Organic Food Sales to Spearhead in the US, so is the Demand for Organic Fertilizers
United States has been witnessing increasing consumption of organic food since past 2 years. In 2018, sales of organic food in the US grew by 4.6%, according to OTA (Organic Trade Association). This number has been surpassed as sales of organic food reached US$ 56.4 Bn in 2020, with a 12.8% increase in growth rate, says OTA. Moreover, COVID-19 scenario expedited this as consumer view shifted from restaurants towards home-cooked healthy organic food, in turn giving an unprecedented impetus to the use of organic fertilizers. Against this backdrop, organic fertilizers in the US are expected to witness a growth pathway in the following years.
Promotion of Environment Friendly Strategies and R&D to Influence Sales of Organic Fertilizers
Lucrative growth opportunities are in the offing as regulatory authorities are focusing on environment friendly measures in the agriculture domain. For instance, March 2021 witnessed a key move made by The Agriculture, Forestry and Fisheries Ministry of Japan. The strategic move was to promote eco-friendly approaches in Japan’s agriculture industry that covered reduction in usage of pesticides and other chemicals by half by end of 2050.
Additionally, research and development in the organic fertilizer domain is likely to present prospective opportunities for manufacturers. For instance, an agreement was signed between JK Lake & Waterways Authority and CEF Group, an organic fertilizer manufacturer along with National Agricultural Cooperative Marketing Federation of India to use weeds from Dal Lake to produce organic fertilizers for 25 years. Such initiatives are likely to induce a swell in sales of organic fertilizers in the years to follow.
Europe to Go Green with Organic Fertilizers – A Commendable Stance from EU to make Farming Sustainable
Recently, the European Union has restructured rules on use of fertilizers that are mined and made from chemicals. These have a slow yet an inverse impact on soil and environment. Moreover, with rising population, the demand for food has pervasive making it imperative for governments to boost production. Trend of going green has been observed as farmers are opting to use organic fertilizers to make agriculture more productive. Aspects such as upsurge in organic farms and growing awareness around sustainable agriculture coupled with favorable government initiatives are fuelling the sales of organic fertilizers.
Initially, EU fertilizer regulation allowed free movement of traditional fertilizers and the ones produced organically (organic fertilizers) would stay in the country where they were developed. However, considering the on-going awareness trend, EU has changed the rules and organic fertilizers will have CE marking, allowing them to move freely, marketed and sold across all EU states. Such initiatives are proving healthy for increasing the demand for organic fertilizers in turn contributing to overall market scenario of organic fertilizers in Europe.
Indian Market for Organic Fertilizers Likely to Witness Boost in the Years to Follow
Developing countries such as India have always been the focus of companies across various industries, and organic fertilizers are no exception. Agriculture being the backbone of Indian economy, sales of organic fertilizers across several states are likely to soar in the coming years. This can be attributed towards growing concerns regarding use of traditional fertilizers and their greenhouse emissions. Moreover, the trend of going organic has proliferated globally. The Indian government is urging farmers to switch to organic farming by providing them incentives and carrying out favorable initiatives. For instance, organic farming policy will be implemented in Andhra Pradesh. This will be supported by providing economical machinery via CHS (Community Hiring Centers).
In addition, export scenario of organic fertilizers from India are likely to strengthen. Recently, Sri Lanka was importing organic fertilizers from China, which was stopped owing to the discovery that Chinese organic fertilizers have harmful bacteria. India will be supporting Sri Lanka by providing organic fertilizers in the coming years and this handshake is expected to boost moral for manufacturers of organic fertilizers in the country.
Players in the organic fertilizers market have been focusing on entering into strategic alliances and M&A. for instance in 2019, Perdue Farms and Bioenergy DevCo entered into a partnership to acquire organic fertilizers processing facility in a bid to supply organic fertilizers. Biostar Renewables, Sustane Natural Fertilizer Inc., True Organic Products LLC, Coromandel International Limited, Nature Safe, NationalFertilizers Limited and Italpollina SpA, are few of the companies operating in the organic fertilizers market.
