Press Release

Europe to Continue its Dominance in Organic Fertilizers Market until 2023

Reducing soil nutrient content due to use of chemical fertilizers and pesticides coupled with growing demand for organic food products to fuel global organic fertilizer market through 2023

According to TechSci Research report, “Global Organic Fertilizer Market By Source, By Crop Type, By Form, By Region, Competition Forecast & Opportunities, 2013 – 2023’’, the global organic fertilizer market is forecast to around $ 10 billion by 2023, owing to rising demand for natural and organic fertilizers-based crop products among consumers across the globe. Excessive use of chemical fertilizers and pesticides in agriculture lands is fast deteriorating the soil nutrient quality, which is boosting demand for organic fertilizers to revitalize the nutrient content of the soil. Growing consumer awareness regarding the advantages of organic products is making an increasing number of farmers across the globe to use organic fertilizers. Moreover, rising number of health-related issues due to consumption of fruits and vegetable grown with chemical fertilizers is augmenting demand for organic fertilizers in the cultivation of these products over the coming years.

Browse 418 market data Figures and Tables spread through 238 Pages and an in-depth TOC on "Global Organic Fertilizer Market"

 Animals and plants are the major sources used to produce organic fertilizers. In 2016, animal-based organic fertilizers, which include bone meal, blood meal, milk, manure and others, garnered the largest share in the global organic fertilizer market. Higher phosphorus, calcium and other nutrient content of animal-based organic fertilizers promotes flower growth and supports the root strength development. Additionally, growing government regulations regarding the adoption of sustainable agriculture methods to produce cereals, oilseeds, and fruits & vegetables is anticipated to drive the consumption of organic fertilizers, globally, in the coming years. Based on crop type, the global organic fertilizer market is segmented into categories, namely, fruits & vegetables, cereals, oilseeds and others. Fruits & vegetables segment generates the highest demand for organic fertilizers, backed by rising preference for high nutrient and organic diet among health-conscious consumers.

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“As liquid-based organic fertilizers are easy to use and more effective than granular formulations, their share in the global market would continue to increase in the coming years. Presently, Europe is the largest market for organic fertilizers, supported by rising government subsidies to farmers and stringent environmental regulations regarding waste minimization and waste reutilization. Though Europe is anticipated to continue its dominance as the largest market for organic fertilizers, Asia-Pacific is expected to witness fastest growth during the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Organic Fertilizer Market By Source, By Crop Type, By Form, By Region, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of the global organic fertilizer market and provides statistics and information on market size, structure and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global organic fertilizer market. 

About TechSci Research

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