Latin America Organic Fertilizers Market was worth USD 1.81 Billion in 2021 and estimated to be growing at a CAGR of 12.07 %to reach USD 2.12 Billion by 2026.
Organic fertilizers are derived from human waste, animal waste or vegetable matter. Organic fertilizers also reduce the risk of diseases in humans. Prominent organic fertilizers available in the market include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion and rock phosphate. Naturally-occurring organic fertilizers contain animal matter produced by meat processing industries. Since these fertilizers are obtained naturally, there is low risk for environment damage. Selection of organic fertilizers is usually done after determining the nutrients required from the crop.
The market for organic fertilizer has witnessed steady growth in the recent past owing to government support and favorable perception among farmers and end-users. The efficiency of organic fertilizers is slow and long time. As compared to chemical fertilizers, the production of organic fertilizers has less investment and high benefits. Government and environmental policies minimizing wastage and reduction in the consumption of non-biodegradable raw materials has led to an increased production of organic fertilizers. Regulations are also emphasizing more on human safety, so are supporting markets like organic fertilizers to reduce risk to human life and the environment. 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. Another concern with organic fertilizers is that a majority of them have lesser nutrient ratio than chemical fertilizers, which can massively impact farm produce.
Latin America Organic Fertilizers Market - By Source:
Latin America Organic Fertilizers Market - By Crop Type:
Latin America Organic Fertilizers Market - By Form:
Geographical Analysis:
On the basis of geography, the Latin America market is analysed under arious regions namely
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 $ 1200
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region