According to a new market report by Lucintel, the future of the organic fertilizer market looks promising with opportunities in the agriculture sector. The organic fertilizers market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increasing consumer awareness pertaining to harmful effects of synthetic & chemical fertilizers and growing demand for chemical-free food products.
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In this market, plant, animal, and mineral are the sources of organic fertilizers. Animal is the largest source of organic fertilizer in the organic fertilizer market. Dry and liquid forms are the major forms of organic fertilizers.
Europe will remain the largest market over the forecast period due to increase in government subsidies and financial aid promoting product usage organic fertilizers.
Tata Chemicals Limited, The Scotts Miracle-Gro Company, Coromandel International Limited, National Fertilizers Limited, Krishak Bharati Cooperative Limited, Midwestern BioAg, Italpollina SpA, ILSA S.p.A, Perfect Blend, Sustane Natural Fertilizer, Inc., BioStar Systems, LLC, AgroCare Canada, Inc., and Nature Safe are among the major manufacturers of organic fertilizers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the organic fertilizer market by source, form, crop type, application, and region. Lucintel has prepared a comprehensive research report entitled "Organic Fertilizer Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the organic fertilizers market by source, form, crop type, application, and region as follows:
By Source [$M shipment analysis for 2013 – 2024]
By Form [$M shipment analysis for 2013 – 2024]:
By Crop Type [$M shipment analysis for 2013 – 2024]:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others (floriculture crops, permanent crops, pasture, grasslands, and other agricultural crops)
By Application [$M shipment analysis for 2013 – 2024]:
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
India
Japan
South Korea
Rest of the World (RoW)
Middle East
South Africa and South America
This 150-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 helpdesk@lucintel.com.
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