Market Trends

India Biofertilizer Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 12.1% (2024-2032) Market Size in 2023: USD 127.5 Million Market Size in 2032: USD 356.7 Million The biofertilizer market in India is rapidly expanding, driven by sustainable agriculture practices and demand for eco-friendly farming solutions. According to the latest report by IMARC Group, the market reached USD 127.5 Million in 2023 . Looking forward, IMARC Group expects the market to reach USD 356.7 Million by 2032 , exhibiting a growth rate (CAGR) of 12.1% during 2024-2032. India Biofertilizer Market Trends and Drivers: The growing consciousness as well as the need for sustainable agricultural practices are the factors responsible for the growth of the India biofertilizer market. Additionally, as concerns over soil health, environmental impact, and the long-term sustainability of chemical fertilizers rise, farmers are highly turning to biofertilizers as a na...