Insights on the Biological Organic Fertilizers Global Market to 2025 – Asia Pacific Dominates the Market – ResearchAndMarkets.com

25-Aug-2020 Intellasia | BusinessWire | 11:32 PM Print This Post

DUBLIN--(BUSINESS WIRE)--The "Biological Organic Fertilizers Market - Global Market Shares, Forecasts and Trends (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.


The biological organic fertilizer market is projected to grow at a CAGR of 13.3% during the forecast year (2019-2024).

The increased practice of organic farming is one of the major factors behind the growth of the biological organic fertilizer market. The emphasis on sustainable farming and government support to the manufacturers are two other factors that are augmenting the growth of the market.

Companies Mentioned

  • Rizobacter Argentina S.A.
  • Lallemand Inc.
  • National Fertilizers Limited
  • Madras Fertilizers Limited
  • Gujarat State Fertilizers & Chemicals Ltd
  • T Stanes & Company Limited
  • Camson Bio Technologies Limited
  • Rashtriya Chemicals & Fertilizers Ltd
  • Antibiotice S.A.
  • Biomax
  • Symborg
  • Agri Life
  • Premier Tech
  • Biofosfatos do Brasil
  • Neochim
  • Bio Protan
  • Circle-One Internatiomal, Inc.
  • Bio Nature Technology PTE Ltd.
  • Kribhco
  • CBF China Biofertilizer A.G

Key Market Trends

Increased practise of organic farming is driving the market

According to the Organic Trade Association, approximately 82% of households in the United States purchase organic food. The organic food market in India has been registering a CAGR of 25%. As per Statista, it is anticipated to reach USD 1.36 billion by 2020.

The rise in demand for organic products is booming, not only due to an increase in conscientious consumers, but also due to increasing incomes, along with improved farming practices that make organic yields more robust. As a result, the increasing demand for organic food, worldwide, has increased the area under organic farming, worldwide. Increase land under organic cultivation will drive the organic fertilizer market during the forecast period.

Asia Pacific dominates the market

The regional organic fertilizers market is divided into two major segments namely organic residue based fertilizers and microorganism (biofertilizers) depending on the source of nutrients and raw materials. More than half of the market share is covered by microorganism based organic fertilizers.

The consumption of organic fertilizers in Asia-Pacific is expected to increase with rising awareness among the farmers about the benefits of bio-based and organic residue based fertilizers. The regional demand is concentrated among major agriculture-based countries like China, India, and Vietnam while China and India are leading the market developments. The organic fertilizer market in Asia-Pacific is the fastest growing among all the other regions. The key players in the market are focused on new product launch to cater to a wider consumer base and expand market share in the local market.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Introduction to Market Drivers and Restraints

4.3 Market Drivers

4.4 Market Restraints

4.5 Market Opportunities

4.6 Industry Attractiveness - Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 Type

5.1.1 Microorganism

5.1.1.1 Rhizobium

5.1.1.2 Azotobacter

5.1.1.3 Azospirillum

5.1.1.4 Blue-green Algae

5.1.1.5 Phosphate solubilizing bacteria

5.1.1.6 Mycorrhiza

5.1.1.7 Others

5.1.2 Organic residues

5.1.2.1 FYM

5.1.2.2 Crop residues

5.1.2.3 Green manure

5.1.2.4 Others

5.2 Application

5.2.1 Cereals

5.2.2 Legumes

5.2.3 Fruits and Vegetables

5.2.4 Plantations

5.2.5 Others

5.3 Geography

5.3.1 North America

5.3.1.1 United States

5.3.1.2 Canada

5.3.1.3 Mexico

5.3.1.4 Rest of North America

5.3.2 Europe

5.3.2.1 Germany

5.3.2.2 United Kingdom

5.3.2.3 France

5.3.2.4 Spain

5.3.2.5 Italy

5.3.2.6 Russia

5.3.2.7 Rest of Europe

5.3.3 Asia Pacific

5.3.3.1 China

5.3.3.2 Japan

5.3.3.3 India

5.3.3.4 Australia

5.3.3.5 Rest of Asia-Pacific

5.3.4 South America

5.3.4.1 Brazil

5.3.4.2 Argentina

5.3.4.3 Rest of South America

5.3.5 Africa

5.3.5.1 South Africa

5.3.5.2 Rest of Africa

6 COMPETITIVE LANDSCAPE

6.1 Most Adopted Competitor Strategies

6.2 Market Share Analysis

6.3 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/c6qpjx


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