North America Biofertilizers Market Growth, Trends, Size, Share, Revenue and Future Outlook

North America Biofertilizers Market Size- By Microorganism, By Technology Type, By Application, By Crop Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

North America Biofertilizers Market Size- By Microorganism, By Technology Type, By Application, By Crop Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Nov 2023 Report ID: AGRI2354 Pages: 1 - 153 Formats*:     
Category : Agriculture
North America Biofertilizers Market Introduction and Overview 

According to SPER Market Research, the North America Biofertilizers Market is estimated to reach USD 3.34 billion by 2033 with a CAGR of 13.63%.

The report includes an in-depth analysis of the North America Biofertilizers Market, including market size and trends, product mix, Applications, and supplier analysis. The term "biofertilizer" refers to an organic material that contains live microorganisms that promotes plant strength and growth. It provides vital primary nutrients to plants and can be applied to seeds, plant surfaces, soil, or the interior of the plant. In addition to improving soil fertility and promoting plant development and phosphorus solubilization, biofertilizer aids in the fixation of nitrogen in plants. Being an environmentally friendly material, it contributes to a decrease in the use of chemical pesticides and fertilisers. 

  • September 2022: By acquiring Symborg Inc., Corteva Agriscience will expand Symborg's worldwide reach through Corteva Agriscience's robust distribution network.
  • January 2022: AgroFresh and Novozymes partnered to take advantage of biotechnology's promise to enhance post-harvest quality and decrease food waste. The goal of the company was to meet the growing demand from consumers for fruits and vegetables that would result in reduced food waste and environmental damage.
North America Biofertilizers Market
Market Opportunities and Challenges
The world's largest market for biofertilizer is found in North America. The region's growing need for organic food has increased demand for biofertilizers. The market for biofertilizer has benefited from new inventions, easy accessibility to the product, growing land area for organic farming, and appropriate cost. In the next years, the market will be driven by growing awareness of the various health and environmental advantages of biofertilizers. The need for biofertilizers has increased as a result of government measures to support organic farming and sustainable agricultural practises, as well as growing farmer awareness of the abuse of fertilisers. As a result, it is projected that the biofertilizer market will grow during the projected period.

However, the North America biofertilizer industry faces growth constraints due to insufficient government support for organic farming. Pricing is a noteworthy factor influencing the biofertilizer market and is currently exerting a negative impact. Overcoming challenges such as limited governmental backing and pricing issues will be pivotal for the biofertilizer market to capitalize on the growing preference for organic cultivation. Additionally, products using biofertilizer have a short shelf life and are highly contaminated.  The microorganisms used as biofertilizers become nonviable when exposed to high temperatures. It's essential to keep them in a dry, cool atmosphere as a result. The primary challenge with agricultural inoculation technology is the survival of microorganisms during storage; additional challenges stem from various factors such as culture medium, physiological state of the microorganisms at harvest, dehydration process, rate of drying, temperature maintenance during storage, and water activity of the microorganisms.

North America Biofertilizers Market


Market Competitive Landscape
The market for biofertilizers is extremely dispersed. The major players in the North America Biofertilizers market include: Agriculture Solutions, Inc., Agrinos, Agrocare Canada, BioFert Manufacturing Inc., California Organic Fertilizers, Inc., Fertilizers USA LLC, Fertoz, Kiwa Bio-Tech Products Group Corporation, Lallemand Inc., Nutrein Ltd, Orgunique, Rizobacter Argentina SA, Others. To increase their footprint in the area, these companies are entering into distribution partnerships with regional retail distributors. For example, Nutrien (Actagro LLC) has grown, establishing numerous distribution centres in important agricultural areas of both the US and Canada. With a significant presence in North America, it has over 2,000 retail outlets across seven nations.

Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2033
 Base year considered 2022
 Forecast period 2023-2033
 Segments coveredBy Microorganism, By Technology Type, By Application, By Crop Type
 Regions coveredCanada, Mexico, United States, Rest of North America
 Companies CoveredAgriculture Solutions, Inc., Agrinos, Agrocare Canada, BioFert Manufacturing Inc., California Organic Fertilizers, Inc., Fertilizers USA LLC, Fertoz, Kiwa Bio-Tech Products Group Corporation, Lallemand Inc., Nutrein Ltd, Orgunique, Rizobacter Argentina SA, Others
COVID-19 Impact on North America Biofertilizers Market
The United States leads the region in confirmed COVID-19 cases, adversely affecting manufacturing, research, and development in the biofertilizer market. Disruptions in manufacturing and raw material sourcing, compounded by the pandemic's impact on food supply chains, have negatively influenced the biofertilizer industry. The pandemic has induced changes in consumer lifestyles, increasing the demand for healthy food products and driving interest in organic farming. This heightened consumer focus on organic food due to the pandemic is fostering the adoption of organic farming practices and, consequently, boosting the demand for biofertilizers in the North American market.

