Global Mycorrhizae-Based Biofertilizers Market Size, Share, Growth Analysis By Type (Ectomycorrhiza, Endomycorrhiza), By Form (Liquid, Solid), By Mode of Application (Seed Treatment, Soil Application, Root Dipping, Foliar Spray, Others), By Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others) , By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2025-2034

Report Overview

The Global Mycorrhizae-Based Biofertilizers Market size is expected to be worth around USD 2000.8 Million by 2034, from USD 644.2 Million in 2024, growing at a CAGR of 12.0% during the forecast period from 2025 to 2034. In 2024 North America held a dominant market position, capturing more than a 42.9% share, holding USD 276.3 Million in revenue.

The mycorrhizae-based biofertilizers market in India is experiencing significant growth, driven by a combination of environmental sustainability concerns, government initiatives, and increasing awareness among farmers about the benefits of biofertilizers. Mycorrhizal fungi form symbiotic relationships with plant roots, enhancing nutrient uptake, improving soil health, and increasing plant resistance to diseases and environmental stresses. These biofertilizers are particularly beneficial in regions with poor soil fertility, offering a natural alternative to chemical fertilizers.

Government initiatives play a crucial role in promoting the adoption of biofertilizers. Programs such as the Paramparagat Krishi Vikas Yojana (PKVY) provide financial assistance to farmers for the procurement of inputs like biofertilizers, biopesticides, and vermicompost. Under PKVY, farmers receive assistance of Rs 50,000 per hectare over three years, with 62% provided directly through Direct Benefit Transfer (DBT) for inputs and post-harvest management. Additionally, the National Mission for Sustainable Agriculture (NMSA) and the National Mission on Oilseeds and Oil Palm (NMOOP) support the use of biofertilizers to enhance soil health and agricultural productivity.

The Indian government has implemented several initiatives to promote the use of biofertilizers. Under the Soil Health Management (SHM) program, assistance of up to INR 160 lakh per unit is provided to state governments for establishing biofertilizer production units with a 200 MT capacity, shared on a 60:40 basis between the central and state governments. Research by the Indian Council of Agricultural Research (ICAR) indicates that biofertilizers can improve crop yields by 10-25% and supplement chemical fertilizers by 20-25% when used in conjunction

Key Takeaways

• Mycorrhizae-Based Biofertilizers Market size is expected to be worth around USD 2000.8 Million by 2034, from USD 644.2 Million in 2024, growing at a CAGR of 12.0%.
• Ectomycorrhizae-based biofertilizers held a dominant market position, capturing more than a 67.9% share.
• Solid form mycorrhizae-based biofertilizers held a dominant market position, capturing more than a 61.4% share.
• Soil application dominated the mycorrhizae-based biofertilizer market, capturing more than a 42.3% share.
• Cereals and grains segment led the mycorrhizae-based biofertilizer market, capturing more than a 44.3% share.
• North America held a dominant position in the global mycorrhizae-based biofertilizer market, capturing more than a 42.9% share, equivalent to approximately USD 276.3 million.

By Type Analysis

Ectomycorrhizae Biofertilizers Lead the Market with 67.9% Share in 2024

In 2024, Ectomycorrhizae-based biofertilizers held a dominant market position, capturing more than a 67.9% share. This segment’s prominence is attributed to its widespread application in forestry, horticulture, and ornamental plant cultivation, where ectomycorrhizal fungi form symbiotic relationships with plant roots, enhancing nutrient uptake and improving plant resilience.

The Endomycorrhizae segment, while smaller in market share compared to ectomycorrhizae, has been experiencing steady growth. This growth is driven by its applicability in a wide range of crops, including vegetables, fruits, and cereals, where it aids in phosphorus uptake and improves soil structure. The segment’s expansion is also supported by increasing awareness among farmers about the benefits of endomycorrhizal fungi in sustainable agriculture practices.

