Chemicals

Organic Fertilizers Market: Global Product Intelligence, Industry Analysis, Size, Share, Growth, Trends and Forecast – 2024

Infinium Global Research has added a new report on Global Organic Fertilizers Market. The report covers the analysis of global as well as regional markets of Organic Fertilizers. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run. According to the report the global organic fertilizers market is projected to grow at a CAGR of 7.5% over the forecast period of 2018-2024.

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Rapidly Growing Demand for Organic Food to Promote the Growth in Organic Fertilizer Market

The rapidly growing demand for organic food and increasing organic farming are the major factors driving the growth of the organic fertilizer market worldwide. The rising awareness about the health released issues caused by the consumption of food or vegetables that are caused by using chemical fertilizers is contributing to the growth of organic fertilizers market. In addition, the strict government regulation for eco-friendly solutions and the cost-effectiveness of organic fertilizers are likely to boost the demand of organic fertilizers across all over the globe. Moreover, ongoing advancements in the manufacturing process of organic fertilizer are projected to create the various opportunities for the organic fertilizer market in the upcoming years.

Asia Pacific Accounts for the Largest Share of the Organic Fertilizers Market

Europe hold the largest share in the organic fertilizers market. The rising awareness about the health related issues associates with the synthetic fertilizer is driving the growth of organic fertilizers market in Europe region. In addition, Asia Pacific is the fastest growing region in the organic fertilizers market owing to the high demand of good-quality agricultural products coupled with the increasing population in this region. In addition, Agriculture is the major occupation in the various countries in the Asia Pacific region. Furthermore, rising agriculture R&D expenditure, change in farming practice are some factors responsible for the growth of organic farming in Asia Pacific region.

BAFS to Fast-track the Issuance of Permits to Sell Organic Fertilizer

The Bureau of Agriculture and Fisheries Standards (BAFS) to launch online application for permits to sell organic fertilizer in July 2018  .This Web-based system would help businesses to provide on time and transparent issuance of permits as well as it will help them to track their applications.

The prominent players in the organic fertilizers market are CropAgro, Bio Nature Technology PTE Ltd., Fertikal N.V., National Fertilizers Limited and others are focusing on the expansions, innovative product launches, government policy and investments to gain an additional market share.

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