Organic Fertilizers Market Comprehensive Study 2019: Italpollina S.p.A, National Fertilizers Ltd., and Sustane Natural Fertilizer, Inc.

Organic fertilizers Market – Insights
𝐅𝐚𝐯𝐨𝐫𝐚𝐛𝐥𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐨𝐫𝐠𝐚𝐧𝐢𝐜 𝐚𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐩𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬 𝐚𝐥𝐥 𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝 𝐜𝐨𝐮𝐩𝐥𝐞𝐝 𝐰𝐢𝐭𝐡 𝐫𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬 𝐭𝐨 𝐩𝐫𝐨𝐦𝐨𝐭𝐞 𝐨𝐫𝐠𝐚𝐧𝐢𝐜 𝐟𝐚𝐫𝐦𝐢𝐧𝐠 𝐢𝐬 𝐛𝐨𝐥𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐠𝐥𝐨𝐛𝐚𝐥 𝐨𝐫𝐠𝐚𝐧𝐢𝐜 𝐟𝐞𝐫𝐭𝐢𝐥𝐢𝐳𝐞𝐫𝐬 𝐦𝐚𝐫𝐤𝐞𝐭.

According to Research Institute of Organic Agriculture (FiBL) report, in 2015, over 50.9 million hectares of land is occupied by organic agricultural activities. The regions with the largest areas of organic agricultural land are Oceania (22.8 million hectares, which is almost 45% of the world’s organic agricultural land) and Europe (12.7 million hectares, 25 %). The countries with the most organic agricultural land are Australia (22.7 million hectares), Argentina (3.1 million hectares), and the U.S (2 million hectares).

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𝑻𝒉𝒆 𝒎𝒂𝒋𝒐𝒓 𝒑𝒍𝒂𝒚𝒆𝒓𝒔 𝒐𝒑𝒆𝒓𝒂𝒕𝒊𝒏𝒈 𝒊𝒏 𝒕𝒉𝒆 𝒈𝒍𝒐𝒃𝒂𝒍 𝒐𝒓𝒈𝒂𝒏𝒊𝒄 𝒇𝒆𝒓𝒕𝒊𝒍𝒊𝒛𝒆𝒓𝒔 𝒎𝒂𝒓𝒌𝒆𝒕 𝒊𝒏𝒄𝒍𝒖𝒅𝒆 𝑻𝒂𝒕𝒂 𝑪𝒉𝒆𝒎𝒊𝒄𝒂𝒍𝒔 𝑳𝒕𝒅, 𝑴𝒊𝒅𝒘𝒆𝒔𝒕𝒆𝒓𝒏 𝑩𝒊𝒐𝑨𝒈, 𝑷𝒖𝒓𝒆𝒍𝒚 𝑶𝒓𝒈𝒂𝒏𝒊𝒄 𝑷𝒓𝒐𝒅𝒖𝒄𝒕𝒔, 𝑳𝑳𝑪, 𝑩𝒊𝒐𝑺𝑻𝑨𝑹 𝑶𝒓𝒈𝒂𝒏𝒊𝒄𝒔, 𝑴𝒖𝒍𝒕𝒊𝒑𝒍𝒆𝒙 𝑮𝒓𝒐𝒖𝒑, 𝑰𝒕𝒂𝒍𝒑𝒐𝒍𝒍𝒊𝒏𝒂 𝑺.𝒑.𝑨, 𝑵𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑭𝒆𝒓𝒕𝒊𝒍𝒊𝒛𝒆𝒓𝒔 𝑳𝒕𝒅., 𝒂𝒏𝒅 𝑺𝒖𝒔𝒕𝒂𝒏𝒆 𝑵𝒂𝒕𝒖𝒓𝒂𝒍 𝑭𝒆𝒓𝒕𝒊𝒍𝒊𝒛𝒆𝒓, 𝑰𝒏𝒄.

Increasing inclination of consumers towards organic food products is propelling demand for organic fertilizers in organic farming. According to reports published by the Food and Drug Administration of United States, 6 out of 10 people in U.S. believe that organic foods are better for their health. Also, according to the U.S Department of Agriculture, in 2016, around 4% of total food sales in the U.S. were accounted by organic products. The organic retail sales in Europe were accounted for US$ 30.85 billion in 2014, as estimated by The International Federation of Organic Agriculture Movements.

Therefore, favorable growth of organic food and beverage industry fuelled by increasing demand for organic food and beverage products provides an immense opportunity for organic fertilizers market growth. According to Research Institute of Organic Agriculture (FiBL) report, total organic product sales was US$ 43.3 billion by the end of 2015, up 11 percent from the 2014 record level and according to the Organic Trade Association the overall food market’s growth rate of 3%. Of the US$ 43.3 in total organic sales, US$ 39.7 were organic food sales.

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Among functionality, nitrogen fixing segment generated highest revenue in global organic fertilizers market in 2016. The segment is projected to lead the market over the forecast period due to increasing demand for organic fertilizers in order to improve productivity and sustainability of soil with the help of nitrogen fixation process.

Europe held largest market share in global organic fertilizers market in 2016 and the region is projected to maintain its dominance throughout the forecast period. In Europe, U.K., Germany Spain, Italy are the most lucrative markets for organic fertilizers. According to Research Institute of Organic Agriculture (FIBL), the total area under organic production in Europe increased from 0.1 million hectares in 1985 to 13 million hectares in 2015. This can be attributed to an increased demand for organic food and beverages in the region.

𝗔𝗰𝗰𝗼𝗿𝗱𝗶𝗻𝗴 𝘁𝗼 𝗖𝗼𝗵𝗲𝗿𝗲𝗻𝘁 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗼𝗿𝗴𝗮𝗻𝗶𝗰 𝗳𝗲𝗿𝘁𝗶𝗹𝗶𝘇𝗲𝗿𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝘄𝗮𝘀 𝘃𝗮𝗹𝘂𝗲𝗱 𝗮𝘁 𝗨𝗦$ 𝟲.𝟭𝟱 𝗕𝗻 𝗶𝗻 𝟮𝟬𝟭𝟲 𝗮𝗻𝗱 𝗶𝘀 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗿𝗲𝗮𝗰𝗵 𝗨𝗦$ 𝟭𝟮.𝟮𝟲 𝗕𝗻 𝗯𝘆 𝟮𝟬𝟮𝟱 𝗮𝘁 𝗮 𝗖𝗔𝗚𝗥 𝗼𝗳 𝟴.𝟮𝟳% 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱.

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