India Organic Fertilizers Market Forecast 2023-2030

India Organic Fertilizers Market Forecast 2023-2030

KEY FINDINGS

The India organic fertilizers market growth is projected to record a CAGR of 12.76% during the forecast period, 2023-2030. Organic farming is expanding at a steady pace in India. Also, agriculture is a significant source of livelihood in the country.

MARKET INSIGHTS

The promotion of awareness programs geared towards educating farmers about the advantages of organic farming, combined with the provision of post-harvest infrastructure and marketing facilities, has played a pivotal role in fostering the expansion of India's organic fertilizers sector. For instance, the Bhartiya Prakritik Krishi Padhati (BPKP) was introduced as a subsidiary scheme under the Paramparagat Krishi Vikas Yojana (PKVY) in the fiscal year 2020-21. This initiative aims to endorse traditional indigenous practices, including Natural Farming (NF). The ongoing support from these endeavors, along with the growing acknowledgment of organic farming's merits, remains instrumental.

The India organic fertilizers market segmentation includes crop type, form, and source. Organic fertilizers derived from animal sources are manufactured using animal waste, such as manure, blood meal, and bone meal. These fertilizers serve as a valuable reservoir of nitrogen, phosphorus, and potassium, contributing to the enhancement of soil structure. Their inherent organic properties align with the surging consumer demand for agricultural methods that are both environmentally friendly and free from chemicals. As farmers explore substitutes for synthetic fertilizers, the sector of animal-based organic fertilizers has experienced remarkable expansion.

COMPETITIVE INSIGHTS

Some of the leading companies operating in the market are Krishak Bharati Cooperative Limited, Biomax Naturals, Agri Life, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations.
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments