Press release
Organic Fertilizer Market in Saudi Arabia Poised for Rapid Expansion with Strong Government Support
According to the latest market research study published by P&S Intelligence, the organic fertilizer market in Saudi Arabia is poised for robust growth, with the market projected to expand from USD 233.2 million in 2024 to USD 455.6 million by 2030, growing at a compound annual growth rate (CAGR) of 11.8%. This growth is driven by a combination of factors, including a rising demand for organic farming, greater awareness of the environmental and health benefits of organic fertilizers, and a supportive regulatory environment.Market Expansion and Drivers
The Saudi Arabian organic fertilizer market is seeing strong demand due to an increase in the number of organic farms across the country. This is supported by government initiatives focused on sustainable agriculture and food security, which encourage the adoption of organic farming practices. Organic fertilizers are perceived as environmentally friendly and safer alternatives to chemical fertilizers, contributing to their growing popularity.
Discover key insights with a comprehensive analysis: https://www.psmarketresearch.com/market-analysis/saudi-arabia-organic-fertilizer-market
Additionally, the increasing consumer preference for organic products such as fruits, vegetables, and grains is propelling the market forward.
Technological advancements in the production of organic fertilizers, including innovations in microbial inoculants, composting, and biofertilizers, have also contributed to the market's expansion. These developments have made organic fertilizers more cost-effective and efficient. However, challenges such as high production costs and logistical constraints in remote areas remain.
Key Market Insights
Source Segmentation: In 2024, animal-based fertilizers are expected to dominate the market, holding a 55% share. This category will continue to grow due to the abundance of raw materials derived from animal sources. Plant-based fertilizers, however, are expected to emerge as the fastest-growing segment during the forecast period, driven by increasing environmental awareness and stricter governmental regulations.
Form Segmentation: Liquid organic fertilizers are forecast to capture 65% of the market share in 2024, owing to their ease of use and the ability to combine them with other essential products. The liquid category is also expected to experience the highest growth rate, with a projected CAGR of 12.2% from 2024 to 2030.
Crop Type Segmentation: Cereals and grains are expected to dominate the market, as they are the most widely cultivated crops in Saudi Arabia. However, the fastest growth in demand for organic fertilizers will come from fruits and vegetables, reflecting the increasing consumer demand for these products.
Application Segmentation: Broadcasting, the application of fertilizers across fields using sprayers and other machinery, will hold the largest market share in 2024. However, the fastest-growing application method will be foliar application, which involves applying fertilizers directly to plant leaves for rapid absorption.
Download a Complimentary Sample Report: https://www.psmarketresearch.com/market-analysis/saudi-arabia-organic-fertilizer-market/report-sample
Regional Insights: Al-Jouf province is expected to lead the market with a 35% share in 2024, due to its fertile soil and extensive agricultural activity. The province is a key producer of wheat and alfalfa, both of which are essential crops in Saudi Arabia's agricultural landscape. Additionally, Al-Riyadh province is anticipated to see the fastest growth, driven by increasing adoption of organic farming practices.
Government Support and Future Prospects
Government efforts to promote sustainable agriculture through subsidies and incentives for organic inputs are expected to continue driving market growth. Moreover, Saudi Arabia's ongoing economic diversification initiatives are positioning the country to expand its organic fertilizer production and export capabilities, which could present new growth opportunities for local manufacturers.
With a growing interest in sustainable farming, organic fertilizers are becoming an essential part of the agricultural landscape in Saudi Arabia. The market's future growth will depend on continued technological advancements, government support, and the ongoing shift toward organic farming practices.
About P&S Intelligence
P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.
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