PUBLISHER: Lucintel | PRODUCT CODE: 1496971
PUBLISHER: Lucintel | PRODUCT CODE: 1496971
Organic Fertilizer Market Introduction
The global organic fertilizer market has experienced remarkable growth in recent years, driven by the increasing demand for sustainable agriculture practices and environmentally-friendly fertilizers. Organic fertilizers are derived from natural sources, such as animal manure, compost, and plant extracts, and provide essential nutrients to plants while improving soil health. This market report offers an in-depth analysis of the organic fertilizer market, including market share, key players, and growth trends.
Organic Fertilizer Market Overview
The future of the global organic fertilizer market looks promising with opportunities in the farming and gardening applications. The global organic fertilizer market is expected to reach an estimated $19.4 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are increasing consumption of organic food, favorable government regulations, and ease in availability of organic waste.
The organic fertilizer market has witnessed significant growth. The rising awareness about the harmful effects of chemical fertilizers on soil health and the environment has fueled the demand for organic alternatives. Organic fertilizers offer several benefits, including enhanced soil fertility, reduced chemical runoff, and improved crop yield, making them increasingly popular among farmers and gardeners worldwide.
A total of 103 figures / charts and 108 tables are provided in this 195-page report to help in your business decisions. A sample figure with insights is shown below.
Emerging Trends in the Organic Fertilizer Market
The rising consumer awareness of the health and environmental benefits of organic food has led to a surge in demand. Organic fertilizers play a crucial role in organic farming, as they ensure the production of nutrient-rich crops without the use of synthetic chemicals.
Precision agriculture technologies, such as soil testing and nutrient management, are being integrated with organic farming practices. This enables farmers to apply organic fertilizers in a targeted manner, optimizing nutrient uptake and reducing waste.
Manufacturers are focusing on developing advanced organic fertilizer formulations that provide balanced nutrition, improved nutrient availability, and long-lasting effects. This includes the use of bio-based ingredients, microbial additives, and slow-release technologies to enhance the efficiency of organic fertilizers.
Organic Fertilizer Market by Segment
The study includes a forecast for the global organic fertilizer market by source, crop type, form, application, and region as follows:
Organic Fertilizer Market Share
The global organic fertilizer market is witnessing significant growth, driven by the increasing demand for sustainable agriculture practices and organic food products. Key players in the market are investing in research and development to develop innovative organic fertilizer solutions and expand their market share. With emerging trends such as the demand for organic food, the adoption of precision agriculture, and innovations in fertilizer formulations, the organic fertilizer market is expected to continue its upward trajectory. Farmers, gardeners, and industry stakeholders need to stay informed about these trends and capitalize on the opportunities presented by the expanding market.
Organic Fertilizer Manufacturers
The organic fertilizer market is highly competitive, with both established companies and new entrants striving to gain market share. Key players such as Scotts Miracle-Gro Company, Tata Chemicals, Coromandel, National Fertilizers have established their presence and hold a significant market share. These companies focus on product innovation, research and development, and strategic partnerships to expand their product portfolios and cater to the evolving needs of organic agriculture.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies organic fertilizer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the organic fertilizer companies profiled in this report includes.
Organic Fertilizer Market Insight
Features of Organic Fertilizer Market
Frequently Asked Questions (FAQ)
Q1.How big is organic fertilizer market?
Answer:The global organic fertilizer market is expected to reach an estimated $19.4 billion by 2030.
Q2. What is the growth forecast for organic fertilizer market?
Answer:The organic fertilizer market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the organic fertilizer market?
Answer: The major drivers for this market are increasing consumption of organic food, favorable government regulations, and ease in availability of organic waste.
Q4. What are the major applications or end use industries for organic fertilizer?
Answer:Farming is the major applications for organic fertilizer.
Q5. Who are the key organic fertilizer companies?
Answer:Some of the key organic fertilizer companies are as follows:
Q6. Which organic fertilizer crop type segment will be the largest in future?
Answer: Lucintel forecasts that organic fertilizers for cereals and grains will remain the largest segment over the forecast period due to increasing demand of organic grains across the globe.
Q7. Who is the largest exporter of organic fertilizer?
Answer:Europe is expected to remain the largest region and witness the good growth over next 5 years.
Q8. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.
Table of Content