5-Year Forecast for the Global Market of Organic Fertilizers

Aug 14th, 2017

From 2017 to 2022 the global organic fertilizers market is expected to grow by 12%. By 2022 the planned value will reach over $11 billion. The main factors of the global market growth are the increase of the organic cultivation land and the production process improvement of organic fertilizers.

In 2016 the largest fertilizer share fell to the livestock. Organic-based fertilizers in the livestock production are segmented in blood flour, bone flour, fish meal, livestock manure and other byproducts among which are essential for good flower growth and root development.

Within the forecast period, the segment of fruit and vegetables will grow at the highest level. As key ingredients in the human diet, organic fruit and vegetables can’t be easily replaced. Moreover, they are perishable products as compared to cereals and oil-bearing seeds. However, well-equipped refrigerated vehicles can stimulate trade for these organic foods.

Thus, the growing demand for this farm segment increases the consumption of fertilizer organics. Over the next five years, the segment of liquid fertilizers will be the more popular than dry fertilizer one as this form is best suited for mixing fertilizers. The use of liquid fertilizers also significantly reduces the scope of work. These advantages make organic fertilizers the most widely used form among cultivators.

The key factors that drive the Asia-Pacific organic fertilizer market are the high R & D investment, growing need for food security and the changing agriculture practices. Asia Pacific farmers cultivate over 26 million ha of organic land.  To produce better and safe organic products they strongly demand high-quality organic fertilizers.

As they expect, the advancing organic agricultural methods and the need for top-quality agricultural products will stimulate the market growth of organic fertilizers throughout the region. The main restriction in the market is a high dependence on non-organic means of cultivation.  When cultivated, the soil loses nutrients vital for optimum productivity of crops. Therefore, farmers start using more synthetic fertilizers to meet growing food demand and optimize the performance of cultivated land.

Globally, in the past few years, the consumption of synthetic fertilisers has increased per unit of land area (approximately 104 kg/ha in 2002 to approximately 138 kg/ha in 2014). The notable market players are Coromandel International companies (India), Tata chemicals Ltd (India), National society fertilizers (India), LLC (The USA), and Italpollina Spa (Italy) and others.