By Form Analysis

Solid Form Mycorrhizae-Based Biofertilizers Capture 61.4% Market Share in 2024

In 2024, solid form mycorrhizae-based biofertilizers held a dominant market position, capturing more than a 61.4% share. This preference is primarily due to their ease of application, longer shelf life, and cost-effectiveness, making them suitable for large-scale agricultural operations. Solid formulations are typically available as powders, granules, or pellets, which can be directly applied to the soil or mixed with other fertilizers, ensuring uniform distribution and effective colonization by mycorrhizal fungi.

The solid form segment’s growth is further supported by the increasing adoption of sustainable farming practices and the rising demand for organic produce. Farmers are increasingly turning to solid biofertilizers as a natural alternative to chemical fertilizers, aiming to improve soil health and reduce environmental impact. Additionally, government initiatives promoting organic farming and the use of bio-based inputs have bolstered the adoption of solid mycorrhizae-based biofertilizers.

By Mode of Application Analysis

Soil Application Leads Mycorrhizae-Based Biofertilizer Market with 42.3% Share in 2024

In 2024, soil application dominated the mycorrhizae-based biofertilizer market, capturing more than a 42.3% share. This method remains the most widely adopted due to its simplicity, cost-effectiveness, and suitability for large-scale farming operations. By directly incorporating mycorrhizal fungi into the soil, this approach facilitates the establishment of symbiotic relationships between the fungi and plant roots, enhancing nutrient uptake and promoting overall plant health.

The preference for soil application is particularly evident in regions with extensive agricultural activities, where the benefits of improved soil fertility and reduced dependency on chemical fertilizers are highly valued. Farmers are increasingly recognizing the long-term advantages of soil application, including enhanced crop yields and improved resilience to environmental stresses. Government initiatives and subsidies aimed at promoting sustainable farming practices have further bolstered the adoption of this application method.

By Crop Type Analysis

Cereals & Grains Dominate Mycorrhizae-Based Biofertilizer Market with 44.3% Share in 2024

In 2024, the cereals and grains segment led the mycorrhizae-based biofertilizer market, capturing more than a 44.3% share. This dominance is attributed to the extensive cultivation of staple crops such as rice, wheat, and maize, which are highly responsive to the benefits offered by mycorrhizal fungi. These fungi enhance nutrient uptake, particularly phosphorus, and improve soil structure, leading to increased crop yields and reduced dependency on chemical fertilizers.

The adoption of mycorrhizae-based biofertilizers in cereals and grains is further supported by government initiatives promoting sustainable agriculture practices. Programs like the National Mission for Sustainable Agriculture (NMSA) and the Paramparagat Krishi Vikas Yojana (PKVY) provide financial assistance and training to farmers, encouraging the use of biofertilizers. These efforts aim to improve soil health, enhance productivity, and reduce the environmental impact of farming.

Key Market Segments

By Type

• Ectomycorrhiza
• Endomycorrhiza

By Form

• Liquid
• Solid

By Mode of Application

• Seed Treatment
• Soil Application
• Root Dipping
• Foliar Spray
• Others

By Crop Type

• Cereals & Grains
  • Corn
  • Wheat
  • Rice
  • Others
• Oilseeds & Pulses
  • Soyabean
  •  Cotton
  • Others
• Fruits & Vegetables
  • Apple
  • Pears
  • Cucumber
  • Potatoes
  • Grapes
  • Others
• Others

Emerging Trends

Government Incentives Fueling the Growth of Mycorrhiza-Based Biofertilizers

The adoption of mycorrhiza-based biofertilizers in India is experiencing significant growth, largely due to supportive government initiatives aimed at promoting sustainable agriculture. These biofertilizers, which enhance soil health and nutrient uptake in plants, are being increasingly recognized as vital components in reducing dependence on chemical fertilizers and fostering eco-friendly farming practices.

