Europe Organic Fertilizers Market was worth USD 3.57 billion in 2021 and estimated to be growing at a CAGR of 12.04% to reach USD 4.52 billion by 2026.
Organic fertilizers are obtained from human or animal waste and vegetable matter. Naturally-occurring organic fertilizers contain animal matter from peats, slurries and various industries. As the fertilizers are obtained naturally, there is low risk for environment damage. Organic fertilizers also reduce the risk of diseases in humans. The most commonly used organic fertilizers available in the market include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion and rock phosphate.
Europe Organic Fertilizers Market Drivers:
As people are becoming more conscious about their health it has led to an increase in the demand for organic and green products. There has been a major development in the organic agriculture, along with increase in the demand for organic food products making it a major driver of this market. The market has been growing at a steady rate because of government support and farmers switching to these fertilizers. When compared to chemical fertilizers, organic fertilizers are more efficient and cheaper. Due to government’s various policies regarding pollution and non-biodegradable items, there has been a rise in the production of organic fertilizers. However, the market is dependent upon the weather. Hence, weather conditions can hamper the growth of organic fertilizer market. Majority of the organic fertilizers have lesser nutrient ratio than chemical fertilizers, which can massively impact farm produce.
Europe Organic Fertilizers Market – By Source:
plant
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.
Europe Organic Fertilizers Market – By Crop Type:
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.
Europe Organic Fertilizers Market – By Form:
Liquid fertilizers are projected to dominate the market during the forecast period. They are more effective and economical when compared to the dry fertilizers.
Geographical Analysis:
On the basis of geography, the Europe market is analysed under various regions namely U.K, Italy, Germany, France and Spain. Europe dominates the global market for organic fertilizers.
Key Players:
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.).
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]