The global organic fertilizer industry is projected to reach USD 15,994.2 million by 2034, with sales growing at a robust CAGR of 6.3% from 2024 to 2034. Estimated to be valued at USD 9,248.6 million in 2024, the market is driven by increasing global food demands, necessitating higher agricultural production.
This growth is further supported by a rising awareness of the negative impacts of chemical fertilizers and the benefits of organic alternatives. The burgeoning global population has led to an escalated demand for food, requiring enhanced agricultural productivity. While chemical fertilizers have historically been used to boost crop yields, their adverse effects on soil quality, plant health, animals, and humans have spurred a shift towards more sustainable options.
Chemical fertilizers contribute to soil erosion, land degradation, and water contamination. Their extensive use harms the ecosystem, as fertilizer runoff can pollute soil, surface water, and groundwater, and release pollutants into the atmosphere. Consequently, growing awareness of these detrimental effects, along with increased food demand, is propelling the market for organic fertilizers.
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Organic fertilizers, which decompose quickly without affecting surface or groundwater, are less harmful to the environment. They improve soil structure, have a longer shelf life, and enhance the soil’s ability to retain nutrients and water. Preferred for producing residue-free agricultural output, organic fertilizers are non-toxic and slow-releasing, ensuring no harmful residues in food.
The rising desire to increase agricultural productivity while avoiding the negative consequences of chemical inputs, combined with the positive attributes of organic fertilizers, is driving their demand in the market.
“Growing demand for food coupled with rising concerns for the environment will stimulate the global growth of the organic fertilizer market over the forecast period,” – says an FMI analyst.
Key Takeaways:
- Fluctuations in prices may hamper the organic fertilizer market growth.
- By form, the dry type organic fertilizers segment will account for a major portion of the global market share.
- Asia Pacific region will lead the global market growth during 2022-2032.
- China and India will offer several lucrative opportunities to the organic fertilizer market.
Competitive Landscape
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., and Fertikal NV among others are some of the major players in the organic fertilizer market profiled in the full version of the report.
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More Insights into Organic Fertilizer Market Report
In its latest report, FMI offers an unbiased analysis of the global organic fertilizer market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of source (plant, animal, mineral), crop type (cereals & grains, oilseed & pulses, fruits & vegetables, others), form (dry, liquid), and region.
According to the latest FMI reports, based on segmentation, the dry form of organic fertilizers will demonstrate significant growth during 2022-2032. These fertilizers are being increasingly used for lawns and gardens; have long-lasting effects with high efficacy in all climate types, and there’s an abundant supply of raw materials that produce dry organic fertilizers. All of these factors propel the growth of this segment during the projected period.
Based on region, the organic fertilizers market in the Asia Pacific region will witness notable growth during 2022-2032. This region is projected to dominate the global organic fertilizer market space. An upsurge in per capita income along with the growing demand for organic food will spur the demand for organic fertilizers in this region. Emerging economies and agricultural countries like India and China are expected to offer several profitable opportunities to the organic fertilizer market during the forecast period.
Organic Fertilizer Market Segmentation
By Source
- Plant
- Animal
- Mineral
By Crop Type
- Cereals & grains
- Oilseed & pulses
- Fruits& vegetables
- Others
By Form
- Dry
- Liquid
By Region
- North America
- Latin America
- Europe
- South Asia Pacific
- East Asia
- Middle East & Africa
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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