The Indian government has introduced several schemes to encourage the use of biofertilizers, including mycorrhiza. Under the Paramparagat Krishi Vikas Yojana (PKVY), farmers receive financial assistance of ₹50,000 per hectare over three years, with 62% of this amount provided directly to farmers through Direct Benefit Transfer (DBT) for inputs like biofertilizers, vermicompost, and botanical extracts. Similarly, the National Mission on Oilseeds and Oil Palm (NMOOP) offers a 50% subsidy, up to ₹300 per hectare, for components such as mycorrhiza biofertilizers

• Research conducted by the Indian Council of Agricultural Research (ICAR) indicates that the use of biofertilizers, including mycorrhiza, can improve crop yields by 10-25%. Additionally, these biofertilizers can supplement chemical fertilizers by nearly 20-25% when used in conjunction, leading to reduced input costs for farmers

Furthermore, the establishment of Integrated Organic Farming System (IOFS) models in states like Kerala, Meghalaya, and Tamil Nadu demonstrates the government’s commitment to promoting organic farming practices. These models aim to generate more than 80% of the inputs required for organic farming within the farm itself, thereby reducing production costs and encouraging the adoption of sustainable practices

Drivers

Government Support and Policy Initiatives

One of the most significant driving factors for the growth of the mycorrhizae-based biofertilizers market in India is the robust support from government policies and initiatives aimed at promoting sustainable agriculture practices. The Indian government has recognized the importance of reducing chemical fertilizer dependency and enhancing soil health, leading to the introduction of various schemes and programs to encourage the adoption of biofertilizers, including mycorrhizal products.

• For instance, under the National Mission on Sustainable Agriculture (NMSA), the government allocated approximately USD 180 million in 2024 to support farmers in using bio-inputs, including biofertilizers.

Additionally, the Promotion of Alternate Nutrients for Agriculture Management (PM-PRANAM) scheme was introduced to incentivize states that reduce chemical fertilizer consumption and adopt microbial fertilizers. These initiatives not only provide financial support but also create a conducive environment for the growth of the biofertilizer market.

Furthermore, the Indian Council of Agricultural Research (ICAR) has been at the forefront of research and development in the field of biofertilizers. ICAR’s technologies, such as the development of efficient strains of mycorrhizal fungi, have been instrumental in enhancing the effectiveness of biofertilizers. These advancements contribute to improved crop yields and soil health, thereby encouraging farmers to adopt biofertilizers.

The combination of government financial support, policy incentives, and scientific research has created a favorable ecosystem for the growth of the mycorrhizae-based biofertilizers market in India. This integrated approach ensures that farmers have access to the necessary resources and knowledge to transition towards sustainable agricultural practices, thereby driving the demand for biofertilizers.

Restraints

Limited Awareness and Knowledge Among Farmers

One of the primary challenges hindering the widespread adoption of mycorrhizae-based biofertilizers in India is the limited awareness and knowledge among farmers regarding their benefits and proper application methods. Despite the growing recognition of the environmental and economic advantages of biofertilizers, many farmers remain uninformed or skeptical about their efficacy. This knowledge gap is particularly pronounced in rural areas, where access to information and training resources is often limited.

A study published in the European Journal of Sustainable Development Research in 2025 highlighted that inadequate publicity, lack of awareness about the benefits of biofertilizers, and disorganized training programs are significant barriers to their adoption. The study emphasizes the need for targeted training and demonstrations to enhance awareness and ensure that biofertilizer supplies are affordable and easily accessible to farmers.

The Indian government’s initiatives, such as the Soil Health Management (SHM) program, aim to promote the use of biofertilizers. However, the effectiveness of these programs is often compromised by the lack of farmer engagement and understanding. Without proper education and training, farmers may not recognize the value of biofertilizers or may misuse them, leading to suboptimal results and reinforcing skepticism.

Furthermore, integrating biofertilizer education into agricultural curricula and training programs can equip future generations of farmers with the knowledge and skills needed to adopt sustainable farming practices. Collaborations between government agencies, research institutions, and non-governmental organizations can facilitate the development and delivery of such educational initiatives.

