(MENAFN- GlobeNewsWire - Nasdaq) Coverage of major players in the Global Organic Fertilizers market such as AgroCare Canada, BioStar Systems, Coromandel International, ILSA, Italpollina and more.Dublin, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The "Organic Fertilizers - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Organic Fertilizers was estimated at US$11.7 Billion in 2023 and is projected to reach US$15.7 Billion by 2030, growing at a CAGR of 4.3% from 2023 to 2030.
What Is Fueling the Growth in the Organic Fertilizers Market?
The growth in the organic fertilizers market is driven by several key factors, including the increasing demand for organic food, rising environmental concerns, and a shift toward sustainable farming practices. As consumers become more health-conscious and environmentally aware, there is a significant demand for organic food products free from synthetic chemicals and genetically modified organisms. Organic fertilizers are essential for certified organic farming, as they provide the nutrients needed for crop growth while adhering to organic farming principles.
This demand from the organic food market has spurred farmers to adopt organic fertilizers, as they are necessary to maintain organic certification and meet consumer expectations for natural, chemical-free produce. As a result, the organic food industry's expansion is directly contributing to the growth of the organic fertilizers market, creating opportunities for fertilizer producers and suppliers to serve a rapidly growing segment.
Environmental concerns and the impact of conventional fertilizers on ecosystems are also driving the adoption of organic fertilizers. Conventional fertilizers often contribute to soil degradation, water pollution, and greenhouse gas emissions, raising questions about their long-term sustainability. Organic fertilizers, on the other hand, offer an eco-friendly alternative that reduces pollution, enhances soil biodiversity, and promotes carbon sequestration.
As governments and environmental organizations push for sustainable agriculture, there is a growing emphasis on reducing the environmental footprint of farming, encouraging farmers to switch to organic fertilizers. Policy incentives, such as subsidies for sustainable practices and regulations to limit synthetic fertilizer usage, are further promoting the adoption of organic fertilizers. With increasing pressure to adopt sustainable farming practices, the market for organic fertilizers is experiencing steady growth as more farmers transition to environmentally responsible inputs.
The rise of regenerative and organic farming movements is also fueling demand for organic fertilizers, as these approaches prioritize soil health, biodiversity, and resilience. Regenerative farming, which aims to restore and enhance the health of degraded soils, relies heavily on organic inputs like compost and manure to rebuild soil fertility and microbial life. This practice aligns closely with the principles of organic fertilizers, which improve soil structure, support biodiversity, and reduce reliance on external inputs.
As more farmers adopt regenerative practices to build resilient, productive ecosystems, the demand for organic fertilizers is expected to grow. The shift toward holistic, sustainable agricultural models underscores the critical role of organic fertilizers in supporting productive, environmentally friendly farming systems, reinforcing their importance in a market that values sustainability, health, and environmental stewardship.
Scope of the Study
The report analyzes the Organic Fertilizers market, presented in terms of market value (US$ Million).
Segments
Source (Plant, Animal, Mineral) Crop Type (Cereals & Grains, Oilseed & Pulses, Fruits & Vegetables, Other Crop Types) Form (Dry, Liquid)
Key Insights:
Market Growth: Understand the significant growth trajectory of the Plant Source segment, which is expected to reach US$9.0 Billion by 2030 with a CAGR of a 4.9%. The Animal Source segment is also set to grow at 3.5% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, estimated at $3.2 Billion in 2023, and China, forecasted to grow at an impressive 4.0% CAGR to reach $2.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
How is the Global Organic Fertilizers Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects?
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of major players in the Global Organic Fertilizers Market such as AgroCare Canada, Inc., BioStar Systems, LLC, Coromandel International Limited, ILSA S.p.A, Italpollina SpA and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 78 companies featured in this Global Organic Fertilizers Market report include:
AgroCare Canada. BioStar Systems Coromandel International ILSA Italpollina Krishak Bharati Cooperative Midwestern BioAg National Fertilizers Nature Safe Perfect Blend Sustane Natural Fertilizer Tata Chemicals Limited The Scotts Miracle-Gro Company
Key Attributes:
Report Attribute | Details |
No. of Pages | 111 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $11.7 Billion |
Forecasted Market Value (USD) by 2030 | $15.7 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
World Market Trajectories Global Economic Update Organic Fertilizers - Global Key Competitors Percentage Market Share in 2024 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
Growing Focus on Sustainable Agriculture Drives Organic Fertilizer Adoption Increasing Demand for Organic Food Propels Organic Fertilizer Market Growth Regulatory Support for Organic Farming Sets the Stage for Fertilizer Market Expansion Rising Soil Health Awareness Strengthens Demand for Organic Fertilizers Innovations in Bio-Based Fertilizers Expand Market Potential Increasing Use of Organic Fertilizers in Integrated Pest Management Spurs Demand Growing Adoption of Organic Fertilizers in Horticulture Expands Addressable Market Environmental Concerns Over Chemical Fertilizers Propel Organic Alternatives Rising Adoption of Organic Fertilizers in Developing Economies Bodes Well for Market Growth Increasing Focus on Soil Microbiome Health Sets the Stage for Market Growth Use of Organic Fertilizers in Indoor and Urban Farming Propels Market Potential Growing Demand for Organic Fertilizers in Specialty Crops Expands Opportunities Organic Fertilizers Play a Crucial Role in Water-Smart Agriculture Increased Demand for Natural and Slow-Release Fertilizers Bodes Well for Market Growth
GLOBAL MARKET PERSPECTIVE
FOCUS ON SELECT PLAYERS
AgroCare Canada. BioStar Systems Coromandel International ILSA Italpollina Krishak Bharati Cooperative Midwestern BioAg National Fertilizers Nature Safe Perfect Blend Sustane Natural Fertilizer Tata Chemicals Limited The Scotts Miracle-Gro Company
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Organic Fertilizers Market
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