According to a new market report published by Lucintel, the future of the organic fertilizer market looks promising with opportunities in the farming and gardening applications. The organic fertilizer market is expected to reach an estimated $17.4 billion by 2027 with a CAGR of 10.6% from 2021 to 2027. The major drivers for this market are increasing consumption of organic food, favorable government regulations, and ease in availability of organic waste.
Browse 108 market data tables and 103 figures spread through 195 pages and in-depth TOC on “Global Organic Fertilizer Market"
In this market, cereals and grains, oilseeds and pulses, fruits and vegetables, and others are the major crop types. Lucintel forecasts that organic fertilizers for cereals and grains will remain the largest segment over the forecast period due to increasing demand of organic grains across the globe.
Within this market, dry and liquid are the major forms of organic fertilizer market. Lucintel forecasts that dry will remain the largest segment by form over the forecast period.
In this market, plant, animal, and mineral are the major sources. Lucintel forecasts that animal will remain the largest segment over the forecast period because of increasing usage of bone meal, blood meal, animal manure, and fish meal due to their growth nutrients, is a significant growth attribute for the market.
Within this market, farming and gardening are the major application of organic fertilizer. Farming will remain the largest segment by application type over the forecast period due to growing consumption of organic cereals and grains.
Europe will remain the largest market over the forecast period due to development in the field of organic farming and increasing demand for organic food products in the region.
Scotts Miracle-Gro Co., Tata Chemicals, Coromandel, National Fertilizers Ltd, Nature Safe, Hello Nature, Krishak Bharati Cooperative Ltd, Southern Petrochemical Industries Corporation, Perfect Blend, Midwestern BioAg, ILSA, and SusGlobal Energy Corp are among the major organic fertilizer manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global organic fertilizer market by source, crop type, form, application, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Organic Fertilizer Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global organic fertilizer market by source, crop type, form, application, and region as follows:
By Source [Value ($M) shipment analysis for 2016 – 2027]:
•Plant
•Animal
•Mineral
By Crop Type [Value ($M) shipment analysis for 2016 – 2027]:
•Cereals and grains
•Oilseeds and pulses
•Fruits and vegetables
•Others (floriculture crops, permanent crops, pasture, grasslands, and other agricultural crops)
By Form [Value ($M) shipment analysis for 2016 – 2027]:
•Dry
•Liquid
By Application [Value ($M) shipment analysis for 2016 – 2027]:
•Farming
•Gardening
By Region [Value ($M) shipment analysis for 2016 – 2027]:
•North America
•Europe
•Asia Pacific
•The Rest of the World
This 195-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/organic-fertilizer-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the global organic fertilizer market by source (plant, animal, and mineral), crop type (cereals and grains, oilseeds and pulses, fruits and vegetables, and others), form (dry and liquid), application (farming and gardening), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?