North American Market Forecast
The organic fertilizers market in North America is estimated to have the largest share of approximately 38% in 2023, impelled by the growing demand for sustainable and eco-friendly agricultural practices, as farmers desire to achieve optimal yields while minimizing environmental impact. The increasing consumers' awareness of the negative impacts of synthetic chemicals in food products is driving the demand for organic food, thus boosting the organic fertilizer market. Moreover, the demand for chemical-free food products is on the rise, leading to an increased adoption of organic fertilizers sourced from natural materials. In 2018, organic market sales were US$47.86 billion, and the market grew by 6.3% from 2017 to 2018.
APAC Market Statistics
The Asia Pacific organic fertilizers market is estimated to be the second largest, during the forecast timeframe led by the higher demand for organic agriculture because it provides high-quality agricultural products as the necessity to ensure food security in the region, leading to high investments in research and development while the changes in farming practices in organic farming, leads to the development of the market.
Author Credits: Rajrani Baghel
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