Organic Fertilizers Market 2021 Growing at a CAGR of 10.6% and Emerging Trends in the Market

The organic fertilizers market was valued at US$ 6,181.99million in 2018 and is projected to reach US$15,168.62million by 2027; it is expected to grow at a CAGR of 10.6%from2019to 2027.

Organic fertilizers’s main function is to offer nutrients in organic forms that arederived from organic materials of plant or animal origin. The organic fertilizers provide sustainable agricultural benefits to farmers, growers, consumers, and protects the environment at large. These fertilizers are free from harmful chemicals that can cause water pollution, air pollution, acidification of soil, and chemical burns to crops.

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Top Key Players:- AgroCare Canada, Inc; Biostar Renewables, LLC; Coromandel International Limited; Italpollina S.p.A; Midwestern BioAg; Perfect Blend, LLC; Sustane Natural Fertilizer, Inc; National Fertilizers Limited;Krishak Bharati Cooperative Limited; and The Scotts Miracle-Gro Company

They nurture the soil with organic matter that reduces the dependency on chemical inputs and boosts the nutrient efficiency of soil. The organic fertilizers restore and maintain soil fertility to nurture plant growth. They enhance the biological activities & biodiversity in the soil. The organic fertilizers boosts the water efficiency of the soil, which in turn makes the crops more resilient and drought resistant.

Organic fertilizers are producedfrom natural sources such as animal matter, manure, vegetable matter, and human excreta. It is a vital element that promotes the growth of micro-organisms present in the soil. The nutritional content of the organic fertilizer depends upon its composition. Organic fertilizers are easy to use and are also food safe compared to synthetic fertilizers. Synthetic fertilizers can cause harm to the environment as well as to the living creatures, due to which the companies have developed organic fertilizers to reduce the damage.

The report segments the global organic fertilizersmarket as follows:

By Source

• Plant
• Animal
• Mineral

By Crop Type

• Cereals and Grains
• Oilseed and Pulses
• Fruits and Vegetables

By Form

• Dry
• Liquid

The COVID-19 outbreak was first reported in Wuhan (China) in December 2019, and since then, it has spread at a fast pace globally. Lockdowns, travel bans, and business shutdown measuresimplemented to the spread of infection have led to the limitations on the supplies of chemical and materials products. This represents a significant loss for organic fertilizers manufacturers.

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