Organic Fertilizers Market Size, Share & Trends Analysis Report By Source (Animal-based, Plant-based), By Form (Dry, Liquid), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), By Region, And Segment Forecasts, 2023 - 2030

Organic Fertilizers Market Size, Share & Trends Analysis Report By Source (Animal-based, Plant-based), By Form (Dry, Liquid), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), By Region, And Segment Forecasts, 2023 - 2030

Organic Fertilizers Market Growth & Trends

The global organic fertilizers market size is expected to reach USD 17.84 billion by 2030, with a CAGR of 5.9%, according to a new report by Grand View Research, Inc. The growth is majorly driven by the increasing demand for organic and chemical-free agricultural produce worldwide. Organic fertilizers are natural substances used to improve soil fertility and provide essential nutrients to plants. They are derived from materials, such as plant matter, animal products, and even mineral deposits, in contrast to synthetic or chemical fertilizers, which are manufactured through industrial processes. They have gained popularity in recent years due to their numerous benefits for both plants and the environment.

Unlike their synthetic counterpart, which can release nutrients quickly and may lead to nutrient imbalances and runoff, organic fertilizers release nutrients gradually. This slow-release nature reduces the risk of over-fertilization and minimizes the impact on the environment. Moreover, they are considered more environment-friendly as they reduce the risk of water pollution and contribute to the long-term sustainability of agricultural practices. They also help in reducing greenhouse gas emissions, as they support healthy soil, which acts as a carbon sink.

As consumer awareness of health and environmental concerns continues to rise, there is a growing demand for organic fruits, vegetables, and other agricultural products. This drives the need for organic fertilizers to meet this demand. According to the Agricultural & Processed Food Products Export Development Authority (APEDA), India produced around 2.9 million metric tons of certified organic products including sugarcane, oilseeds, cereals, pulses, fiber, cotton, fruits, spices, and vegetables in 2022-2023. Many governments around the world are promoting organic farming practices through subsidies, incentives, and regulatory support. This support encourages farmers to adopt organic fertilizers and sustainable farming methods.

Organic Fertilizers Market Report Highlights

• Organic fertilizers improve soil health by enhancing its structure, fertility, and nutrient-holding capacity. They provide a slow release of nutrients, ensuring a steady supply of essential elements to plants over time. This helps maintain long-term soil fertility and reduces the risk of nutrient leaching
• Based on source, the plant-based segment is anticipated to grow at the largest CAGR of 3.1% over the forecast period. This growth is attributed to the fact that they are derived from animal manure, blood meal, bone meal, and fish emulsion, and are rich in essential nutrients like nitrogen, phosphorus, and potassium. These nutrients are vital for plant growth and development, making them highly effective in improving soil fertility and promoting healthy plant growth
• Based on form, the liquid segment is anticipated to witness good growth over the forecast period. This growth is attributed to the fact that liquid formulation allows for better nutrient solubility, making it easier for plants to absorb the nutrients they need for growth and development
• Based on crop type, fruits & vegetables are anticipated to witness steady growth over the forecast period. Fruits and vegetables are often consumed directly, and consumers may have a preference for organic produce due to concerns about synthetic pesticides, chemical fertilizers, and their potential impact on human health and the environment
• Europe is anticipated to witness decent growth over the forecast period. This is attributed to the fact that Europe has a strong focus on environmental sustainability and minimizing the impact of agriculture on ecosystems. Organic fertilizers, with their reduced risk of nutrient runoff and pollution, are seen as an environment-friendly choice compared to synthetic counterparts

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