilizers, which often impose a heavy toll on soil health and contribute to environmental degradation, biofertilizers offer a sustainable alternative that nurtures soil ecosystems and promotes long-term agricultural resilience. By eschewing synthetic chemicals in favor of natural, biologically mediated processes, biofertilizers exemplify a paradigm of agricultural sustainability that prioritizes harmony with nature and the preservation of ecological integrity.

Against this backdrop, government initiatives and farmer education programs advocating for sustainable agriculture play a pivotal role in propelling the adoption of biofertilizers across diverse cropping systems in India. Through policy frameworks that incentivize the adoption of eco-friendly farming practices and provide technical assistance to farmers, policymakers seek to catalyze a wholesale transition towards sustainable agricultural paradigms. Concurrently, farmer education programs disseminate knowledge and best practices regarding the judicious utilization of biofertilizers, empowering farmers to make informed decisions that optimize agricultural productivity while safeguarding environmental integrity.

Moreover, the burgeoning consumer demand for sustainably produced food further underscores the significance of biofertilizers in the Indian agricultural landscape. As consumers increasingly prioritize food quality, safety, and sustainability, the cultivation of crops using biofertilizers emerges as a compelling value proposition that resonates with conscientious consumers. Against the backdrop of evolving consumer preferences and heightened awareness of food production practices, the adoption of biofertilizers assumes heightened significance as a means of meeting market demand for sustainably sourced agricultural products.

Expanding Soil Health Awareness & Nutrient Management

The biofertilizers market in India is undergoing significant transformation driven by a heightened awareness of soil health and the critical importance of nutrient management in agriculture. Soil degradation, nutrient imbalances, and the excessive use of chemical fertilizers have underscored the necessity for a more holistic approach to soil fertility management. Biofertilizers emerge as a sustainable solution to address these pressing concerns by harnessing the power of beneficial microorganisms to enhance nutrient availability, improve soil structure, and promote overall soil health.

Farmers across India are increasingly cognizant of the long-term repercussions of chemical fertilizers on soil biodiversity and productivity. This heightened awareness has spurred a growing interest in biofertilizers as an eco-friendly and sustainable alternative. By fostering a symbiotic relationship between plants and beneficial microorganisms, biofertilizers facilitate nutrient cycling and contribute to sustainable nutrient management practices. As farmers seek to mitigate the adverse impacts of chemical inputs on soil health, the demand for biofertilizers is expected to surge.

Moreover, the emphasis on sustainable agriculture practices further amplifies the adoption of biofertilizers in India. As stakeholders recognize the pivotal role of soil health in ensuring long-term agricultural productivity and environmental sustainability, biofertilizers emerge as a key component of sustainable farming systems. By promoting balanced and healthy soils, biofertilizers enable farmers to optimize crop yields while minimizing the ecological footprint of agricultural activities.

This trend towards sustainable nutrient management is poised to gain momentum as more farmers embrace the benefits of biofertilizers in enhancing soil health and fertility. With increasing recognition of the role of biofertilizers in fostering resilient and productive agricultural ecosystems, the biofertilizers market in India is poised for significant growth in the coming years. As farmers continue to prioritize soil health and sustainability, biofertilizers are expected to play an increasingly prominent role in shaping the future of Indian agriculture.

Increasing Crop Diversification & Organic Farming Practices

The demand for biofertilizers in India is propelled by the dual trends of crop diversification and the burgeoning interest in organic farming practices. As consumers increasingly prioritize organic produce and a wider variety of crops, farmers are seeking alternatives to conventional farming methods reliant on chemical inputs. Biofertilizers seamlessly integrate into organic farming systems, offering a natural and sustainable solution to nutrient management. These microbial inoculants enhance soil fertility without leaving behind harmful residues, aligning with the stringent requirements of organic certification standards.

The rise in organic farming adoption and the cultivation of diverse crops create an ideal environment for the expansion of the biofertilizers market in India. This growth is further catalyzed by various factors, including the overarching emphasis on sustainable agriculture, government support initiatives, heightened awareness about soil health, ongoing research and development efforts, and the widespread adoption of organic farming practices.

