Organic Fertilizers Market Report

Market Insights

The global organic fertilizers market was valued at US$ 8.4 billion in 2021 and is anticipated to generate US$ 12.9 billion by 2028. The market is projected to experience a growth at a CAGR of 5.1% from 2022 to 2028.

Want to know more about the market scope: 

What are Organic Fertilizers?

Organic fertilizers are natural fertilizers made from organic materials, such as animal waste, plant residues, and compost. They provide plants with the necessary nutrients, such as nitrogen, phosphorus, and potassium, in a slow-release form that is more easily absorbed by plants. Organic fertilizers also help to improve soil health and structure by increasing soil organic matter, promoting microbial activity, and enhancing soil water-holding capacity.

The scope of organic fertilizers is vast, as they offer a range of benefits to both plants and the environment. Some of the key advantages of using organic fertilizers include increased soil fertility, environmental friendliness, cost-effectiveness, and sustainability. Organic fertilizers help to improve soil fertility and structure by adding nutrients, increasing soil organic matter, and promoting microbial activity. These are made of natural materials, which reduces the risk of environmental contamination from synthetic fertilizers. Moreover, it provides much-required nutrients in a slow-release form, which ensures that plants receive a steady supply of nutrients and reduces the risk of over-fertilization.

The agriculture industry is a significant source of income for a large portion of the world's population. Due to the increasing impact of climate change and harm to ecological systems, there has been a growing adoption of organic fertilizers, which offer benefits to the environment. However, climate change remains a limiting factor for market growth. On the other hand, the rising demand for organic food, particularly in Europe and North America, which import food from the Asia-Pacific region, presents an opportunity for market growth.

Key Players

The market for organic fertilizers is divided among major global and local players. Companies are utilizing strategies such as partnering with government organizations, expanding their market presence, and innovating their product offerings to stay competitive in the market. Some of the key industry players in the organic fertilizer market include:

• Agrocare Canada
• Biolchim S.p.A.
• California Organic Fertilizers, Inc.
• Coromandel International Limited
• Fertikal NV
• Fertoz Ltd.
• FertPro Manufacturing Pty Ltd.
• Hello Nature International Srl
• ILSA SpA
• Karnataka Agro Chemicals
• Midwestern BioAg
• National Fertilizers Limited
• Perfect Blend, LLC
• Queensland Organics
• ScottsMiracleGro Company
• SPIC Ltd
• Suståne Natural Fertilizer, Inc.
• Tata Chemicals Ltd.
• Other Prominent Players

Segment Analysis

Form Type: 

Dry-type organic fertilizers are usually made from organic materials such as animal waste, plant matter, and other organic sources. They provide numerous benefits, such as improving soil quality, enhancing plant growth and yield, and reducing environmental pollution. The scope of dry-type organic fertilizers includes their use in various applications, such as agriculture, horticulture, turf management, and landscaping. They are suitable for a wide range of crops and can be used for both indoor and outdoor plant cultivation.

Additionally, dry-type organic fertilizers can be customized based on specific crop requirements and soil conditions, making them a versatile option for farmers and gardeners. As the demand for sustainable and eco-friendly farming practices increases, the use of dry-type organic fertilizers is expected to continue to grow.

Crop Type: 

The cereal-based segment will record the highest growth rate during the forecast period. The use of organic fertilizers can help to reduce the environmental impact of cereal production. Organic fertilizers are typically made from natural and renewable sources, such as plant and animal waste, which are less likely to contribute to soil and water pollution. In contrast, synthetic fertilizers can cause pollution and have negative impacts on soil health and biodiversity.

Overall, the use of organic fertilizers in cereal production has the potential to improve the sustainability of agriculture while promoting healthy and nutritious food production.

Region Analysis:

Asia-Pacific is expected to remain the largest market for organic fertilizers during the forecast period. The scope of organic fertilizers in the Asia-Pacific is vast, as the region is home to some of the world's largest agricultural economies, including China, India, and Indonesia. In recent years, there has been a growing demand for organic fertilizers in the region due to increased awareness about the harmful effects of synthetic fertilizers on the environment and human health.

The adoption of organic farming practices is also being driven by government initiatives and policies aimed at promoting sustainable agriculture and reducing the use of synthetic fertilizers and pesticides. For instance, India has implemented a national program for organic production to encourage the use of organic fertilizers and promote organic farming.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Product Portfolio, New Product Launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com

Recent Developments

In October 2022, ACI Biolife Fertilizer and the Bangladesh Institute of Nuclear Agriculture (BINA) inked an MoU for Biofertilizer, i.e., Trichoderma development and testing.

In September 2022, Corteva Agriscience acquired Symborg, an expert in microbiological technologies based in Murcia, Spain.

In March 2022, Rizobacter expanded and commercialized its products to other African countries apart from South Africa, including Malawi, Zambia, Nigeria, Ghana, Uganda, Kenya, Sierra Leone, and Tanzania.

In August 2021, Harsco Environmental launched its new line of ORGANO-CAT® organic fertilizers. These fertilizers are made from recycled organic waste and are designed to improve soil health and promote plant growth.

In September 2021, Humic Growth Solutions launched its new line of Huma Gro® organic fertilizers. These fertilizers are made from plant extracts and are designed to enhance soil biology and plant nutrition.

In December 2021, BioStar Renewables launched its new line of organic fertilizers called BioFert. These fertilizers are made from plant-based materials and are designed to improve soil health and plant growth.