Organic Fertilizers Market Growing at a CAGR of 10.6% During forecast period 2020-2027

Organic Fertilizers Market was valued atUS$ 6,181.99million in 2018 and is projected to reach US$ 15,168.62million by 2027; it is expected to grow at a CAGR of 10.6% during 2019–2027.

Organic fertilizers’s main function is to offer nutrients in organic forms that arederived from organic materials of plant or animal origin. The organic fertilizers provide sustainable agricultural benefits to farmers, growers, consumers, and protects the environment at large. These fertilizers are free from harmful chemicals that can cause water pollution, air pollution, acidification of soil, and chemical burns to crops.

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Top Key Players:- AgroCare Canada, Inc; Biostar Renewables, LLC; Coromandel International Limited; Italpollina S.p.A; Midwestern BioAg; Perfect Blend, LLC; Sustane Natural Fertilizer, Inc; National Fertilizers Limited;Krishak Bharati Cooperative Limited; and The Scotts Miracle-Gro Company

Organic fertilizers are producedfrom natural sources such as animal matter, manure, vegetable matter, and human excreta. It is a vital element that promotes the growth of micro-organisms present in the soil. The nutritional content of the organic fertilizer depends upon its composition. Organic fertilizers are easy to use and are also food safe compared to synthetic fertilizers. Synthetic fertilizers can cause harm to the environment as well as to the living creatures, due to which the companies have developed organic fertilizers to reduce the damage.

The report segments the global organic fertilizersmarket as follows:

By Source
• Plant
• Animal
• Mineral

By Crop Type
• Cereals and Grains
• Oilseed and Pulses
• Fruits and Vegetables
• Others

By Form
• Dry
• Liquid

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The COVID-19 outbreak was first reported in Wuhan (China) in December 2019, and since then, it has spread at a fast pace globally. Lockdowns, travel bans, and business shutdown measuresimplemented to the spread of infection have led to the limitations on the supplies of chemical and materials products. This represents a significant loss for organic fertilizers manufacturers.

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This release was published on openPR.