Global Organic Fertilizer Market Poised to Reach USD 15,994.2 Million by 2034 with a CAGR of 6.2%

Organic Fertilizer Market
Organic Fertilizer Market

 

The global organic fertilizer market is projected to grow significantly, with its size anticipated to reach approximately USD 15,994.2 million by 2034, up from USD 8,764.3 million in 2024. This growth reflects a robust compound annual growth rate (CAGR) of about 6.2% during the forecast period from 2024 to 2034. The increasing demand for sustainable agricultural practices, rising awareness about the benefits of organic farming, and supportive government policies promoting organic agriculture are key factors driving this market expansion. The shift towards eco-friendly fertilizers is also fueled by the growing consumer preference for organic food products and the need to enhance soil fertility and crop yield sustainably.

Increasing concerns about the environmental impact of synthetic fertilizers are estimated to propel organic fertilizer demand in the forecast period. Government bodies are set to conduct awareness campaigns among farmers and consumers to provide in-depth knowledge of the harmful effects of synthetic chemicals in fertilizers. Hence, sales of natural fertilizers that are free from toxic chemicals are likely to surge across the globe.

The commercialization and creation of novel fertilizer products worldwide are anticipated to bode well for the market. Leading companies are set to help address specific agricultural needs with the help of innovation. The launch of fortified fertilizers that blend both nutrients and natural minerals will likely provide more targeted and efficient nutrient profiles.

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Key Takeaways from the Market Report

  • The global organic fertilizer market is likely to witness a CAGR of 2% in the estimated period.
  • The global market is projected to reach USD 8,764.3 million in 2024.
  • The market is estimated to attain a value of around USD 15,994.2 million by 2034.
  • In terms of source, the plant-based fertilizer segment is set to dominate the market through 2034.
  • Based on form, dry organic garden fertilizers are anticipated to witness high demand globally.

“Increasing demand for organic food and beverages among millennial consumers is projected to create new growth avenues in the market. Key manufacturers are likely to invest in research activities to come up with novel fertilizers that would help farmers offer organic crops,” says a lead analyst at Future Market Insights (FMI).

Competitive Landscape

Start-ups in the market are augmenting development with new formulations and eco-friendly sourcing practices, appealing to niche markets and environmentally conscious consumers. This dynamic competition fosters continual improvement in product quality and variety, with companies differentiating through factors like product efficacy, sustainability credentials, and price competitiveness.

Established firms, on the other hand, leverage their extensive distribution networks and brand recognition to promote organic product lines, often integrating organic fertilizers with other sustainable agricultural solutions. The industry’s growth is set to be primarily supported by increasing investment in research and development, leading to advanced organic water-soluble fertilizer products that cater to diverse agricultural needs.

Industry Development-

  • In February 2024, SureSource Agronomy, headquartered in Ontario, introduced a new range of crop nutrient products. The products are derived from the discarded feed materials, exoskeletons, and excrement of crickets.

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Leading Organic Fertilizer Players

  • Hello Nature International Srl
  • Karnataka Agro Chemicals
  • Italpollina SpA
  • 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
  • Scotts Miracle-Gro Company
  • Suståne Natural Fertilizer, Inc.
  • Fertikal NV

Key Segments of Organic Fertilizer Market Report

By Source:

The industry is divided into plant, animal, and mineral.

By Crop Type:

Cereals and grains, oilseed and pulses, and fruits and vegetables are the key crop types.

By Form:

Dry and liquid are the two leading forms.

By Region:

Assessment of key countries across North America, Latin America, Europe, South Asia and Pacific, East Asia, and the Middle East and Africa is provided.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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