North America Biological Organic Fertilizers Market Size 2031
North America Biological Organic Fertilizers Market Size 2031
Segments - North America Biological Organic Fertilizers Market by Types [Organic Residues and Microorganism], Application [Fruits and Vegetables, Legumes, Plantations, Cereals, and Others], and Geography [Canada, Mexico, United States, and Rest of North America] – Industry Analysis, Growth, Shares, Size, Trends, and Forecast 2023 – 2031
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| Report ID :MC-1143
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Report Description
North America Biological Organic Fertilizers Market Outlook 2031
The North America biological organic fertilizers market size was valued at USD 1.41 billion in 2022 and is anticipated to reach USD 4.62 billion by 2031 expand at a significant CAGR 14.1% during the forecast period, 2023–2031. Growth of the market is attributed to rapid development in food industry, increasing demand for high yield crops, growing concern about environment, and increasing environmental regulations.
Organic fertilizers are compost that are organically formed and have carbon. The biological fertilizers are substances that can be supplied to plants and soil, in sequence to provide better sustain growth and nutrition’s. Generally biofertilizers contain all animal waste such as mineral sources, manure, meat processing, slurry, guano, and plant based composts like biosolids and manures.
The biological organic fertilizers are bio-chemical mixtures, that assist in adapting physiological developments of crops. These fertilizers severely affect the differentiation and growth of organs, plant cells, and tissues. With the rapid development in agriculture sector, the requirement of biological organic fertilizers was also increasing.
The covid-19 pandemic affected the demand and supply of the North America biological organic fertilizers market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
North America Biological Organic Fertilizers Market Trends, Drivers, Restraints, and Opportunities
- Increased demand for biological organic fertilizers is projected to boost the market.
- Increasing research funding for agriculture sector is the major factor fueling the market.
- Low adaptation rate and high cost of organic fertilizers is projected to restrict the market expansion during the forecast period.
- Lack of awareness about organic fertilizers among farmers is anticipated to hamper the market growth in the coming years.
- R&D investment and technological advancement in biological organic fertilizers market is projected to offer lucrative opportunities for the market players.
Scope of North America Biological Organic Fertilizers Market Report
The report on the North America biological organic fertilizers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Biological Organic Fertilizers Market – North America Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016-2021 |
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Forecast Period |
2023-2031 |
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Segmentation |
Types [Organic Residues and Microorganism], Application [Fruits and Vegetables, Legumes, Plantations, Cereals, and Others] |
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Regional Scope |
North America [Canada, Mexico, United States, and Rest of North America] |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players covered in the Report |
Ajay Bio-Tech Ltd., Symbong SL, Biomax Pharma Services, T Stanes & Company Limited, Novozymes A/S, Corteva Agriscience, Labiofam SA, Bio Nature Technology PTE Ltd., Krishak Bharati Cooperative Limited, and Antibiotice S.A. |
North America Biological Organic Fertilizers Market Segment Insights
Based on types, the North America biological organic fertilizers market is bifurcated into organic residues and microorganism. The organic residues segment accounts for a key share of the market. Growth of the market is attributed to increasing adaptation of organic farming methods, increasing population, and rising crop production.
However, the microorganism segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rapid expansion of organic food industry, increasing demand for bio fertilizers, and rising consumption of organic food.
On the basis of applications, the North America biological organic fertilizers market is segmented into fruits and vegetables, legumes, plantations, cereals, and others. The fruit and vegetables segment accounts for a key share of the market. Growth of the market attributed to increasing supply of quality products and rising cost of chemical fertilizers.
The cereals segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing customer preferences towards organic methods of cultivation and increasing availability of arable land.
On the basis of regions, the North America biological organic fertilizers market is categorized as Canada, Mexico, United States, and Rest of North America. The market of Canada is estimated to expand at a high CAGR during the forecast period due to rapid economic growth in region and encouragement from government organizations. The market of United States is estimated to hold a key market share due to increasing population and increasing demand for premium quality crops.
