Organic Fertilizers Market Size and Share Analysis by Source (Plant, Animal), Form (Solid, Liquid), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Application (Broadcasting, Fertigation, Foliar Application) – Global Industry Demand Forecast to 2030

Market Overview

The global organic fertilizers market size is estimated to generate $5,864 million in 2022, and it is expected to advance at a compound annual growth rate of 12.1% during 2022–2030, to reach $14,622 million by 2030.

The key factors driving the growth of the market are the growing number of organic farms, increasing acreage across the globe, and rising the demand for organic food products, due to the various health and fitness benefits. Additionally, the surging availability of plant and animal waste and advances in the manufacturing procedure of organic fertilizers are increasing the opportunities for the suppliers of these products.

Cereals & Grains Category Will Lead Market

The cereals & grains category held the largest revenue share of 62.8%, and it is expected to maintain its position in the years to come. This growth is ascribed due to such agrochemicals are most commonly used in cereals & grains, turf & ornamental plants, oilseeds & pulses, fruits & vegetables, and other types of crops. Moreover, the demand for cereals & grains is also growing because they can be easily produced and gives high yields.

In addition, according to the data released by several private and government sources, a significant portion of the organic farming area was being used for producing rice, barley, oats, and wheat due to the high requirement for these items. The non-toxicological and environmentally sustainable attributes of sustainably farmed cereals and grains are contributing toward the growth of this category.

Animal-Based Will Generate Higher Revenue

The animal-based category held the largest revenue share of 63.2% and maintain its dominance, during the forecast period. The requirement for animal-sourced fertilizers has grown rapidly over the last few years. The increasing importance of animal-based fertilizers is the major factor propelling the expansion of this category. Moreover, fertilizers produced from animal waste, bone meal, and blood meal, are rich in potassium, phosphorous, and nitrogen, which are the major nutrients needed by plants. Therefore, due to above benefits of animal-based fertilizers, their usage is rapidly surging globally.

Moreover, the growth is also driven by the snowballing demand for animal manure, which is commonly used in the making of healthy and maximum yield sustainably. Furthermore, the key operating players are more focused on the launches of new products and enormous R&D investments. On 25 Jul 2022, the Ministry of Fisheries, Animal Husbandry & Dairying launched NDDB's subsidiary for manure management.

Solid Category Led Market

The solid category held the larger market share in 2022, and it will maintain its dominance in the coming years. This is due to the greater ease of use of granular-form fertilizers than the liquid ones. The solid form of fertilizers is mostly used for lawn and garden applications, due to its long-lasting effect and easy availability of raw material.

Product Demand in Asia-Pacific Will Remain High

The Asia-Pacific market accounted for a significant share of in 2022, and will remain the same throughout the forecast period. This growth is mainly ascribed to the rising health awareness among the customers, broad cultivation land, surpassing population & per capita income growth, and enhanced mechanization and irrigation capabilities in the region. In addition, the strict government rules and the growing concerns by enterprises for the expansion of this industry are propelling the demand for these rudimentary agrochemicals.

Moreover, APAC is the third-largest consumer of organic products in the world, as consumer awareness for the benefits of such products is increasing in countries, such as India, China, and Indonesia. These food products were less prominent in the past decade, but following the trend in Europe and North America, large food retailers in the APAC region have become more active in the sales of such agricultural commodities.

The largest producers of these crops are India, China, Indonesia, Thailand, Sri Lanka, and the Philippines. However, the largest consumers are from the most affluent countries, such as China, South Korea, Japan, Taiwan, and India. Moreover, China and India started off as large producers and exporters of organic products and have only recently developed a sizeable internal market.

In addition, as per the Australian Organic Market Report 2021, since, the beginning of the pandemic millions of Australian people have shifted towards sustainable agriculture and over half of the retailers have bought approved organic foods. Moreover, the price of organic fertilizers across the APAC region is the lowest in the world. This can be attributed to the prevalence of high-volume livestock and farm waste and integrated supply chains.

Europe Is Expected To Grow Significantly

The Europe market is expected to grow significantly during the forecast period, because it has the largest organic arable land area, over 17 million hectares.

Moreover, the increasing public and private investments, integration of technology in farm-assistive practices, and government policies and initiatives to improve agricultural income, have assisted the industry growth in the region. Furthermore, the implementation and ratification of legislations, such as the Common Agricultural Policy (CAP) and the EU Regulation 2018/848, high per capita spending, and the presence of the organized supply chain for supporting the production, packaging, and distribution of sustainably grown produce are propelling the demand for organic fertilizers in the region.

Increasing Number and Acreage of Organic farmlands

In recent years, the land under organic farming has grown massively across several regions in the world, on account of several direct and indirect factors. The increasing investments by public and private players in modern agricultural methods and the growing demand for organic products due to their perceived health benefits and the low chemical leaching during their production. These factors have also resulted in their premium pricing and higher interest among farmers due to greater margins.

Besides, secondary/indirect factors, such as equivalence agreements between countries for product certification, benchmarking, and labeling, wherein countries recognize and certify products of trading partners; supportive government initiatives and policies; and participatory guarantee systems (PGS) have pushed farmers from the conventional mode of farming to sustainable methods, thereby fueling the demand for organic fertilizers.

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Macroeconomic Growth in Developing Countries

Although emerging economies, that mainly comprise middle- and low-income countries, such as India and Brazil, possess an appreciable ecosystem for the development of organic farming, they usually have less than 10% of the land for this farming model as compared to that for conventional farming. Furthermore, high premiums on sustainably produced products render them beyond the reach of a major share of the local population. In recent years, economic growth and the rise in disposable income in such countries have improved the demand for organic products.

Key Players in Organic Fertilizers Market Are:

• The Scotts Miracle-Gro Company
• Israel Chemical Limited
• Coromandel International Limited
• Sustane Natural Fertilizer Inc.
• Nature Safe
• Italpollina S.p.a
• True Organic Products Inc.
• Midwestern BioAg
• Multiplex Group of Companies
• Perfect Blend LLC
• Aryan Crop Protection Pvt. Ltd.
• Pruthvi Khhetiwadi Kendra

Global Organic Fertilizers Market Size Breakdown by Segment

The study uncovers the biggest trends and opportunities in the market, along with offering segmentation analysis at the granular level for the period 2017 to 2030.

Based on Source

• Plant
• Animal

Based on Form

• Solid
• Liquid

Based on Crop Type

• Cereals & grains
• Oilseeds & pulses
• Fruits & vegetables

Based on Application

• Broadcasting
• Fertigation
• Foliar Application

Geographical Analysis

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
• Asia-Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa
  • Saudi Arabia
  • South Africa
  • U.A.E.