Global Organic Fertilizers Market Estimated to Reach US$ 6.40 Bn by 2025

Transparency Market Research has released a new market report titled “Organic Fertilizers by product (Peat based, Manure based and Others), by Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2025.” According to the report, the global organic fertilizers market was valued at US$ 3.37 Bn in 2016 and is projected to reach US$ 6.40 Bn by 2025 at a CAGR of 7.6% from 2017 to 2025.

Browse the full report at@ http://www.transparencymarketresearch.com/organic-fertilizers-market.html

Organic fertilizers are the fertilizers that act as soil conditioners and feed both the soil as well as plants. They form an integral part of organic farming as they help in maintaining the organic content of the soil. They are called organic fertilizers as they are made out of products of natural origin such as plants, animals, and minerals. Rising environmental and health hazards due to use of chemical fertilizers, is one of the major drivers for organic fertilizers market. Moreover, increasing health consciousness in the developed regions of the world is driving the organic food market and in turn the organic fertilizer industry.

In terms of volume and revenue, Europe held the largest share of more than 35% of the global organic fertilizers market in 2016. Government initiative towards use of organic fertilizers coupled with increasing demand from the organic food industry are the major factors contributing to the growth of organic fertilizers market in this region. However, Europe and North America are estimated to grow at a slow rate during the forecast period.

Asia Pacific is anticipated to grow at highest CAGR compared to other regions during the forecast period. It is estimated to grow at CAGR of more than 7% in terms of value during the forecast period. China contributed the largest share in Asia Pacific and is likely to remain a dominant market in next eight years. Government support for the organic fertilizer producers and users is the major driver of the organic fertilizers market in Asia Pacific. Current penetration of organic fertilizers in Latin America and Middle East & Africa is least compared to other regions. However, these regions are expected to grow at a significant rate during the forecast period.

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The global organic fertilizers market is a fragmented market. Some of the major players include Potash Corp., ScottsMiracle-Gro, Itallpolina SpA, BioStar Organics, Sustane Natural fertilizers, Talborne Organics, Mycsa Ag., Bodisen Biotech, Inc., Protan Ag.

Organic fertilizers Market: By product

  • Peat based

  • Manure based

  • Others

Organic fertilizers Market: By application

  • Cereals & grains

  • Oilseeds & pulses

  • Fruits & vegetables

  • Others (Nurseries, Turf etc.)

Organic fertilizers Market: Regional Analysis

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • France

    • Russia

    • Spain

    • CIS

    • Greece

    • Ukraine

    • Italy

    • Serbia

    • Rest of Europe

  • Asia Pacific

    • China

    • India

    • ASEAN(Ex Indonesia &Vietnam)

    • Indonesia

    • Vietnam

    • Japan

    • Australia

    • Rest of Asia Pacific

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Rest of Latin America

  • Middle East & Africa (MEA)

    • South Africa

    • Iran

    • Israel

    • Nigeria

    • Morocco

    • Saudi Arabia

    • Egypt

    • Rest of Middle East & Africa

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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