Biofertilizers Market Expansion: Key Players and Future Trends Shaping the Industry
The global biofertilizers market was valued at USD 2.8 billion in 2022 and is projected to grow to USD 5.2 billion by 2028, registering a CAGR of 10.9% during the forecast period. The market’s expansion is driven by the increasing availability of farmland worldwide. According to FiBL, organic farmland reached 76 million hectares in 2021. Rising concerns about environmental health and the adverse...