Press release
Organo-Mineral Fertilizers Market Size, Share & Trends - 2024-2031 - Yara International ASA, ICL Group & COMPO EXPERT GmbH.
Organo-Mineral Fertilizers Market || 2024-2031
Organo-mineral fertilizers are a type of fertilizer that combines organic materials, such as compost, manure, or plant residues, with mineral nutrients like nitrogen, phosphorus, and potassium. This blend offers the benefits of both organic and inorganic fertilizers, enhancing soil fertility by improving its structure, water retention, and microbial activity while providing essential nutrients for plant growth. These fertilizers are designed to support sustainable agriculture by reducing environmental impact and promoting long-term soil health.
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Market Dynamics:
The Food and Agriculture Organization (FAO) reported that global agricultural land spanned approximately 47,812,049 million square kilometers in 2021. The growth in the agricultural sector worldwide drives the demand for fertilizers that provide essential nutritional support and enhance crop growth. In 2021, global fertilizer consumption reached 139.8 kilograms per hectare of arable land, with 91.1% of total fertilizer production utilized. While synthetic fertilizers are widely used, their overuse can lead to soil degradation and environmental pollution. Organo-mineral fertilizers offer a sustainable alternative by combining organic matter with readily available mineral nutrients. This blend improves nutrient uptake by plants, potentially leading to higher yields and better-quality crops.
Market Segmentation:
By Ingredients: Organic Material Source, Mineral Source.
By Type: Solid Fertilizers, Liquid Fertilizers.
By Crop: Grains and Cereals, Fruits and Vegetables, Cash Crops, Landscape and Gardening.
By Nutrient Content: NPK Fertilizers, Single-Nutrient Fertilizers.
By Packaging: Cartons, Bags, Can/bottle, Others.
By Distribution Channel: Fertilizer Stores, Online Retail, Others.
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Major Key Players:
• Yara International ASA
• ICL Group
• COMPO EXPERT GmbH
• Hello Nature International Srl
• Químicas Meristem, S.L.
• ILSA S.p.A.
• Unisalver Organomineral Liquid Fertilizer Products
• SEIPASA, S.A.
• Anorel NV.
• Harmony Ecotech Pvt. Ltd
Regional Analysis:
The global Organo-Mineral Fertilizers Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Organo-Mineral Fertilizers Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Key Developments:
In June 2022, Nika PetroTech, affiliated with the Ural Interregional Research and Education Center, introduced new organo-mineral fertilizers. These innovative fertilizers offer greater effectiveness compared to traditional organic fertilizers while being safer than conventional mineral fertilizers.
Related Reports:
Fertilizer Mixtures Market: https://datamintelligence.com/research-report/fertilizer-mixtures-market
Foliar Fertilizer Market: https://datamintelligence.com/research-report/foliar-fertilizer-market
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