Global Organic Fertilizers Market Size, Trends, & Growth Opportunity, By Source (Animal, Mineral, Plant), By Form (Liquid, Dry), By By Crop type ( Fruits &Vegetables, Cereals & Grains, Oilseeds & Pulses)By Region and Forecast till 2027.
Global Organic Fertilizers Market
The global organic fertilizers Market was valued at USD 8.30 billion by 2021 which is expected to reach the USD 15.27 billion by 2027 at a CAGR of 1.37% from 2022 -2027.
Fertilizers are a good source of primary nutrients, including nitrogen, potassium, and phosphorus, and they help keep crops healthy. Animal dung, animal matter, human manure, and vegetable matter are all used to make organic fertilizers. These are perishable, long-lasting, and environmentally friendly. Organic fertilisers have a low cost and a long lasting influence.
Market Drivers
The rise in consumer knowledge about the adverse impacts of synthetic and chemical fertilisers is predicted to drive the worldwide organic fertiliser market's growth. Furthermore, the expanding consumer base for non-synthetic food, drinks, pharmaceutical, and personal care goods is predicted to increase demand for organic fertilizers, propelling the worldwide organic fertilizers market growth. Furthermore, rising health and safety consciousness, particularly among urban populations, will drive the worldwide organic fertiliser market.
Market Restraints
However, reduced nutrient content, efficiency, plant growth, and availability of alternative synthetic fertilisers are projected to limit the worldwide organic fertiliser market's growth.
Market Segmentation
The global organic fertiliser market is segmented into source, such as animal, mineral, or plant, and by form, such as liquid or dry. Further, the global organic fertiliser market is segmented into crop type, such as fruits and vegetables, cereals and grains, and oilseeds and pulses.
Regional Analysis Also, the global organic fertiliser market is segmented into five regions, such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific dominated the organic fertiliser market; this expansion is mostly attributed to increased customer health awareness, extensive cultivated land, outpacing population and per capita income development, and improved automation and irrigation capacities in the region. Furthermore, rigorous government regulations and expanding corporate worries about the expansion of this industry are driving demand for these basic agrochemicals.
Market Key Players
Various key players are discussed in this report, such as Sustane Natural Fertilizer, Inc., Perfect Blend, LLC, Ilsa S.P.A., Italpollina SPA, Midwestern Bioag, Krishak Bharati Cooperative Limited, National Fertilizers Limited, Coromandel International Limited, The Scotts Miracle-Gro Company, and Tata Chemicals Limited.
Market Taxonomy
By Source
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook