With the various signs of climate change, such as melting polar ice caps and glaciers, severe tropical storms, longer droughts, rising sea levels, and increasing global temperature, becoming more and more evident with each passing year, it’s time we start devising strategies for saving this beautiful planet and ensuring that it remains the ‘blue planet’, instead of turning into something right out of a post-apocalyptic movie.
The major reason behind the advance of the organic fertilizers market is the increase in the land area in which organic farming is being practiced. This is due to the increasing investments in the field and growing demand for organic food products on account of their various benefits for humans. Moreover, even the usage of organic fertilizers only benefits the soil upon leeching, unlike chemical-based fertilizers, which pollute the soil and destroy its nutrient content. Furthermore, high prices are charged for organically grown products, which is another reason for farmers to cheer.
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Europe presently holds the largest share in the organic fertilizers market, as a result of the large-scale organic farming being practiced in France, Germany, Spain, and Italy. The rapidly rising demand for organic food has encouraged farmers to go for this approach, while laws such as the Common Agricultural Policy (CAP) and EU Regulation 2018/848 have enabled them to do so. In addition, an organized supply chain allows organically grown food products to travel from the farms to people’s tables with much ease.
The Rest of the World (RoW) region will grow at the highest rate in the market during the forecast period. This is ascribed to the increasing consumption of such products in Latin American (LATAM) countries for growing coffee, cocoa, quinoa, bananas, and sugarcane. In the same vein, in Africa, organic farming is being adopted for the cultivation of oilseeds, coffee, textile crops, olives, nuts, and cocoa. The increasing interest of the public and government organizations in organic farming is driving the demand for organic fertilizers in RoW.
Hence, as the dangers of chemical fertilizers on the soil and crop quality become more evident, the demand for organic fertilizers will increase.
Get More Details Organic Fertilizers Market Regional, And Country-Level Market Sizes
