Organic Fertilizers Sales to Double in North America, Surpassing US$ 3.17 Bn in 2031: FMI

According to latest market study by Future Market Insights (FMI), the shipment of organic fertilizers across North America will reach 4,327.5 KT by 2021-end. Demand for organic fertilizers is set to increase considerably, reaching US$ 3.17 Bn  due to growing awareness about health benefits of eco-friendly products and rising demand for organic food products.

Surging awareness about adverse effects of synthetic chemicals present in pesticides, insecticides, and fertilizers on human health and environment is propelling the demand for organic products. This is expected to increase the demand for organic farming in North America, spurring sales of organic fertilizers at 5.8% CAGR in terms of volume.

Also, the market in North America is expected to witness remarkable growth due to the growing focus on sustainability among consumers, especially in the U.S. Various stringent regulations imposed by regional governments and environmental regulatory bodies to encourage the production of organic food products are expected to increase the adoption of organic fertilizers over the forecast period.

Organic cultivation has numerous benefits both in terms of soil quality and human health. However, there are numerous challenges faced while using organic fertilizers. Organic fertilizers are usually priced much higher (mostly 2-4 times) than the conventional fertilizers.

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Moreover, as organic fertilizers are lower in nutritional content (n-p-k) value, they also need to be applied at higher rates. In some cases, where the soil nutrient content is very low, organic fertilizers alone cannot meet the demand.

The initial yield during conversion of land from inorganic to organic is also quite lower. Also, there are additional costs required for the certification of organically cultivated products. Hence, farmers are sometimes reluctant to invest in organic fertilizers. This could restrain the growth of the market to an extent.

Nonetheless, favorable government initiatives and subsidies will help improve the adoption of organic fertilizers, improving the market growth as well. Owing to these factors, the North America organic fertilizers market is poised to expand at a robust pace.

Key Takeaways from Organic Fertilizers Market Study

  • North America organic fertilizers market is expected to expand at 6.9% CAGR in terms of value between 2021 and 2031.
  • Fruits and vegetables will dominate in terms of application, followed by cereals and crops.
  • Based on form, the solid organic fertilizers will lead the market, accounting for nearly 72.4% of market share.
  • The U.S. is expected to be the most lucrative country owing to the growing adoption of organic farming methods in the country
  • In terms of source type, animal source will lead the segment, holding over 72.1% of market revenue.

 “Various favorable government initiatives are encouraging  organic farming across the U.S. and Canada. This is expected to bolster the demand for organic fertilizers over the forecast period,” said an analyst at FMI.

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Organic Fertilizers Market: Participant Insights                                                 

According to the Market Research analysis Sustane Natural Fertilizer Inc, True Organic Products Inc, California Organic Fertilizers Inc., Purely Organics LLC, Fertoz Limited, Fertilizers USA LLC, The Scotts Miracle-Gro Company, Sigma AgriScience, LLC, Bio Green USA, Inc., American Plant Food Corporation and others are identified as Key Players in the North America Organic Fertilizers market.

Scope of Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for Value and Kilo Tons for Volume
Key Regions Covered North America
Key Countries Covered United States, Canada
Key Segments Covered Source Type, Application, Form, and Country
Key Companies Profiled
  • Sustane Natural Fertilizer Inc
  • True Organic Products Inc.
  • California Organic Fertilizers Inc.
  • Purely Organics LLC
  • Fertoz Limited
  • Fertilizers USA LLC
  • The Scotts Miracle-Gro Company
  • Sigma AgriScience, LLC
  • Bio Green USA, Inc.
  • American Plant Food Corporation
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

About Chemicals & Materials division of FMI

The Chemicals & Materials division at FMI offers distinct and pin-point analysis about the chemicals & materials industry. Coverage of the chemicals and materials  market extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites, and nanotechnology. The team also puts special emphasis on ‘green alternatives’, recycling and renewable technology developments, and supply-demand trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

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