With the slowdown in world economic growth, the Plant Sourced Organic Fertilizer industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Plant Sourced Organic Fertilizer market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2018, Stratagem Market Insights analysts believe that in the next few years, Plant Sourced Organic Fertilizer market size will be further expanded, we expect that by 2025, The market size of the Plant Sourced Organic Fertilizer will reach XXX million $.
Plant-based organic fertilizers are derived from plants that have low to moderate N-P-K (Nitrogen-phosphorous-potassium) values. These plants based organic fertilizers even provide an extra dose of micronutrients and minerals. Alfalfa meal, Compost, Corn gluten meal, Corn gluten meal, Kelp/seaweed, and Soybean meal are some of the major plant-based organic fertilizers available in the market. These fertilizers help to improve the organic matter in the soil. Moreover, they enhance soil fertility and produce quality yield. Organic-plant based fertilizers are used in both organic and conventional agriculture application.
Rising government support along with the growing awareness regarding the use of organic fertilizers is expected to foster the market growth of plant-based organic fertilizers. Also, the implementation of strict rules and regulations on the usage of synthetic fertilizers is projected to foster the market growth of the plant-based organic fertilizers. Increasing the introduction of organic-based fertilizers by the manufacturer is expected to augment the market growth. For instance, in November 2019, The Totagars’ Cooperative Sale Society (TSS) Ltd at Sirsi in Uttara Kannada district has introduced a new organic fertilizer product in the market. it is suitable for areca nut, pepper and banana plantations. Therefore, rising initiates to launch innovation in organic based fertilizers is expected to foster the market growth.
From the geographical perspective, Europe is expected to gain significant traction over the forecast period and this can be attributed to strict EU rules and regulation on the usage of synthetic fertilizers which is promoting the use of organic fertilizers. The EU has recently approved the draft of a new regulation, which lays down the rules on EU fertilizing products. The regulation covers a ‘fertilizing product’ as “a substance, mixture, micro-organism or any other material, applied or intended to be applied on plants or their rhizosphere or on mushrooms or their microsphere, or intended to constitute the rhizosphere or microsphere, either on its own or mixed with another material, for the purpose of providing the plants or mushrooms with nutrient or improving their nutrition efficiency”.
Key Developments:
• In November 2019, The Totagars’ Cooperative Sale Society (TSS) has launched a new organic fertilizer product in the market. ‘TSS Annapurna’, is the second organic fertilizer product from the cooperative, is an oil cake-based fertilizer and is being marketed by the cooperative under its own brand.
• In December 2019, Azerbaijan launches joint venture on organic fertilizer production. Investments made on AzAgromila LLC, which is an Azerbaijani-Turkish joint venture, have amounted to about $1 million, Ramazan Karashain,
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers.
Section 1: Definition
Section (2 3): Manufacturer Detail
* Tata Chemicals Limited
* The Scotts Miracle-Gro Company
* Coromandel International Limited
* National Fertilizers Limited
* Krishak Bharati Cooperative Limited
* Midwestern Bioag
* Italpollina SPA
* ILSA S.P.A
* Perfect Blend, LLC
* Sustane Natural Fertilizer, Inc.
* Biostar Systems, LLC.
* Agrocare Canada, Inc.
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation
Product Type Segmentation:
-- Dry
-- Liquid
Industry Segmentation:
-- Cereals & grains
-- Oilseeds & pulses
-- Fruits & vegetables
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2018-2025)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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