Organic Fertilizers Market Size By Dynamics Innovations Reshaping the Industry

Allied Market Research has published a comprehensive report titled, "Organic Fertilizers Market by Source (Plant, Animal, and Minerals), by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), by Form (Dry and Liquid), and by Nutrient Content (Presence of Organic Substance up to 60%, 40% to 60%, and 20% to 40%): Global Opportunity Analysis and Industry Forecast, 2023-2032."

According to the report, the global organic fertilizers market was valued at $9.6 billion in 2022 and is projected to reach $17.5 billion by 2032, growing at a CAGR of 6.1% from 2023 to 2032.

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What Are Organic Fertilizers?

Organic fertilizers are naturally derived substances used to enhance soil fertility and promote plant growth. They are typically made from plant residues, animal byproducts, or mineral sources. Unlike synthetic fertilizers, organic alternatives release nutrients gradually, improving soil structure, enhancing microbial activity, and minimizing environmental impact. Common types include compost, manure, bone meal, seaweed extracts, and fish emulsion key inputs for sustainable and organic farming practices.

Market Drivers, Opportunities, and Restraints:

Key Growth Drivers:

- Rising emphasis on enhancing agricultural productivity

- Agriculture's significant role in contributing to global economic development

Opportunities:

- Growing consumer demand for organic produce fuels the need for organic fertilizers

Restraints:

- Climatic uncertainties affecting farming operations may pose challenges to market growth

Segment Insights:

By Source:

- Animal-based organic fertilizers dominated the market in 2022, accounting for nearly half of total revenue, due to their adaptability to crop types, soil conditions, and enhanced nutrient management.

- Mineral-based fertilizers are projected to grow at the fastest CAGR of 6.5%, as they are derived from naturally occurring deposits and are effective in supplementing soil nutrition.

By Crop Type:

- Cereals & grains led the market in 2022, with nearly 60% market share, as demand for large-scale and healthy production continues to grow.

- Fruits & vegetables segment is expected to register the fastest growth at a CAGR of 6.5%, driven by rising health consciousness and preference for organic, locally-sourced produce.

By Nutrient Content:

- Fertilizers containing 20% to 40% organic substances held the largest share in 2022. These fertilizers-sourced from compost, fish meal, cottonseed, and manure-are essential for basic crop nutrition.

- The segment with up to 60% organic content is expected to grow the fastest (6.4% CAGR) due to its efficacy in overcoming soil deficiencies and promoting optimal crop yield.

Regional Analysis

- Asia-Pacific emerged as the largest and fastest-growing region in 2022, capturing nearly 60% of the global market.

The region's growth is fueled by:

- Rising population and food demand

- Advances in agricultural techniques

- Supportive government policies aimed at boosting organic agriculture

Key Players in the Industry

- 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

- Coromandel International Limited

These companies are actively engaging in strategies like product innovation, collaborations, geographic expansion, and joint ventures to strengthen their global footprint and address evolving market demands.

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