Opportunity

Government Support and Policy Backing

The Indian government has been actively promoting the use of biofertilizers, including mycorrhiza-based formulations, to encourage sustainable farming practices and reduce dependency on chemical fertilizers.

Under various schemes such as the Paramparagat Krishi Vikas Yojana (PKVY), Mission Organic Value Chain Development for the North Eastern Region (MOVCDNER), and the National Mission on Oilseeds and Oil Palm (NMOOP), the government has been facilitating the adoption of organic farming methods. These initiatives aim to enhance soil health, increase crop productivity, and promote environmental sustainability.

Additionally, the Indian Council of Agricultural Research (ICAR) has been involved in developing improved and efficient strains of biofertilizers tailored to different crops and soil types. Studies indicate that the use of biofertilizers can improve crop yields by 10-25% and supplement chemical fertilizers by nearly 20-25%, thereby reducing the overall cost of cultivation.

These government-backed programs and research initiatives are creating a conducive environment for the growth and adoption of mycorrhiza-based biofertilizers in India. Farmers are being encouraged to integrate these biofertilizers into their farming practices, leading to improved soil fertility, enhanced plant growth, and a reduction in the environmental impact of chemical fertilizers.

Regional Insights

North America Leads Mycorrhizae-Based Biofertilizer Market with 42.9% Share in 2024

In 2024, North America held a dominant position in the global mycorrhizae-based biofertilizer market, capturing more than a 42.9% share, equivalent to approximately USD 276.3 million in revenue. This leadership is attributed to the region’s robust agricultural infrastructure, widespread adoption of sustainable farming practices, and strong consumer demand for organic products.

Canada also plays a pivotal role, with a growing emphasis on environmental conservation and sustainable agriculture. The country’s adoption of biofertilizers in cold-climate farming, particularly in regions like British Columbia, showcases their effectiveness in improving soil fertility and combating soil acidity. Government initiatives aimed at reducing carbon emissions further bolster the market’s expansion in Canada.

Key Regions and Countries Insights

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of MEA

Key Players Analysis

Plant HealthCare plc is a leading provider of proprietary agricultural biological products. Their Myconate® technology stimulates the recruitment of mycorrhizal fungi to the plant’s root system, enhancing nutrient and water absorption. This technology is particularly beneficial under dry conditions, improving plant resilience and growth.

Groundwork BioAg Ltd focuses on developing mycorrhizal inoculants that enhance crop productivity and sustainability. Their Rootella® product line is based on robust strains of mycorrhizal fungi that form symbiotic relationships with plant roots, improving nutrient uptake, water efficiency, and plant resilience to environmental stressors.

Novozymes A/S is a global leader in biological solutions, offering a range of mycorrhizal biofertilizers. Their product, RhizoMyx®, combines mycorrhizal fungi with biostimulants to enhance nutrient uptake and root system growth. This formulation is particularly beneficial for tuber crops like potatoes, improving overall plant health and yield.

Top Key Players Outlook

• Novozymes A/S
• UPL Limited
• Premier Tech Ltd
• Plant HealthCare plc
• Groundwork BioAg Ltd
• Valent BioSciences LLC
• Atens-Agrotechnologias Naturales S.L.
• Lallemand Inc.
• Agri Life
• Privi Life Sciences

Recent Industry Developments

In December 2024, Groundwork BioAg secured Canadian regulatory approval for Rootella® L, its cost-effective, highly concentrated liquid formulation designed to boost crop yield and soil health. This approval provides Canadian farmers with more options to access innovative biological solutions that increase yield across key crops, including corn, wheat, legumes, and cereals.

In 2024, the company introduced RhizoMyx®, a blend of endomycorrhizal species and biostimulants, designed to enhance nutrient uptake and root system growth in crops like rice, maize, and vegetables.

Report Scope