Organic Fertilizers Market Size & Share, by Source (Animal, Plant, Mineral); Crop Type (Cereals, Grains, Oilseeds, Pulses, Fruits, Vegetables); Nutrient Content (More than 60%, 40-60%, 20-40%)-Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 446
  • Published Date: Mar 27, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Organic Fertilizers Market size is expected to reach USD 26 Billion by the end of 2036, growing at a CAGR of 7.5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of the organic fertilizers was USD 11 Billion and the reason behind this growth is impelled by the growing focus on organic farming practices along with the high availability of raw materials. The rising demand for organic food products, and the health and fitness benefits associated with organic products. According to a report, sales of organic food increased from approximately USD 18 billion in 2000 to over USD 134.76 billion in 2022.

Furthermore, the high demand for organic fertilizers is fueled by factors such as the need to overcome mineral deficiencies in soil, ensure food security for growing populations, and improve crop yields while focusing on product performance, technical competence, quality, and price.


organic fertilizers Market
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Organic Fertilizers Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing interest in organic agriculture - The rising awareness about the benefits of organic agriculture, such as its sustainability, nutritional value, and health benefits, has driven growth in the organic fertilizer market. Organic Natural farming is the fastest-growing sustainable agricultural practice in India and it has been adopted by more than 800,000 farmers.
  • Increasing demand for sustainable agricultural production -The growing awareness of the negative environmental impacts of synthetic fertilizers has led to an increase in demand for organic fertilizers.
  • Growing concerns over food safety - The use of synthetic fertilizers has been linked to the development of contamination and dangerous chemical levels in food products, leading to growing concerns over food safety. In contrast, organic fertilizers offer a natural and sustainable source of nutrients that can reduce the risk of contaminants.
  • Growing environmental awareness - The growing awareness of the importance of environmental protection has led to an increased demand for sustainable and eco-friendly agricultural production. Organic fertilizers can fulfill this growing demand and provide sustainable options for farmers.
  • Government policies and initiatives - The various government policies and initiatives, including regulatory requirements, subsidies, and support, have driven the growth of organic farming and fertilizers.
  • Changing consumer preferences - Consumers are increasingly demanding sustainable and healthy food options. The growing popularity of organic food and the growing demand for organic fertilizers to satisfy this demand have fueled the growth of the organic fertilizers market.
  • Increasing investments - Investors are also playing a role in driving the growth of the market by providing funding for development, research, and production.

Challenges

  • High production costs - The production of organic fertilizers involves considerable costs, such as labor and material costs, which make its production costlier than synthetic fertilizers.
  • Limited availability of organic waste - Organic waste such as manure, which is a popular organic fertilizer, can be limited in availability and production.
  • Limitations in output - The yield of organic fertilizers can be limited due to factors such as environmental conditions (temperature, soil type, moisture).

Organic Fertilizers Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~7.5%

Base Year Market Size (2023)

~ USD 11 Billion

Forecast Year Market Size (2036)

~ USD 26 Billion

Regional Scope

  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • North America (U.S., and Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Organic Fertilizers Segmentation

Source (Animal, Plant, Mineral)

The animal source is estimated to gain a robust market share of 63% in the coming years owing to the sustainability that it provides in terms of nutrients without depleting non-renewable resources, as animal-based sources consist of meat, poultry, fish, animal by-products, and many more. Animal-based fertilizers also reduce the quantity of waste being disposed of, providing a circular and eco-friendly solution. While providing high environmental benefit, as it removes certain toxins or pollutants from waste materials. According to the latest data from the FAOSTAT, in 2021, world agriculture used 108 million tonnes of nitrogen, 45 million tonnes of phosphorus, and 42 million tonnes of potassium fertilizers.

