Organic Fertilizers Market Research, Global Opportunity Analysis and Industry Forecast, 2022-2030
The
global organic fertilizers market is expected to grow at a steady, strong CAGR
over the forecast period from 2022 to 2030, according to the latest research
report from Market Research Future (MRFR). The research report profiles the
global organic fertilizers market in great detail and provides readers with a
comprehensive overview of the market. The market’s historical growth
trajectory, present conditions, and future growth prospects are studied in the
report. The report provides a comprehensive overview of the market’s historical
growth trajectory by detailing the historical stats regarding the market.
Future projections are based on the detailed historical stats offered in the
report. Based on this platform, future projections for the organic fertilizers
market’s growth trajectory over the forecast period are provided in the report.
The report also profiles the leading players in the global organic fertilizers
market and gives readers a comprehensive analysis of the leading players in the
global organic fertilizers market. The organic
fertilizers market research report also profiles the major
drivers and restraints affecting the global organic fertilizers market. The
factors making the market tick and those holding the market back are studied in
detail in the report. The impact of the COVID-19 pandemic on the organic
fertilizers market is also assessed in the report.
Organic
fertilizers are fertilizers made from natural products that are biodegradable
and do not carry a threat to the ecology of the farmed area. The growing demand
for organic food is likely to be the major driver for the global organic
fertilizers market over the forecast period. As the acreage of organic farming
has increased, the demand for organic fertilizers has also grown accordingly.
Organic farming has become increasingly popular among farmers all over the
world due to the favorable pricing structure of organic produce. Organic produce
can be sold at much higher prices than conventional produce, leading to farmers
making more profit from organic farming than with conventional farming. This
has led to a growing demand for organic farming, thus leading to a growing
demand for organic fertilizers.
The
increasing awareness about the environmental effects of fertilizers is likely
to be a major driver for the global organic fertilizers market over the
forecast period. When fertilizers run into the surrounding area around a farm,
it can cause various adverse effects to the soil around the farm. Chemical-rich
fertilizers are the primary cause of such adverse events. This has driven the
demand for organic fertilizers, which do not cause adverse effects on the soil
they run into.
Competitive Leaderboard:
Leading
players in the global organic fertilizers market include Sustane Natural
Fertilizer Inc., The Scotts Miracle-Gro Company, Italpolina SpA, Agrocare
Canada, Coromandel International Ltd., Midwestern BioAg, and Tata Chemicals
Ltd.
Regional Analysis:
According
to organic
fertilizers market size, Europe dominates the global
organic fertilizers market size due to the strong supportive stance taken by governments
in the region towards organic farming.
Segmentation:
The
global organic fertilizers market is segmented on the basis of source, crop
type, certification, form, and region.
By
source, the global organic fertilizers market is segmented into animals,
plants, and minerals. The animals segment holds the largest share in the global
organic fertilizers market and is likely to retain the lead over the forecast
period due to the growing use of animal-based fertilizers in the agriculture
industry. Animal-based fertilizers have large amounts of nitrogen, phosphorus,
potassium, and calcium, which results in a rich and fertile topsoil.
By
crop type, the global organic fertilizers market is segmented into oilseeds and
pulses, cereals and grains, fruits and vegetables, and others. Fruits and
vegetables are the major segment in the global organic fertilizers market.
By
certification, the market is segmented into 100% organic and 95% organic.
By
form, the global organic fertilizers market is segmented into dry and liquid.
The liquid segment is likely to dominate the global organic fertilizers market
over the forecast period, as liquid fertilizers seep through the soil readily
and easily reach the roots of the plants.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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