Organic Fertilizers Market Size, Demand, Future Scope, Industry Analysis and Forecast Report to 2027
Global Organic Fertilizers Market was valued at USD 8.30 billion by 2019 which is expected to reach the USD 15.27 billion by 2027 at a CAGR 12.05%.
Fertilizers are rich source of primary nutrients including nitrogen, potassium, and phosphorous and help maintain the crop health. Organic fertilizers are made from animal manure, animal matter, human manure, and vegetable matter. These are perishable, sustainable, and environment friendly. Low cost and long lasting impact are the advantages of organic fertilizers.
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For a better understanding of the Organic Fertilizers market, a better grip over the macroeconomic and microeconomic factors is needed as they are impacting the market towards progress. Those factors can ensure a swift helming of the market by rough patches of economic crisis and help in averting plummeting results. With real-time data, the report captures the essence of the market and provides a close reading of demographic changes. Report would assist key players in assessing growth opportunities and optimally use resources provided by growth pockets.
Market Drivers
Rise in consumer awareness pertaining to harmful effects of synthetic & chemical fertilizers is the driving factor which is expected to boost the global organic fertilizers market growth. Furthermore, growing consumer base for non-synthetic food, beverages, pharmaceutical, and personal care products will enhance the demand for organic fertilizers which is expected to propel the global organic fertilizers market growth. Moreover, increase in awareness regarding health and safety particularly in urban population will fuel the global organic fertilizers market growth.
Market Restraints
However, lower nutrient content, efficiency, and plant growth and availability of various synthetic fertilizers are the restraining factor which is expected to hamper the global organic fertilizers market growth.
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
- Animal
- Mineral
- Plant
By Form
- Liquid
- Dry
By Crop type
- Fruits &Vegetables
- Cereals & Grains
- Oilseeds & Pulses
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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