Organic Fertilizers Market growth is mainly driven by rising demand for natural based food
products. Growth in overall pesticide and chemical free agriculture industry
due to increasing preference for natural based products will support industry
demand. Biological cultivation and developments in crop production witnessed
surging demand due to its notable health benefits.
Increasing consumer awareness pertaining to harmful effects of
synthetic & chemical fertilizers, pesticides and drugs will provide
positive outlook for industry size. Growing consumer base for non-synthetic
food, beverages, personal care and pharmaceutical products has enhanced the
organic fertilizers demand. Rising awareness about health & safety
particularly in urban population will support industry growth.
Shifting preference for biological farming among farmers due to
higher demand for chemical-free food products will drive organic fertilizers
market growth. Moreover, environmental benefits and reduced soil degradation
are among key properties driving product adoption. Inclination towards
sustainable farming practices due to its large number of benefits will propel
industry size. Technological advancements and product innovation to improve
fertility has further encouraged product demand.
Government and non-profit organization’s initiatives to promote
and support natural based farming practices will propel the organic fertilizers
market growth. Moreover, government subsidies and financial aid promoting
product usage particularly in North America will drive product penetration.
Environmental policies to minimize non-biodegradable raw material consumption
and reduce health hazards caused due to chemical agricultural inputs will
support business growth.
Organic fertilizers market is segmented based on source into
mineral, plant, and animal. Animal based products will observe significant
growth in the forecast period. Reliable source of phosphorous, nitrogen,
calcium and potassium, strengthening the root health and plant growth are among
key properties driving organic fertilizers market growth. Increasing awareness
about nutritional benefits along with abundant availability have enhanced the
product demand. However, overgrowth of algae along with pollution of ground
water caused due to animal based products may hamper product scope.
On the basis of form the industry share is segregated as dry and
liquid. Liquid form has gained significant popularity in recent years due to
its high durability and efficiency. High absorbability to soil ensuring
effective nutrient supply and enhancing crop growth are among major factors
driving the industry demand. Uniformity in application is another factor
boosting product demand. However, convenience in making desired blends in the
proper ratio will provide positive outlook for dry organic fertilizers.
Europe organic fertilizers market will witness notable gains in
forecast timeframe. Regulatory support coupled with government promotions and
subsidies are among key factor driving regional demand. Increasing awareness
pertaining to environmental effects of synthetic agricultural inputs coupled
with increasing consumer preference for natural based products will propel
business growth. Growing adoption of sustainable farming practices particularly
in Spain, France, Germany, and Italy owing to increasing health, safety and
environmental concerns will drive industry demand.
Global organic fertilizers market share is fragmented due to
presence of large number of international as well as regional manufacturers.
Biostar Renewables, California Organic Fertilizers, Italpollina, ILSA, Perfect
Blend, Sustane Natural Fertilizer, Agrocare Canada and Nature Safe are among
major industry players. Collaborations with government institutes to enhance
awareness and gain bulk orders are among key strategies adopted by the industry
players to enhance their foothold. Product portfolio expansion with varying
nutrient value and production capacity expansion are another growth strategies
adopted by manufacturers.
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Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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