Organic Fertilizers Market Research Report - Forecast till 2027

Organic Fertilizers Market Information: by Source (Minerals, Plants, and Animals), by Crop (Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables, and others), by Certifications (100% Organic, and 95% Organic), By Form (Dry, and Liquid), and by Regions - Forecast till 2027

ID: MRFR/AGR/2744-HCR | February 2021 | Region: Global | 110 pages

Organic Fertilizers Market Overview


The Organic Fertilizers Market has seen rapid growth owing to rising health consciousness among people. Organic Fertilizers industry is expected to grow at Significant CAGR from 2019 to 2023 as per MRFR Analysis.


Organic Fertilizers on contrary to chemical fertilizers, not only provide nutrients to the soil but also maintain soil health. The rising literacy rate and purchasing power of people have made the switch to healthy foods over more food.


Organic Fertilizers are a key input for growing healthy food and for maintaining soil health. Thus, the organic fertilizers market is expected to increase substantially in the upcoming years. The Compound Annual Growth Rate (CAGR) for the current forecast period of 2021-2028 is estimated to be around 13 % for this market.    


Covid - 19 Analysis of Organic Fertilizers Market


Covid 19 had serious impacts on most of the industries worldwide and Organic Fertilizers market is not an exception too. Though agricultural activities were continuing during the period farmers had to face a shortage in supplies. These problems were a result of disruptions in supply chains owing to restrictions.


The organic fertilizers market showed only moderate growth during the period. In fact, the industry is yet to recover from the impact. Moreover, the closure of production units and distributor outlets is also a major cause of the decline in sales.

However, there was an uprise in positive views towards organic farming. Many local farmers around the globe got a chance to connect directly with their local customers. Embracing natural farming from these customers has influenced such cultivators to try organic fertilizers. 


Market Dynamics


Drivers


Awareness among people about the possible benefits of organic farming is increasing with time. This will lead to the market growth of organic produce as well as organic fertilizers. Moreover, the rising bourgeoisie population has increased the demand for quality food. To meet the rising demand, many farmers are shifting towards organic agriculture. This will definitely increase the market share of organic fertilizers. 


Another reason for the increasing area under organic agriculture is the better price for organic produce. Organic produce being higher in quality fetches good remuneration for farmers. So, the farmers are easily motivated to practice organic farming. Moreover, Organic Fertilizers Market sustain soil productivity for a long time which is not possible with chemical fertilizers.


Governments and different regulatory bodies around the globe are putting a bar on many chemical fertilizers. This will also propel the farmers to go for organic fertilizers. In addition, awareness and promotion of organic agriculture by governmental bodies are bringing a major change in the fertilizer market. Analyzing all these factors with the rising population, organic fertilizers are expected to play a greater role in farming during the forecast period.


Restraints


As every good product has some limitations, organic fertilizers market with immense benefits also have some drawbacks. The first is that the production process of organic fertilizers often exceeds the price of chemical fertilizers. Hence, organic fertilizers being Healthy to soil has a less cost-benefit ratio for the short term.  


Although we generate a large amount of organic waste, very few go for proper utilization. Therefore, it is creating a shortage of raw materials for fertilizer production. It is still a daunting task to channelize the collection of raw materials for organic fertilizers production.  


Moreover, organic fertilizers are bulky in comparison with chemical fertilizers except for some biofertilizers. Hence, the total nutrients derived from a unit quantity of organic fertilizers is much less than that of chemical fertilizers.


Lack of knowledge about organic fertilizers among the farmers of developing and underdeveloped countries is also a major hindrance. The farmers, aware of its importance, go for the application of locally available materials rather than buying them from the market.  


