Mycorrhiza-based Biofertilizer Market Size, Share, Industry, Forecast and outlook (2026-2033)

Mycorrhiza-Based Biofertilizer Market is segmented By Form (Liquid, Carrier Based), By Mode of Application (Soil Treatment, Seed Treatment), By Crop Type (Cereal and Grains, Pulses and Oilseeds, Fruits and Vegetables, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2026-2033

Last Updated: || Author: Pranjal Mathur || Reviewed: Akshay Reddy || SKU: AG5956

Report Summary
Table of Contents
List of Tables & Figures

Market Size

The Mycorrhiza-Based Biofertilizer Market was valued at USD 1.24 Billion in 2025 and is expected to reach USD 3.11 Billion in 2033, growing at a CAGR of 12.16% during the forecast period (2026–2033).

Mycorrhiza is a Bio-fertilizer that helps in promotion of plant growth in an environment friendly manner as well as providing several other benefits to cultivation of plants.  It helps in promotion of plant growth in an environment friendly manner as well as providing several other benefits to cultivation of plants. Mycorrhiza is a Bio-fertilizer that helps promote plant growth in an environment-friendly manner and provides several benefits during the plant cultivation stages. Thus, owing rise in awareness about the benefits of mycorrhiza based biofertilizers its demand is increasing which is adding to the growth of the market.

Market Summary

MetricsDetails
Market CAGR 12.16%
Segments Covered By Form, By Mode of Application, By Crop Type, and By Region
Report Insights CoveredCompetitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.
Fastest Growing RegionAsia Pacific
Largest Market Share North America

 

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Market Dynamics

Increased awareness about the benefits of mycorrhiza-based biofertilizer among farmers is driving the growth of the market

The rapidly increasing organic food market is driving the growth of the market as it is creating high demand for mycorrhiza based biofertilizers. The increased consumer awareness of growing health risks and increasing levels of residues and food contamination and other environmental issues, consumers prefer to have chemical free food products. Thus, the biofertilizers and organic fertilizers has increased owing to increased organic farming. For instance, according to FiBL, the global market for organic food showed its highest growth ever in 2020, exceeding 120 billion euros – a total increase of 14 billion euros. The United States continued to be the leading market (49.5 billion euros). Thus, the market is driven by increasing demand for sustainable agriculture development and the efficiency of using mycorrhiza to grow vital grow crops which ultimately adds to the growth of the market.

On the other hand, one of the major factors affecting the growth of the market is the limited shelf life of mycorrhiza based biofertilizers that may lead to high risk of food contamination.

Market Segmentation

Liquid segment stands for the highest share in global mycorrhiza based biofertilizers

In 2021, the liquid segment had the highest revenue share of YY percent.  Liquid based fertilizers have been the most preferred choice of consumers due to the growing demand increased usage owing to its benefits such as easy way of usage, painless, fast-acting, immediate action after application.

Market Geographical Share:

Asia-Pacific is the dominating region during the forecast period

The region has well-developed food, industrial and agricultural sectors which increases the demand for urea fertilizers and adds to the growth of the market. Furthermore, the region has a large agricultural sector which makes it an important market for fertilizer manufacturers. For example- China, India, Japan, South Korea and Taiwan are some of the major countries in Asia Pacific that have a strong agricultural production sector. Thus, the consistently growing agriculture industry and increased demand for mycorrhiza-based bio- fertilizers due to that is driving the growth of the market in the region. Furthermore, the advancements in agriculture sector along with increase in adoption of genetically modified crops are a key driver for the market in this region.

Market Competitive Landscape:

The global mycorrhiza-based biofertilizer market is competitive and comprises players such as Novozymes, Rizobacter, UniCorp Biotech, Symborg, Valent Biosciences, Asfertglobal, Agrinos, Sustane Natural Fertilizer, Sikko Industries and AgriLife among others. The mycorrhiza-based biofertilizer market competitiveness is estimated to increase over the forecast period as the key players focus on various strategies such as agreements and product innovation for various applications.

