At 12.08% CAGR, Organic Fertilizers Market Size is Expected to Exhibit19.71 billion USD by 2027

Market Study Report has added a new report on Organic Fertilizers market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Organic Fertilizers market in tandem with its competitive terrain.

Global Organic Fertilizers Market to reach USD 19.71 Billion by 2027. Global Organic Fertilizers Market is valued approximately at USD 8.87 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.08% over the forecast period 2021-2027.

Organic fertilizers are fertilizers derived from animal matter, human excrete and vegetable matter such as compost, manure, etc. Globally, more than 2 billion tonnes of municipal solid waste and 7-10 billion of urban solid waste are generated. The wastages are used as a raw material for the production of organic fertilizers.  The adverse effects of chemical fertilizers on the soil and increasing awareness about organic fertilizers is driving the market demand.

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Major market player included in this report are

  • Multiplex Group
  • Coromandel International Limited
  • Midwestern BioAg
  • Perfect Blend, LLC
  • ILSA S.p.A.
  • California Organic Fertilizers, Inc.
  • Biolchim S.p.A.
  • Qld Organics
  • FertPro Manufacturing Pty Ltd.
  • National Fertilizers Limited

The increased practice of organic farming has also driven the growth of the market. But the fertilizers market has faced disruption due to the impact of COVID-19 pandemic which has restrained the market growth. Also, Government initiatives and schemes to support and promote organic farming is giving opportunities to the market to grow.

For instance: – Mission Organic Value Chain Development for North Eastern Region (MOVCDNER) is promoting 3rd party certified organic farming of niche crops in the north east region through Farmers Producer organizations (FPOs) with focus on exports. Farmers have been given assistance of Rs. 25000/ha/3 years for organic inputs including organic manure and bio fertilizers etc. Continuous research and development by the market players to improve the quality of their products, in line with the increased demand for value-ensuring produce is also expected to propel the market forward.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Organic Fertilizers market. Asia Pacific is the dominant market and had the largest share in 2020, owing to the increasing health awareness, huge areas under organic cultivation, rapid population and income growth and the presence of several organic operators. The demand for organic fertilizers is expected to rise in North America in the forecasted period.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By source:

Plant

Animal

Mineral

By crop type:

Cereals & grains

Oilseed & pulses

Fruits & vegetables

Others

By form:

Dry

Liquid

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Organic Fertilizers Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Full Report Summary At: https://www.marketstudyreport.com/reports/global-organic-fertilizers-market-by-source-plant-animal-and-mineral-by-form-dry-and-liquid-by-crop-type-cereals-grains-oilseeds-pulses-?utm_source=marketwatch.com&utm_medium=AG

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