South America Biological Organic Fertilizers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 421.46 Billion |
| Market Size (2029) | USD 625.02 Billion |
| CAGR (2024 - 2029) | 8.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South America Biological Organic Fertilizers Market Analysis
The South America Biological Organic Fertilizers Market size is estimated at USD 421.46 billion in 2024, and is expected to reach USD 625.02 billion by 2029, growing at a CAGR of 8.20% during the forecast period (2024-2029).
Increased practice of organic farming, the need for improving soil organic matter, and favorable regulatory structures are the factors driving the market studied. Low product efficacy under unfavorable conditions, high demand for synthetic fertilizers, and low shelf life of microorganisms are expected to restrain the market growth. The increased practice of organic farming is one of the major factors behind the growth of the biological organic fertilizer market. The emphasis on sustainable farming and government support to manufacturers are factors that are augmenting the growth of the market.
South America Biological Organic Fertilizers Market Trends
This section covers the major market trends shaping the South America Biological Organic Fertilizers Market according to our research experts:
Increased Practice of Organic Farming
The increased concern for the environment has paved the way for the use of bio-based organic fertilizers. The increasing cost of chemical fertilizers and the push from governments for sustainable farming are enabling farmers to adopt organic farming practices. Biofertilizers are used to improve the quality of soil, as they can help in improving the quality of the soil without depriving it of the essential nutrients.
Using biofertilizers also helps in scaling up the nutrient intake of plants, which is essential in the current scenario. Biofertilizers, such as Rhizobium, Azospirillum, and Phosphobacteria, deliver nitrogen and phosphorous nutrients to crop plants through the nitrogen fixation and phosphorous solubilization processes. These biofertilizers are utilized for rice, pulses, millets, cotton, sugarcane, and other horticulture crops. Since biofertilizers are capable of boosting the soil organic matter, they considered to be few of the most important components of soil management, in the current paradigm.
Argentina Dominates the Biological Organic Fertilizer Market
Argentina accounted for 48.6% of the South American biological organic fertilizer market in 2018. The total organic agricultural land, which was treated with the biological organic fertilizers in Argentina, was around 3.39 million hectares in 2017. Argentina has strict controls and legislation regulations for allowing the commercialization of biofertilizers based on Rhizobia. In the country, biological fertilizers are registered under the National Health and Agroalimentary Quality Service (SENASA), which, along with other sectors of the government, determines the adoption, restriction, and marketing of biofertilizers in the country.
As an export-oriented market, the applications of biological organic fertilizer products increased with the adoption of sustainable farming practices and organic ingredients. The cost-efficient product offerings further augmented the market expansion in the country. More than 70% of the country's biological organic fertilizer products are exported by the country. The major crops that are treated with these products are pears, apples, oranges, mandarins, grapefruits, lemons, grapes, onions, garlic, asparagus, lettuce, beets, carrots, and cucumbers.
South America Biological Organic Fertilizers Industry Overview
The biological organic fertilizer market is fragmented, owing to the presence of large international and local markets. Collaborations with government organizations, expansions in the market, and product innovations are some of the strategies adopted by the companies.
South America Biological Organic Fertilizers Market Leaders
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Rizobacter Argentina S.A
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Embrafos
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Tstanes Pvt Ltd
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Bioprotan Pvt Ltd
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Mabiotec
*Disclaimer: Major Players sorted in no particular order
South America Biological Organic Fertilizers Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porters Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Application
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5.1.1 Cereals and Pulses
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5.1.2 Legumes and Oilseeds
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5.1.3 Fruits and Vegetables
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5.2 Type
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5.2.1 Micro Organism
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5.2.1.1 Rhizobium
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5.2.1.2 Azotobacter
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5.2.1.3 Azospirillum
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5.2.1.4 Blue-green Algae
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5.2.1.5 Phosphate Solubilizing Bacteria
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5.2.1.6 Mycorrhiza
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5.2.1.7 Other Types
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5.2.2 Organic Residues
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5.2.2.1 FYM
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5.2.2.2 Crop Residues
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5.2.2.3 Green Manure
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5.2.2.4 Other Organic Residues
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5.3 Geography
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5.3.1 South America
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5.3.1.1 Brazil
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5.3.1.2 Argentina
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5.3.1.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Rizobacter Argentina SA
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6.3.2 Lallemand Inc.
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6.3.3 T Stanes & Company Limited
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6.3.4 Camson Bio Technologies Limited
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6.3.5 Antibiotice SA
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6.3.6 Biomax
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6.3.7 Symborg
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6.3.8 Agri Life
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6.3.9 Biofosfatos do Brasil
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6.3.10 Neochim
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6.3.11 Bio Protan
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6.3.12 Circle-One Internatiomal Inc.
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6.3.13 Bio Nature Technology PTE Ltd
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6.3.14 Kribhco
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Biological Organic Fertilizers Industry Segmentation
Organic fertilizers are derived from many animal and plant-based residues and mineral ores; they are also developed from beneficial microorganisms. Biofertilizers or microbial inoculants are carrier-based, ready-to-use live bacterial or fungal formulations. On application to plants, soil, or composting pits, they help in mobilization of various nutrients with their biological activity. Biological organic fertilizers add nutrients through the natural processes of fixing atmospheric nitrogen, solubilizing phosphorus, and stimulating plant growth through the synthesis of growth-promoting substances.
| Application | |
| Cereals and Pulses | |
| Legumes and Oilseeds | |
| Fruits and Vegetables |
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South America Biological Organic Fertilizers Market Research FAQs
How big is the South America Biological Organic Fertilizers Market?
The South America Biological Organic Fertilizers Market size is expected to reach USD 421.46 billion in 2024 and grow at a CAGR of 8.20% to reach USD 625.02 billion by 2029.
What is the current South America Biological Organic Fertilizers Market size?
In 2024, the South America Biological Organic Fertilizers Market size is expected to reach USD 421.46 billion.
Who are the key players in South America Biological Organic Fertilizers Market?
Rizobacter Argentina S.A , Embrafos, Tstanes Pvt Ltd, Bioprotan Pvt Ltd and Mabiotec are the major companies operating in the South America Biological Organic Fertilizers Market.
What years does this South America Biological Organic Fertilizers Market cover, and what was the market size in 2023?
In 2023, the South America Biological Organic Fertilizers Market size was estimated at USD 389.52 billion. The report covers the South America Biological Organic Fertilizers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Biological Organic Fertilizers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Biological Organic Fertilizers Industry Report
Statistics for the 2024 South America Biological Organic Fertilizers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Biological Organic Fertilizers analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