Technology Analysis


Organic fertilizers are soil nutrition substances that are derived from organic sources such as plants and animals. Fertilizers are a substance which can add nutrition to the soil. Hence, two types of Fertilizers are available based on their source of extraction:



  • Inorganic (Chemical Fertilizers)

  • Organic fertilizers (plants & animals based)


Organic fertilizers comprise plants and animal products, wastes, microbial concentrate, and natural minerals, etc. As we source them from natural substances, they cause no harm to soil and improve soil properties. On the other hand, chemical fertilizers damage the microbial activity of soil causing long-term damage. Moreover, organic fertilizers are rich in micronutrients, plant growth hormones and act as a conditioner to the soil. It also helps in sustaining soil properties which are essential for crop growth and healthy food production. The commonly available organic fertilizers are manures, worm castings, oil cakes, blood meal, guano, biofertilizers, etc.


Study Objectives



  • To analyze and forecast the global biofertilizers market in terms of value and volume.

  • To provide information about the impact of covid 19 on the organic fertilizers market

  • To highlight the opportunities in the organic fertilizers market and also the limitations.

  • To give details about the technological viability of organic fertilizers and their impacts on market growth

  • To identify the key players of this market and recent developments.


Segment overview


On basis of the source of production, the organic fertilizers market is divided as: -



  • Minerals

  • Animal

  • Plants


The animal-based fertilizer segment is showing higher growth among the other types. Such fertilizers being rich in nitrogen and phosphorus content greatly helps in improving soil productivity. Besides this, animal-based organic fertilizers are also rich in secondary micronutrients such as Calcium and Magnesium.


Secondly, on the basis of crop source biofertilizers market is segmented as:



  • Oilseeds and Pulses

  • Cereals and grains

  • Fruits and vegetables

  • Others


Fruits and vegetables are the fastest growing market segment due to the rising importance of their inclusion in the diet. However, cereals and pulses hold the largest market share. It is due to their large area under cultivation and importance regarding food security.


Thirdly, on the basis of certifications, the Organic Fertilizers Market is segmented as: -



  • 100% organic

  • 95% organic


Moreover, on the basis of form, we can classify the organic fertilizers market into



  • Dry organic fertilizers

  • Liquid organic fertilizers


Out of these two types, liquid organic fertilizers are showing a higher growth rate. This growth is supported by its property of faster absorbability. Liquid fertilizers are more rapidly available to plants than any other form and are easy to apply. However, dry fertilizers hold the largest market share due to their easy production and traditional market.  


Regional Analysis


On the basis of regions, we can divide the global organic fertilizers market as:



  • North America

  • Europe

  • Asia Pacific

  • Rest of the World (RoW)


Europe holds the largest share of the global organic fertilizers market. In fact, Europe has a large area ( 13.8 million hectares ) under organic cultivation. Countries such as Sweden, Austria, Denmark & Germany are the biggest market for organic fertilizers.  Moreover, the high purchasing power of people in this region makes farmers able to spend on organic inputs.


However, Asia- Pacific is the fastest-growing market. Favorable government policies, rising literacy rates, and purchasing power are the main contributors to the growth. The North - American region is also expected to witness moderate growth in market share during the forecast period.


Competitive Landscape


The organic fertilizers market is represented by different key players around the globe. Some of the key global and regional players of this market are:



  • Tata Chemicals Ltd. (India)

  • Midwestern BioAg  (USA)

  • Tata Chemicals Ltd. (India)

  • Agrocare Canada (Canada)

  • Coromandel International Limited (India)

  • Italpollina S.p.A. (Italy)

  • The Scotts Miracle-Gro Company (USA)

  • Sustane Natural Fertilizer, Inc. (USA).


Recent Developments


Some of the recent developments influencing the organic fertilizers market are :


In March 2019, Italpollina SpA the global leader of organic fertilizers acquired Horticultural Alliance Inc, specializing in the organic method of plant health management.


Intended Audience


All stakeholders of the organic fertilizers market can benefit from this report. It will be more helpful to those who are directly connected with the organic fertilizers market such as:



  • Manufacturers of organic fertilizers

  • Traders’ importers and exporters of fertilizers

  • Retailers and wholesalers dealing with organic fertilizer

  • E-commerce companies involving the sale of fertilizer product

  • Research and development organizations.


