Global Organic Fertilizer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
An organic fertilizer is a plant fertilizer that is derived from organic sources. Organic fertilizers can range from organic compost to cow manure, but they must be derived from all-organic sources.
Market Overview:
The latest research study on the global Organic Fertilizer market finds that the global Organic Fertilizer market reached a value of USD 7858.83 million in 2022. It’s expected that the market will achieve USD 12375.58 million by 2028, exhibiting a CAGR of 7.86% during the forecast period.
Drivers
With increase in demand for green products and pollution free agricultural products, the term ‘organic’ has become an irresistible trend of modern agriculture and is creating a buzz in the global fertilizers market. Rapid development of organic agriculture coupled with augmenting demand for organic food is expected to increase the demand for organic fertilizers.
The global market for organic fertilizer has witnessed steady growth in the recent past owing to government support and favorable perception among farmers and end-users.
Limitations
The organic fertilizers market is dependent upon the weather (rains/water supply) of that region or area; hence, weather conditions can hamper the growth of organic fertilizer market. Another concern with organic fertilizers is that a majority of them have lesser nutrient ratio than chemical fertilizers, which can massively impact farm produce.
Opportunities
Improve performance
With the progress in science and technology, investment of companies, there will be more opportunities in organic fertilizer, and more cost effective, high performance products in the future.
Emerging countries
For example, China, India are developing their industries, with the progress of economy and technology, their increased environmental awareness and preference for organic food, the market of organic fertilizer has great market potential.
Region Overview:
Europe had the highest growth rate of all regions.
Company Overview:
Italpollina SpA is one of the major players operating in the Organic Fertilizer market, holding a share of 9.49% in 2018. Operating today in more than 70 countries worldwide, with 4 production sites and many commercial offices, Italpollina offers a wide range of organic fertilizers, biostimulants of vegetal origin, beneficial microbials certified all over the world.
The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. The company is considered an industry leader in the lawn and garden market, with regional offices and research facilities across the U.S. and businesses in Canada, Europe and Asia Pacific.
Segmentation Overview:
Among different product types, Animal Based Fertilizers segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Cereals & grains segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Organic Fertilizer market covered in Chapter 3:
ILSA S.p.A
Green Has Italia S.p.A.
Fertoz
Midwestern BioAg
Shijiazhuang Golden Walter
Plantmate Organic Fertilizer
True Organic Products
Fertrell
Qingdao bafuxian
Italpollina SpA
Ukrainian Organics LLC
California Organic Fertilizers
Chongqing Wanzhi
Fertikal
Viano
Scotts Miracle-Gro Co
In Chapter 4 and Chapter 14.2, on the basis of types, the Organic Fertilizer market from 2018 to 2029 is primarily split into:
Plant Based Fertilizers
Animal Based Fertilizers
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Organic Fertilizer market from 2018 to 2029 covers:
Cereals & grains
Oilseeds & pulses
Fruits & vegetables
Others (Nurseries, Turf etc.)
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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