The global organic fertilizers market is expected to grow at a CAGR of 9.1% from 2018 to reach USD 4,606.7 million by 2023. The factors such as increasing demand for organic food and growing awareness about the environmental safety with the use of organic fertilizers are driving the growth of this market. Moreover, huge organic waste availability and advances in organic fertilizers’ manufacturing process further supports the growth of this market. However, high demand for inorganic (synthetic) fertilizers and challenges to new entrants and small companies hinders the growth of this market to some extent.
Based on the source, animal-based organic fertilizers market commanded the largest share of the global organic fertilizers market in 2017 owing to factors such as high nutrition value, quick action and response, low quantity requirement, and easy and huge availability of animal waste; this market is also expected to grow at the fastest CAGR during the forecast period.
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An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. North American region is expected to witness a fastest growth during the forecast period, mainly due to vast growth of organic sector because of increasing health awareness among the consumers; growing population and rising demand for organic products; and continuously rising area under the organic cultivation. Also, government and other various associations promote the organic agriculture and allied sectors which further drive the growth of organic fertilizers market in the region.
The major players operating in the global organic fertilizers market are Italpollina S.p.A. (Italy), Tata Chemicals Ltd. (India), Multiplex Group (India), Coromandel International Limited (India), Midwestern BioAg (U.S.), Perfect Blend, LLC (U.S.), ILSA S.p.A. (Italy), ScottsMiracle-Gro Company (U.S.), National Fertilizers Limited (India), SPIC Ltd (India), Sigma AgriScience, LLC (U.SAG Global (Canada), California Organic Fertilizers, Inc. (U.S.), Biolchim S.p.A. (Italy), and Camson Bio Technologies Limited (India).
Scope of the Report:
Market by Type
Market by Form
Market by Application
- Foliar Application
Market by Crop Type
- Cereals and Grains
- Fruits & Vegetables
- Oilseeds and Pulses
- Turf & Ornaments
Market by Geography
Rest of Europe (RoE)
Rest of APAC (RoAPAC)
Rest of World
Rest of Latin America (RoLATAM)
Middle East and Africa
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