Organic Fertilizers Market | Exactitude Consultancy Reports

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Organic Fertilizers Market by Source (Animal, Plant, Mineral), Form (Dry and Liquid), Crop Type (Cereals & grains, Oilseeds & pulses, Fruits & vegetables), and by Region Global Trends and Forecast from 2022 to 2029

The global organic fertilizers market is projected to reach USD 18.06 billion by 2029 from USD 8.81 billion in 2020, at a CAGR of 9.32 % from 2022 to 2029.

Segment Analysis
The global organic fertilizers market is segmented by source, form, crop type and region.

Based on source, the organic fertilizers market is segregated into plant, animal, mineral. The animal sector ruled the market, accounting for the highest value share in 2021. Animals, fish, and birds are used to create organic fertilizers such as blood meal, bone meal, and manure, which aids in agricultural development. They are rich in basic growth ingredients like nitrogen, phosphorus, and potassium. Organic fertilizers derived from animals are further classified as dung, blood meal, bone meal, feather meal, fish meal, and other byproducts. In 2021, the blood meal segment led the market for animal-based organic fertilizers, accounting for roughly 33% of the total. Blood meal is pulverized animal blood that includes 15% nitrogen and minerals like zinc, copper, and boron.

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