Global Organic Fertilizer Market (Factor COVID-19) – Growth Outlook, Competition Analysis, Regional Insights, Market Trend Analysis, SWOT Analysis, and Forecast 2021-2026

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Organic fertilizer is expected to experience rapid growth over the next four years. According to World Knowledge Information (WKI) “Global Organic Fertilizer Professional Survey Report 2021, Forecast to 2026”, consumers become more aware of the harmful effects of chemical fertilizers, pesticides and drugs, increase their awareness of environmental protection and increase the demand for organic products, it is expected to promote the market development of organic fertilizer industry. The compound annual growth rate (CAGR) for the period 2021-2026 is expected to be 9.3% based on the WKI regression analysis model.

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Analysts’ point of view:

“The price advantage of synthetic fertilizers is a brake on the development of the organic fertilizer market. said Amy, senior analyst, Agriculture Market Research Center at WKI. “Farmers in developing and relatively backward countries have a poor understanding of organic fertilizers. Participants who can first explore these markets will be profitable.

Market Snapshot:

Organic fertilizer is made from plant, animal, human and animal manure. Organic fertilizer enriches the soil, plants and also benefits insects. These fertilizers are durable, perishable and environmentally friendly. Besides being a fertilizer for plants, organic fertilizers can also regulate the soil. Ever-changing agricultural practices, increasing investment in R&D, and increasing attention to food security due to population growth are expected to provide huge growth opportunities for the organic fertilizer market. Changing the perspective of farmers and consumers on environmentally friendly products is also expected to promote the growth of organic fertilizer market during the forecast period. Favorable government measures and subsidies have also ensured the development of the organic fertilizer market. For example, according to CAP policy, the European government’s rural development plan set a budget of 30% to support organic farming. Targeted subsidies for organic farming, market investments, capacity expansion and research support are important government measures, which are expected to benefit organic fertilizer sales in the coming years.

Competition landscape:

This WKI market report is designed to help clients improve their market position, and in accordance with it, this report provides detailed analysis of several leading organic fertilizer companies which include BioStar Organics, CropAgro, Fertikal, Italpollina, True Organic Products and others.

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Segmentation of the organic fertilizer market:

Depending on the type of crop, the organic fertilizer market is divided into grains, fruits and vegetables, oilseeds and beans. Since grains are one of the most important staple foods in the world, the grain market represents the largest share of the world market. According to the form, the market is divided into dry and liquid. The dry process segment accounted for the largest share of the global market. Dry organic fertilizers can be made from a single material (such as rock phosphate) or from a mixture of different components. These fertilizers are profitable; they do not require the use of advanced computer equipment, so they are widely used by farmers. The demand for organic fertilizers of animal origin will increase the most in the organic fertilizer market. The growth in sales of organic animal fertilizers will be mainly supported by its high nutritional value, rapid response, low demand for quantity, easy availability and abundance of animal manure. On the basis of application, the organic fertilizer market can be divided into Diffusion, Fertilization, and Foliar Application. Diffusion method should occupy an important part because it is cheap, efficient and easy compared to other methods. In addition, the increasing adoption rate of advanced broadcast equipment has further supported the growth of this market segment.

Organic Fertilizers Market: Regional Analysis

In terms of geography, the global organic fertilizer market has been segmented into: North America, Asia-Pacific, Europe, South America, Middle East and Africa. Europe represents the main market share of the organic fertilizer market. This can be attributed to regulatory support and government promotion and subsidies. Growing awareness of the environmental impact of synthetic agricultural fertilizers, coupled with growing consumer preference for natural products, will drive business growth. France is expected to dominate the market in this region. This is mainly due to the fact that France is the EU’s leading agricultural producer and the world’s leading exporter of agricultural and secondary products. Food production accounts for a third of all food production in Europe. According to the region, the Asia-Pacific region is expected to have the highest compound annual growth rate during the forecast period. The rapid growth of the region is due to increased per capita income and increased demand for organic food. At the same time, advances in communication technologies have made populations aware of the dynamics of growth and health, thus promoting the development of this market on a global scale, particularly in developing countries such as Brazil and India. .

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