Global Organic Fertilizers Market Outlook

The valuation of the Organic Fertilizer Market Size reached USD 33.74 billion in 2021. Forecasts suggest that the industry is poised for significant expansion, projected to escalate from USD 7.76 billion in 2022 to USD 24.77 billion by 2032, demonstrating a robust compound annual growth rate (CAGR) of 11.1% within the forecast period from 2022 to 2032. This growth is primarily attributed to the escalating consumer demand for food produced without synthetic fertilizers and pesticides. Organic fertilizers, recognized for enhancing crop yields, hold substantial potential as an alternative to traditional inputs. The collaborative efforts of governments and market entities further contribute to market growth initiatives. Notably, the European government, through its Common Agricultural Policy (CAP) rural growth program, has allocated a significant portion of the budget (30%) to promote and support organic farming. This global shift towards organic farming arises from its versatility as a substitute for conventional methods, like the use of synthetic fertilizers and other artificial techniques. The widespread environmental damage caused by synthetic fertilizers and pesticides has catalyzed a surge in the demand for organic fertilizers.

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The global organic fertilizers market is growing due to increasing population as well as their increasing willingness to pay for organic foods. Farmers’ preference towards organic farming due to favourable pricing of the products has helped to increase the area under cultivation as well as growing agriculture land area for organic cultivation, has led to the increasing demand for organic fertilizers. In addition to the increasing population, the growing demand for food, rise in the crop production, increasing soil efficiency, growing economy, increasing demand for biofuels and high-quality yield are expected to drive the organic fertilizers market. Increased awareness about the organic fertilizers due to government policies and rules towards the growth of organic fertilizers has raised the bar for quality, which, in turn, increase the market share of organic fertilizers globally. Major market dispersion is leading to the introduction of new products based out of the organic fertilizers and their retail across various regions. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has fuelled up the share of organic fertilizers in the global market. High nutritional benefits obtained from organic fertilizers are also supporting the sale of organic fertilizers globally. Additionally, the augmentation of the product development together with research advancements are other significant reasons for the increasing growth of the organic fertilizers market during the forecast period 2023–2030.

Downstream Market Analysis:

Globalization and urbanization are key factors for the growth of this Organic fertilizers market outlook . Furthermore, the admiration of organic fertilizers and its involvement of nutritional attributes as well as extra micronutrients are encouraging the growth of the liquid fertilizers market. The consumer’s willingness to pay for organic foods as well government’s policies and rules towards the organic fertilizers is expected to play a significant role in the growth of this market during the forecast period. Additionally, the augmentation of the product development together with research advancements are other significant reasons for the increasing growth of the organic fertilizers market during the forecast period 2023–2030.

Some of the key players in the global Organic fertilizers market are:

·        Tata Chemicals Ltd. (India)

·        Midwestern BioAg (U.S.)

·        Coromandel International Limited (India)

·        Agrocare Canada (Canada)

·        Italpollina S.p.A. (Italy)

·        The Scotts Miracle-Gro Company (U.S.)

·        Suståne Natural Fertilizer, Inc. (U.S.)

The demand for organic fertilizers has pushed manufacturers to innovate and develop new product lines, which provide better quality and offers various health benefits.

Regional Analysis:

The global organic fertilizers market is regionally segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Europe region accounts for major market share followed by Asia Pacific for the organic fertilizers market. Ample availability of land for farming under organic cultivations as well as consumer willingness to pay for the organic foods, will drive the growth of the market in the European region during the forecast period. In Asia Pacific, strong government policies that contribute to the growth of organic fertilizers as well as large agricultural land area, will drive the growth of this market in this region. However, in European region, significant growth is expected in Germany, France and Italy due to increasing health and environmental concerns, over the forecast period 2023–2030.

Market Segmentation

The global organic fertilizers market is segmented by source, crop, certifications, form, and region.

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