The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

An increase in demand for organic products is likely to stimulate innovation in the production of rhizobium bacteria fertilisers, propelling the market over the forecast period.

The global rhizobium bacteria fertilizers market is expected to grow from $1.85 billion in 2022 to $2.00 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The global rhizobium bacteria fertilizers market size is expected to reach $2.77 billion in 2027 at a CAGR of 8.5%.

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Global Rhizobium Bacteria Fertilizers Market Segments Include:

• By Type: Nitrogen-Fixing, Phosphate-Solubilizing, Potash-Mobilizing, Other Types
• By Crop Type: Cereals And Grains, Pulses And Oilseeds, Fruits And Vegetables, Other Crop Types
• By Technology: Carrier Enriched Biofertilizers, Liquid Biofertilizers
• By Application: Seed Treatment, Soil Treatment, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global rhizobium bacteria fertilizers market in 2021.

Major Market Players in the rhizobium bacteria fertilizers market include Yara International ASA, Nutrien Ltd., EuroChem Group AG, Lallemand Inc., AUMGENE Biosciences Pvt. Ltd., CF Industries Holdings Inc., Vegalab S.A, Sinofert Holdings Limited.

Strategic alliances and partnerships are prevalent trends in the rhizobium bacteria fertilisers market. Major market participants are collaborating to create novel technology. For example, Syngenta Seedcare, a Swiss agricultural research and technology business, joined with Bioceres Crop Solutions in December 2022 to commercialise innovative biological seed treatments. This seed-applied solution promotes regenerative agriculture by supporting crops such as soybean in absorbing nitrogen from the atmosphere, hence lowering the need for nitrogen fertilisers. Bioceres agricultural Solutions Corp. is a fully integrated provider of agricultural productivity technologies situated in Argentina. Furthermore, BiOWiSH Technologies, a US-based, all-natural biotechnology company for the agronomy, aquaculture, animal production, and water treatment industries, collaborated with SABIC Agri-Nutrients in July 2022 to develop BiOWiSH Crop Liquid, a combination of proprietary microbial cultures that can be added to liquid fertilisers or coated onto dry fertiliser to increase fertiliser effectiveness. SABIC Agri-Nutrients is a chemical firm established in Saudi Arabia.

The Rhizobium Bacteria Fertilizers Global Market Report 2023  provides a rhizobium bacteria fertilizers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The rhizobium bacteria fertilizers market forecast analyzes rhizobium bacteria fertilizers market size, rhizobium bacteria fertilizers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Rhizobium bacteria fertilisers are a form of biofertilizer that contains Acetobacter bacteria that can colonise plant roots and fix atmospheric nitrogen. Rhizobium is known to develop colonies on the surface of roots, promoting biological nitrogen fixation and nitrogen supply to leguminous crops. As a result, it is assumed that this mechanism is vital for improving yield and soil fertility.

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