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Mycorrhizae-based Biofertilizers Market Analysis, Statistics and Forecast by 2027 - MarketsandMarkets Blog The 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.