Organic fertilizers are derived from organic sources such as plant and animal waste and the raw materials can range from cow manure to organic compost. Kelp, guano, bone and blood meals, molasses, and fish emulsions are some of the organic materials used to develop organic fertilizers. Organic fertilizers promote healthy soil and are considered as a more environmentally friendly solution. Organic fertilizers enable loosen of soil, retain more moisture & nutrients and also promote healthy growth of micro-organism which ultimately encourages the healthy growth of plants. Organic fertilizers reduce the need for pesticides that contain chemicals that are useful as well as harmful to the soil.
The global organic fertilizer market is projected to reach around US$ 12.5 billion by the end of 2027, in terms of revenue, growing at CAGR of 7.2% during the forecast period (2019-2027).
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The global organic fertilizer market has witnessed significant growth in recent past years, owing to favorable growth of organic agricultural practices all over the world coupled with regional government initiatives to promote organic farming is bolstering growth of global organic fertilizers market. According to Research Institute of Organic Agriculture (FiBL) report, in 2015, over 50.9 million hectares of land is occupied by organic agricultural activities. The regions with the largest areas of organic agricultural land are Oceania (22.8 million hectares, which is almost 45% of the world’s organic agricultural land) and Europe (12.7 million hectares, 25 %). The countries with the most organic agricultural land are Australia (22.7 million hectares), Argentina (3.1 million hectares), and the U.S (2 million hectares).
Global Organic Fertilizer Market, By Source:
Global Organic Fertilizer Market, By Application:
Cereals and Crops
Fruit and Vegetables
Lawns and Turfs
Key companies covered as a part of this study includes Italpollina spa, ILSA S.p.A, Biostar Renewables, Plantin, Sustane Natural Fertilizer Inc., True Organic Products Inc., California Organic Fertilizers Inc., The Fertrell Company, Purely Organics LLC, Pupuk Kaltim, and Qingdao Sonef Chemical Co., Ltd.
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