Organic Fertilizers Market Trend

The organic fertilizer industry plays a vital role in sustainable agriculture and is closely related to the broader organic farming movement

NEW CASTLE, DELAWARE, UNITED STATES, October 17, 2023 /EINPresswire.com/ -- The organic fertilizer industry plays a vital role in sustainable agriculture and is closely related to the broader organic farming movement. Organic fertilizers are natural products that provide essential nutrients to plants while improving soil quality and promoting environmentally friendly and sustainable agricultural practices.

According to the report, the global organic fertilizers industry was estimated at $8.3 billion in 2020, and is anticipated to hit $15.9 billion by 2030, registering a CAGR of 5.9% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/14905

𝐓𝐲𝐩𝐞𝐬 𝐨𝐟 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐳𝐞𝐫𝐬: Organic fertilizers are derived from natural sources such as animal manure, compost, plant materials, and various organic waste products. Some common types include:

- Compost: Made from decomposed organic materials.
- Manure: Animal waste, such as cow dung or poultry litter.
- Bone meal: Ground animal bones.
- Fish emulsion: A liquid fertilizer made from fish remains.
- Seaweed and kelp fertilizers: Derived from marine plants.
- Cover crops: Plants grown to enrich the soil, like legumes fixing nitrogen.

Rise in awareness of harmful effects caused by chemical fertilizers to both human and environment drives the growth of the global organic fertilizers market. On the other hand, several adverse climatic conditions restrain the growth to some extent. However, rise in demand for organic food, especially from Europe and North America that are importing food from Asia-Pacific is projected to create lucrative opportunities for the market growth.

𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐳𝐞𝐫𝐬:

- Improve soil structure and water retention.
- Release nutrients slowly, reducing the risk of nutrient leaching.
- Enhance microbial activity in the soil.
- Reduce the risk of chemical residue in crops.
- Promote sustainable and environmentally-friendly agriculture.

The plant segment dominated with the largest share in 2020, holding more than half of the global organic fertilizers market, as they break down quicker than other organic elements. The mineral segment, however, is expected to cite the fastest CAGR of 6.2% throughout the forecast period, due to increased acceptance and use organic fertilizers.

𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧: Organic fertilizers, like organic foods, are subject to regulations and certification processes in many countries. These regulations ensure that the products used in organic farming meet certain standards and do not contain synthetic chemicals or genetically modified organisms.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡: The demand for organic fertilizers has been steadily increasing due to growing consumer awareness about organic and sustainable agriculture. This demand is driven by both organic and conventional farmers looking to improve soil health and reduce their environmental impact.

The cereal & grains segment held the highest market share in terms of revenue, accounting for more than half of the global organic fertilizers market, as they can be cultivated easily and provide high yield. Simultaneously, the fruits & vegetables segment is estimated to exhibit the fastest CAGR of 6.3% during the forecast period. This is because the demand for fruits and vegetables is large and increasing constantly.

𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬: Despite the benefits, organic fertilizers face some challenges, including lower nutrient content compared to synthetic fertilizers, potentially higher costs, and the need for greater land and organic matter to produce them at scale.

𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐚𝐧𝐝 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: The industry continues to evolve with ongoing research into more efficient production methods and the development of new organic fertilizers. Innovations like biofertilizers and mycorrhizal fungi products aim to enhance plant nutrition and productivity.

𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲: The use of organic fertilizers aligns with the principles of sustainable agriculture by reducing the environmental impact of conventional farming, including less soil and water pollution, and lower energy consumption.

The market across Asia-Pacific, followed by North America, dominated the market with major share in 2020, accounting for nearly three-fifths of the global organic fertilizers market. The same province is also expected to witness the fastest CAGR of 6.1% from 2021 to 2030. This is because the region is largely dependent on agriculture.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞: The organic fertilizer industry is not limited to one specific region. It is a global industry, and the popularity of organic farming and the use of organic fertilizers can vary from one country to another, depending on factors like consumer preferences, agricultural practices, and government policies.

The organic fertilizer industry plays a crucial role in promoting sustainable agriculture, improving soil health, and reducing the environmental impact of farming practices. It is an important component of the broader movement towards organic and environmentally-friendly food production.

𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲-

- Bio-Flora (Singapore) PTE Ltd.

- Baconco Co., Ltd.

- Cropmate Fertilizers Sdn Bhd

- PT. Jadi Mas - Fertilizers Factory

- Alpha BioGreen

- PT Pupuk Kaltim

- Cropagro

- Thai Central Chemical Public Company Limited Revisoil

- SongGianh Corporation

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: https://www.alliedmarketresearch.com/organic-fertilizers-market/purchase-options

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Allied Market Research
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.