Global Organic NPK Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion 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 4.1% during the forecast period that is 2017-2025.

Global Organic NPK Market Size, Share Analysis By Region 2017

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global organic NPK market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global organic NPK market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Market Dynamics

Organic NPK are organic fertilizer which are easily assimilated and absorbed for the growth of plants by providing organic nitrogen, organic phosphorus, and organic potash. The organic NPK market is expected to grow due to the growing demand for highly efficient fertilizers, growing adoption of farming with precision, and enhancing crop protection through organic NPK fertilizers. Furthermore, the demand for organic NPK has increased to match the global food requirements with the agricultural output. Organic NPK provides assistance to maintain the efficiency of the water and nutrients lowers the application costs, which is coupled with the increase in crop yields and quality.

The increase in government initiatives and the increase in growth for organic agricultural practices across the world is expected to boost the organic NPK market during the forecast period. According to the Research Institute of Organic Agriculture (FiBL), in 2016, over 52.6 million hectares of land was occupied for the growth of organic agricultural practices. The  major areas occupied for the organic  agricultural  activities are Oceania  (22.8  million  hectares), Europe  (12.7  million  hectares) and among countries some of the major countries with lands for organic agriculture are Argentina (3.1 million hectares), the U.S (2 million hectares), and Australia  (22.7  million  hectares).

Organic NPK: The Change in Agro-field

The organic NPK market is expected to capture a high growth due to increase in consumer preference towards organic food products which are in turn expected to boost the usage of organic fertilizers farming. According to the Food and Drug Administration (FDA), 6 of 10 populous in the United States proclaim that organic foods are more nutritious and healthy for daily consumption. According to the U.S Department of Agriculture, in 2016, about 4.3% of the overall food sales in the United States were accounted to be organic products. According to the International Federation of Organic Agriculture Movements, in 2015, the sale of organic products in Europe was accounted for US$ 33.65 billion. Thus, the favourable demand for organic food and beverage products provides a huge opportunity for the growth of organic NPK market. According to the Research Institute of Organic Agriculture (FiBL), in 2015, overall sales of organic product was accounted for US$ 44.3 billion, which had a growth of 11% compared to 2014. According to the Organic Trade Association out of total organic sale of US$ 43.3 billion, total organic food sales was accounted to US$ 39.7 billion. Owing to these factors and the surge for organic food consumption, the global organic NPK market is expected to propel during the forecast period.

Regional Analysis

Europe is expected to dominate the organic NPK market in the accounted to period and is expected to show similar trend during the forecast period. In Europe, Germany, U.K., Italy, Spain are the most rewarding markets for organic NPK. According to the Research Institute of Organic Agriculture (FIBL), the overall area in Europe under organic production has grown from 7.6 million hectares in 2009 to 13.7 million hectares in 2016. According to the Research Institute of Organic Agriculture (FiBL), in 2015, 25% of overall global share for organic farming was solely accounted by Europe, which represents an increase in demand for organic NPK in European economies in comparison to other regions. Furthermore, European Union is strongly encouraging organic farming through various norms and policies such as the EU Common Agricultural Policy (CAP). Under the EU Common Agricultural Policy (CAP) organic farming is to be supported by Pillar 1 (direct payments) and Pillar 2 (Rural Development Program) for the period of 2014-2020.  These factors attribute to a growing demand for organic food and beverages which in turn is expected to boost the growth for organic NPK market in the forecast period.

Global Organic NPK Market Study Objective

1. To forecast the market size of organic NPK market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of organic NPK market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of organic NPK market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of organic NPK market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the organic NPK market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

The global players are more focused on strategies to withstand their place in the competitive market with expansions, collaborations, mergers, partnership, acquisition, and innovations. For instance, in 2017, Multiplex Group organized a new manufacturing unit for meeting its demand for micronutrients, soil conditioners, specialty fertilizers, bio fertilizers, and bio pesticides among others. Major players for the cycling wear market includes Midwestern BioAg, Tata Chemicals Ltd, BioSTAR Organics, Purely Organic Products, LLC, Italpollina S.p.A, Multiplex Group, Sustane Natural Fertilizer, Inc. and National Fertilizers Ltd., among others.

Global Organic NPK 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.