Organic Fertilizers Market 2023

Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2033

Organic Fertilizers Market by Source (Plant, Animal, Mineral), by Form (Dry and Liquid), by Crop Type (Cereals & grains, Oilseed & pulses, Fruits & vegetables, Others), by Nutrition Content (up to 60%, up to 40% to 60%, up to 20% to 40%), and by Region – Global Market Share and Forecast to 2033

Region: Global | Format: Word, PPT, Excel | Report Status: Published

According to the Market Statsville Group (MSG), the global organic fertilizers market size is expected to grow from USD 10244.86 million in 2022 to USD 32610.76 million by 2033, at a CAGR of 11.1% from 2023 to 2033. Population growth on a global scale is 1.05% every year. The need for food increases as the population expands. Due to the restricted supply of arable land, crop yield management and land management have gained significance. To fulfil the demand, the agriculture sector is under pressure to grow more food crops. Fertilizers are crucial to the agriculture sector because they boost soil production. To increase agricultural productivity, synthetic or chemical fertilizers are mostly employed. Nonetheless, there has been a movement towards using organic fertilizers as a result of increased awareness of the negative impact chemical fertilizers have on both people and the environment. The demand for organic fertilizers is anticipated to increase as a result of people choosing to buy organic food items and being prepared to pay a little bit more for them.

Definition of the Global Organic Fertilizers Market

Organic fertilizers are organically produced carbon-based fertilizers. Fertilizers are chemicals that may be added to the soil or applied to plants in order to provide nutrients that will aid in their growth. Common organic fertilizers include mineral supplies, including animal waste, including byproducts of the meat industry, manure, slurry, and guano, as well as plant-based fertilizers like compost and bios liners. The Organic Agriculture Principles, which govern whether a fertilizer may be used for commercial organic agriculture, are followed by various biotic, non-chemical fertilizer systems. Among the organic fertilizers are peat, animal wastes, sewage sludge that has been treated, and waste from agricultural plants. A substance consisting of partially decayed plant materials is turf or peat.

Rich in organic matter, soil is less likely to compress, improving soil aeration, water drainage, and microbial life. It is the most frequently organic amendment by volume and is frequently referred to as the most extensively utilized organic fertilizer. Animal-sourced items include things like animal manure and residues from animal slaughter. Manure is produced by animals kept for milk production, egg production, meat and hide production, sport and recreation, and egg laying.

COVID-19 Impact on the Global Organic Fertilizers Market

During the inception of the COVID-19 pandemic, the demand for the organic fertilizer market is significantly reduced due to the reduced investments by government and private companies in fertilizer manufacturing, which leads to cutbacks in such business lines. Thus, it can be defined as the recent outbreak of the novel COVID-19 diseases has considerably dropped the consumption of organic fertilizer, thereby hampering the market growth considering the regional scenario. Besides, the epidemic has abandoned an unprecedented crisis for the nations and manufacturing businesses. This has frequently led to lockdowns and company closures in several nations throughout the world, forcing employees and other people to stay at home to stop the pandemic from spreading. Also, the present crisis has highlighted the potential dangers and vulnerabilities of the current agricultural value chain, putting the fertilizer industry's corporations under pressure to think about changing their supply chain model. Combined with the shutdowns and disruptions in fertilizer, the public, and private companies delayed their investment or spending for expanding fertilizers manufacturing plants. This, in turn, is expected to limit the growth of the Southeast Asia organic fertilizer market.

However, the effective policies from the government and implementation of suitable practices can help companies to gain profits post the immediate effects of the pandemic. Additionally, the growing demand for organic food and the rise in the number of people concerned for health has significantly influenced the market growth positively in the upcoming years. The people are more aware of the fact which they consume and about to consume which results in increasing the demand for organic food, thus, augmenting the growth of the organic fertilizers in the forthcoming years.

Global Organic Fertilizers Market Dynamics

Drivers: Rising awareness regarding environmental safety

With the growing population the need to increase agricultural production has also arisen to fulfil the food requirements of the growing population have tremendously drive the growth of fertilizer sector. To increase the agriculture production has, various farmers practice the use of chemical fertilizers. However, the increasing use of such chemical and agrochemical inputs lean an adverse effect on plant physiology, soil quality, animals, and human beings. Additionally, the overuse of chemical fertilizers has a direct effect on the environment causes soil pollution (soil erosion) and water pollution as chemical residues from fertilizers may remain in the soil and cause soil pollution, contaminate the surface or groundwater, or be released into the atmosphere through vitalization. The leftover residues in the soil emit ammonia, methane, nitrous oxide, and elemental nitrogen into the environment.