Report Overview


This report provides overall information about the organic fertilizers Market. It contains market details in terms of current value and future forecasts. Moreover, we have identified opportunities regarding the organic fertilizers market and also restraints for its growth. Furthermore, this report provides an overview of market expansion in terms of different segments in different regions around the globe. This report also provides information about key players in the market and some recent developments. 



Frequently Asked Questions (FAQ) :


Organic fertilizers are soil nutrition substances that are derived from organic sources such as plants and animals.

The liquid form of organic fertilizers is showing a faster growth rate. It is easy to apply and is more quickly available to plants than other forms.

Europe is expected to show the highest market growth during the current forecast period. Europe has a large land area under organic cultivation and a high purchasing capacity of farmers.

Table of Contents:

1. Executive Summary

2. Market Introduction

2.1 Definition

2.2 Scope of the study

2.2.1 Research Objectives

2.2.2 Assumptions

2.2.3 Limitations

2.3 Markets Structure

2.4 Stakeholders

3. Research Methodology

3.1 Research application

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

3.5 Market Size Estimation

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

5. Market Trends

5.1 Trends in Supply/Certifications

5.2 Trends in Demand/Consumption

5.3 Emerging Markets (Supply & Demand)

5.4 Emerging Brands

5.5 Trade (Import-export) Analysis

5.6 Innovations in Certifications/application

5.7 Macroeconomic indicators Analysis for top 5 Producing countries

6. Market Factor Analysis

6.1 Introduction

6.2 Value Chain Analysis

6.3 Porter’s Five Forces

6.4 Supply Chain Analysis

7. Market by Source

7.1 Introduction

7.2 Market size (sub segments)

7.2.1 Minerals

7.2.2 Plants

7.2.3 Animals

8. Market by Crop

8.1 Introduction

8.2 Market size (sub segments)

8.2.1 Oilseeds & Pulses

8.2.2 Cereals & Grains

8.2.3 Fruits & Vegetables

8.2.4 Others

9. Market by Certifications

9.1 Introduction

9.2 Market size (sub segments)

9.2.1 100% Organic

9.2.2 95% Organic

10. Market by Form

10.1 Introduction

10.2 Market size (sub segments)

10.2.1 Dry

10.2.2 Liquid

11. Market by Region

11.1 Introduction

11.1.1 North America

11.1.1.1 U.S.

11.1.1.2 Canada

11.1.1.3 Mexico

11.2 Europe

11.2.1 Introduction

11.2.1.1 Germany

11.2.1.2 France

11.2.1.3 Italy

11.2.1.4 U.K

11.2.1.5 Rest of Europe

11.3 Asia Pacific

11.3.1 Introduction

11.3.1.1 China

11.3.1.2 India

11.3.1.3 Japan

11.3.1.4 Rest of Asia Pacific

11.4 RoW

11.4.1 Introduction

11.4.1.1 Brazil

11.4.1.2 Argentina

11.4.1.3 Egypt

11.4.1.4 South Africa

11.4.1.5 Others

12. Competitive landscape

12.1 Introduction

12.2 Certifications Launch/Development

12.3 Partnerships and collaborations

12.4 Acquisitions

12.5 Business Expansion

13. Company Profiles

13.1 Tata Chemicals Ltd. (India)

13.2 Midwestern BioAg (U.S.)

13.3 Coromandel International Limited (India)

13.4 Agrocare Canada (Canada)

13.5 Italpollina S.p.A. (Italy)

13.6 The Scotts Miracle-Gro Company (U.S.)

13.7 Suståne Natural Fertilizer, Inc. (U.S.)

LIST OF TABLES

TABLE 1 PESTLE ANALYSIS - U.S.