Key Target Audience
  • Agribusinesses and Agricultural Cooperatives
  • Consumers
  • Environmental Organizations
  • Farmers and Agricultural Producers
  • Non-Governmental Organizations (NGOs)
  • Supply Chain and Distribution Networks
  • Others
Our in-depth analysis of the North America Biofertilizers Market includes the following segments:
By Microorganism:
  • Azospirillum
  • Azotobacter
  • Blue-green Algae
  • Mycorrhiza
  • Phosphate Solubilizing Bacteria
  • Rhizobium
  • Other Microorganisms
  • By Technology:
  • Carrier Enriched Biofertilizers
  • Liquid Biofertilizers
  • Other Technology Types
  • By Application:
  • Seed Treatment
  • Soil Treatment
  • By Crop Type:
  • Commercial Crops
  • Fruits and Vegetables
  • Grains and Cereals
  • Pulses and Oilseeds
  • Other Crop Types
  • Key Topics Covered in the Report
    • North America Biofertilizers Market Size (FY’2023-FY’2033)
    • Overview of North America Biofertilizers Market
    • Segmentation of North America Biofertilizers Market By Microorganism (Azospirillum, Azotobacter, Blue-green Algae, Mycorrhiza, Phosphate Solubilizing Bacteria, Rhizobium, Other Microorganisms)
    • Segmentation of North America Biofertilizers Market By Technology Type (Carrier Enriched Biofertilizers, Liquid Biofertilizers, Other Technology Types)
    • Segmentation of North America Biofertilizers Market By Application (Seed Treatment, Soil Treatment)
    • Segmentation of North America Biofertilizers Market By Crop Type (Commercial Crops, Fruits and Vegetables, Grains and Cereals, Pulses and Oilseeds, Other Crop Types)
    • Statistical Snap of North America Biofertilizers Market
    • Expansion Analysis of North America Biofertilizers Market
    • Problems and Obstacles in North America Biofertilizers Market
    • Competitive Landscape in the North America Biofertilizers Market
    • Impact of COVID-19 and Demonetization on North America Biofertilizers Market
    • Details on Current Investment in North America Biofertilizers Market
    • Competitive Analysis of North America Biofertilizers Market
    • Prominent Players in the North America Biofertilizers Market
    • SWOT Analysis of North America Biofertilizers Market
    • North America Biofertilizers Market Future Outlook and Projections (FY’2023-FY’2033)
    • Recommendations from Analyst
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data Source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the North America Biofertilizers Market

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. North America Biofertilizers Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Biofertilizers Market

    7. North America Biofertilizers Market, By Microorganism (USD Million)
    7.1. North America Biofertilizers Market Value Share and Forecast, By Microorganism, 2023-2033
    7.2. Azospirillum 
    7.3. Azotobacter 
    7.4. Blue-green Algae 
    7.5. Mycorrhiza 
    7.6. Phosphate Solubilizing Bacteria 
    7.7. Rhizobium 
    7.8. Other Microorganisms
     
    8. North America Biofertilizers Market, By Technology Type (USD Million)
    8.1. North America Biofertilizers Market Value Share and Forecast, By Technology Type, 2023-2033
    8.2. Carrier Enriched Biofertilizers 
    8.3. Liquid Biofertilizers 
    8.4. Other Technology Types 

    9. North America Biofertilizers Market, By Application (USD Million)
    9.1. North America Biofertilizers Market Value Share and Forecast, By Application, 2023-2033
    9.2. Seed Treatment 
    9.3. Soil Treatment 

    10. North America Biofertilizers Market, By Crop Type (USD Million)
    10.1. North America Biofertilizers Market Value Share and Forecast, By Crop Type, 2023-2033
    10.2. Commercial Crops 
    10.3. Fruits and Vegetables 
    10.4. Grains and Cereals 
    10.5. Pulses and Oilseeds 
    10.6. Other Crop Types 

    11. North America Biofertilizers Market Forecast, 2019-2033 (USD Million)
    11.1. North America Biofertilizers Market Size and Market Share

    12. North America Biofertilizers Market, By Type, 2019-2033 (USD Million)
    12.1. North America Biofertilizers Market Size and Market Share By Type (2019-2026)
    12.2. North America Biofertilizers Market Size and Market Share By Type (2027-2033)

    13. North America Biofertilizers Market, By Microorganism, 2019-2033 (USD Million)
    13.1. North America Biofertilizers Market Size and Market Share By Microorganism (2019-2026)
    13.2. North America Biofertilizers Market Size and Market Share By Microorganism (2027-2033)

    14. North America Biofertilizers Market, By Technology Type, 2019-2033 (USD Million)
    14.1. North America Biofertilizers Market Size and Market Share By Technology Type (2019-2026)
    14.2. North America Biofertilizers Market Size and Market Share By Technology Type (2027-2033)

    15. North America Biofertilizers Market, By Application, 2019-2033 (USD Million)
    15.1. North America Biofertilizers Market Size and Market Share By Application (2019-2026)
    15.2. North America Biofertilizers Market Size and Market Share By Application (2027-2033)

    16. North America Biofertilizers Market, By Crop Type, 2019-2033 (USD Million)
    16.1. North America Biofertilizers Market Size and Market Share By Crop Type (2019-2026)
    16.2. North America Biofertilizers Market Size and Market Share By Crop Type (2027-2033)

