In recent years, organic farming has surpassed conventional farming in importance. Growing environmental awareness has led people to forego conventional foods in favour of eco-friendly substitutes.
Governments all around the world are promoting organic agricultural practises in order to protect soil fertility and prevent water damage in light of this trend. Due to this, the market for organic fertiliser worldwide is expanding significantly and will do so for the next five years.
Organic fertilizers have greatly helped consumers avail access to clean-label foods, to the extent that they are willing to pay a premium price for such products. Leading manufacturers are thus investing heavily in bolstering their research and development capabilities and dole out environmentally friendly fertilizers.
Furthermore, manure based organic fertilizers are anticipated to be the most commonly used fertilizers attributed to rising government concerns regarding livestock manure disposal.
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Organic Fertilizers Market- Competitive Landscape
Some of the key players involved in organic fertilizer production include:
- Fertikal N.V.
- Bio Nature Technology PTE Ltd.
- National Fertilizers Limited
- Biofosfatos de Brasil
- BioSTAR Organics
- California Organic Fertilizers
- Multiplex Group
- Italipollina SPA
- Walt’s Organic Fertilizer.
These players are constantly developing sustainable and environmentally friendly products in tandem with the global sustainability concerns.
For instance, Kribhco, an Indian farmer’s co-operative, produces ten types of bacterial strains of liquid bio-fertilizers such as Azospirillum, Azotobacter, Acetobacter and Rhizobium which are eco-friendly and have supplementary roles with chemical fertilizers.
Likewise, BioSTAR Organics manufactures the SuperSix Organic Nitrogen Fertilizer, an OMRI approved, liquid-organic source of 100% plant available fertilizer. The fertilizers is also particulate-free, easy-to-use and has a high fluidity.
Animal-derived Organic Fertilizers Shall Gain Momentum across the Forecast Period
Animal-derived fertilizers, sometimes known as manure, have long been at the forefront of soil nourishment in agriculture. Throughout our whole existence, this trend has persisted and is still gaining significant ground.
Manure’s value is ascribed to its capability to replace soil nutrients, boost soil water retention, and generally improve soil composition. In compared to commercially available chemically generated nitrogen, which is less effective in restoring soil nitrogen levels, manure is a rich supply of organic nitrogen.
Major energy gains are also obtained from reusing manure nutrients. This mostly results in increased cost reductions for crop production.
Along with nitrogen, organic fertilizers are highly rich suppliers of carbon, which enables soil bacteria to access their food supply.
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Organic Fertilizer Market: Segmentation
By Raw Material Type
- Plant Based Fertilizers
- Animal Based Fertilizers
- Fish Emulsion
- Compost & Compost Tea
- Legume Cover Crops
- Soybean Meal
- Cottonseed Meal
- Green Manure Cover Crops
- Corn Gluten
- Bone Meal & Blood Meal
- Manure Tea