Biofertilizers in Europe: Market Forecast Outlook and Trends (2021–2028)
The biofertilizers market in Europe is expected to grow from US$ 469.34 million in 2021 to US$ 1,153.11 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028.
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Organic Farming and Its Impact on the Biofertilizers Market in Europe
Organic farming is a method of agriculture that emphasizes the use of natural inputs, such as biological materials and organic products, while eliminating the use of synthetic fertilizers and pesticides. This approach is gaining widespread adoption due to its ability to produce healthy, high-quality food and deliver numerous environmental benefits. These benefits include enhanced soil fertility, reduced soil erosion, and lower greenhouse gas emissions.
The rising global demand for organic products is being fueled not only by health-conscious consumers but also by increasing income levels, which have led to an expansion in organic farming areas. According to the World of Organic Agriculture report by the Research Institute of Organic Agriculture (FiBL) and IFOAM, in 2019, approximately 72.3 million hectares worldwide were managed under organic agricultural practices. Furthermore, the latest FiBL survey revealed that organic farmland grew by another 2 million hectares, while organic retail sales reached a new record high.
Growing consumer concerns regarding food safety, pesticide residues, and environmental sustainability are major factors driving the shift towards organic products. As awareness increases, consumers are opting for chemical-free food, leading major retailers like Walmart and Costco to expand their offerings of organic products. This surge in organic food demand is directly boosting the need for biofertilizers and organic manures, essential inputs for organic farming.
Biofertilizers play a key role in organic agriculture by combining beneficial microorganisms with nutrient-rich, organic compounds that foster healthy soil and plant development. They not only promote sustainable farming but also improve plant resistance to pests and environmental stressors such as drought, excessive moisture, and temperature extremes. As a result, the growing adoption of organic farming is significantly driving the biofertilizers market.
Impact of COVID-19 and Growth Prospects in Europe
In Europe, countries like the UK, Russia, France, Spain, Italy, and Germany were among the most affected by the COVID-19 pandemic. The crisis led to disruptions in trade, manufacturing shutdowns, and challenges in sourcing raw materials, which initially had a negative impact on the biofertilizer market.
However, the pandemic also triggered a notable rise in organic product consumption across the region. In Germany, for example, organic product consumption increased by 22% in 2020. This growing demand has encouraged more farms to transition to organic practices. According to the U.S. Department of Agriculture, one in eight German farmers is now adopting organic farming, with numbers continuing to rise.
As organic farming expands in response to changing consumer preferences, the demand for biofertilizers is also increasing. Despite the early challenges posed by the pandemic, this shift has had a positive effect on the European biofertilizer market.
With the introduction of advanced technologies and innovative features, biofertilizer vendors are better positioned to attract new customers and expand their presence in emerging markets. These factors are expected to drive sustained growth in the Europe biofertilizers market, which is projected to achieve a strong compound annual growth rate (CAGR) over the forecast period.
Europe Biofertilizers Market Segmentation
Europe Biofertilizers Market – By Product Type
- Nitrogen Fixing
- Phosphorus Solubilizing
- Potassium Mobilizing
- Others
Europe Biofertilizers Market – By Microorganism
- Rhizobium
- Azotobacter
- Phosphate Solubilizing Bacteria
- Others
Europe Biofertilizers Market – By Crop Type
- Cereals and Grains
- Oil seeds and Pulses
- Fruits and Vegetables
- Others
Europe Biofertilizers Market – Application
- Seed Treatment
- Soil Treatment
- Others
Europe Biofertilizers Market – By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Biofertilizers Market – Companies Mentioned
- Mapleton Agri Biotec Pt. Ltd
- Novozymes
- RIZOBACTER
- Symborg
- T.Stanes and Company Limited
- UPL
- Vegalab SA
Europe Biofertilizers Strategic Insights
Strategic insights for the Europe Biofertilizers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Europe Biofertilizers Regional Insights
The geographic scope of the Europe Biofertilizers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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