The global organic fertilizers market was valued at USD 9.28 billion in 2023 and is anticipated to reach USD 10.38 billion in 2024 from USD 18.36 billion by 2032, growing at a CAGR of 12.08% from 2024 to 2032.
With people becoming extra health-conscious day by day, there has been an increase in the demand for organic and green products. There has been a rapid development in organic agriculture, coupled with an increase in the demand for organic food products which is a major driver of this market. The market has been growing at a steady rate because of government support and farmers switching to these fertilizers. When compared to conventional fertilizers, organic fertilizers are less harmful and cheaper. Due to the government’s various policies regarding pollution and non-biodegradable items, the production of organic fertilizers has risen in the past few years. The organic fertilizer market is dependent upon the weather (rains/water supply) of that region or area; hence, weather conditions can hamper the growth of the organic fertilizer market. Another concern with organic fertilizers is that a majority of them have lesser nutrient ratios than chemical fertilizers, which can massively impact farm produce.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
CAGR |
12.08% |
Segments Covered |
By Source, Crop Type, Form and Region. |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
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), Midwestern BioAg (U.S.), Italpollina SpA (Italy), ILSA S.p.A (Italy), Perfect Blend, LLC (U.S.),and Sustane Natural Fertilizer, Inc. (U.S.) and Others. |
The animal-based segment accounted for the largest share of the market. Further, the blood meal segment holds a major share of the animal-based fertilizer market.
Fruits & vegetable 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.
Liquid fertilizers are projected to dominate the market during the forecast period. They are more effective and economical when compared to dry fertilizers.
The Organic Fertilizers market was dominated by Europe. Asia-Pacific region is expected to register the highest CAGR.
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), Midwestern BioAg (U.S.), Italpollina SpA (Italy), ILSA S.p.A (Italy), Perfect Blend, LLC (U.S.), and Sustane Natural Fertilizer, Inc. (U.S.).some of the market players dominate the global organic fertilizers market.
Organic fertilizers are derived from human waste, animal waste or vegetable matter. Naturally-occurring organic fertilizers contain animal matter produced by meat processing industries. Since these fertilizers are obtained naturally, there is a low risk for environmental damage. Organic fertilizers also reduce the risk of diseases in humans. Prominent organic fertilizers available in the market include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion, and rock phosphate. The selection of organic fertilizers is usually done after determining the nutrients required from the crop.
By Source
By Crop Type
By Form
By Region
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