Biofertilizers Market is estimated to be US$ 5.406 billion by 2030 with a CAGR of 11.9% during the forecast period prophecymarketinsights.com

Biofertilizer market accounted for US$ 1.78 billion in 2020 and is estimated to be US$ 5.406 billion by 2030 and is anticipated to register a CAGR of 11.9%.Increasing utilization of biofertilizers for sustainable farming method across the drives the global biofertilizers market. Further, rising demand for organic food along with rising trend of organic farming are boosting the global biofertilizers market.