Report Format: PDF
Published Date: Dec-2017 | 121 Pages | Report ID: ARS00149
Global Organic Fertilizers Market Size was estimated at USD 5.97 million in 2017 and is anticipated to witness a steep rise by generating an estimated revenue of US$ XX.XX over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 8.12% during the forecast period, i.e. 2017-2025.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
Organic fertilizers are primarily derived from the animal waste, and remaining vegetable matter. These fertilizers include the animal meat, wastes, manure, slurry, and guano. Chicken droppings are also considered as an organic fertilizer, additionally cow manure from a conventional farm that uses commercial fertilizers and pesticides would not be considered organic.
Market Dynamics
Organic fertilizers market was valued at USD 5.97 million in 2017 and is expected to grow at a faster pace during the forecast period. The organic fertilizers market is primarily driven by increasing awareness for the use of organic fertilizers and reducing the use of chemical fertilizers. The use of these fertilizers reduce the chances of diseases in human beings as most of the fertilizers reach to human food from one way. The government of many nations have laid down subsidies in favor of the price of organic fertilizers such as the government of India under National Project on Organic Farming (NPFO) has agreed to provide financial assistance for setting up organic fertilizer manufacturing unit, and favorable observation from the farmers as well as government support such as price subsidies for using organic fertilizers as well as for setting up of organic fertilizer manufacturing unit to boost the market growth in the coming years.
However, the changing climatic conditions, and resistant market penetration of this fertilizers as compared to the chemical fertilizers would impede the market growth during the forecast period. Similarly, lower presence of nutrient in organic fertilizers as compared to chemical fertilizers can further hamper the market growth.
Segment Analysis
Based on the source type, the organic fertilizers market is segmented plant, animal and mineral. The animal segment is further segmented as manures, slurry, and guano. Animal source for the producing organic fertilizer is considered as the fastest growing segment in the coming years.
Based on type of fertilizers, the market is segmented as dry and liquid. Dry fertilizers to be the dominating segment in the coming years due to increasing production of the manures and supporting government regulations for the manufacturing of these fertilizers.
On the basis of crop type, the market is segmented Oilseeds and Pulses, Fruits and Vegetables, Flowers, Cereals and Grains and Others. Cereals & grains segment to be the dominating segment in the market, and to grow at a comparative faster rate than other segments.
Regional Analysis
Asia Pacific to hold the prime market share in this industry and the fastest growing market, owning to the rising adoption of the organic fertilizers. Increase in per capita income leads to high demand for organic food, which also drives the market for organic fertilizers in this region. The major crops produced in these countries include fruits & vegetables, cereals, and grains. The key countries that play an important role in agriculture include India, China, and Australia. Cotton, sugarcane, fruits & vegetables, and cereals are the leading agricultural commodities exported from these countries.
Global Organic Fertilizers Market Size, Share Analysis By Region 2017
Organic Fertilizers Market: Secondary Research
To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.
Organic Fertilizers Market: Primary Research
For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in organic fertilizers market are included as primary sources of the supply side.
After performing comprehensive engineering of organic fertilizers market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.
Key Players
Major players operating in global organic fertilizers market include Tata Chemicals Limited, The Scotts Miracle-Gro Company, Coromandel International Limited, National Fertilizers Limited , Krishak Bharati Cooperative Limited, ILSA S.P.A, Italpollina SPA, Fertikal N.V., Uniflor Poland Ltd, Protan AG, Plantin SARL, Novozymes A/S., AGRIBIOS ITALIANA S.r.l., Viano, and E.B.F. EURO BIO FERT S.r.l.
Global Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.
The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
Save Your Time
Cost-Effective Services
Wide Range of Reports
World Class Market Research
100% Customer Satisfaction
24/7 Customer care Support
Get in touch with us quickly and easily. We are happy to help!
Feel free to contact us anytime using our contact form.
Let's Talk Online