North America Organic Fertilizers Market was worth USD 2.19 billion in 2021 and estimated to be growing at a CAGR of 12.09% to reach USD 3.6 billion by 2026. Organic fertilizers consist of human waste, animal waste or vegetable matter. Naturally-occurring organic fertilizers are obtained from animal matter. Since these fertilizers are obtained naturally, there is low risk for environment damage. Organic fertilizers reduce the risk of diseases in humans. Selection of organic fertilizers is usually done after determining the nutrients required from the crop.
Investment in various R&D projects related to organic fertilizers is expected to help expand the market in North America and maintain a moderate growth rate. The market is anticipated to grow robustly owing to good climatic conditions and the ample availability of land for farming. When compared to conventional fertilizers, organic fertilizers are less harmful and cheaper. Due to government’s various policies regarding pollution and non-biodegradable items, the production of organic fertilizers has risen in the past few years. However, there are some challenges here such as certification prices, premium prices of organic substitutes and less production
North America 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.
North America 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.
North America 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 North America market is analysed under various regions namely U.S.A and Canada.
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.).
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