According to the recent study the Organic Fertilizer Market is projected to reach an estimated $15 billion by 2028 at a CAGR of 5.8% from 2023 to 2028. Growth in this market is primarily driven by increasing consumption of organic food, favorable government regulations, and ease in availability of organic waste.
Browse 103 figures/charts
and 108 tables in this 195-page report to understand trends, opportunities and
forecast in organic fertilizer market by source (plant, animal, and mineral),
crop type (cereals and grains, oilseeds and pulses, fruits and vegetables, and
others), form (dry and liquid), application (farming and gardening), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
“Cereals and grains market
is expected to remain the largest segment during the forecast period.”
Based on crop type, the
organic fertilizer market is segmented into cereals and grains, oilseeds and
pulses, fruits and vegetables, and others. Lucintel forecasts that the cereals
and grains market is expected to remain the largest segment due to increasing
demand of organic grains across the globe.
“Within the organic fertilizer market, the animal segment is
expected to remain the largest source.”
Based on source the
animal segment is expected to witness the highest growth over the forecast
period due to increasing usage of bone meal, blood meal, animal manure, and
fish meal due to their growth nutrients, is a significant growth attribute for
the market.
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Organic Fertilizer Market.
“Europe will dominate the organic fertilizer market in near
future.”
Europe will remain the
largest market over the forecast period due to development in the field of
organic farming and increasing demand for organic food products in the region.
Major players of organic
fertilizer market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Scotts Miracle-Gro,
Tata Chemicals, Coromandel, National Fertilizers, Nature Safe, Hello Nature,
Krishak Bharati, Southern Petrochemical Industries, Perfect Blend, Midwestern
BioAg, ILSA, SusGlobal Energy are among the major organic fertilizer providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
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Contact:
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Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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