Whereas organic fertilizers can increase fertility of soil especially acidic soils and can also play a major role in increasing agricultural productivity. It also provides protection against some foliar and soil-borne diseases. It further has the potential to improve soil physical properties, increase nutrient uptake, and reduce loss of leaching nutrients. Increasing demand for organic foods is one of the prominent factors contributing towards the market growth. Hence, governments of different nations are incorporating supportive policies and grants to boost the adoption of organic farming in different end use sectors including the agricultural sector.

Restraints: Comparatively unfavorable cost and higher reliance on inorganic means of cultivation

Organic fertilizer seems to be high end consumption and production. The need of high capital for the bulk production of organic fertilizer is likely to obstruct market growth. Organic fertilizers can be practicable in a small-scale industry, such as in forest communities, places in which woody biomass waste is readily accessible. Whereas large-scale production of organic fertilizer can be achieved through crop cultivation, it needs sufficient land for cultivation.  Hence, a potential financial obstacle to technology development and transfer could be the high costs of large-scale plants, the necessary investments in feedstock's for biomass, infrastructure and upfront capital access.  For instance: the overall cost of processing biochar ranges from $194- $424 per ton of feedstock. This cost of manufacturing organic fertilizer would result in higher capital costs for large scale production. Further, transporting and collection of feedstock material is likely to form an important component of organic fertilizer cost where the creation facilities are fixed, and transportation of feedstock is from distant location. Which could also result in capital intensive manufacturing. Thus, cost is the important factor for production facilities and the such large investments may create significant barrier in the market growth.   

Opportunities: Increasing size of potential consumer base

The increasing size of potential consumer base, in terms of organic food consumption will create a lucrative growth opportunity for the organic fertilizers market in the forecasting period. The consumer purchase of environmentally friendly products like organic food puts immense pressure in agricultural industry to cultivate organic based products via organic fertilizers. Additionally, the health-concerned consumers who seeks for rich nutrients, vitamins, proteins, and many more in their daily food habits, are likely to purchase organic food more often. Also, consumers’ suspicions and fears about foods produced by new technology such as gene modi?cation, is another factor which motivates them to choose natural food products like organic food.

According to Rakuten Insight, approximately 62.7% of the Vietnam population stated to buy organic food products often. Moreover, the increasing spending income of consumer further derives the consumer to opt for organic products, which thereby propelling the growth of the market. Moreover, with the sudden outbreak of COVID-19, the people are more health concerned and opt for organic food which results in increasing the demand for organic farming.

Scope of the Global Organic Fertilizers Market

The study categorizes the organic fertilizers market based on source, form, crop type and nutrient content area at the regional and global levels.

By Source Outlook (Sales, USD Billion, 2019-2033)

  • Plant
  • Animal
  • Mineral

By Form Outlook (Sales, USD Billion, 2019-2033)

  • Dry
  • Liquid

By Crop Type Outlook (Sales, USD Billion, 2019-2033)

  • Cereals & grains
  • Oilseed & pulses
  • Fruits & vegetables
  • Others

By Nutrient Content Outlook (Sales, USD Billion, 2019-2033)

  • Presence of Organic Substance up to 60%
  • Presence of Organic Substance from 40% to 60%
  • Presence of Organic Substance from 20% to 40%

By Region Outlook (Sales, USD Billion, 2019-2033)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Northern Africa
    • Rest of MEA

Cereals & grains segment accounts for the largest market share by crop type

Based on the product type, the market is bifurcated into cereals & grains, oilseed & pulses, fruits & vegetables and others. The cereals & grains segment is expected to dominate the market share in 2022 in the global organic fertilizers market. According to the Food and Agricultural Organization, cereals are one of the globe’s most essential staple crops. Organic fertilizers aid in the efficient absorption of nutrients by cereal crops. They are the most important aspects of nutrient management since they are renewable and less expensive than synthetic fertilizers. These fertilizers boost plant growth and yield while also improving the soil’s health and fertility. They also aid in strengthening disease resistance in crops, lowering crop protection chemical costs.

Asia Pacific is projected to account for the highest market share by Region

Based on the regions, the global organic fertilizers market has been segmented across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia Pacific is projected to account for the highest market share in 2022. The demand for organic food increases along with per capita income, which fuels this region's organic fertilizer industry. Also, improvements in communication technology have made it possible for customers to learn more about growth and wellness dynamics, which has boosted this market internationally, especially in emerging nations like Brazil and India. One of the main crops cultivated in these nations is fruit and vegetable production, along with cereal and grain production. Australia, China, and India are some of the most significant agricultural nations. The most popular agricultural exports from these nations include cotton, sugarcane, fruits, vegetables, and cereals.

Competitive Landscape - Global Organic Fertilizers Market

The organic fertilizers market is extremely cutthroat, and significant competitors in the sector are using strategies including product launches, partnerships, acquisitions, agreements, and growth to enhance their market positions. Most sector businesses focus on increasing their operations worldwide and cultivating long-lasting partnerships.

