The global biofertilizers market is valued at USD 2.8 billion in 2022. It is projected to reach USD 5.2 billion by 2028, recording a CAGR of 10.9% during the forecast period. The increasing farmland area across the globe is a major driver for the biofertilizer market. According to FiBL, the organic farmland area is recorded at 76 million ha. in 2021. The increase in concerns about...
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