The Global Rhizobium Market reached US$ 1.24 billion in 2022 and is projected to reach US$ 1.93 billion by 2031, growing at a CAGR of 5.71% during the forecast period 2024-2031. Market growth is driven by the rising adoption of biofertilizers as sustainable alternatives to chemical fertilizers. Rhizobium enhances soil fertility by converting atmospheric nitrogen into a usable form for plants,...

The Global Rhizobium Market was valued at approximately USD 1.24 billion in 2022 and is expected to grow to around USD 1.93 billion by 2031, registering a CAGR of 5.71% during the forecast period. Rhizobium biofertilizers, which harness nitrogen-fixing bacteria to improve soil fertility and crop yields, are gaining traction as sustainable alternatives to chemical fertilizers. Increasing farmer...