Major key players in the global organic fertilizers market are:

  • Agroxon Pte Ltd.
  • Alpha BioGreen
  • Baconco Co., Ltd.
  • Bio-Flora (Singapore) PTE Ltd.
  • Biomax Green
  • CropAgro
  • Cropmate Fertilizers Sdn Bhd
  • Liberco International (S) Pte Ltd
  • PT Pupuk Kaltim
  • PT. Jadi Mas - Fertilizers Factory
  • Revisoil
  • SongGianh Corporation
  • Stamford Resources Pte Ltd
  • Thai Central Chemical Public Company Limited

Key Issues Addressed

  • What is the market size by various segmentation of the organic fertilizers market by region and its respective countries?
  • What are the customer buying behavior, key takeaways, and Porter's 5 forces of the organic fertilizers market?
  • What are the key opportunities and trends for manufacturers involved in the organic fertilizers market supply chain?
  • What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
  • What and how regulations, schemes, patents, and policies are impacting the growth of the market?
  • What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
  • The market player positioning, top winning strategies by years, company product developments, and launches will be?
  • How has COVID-19 impacted the demand and sales of organic fertilizers market in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
  • Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.

What is the growth rate of organic fertilizers market? The global organic fertilizers market is expected to register a CAGR of 11.70%, during the forecast period (2023 to 2033). Which crop type held the highest growing rate in the market of organic fertilizers market? On the basis of crop type, the cereals & grains segment have the highest growing rate during the forecast period (2023-2033). Which region has accounted for the largest organic fertilizers market share? In 2022, Asia Pacific held the largest share in the global organic fertilizers market, followed by Europe. Who are the key players in the organic fertilizers market? In the global market of organic fertilizers market leading manufacturers are Agroxon Pte Ltd., Alpha BioGreen, Baconco Co., Ltd., Bio-Flora (Singapore) PTE Ltd., Biomax Green, CropAgro, Cropmate Fertilizers Sdn Bhd, Liberco International (S) Pte Ltd, PT Pupuk Kaltim, PT. Jadi Mas - Fertilizers Factory, Revisoil, SongGianh Corporation, Stamford Resources Pte Ltd and Thai Central Chemical Public Company Limited. What are the factors that are driving global market of organic fertilizers market? The growing population the need to increase agricultural production has also arisen to fulfill the food requirements of the growing population has tremendously drive the growth of fertilizer sector. 

Frequently Asked Questions

  • Key Issues Addressed
  • What is the market size and growth rate for different segmentations at a global, regional, & country level?
  • What is the customer buying behavior, key takeaways, and Porter's 5 forces of the market?
  • What are the key opportunities and trends for manufacturers involved in the supply chain?
  • What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
  • What and how regulations, schemes, patents, and policies are impacting the growth of the market?
  • How will existing companies adapt to the new change in technology?
  • The market player positioning, top winning strategies by years, company product developments, and launches will be?
  • How has COVID-19 impacted the demand and sales of in the market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
  • Who are the leading companies operating in the market? Also, who are the prominent startups that disrupt the market in coming years?
  • PUBLISHED ON: Dec, 2022
  • BASE YEAR: 2022
  • STUDY PERIOD: 2019-2033
  • COMPANIES COVERED: 15
  • COUNTRIES COVERED: 24
  • NO OF PAGES: 246

Want to Review Complete Market Research Report

 
save 20%
$2450 $1950
 
save 25%
$4450 $3338
 
save 30%
$5850 $4095
 
save 35%
$8150 $5298

Budget constraints? Get in touch with us for special pricing

Request for Special Pricing

Customize this Report

  • Buy specific region or segment sections of this report
  • Buy specific region/country level reports
  • Request for Pricing Analysis, Market Dynamics, Recommendation & Conclusion
  • Companies Profiles based on Target Requirement
  • Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
  • Why Choose Market Statsville Group?
  • CXO’s Perspective
  • Real-Time Market AttractivenessIndex
  • Investment Pockets
  • Market Player Positioning
  • Competitive Heatmap
  • Parent &Peer Market Analysis
  • Primary Survey Analysis & Transcripts
  • Premium insights from industry experts
  • Robust Research Methodology
  • Market Trends & Opportunities
  • Market Growth Dynamics
  • Value/Supply Chain Analysis
  • Pre-&-Post Covid Market Scenario
  • Latest Technological Developments
  • Comprehensive Reports
  • 3-Rounds Quality Checks with Complete Assurance
  • Unlimited Post-Sales Support
  • Regular Report Updates
Didn't Get What you are looking for. Share your requirements here
Request for Customization

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. I Accept