Market Size of North America Biological Organic Fertilizer Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 14.10 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Biological Organic Fertilizer Market Analysis
The North American biological organic fertilizer market is expected to register a CAGR of 14.1% during the forecast period of 2020-2025. Organic fertilizer is applied in bulk or in concentrate, depending on the nutrient level content in the particular concentration of product ingredients. The selected strains of beneficial soil microorganisms used either for seed treatment or soil application are particularly gaining momentum among the farming communities. Increased concern about environment and growth in the organic food industry has paved the way for the use of bio-based organic fertilizers.
North America Biological Organic Fertilizer Industry Segmentation
The report provides insights on the North American biological organic fertilizer market. The market is segmented, based on type (into microorganism and organic residues), application type (into cereals, legumes, fruits and vegetables, plantations, and others), and geography (into the United States, Canada, Mexico, and the Rest of North America). The report includes an analysis of the competitive landscape, along with the overview of the industry, growth, and for the forecasted period.
By Application | |
Microorganism | |
Organic residues |
By Type | |
Cereals | |
Legumes | |
Fruits and Vegetables | |
Plantations | |
Other Types |
Geography | ||||||
|
North America Biological Organic Fertilizer Market Size Summary
The North American biological organic fertilizers market is experiencing significant growth, driven by the increasing demand for sustainable and eco-friendly agricultural practices. The shift towards organic food consumption has been a major catalyst, as consumers increasingly prefer residue-free and safe food options. This trend is encouraging farmers to adopt chemical-free cultivation methods, thereby boosting the demand for biological organic fertilizers. The market is characterized by the use of beneficial soil microorganisms for seed treatment and soil application, which are gaining popularity among farming communities. The rising environmental concerns and the high cost of chemical fertilizers are further propelling the adoption of bio-based organic fertilizers, supported by government initiatives promoting sustainable farming practices.
The market landscape is competitive, with major players like Novozymes AS, Rizobacter Argentina SA, T Stanes & Company Limited, Biomax, Symborg, and Labiofam SA actively participating in the region. These companies are focusing on research and development to introduce effective strains and are launching new products to expand their market share. The area under organic farming in the United States is steadily increasing, indicating a growing demand for organic fertilizers. This expansion is supported by the strategic efforts of key market players to cater to a broader consumer base and enhance their presence in the North American market.
North America Biological Organic Fertilizer Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.3 Market Restraints
-
1.4 Porters Five Force's Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers/Consumers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 By Application
-
2.1.1 Microorganism
-
2.1.2 Organic residues
-
-
2.2 By Type
-
2.2.1 Cereals
-
2.2.2 Legumes
-
2.2.3 Fruits and Vegetables
-
2.2.4 Plantations
-
2.2.5 Other Types
-
-
2.3 Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexico
-
2.3.1.4 Rest of North America
-
-
-
North America Biological Organic Fertilizer Market Size FAQs
What is the current North America Biological Organic Fertilizer Market size?
The North America Biological Organic Fertilizer Market is projected to register a CAGR of 14.10% during the forecast period (2024-2029)
Who are the key players in North America Biological Organic Fertilizer Market?
Novozymes A/S, Bio Max, T Stanes & Company Limited and Symborg are the major companies operating in the North America Biological Organic Fertilizer Market.