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Organic Fertilizers Market worth $25.62 billion by 2030, growing at a CAGR of 10.71% - Exclusive Report by 360iResearch
Organic Fertilizers Market | 360iResearch
The Global Organic Fertilizers Market to grow from USD 12.56 billion in 2023 to USD 25.62 billion by 2030, at a CAGR of 10.71%.
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Organic fertilizers are fertilizers derived from natural sources, including plants, animals, or minerals, that are used to improve soil fertility. Organic fertilizers release nutrients slowly as they break down, providing a consistent and long-term supply of essential elements that plants need for growth. Organic fertilizers are utilized in fields growing food crops, lawns and gardens, and controlled environments such as greenhouses. The demand for organic fertilizers is influenced by rising awareness of sustainable farming practices, governmental support for organic agriculture, and the increasing demand for organic food. Additionally, factors such as soil degradation due to the excessive usage of chemical fertilizers and the environmental concerns associated with synthetic fertilizers propel the usage of organic fertilizers. However, the lower nutrient content compared to synthetic fertilizers results in a need for larger product quantities, which can be inconvenient and cost-intensive. Also, the slow release of nutrients affects the immediate availability of plants, and the variation in the quality of organic fertilizers poses a challenge for consistent results. Nevertheless, the ongoing advancements in production technology, processes, and innovations such as fortified organic fertilizers are expected to create growth opportunities for the organic fertilizers market in the coming years.
The Americas demonstrate a mature organic agriculture sector with strong consumer demand for organic products. The organic fertilizer market here is driven by stringent environmental regulations, consumer health consciousness, and an established organic retail presence. Farmers in the American region are adopting organic fertilizers to cater to the growing demand for organic produce in domestic and export markets. Furthermore, patent filings in the region reveal advancements in organic fertilizer compositions and application equipment. Investment trends show venture capital flowing into agri-tech startups focusing on organic input optimization. Countries within the EMEA showcase varying degrees of organic fertilizer consumption and customer behavior shaped by economic, cultural, and policy factors. The EU has a robust legislative framework supporting organic farming, exemplified by the Common Agricultural Policy (CAP). The organic market is well-established, with sophisticated consumer demand for sustainability and traceability, influencing organic fertilizer consumption patterns. On the other hand, the Middle Eastern market is growing as countries invest in sustainable agriculture technologies to overcome the challenges of arid climates. Investments and initiatives in the region generally aim to improve agricultural productivity while preserving ecological balance, with a notable increase in funding for sustainable agriculture projects in African nations. The Asia Pacific region is witnessing growth in organic fertilizer demand due to escalating organic farming practices. Consumer needs in this region revolve around sustainable agricultural practices due to rising environmental concerns and government initiatives supporting organic farming. Research initiatives are often backed by collaboration between agricultural universities and government bodies to enhance organic farming methods and inputs.
Market Segmentation & Coverage:
This research report categorizes the Organic Fertilizers Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Source, market is studied across Animal-based, Mineral-based, and Plant-based. The Plant-based commanded largest market share of 42.91% in 2023, followed by Animal-based.
Based on Crop Type, market is studied across Cereals & Grains, Fruits & Vegetables, and Oilseeds & Pulses. The Fruits & Vegetables commanded largest market share of 35.10% in 2023, followed by Oilseeds & Pulses.
Based on Form, market is studied across Dry and Liquid. The Dry commanded largest market share of 87.10% in 2023, followed by Liquid.
Based on Application, market is studied across Seed Treatment and Soil Treatment. The Soil Treatment commanded largest market share of 84.43% in 2023, followed by Seed Treatment.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.06% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Organic Fertilizers Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Organic Fertilizers Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Organic Fertilizers Market, highlighting leading vendors and their innovative profiles. These include ADAMA Ltd., AgroCare Canada, Inc., Alpha Bio Products, Baconco Co., Ltd., BASF SE, Bayer AG, Biostar Renewables, LLC, Coromandel International Ltd., Corteva, Inc., Darling Ingredients Inc., Fertikal NV, ILSA S.p.A., Krishak Bharati Cooperative Limited, KWS SAAT SE & Co. KGaA, Midwestern BioAg, Mitsui & Co., Ltd., National Fertilizers Limited, Nufarm Ltd., Perfect Blend, LLC, Performance Plants Inc., Pro Farm Group Inc., Sustane Natural Fertilizer, Inc., Tata Chemicals Limited, Thai Central Chemical Public Company Limited, The Scotts Miracle-Gro Company, Uniflor LLC, and Valent BioSciences LLC.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Organic Fertilizers Market, by Source
7. Organic Fertilizers Market, by Crop Type
8. Organic Fertilizers Market, by Form
9. Organic Fertilizers Market, by Application
10. Americas Organic Fertilizers Market
11. Asia-Pacific Organic Fertilizers Market
12. Europe, Middle East & Africa Organic Fertilizers Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Organic Fertilizers Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Organic Fertilizers Market?
3. What is the competitive strategic window for opportunities in the Organic Fertilizers Market?
4. What are the technology trends and regulatory frameworks in the Organic Fertilizers Market?
5. What is the market share of the leading vendors in the Organic Fertilizers Market?
6. What modes and strategic moves are considered suitable for entering the Organic Fertilizers Market?
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