Asia-Pacific Organic Fertilizers Market was worth USD 2.13 billion in 2018 and estimated to be growing at a CAGR of 13.01%to reach USD 3.85 billion by 2023. Organic fertilizers are made using human or animal waste and vegetable matter. A naturally-occurring organic fertilizer contains animal matter produced by meat processing industries. There is low risk for environment damage as these fertilizers are obtained from natural sources.. Organic fertilizers also reduce the risk of diseases in humans. Common sources of fertilizers include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion and rock phosphate. Selection of organic fertilizers is usually done after determining the nutrients required from the crop.
Increasing need for food security, high investments in R&D and change in farming practices are the major drivers of the Asia-Pacific organic fertilizers market. Agriculture is one of the major occupations in the Asia-Pacific region. A number of farmers in the region are engaged in agriculture with huge pieces of organic lands leading to an increased demand for organic fertilizers for higher quality & safe organic foods. The growing organic agricultural practices and requirement of high-quality agricultural produce are also expected to drive the organic fertilizers market growth in this region. The major restraint of the market is the heavy reliance on chemical fertilizers so as to meet the increased demand. The synthetic fertilizers help achieve optimized productivity. The organic fertilizers market is dependent upon the weather (rains/water supply) of that region or area; hence, weather conditions can hamper the growth of organic fertilizer market.
The market for Organic Fertilizers is broadly categorized into source, crop type and form. By source the market is further segmented into plant, animal and mineral. The animal based segment accounted for the largest share in the market. Further, the blood meal segment holds a major share in the animal based fertilizer market. By crop type it is further segmented into cereals and grains, oilseeds& pulses, fruits& vegetables. Fruits & Vegetables market is expected to grow at the highest CAGR. This is mainly because of the importance of fruits and vegetables and it being irreplaceable. Moreover they are highly perishable as compared to cereals. By form the market is further analysed under dry and liquid. Liquid fertilizers are projected to dominate the market during the forecast period. They are more effective and economical when compared to the dry fertilizers. On the basis of geography, the Asia-Pacific market is analysed under various regions namely India, China, Japan, Australia and South Korea. Asia-Pacific region is expected to register the highest CAGR.
The key players in the market include Tata Chemicals Ltd (India), The Scotts Miracle-Gro Company (U.S.), Coromandel International Limited (India), National Fertilizers Limited (India) and Krishak Bharati Cooperative Limited (India). Other significant players include Midwestern BioAg (U.S.), Italpollina SpA (Italy), ILSA S.p.A (Italy), Perfect Blend, LLC (U.S.), and Sustane Natural Fertilizer, Inc. (U.S.).
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Source
5.1.1 Introduction
5.1.2 Plants
5.1.2.1 Compost and compost tea
5.1.2.2 Cottonseed meal
5.1.2.3 Molasses
5.1.2.4 Legume cover crops
5.1.2.5 Green maure cover crops
5.1.2.6 Seaweed
5.1.2.7 Soyabean meal
5.1.2.8 Corn gluten
5.1.3 Animals
5.1.3.1 Manure
5.1.3.2 Bone and blood meal
5.1.3.3 Urea
5.1.3.4 Milk
5.1.3.5 Manure tea
5.1.3.6 Fish emulsion
5.1.3.7 Others
5.1.4 Mineral
5.1.5 Y-o-Y Growth Analysis, By Source
5.1.6 Market Attractiveness Analysis, By Source
5.1.7 Market Share Analysis, By Source
5.2 Crop type
5.2.1 Introduction
5.2.2 Cereals and grains
5.2.3 Oilseeds and pulses
5.2.4 Fruits and vegetables
5.2.5 Others
5.2.5 Y-o-Y Growth Analysis, By Crop type
5.2.6 Market Attractiveness Analysis, By Crop type
5.2.7 Market Share Analysis, By Crop type
5.3 Form
5.3.1 Introduction
5.3.2 Dry
5.3.3 Liquid
5.3.4 Y-o-Y Growth Analysis, By Form
5.3.5 Market Attractiveness Analysis, By Form
5.3.6 Market Share Analysis, By Form
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Source
6.1.3.3 By Crop type
6.1.3.4 By Form
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Source
6.1.4.3 By Crop type
6.1.4.4 By Form
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Source
6.1.5.3 ByCrop type
6.1.5.4 By Form
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Tata Chemicals Ltd
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 The Scotts Miracle-Gro Company
8.3 Coromandel International Limited
8.4 National Fertilizers Limited
8.5 Krishak Bharati Cooperative Limited
8.6 Midwestern BioAg
8.7 Italpollina SpA
8.8 ILSA S.p.A
8.9 Perfect Blend, LLC
8.10 Sustane Natural Fertilizer, Inc.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
