North America Organic Fertilizers Market
Organic fertilizers are generally obtained from natural sources such as human excreta, animal matter, vegetable matter, manure, etc. They are the vital elements that help to promote the growth of micro-organisms present in the soil. The nutritional content of the organic fertilizers depends upon their composition. Organic fertilizers are easy to use and are also food safe when compared to synthetic fertilizers. Synthetic fertilizers cause-specific harmful effects on the environment and the living creatures, due to which the companies have developed organic fertilizers to reduce the damage.
Strategic insights for the North America Organic Fertilizers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 1,001.48 Million |
| Market Size by 2027 | US$ 2,442.15 Million |
| Global CAGR (2019 - 2027) | 10.5% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Source
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The geographic scope of the North America Organic Fertilizers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The organic fertilizers market in North America is expected to reach US$ 2,442.15 million by 2027 from US$ 1,001.48 million in 2018 and is expected to grow at a CAGR of 10.5% from 2019 to 2027. The surge in organic farming is one of the crucial drivers for the organic fertilizers market. The increasing health awareness among consumers is driving the demand for organic products. The consumer considers organic products as safe and healthy. Therefore, there has been a significant increase in organic farming across North America. Thus, the growth of organic agriculture is expected to propel the organic fertilizers market. Also, the rise in government initiatives and subsidies are driving the farmers to opt for organic farming to reduce environmental pollution. Evolving agricultural practices, new technologies, high investments in research & development, and increasing health-consciousness are essential factors that are anticipated to boost the organic fertilizers market.
However, restraints such as stringent regulations related to organic fertilizers are likely to affect the market's growth in the forecast period. Moreover, COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. In the North America region, the US has the highest number of confirmed cases of COVID-19, as compared to Canada and Mexico. This is likely to negatively affect the region's chemicals & materials industry as, due to the COVID-19, the supply chain is likely to get affected. The overall manufacturing processes, research, and development activities will also impact market growth.
The North America Organic Fertilizers market is segmented into source, crop type, and form. Based on source, the organic fertilizers market is bifurcated into plant, animal and mineral. The animal segment dominated the North America organic fertilizers market during the forecast period of 2019-2027. The organic fertilizers market based on crop type has been segmented into cereals and grains, oilseed and pulses, fruits and vegetables and others. The cereals and grains segment dominated the North America organic fertilizers market, whereas the market for fruits and vegetables is expected to grow at a higher CAGR during the forecast period. Based on form the organic fertilizers market is sub-segmented into dry and liquid. The dry form segment held the largest share during the forecast period.
A few major primary and secondary sources referred to for preparing this report on the organic fertilizers market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AgroCare Canada; Biostar Renewables, LLC; Coromandel International Limited; Italpollina SpA; Midwestern BioAg; Perfect Blend, LLC; ScottsMiracle-Gro; and Suståne Natural Fertilizer, Inc. among others.
The North America Organic Fertilizers Market is valued at US$ 1,001.48 Million in 2018, it is projected to reach US$ 2,442.15 Million by 2027.
As per our report North America Organic Fertilizers Market, the market size is valued at US$ 1,001.48 Million in 2018, projecting it to reach US$ 2,442.15 Million by 2027. This translates to a CAGR of approximately 10.5% during the forecast period.
The North America Organic Fertilizers Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Organic Fertilizers Market report:
The North America Organic Fertilizers Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Organic Fertilizers Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Organic Fertilizers Market value chain can benefit from the information contained in a comprehensive market report.
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