Biofertilizers Market Key Growth Factors, Revenue Analysis, For 2020-2027

The Global Biofertilizers Market was estimated at USD 2.45 Bn in 2020 and is expected to grow with CAGR of 13.2% during the forecast period.

The biofertilizers market is majorly growing owing to growing consumer awareness regarding the harmful effects of chemicals on the health and environment. Aggressive usage of synthetic fertilizers along with other chemicals such as pesticides and insecticides over a long duration has severely deteriorated the quality of soil across several agrarian economies.

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