Global Organic Fertilizer Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018-2025

Published - Aug 2018 | Category - Agriculture | No. of Pages - 108 | Published By - ARC

Introduction

The global organic fertilizers market is projected to witness healthy growth during the forecast period. Organic fertilizers are derived from human waste, animal waste or vegetable matter. Naturally-occurring organic fertilizers consist of animal matter from meat processing industries, peat, slurries, manures and guano. As organic fertilizers are extracted from naturally-occurring substances, the risk of environmental damage is low. Use of organic fertilizers also reduces the risk of diseases in humans, as many fertilizers find their way to human food. Prominent organic fertilizers available in the market include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion, alfalfa meal, feather meal and rock phosphate. Selection of organic fertilizers is usually done after determining the nutrients required from the crop.

Market Drivers

The global market for organic fertilizer has witnessed steady growth owing to government support and favourable perception among farmers and end-users. The efficiency of organic fertilizers is slow and long time. As compared to chemical fertilizers, the production of organic fertilizers has less investment and high benefits. This factor is expected to augment the global organic fertilizers market over the forecast period. Owing to the eco-friendly nature of organic fertilizers, governments in many countries have subsidised the prices, making it easier for farmers to use it. Government and environmental policies minimizing wastage and reduction in the consumption of non-biodegradable raw materials has led to an increased production of organic fertilizers.


 

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