Phosphate Rich Organic Manure (PROM) Market Report 2026: Business Expansion, Key Development Drivers and Trends Through 2031

The global Phosphate Rich Organic Manure (PROM) market is witnessing significant growth, driven by rising demand for organic fertilizers and increasing government initiatives promoting sustainable agriculture.

According to a recent report published by Allied Market Research, titled "Phosphate Rich Organic Manure (PROM) Market by Source: Global Opportunity Analysis and Industry Forecast, 2022-2031", the market was valued at $2.8 billion in 2021 and is projected to reach $5.7 billion by 2031, registering a CAGR of 6.5% from 2022 to 2031.

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Key Growth Drivers

- Rising demand for organic fertilizers
- Strong government support for sustainable and organic farming
- Growing awareness of soil health and environmental protection

Market Restraint:

- Limited consumer awareness in developing regions
- Emerging Opportunities
- New product innovations
- Increasing production of PROM using vermicompost

Segment Insights:

By Source:

- Potassium Humate emerged as the dominant segment in 2021, accounting for more than two-fifths of the global market. Growth is attributed to its increasing adoption in sustainable agricultural practices and concerns regarding soil degradation and environmental impact.

- Organic Manure is expected to witness the fastest growth, registering a CAGR of 9.1% during the forecast period, driven by the rising demand for organic food and heightened environmental awareness.

Regional Analysis:

Asia-Pacific dominated the global market in 2021, accounting for more than half of the total share. The region is also expected to grow at the highest CAGR of 7.4% through 2031, supported by:

- Rising population
- Expanding organic farming acreage
- Increased food demand
- North America is projected to grow at a CAGR of 5.1% during the forecast period.

Key Market Players

- Agri India Biotech
- Hindustan BEC Tech India Pvt. Ltd.
- Biogen Fertilizer India Private Ltd.
- Komeco B.V.
- Jaipur Bio Fertilizers
- Narmada Bio-chem Ltd. (NBCL)
- Midwestern BioAG
- Nextnode BioScience Pvt. Ltd.
- NatureSafe
- Ujjawal Biotech & Organics Pvt. Ltd.

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