Organic fertilizers are fertilizers derived from animal matter, animal excreta, animal by-products, plant residues, or mineral sources. They have high nutrient value and help improve overall soil health. Organic fertilizers provide optimum plant nutrition and improve the physical and biological properties of soil. They enhance soil structure and offer a sustainable option for soil management as compared to chemical fertilizers. 

The Global Organic Fertilizer Market is estimated to be valued at US$ 12.31 Bn in 2024 and is expected to exhibit a CAGR of 6.1% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Organic Fertilizer Market are Yara International ASA, PT Pupuk Kalimantan Timur, BASF SE, FMC Corporation, Lallemand Inc., T Stanes & Company Limited, Madras Fertilizers Limited, Cropmate Fertilizers Sdn Bhd, Midwestern BioAg, Biostar Renewables, LLC, NatureSafe, Biolchim Spa, Rizobacter Argentina S.A., National Fertilizers Limited, Gujarat State Fertilizers & Chemicals Ltd., String Bio, Rashtriya Chemicals & Fertilizers Ltd., Agrinos, Biomax Naturals, and Symborg (Corteva Agriscience). 

Growing demand for organic food products across various regions is driving the growth of the organic fertilizer market. Consumers are increasingly preferring organic food products due to rising health concerns regarding the consumption of chemical-based foods. Organic farming requires the use of organic fertilizers for cultivation, which is propelling the demand in the market.

The Organic Fertilizer Market Demand is expanding significantly with increasing organic farmland worldwide. Various government initiatives and policies are supporting sustainable agricultural practices, favoring the adoption of organic fertilizer over chemical fertilizers. Several countries are promoting organic farming due to its environmental benefits.

Market Drivers

 Shift towards sustainable farming practices is a key factor driving the growth of the organic fertilizer market. Growing environmental concerns about the harmful effects of chemical fertilizers are compelling farmers to adopt eco-friendly organic fertilizers. Organic fertilizers help reduce carbon footprints, enhance soil health and protect the environment. The rising trend of organic and sustainable farming worldwide will continue to propel the demand for organic fertilizers in the coming years.

Impact of geopolitical situation on Organic Fertilizer market growth

The ongoing geopolitical tensions and conflicts are disrupting the supply chains and trade flows of agricultural inputs globally. The Russia-Ukraine war has significantly impacted the exports of potash, a key ingredient in many organic fertilizers, from Belarus and Russia, which are the top producers and suppliers globally. This has led to huge supply deficits and skyrocketing potash prices in Europe and North America. The sanctions on Belarus and Russia are expected to strain their fertilizer export capacity for the medium term. Such geopolitical issues are shifting the trade routes, and customers are compelled to rely on alternative suppliers from Asia, Latin America, and the Middle East to secure their potash needs. This is negatively impacting the affordability of organic fertilizers for many smallholder farmers globally. The growth of the organic fertilizer market would hence depend on how quickly the alternative supply chains are established and potash prices stabilize in the coming years. The market players need to focus on diversifying their sourcing bases, explore new markets, and consider strategic partnerships to mitigate risks from geopolitical and trade disruptions going forward.

Geographical concentration of Organic Fertilizer market value

Organic Fertilizer Market Regional Analysis is highly concentrated in Europe, North America, and Asia Pacific regions in terms of value. Europe dominates with around 30% market share led by countries like Germany, France, and the UK, where adoption of organic and sustainable farming practices is higher. North America is the second-largest market, supported by policies encouraging the use of organic inputs in the US and Canada. The Asia Pacific market is witnessing the fastest growth, led by India, China, and Southeast Asian countries, where population growth and farmers' preference for natural inputs are driving higher consumption.

Fastest growing regions for Organic Fertilizer market

The market for organic fertilizers is growing fastest in Latin America and Africa regions. In Latin America, Brazil and Argentina are front runners, with their governments promoting organic agriculture extensively. Fertile lands, less usage of chemicals historically, and growing exports of organic foods make conditions conducive for market growth. In Africa, countries like Nigeria, Ethiopia, Kenya, and South Africa are centers of high growth. With predominantly smallholder farmers dependent on agriculture for livelihoods, programs to boost organic production and soil health are attracting higher use of organic fertilizers. Their markets are projected to double during the forecast period, supported by development aid and policy thrusts on agriculture-led growth.

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Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.

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