South Korea Composite Microbial Fertilizer Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Liquid Fertilizers, Granular Fertilizers), By Microbial Composition (Bacteria-based Fertilizers, Fungi-based Fertilizers), and South Korea Composite Microbial Fertilizer Market Insights, Industry Trend, Forecasts to 2035
Industry: AgricultureSouth Korea Composite Microbial Fertilizer Market Insights Forecasts to 2035
- The South Korea Composite Microbial Fertilizer Market size is Expected to Grow at a CAGR of around 5.6% from 2025 to 2035
- The South Korea Composite Microbial Fertilizer Market size is expected to hold a significant Share by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Composite Microbial Fertilizer Market is anticipated to grow at a CAGR of 5.6% from 2025 to 2035. The market is driven by rising demand for sustainable farming and reduced chemical input usage. Government support, along with growing awareness of soil health and organic crop benefits, is further accelerating adoption.
Market Overview
The composite microbial fertilizer in the South Korea market are fertilizers with a wide range of beneficial microorganisms like nitrogen-fixing microbes and phosphate-solubilizing microbes to enhance soil fertility, plant growth, and nutrient absorption in a way that is sustainable. The fertilizers reduce the application of chemical inputs but increase soil health in the long term and enhance production of crops. The market in South Korea is improving steadily with the strong support of the government at the top level for green farming, rising consumer demand for organic products, and greater awareness among farmers of green farming. Composite microbial fertilizer is found very widely applied in green house agriculture and high-value crops where precision and sustainability are of foremost importance. Being in granular and liquid form has made it easy to apply and effective. Though there are contributing factors such as low awareness and storage limitations, the market is likely to grow significantly in the next few years because demand for sustainable and organic agriculture solutions continues to increase.
Report Coverage
This research report categorizes the market for the South Korea composite microbial fertilizer market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea composite microbial fertilizer market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea composite microbial fertilizer market.
South Korea Composite Microbial Fertilizer Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.6% |
Historical Data for: | 2020-2023 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 121 |
Segments covered: | By Product Type, By Microbial Composition and COVID-19 Impact Analysis |
Companies covered:: | Dongbu Biochem, Novozymes A S, Syngenta AG, BASF SE, Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The South Korean composite microbial fertilizer market is driven by rising demand for sustainable and environmentally friendly agriculture. Encouragement from the government in the form of organic farming promotion and chemical fertilizers reduction is persuading farmers to shift to microbial alternatives. Rising awareness regarding soil fertility and advantage of multi-strain microbial product application are also fueling the market. Moreover, the increasing use of greenhouse and precision agriculture along with consumer demand for greater organic food is also increasing the demand for composite microbial fertilizers in the nation.
Restraining Factors
South Korean composite microbial fertilizer market is further restrained by low technical know-how and awareness of farmers, particularly rural farmers. It is also constrained by high storage and production costs, low shelf life of microbial strains, and erratic yields under varying soil and climatic conditions that also limit broader use of these biofertilizers.
Market Segmentation
The South Korea composite microbial fertilizer market share is classified into product type and microbial composition.
- The granular fertilizers segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea composite microbial fertilizer market is segmented by product type into liquid fertilizers and granular fertilizers. Among these, the granular fertilizers segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to their ease of use, longer lifespan, and suitability for open-field farming systems and large-area crops.
- The bacteria-based fertilizers segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea composite microbial fertilizer market is segmented by microbial composition into bacteria-based fertilizers and fungi-based fertilizers. Among these, the bacteria-based fertilizers segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to their capacity to nitrogenize atmospheric nitrogen, solubilize phosphate, and increase nutrient acquisition by different crops.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea composite microbial fertilizer market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Dongbu Biochem
- Novozymes A S
- Syngenta AG
- BASF SE
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea composite microbial fertilizer market based on the below-mentioned segments:
South Korea Composite Microbial Fertilizer Market, By Product Type
- Liquid Fertilizers
- Granular Fertilizers
South Korea Composite Microbial Fertilizer Market, By Microbial Composition
- Bacteria-based Fertilizers
- Fungi-based Fertilizers
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