July 2022
17 Sep 2024
The global organic fertilizers market surpassed USD 11.65 billion in 2023 and is estimated to cross around USD 20.71 billion by 2033, growing at a CAGR of 5.92% during the forecast period.
Subliminally or in the subconscious allowing climate change to have a huge effect on everything. What is drawing attention to this idea is that organic fertilizer is produced from naturally occurring materials such as animal waste, agricultural waste, vermicast and cow dung. The emphasis over such natural factors by consumers is seen to act as a major factor for the organic fertilizers market. These are used for enhancing soil fertility and plant growth because they contain a lot of organic matter and minerals. Among its numerous advantages are the following; organic fertilizers increase water retention in the soil for various crops.
Increasing Consumer Awareness along with their Concern for Health Boosting the Demand of Organic Fertilizer.
Consumers are becoming more aware of how healthy or unhealthy they are. They would like to spend more on organic commodities following an increased perception of the health benefits related to the purchase of organic foodstuffs. People go for naturally developed goods for heath conscious living to minimize on the use of chemicals. The whole concept of the LWP is changing and the trend towards natural and plant products is growing, which has become fashionable in the last few years. This is because due to one toxic chemical or disease after the other, customers are shifting towards organic food goods and the government is even promoting these products. Therefore, to grow natural and organic food crops, the producers need to use organic fertilizers. This will go a long way to increase future demands for organic fertilizer cross the entire India.
Recent Innovations
| Company Name | Yara |
| Headquarters | Headquarters |
| Recent Development | In July 2023, Yara revealed its first water-soluble fertilizer facility in China |
| Company Name | K+S Aktiengesellschaft |
| Headquarters | Kassel, Germany |
| Recent Developments | In November 2023, K+S Aktiengesellschaft established a factory for crystalline water-soluble fertilizer monoammonium phosphate (MAP). |
Asia Pacific led the organic fertilizers market in 2023. This has been credited to high profitability levels and a strong export market hence and the expansion of area under cultivation of organic agriculture is expected to drive the sales of organic fertilizers within the region. The concern that has been placed on the environmental factors prompted the use of organic fertilizers. The high cost in these chemical fertilizers also the market pressure from governments towards the practice of organic farming is fuelling its adoption among farmers. Biofertilizers are used as a means to enhance the quality of the soil because they do not remove nutrients from the soil but they enhance the quality of the soil and its fertility.
North America is seen to generate a notable growth rate in the organic fertilizers market during the forecast period. Organic foods have continuously grown in popularity in the United States to the latter in the last decade. For this reason, not only specialized organic foods stores sell organic foods bur also traditional supermarket or discounters more widely known specialized organic food foods in United States include whole foods market popularly established in Austin, Texas United States is the largest organic foods store in the United States.
On the other hand, Europe is observed to hold a considerable share of the market in the upcoming years. Main consumers in the region are Germany, Italy, France, United Kingdom and Spain because they are responsible for over 60% of the organic fertilizer’s market in the region. It is for this reason that the level of adoption of organic fertilizer is expected to rise given that a higher number of organic farms are expected in most region of the country.
This has created a rise in the usage of bio-based organic fertilizers due to environmental enhancement consideration. The rise in the price of chemical-based fertilizers and pressure from governments to adopts natural methods of farming are some of the factors that are helping farmers go organic. Because of the propitious regulatory environment in the European region, the largest consumer of organic fertilizer exists in Europe.
It is important to underline that the volume of potential growth is predominantly in the organic fertilizers market, which circulation intensity increases when focus on soil health and sustainable agriculture. Hence organisations innovate to capture these opportunities through superior organic fertilisers that in addition to delivering the required nutrients to the plants serve to alter the structural formation of the soil and the activity of microorganisms. Therefore, the outlook such as that the Asia-Pacific market as a potential market with increasing requirement of bio-based fertilisers that would help improve the health of the soil while practicing sustainable farming. For instance, a case presented by the united State showed how use of biochar-based organic fertilizers acts as a catalyst to enhance yields of crops, carbon in the soil hence creating a market opportunity for companies in this niche.
| Report Attribute | Key Statistics |
| Market Revenue in 2024 | USD 12.34 Billion |
| Market Revenue by 2033 | USD 20.71 Billion |
| CAGR | 5.92% |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | Asia Pacific |
| Base Year | 2023 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Organic Fertilizers Market Segments
By Product
By Crop Type
By Source
By Form
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