Global Organic Fertilizer Market Overview

Organic fertilizers are increasingly utilized to improve crop yields and there is a huge potential to use them as an alternative to conventional inputs. Moreover, the increased efforts of the government and market players operating in the market to encourage the use of organic fertilizers are predicted to drive market growth in forthcoming years. 

The global Organic Fertilizer Market Size was valued at USD 9.58 billion in 2023 and is projected to expand significantly in the coming years. The market is expected to grow from USD 10.61 billion in 2024 to USD 23.98 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 10.73% during the forecast period (2024–2032). This growth is driven by increasing consumer preference for food produced without synthetic fertilizers and pesticides, aligning with the rising demand for organic agricultural practices.

Market Drivers

• Rising Demand for Organic Food: Consumers are increasingly seeking chemical-free food, fueling the adoption of organic fertilizers.
• Government Initiatives and Subsidies: Many governments worldwide are promoting sustainable agricultural practices, offering incentives for organic fertilizer usage.
• Environmental Benefits: Organic fertilizers improve soil health, enhance biodiversity, and reduce the adverse impact of chemical fertilizers on ecosystems.
• Growing Awareness About Soil Degradation: Farmers are shifting toward organic fertilizers to restore soil fertility and improve crop productivity.

Browse Report - Explore the report's contents, sections, and key insights by browsing through its detailed information.

Key Market Dynamics

• Market Growth Factors: Increasing population, demand for sustainable farming, and stringent regulations on synthetic fertilizers.
• Challenges: High production costs, limited availability of raw materials, and lower nutrient content compared to synthetic fertilizers.
• Emerging Trends: Innovations in biofertilizers, customized organic fertilizer blends, and increased adoption of organic farming techniques globally.

Key Market Opportunities

• Technological Advancements: Development of bio-based fertilizers with enhanced nutrient profiles.
• Expansion in Emerging Markets: Growing adoption in developing regions such as Asia-Pacific and Latin America.
• Partnerships and Acquisitions: Companies are engaging in collaborations to enhance product portfolios and market reach.

Market Segmentation

1. By Source:
• Plant-Based Organic Fertilizers: Derived from compost, green manure, and seaweed.
• Animal-Based Organic Fertilizers: Includes manure, bone meal, and fish emulsion.
• Mineral-Based Organic Fertilizers: Consists of naturally occurring minerals like rock phosphate.
2. By Form:
• Dry Organic Fertilizers: Easy to store and apply, widely used in farming.
• Liquid Organic Fertilizers: Fast-acting and convenient for foliar application.
3. By Application:
• Cereals & Grains: Major consumer segment, driven by demand for organic wheat, rice, and corn.
• Fruits & Vegetables: Rising health consciousness boosts organic fruit and vegetable farming.
• Others: Includes pulses, oilseeds, and ornamental plants.

Segment Insights

• Animal-based organic fertilizers insights dominate the market due to their rich nutrient composition.
• Liquid fertilizers are gaining traction for their quick absorption and ease of use.
• Cereals & grains remain the largest application segment, with increasing organic farming trends.

Key Players in the Market

• Tata Chemicals Ltd.
• Biostar Renewables
• Fertoz Ltd.
• Italpollina S.p.A.
• Coromandel International Limited
• ScottsMiracle-Gro
• True Organic Products
• Nature Safe
• Agrinos
• Suståne Natural Fertilizer, Inc.

Recent Developments

• Investment in R&D: Organic fertilizers market growth of companies are focusing on improving nutrient efficiency and sustainable production methods.
• Mergers & Acquisitions: Major industry players are acquiring smaller firms to strengthen their market presence.
• Expansion Strategies: Companies are increasing production facilities in high-demand regions such as Asia-Pacific and North America.

Research Methodology

• Primary Research: Interviews with industry experts, farmers, and key stakeholders.
• Secondary Research: Analysis of company reports, market trends, and regulatory policies.
• Market Forecasting: Utilization of historical data, growth factors, and statistical modeling.

Regions Covered

• North America: Strong demand for organic food and favorable government policies.
• Europe: High awareness and strict regulations on chemical fertilizers.
• Asia-Pacific: Rapid adoption of organic farming in countries like India and China.
• Latin America: Growing agricultural sector and increasing organic certification.
• Middle East & Africa: Emerging interest in sustainable farming practices.

The organic fertilizer market is poised for substantial growth, fueled by rising awareness about sustainable agriculture, government initiatives, and increasing consumer demand for organic food. Industry players are focusing on innovation and expansion to capitalize on the growing market potential.

Discover more Research Reports in Agriculture Industry, by Market Research Future:

Plastic Drum Market Research Report By Capacity (Less than 50 liters, 50-200 liters, 201-500 liters, 501-1000 liters, Over 1000 liters), By Type (Open-head Drums, Tighthead Drums), By Material (High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), Polypropylene (PP), Polyethylene Terephthalate (PET), Other Plastics), By Market Application (Industrial Chemicals, Lubricants and Oils, Food and Beverages, Pharmaceuticals, Other Applications) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa

Pole Saw Tree Trimmer Market Research Report By Product Type (Electric Pole Saws, Gas-Powered Pole Saws, Battery-Powered Pole Saws, Manual Pole Saws), By Application (Residential, Commercial, Industrial, Professional), By Distribution Channel (Online, Offline (Home Improvement Stores, Hardware Stores), Direct Sales, Rental), By Blade Material (Steel, Alloy Steel, Carbide, Ceramic) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2034.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com