The convergence of these drivers underscores the pivotal role of biofertilizers in fostering more sustainable and environmentally friendly agricultural practices in the country. By promoting soil health, enhancing crop productivity, and reducing reliance on synthetic inputs, biofertilizers emerge as a vital component in the quest for agricultural sustainability and food security in India. As stakeholders across the agricultural value chain increasingly recognize the benefits of biofertilizers, their adoption is expected to continue rising, contributing to a more resilient and ecologically balanced agricultural ecosystem in the years to come.



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Key Market Challenges

Limited Awareness & Knowledge Among Farmers

A significant hurdle confronting the India biofertilizers market is the limited awareness among farmers regarding the benefits and correct utilization of biofertilizers. Particularly prevalent among traditional agricultural practitioners, this lack of familiarity with biofertilizers and their role in enhancing soil fertility poses a barrier to widespread adoption. Without adequate understanding, farmers may harbor skepticism or remain uninformed about the efficacy of biofertilizers.

Overcoming this challenge necessitates extensive educational endeavors and outreach efforts to disseminate knowledge about the advantages of biofertilizers. Collaborative initiatives involving government bodies, agricultural universities, and industry stakeholders are essential to organize training programs, workshops, and awareness campaigns. These efforts aim to empower farmers with the requisite information to make informed decisions regarding the integration of biofertilizers into their farming methodologies. Through comprehensive educational initiatives and extension services, the uptake of biofertilizers can be fostered, thereby facilitating the advancement of sustainable agricultural practices and the preservation of soil health.

Existing Competition with Chemical Fertilizers

The widespread use of chemical fertilizers in Indian agriculture poses a significant challenge for the biofertilizers market. Farmers, accustomed to the immediate effects of chemical fertilizers, struggle to transition to the more gradual benefits offered by biofertilizers. Additionally, the easy availability and government subsidies make chemical fertilizers a preferred choice. The perception of chemical fertilizers as providing quick yield boosts impedes biofertilizer adoption.

To overcome this challenge, strategic communication, educational campaigns, and potential policy measures are necessary. These initiatives should highlight the long-term benefits, cost-effectiveness, and sustainability of biofertilizers. Raising awareness about chemical fertilizer impacts on soil and environment, showcasing successful biofertilizer adoption cases, and providing farmer training and technical support are crucial steps. Further, research and development efforts should enhance biofertilizer efficacy and tailor solutions to specific crop and soil needs. Addressing these aspects comprehensively can facilitate a shift towards sustainable farming practices, reducing chemical fertilizer dependency, and promoting environmental resilience.

Key Market Trends

Increasing Demand for Organic & Sustainable Agriculture

A notable trend in the India biofertilizers market is the increasing demand for organic and sustainable agricultural practices. As consumers prioritize food safety, environmental impact, and agricultural sustainability, there is a growing preference for organically produced crops. Biofertilizers, being inherently organic and environmentally friendly, resonate with this trend. Farmers are increasingly integrating biofertilizers into their farming practices as a vital component of organic agriculture. These biofertilizers not only enhance soil fertility but also promote nutrient cycling and contribute to the overall health of the agroecosystem. 

The shift towards sustainable and organic agriculture is expected to drive the sustained growth of the biofertilizers market in India. With farmers seeking alternatives to synthetic chemicals that align with evolving consumer preferences and environmental stewardship, biofertilizers are poised to play an increasingly pivotal role in Indian agriculture. As awareness of the benefits of organic farming continues to grow and market demand for organic produce expands, the adoption of biofertilizers is likely to intensify, further fueling the market's growth trajectory.

Integration of Biofertilizers into Crop Nutrient Management Plans

A significant trend in India's biofertilizers market is the increasing integration of biofertilizers into comprehensive crop nutrient management strategies. Farmers and agronomists recognize the complementary role biofertilizers can play alongside chemical fertilizers, fostering a balanced approach to nutrient management. This integration encompasses practices such as crop rotation and cover cropping, which aim to enhance soil fertility, reduce reliance on chemical inputs, and mitigate pests and diseases.

Crop rotation involves sequencing different crops on the same land to disrupt pest cycles and improve soil health. Similarly, cover cropping involves planting specific crops during non-cropping seasons to protect and enrich the soil. These practices aid in preventing soil erosion, suppressing weeds, and adding organic matter to the soil.

