Organic Fertilizers Market to Reach Over $22.13 Billion by 2028 – Exclusive Report by Vantage Market Research

WASHINGTON, Jan. 28, 2022 (GLOBE NEWSWIRE) – The global organic fertilizer market size is expected to reach over $22.13 billion by 2028, showing a compound annual growth rate (CAGR) of 12.1% over the forecast period.

Market Summary

Increasing environmental concerns have prompted customers to abandon mainstream foods in favor of greener alternatives. Organic fertilizers have greatly helped consumers so that they can benefit from obtaining clean-label nutrients, to the extent that they are willing to pay a higher price for such products. Therefore, major manufacturers are investing significantly in enhancing their capabilities in research, development and distribution of environmentally friendly fertilizers, according to Vantage Market Research, in a report titled “Organic Fertilizer Market by Source (plant, animal, and mineral), by crop type (cereals, oilseeds, legumes, fruits and vegetables, etc.), by form (dry, liquid), by region (North America, Europe, Asia Pacific, Middle East and Africa) – Evaluation Global Industry (2016 – 2021) and Outlook (2022 – 2028)”.

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  • In-depth industry analysis, introduction, overview, and outbreak of the COVID-19 pandemic.

  • Impact Analysis 140+ Pages Research Report (including the latest research).

  • Provide on-demand class-level guidance 2021 updated regional analysis with graphical representation of trends, scale, and participation, including an updated list of figures and tables.

  • The updated report includes the major market players with their sales volume, business strategy and revenue analysis using Vantage Market Research Methodology.

(Please note that the sample for this report has been updated to include a pre-delivery COVID-19 impact study.)

List of Prominent Players in Organic Fertilizer Market:

  • Scotts Miracle Grow Company (USA)

  • Tata Chemicals Ltd (India)

  • National Fertilizer Limited (India)

  • Coromandel International Limited (India)

  • Krishak Bharati Cooperative Limited (India)

  • Italpollina SpA (Italy)

  • Midwest BioAg (US)

  • Perfect Blend LLC (US)

  • ILSA SpA (Italy)

  • Sustane Natural Fertilizer, Inc. (United State)

  • AgroCare Canada, Inc. (Canada)

  • BioStar Systems LLC (US)

  • Nature Safe (USA)

market dynamics:

Driver: Increased population drives demand

A rising population increases the demand for food. Due to the limited availability of arable land, crop yield management and land management have become key factors. The agricultural sector is under pressure to grow more food crops to meet the need. The agricultural sector relies heavily on fertilizers to improve soil productivity. Chemical or synthetic fertilizers are mainly used to enhance crop yield. Moreover, there is a trend towards the use of these fertilizers, due to the increasing awareness of the negative effects of chemical fertilizers on both the environment and humans. People are now choosing more organic food and are also willing to pay more for the price, which is likely to fuel the demand for organic fertilizers.

Regional trends: North America has dominated the market, and is likely to rise at a faster pace in the coming years, as the region is largely dependent on the agriculture sector. In addition, increased government support and investment in organic fertilizers also act as a factor facilitating market demand in the region.

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Main results

  • Grains and cereals are likely to have a significant share: The grains are relatively easy to store and handle due to their low water content and high nutritional value. The fruit and vegetable sector is also likely to grow at a significant rate in the coming years. With the demand for vegetables and fruits constantly increasing, the use of fertilizers is expected to increase, fueling the growth of the market.

  • Dry is likely to retain a large share: As the dry form of fertilizer carries beneficial properties such as ease of application and transportation, longer shelf life, easy storage nature, and cost-effectiveness. The liquid fertilizer segment is also likely to retain a significant share, as it quickly penetrates the soil and allows faster access to nutrients.

Analysis of the impact of COVID-19:

The COVID-19 outbreak has affected many industries around the world. Governments around the world have implemented strict lockdown measures and social distancing measures in order to curb the rapid spread of the epidemic. Manufacturing facilities around the world were closed during the early stages of the pandemic. Moreover, the economic crisis that followed the pandemic may significantly delay the commercial spread of the organic fertilizer market. Hence, the market players faced many challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will be made available online. The impact of COVID-19 on market demand is considered while estimating the current and projected market size and market growth trends for all regions and countries based on the following data points:

  1. Assessing the impact of the COVID-19 pandemic

    1. North America

    2. Europe

    3. Asia Pacific

    4. Latin america

    5. Middle East and Africa

  2. Quarterly revenue forecasts for the market from Asia Pacific 2020 and 2021

  3. Key strategies companies have taken to tackle COVID-19

  4. long term dynamics

  5. short term dynamics

Read the full research report @ https://www.vantagemarketresearch.com/industry-report/organic-fertilizers-market-1228

The Organic Fertilizer Market Report Highlights:

  • Market assessment

  • Distinctive insights

  • Competitive scene

  • COVID impact analysis

  • Historical data, estimates and forecasts

  • Company Profile

  • Global and Regional Dynamics

Key questions answered in the report:

  • Which regional market will show the highest rapid growth?

  • Who are the top five players in the organic fertilizer market?

  • How will the organic fertilizer market change in the next six years?

  • What application and product will take the lion’s share of the organic fertilizer market?

  • What are the Organic Fertilizer Market drivers and restraints?

  • What will the CAGR and Organic Fertilizer market size be throughout the forecast period?

Talk to the analyst @ https://www.vantagemarketresearch.com/organic-fertilizers-market-1228/contact-analyst

This market is entitledorganic fertilizer market It will cover the exclusive information in terms of regional analysis, forecasting, quantitative data – units, major market trends and various other information as mentioned below:

Report feature

details

Market size in 2021

9.95 billion US dollars

Expected market size in 2028

22.13 billion US dollars

CAGR growth rate

Compound annual growth rate of 12.1% from 2022 to 2028

base year

2021

Historic years

2016 – 2020

prediction years

2022 – 2028

covered slices

Source: – vegetable, animal, mineral

Crop type: – Cereals, grains, oilseeds, legumes, fruits, vegetables, etc.

Form: – dry, liquid

Quantitative data – units

Revenues in US$ Million/Billion and CAGR from 2022 to 2028

Covered areas

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Countries covered

United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC countries and South Africa, among others

Report coverage

Market growth drivers, restraints, and opportunities, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis, Organizational Landscape, Market Attractiveness Analysis by Segments and Region, Company Market Share Analysis, and COVID-19 Impact Analysis.

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