Current and Future Analysis of Organic Fertilizers Market With New Business Strategies and Forecast by 2032

The global organic fertilizers market, as per the report by Allied Market Research, reached a valuation of $9.6 billion in 2022 and is forecasted to grow to $17.5 billion by 2032, with a Compound Annual Growth Rate (CAGR) of 6.1% from 2023 to 2032. Organic fertilizers, derived from natural sources such as plants, animals, or minerals, are essential for enriching soil nutrients, enhancing plant growth, and improving soil fertility in a sustainable manner.

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The market growth is primarily driven by the agricultural sector's increasing focus on productivity enhancement and its significant contribution to the economy. However, challenges posed by climatic variations hinder market expansion to some extent. Nonetheless, the rising demand for organic fertilizers presents lucrative opportunities for market growth in the foreseeable future.

The report segments the market based on source, crop type, nutrient content, form, and region. Among these, the animal segment is expected to maintain dominance throughout the forecast period, owing to the vital role of animal organic fertilizers in enhancing crop performance and nutrient management. Conversely, the mineral segment is anticipated to exhibit the fastest CAGR, attributed to the production of mineral fertilizers from naturally occurring nutrient deposits or atmospheric nitrogen fixation.

In terms of crop type, cereals and grains held the highest market share in 2022 and are projected to maintain their lead position, driven by the substantial consumption of these crops and the necessity for large-scale production to meet demand. However, the fruits and vegetables segment is expected to witness the fastest CAGR due to increasing consumer focus on health and wellness, leading to higher demand for fresh produce.

Regarding nutrient content, organic fertilizers with an organic substance content ranging from 20% to 40% held the highest market share in 2022 and are expected to continue dominating the market by 2032. Additionally, the segment with organic substance content up to 60% is anticipated to exhibit the fastest CAGR during the forecast period, attributed to its efficacy in overcoming soil mineral deficiencies and optimizing crop production.

Regionally, the Asia-Pacific region accounted for the highest market share in 2022 and is poised to maintain its dominance by 2032, supported by the growth of fertilizer industries, increasing food demand due to population expansion, adoption of advanced farming techniques, and government initiatives to boost agricultural output.

The report also profiles key players in the global organic fertilizers market, including Tata Chemicals Limited, The Scotts Miracle-Gro Company, KRIBHCO, Hello Nature International, Sustane Natural Fertilizer Inc., True Organic Products Inc., California Organic Fertilizers Inc., BioSTAR Renewables, ILSA S.p.A, and Coromandel International Limited. These players have implemented various strategies such as product launches, collaborations, expansions, and agreements to enhance their market presence and sustain competitiveness.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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