When combined with traditional fertilizers, biofertilizers further contribute to soil health and crop productivity. These microbial inoculants contain beneficial microorganisms like nitrogen-fixing bacteria and phosphate-solubilizing bacteria, enhancing nutrient availability and promoting plant growth. The growing adoption of integrated nutrient management underscores the recognition of biofertilizers' importance in sustainable agriculture, positioning them as essential components of modern farming practices. This trend reflects a shift towards more environmentally friendly and efficient approaches to crop production, aligning with the broader goal of achieving agricultural sustainability.

Segmental Insights

Type Insights

Based on the type, in the Indian biofertilizer market, Nitrogen fixing biofertilizers hold a dominant and influential position. These highly beneficial biofertilizers play a crucial and indispensable role in sustainable agriculture by efficiently converting atmospheric nitrogen into a readily available form for optimal plant growth and development. With their remarkable ability, they effectively meet the nitrogen demands of various crops, particularly legumes and rice, which are extensively cultivated across India. By enriching the soil with nitrogen-fixing biofertilizers, farmers ensure that their crops receive the essential nutrient for vigorous growth and abundant yield. These biofertilizers have become an integral part of agricultural practices in India, reflecting their widespread adoption and recognition for their significant contribution to enhancing soil fertility. Moreover, their usage promotes eco-friendly farming practices, aligning with the country's commitment to sustainable and responsible agriculture.

As the demand for food production continues to rise, the importance of nitrogen-fixing biofertilizers becomes even more pronounced. Their role in improving soil fertility, reducing the dependency on chemical fertilizers, and mitigating environmental impact is vital for the long-term sustenance of Indian agriculture. With the increasing emphasis on sustainable and eco-conscious farming, the Indian biofertilizer market is expected to witness further growth and innovation in the development and application of these highly beneficial biofertilizers.

Mode of Application Insights

Based on Mode of Application, the Seed Treatment category is currently dominating the biofertilizers market in India. This is primarily due to the increasing awareness among farmers about the numerous benefits associated with seed treatments. By treating seeds with biofertilizers before planting, farmers are able to greatly enhance crop productivity. This practice has gained popularity in recent years due to its proven effectiveness in improving seed germination, promoting healthy plant growth, and ultimately leading to higher yield outcomes. Moreover, the Soil Treatment category is also witnessing significant growth in the Indian biofertilizers market. This growth can be attributed to the rising demand for organic products and the ongoing efforts to maintain and improve soil health. Farmers are increasingly recognizing the importance of using biofertilizers to enrich the soil and ensure sustainable agricultural practices. However, despite the dominance of the Seed Treatment and the growth of the Soil Treatment categories, the 'Others' category remains comparatively smaller in the Indian biofertilizers market.


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Regional Insights

In the Indian biofertilizers market, Northern India stands out as the dominant region, holding the highest market share. This dominance can be attributed to the region's rich agricultural heritage and the extensive implementation of advanced farming practices. The unique combination of fertile soil, favorable climate, and skilled farmers in states like Punjab, Haryana, and Uttar Pradesh has played a significant role in driving this growth. These states have not only embraced biofertilizers but also recognized their multitude of benefits, such as increased crop yield, improved soil health, and reduced dependence on chemical fertilizers.

Moreover, the government's proactive initiatives towards sustainable farming and the promotion of organic products have further fueled the expansion of the biofertilizers market in this region. Through subsidies, awareness campaigns, and training programs, the government has encouraged farmers to adopt biofertilizers and adopt environmentally-friendly farming practices. This collective effort has not only improved the overall productivity and profitability of farmers but has also contributed to a sustainable and environmentally-friendly approach to farming practices in Northern India. The success of the biofertilizers industry in Northern India is a testament to the collaborative efforts of farmers, government agencies, and agricultural organizations. By working together to promote the use of biofertilizers, they have paved the way for a thriving industry that not only benefits the farmers but also ensures a sustainable and environmentally-friendly future for agriculture in the region.

Recent Developments:

  • In 2023, DE SANGOSSE has finalized agreements to acquire a strategic stake in Kan Biosys India Private Limited, a prominent player in microbial technologies serving Indian farmers for over 18 years. Amidst climate change challenges affecting agricultural yields globally, the partnership aims to bolster farmers' resilience with climate-resilient technologies. Focused on enhancing soil health and food safety, the newly formed entity, Kan Biosys-DE SANGOSSE, will expand its product range and technological solutions to improve profitability for Indian farmers. Kan Biosys' expertise in biologics, particularly in formulating agriculturally significant microbes, aligns with this vision, driving advancements in soil enhancement and crop yield optimization.

