Organic Fertilizer Market Size to Grow at a CAGR of 12.65%

Organic Fertilizer Market report is segmented on the basis of application, form, source and regional & country level. Based upon application, organic fertilizer market is classified as cereals & grains, oilseed & pulses, fruits &vegetables. Based upon form, organic fertilizer market is classified into dry and liquid. Based upon source, organic fertilizer market is classified into plant based and animal based.

Organic Fertilizer Market is valued at USD 6734.5 Million in 2018 and expected to reach USD 15503.2 Million by 2025 with CAGR of 12.65% over the forecast period.

Market Analysis of Organic Fertilizer-

An organic fertilizer is a plant fertilizer that is consequent from organic sources. Organic fertilizers vary from organic compost to manure, however they have to be derived from all-organic sources. The use of these nonconventional fertilizers may result in an increased relative economic benefit with respect to the use of conventional fertilizers, in terms of saving fertilizer cost, enhancing nutrient efficiency, or increasing crop yield. Organic farming has potential to provide advantages in terms of environmental protection, conservation of non-renewable resources, improved food quality, reduction in output of extra product and reorientation of agriculture towards the change in market demand. In addition to releasing nutrients, as organic fertilizers break down, they improve the structure of the soil and increase its ability to hold water and nutrients. Organic residues have the advantage over standard NPK fertilizers of adding other nutrients such as Ca, Mg, and micronutrients. They also assist in maintaining soil organic matter. The growth will be driven by increased production of biofuels, food and nutrition security, environmental concerns and organic production.

Key Players–

Global Organic Fertilizer market Report covers prominent players are like Tata Chemicals Limited, The Scotts Miracle-Gro Company, Coromandel International Limited, National Fertilizers Limited, KrishakBharati Cooperative Limited, Midwestern Bioag, Talpollina SPA, Ilsa S.P.A, Perfect Blend, LLC, Sustane Natural Fertilizer, Inc., Biostar Systems, LLC., Agrocare Canada, Inc., Nature Safe and Others.

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The regions covered in this Global Organic Fertilizer market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of organic fertilizer is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Market Segmentation: –

By Source:

Plant Based, Animal Based

By Application:

Cereals & grains, Oilseed & pulses, Fruits & vegetables

Rapidly Increasing Organic Farming Activities and Growing Awareness About its Benefits are the Major Factors Driving the Growth of Global Organic Fertilizer Market.

Increased organic farming practices and growing awareness about the benefits of using organic fertilizers are the major factors driving the market growth. These are usually made from plant or animal waste or powdered minerals and renewable, biodegradable, sustainable, and environmentally friendly. Their major advantages include: balances the soil ecosystem; boosts plant health naturally; they’re all-natural; the process of decomposition requires no chemical intervention; they don’t upset the balance in the soil because they don’t leave behind any artificial compounds and delivers nutrients in a slow, but sustainable rate and prevents over-fertilization.

All these advantages are expected to foster the demand for organic fertilizer. In addition, increasing R&D investments in this field and rising consumer inclination towards healthy food are also supplementing the market growth. Furthermore, increasing government initiatives for sustainable methods of agriculture globally propel the market growth. However, high cost of the product may hamper the market growth. Moreover, research and development in this field can provide various opportunities for the further growth of the market.

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