Organic Fertilizers Market

The organic fertilizers market is estimated at USD 7.9 billion in 2024 and is projected to reach USD 13.6 billion by 2029, at a CAGR of 11.5% from 2024 to 2029.  The organic fertilizers market is witnessing growth due to various factors, primarily spurred by shifts in consumer preferences, environmental consciousness, and advancements in agricultural methods. Consumers are becoming increasingly aware of the potential health hazards associated with chemical fertilizers and synthetic additives commonly used in conventional farming. Consequently, many are turning to organic products, including foods cultivated with organic fertilizers, perceiving them as safer and healthier alternatives. Moreover, there's a rising emphasis on sustainable agriculture and environmental preservation, propelling the demand for organic fertilizers. These fertilizers, sourced from natural materials like compost, manure, and plant residues, not only enhance soil health and fertility but also mitigate the risk of environmental contamination and soil depletion. This trend resonates with the global movement towards sustainable and eco-friendly farming practices, further stimulating the adoption of organic fertilizers.

Top 10 Companies in Organic Fertilizers Market

• Yara (Norway)  
• ICL (Israel)  
• K+S Aktiengesellschaft (Germany)  
• The Scotts Company LLC (US)  
• Coromandel International Limited (India)  
• Darling Ingredients (US)  
• SPIC (India)  
• T.Stanes and Company Limited (India)  
• Fertoz (Australia)  
• Multiplex Group Of Companies (India)

Yara (Norway)

Yara, a Norwegian chemical company renowned for its production of fertilizers, chemicals, and industrial products, has traditionally focused on conventional fertilizers. However, it has recently diversified into the organic fertilizers market, reflecting a strategic shift towards sustainability. Operating across three key segments—crop nutrition, industrial, and production—Yara has broadened its product range to encompass organic and environmentally friendly alternatives to traditional fertilizers. Drawing on its expertise in nutrient management and agricultural solutions, Yara has developed a range of organic fertilizer products to address the rising demand for sustainable farming practices. These organic fertilizers, derived from natural sources like compost, animal manure, and plant-based materials, aim to enhance soil health, boost crop yields, and mitigate environmental impact by reducing chemical runoff and soil erosion.

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In December 2023, Yara completed the acquisition of Agribios Italiana's organic-based fertilizer business, marking its second bolt-on acquisition in support of its organic strategy in Europe. This move underscores Yara's dedication to expanding its presence in the organic fertilizer sector, aligning with its broader mission to complement mineral fertilizers and advance regenerative agriculture while enhancing soil health.

ICL (Israel)

Originally established in 1968 as Israel Chemicals Ltd and now operating under the name ICL, this company, based in Israel, is active in both the fertilizer and specialty chemical sectors. It functions across three primary segments: Fertilizers, Industrial Products, and Performance Products. In the Fertilizers segment, ICL manufactures a variety of potash types, such as standard, granular, fine red, and white potash, sourced from diverse origins. Additionally, it produces phosphates like phosphate rock, phosphoric acid, fertilizers, and additives for animal feed. The Industrial Products segment focuses on flame retardants like brominates and organophosphorus, as well as elemental bromine and other chemicals. Lastly, the Performance Products segment specializes in manufacturing specialty phosphates, including technical, food grade, and electronic grade phosphoric acid, phosphate salts, food additives, wildfire safety products, alumina, and various other chemicals. In the organic fertilizers market, ICL plays a role through its production of phosphates and potash-based fertilizers, providing solutions to enhance soil health and promote organic agricultural practices.

In April 2020, ICL introduced Gronamic Golf 6-2-4, an organic-based fertilizer featuring distinctive, tested, and sustainable ingredients. This fertilizer is specifically formulated to promote a robust and natural response in turf health. Gronamic Golf 6-2-4 combines a special mix of mineral and plant-derived organic nutrients, offering a comprehensive solution for turf maintenance and vitality.

K+S Aktiengesellschaft (Germany)

K+S Aktiengesellschaft is a mineral company specializing in the exploration, production, and distribution of both specialized and standard fertilizers, as well as plant care and salt products. With operations primarily centered in Germany, the company extracts raw salts rich in potassium, magnesium, and sulfur from mines, which are essential nutrients for plant growth. These minerals undergo further processing to create various forms of fertilizers, including soil, foliar, and fertigation fertilizers. Alongside its extensive range of fertilizers, K+S also offers organic fertilizers that have been approved for use in organic farming. Leveraging the company's expertise in mineral extraction and processing, these organic fertilizers provide natural and sustainable nutrient solutions tailored for organic agricultural practices. K+S demonstrates a commitment to environmental stewardship and soil health through its organic fertilizers, contributing to the promotion of sustainable and eco-friendly farming practices worldwide. It's worth noting that many of K+S's fertilizers are endorsed for use in organic farming due to their natural origins.

In January 2023, K+S Aktiengesellschaft, a prominent player in fertilizers and specialty products globally, announced its agreement to purchase 75% of the fertilizer division of South African trading firm Industrial Commodities Holdings. The newly acquired entity will be known as Fertiva (Pty) Ltd. This acquisition will not only establish a distribution network alongside existing K+S Group entities in Kenya and Uganda but also bolster K+S's market position in the Sub-Saharan region. This expansion may positively impact the organic fertilizers market by enhancing availability and distribution channels, potentially increasing access to organic fertilizer options in the Sub-Saharan region.

Related Reports:

Organic Fertilizers Market by Source (Plant, Animal, Mineral), Form (Dry and Liquid), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), and Region - Global Forecast to 2029

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