According to a new market report by Lucintel, the future of the organic fertilizer market looks promising with opportunities in the agriculture sector. The organic fertilizers market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increasing consumer awareness pertaining to harmful effects of synthetic & chemical fertilizers and growing demand for chemical-free food products.
In this market, plant, animal, and mineral are the sources of organic fertilizers. Animal is the largest source of organic fertilizer in the organic fertilizer market. Dry and liquid forms are the major forms of organic fertilizers.
Europe will remain the largest market over the forecast period due to increase in government subsidies and financial aid promoting product usage organic fertilizers.
Tata Chemicals Limited, The Scotts Miracle-Gro Company, Coromandel International Limited, National Fertilizers Limited, Krishak Bharati Cooperative Limited, Midwestern BioAg, Italpollina SpA, ILSA S.p.A, Perfect Blend, Sustane Natural Fertilizer, Inc., BioStar Systems, LLC, AgroCare Canada, Inc., and Nature Safe are among the major manufacturers of organic fertilizers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the organic fertilizer market by source, form, crop type, application, and region. Lucintel has prepared a comprehensive research report entitled " Organic Fertilizer Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the organic fertilizers market by source, form, crop type, application, and region as follows:
By Source [$M shipment analysis for 2013 – 2024]
• Plant
• Animal
• Mineral
By Form [$M shipment analysis for 2013 – 2024]:
• Dry
• Liquid
By Crop Type [$M shipment analysis for 2013 – 2024]:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others (floriculture crops, permanent crops, pasture, grasslands, and other agricultural crops)
By Application [$M shipment analysis for 2013 – 2024]:
• Farming
• Gardening
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
• Asia Pacific
o China
o India
o Japan
o South Korea
• Rest of the World (RoW)
o Middle East
o South Africa and South America
More than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link …[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1.What are some of the most promising potential, high-growth opportunities for the organic fertilizer market by source (plant, animal, and mineral), crop type (cereals & grains, oilseeds & pulses, fruits & vegetables, and others), form (dry and liquid), application (farming and gardening), and region (North America, Europe, Asia Pacific, and RoW)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the organic fertilizer market?
Q.5.What are the business risks and threats to the organic fertilizer market?
Q.6.What are emerging trends in the organic fertilizer market and the reasons behind them?
Q.7.What are some changing demands of customers in the organic fertilizer market?
Q.8.What are the new developments in the organic fertilizer market? Which companies are leading these developments?
Q.9.Who are the major players in the organic fertilizer market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in the organic fertilizer market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities did take place in the last five years in the organic fertilizer market?