The United States Mycorrhizae Based Biofertilizers Market was valued at USD 116.78 Million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 7.33% through 2028. Mycorrhiza is a type of symbiotic association between certain fungi and plant roots, where the fungi form a mutualistic relationship with the plants. The mycorrhizae based biofertilizers are specialized organic formulations that contain beneficial mycorrhizal fungi in combination with other nutrients and growth-promoting microorganisms.
These biofertilizers are designed to enhance plant growth, nutrient uptake, and overall health by facilitating a mutually beneficial interaction between the mycorrhizal fungi and the plant roots. Along with this, mycorrhizae based biofertilizers also protect plants from many soil-borne infections, reduce transplantation, and acidic shock. All these factors contribute to the growth of the United States Mycorrhizae Based Biofertilizers Market in the forecast period.
Key Market Players
Plant HealthCare plc
Valent BioSciences LLC
Symborg, Inc. (A Corteva Agriscience Business)
Helena Agri-Enterprises, LLC
Tainio Biologicals, Inc.
Suståne Natural Fertilizer, Inc.
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