Belgium will continue to be the largest exporter of organic
fertilizers, with total exports totalling 1.15 million tonnes in
2015. Netherlands and the U.S. will be the other two key exporters.
In terms of imports, France continues to be the largest market
globally.
Global organic fertilizer demand was pegged at 17 million tonnes in
2016. In terms of value, the market was valued at US$ 5.57 billion.
Persistence Market Research projects the market to grow at 7% CAGR
through 2025 and reach US$ 10.23 billion.
Government initiatives and subsidies promoting the use of organic
fertilizers. For instance, in the EU, government is promoting organic
sector via conversion subsidies and large subsidies on agricultural
inputs.
Rising awareness among consumers about organically produced food will
continue to provide growth opportunities. From a US$ 15 billion
market in 1999, the global organic food and drink market has grown to
become a US$ 80 billion market in 2014.
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Organic fertilizers don’t cause the same level of damage to the
environment as conventional fertilizers. This is promoting their
adoption among end-users.
According to Persistence Market Research’s analysis, demand for
animal-based organic fertilizers is higher than plant-based variants.
While 6.84 million tonnes of plant-origin organic fertilizers were
sold in 2016, animal-origin organic fertilizer volume was pegged at
10.15 million tonnes.
Use of organic fertilizers remains highest in the farming of cereals
and crops. This application segment accounted for over 70% revenue
share of the market in 2016. By volume, demand from cereals and crops
was estimated at 12.53 million tonnes in 2016.
Historically, solid organic fertilizers have remained sought-after,
and the trend is expected to remain unchanged during the forecast
period 2017-2025. While solid organic fertilizers are projected to
grow at 6.2% CAGR, liquid organic fertilizers’ growth rate is
estimated to be 5.1%.
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Europe is the largest market for organic fertilizers, followed by
Asia Pacific. While Europe will continue to be the largest market for
organic fertilizers, it will lose 2.3% revenue share to APAC during
the forecast period. North America, the third largest market for
organic fertilizers, is expected to account for 21.8% revenue share
of the market by 2025-end.
In its report, Persistence has profile key players in the organic
fertilizers market, including Italpollina SpA, ILSA S.p.A, BioStar
Renewables, Sustane Natural Fertilizer Inc., True Organic Products
Inc., California Organic Fertilizers Inc., The Fertell Company,
Purely Organics LLC, Pupuk Kaltim, and Qingdao Sonef Chemical Co.,
Ltd.
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