Organic Fertilizers Market Analysis, Demand, Scope, Research, Review, Applications and Forecast 2023
Research Reports
Jan 05, 2021
Global organic fertilizers market is expected to grow at a steady, strong CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The research report profiles the global organic fertilizers market in great detail and provides readers with a comprehensive overview of the market. The market’s historical growth trajectory, present conditions, and future growth prospects are studied in the report. The report provides a comprehensive overview of the market’s historical growth trajectory by detailing the historical stats regarding the market. Future projections are based on the detailed historical stats offered in the report. Based on this platform, future projections for the organic fertilizers market’s growth trajectory over the forecast period are provided in the report. The report also profiles the leading players in the global organic fertilizers market and gives readers a comprehensive analysis of the leading players in the global organic fertilizers market. The report also profiles the major drivers and restraints affecting the global organic fertilizers market. The factors making the market tick and those holding the market back are studied in detail in the report. The impact of the COVID-19 pandemic on the organic fertilizers market is also assessed in the report.
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Organic fertilizers are fertilizers made from natural products that are biodegradable and do not carry a threat to the ecology of the farmed area. The growing demand for organic food is likely to be the major driver for the global organic fertilizers market over the forecast period. As the acreage of organic farming has increased, the demand for organic fertilizers has also grown accordingly. Organic farming has become increasingly popular among farmers all over the world due to the favorable pricing structure of organic produce. Organic produce can be sold at much higher prices than conventional produce, leading to farmers making more profit from organic farming than with conventional farming. This has led to a growing demand for organic farming, thus leading to a growing demand for organic fertilizers.
The increasing awareness about the environmental effects of fertilizers is likely to be a major driver for the global organic fertilizers market over the forecast period. When fertilizers run into the surrounding area around a farm, it can cause various adverse effects to the soil around the farm. Chemical-rich fertilizers are the primary cause of such adverse events. This has driven the demand for organic fertilizers, which do not cause adverse effects on the soil they run into.
Competitive Leaderboard:
Leading players in the global organic fertilizers market include Sustane Natural Fertilizer Inc., The Scotts Miracle-Gro Company, Italpolina SpA, Agrocare Canada, Coromandel International Ltd., Midwestern BioAg, and Tata Chemicals Ltd.
Segmentation:
The global Organic Fertilizers Market is segmented on the basis of source, crop type, certification, form, and region.
By source, the global organic fertilizers market is segmented into animals, plants, and minerals. The animals segment holds the largest share in the global organic fertilizers market and is likely to retain the lead over the forecast period due to the growing use of animal-based fertilizers in the agriculture industry. Animal-based fertilizers have large amounts of nitrogen, phosphorus, potassium, and calcium, which results in a rich and fertile topsoil.
By crop type, the global organic fertilizers market is segmented into oilseeds and pulses, cereals and grains, fruits and vegetables, and others. Fruits and vegetables are the major segment in the global organic fertilizers market.
By certification, the market is segmented into 100% organic and 95% organic.
By form, the global organic fertilizers market is segmented into dry and liquid. The liquid segment is likely to dominate the global organic fertilizers market over the forecast period, as liquid fertilizers seep through the soil readily and easily reach the roots of the plants.
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Regional Analysis:
Europe dominates the global organic fertilizers market due to the strong supportive stance taken by governments in the region towards organic farming.
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