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.
Organic farming has taken precedence over conventional farming in recent years. Rising environmental consciousness has prompted consumers to abandon mainstream foods in favor of greener alternatives.
Factoring in this trend, governments worldwide are providing impetus to organic farming techniques in order to preserve soil fertility and water degradation. On the back of this, the global organic fertilizer market is experiencing an immense upsurge and will continue doing so across the next half-a-decade.
Furthermore, manure based organic fertilizers market are anticipated to be the most commonly used fertilizers attributed to rising government concerns regarding livestock manure disposal.
Organic Fertilizers Market- Competitive Landscape
Some of the key players involved in organic fertilizer production include:
- Fertikal N.V.
- CropAgro
- Bio Nature Technology PTE Ltd.
- National Fertilizers Limited
- Biofosfatos de Brasil
- BioSTAR Organics
- Kribhco
- California Organic Fertilizers
- Multiplex Group
- Italipollina SPA
- Uniflor
- Walt’s Organic Fertilizer.
These players are constantly developing sustainable and environmentally friendly products in tandem with the global sustainability concerns.
Organic Fertilizer Market: Segmentation
By Raw Material Type
- Plant Based Fertilizers
- Molasses
- Seaweed
- Animal Based Fertilizers
- Urea
- Fish Emulsion
- Compost Compost Tea
- Legume Cover Crops
- Soybean Meal
- Manure
- Milk
- Cottonseed Meal
- Green Manure Cover Crops
- Corn Gluten
- Bone Meal Blood Meal
- Manure Tea
- Others
By Application
- Farming
- Gardening
Impact of COVID-19 Pandemic on the Organic Fertilizers Market
The novel coronavirus pandemic has drastically altered manufacturing cycles across the entire globe. Implementation of strict social distancing protocols have dented production cycles as employees can no longer travel to factories for work.
This has led to a massive gap in the demand-supply equation and a shortage of raw ingredients due to logistical difficulties. This has impacted the organic fertilizer industry to a very large extent.
Fortunately, governments are leaving no stone unturned to ensure that high purity foods reach customers throughout the world by providing financial assistance, relaxation on logistical restrictions to enable raw materials supply and mandating staggering work guidelines.
Get More Information@ https://www.futuremarketinsights.com/reports/organic-fertilizer-market
