Organic Fertilizers Market to Increase Production Capacity of the Land

Organic fertilizers are derived from animal matter, animal excreta, human excreta, and vegetable matter. There fertilizers provide nutrients for plant growth after applying to the soil. Rapid development of organic agriculture and increasing demand for organic food globally drives the growth of the organic fertilizer market The global market for organic fertilizer has witnessed positive growth in the recent past owing to the government support and the increasing awareness amongst the farmers about the harmful effects of chemical fertilizers. Owing to the environmentally friendly nature of organic fertilizers, governments in many countries have subsidized the prices, making it easier for farmers to use it.

However, the non-conventional fertilizer industry is relatively immature in the United States. Apart from the use of animal manure and compost, alternative natural and organic fertilizers have been mostly manufactured on a relatively small scale from the local specialized waste streams.

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The organic fertilizers market analysis is segmented by source type, crop type, form type and geography.In the source type segment, the market is segmented plant, animal and mineral.In the crop type segment the market is segmented into cereals, legumes, fruits and vegetables, plantations and others.Further, the market is segmented by form type;which includes dry and liquid..By geography, the Organic Fertilizers market is segmented into. North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

The increasing need for food security , higher quality & safe organic foods and the change in farming practices are the major drivers of the Asia-Pacific organic fertilizers market. According to the Organic Trade Association, approximately around 82% of US households purchase organic food. The sales value of certified organic products sold by farms has increased from USD 5.5 billion in 2014 to USD 7.55 billion in 2016. With consumers are willing to pay more as they prefer less chemically-laden fruits and vegetables. Around 44% of consumers in the United States can pay an additional 20% for organic fresh vegetables. The demand for organic food has led to the increase in use of organic fertilizers.

Some of the companies in the Organic Fertilizers market are Tata Chemicals Limited, The Scotts Miracle-Gro Company, Coromandel International Limited, National Fertilizers Limited, Krishak Bharati Cooperative Limited, Midwestern Bioag, Sustane Natural Fertilizer, Inc, Perfect Blend, LLC, Agrocare Canada, Inc, among others. The major companies operating in the global organic fertilizers market will eventually grab the opportunity presented by the new technology to further enhance their product offerings.

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