Organic Fertilizers Market 2023-2027: Size and Increasing dependence on inorganic techniques of cultivation; growth driven by the Application, Some of key Companies Positioned Strategically

The organic fertilizers market size by Application (Fruits and vegetables, Cereals and grains, Oilseeds and pulses, and Others ), Type (Dry and Liquid ), and Geography (Europe, APAC, North America, South America, and Middle East and Africa), is forecast to increase by USD 17152.86 million. The market is expected to grow at a CAGR of   16.57% between 2023 and 2027.

• In the agricultural sector, synthetic fertilizers have long been a staple for farmers seeking to maximize crop yields, particularly in regions with population growth and diminishing arable land. China, in particular, has shown the highest consumption rate of synthetic fertilizers due to their affordability and extended storage capabilities, which are attributed to their chemical compositions and synthetic additives. However, the reliance on synthetic fertilizers persists despite growing awareness of their potential detrimental effects on soil health and the promotion of organic farming practices. Organic fertilizers, while beneficial for long-term soil health, require microorganisms to break down the product, limiting their usage to specific seasons. Developing nations, in particular, face a lack of awareness regarding the importance of organic cultivation and the potential risks associated with synthetic fertilizers, further perpetuating their dependency.
• The European market for organic fertilizers is experiencing significant growth, with Germany, France, the UK, and Belgium being the leading consumers. This can be attributed to the prevalence of advanced agricultural practices in these countries and the increasing adoption of eco-friendly farming solutions. The European Union's implementation of soil policies that restrict the use of chemical fertilizers and synthetic agro-products due to degrading soil quality will further boost the demand for organic fertilizers in the region during the forecast period. Organic fertilizers offer a sustainable alternative to traditional fertilizers, making them an attractive option for farmers seeking to minimize their environmental footprint. The European market for organic fertilizers is poised for substantial growth, driven by these factors.

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Some of the Key Companies:

• Andermatt Group AG
• BASF SE
• California Organic Fertilizers Inc.
• Coromandel International Ltd.
• Darling Ingredients Inc.
• Fertikal NV
• Fertoz Ltd.
• FertPro Manufacturing Pty Ltd.
• Hello Nature Inc.
• KARNATAKA AGRO CHEMICALS
• Krishak Bharati Cooperative Ltd.
• MidWestern Bio Ag Holdings LLC
• Queensland Organics
• SEIPASA SA
• Southern Petrochemical Industries Corp.
• SusGlobal Energy Corp.
• Sustane Natural Fertilizer Inc.
• T.Stanes and Co. Ltd.
• The Scotts Miracle Gro Co.
• J M Huber Corp.

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