Europe Organic Fertilizer Market by Source (Plant, Animal and Mineral); By Crop Type (Cereal and Grain, Oilseeds and Pulses, Fruits and Vegetables and Others); By Form (Dry Form and Liquid Form) and Region -Analysis of Market Size, Share and Trends for 2014 - 2019 and Forecasts to 2030
Europe Organic Fertilizer Market size was registered at USD 1,885.1 million in 2019 and is estimated to reach USD 4,061.8 million by 2030, registering a CAGR of 6.5% from 2020 to 2030.
Organic fertilizers are extracted from organic compounds that include human waste, animal waste, or vegetable matter and function as an ideal source of primary plant nutrients. Such fertilizers are called soil refiners because they raise the soil's organic & humus content and restore the soil's physical-chemical characteristics. These fertilizers replenish the soil and positively affect crop quality and quantity. The use of synthetic fertilizers, however, poses a risk of contamination by leaching to groundwater and surface water bodies as well as the transfer of synthetic residues to the food chain. That can harm human and animal health. The soil is replenished with additional fertilizers to ensure optimal nutrition, supplying it with nitrogen, phosphorous, and potassium among other nutrients needed. Furthermore, they also reduce the risk of environmental damage, as they are extracted from naturally occurring substances.
Government support coupled with increased awareness about the use of organic fertilizers is driving the growth of the European market for organic fertilizers. Moreover, the introduction by the regulatory bodies of strict regulations on the use of synthetic fertilizers and adverse effects induced by the excessive use of chemical fertilizers drive the adoption of organic fertilizers. Also, an increase in the number of organic farms in most of the country's regions is anticipated to increase organic fertilizer adoption.
By source (in %), Europe Organic Fertilizer Market, 2019
The animal segment is anticipated to register XX% of the market share during the forecasted period.
By source, it is categorized into plants, animals, and minerals. The animal segment dominated the market among other segments as Animals, fish, and birds are used to produce organic fertilizers, including meals for the blood, bone meal, and manure, which help grow crops and thus increase the market share.
The cereal and grain segment accounted for 6.5% of the nation’s volume in 2019
The crop type segment can be classified into cereal and grain, oilseeds and pulses, fruits and vegetables, and others. The segment of cereals and grains represented the largest market share in Europe. Cereals are one of the world's most important staple crops, and rice ranks first among cereal crops, in terms of production volume. Organic fertilizers help growing cereals absorb nutrients more effectively. They are one of nutrient management's critical components and are renewable and more cost-effective compared to synthetic fertilizers. Not only do these fertilizers enhance plant growth and yield but they also improve soil health and fertility. These also help increase crop immunity towards diseases, thus reducing expenses on chemicals for crop protection.
Dry form segment accounted for 6.5% of the nation’s volume in 2019
The European organic fertilizer market is segmented by form into dry form and liquid form. The dry segment represents the largest market share. Dry organic fertilizers may consist of a single material such as rock phosphate, or they may be a mixture of different ingredients. These fertilizers are cost-efficient and offer a wide range of nutrients. They are thus widely used among farmers because they don't require the use of advanced hardware-based on technology.
The region segment can be further divided into five major types including UK, Germany, France, Italy, Spain, and others.
Increased awareness and government regulations to drive the market demand
Government support coupled with increased awareness about the use of organic fertilizers is driving the growth of the European market for organic fertilizers. Moreover, the introduction by the regulatory bodies of strict regulations on the use of synthetic fertilizers and adverse effects induced by the excessive use of chemical fertilizers drive the adoption of organic fertilizers.
Growing dependency on inorganic cultivation techniques and lower nutrient content to hamper the market growth
One of the major constricting factors in the growth of the demand for organic fertilizers is the growing dependency on inorganic cultivation techniques. With the growing demand for food, farmers are increasingly relying on the use of synthetic fertilizers to optimize cropland productivity. Continued research and development activities on synthetic fertilizers and lower organic fertilizer nutrient content compared with synthetic fertilizers also restrict the market growth.
In terms of value and volume, Europe accounted for XX% of the total market volume share in 2019
Owing to an increased understanding of the advantages of organic fertilizers over inorganic fertilizers, Spain is expected to be the most lucrative market for the European organic fertilizer industry during the forecast period. Besides, an increase in the number of organic farms in most of the country's regions is anticipated to increase organic fertilizer adoption. Furthermore, the rise in demand for organic products from other central and northern European countries is expected to drive growth for the producers operating on the market.
The region segment can be further divided into five major types including UK, Germany, France, Italy, Spain, and others.
Some factors that improve the role in the market of the key players within the organic fertilizer market have been the diversified applications, increased awareness, the introduction of stringent regulations by the government, and increased demand.
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