Global Biological Organic Fertilizers Market - Segmented by Type, Application, and Geography - Growth, Trends and Forecasts (2022 - 2030)
Biological organic fertilizers are gaining significance across the globe, given the increasing price of chemical fertilizers and need for environmental safety. North America forms the largest market for the biological organic fertilizers and the region along with Europe covers more than 60% of the market, globally. While North America and Europe are the matured and major markets in terms of market share, developing regions of the Asia-Pacific are expected to provide the fastest growth driven by countries like China and India.
Increased practice of Organic farming drives the market
The growth of the organic food industry is driving the organic fertilizers market. The increased environmental concerns have paved the way for the use of bio-based organic fertilizers. Growth of retail sales in North America is predicted to remain 10%-20% per year over the coming few years. Push from governments towards sustainable farming in many developing countries is expected to help maintain a steady growth in the market
For a safer mode of farming in the organic way, farmers use natural bio fertilizers instead of heavy-dose application of chemical fertilizers, the global organic food market has been growing over the last 15 years.
Europe dominates the market share
The Europe biological organic fertilizers market is the most developed and widespread among all the other regions. The distribution network of biological organic fertilizers is well-established in most European countries, helping the market in having strong hold of various products. The increasing demand for organic food is also triggering the utilization of biological fertilizers, along with organic manures.
Government policies in most European countries support its expansion. Countries, such as France, Germany and Spain have already reduced the overall agricultural chemical usage by more than 30%, thus giving rise to the use of organic fertilizers and bio fertilizers
Key Developments in the Market
• January 2018, PHI Group, Inc., announced today that it has signed a Memorandum of Understanding (“MOU”) with Vietnam Green Agriculture Company, Ltd. (“VinaXanh”) to cooperate in the manufacture and sale of bio-organic fertilizer products developed by VinaXanh, both in Vietnam and in international markets.
Major Key Players NOVOZYMES A/S, LALLEMAND INC., ANTIBIOTICE S.A., BIOMAX, AGRI LIFE, PREMIER TECH, BIO PROTAN, BIO NATURE TECHNOLOGY PTE LTD.
Reasons to Purchase this Report
• To have an understanding of the fastest growing or/and largest regions during the forecast period
• The report outlines drives, restraints and trends that are currently effecting the market
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The report covers in-detail insights about the competitors overview, company share analysis
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet in excel.
Customization of the Report
• Countries of client’s interest can be included in report based on feasibility of report.
• Companies of client’s interest can be included in report based on feasibility of report.
Increased practice of Organic farming drives the market
The growth of the organic food industry is driving the organic fertilizers market. The increased environmental concerns have paved the way for the use of bio-based organic fertilizers. Growth of retail sales in North America is predicted to remain 10%-20% per year over the coming few years. Push from governments towards sustainable farming in many developing countries is expected to help maintain a steady growth in the market
For a safer mode of farming in the organic way, farmers use natural bio fertilizers instead of heavy-dose application of chemical fertilizers, the global organic food market has been growing over the last 15 years.
Europe dominates the market share
The Europe biological organic fertilizers market is the most developed and widespread among all the other regions. The distribution network of biological organic fertilizers is well-established in most European countries, helping the market in having strong hold of various products. The increasing demand for organic food is also triggering the utilization of biological fertilizers, along with organic manures.
Government policies in most European countries support its expansion. Countries, such as France, Germany and Spain have already reduced the overall agricultural chemical usage by more than 30%, thus giving rise to the use of organic fertilizers and bio fertilizers
Key Developments in the Market
• January 2018, PHI Group, Inc., announced today that it has signed a Memorandum of Understanding (“MOU”) with Vietnam Green Agriculture Company, Ltd. (“VinaXanh”) to cooperate in the manufacture and sale of bio-organic fertilizer products developed by VinaXanh, both in Vietnam and in international markets.
Major Key Players NOVOZYMES A/S, LALLEMAND INC., ANTIBIOTICE S.A., BIOMAX, AGRI LIFE, PREMIER TECH, BIO PROTAN, BIO NATURE TECHNOLOGY PTE LTD.
Reasons to Purchase this Report
• To have an understanding of the fastest growing or/and largest regions during the forecast period
• The report outlines drives, restraints and trends that are currently effecting the market
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The report covers in-detail insights about the competitors overview, company share analysis
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet in excel.
Customization of the Report
• Countries of client’s interest can be included in report based on feasibility of report.
• Companies of client’s interest can be included in report based on feasibility of report.
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