Regional Classification of the Global Organic Fertilizers Market is Listed Below:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
*Regions and countries are subject to change based on data availability.
Key Elements Included In The Study: Global Organic Fertilizers Market
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1. Executive Summary
1.1. Global Organic Fertilizers Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.1.1. Driver A
2.2.1.2. Driver B
2.2.1.3. Driver C
2.2.2. Restraints
2.2.2.1. Restraint 1
2.2.2.2. Restraint 2
2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 Impact Analysis
2.5.1. Pre-Covid and Post-Covid Scenario
2.5.2. Supply Impact
2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Economic Analysis
2.9. PESTLE
3. Production Output and Trade Statistics, 2018-2022
3.1. Regional Production Statistics
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
3.2. Trade Statistics
4. Price Trends Analysis and Future Projects, 2018 - 2030
4.1. Key Highlights
4.2. Prominent Factors Affecting Prices
4.3. By Product
4.4. By Region
5. Global Organic Fertilizers Market Outlook, 2018 - 2030
5.1. Global Organic Fertilizers Market Outlook, by Origin, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Plant
5.1.1.2. Mineral
5.1.1.3. Animal
5.2. Global Organic Fertilizers Market Outlook, by Form, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. Solid
5.2.1.2. Liquid
5.3. Global Organic Fertilizers Market Outlook, by Crop Type, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.3.1. Key Highlights
5.3.1.1. Fruits & Vegetables
5.3.1.2. Row Crops
5.3.1.3. Cereals & Pulses
5.3.1.4. Turf & Ornamentals
5.3.1.5. Misc.
5.3.2. BPS/Market Attractiveness Analysis
5.4. Global Organic Fertilizers Market Outlook, by Region, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.4.1. Key Highlights
5.4.1.1. North America
5.4.1.2. Europe
5.4.1.3. Asia Pacific
5.4.1.4. Latin America
5.4.1.5. Middle East & Africa
5.4.2. BPS/Market Attractiveness Analysis
6. North America Organic Fertilizers Market Outlook, 2018 - 2030
6.1. North America Organic Fertilizers Market Outlook, by Origin, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Plant
6.1.1.2. Mineral
6.1.1.3. Animal
6.2. North America Organic Fertilizers Market Outlook, by Form, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. Solid
6.2.1.2. Liquid
6.3. North America Organic Fertilizers Market Outlook, by Crop Type, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. Fruits & Vegetables