Crop Type (Cereals, Grains, Oilseeds, Pulses, Fruits, Vegetables)

The cereals and pulses segment is set to garner a notable share shortly and is likely to remain the second largest segment in the application of the organic fertilizers market as its use can improve yield, leading to higher and more profitable crops. The use of organic fertilizers can also improve the nutrient balance in the soil, allowing for the proper development of cereals and pulse crops. Moreover, when crops are grown in healthy, nutrient-rich soil, cereal and pulse crops are more resistant to pests and diseases.

Nutrient Content (More than 60%, 40-60%, 20-40%)

The presence of organic substances from 40% to 60% % in agricultural soil segment is estimated to hold a noteworthy share as

The presence of organic substances in agricultural soil improves its quality, allowing for more sustainable and environmentally friendly farming practices, along with this the presence of organic substances in agricultural soil can also improve soil fertility, which aids in the growth of crops and increases yield. Moreover, the presence of organic substances can also reduce soil erosion and improve water retention, reducing degradation and soil moisture loss.

Our in-depth analysis of the global market includes the following segments:

          Source

  • Plant
  • Mineral
  • Animal

          Crop Type

  • Cereals
  • Grains
  • Oilseeds
  • Pulses
  • Fruits
  • Vegetables

           Nutrient Content

  • More than 60%
  • 40-60%
  • 20-40%

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Organic Fertilizers Industry - Regional Synopsis

North American Market Forecast

The organic fertilizers market in North America is estimated to have the largest share of approximately 38% in 2023, impelled by the growing demand for sustainable and eco-friendly agricultural practices, as farmers desire to achieve optimal yields while minimizing environmental impact. The increasing consumers' awareness of the negative impacts of synthetic chemicals in food products is driving the demand for organic food, thus boosting the organic fertilizer market. Moreover, the demand for chemical-free food products is on the rise, leading to an increased adoption of organic fertilizers sourced from natural materials. In 2018, organic market sales were US$47.86 billion, and the market grew by 6.3% from 2017 to 2018.

APAC Market Statistics

The Asia Pacific organic fertilizers market is estimated to be the second largest, during the forecast timeframe led by the higher demand for organic agriculture because it provides high-quality agricultural products as the necessity to ensure food security in the region, leading to high investments in research and development while the changes in farming practices in organic farming, leads to the development of the market.

Research Nester
organic fertilizers Market size
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Companies Dominating the Organic Fertilizers Landscape

top-features-companies
    • Hello Nature International Srl
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Karnataka Agro Chemicals
    • Coromandel International Limited
    • Midwestern BioAg
    • Perfect Blend, LLC
    • California Organic Fertilizers, Inc.
    • Biolchim S.p.A.
    • Queensland Organics
    • FertPro Manufacturing Pty Ltd.
    • National Fertilizers Limited
    • Fertoz Ltd.
    • SPIC Ltd
    • Suståne Natural Fertilizer, Inc.
    • Fertikal NV

In-the-news

In The News

  • ACI Biolife Fertilizer, and the Bangladesh Institute of Nuclear Agriculture (BINA) signed an MoU for Biofertilizer, i.e., Trichoderma development and testing. ACI Fertilizer is developing a Biofertilizer Lab at Jhikorgacha, Jessore, with support from BINA.
  • Windfall Bio closed a USD 9 million seed round led by UNTITLED to develop a solution to recover climate-damaging methane emissions and transform them into living organic fertilizer. Windfall Bio uses the capital to begin on-farm piloting while strengthening R and D operations.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 446
  • Published Date: Mar 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing demand for sustainable agricultural production and the growing interest in organic agriculture are the major factors driving the growth of the market.

The market size of organic fertilizers is anticipated to attain a CAGR of 7.5% over the forecast period, i.e., 2024-2036.

The major players in the market are Biolchim S.p.A., Queensland Organics, FertPro Manufacturing Pty Ltd., National Fertilizers Limited, Fertoz Ltd., SPIC Ltd, Suståne Natural Fertilizer, Inc., Fertikal NV, AKITA FOODS CO LTD, Nrs Corporation, and others.

The animal-based source segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Organic Fertilizers Market Report Scope
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