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Mycorrhiza Market Size

The Mycorrhiza Biofertilizers Market is projected to experience significant growth over the forecast period, driven by the increasing adoption of organic farming practices and the rising demand for organic produce. The market's expansion is particularly notable in horticultural crops, where the consumption of mycorrhiza is accelerating due to the growing acreage dedicated to organic fruits and vegetables. Europe leads in market share, with countries like France and Italy at the forefront, benefiting from a shift towards organic cultivation and reduced reliance on chemical fertilizers.

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Market Size of mycorrhiza Industry

Mycorrhiza Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 1.18 Billion
svg icon Market Size (2029) USD 1.87 Billion
svg icon Largest Share by Crop Type Row Crops
svg icon CAGR (2024 - 2029) 9.65 %
svg icon Largest Share by Region Europe
svg icon Market Concentration High

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Mycorrhiza Biofertilizers Market Analysis

The Mycorrhiza Market size is estimated at USD 1.18 billion in 2024, and is expected to reach USD 1.87 billion by 2029, growing at a CAGR of 9.65% during the forecast period (2024-2029).

  • Row Crops is the Largest Crop Type. Barley, corn, wheat, rapeseed, rye, sunflower, soybean, and rice are produced globally. Mycorrhiza contributes to several immobile and mobile elements from plants.
  • Horticultural Crops is the Fastest-growing Crop Type. The growing consumption of organic produce and the rising acreage under the organic fruits and vegetable crops resulted in more mycorrhiza consumption in horticultural crops.
  • Europe is the Largest Region. France and Italy countries are dominating the mycorrhiza market, this is due to the increased organic cultivation of row crops and the reduction in chemical fertilizers use.
  • France is the Largest Country. Cabbage, lentils, pumpkins, wheat, maize, barley, and potatoes are the organic crops produce in the country. Mycorrhiza application reduce the chemical fertilizer consumption.
Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.

This section covers the major market trends shaping the Mycorrhiza Market according to our research experts:

Row Crops is the largest Crop Type

  • Mycorrhiza is a fungus that establishes a symbiotic relationship with the plant root system. It increases the root surface area of the plants, which in turn enhances the nutrient uptake of the plants. Row crops dominate the mycorrhiza market, and the segment accounted for about 76.0% of the market value in 2022. Barley, corn, wheat, rapeseed, rye, sunflower, soybean, and rice are the major row crops grown globally.
  • Horticultural crops represent 19.2% of the global mycorrhiza market, valued at USD 191.9 million in 2022, with Europe being the dominant market with a share of 52.6% in the same year. The demand for organic fruits and vegetables in the region is growing, with Germany and France being the major markets for organic food consumption.
  • Cash crops, including coffee, tea, cocoa, cotton, and sugarcane, accounted for 4.7% of the global mycorrhiza market in 2022. The North American region dominates the mycorrhiza biofertilizer market for cash crops. The segment accounted for 59.2% of the total value in 2022, with the United States being the dominant market, accounting for 47.0% of the market share. The large cultivation area in the United States and the presence of phosphorous-deficient soils in about 16 states are the main factors contributing to this dominance.
  • The use of mycorrhiza in agriculture provides a sustainable and eco-friendly approach to improving plant growth and productivity. The mycorrhiza market is expected to grow in the coming years as more farmers and growers adopt this technology to improve their yields and reduce their environmental footprint.
Mycorrhiza Market: Mycorrhiza Market, CAGR, %, By Crop Type, 2023 - 2029

Mycorrhiza Biofertilizers Industry Segmentation

Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
Crop Type
Cash Crops
Horticultural Crops
Row Crops
Region
Africa
By Country
Egypt
Nigeria
South Africa
Rest of Africa
Asia-Pacific
By Country
Australia
China
India
Indonesia
Japan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Country
France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
Middle East
By Country
Iran
Saudi Arabia
Rest of Middle East
North America
By Country
Canada
Mexico
United States
Rest of North America
South America
By Country
Argentina
Brazil
Rest of South America
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Mycorrhiza Market Size Summary