Segments
The North America biological organic fertilizers market has been segmented on the basis ofTypes
- Organic Residues
- Microorganism
Applications Types
- Fruits and Vegetables
- Legumes
- Plantations
- Cereals
- Others
Region
- North America
Key Players
- Ajay Bio-Tech Ltd.
- Symbong SL
- Biomax Pharma Services
- T Stanes & Company Limited
- Novozymes A/S
- Corteva Agriscience
- Labiofam SA
- Bio Nature Technology PTE Ltd.
- Krishak Bharati Cooperative Limited
- Antibiotice S.A.
Competitive Landscape
Key players competing in the North America biological organic fertilizers market include Ajay Bio-Tech Ltd., Symbong SL, Biomax Pharma Services, T Stanes & Company Limited, Novozymes A/S, Corteva Agriscience, Labiofam SA, Bio Nature Technology PTE Ltd., Krishak Bharati Cooperative Limited, and Antibiotice S.A.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and raise their production line of the business in the coming years.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Biological Organic Fertilizers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Biological Organic Fertilizers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Biological Organic Fertilizers Market - Supply Chain
4.5. Global Biological Organic Fertilizers Market Forecast
4.5.1. Biological Organic Fertilizers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Biological Organic Fertilizers Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Biological Organic Fertilizers Market Absolute $ Opportunity
5. Global Biological Organic Fertilizers Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Biological Organic Fertilizers Market Size and Volume Forecast by Types
5.3.1. Organic Residues Microorganism
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Biological Organic Fertilizers Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Biological Organic Fertilizers Market Size and Volume Forecast by Applications
6.3.1. Fruits and Vegetables Legumes Plantations Cereals Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Biological Organic Fertilizers Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Biological Organic Fertilizers Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Biological Organic Fertilizers Demand Share Forecast, 2019-2026
8. North America Biological Organic Fertilizers Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Biological Organic Fertilizers Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Biological Organic Fertilizers Market Size and Volume Forecast by Types
8.4.1. Organic Residues Microorganism
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Biological Organic Fertilizers Market Size and Volume Forecast by Applications
8.7.1. Fruits and Vegetables Legumes Plantations Cereals Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Biological Organic Fertilizers Demand Share Forecast, 2019-2026
9. Latin America Biological Organic Fertilizers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Biological Organic Fertilizers Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Biological Organic Fertilizers Market Size and Volume Forecast by Types
9.4.1. Organic Residues Microorganism
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Biological Organic Fertilizers Market Size and Volume Forecast by Applications
9.7.1. Fruits and Vegetables Legumes Plantations Cereals Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Biological Organic Fertilizers Demand Share Forecast, 2019-2026
10. Europe Biological Organic Fertilizers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Biological Organic Fertilizers Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Biological Organic Fertilizers Market Size and Volume Forecast by Types
10.4.1. Organic Residues Microorganism
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Biological Organic Fertilizers Market Size and Volume Forecast by Applications
10.7.1. Fruits and Vegetables Legumes Plantations Cereals Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Biological Organic Fertilizers Demand Share Forecast, 2019-2026
11. Asia Pacific Biological Organic Fertilizers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Biological Organic Fertilizers Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Biological Organic Fertilizers Market Size and Volume Forecast by Types
11.4.1. Organic Residues Microorganism
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Biological Organic Fertilizers Market Size and Volume Forecast by Applications
11.7.1. Fruits and Vegetables Legumes Plantations Cereals Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Biological Organic Fertilizers Demand Share Forecast, 2019-2026
12. Middle East & Africa Biological Organic Fertilizers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Biological Organic Fertilizers Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Biological Organic Fertilizers Market Size and Volume Forecast by Types
12.4.1. Organic Residues Microorganism
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Biological Organic Fertilizers Market Size and Volume Forecast by Applications
12.7.1. Fruits and Vegetables Legumes Plantations Cereals Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Biological Organic Fertilizers Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Biological Organic Fertilizers Market: Market Share Analysis
13.2. Biological Organic Fertilizers Distributors and Customers
13.3. Biological Organic Fertilizers Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Ajay Bio-Tech Ltd. Symbong SL Biomax Pharma Services T Stanes & Company Limited Novozymes A/S Corteva Agriscience Labiofam SA Bio Nature Technology PTE Ltd.
Methodology
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