    17. North America Biofertilizers Market, By Region, 2019-2033 (USD Million)
    17.1. North America Biofertilizers Market Size and Market Share By Region (2019-2026)
    17.2. North America Biofertilizers Market Size and Market Share By Region (2027-2033) 
    17.3. Canada 
    17.4. Mexico
    17.5. United States 
    17.6. Rest of North America 

    18. Company Profile
    18.1. Agriculture Solutions, Inc.
    18.1.1. Company details
    18.1.2. Financial outlook
    18.1.3. Product summary 
    18.1.4. Recent developments
    18.2. Agrinos
    18.2.1. Company details
    18.2.2. Financial outlook
    18.2.3. Product summary 
    18.2.4. Recent developments
    18.3. Agrocare Canada
    18.3.1. Company details
    18.3.2. Financial outlook
    18.3.3. Product summary 
    18.3.4. Recent developments
    18.4. BioFert Manufacturing Inc.
    18.4.1. Company details
    18.4.2. Financial outlook
    18.4.3. Product summary 
    18.4.4. Recent developments
    18.5. California Organic Fertilizers, Inc.
    18.5.1. Company details
    18.5.2. Financial outlook
    18.5.3. Product summary 
    18.5.4. Recent developments
    18.6. Fertilizers USA LLC
    18.6.1. Company details
    18.6.2. Financial outlook
    18.6.3. Product summary 
    18.6.4. Recent developments
    18.7. Fertoz
    18.7.1. Company details
    18.7.2. Financial outlook
    18.7.3. Product summary 
    18.7.4. Recent developments
    18.8. Kiwa Bio-Tech Products Group Corporation
    18.8.1. Company details
    18.8.2. Financial outlook
    18.8.3. Product summary 
    18.8.4. Recent developments
    18.9. Lallemand Inc.
    18.9.1. Company details
    18.9.2. Financial outlook
    18.9.3. Product summary 
    18.9.4. Recent developments
    18.10. Nutrein Ltd
    18.10.1. Company details
    18.10.2. Financial outlook
    18.10.3. Product summary 
    18.10.4. Recent developments
    18.11. Orgunique
    18.11.1. Company details
    18.11.2. Financial outlook
    18.11.3. Product summary 
    18.11.4. Recent developments
    18.12. Rizobacter Argentina SA
    18.12.1. Company details
    18.12.2. Financial outlook
    18.12.3. Product summary 
    18.12.4. Recent developments
    18.13. Others 
     
    19. List of Abbreviations

    20. Reference Links

    21. Conclusion

    22. Research Scope

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    North America Biofertilizers Market is projected to reach USD 3.34 billion by 2033, growing at a CAGR of 13.63% during the forecast period.
    North America Biofertilizers Market grew in market size from 2022. The Market is expected to reach USD 3.34 billion by 2033, at a CAGR of 13.63% during the forecast period.
    North America Biofertilizers Market CAGR of 13.63% during the forecast period.
    North America Biofertilizers Market size is USD 3.34 billion from 2023 to 2033.
    North America Biofertilizers Market Segment is covered By Microorganism, By Technology Type, By Application, By Crop Type.
    The North America is anticipated to have the highest market share in the North America Biofertilizers Market.
    The key players in the market include Companies Covered Agriculture Solutions, Inc., Agrinos, Agrocare Canada, BioFert Manufacturing Inc., California Organic Fertilizers, Inc., Fertilizers USA LLC, Fertoz.
    The term "biofertilizer" refers to an organic material that contains live microorganisms that promotes plant strength and growth. It provides vital primary nutrients to plants and can be applied to seeds, plant surfaces, soil, or the interior of the plant.
    Not able to find what you are looking for? Need customization in the existing report?
    Click Here
    PLACE AN ORDER
    • 15% off
       
      $ 3400
    • 20% off
               
      $ 4520
    • 25% off
           
      $ 5650
    Pre-Purchase Inquiry
    SEND AN INQUIRY
    NEED CUSTOMIZATION?
    Request Customization
    CALL OR EMAIL US
    US:
    India:
    Email:
    100% Secure Payment

    SPER American Express
    SPER VISA
    SPER Master Card
    SPER Mestro
    SPER Paypal
    SPER CCAvenues

    Join Our SPER Panel

    Our Global Clients

    Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
    SPER-Astellas Pharma
    SPER-Citi Bank
    SPER-Microsoft
    SPER-EY
    SPER-McKinsey
    SPER-Bain
    SPER-Max-Healthcare
    SPER-DHL
    SPER-SIEMENS
    SPER-IQVIA
    SPER-Pfizer
    SPER-LOREAL
    SPER-Kankar IMRB
    SPER-ITA
    SPER-PWC
    SPER-Sanofi
    SPER-p&g
    SPER-Johnson & Johnson
    SPER-IPSOS
    SPER-Heineken

    SPER

    Market Research

    We are the leading, full-service global market research and consulting company.

    Certificates
    iso-1 iso-1 iso-1 ESOMAR
    Secure Payments
    SPER Payment Options
    Contact HR

     [email protected]

     +91-742-898-5650