Current and Projected Organic Fertilizer Market Size in Terms of Volume and Value 2016-2026

With increase in demand for green products and pollution free agricultural products, the term ‘organic’ has become an irresistible trend of modern agriculture and is creating a buzz in the global fertilizers market. Rapid development of organic agriculture coupled with augmenting demand for organic food is expected to increase the demand for organic fertilizers.

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Organic fertilizers are derived or made from human waste, animal waste or vegetable matter (usually rotten or non-consumable by humans). Naturally-occurring organic fertilizers consist of animal matter from meat processing industries, peat, slurries, manures and guano. As organic fertilizers are extracted from naturally-occurring substances, the risk of environmental damage is low. Use of organic fertilizers also reduces the risk of diseases in humans, as many fertilizers find their way to human food. Prominent organic fertilizers available in the market include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion, alfalfa meal, feather meal and rock phosphate. Selection of organic fertilizers is usually done after determining the nutrients required from the crop.

Organic Fertilizer Market Dynamics

The global market for organic fertilizer has witnessed steady growth in the recent past owing to government support and favorable perception among farmers and end-users. The efficiency of organic fertilizers is slow and long time. As compared to chemical fertilizers, the production of organic fertilizers has less investment and high benefits. This factor is expected to augment the global organic fertilizers market over the forecast period. Owing to the eco-friendly nature of organic fertilizers, governments in many countries have subsidised the prices, making it easier for farmers to use it.

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Government and...