About Organic Fertilizer
Organic fertilizers are those fertilizers, which is derived from animal excreta, animal matter and vegetable matter. It is widely used in commercial farming are extracted from minerals. Increasing usage of animal waste products as organic fertilizers continues, rising demand for natural based food products, government initiatives and subsidies promoting the use of organic fertilizers are some of the major drivers which are propelling the growth of the market. The market for organic fertilizers is anticipated to register a CAGR of over 13.8% during the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global organic fertilizer market can witness an upsurge in the forecast period Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Organic Fertilizer market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tata Chemicals Limited (India), The Scotts Miracle-Gro Company (United States), Coromandel International Limited (India), National Fertilizers Limited (India), Krishak Bharati Cooperative Limited (India), Midwestern BioAg (United States), Italpollina SpA (Italy), ILSA S.p.A (Italy), Perfect Blend, LLC (United States) and Sustane Natural Fertilizer, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are BioStar Systems, LLC (United States), AgroCare Canada, Inc. (Canada), and Nature Safe (United States).
Segmentation Overview
AMA Research has segmented the market of Global Organic Fertilizer market by and Region.
On the basis of geography, the market of Organic Fertilizer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Dry will boost the Organic Fertilizer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Crop Type, the sub-segment i.e. Cereals & Grains will boost the Organic Fertilizer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Plant will boost the Organic Fertilizer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Organic Food Sales
Market Growth Drivers:
Advances in the Manufacturing Process of Organic Fertilizers and Increasing Land Area under Organic Cultivation
Challenges:
Comparatively Unfavorable Cost and Nutritional Dynamics and Premium Prices of Organic Substitutes and Less Production
Restraints:
Continued Higher Reliance on Inorganic Means of Cultivation
Opportunities:
Increasing Size of Potential Consumer Base Worldwide and Rising demand from emerging economies such as India, China, and others
In July 2018, the Smartchem technologies Company has launched organic fertilizers, which improves the yield as well as improve the quality of the produce. Hence, it will benefit increase the product portfolio of the company in the future.
Key Target Audience
Food and Agriculture Organization, International Fertilizer Industry Association, International Fertilizer Society, Research Institute of Organic Agriculture and Organization for Economic Co-operation and Development
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.