TABLE 2 PESTLE ANALYSIS- IRELAND

TABLE 3 PESTLE ANALYSIS- CHINA

TABLE 4 PESTLE ANALYSIS- JAPAN

TABLE 5 PESTLE ANALYSIS- GERMANY

TABLE 6 KEY SUPPLIERS OF RAW MATERIALS FOR ORGANIC ORGANIC FERTILIZERS

TABLE 7 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET, BY SOURCE, (2020–2027), USD MILLION

TABLE 8 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET, BY CROP, (2020–2027), USD MILLION

TABLE 9 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET, BY CERTIFICATIONS, (2020–2027), USD MILLION

TABLE 10 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 11 GLOBAL ORGANIC ORGANIC FERTILIZERS SALES AND GROWTH RATE (2020–2027) USD MILLION

TABLE 12 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET TOP 5 COUNTRIES

TABLE 13 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET TOP COMPANIES-USD MILLION

TABLE 14 NORTH AMERICAN ORGANIC ORGANIC FERTILIZERS MARKET, BY SOURCE, (2020–2027) USD MILLION

TABLE 15 NORTH AMERICAN ORGANIC ORGANIC FERTILIZERS MARKET, BY CROP, (2020–2027) USD MILLION

TABLE 16 NORTH AMERICAN ORGANIC ORGANIC FERTILIZERS MARKET, BY CERTIFICATIONS, (2020–2027), USD MILLION

TABLE 17 NORTH AMERICAN ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 18 EUROPEAN ORGANIC ORGANIC FERTILIZERS MARKET, BY SOURCE, (2020–2027) USD MILLION

TABLE 19 EUROPEAN ORGANIC ORGANIC FERTILIZERS MARKET, BY CROP, (2020–2027) USD MILLION

TABLE 20 EUROPEAN ORGANIC ORGANIC FERTILIZERS MARKET, BY CERTIFICATIONS, (2020–2027), USD MILLION

TABLE 21 EUROPEAN ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 22 APAC ORGANIC ORGANIC FERTILIZERS MARKET, BY SOURCE, (2020–2027) USD MILLION

TABLE 23 APAC ORGANIC ORGANIC FERTILIZERS MARKET, BY CROP, (2020–2027) USD MILLION

TABLE 24 APAC ORGANIC ORGANIC FERTILIZERS MARKET, BY CERTIFICATIONS, (2020–2027), USD MILLION

TABLE 25 APAC ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 26 REST OF THE WORLD ORGANIC ORGANIC FERTILIZERS MARKET, BY SOURCE, (2020–2027) USD MILLION

TABLE 27 REST OF THE WORLD ORGANIC ORGANIC FERTILIZERS MARKET, BY CROP (2020–2027) USD MILLION

TABLE 28 REST OF THE WORLD ORGANIC FERTILIZERS MARKET, BY CERTIFICATIONS, (2020–2027), USD MILLION

TABLE 29 REST OF THE WORLD ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 30 COMPETITIVE LANDSCAPING BASED ON FINACIALS DURING THE YEAR 2020

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH

FIGURE 4 TREND IN ORGANIC ORGANIC FERTILIZERS IMPORTS 2020

FIGURE 5 GROWTH RATE IN ORGANIC ORGANIC FERTILIZERS IMPORTS 2020

FIGURE 6 ORGANIC ORGANIC FERTILIZERS IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2020)

FIGURE 7 TREND IN ORGANIC ORGANIC FERTILIZERS EXPORTS 2020

FIGURE 8 GROWTH RATE ORGANIC ORGANIC FERTILIZERS EXPORTS 2020

FIGURE 9 ORGANIC ORGANIC FERTILIZERS EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2020)

FIGURE 10 VALUE CHAIN ANALYSIS

FIGURE 11 COST ANALYSIS: ORGANIC ORGANIC FERTILIZERS

FIGURE 12 PORTER’S FIVE FORCES ANALYSIS

FIGURE 13 ORGANIC ORGANIC FERTILIZERS MARKET TRENDS BY SOURCE

FIGURE 14 ORGANIC ORGANIC FERTILIZERS MARKET TRENDS BY CROP

FIGURE 15 ORGANIC ORGANIC FERTILIZERS MARKET TRENDS BY CERTIFICATIONS

FIGURE 16 ORGANIC ORGANIC FERTILIZERS MARKET TRENDS BY FORM

FIGURE 17 FINANCIALS