Recent Developments

In March 2026, Symborg (now part of Corteva Agriscience) expanded its mycorrhizal biofertilizer portfolio with advanced microbial formulations. The focus is on improving nutrient uptake, especially phosphorus efficiency. This supports sustainable agriculture and reduced dependence on chemical fertilizers.

In February 2026, Novonesis (Novozymes) strengthened its biofertilizer research with next-generation mycorrhizal inoculants. The company emphasized enhanced root colonization and soil health benefits. This helps improve crop yield and resilience under stress conditions.

In January 2026, UPL Ltd. expanded its natural plant protection and biofertilizer segment. The company introduced mycorrhiza-based products targeting improved soil fertility. This aligns with the growing demand for eco-friendly agricultural inputs.

The global mycorrhiza-based biofertilizer market report would provide an access to approximately 53 market data tables, 44 figures and 172 pages.

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Africa Climate Ventures
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Amcor
Arysta
Asahi
BASF
Baycurrent
BAYER
BioCartis
BIORAD
BRAUN
Budenheim
Daikin
Deerland
DENSO
DUPONT
Epax
FrieslandCampina
FUJIFILM
Hitachi
HONDA
HUAWEI
Inorganic Ventures
ITOCHU
JFE Steel
KAMEDA
Kaneka
KERRY
Marubeni
Meiji
Mitsubishi
MITSUI & Co
Morinaga
NFIT
NIPRO
Pfizer
Plexus
Polaris
Probiotical
RKW
Kearney
Takeda
Sensia
SACCO system
SEKISUI
SKYTILLER
Sony
Sumitomo Chemical
Symrise
Tate & Lyle
Teijin
thyssenkrupp
TORAY
TOSHIBA
Unilever
Xerox
FAQ’s

  • Key players are Novozymes, Rizobacter, UniCorp Biotech, Symborg, Valent Biosciences, Asfertglobal, Agrinos, Sustane Natural Fertilizer, Sikko Industries, and AgriLife.

  • Mycorrhiza-based Biofertilizer Market is expected to grow at a CAGR of 12.16% during the forecast period 2026-2033
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ADM
Africa Climate Ventures
Algalif
Amcor
Arysta
Asahi
BASF
Baycurrent
BAYER
BioCartis
BIORAD
BRAUN
Budenheim
Daikin
Deerland
DENSO
DUPONT
Epax
FrieslandCampina
FUJIFILM
Hitachi
HONDA
HUAWEI
Inorganic Ventures
ITOCHU
JFE Steel
KAMEDA
Kaneka
KERRY
Marubeni
Meiji
Mitsubishi
MITSUI & Co
Morinaga
NFIT
NIPRO
Pfizer
Plexus
Polaris
Probiotical
RKW
Kearney
Takeda
Sensia
SACCO system
SEKISUI
SKYTILLER
Sony
Sumitomo Chemical
Symrise
Tate & Lyle
Teijin
thyssenkrupp
TORAY
TOSHIBA
Unilever
Xerox
ADM
Africa Climate Ventures
Algalif
Amcor
Arysta
Asahi
BASF
Baycurrent
BAYER
BioCartis
BIORAD
BRAUN
Budenheim
Daikin
Deerland
DENSO
DUPONT
Epax
FrieslandCampina
FUJIFILM
Hitachi
HONDA
HUAWEI
Inorganic Ventures
ITOCHU
JFE Steel
KAMEDA
Kaneka
KERRY
Marubeni
Meiji
Mitsubishi
MITSUI & Co
Morinaga
NFIT
NIPRO
Pfizer
Plexus
Polaris
Probiotical
RKW
Kearney
Takeda
Sensia
SACCO system
SEKISUI
SKYTILLER
Sony
Sumitomo Chemical
Symrise
Tate & Lyle
Teijin
thyssenkrupp
TORAY
TOSHIBA
Unilever
Xerox
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