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  • Published In : Jun 2024
  • Code : CMI377
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Agrochemicals

Regional Analysis

Organic Fertilizer Market Regional Insights

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North America has been the dominant region in the organic fertilizer market for many years. The region is expected to account for 37.7% of the market share in 2024. The U.S. accounts for the largest share due to strong demand from both agricultural and non-agricultural sectors. Farmers in the Midwest have increasingly adopted organic practices in recent times, driving volumes significantly. Many state governments provide subsidies to promote organic and sustainable agriculture as well. Additionally, household and commercial customers prefer organic options for their lawn and garden care. Major players have established production facilities catering to this huge base, aiding easy availability across the country. Some of the popular brands dominating retail shelves are widely recognized. However, high input and compliance costs pose challenges, limiting overall acreage still.

The Asia Pacific region has emerged as the fastest growing organic fertilizer market globally over the past five years. China represents the epicenter of growth while India is fast catching up. Both countries have huge populations and corresponding demand for food grains. This necessitates maximizing yields while maintaining soil health. The governments of China and India are actively supporting organic sector development through schemes and incentives. The focus on the export of organic products has spurred investment towards infrastructure and certification. Local production is rising steadily to achieve self-sufficiency as well as to address growing imports. Market pressures have forced traditional fertilizer suppliers to include organic variants in their product portfolios. Overall favorable regulations and policy push combined with a conducive pricing structure have made the region highly attractive for both domestic and international firms. The robust economic growth further complements volume gains across nations.

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