Biofertilizers are natural or organic fertilizers that contain living microorganisms such as bacteria, fungi, and algae, which help to increase soil fertility and improve plant growth and yield. Unlike chemical fertilizers, biofertilizers work in synergy with the soil and plant ecosystem, providing essential nutrients and enhancing the soil's biological activity, which in turn helps to improve soil structure, water-holding capacity, and nutrient availability https://www.fortunebusinessinsights.com/industry-reports/biofertilizers-market-100413