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The global biofertilizers market was valued at USD 2.53 billion in 2024 and is projected to expand from USD 2.83 billion in 2025 to USD 6.34 billion by 2032, registering a CAGR of 12.21% during the forecast period (2025–2032).
North America held the leading position in the global market, accounting for 30.83% of the share in 2024. The U.S. biofertilizers market is expected to witness remarkable growth, reaching an estimated USD 1.28 billion by 2032, driven by the increasing number of organic farms, coupled with government initiatives promoting sustainable agricultural practices and eco-friendly farming inputs.
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