Mexico - North America Biofertilizers Market Size & Outlook
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- Petrochemicals
- Biofertilizers Market Outlook
- Petrochemicals
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Mexico biofertilizers market highlights
- The Mexico biofertilizers market generated a revenue of USD 69.3 million in 2024 and is expected to reach USD 130.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.2% from 2025 to 2030.
- In terms of segment, nitrogen fixation was the largest revenue generating product in 2024.
- Phosphate Solubilizing is the most lucrative product segment registering the fastest growth during the forecast period.
Biofertilizers market data book summary
| Market revenue in 2024 | USD 69.3 million |
| Market revenue in 2030 | USD 130.4 million |
| Growth rate | 11.2% (CAGR from 2025 to 2030) |
| Largest segment | Nitrogen fixation |
| Fastest growing segment | Phosphate Solubilizing |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nitrogen Fixation, Phosphate Solubilizing |
| Key market players worldwide | Novo Holdings, Bioceres Crop Solutions Corp, Lallemand, National Industrial, AgriLife, BIOMAX, Symborg, Antibiotice, Labofarm, Sigma AgriScience, Agrinos Inc., Kiwa Bio-Tech Products Group |
Other key industry trends
- In terms of revenue, Mexico accounted for 5.0% of the biofertilizers market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. biofertilizers market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 549.9 million by 2030.
On a global scale, Mexico is among the largest producers of organic food and is ranked in the top 20, with over 1.3 million acres of dedicated farmland for organic produce in the country. The Mexican agricultural sector is largely dependent on the production of honey and organic coffee beans.
Other key cultivated agricultural products in Brazil include fruits such as avocados and cereals & grains such as corn and sesame. Major states in Brazil constituting around 82% of the overall agricultural sector of the country include Chihuahua, Chiapas, Guerrero, Michoacán, and Oaxaca.
Further, Mexico is one of the key exporters of food products to North America as well as Latin America and Asia Pacific. With the recent incorporation of several policies regarding farming through organic methods, farmers are getting accustomed to the set of regulations to sustain in the local markets.
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Publish Date: Dec 19, 2024
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Biofertilizers Market Scope
Biofertilizers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bioceres Crop Solutions Corp | View profile | 790 | Ocampo 210 Bis, Predio CCT, Province of Santa Fe, Rosario, Argentina, 2000 | www.biocerescrops.com |
| Lallemand | View profile | 5001-10000 | Rexdale, Ontario, Canada, North America | www.lallemand.com |
| Novo Holdings | View profile | 101-250 | Hellerup, Hovedstaden, Denmark, Europe | www.novoholdings.dk |
| National Industrial | View profile | 101-250 | Abu Dhabi, Abu Dhabi, United Arab Emirates, Asia | www.nicuae.com |
| AgriLife | View profile | - | Nairobi, Nairobi Area, Kenya, Africa | agrilife.co.ke/ |
| BIOMAX | View profile | 11-50 | Cairo, Al Qahirah, Egypt, Africa | - |
| Symborg | View profile | 11-50 | Espinardo, Murcia, Spain, Europe | www.symborg.com/ |
| Antibiotice | View profile | 1001-5000 | Valea Lupului, Iasi, Romania, Europe | www.antibiotice.ro |
| Labofarm | View profile | 11-50 | Barcelona, Catalonia, Spain, Europe | www.labofarm.es |
| Sigma AgriScience | View profile | - | Boling, Texas, United States, North America | sigmaagriscience.com/ |
Mexico - North America Biofertilizers Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Biofertilizers Market Outlook will help companies and investors design strategic landscapes.
Nitrogen Fixation was the largest segment with a revenue share of 84.56% in 2024.
Horizon Databook has segmented the Mexico - North America biofertilizers market based on nitrogen fixation, phosphate solubilizing covering the revenue growth of each sub-segment from 2018 to 2030.
On a global scale, Mexico is among the largest producers of organic food and is ranked in the top 20, with over 1.3 million acres of dedicated farmland for organic produce in the country. The Mexican agricultural sector is largely dependent on the production of honey and organic coffee beans.
Other key cultivated agricultural products in Brazil include fruits such as avocados and cereals & grains such as corn and sesame. Major states in Brazil constituting around 82% of the overall agricultural sector of the country include Chihuahua, Chiapas, Guerrero, Michoacán, and Oaxaca.
Further, Mexico is one of the key exporters of food products to North America as well as Latin America and Asia Pacific. With the recent incorporation of several policies regarding farming through organic methods, farmers are getting accustomed to the set of regulations to sustain in the local markets.
- Mexico - North America Biofertilizers Market Product Outlook (Revenue, USD Million , 2018-2030)
- Nitrogen Fixation
- Phosphate Solubilizing
- Others
- Mexico - North America Biofertilizers Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Seed Treatment
- Soil Treatment
- Mexico - North America Biofertilizers Market Application Outlook (Revenue, USD Million , 2018-2030)
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others Core Type
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Biofertilizers Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Biofertilizers Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - North America Biofertilizers Market, 2018-2030 (US$M)
Mexico biofertilizers market statistics, by product, 2018-2030 (US$M)
