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Organic Fertilizers Market: Size and Forecasts, 2021 – 2027

release time:2021-10-19


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Organic Fertilizer Market is valued at USD 6734.5 Million in 8443.8 Million in 2020 and is expected to reach USD 15740.9 Million in 2027 with CAGR of 7.92% over the forecast period. 

 

Market Analysis of Organic Fertilizer-

An organic fertilizer is a plant fertilizer that is consequent from organic sources. Based upon form, organic fertilizer market is classified into dry and liquid. Based upon source, organic fertilizer market is classified into plant based and animal based. Organic fertilizers vary from organic compost to manure, however they have to be derived from all-organic sources. The use of these nonconventional fertilizers may result in an increased relative economic benefit with respect to the use of conventional fertilizers, in terms of saving fertilizer cost, enhancing nutrient efficiency, or increasing crop yield. Organic farming has potential to provide advantages in terms of environmental protection, conservation of non-renewable resources, improved food quality, reduction in output of extra product and reorientation of agriculture towards the change in market demand. In addition to releasing nutrients, as organic fertilizers break down, they improve the structure of the soil and increase its ability to hold water and nutrients. Organic residues have the advantage over standard NPK fertilizers of adding other nutrients such as Ca, Mg, and micronutrients. They also assist in maintaining soil organic matter. The growth will be driven by increased production of biofuels, food and nutrition security, environmental concerns and organic production.


Organic Fertilizer Market Key Players

Prominent players in the global organic fertilizer market include Tata Chemicals Limited, The Scotts Miracle-Gro Company, Coromandel International Limited, National Fertilizers Limited, KrishakBharati Cooperative Limited, Midwestern Bioag, Talpollina SPA, Ilsa S.P.A, Perfect Blend, LLC, Sustane Natural Fertilizer, Inc., Biostar Systems, LLC., Agrocare Canada, Inc., Nature Safe and  Others.


Asia-Pacific is Expected to Witness the Fastest Growth in the Global Organic Fertilizer Market

Asia-pacific is expected to witness the fastest growth in the global organic fertilizers owing to the fact, that the fertilizers for fruits, vegetables, and tea are accounting for about 40% of total fertilizer use in China at the present time, the efforts of China’s government will lead to a total replacement of chemical fertilizers by 20% until 2020. After the demonstration period in 2020, China wants to expand the replacement of chemical fertilizers to the whole country. This would leave to a massive decreasing usage of chemical fertilizers in China. After all, China used 60.32 million tonnes of fertilizers in 2015. China is producing an annual amount of 16 million tonnes of organic fertilizer, only 5 % are effective nutrient. In addition, increasing disposable income and growing awareness regarding the benefits of organic food are also supplementing the market growth in this region.


Some of the Major Trends in the Global Organic Fertilizers Market are as follows:

All-Purpose Granular: It is a kind of organic fertilizer which includes beneficial bacteria, fungi, and other microorganisms to boost the long-term health of soil. It is used for flowers, shrubs vegetables and trees. It is not for indoor plants because its smell can linger indoors for more than a week, so it is best for outdoor use only. It is ideal for a wide range of crops.


Harvest Fish & Seaweed Fertilizer: This kind of fertilizer provides complete nutrition for many plants. It increases natural sugars in fruits and vegetables. It provides stronger color and more vigor in flowering ornamentals and foliage. It also encourages plentiful, longer-lasting blooms. It is also best to foliar feed early or late in the day. Currently, many gardeners prefer for this fertilizer because it is very easy to use, mainly for all-purpose use.


Pellet Organic Fertilizer: It is made up from Iron and Sulphur. It is categorized by high iron content and for the quality of the organic component, which guarantees a gradual release of organic Nitrogen, Iron, and Sulphur, increasing their availability for plants. It allows a continuous release of nutrients during vegetative development when the photosynthetic process. It is generally used in winter crop like citrus, kiwi, olive trees, wine grape and table grape and, for all tree and vegetable crops, cultivated both in open fields or greenhouses.


Protein Fertilizer: It is used to increases the microbiological fertility of the soil. It can be applied to all kinds of crops at the vegetative restart or during post-harvest on trees. It contains 12.5% completely organic nitrogen and 40% organic carbon.


Seabird Guano Organic Fertilizer: This kind of organic fertilizer is highly valued in organic farming as a great source of Phosphorous and slow release Nitrogen for plants and soil, which is ideal for vegetative growth. It is used for in-ground and container plants. It is applied twice per year in spring and fall. It contains three major Ingredients such as Phosphate – 12%, Calcium – 7% and Sulfur – 1%.


Natural Organic and Mineral Materials: This type of organic fertilizer ensures dynamic nutrition through the presence of soluble elements directly assimilated and progressive by organic nitrogen of animal origin. The intake of organic material from animal meal improves soil structure by stimulating microbial life. It allows the release of soil reserves and a better transformation into humus. It is readily available and promotes good root development of crops. It is used for advanced and immediate nutrition of the plant. It contains high organic material content.


Foliar Fertilizer: It is an organic fertilizer product which is designed to be applied directly to the leaves of a plant. With foliar feeding, to the plants used to strengthens resistance and development. It is 100% natural and organic nutrition. It is very effective when soil problems occur that restrict nutrient availability such as iron availability in high pH soils. It is mainly used for improving soil deficiencies and overcoming the soil's inability to transfer nutrients to the plant under low moisture conditions.


Organic Magik Fertilizers: It contains phosphate solubilizing fungal bio-fertilizer which is isolated in the laboratory from different soil zones which helps plants to uptake nutrients, protect plant from pathogens & also help better recycling of nutrients by their interactions in the rhizosphere when applied to the soil. It helps to enhance natural decomposition process in soil. It is used to improve the yield both by quality and quantity. Organic Magik produces plant growth that promoting hormones which improve plant health. It also develops root proliferation, root mass and total biomass and stimulates growth of beneficial micro-organisms.


Biostimulant Fertilizer: It is produced with quality chemicals that promote the root growth of the crop. It is a mixture of NDO mycorrhiza, humic acid, phytocompound and growing substrate. It is used to improve uptake of Phosphorus & Zinc, nitrogen fixation and physic-chemical properties of soil.

Thus, these are some of the major trends in the global organic fertilizer market.

 

Source from: Global Organic Fertilizer Market Report



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