The mycorrhiza biofertilizers market is poised for significant growth, driven by the increasing adoption of sustainable agricultural practices. Mycorrhiza, a fungus that forms a symbiotic relationship with plant roots, enhances nutrient uptake and improves plant growth, making it a popular choice among farmers seeking to reduce chemical fertilizer use. The market is characterized by its fragmented nature, with a few key players like Atlántica Agrícola, Biolchim SPA, and Symborg, Inc. leading the industry. The largest segment within the market is row crops, which dominate due to their substantial nutrient demands and widespread cultivation. Horticultural crops are emerging as the fastest-growing segment, fueled by the rising demand for organic produce. Europe stands out as the largest regional market, with countries like France and Italy at the forefront, benefiting from increased organic cultivation and reduced reliance on chemical inputs.

The mycorrhiza market is expected to expand significantly over the forecast period, with Europe and North America being key regions driving this growth. In Europe, the demand for organic fruits and vegetables is on the rise, particularly in Germany and France, which are major markets for organic food consumption. North America, especially the United States, leads in the cash crops segment, supported by the large cultivation areas and phosphorous-deficient soils. The market's growth is further bolstered by ongoing investments in manufacturing facilities and the development of new mycorrhiza-based products. As more farmers recognize the benefits of mycorrhiza biofertilizers in enhancing crop yields and promoting sustainable farming, the market is set to experience robust expansion in the coming years.

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Mycorrhiza Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION

    1. 1.1 Crop Type

      1. 1.1.1 Cash Crops

      2. 1.1.2 Horticultural Crops

      3. 1.1.3 Row Crops

    2. 1.2 Region

      1. 1.2.1 Africa

        1. 1.2.1.1 By Country

          1. 1.2.1.1.1 Egypt

          2. 1.2.1.1.2 Nigeria

          3. 1.2.1.1.3 South Africa

          4. 1.2.1.1.4 Rest of Africa

      2. 1.2.2 Asia-Pacific

        1. 1.2.2.1 By Country

          1. 1.2.2.1.1 Australia

          2. 1.2.2.1.2 China

          3. 1.2.2.1.3 India

          4. 1.2.2.1.4 Indonesia

          5. 1.2.2.1.5 Japan

          6. 1.2.2.1.6 Philippines

          7. 1.2.2.1.7 Thailand

          8. 1.2.2.1.8 Vietnam

          9. 1.2.2.1.9 Rest of Asia-Pacific

      3. 1.2.3 Europe

        1. 1.2.3.1 By Country

          1. 1.2.3.1.1 France

          2. 1.2.3.1.2 Germany

          3. 1.2.3.1.3 Italy

          4. 1.2.3.1.4 Netherlands

          5. 1.2.3.1.5 Russia

          6. 1.2.3.1.6 Spain

          7. 1.2.3.1.7 Turkey

          8. 1.2.3.1.8 United Kingdom

          9. 1.2.3.1.9 Rest of Europe

      4. 1.2.4 Middle East

        1. 1.2.4.1 By Country

          1. 1.2.4.1.1 Iran

          2. 1.2.4.1.2 Saudi Arabia

          3. 1.2.4.1.3 Rest of Middle East

      5. 1.2.5 North America

        1. 1.2.5.1 By Country

          1. 1.2.5.1.1 Canada

          2. 1.2.5.1.2 Mexico

          3. 1.2.5.1.3 United States

          4. 1.2.5.1.4 Rest of North America

      6. 1.2.6 South America

        1. 1.2.6.1 By Country

          1. 1.2.6.1.1 Argentina

          2. 1.2.6.1.2 Brazil

          3. 1.2.6.1.3 Rest of South America

Mycorrhiza Market Size FAQs

The Mycorrhiza Market size is expected to reach USD 1.18 billion in 2024 and grow at a CAGR of 9.65% to reach USD 1.87 billion by 2029.

In 2024, the Mycorrhiza Market size is expected to reach USD 1.18 billion.

Mycorrhiza Biofertilizers Market Report Snapshots

Mycorrhiza Biofertilizers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)