South America Organic Fertilizers Market

Market Introduction

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 food safe and are also easy to use 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.

South America Organic Fertilizers Strategic Insights

Strategic insights for the South 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.

South America Organic Fertilizers Report Scope

South America Organic Fertilizers Regional Insights

The geographic scope of the South 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 SAM is expected to reach US$ 1,453.15 million by 2027 from US$ 619.07 million in 2018 and is expected to grow at a CAGR of 10.0% from 2019 to 2027. The increase in organic farming is one of the crucial drivers for the organic fertilizers market. Today, a large portion of the region's population lives in urban areas, particularly in the developed economies. This is due to the region's economic development, resulting in an increased per capita income. The rising urbanization has surged the demand for more healthy food products like organic food and beverages. Thus, the demand for organic fertilizer is increasing with the growing focus on sustainability and organic farming.

Moreover, growing 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 SAM. Thus, the growth of organic agriculture is expected to propel the organic fertilizers market. Also, evolving agricultural practices, new technologies, high investments in research & development, and increasing health-consciousness are some of the 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. Also, COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. In the SAM region, Brazil has the highest COVID-19 cases, followed by the countries Ecuador, Chile, Peru, and Argentina. South American government has taken various actions to protect their citizens and contain COVID-19’s spread. It is predicted that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several South American countries will reduce economic activity in the manufacturing sectors for at least the next quarter, with a rebound once the epidemic is contained. This is anticipated to impact organic fertilizers market growth in the coming period negatively.

Key Market Segments

The SAM 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 SAM 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 SAM 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.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the organic fertilizers market in SAM 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; Italpollina SpA; ScottsMiracle-Gro; and Suståne Natural Fertilizer, Inc. among others.

Reasons to buy report

• To understand the SAM organic fertilizers market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM Organic fertilizers Market
• Efficiently plan M&A and partnership deals in SAM organic fertilizers market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM Organic fertilizers Market
• Obtain market revenue forecast for market by various segments from 2019-2027 in SAM region.

SAM Organic fertilizers Market Segmentation

1. 1. 1. SAM Organic Fertilizers Market – By

         Source

• Plant
• Animal
• Mineral

2. 2. 2. SAM Organic Fertilizers Market – By

         Crop Type

• Cereals and Grains
• Oilseed and Pulses
• Fruits and Vegetables
• Others

3. 3. 3. SAM Organic Fertilizers Market – By

         Form

• Dry
• Liquid

4. 4. 4. SAM Organic Fertilizers Market – By

         Country

• Brazil
• Argentina
• Rest of SAM

Company Profiles

• AgroCare Canada
• Biostar Renewables, LLC
• Italpollina SpA
• ScottsMiracle-Gro
• Suståne Natural Fertilizer, Inc.