6.3.1.2. Row Crops
6.3.1.3. Cereals & Pulses
6.3.1.4. Turf & Ornamentals
6.3.1.5. Misc.
6.4. North America Organic Fertilizers Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
6.4.1. Key Highlights
6.4.1.1. U.S.
6.4.1.2. Canada
6.4.2. BPS/Market Attractiveness Analysis
7. Europe Organic Fertilizers Market Outlook, 2018 - 2030
7.1. Europe Organic Fertilizers Market Outlook, by Origin, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Plant
7.1.1.2. Mineral
7.1.1.3. Animal
7.2. Europe Organic Fertilizers Market Outlook, by Form, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
7.2.1. Key Highlights
7.2.1.1. Solid
7.2.1.2. Liquid
7.3. Europe Organic Fertilizers Market Outlook, by Crop Type, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
7.3.1. Key Highlights
7.3.1.1. Fruits & Vegetables
7.3.1.2. Row Crops
7.3.1.3. Cereals & Pulses
7.3.1.4. Turf & Ornamentals
7.3.1.5. Misc.
7.4. Europe Organic Fertilizers Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
7.4.1. Key Highlights
7.4.1.1. Germany
7.4.1.2. France
7.4.1.3. U.K.
7.4.1.4. Italy
7.4.1.5. Spain
7.4.1.6. Russia
7.4.1.7. Rest of Europe
7.4.2. BPS/Market Attractiveness Analysis
8. Asia Pacific Organic Fertilizers Market Outlook, 2018 - 2030
8.1. Asia Pacific Organic Fertilizers Market Outlook, by Origin, Volume (Kilo Tons) and Value (US$ Mn), 2018-2030
8.1.1. Key Highlights
8.1.1.1. Plant
8.1.1.2. Mineral
8.1.1.3. Animal
8.2. Asia Pacific Organic Fertilizers Market Outlook, by Form, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. Solid
8.2.1.2. Liquid
8.3. Asia Pacific Organic Fertilizers Market Outlook, by Crop Type, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. Fruits & Vegetables
8.3.1.2. Row Crops
8.3.1.3. Cereals & Pulses
8.3.1.4. Turf & Ornamentals
8.3.1.5. Misc.
8.4. Asia Pacific Organic Fertilizers Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
8.4.1. Key Highlights
8.4.1.1. China
8.4.1.2. Japan
8.4.1.3. South Korea
8.4.1.4. India
8.4.1.5. Southeast Asia
8.4.1.6. Rest of Asia Pacific
8.4.2. BPS/Market Attractiveness Analysis
9. Latin America Organic Fertilizers Market Outlook, 2018 - 2030
9.1. Latin America Organic Fertilizers Market Outlook, by Origin, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
9.1.1. Key Highlights
9.1.1.1. Plant
9.1.1.2. Mineral
9.1.1.3. Animal
9.2. Latin America Organic Fertilizers Market Outlook, by Form, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
9.2.1. Key Highlights
9.2.1.1. Solid
9.2.1.2. Liquid
9.3. Latin America Organic Fertilizers Market Outlook, by Crop Type, Volume (Kilo Tons) and Value (US$ Mn), 2018-2030
9.3.1. Key Highlights
9.3.1.1. Fruits & Vegetables
9.3.1.2. Row Crops
9.3.1.3. Cereals & Pulses
9.3.1.4. Turf & Ornamentals
9.3.1.5. Misc.
9.4. Latin America Organic Fertilizers Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
9.4.1. Key Highlights
9.4.1.1. Brazil
9.4.1.2. Mexico
9.4.1.3. Rest of Latin America
9.4.2. BPS/Market Attractiveness Analysis
10. Middle East & Africa Organic Fertilizers Market Outlook, 2018 - 2030
10.1. Middle East & Africa Organic Fertilizers Market Outlook, by Origin, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
10.1.1. Key Highlights
10.1.1.1. Plant
10.1.1.2. Mineral
10.1.1.3. Animal
10.2. Middle East & Africa Organic Fertilizers Market Outlook, by Form, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
10.2.1. Key Highlights
10.2.1.1. Solid
10.2.1.2. Liquid
10.3. Middle East & Africa Organic Fertilizers Market Outlook, by Crop Type, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
10.3.1. Key Highlights
10.3.1.1. Fruits & Vegetables
10.3.1.2. Row Crops
10.3.1.3. Cereals & Pulses
10.3.1.4. Turf & Ornamentals
10.3.1.5. Misc.
10.4. Middle East & Africa Organic Fertilizers Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
10.4.1. Key Highlights
10.4.1.1. GCC
10.4.1.2. South Africa
10.4.1.3. Rest of Middle East & Africa
10.4.2. BPS/Market Attractiveness Analysis
11. Competitive Landscape
11.1. Company Market Share Analysis, 2021
11.2. Competitive Dashboard
11.3. Company Profiles
11.3.1. Yara International
11.3.1.1. Company Overview
11.3.1.2. Product Portfolio
11.3.1.3. Financial Overview
11.3.1.4. Business Strategies and Development
(*Note: Above details would be available for below list of companies based on availability)
11.3.2. Israel Chemicals Ltd. (ICL)
11.3.3. Midwestern BioAg
11.3.4. Hello Nature International
11.3.5. Biolchim Spa
11.3.6. Perfect Blend LLC
11.3.7. Fertoz Ltd.
11.3.8. Queensland Organics
11.3.9. Coromandel International Limited
11.3.10. Southern Petrochemical Industries Corporation Ltd.
11.3.11. Fertikal NV
12. Appendix
12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations
Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.
View Methodology