Continued Rise in Organic Food Industry to Boost Organic Fertilizers Market

 The increasing trend of organic cultivation is having a great impact on the global market for organic fertilizers. The growing awareness among farmers and agriculturists about the harmful effect of pesticides, chemical fertilizers, and antibiotics on agricultural land is encouraging them to shift towards organic farming, which is significantly reflected on the demand for organic fertilizers across the world.
According to Transparency Market Research (TMR), the global market for organic fertilizers stood at US$3.37 bn in 2016. TMR analysts estimate this market to rise at a CAGR of 7.60% between 2017 and 2025 and attain a value of USS$6.4 bn by the end of 2025.
Researchers at TMR answer some important queries about the worldwide market for organic fertilizers in this blog:

What are the prime factors that impact the performance of the global organic fertilizers market?
The main factor behind the growth of the global market for organic fertilizers is the significantly rising demand for organic food and other products. Nowadays, people have become aware of the harmful effect of food products with chemical additives on their health, which is leading them to organic food.
Apart from this, the advancement in the production procedures of organic fertilizers and the expanding size of the potential consumer base are also boosting this market substantially. However, farmers are still apprehensive about shifting to organic cultivation due to the high cost incurred. This factor may limit the demand for organic fertilizers in the long run.
Which is the most valued product in the global organic fertilizers market?
Peat-based fertilizers and manure-based fertilizers are the two main products available in the global market for organic fertilizers. Among the two, the demand for the latter is much higher than the former and is expected to continue doing so over the next few years. The proven efficiency of manure-based fertilizers is the key factor behind their high demand.
The ample availability livestock manure from poultry farms, pig farms, and horse stables are likely to propel this market segment in the years to come. The segment will also gain from the increasing number of government initiatives to encourage the usage of these fertilizers in farming practices.
Which of the regional market is expected to gain supremacy in the global organic fertilizers market in future?
The prominent regional organic fertilizers markets across the world are Europe, Asia Pacific, the Middle East and Africa, North America, and Latin America. Among these, Europe has acquired the dominant position and is anticipated to remain here over the next few years, thanks to the presence of a technologically advanced infrastructure for cultivation. Asia Pacific, with ample availability of raw materials and the increase in government support for organic farming, is projected to report high growth among other regional markets in the near future.

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