Mycorrhizae-based biofertilizers market is projected to reach USD 1,087 million by 2027 growing at a CAGR of 14.3% from 2022 to 2027. Modern agriculture techniques encourage the increased application of biofertilizers to improve and preserve soil health, enhance nutrient solubility in soil and support sustainable agriculture. Due to this, various kinds of biofertilizers are becoming more popular in the agricultural space, especially in the arena of organic agriculture. Conventional agriculture employs pesticides and artificial fertilizers with the goal of increasing global food production by encouraging rapid and efficient plant growth to feed the ever-growing population.