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Asia-Pacific Organic Fertilizers Market By Source (plant, Animal And Mineral) , By Crop Type ( Cereals And Grains, Oilseeds& Pulses, Fruits& Vegetables) , By Form ( Dry And Liquid) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027).

Published: March, 2023
ID: 7188
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia-Pacific Organic Fertilizers Market Size, Growth, Trends and Forecast:

Asia-Pacific Organic Fertilizers Market was worth USD 3.21 billion in 2021 and estimated to be growing at a CAGR of 13.01%to reach USD 5.91 billion by 2026.

Organic fertilizers are made using human or animal waste and vegetable matter. A naturally-occurring organic fertilizer contains animal matter produced by meat processing industries. There is low risk for environment damage as these fertilizers are obtained from natural sources.. Organic fertilizers also reduce the risk of diseases in humans. Common sources of fertilizers include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion and rock phosphate. Selection of organic fertilizers is usually done after determining the nutrients required from the crop.

Drivers and Restraints of Asia-Pacific Organic Fertilizers Market:

Increasing need for food security, high investments in R&D and change in farming practices are the major drivers of the Asia-Pacific organic fertilizers market. Agriculture is one of the major occupations in the Asia-Pacific region.  A number of farmers in the region are engaged in agriculture with huge pieces of organic lands leading to an increased demand for organic fertilizers for higher quality & safe organic foods. The growing organic agricultural practices and requirement of high-quality agricultural produce are also expected to drive the organic fertilizers market growth in this region. The major restraint of the market is the heavy reliance on chemical fertilizers so as to meet the increased demand. The synthetic fertilizers help achieve optimized productivity. The organic fertilizers market is dependent upon the weather (rains/water supply) of that region or area; hence, weather conditions can hamper the growth of organic fertilizer market.

Asia-Pacific Organic Fertilizers Market Segmentation:

Asia-Pacific Organic Fertilizers Market – By Source:

  • plant

  • animal and mineral

The animal based segment accounted for the largest share in the market. Further, the blood meal segment holds a major share in the animal based fertilizer market.

Asia-Pacific Organic Fertilizers Market – By Crop Type:

  • cereals and grains
  • oilseeds& pulses
  • fruits& vegetables

Fruits & Vegetables market is expected to grow at the highest CAGR. This is mainly because of the importance of fruits and vegetables and it being irreplaceable. Moreover they are highly perishable as compared to cereals.   

Asia-Pacific Organic Fertilizers Market – By Form:

  • dry and liquid

Liquid fertilizers are projected to dominate the market during the forecast period. They are more effective and economical when compared to the dry fertilizers.

Geographical Analysis:

On the basis of geography, the Asia-Pacific market is analysed under various regions namely India, China, Japan, Australia and South Korea. Asia-Pacific region is expected to register the highest CAGR.

Key Players:

The key players in the market include Tata Chemicals Ltd (India), The Scotts Miracle-Gro Company (U.S.), Coromandel International Limited (India), National Fertilizers Limited (India) and Krishak Bharati Cooperative Limited (India). Other significant players include Midwestern BioAg (U.S.), Italpollina SpA (Italy), ILSA S.p.A (Italy), Perfect Blend, LLC (U.S.), and Sustane Natural Fertilizer, Inc. (U.S.).

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