Key Market Players

  • 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.

 

 

By Type

By Mode of Application

 

By Form


By Crop Type


By Region

 

  • Nitrogen Fixing
  • Phosphate Fixing
  • Potassium Fixing
  • Others
  • Soil Treatment
  • Seed Treatment
  • Others
  • Liquid
  • Carrier-Based
  • Cereals & Grains
  • Pulses & Oilseeds
  • Fruits & Vegetables
  • Others
  • North
  • South
  • West
  • East

 

Report Scope:

In this report, the India Biofertilizers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Biofertilizers Market, By Type:

o   Nitrogen Fixing

o   Phosphate Fixing

o   Potassium Fixing

o   Others

  • India Biofertilizers Market, By Mode of Application:

o   Soil Treatment

o   Seed Treatment

o   Others

  • India Biofertilizers Market, By Form:

o   Liquid

o   Carrier-Based

  • India Biofertilizers Market, By Crop Type:

o   Cereals & Grains

o   Pulses & Oilseeds

o   Fruits & Vegetables

o   Others

  • India Biofertilizers Market, By Region:

o   North

o   South

o   West

o   East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Biofertilizers Market.

Available Customizations:

India Biofertilizers Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Biofertilizers Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]




Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    India Biofertilizers Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Type (Nitrogen Fixing, Phosphate Fixing, Potassium Fixing, Others)

5.2.2.    By Mode of Application (Soil Treatment, Seed Treatment, Others)

5.2.3.    By Form (Liquid and Carrier-Based)

5.2.4.    By Crop Type (Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, Others)

5.2.5.    By Source (Domestic and Import)

5.2.6.    By Region

5.2.6.1.        By State (Top 3 States)

5.2.7.    By Company (2023)

5.3.  Market Map

6.    North India Biofertilizers Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Mode of Application

6.2.3.    By Form

6.2.4.    By Crop Type

6.2.5.    By Source

7.    West India Biofertilizers Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Mode of Application

7.2.3.    By Form

7.2.4.    By Crop Type

7.2.5.    By Source

8.    South India Biofertilizers Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Mode of Application

8.2.3.    By Form

8.2.4.    By Crop Type

8.2.5.    By Source

9.    East India Biofertilizers Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Mode of Application

9.2.3.    By Form

9.2.4.    By Crop Type

9.2.5.    By Source

10. Market Dynamics

10.1.             Drivers

10.2.             Challenges

11. Market Trends & Developments

11.1.             Recent Development

11.2.             Mergers & Acquisitions

11.3.             Product Launches

12. India Biofertilizers Market: SWOT Analysis

13. Porter’s Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Products

14. Competitive Landscape

14.1.             UPL Ltd.

14.1.1. Business Overview

14.1.2. Service Offerings

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. SWOT Analysis

14.2.             T. Stanes & Company Ltd.

14.3.             IPL Biologicals Ltd.

14.4.             Kan Biosys Pvt. Ltd.

14.5.             Manidharma Biotech Pvt Ltd.

14.6.             Biomax Naturals

14.7.             Jaipur Bio Fertilizers

14.8.             Aumgene Biosciences Pvt. Ltd.

14.9.             Criyagen Agri And Biotech Pvt Ltd.

14.10.          Varsha Bioscience and Technology India Pvt. Ltd.

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the India Biofertilizers Market was estimated to be USD 100.29 Million in 2023.

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UPL Ltd., T. Stanes & Company Ltd., IPL Biologicals Ltd., Kan Biosys Pvt. Ltd., Manidharma Biotech Pvt Ltd., are among the top market players operating in India Biofertilizers Market.

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Northern India dominates the Indian biofertilizers market, due to its rich agricultural heritage and widespread adoption of advanced farming practices. States like Punjab, Haryana, and Uttar Pradesh have played a crucial role in driving this growth. The government's initiatives towards sustainable farming and organic products have further boosted the biofertilizers market. Overall, the collective efforts of farmers, government agencies, and agricultural organizations have established a thriving and eco-friendly biofertilizers industry in Northern India.

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Increasing focus on sustainable agriculture and practices expanding soil health awareness & nutrient management are the major drivers for the India Biofertilizers Market.

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Sakshi Bajaal

Business Consultant
Press Release

India Biofertilizers Market to Grow with a CAGR of 9.74% through 2029

Apr, 2024

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 fo