Organic fertilizers enhance the natural soil processes, which have long-term effects on soil fertility. The Global Biological Organic Fertilizers Market was valued at US$ 16,209.2 Mn and is expected to reach US$ 29,229.1+ Mn by 2030.
Organic fertilizers provide general nutrition for crops, which has advantages of increasing soil organic matters, promoting microorganism reproduction and soil properties. The governments of many countries, as well as the regional bodies, designed various policies in support of organic farming against the utilization of chemical fertilizers as well as promoting governmental support for sustainable farming are few factors which are expected to maintain steady growth in the forecast period 2018-2026.
Leading key players such as, Novozymes A/S, National Fertilizers Limited, Rashtriya Chemicals and Fertilizers Limited, Kribhco, Gujrat State Fertilizers & Chemical Ltd, Premier Tech, Madras Fertilizers Limited, Neochim, Camson Bio Technologies Limited have been mentioned to provide the structures of successful companies in Biological Organic Fertilizers Market.
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Biological Organic Fertilizers Market, by Types
By type, the industry is bifurcated into microorganisms and organic residues, among which fruits & vegetables segment is projected to be the fastest-growing market during the forecast period 2018-2026. As the demand for organic fruits & vegetables is increasing, farmers need to produce more in the limited organic land area, owing to which, the application of organic fertilizers in fruits & vegetables is increasing. Also, the interest in organic farming is growing worldwide as sustainable agricultural production practices are being adopted by many regions nowadays.
Biological Organic Fertilizers Market, by Region
Spain is expected to hold the largest market for organic fertilizers in Europe, as there is increase in area under cultivation due to farmer’s preference towards for organic crops as well as growing agricultural land area under organic cultivation is leading the market growth. Furthermore, substantial growth is expected in Germany, France, and Italy due to the increasing health, safety, and environmental concerns. These factors are driving the biological organic fertilizers market in Europe.
Points Covered in the Report
- The topics that are discussed within the report such as key players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- It refers to the full profile of the company and its capacity, production, price, revenue, value, gross, gross profit, sales volume, sales revenue, consumption.
- Their growth, imports, exports, supplies, future strategies and technological developments are also included in the report. The growing factors of the market is discussed in detail wherein the various end users of the market are described in detail.
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- The report covers the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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