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Friday / December 20. 2024
HomeInputsAgro chems – FertilizersOrganic fertilisers market to reach over $22.13B by 2028

Organic fertilisers market to reach over $22.13B by 2028

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Organic fertilisers have helped greatly to consumers so that they can avail access to clean-label food items

As per the exclusive report by Vantage Market Research, the global Organic Fertilisers Market size is expected to reach over $22.13 Billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 12.1 per cent during the forecast period.

Organic fertilisers have helped greatly to consumers so that they can avail access to clean-label food items, to the extent that they are ready to pay a higher price for such products. Key manufacturers are therefore investing in bolstering their R&D capabilities and disperse eco-friendly fertilisers heavily, states Vantage Market Research, in a report, titled “Organic Fertilisers Market by source (Plant, Animal, Mineral), by crop type (Cereals & grains, Oilseed & pulses, Fruits & vegetables, Others), by form (Dry, Liquid), by Region (North America, Europe, Asia Pacific, Middle East & Africa) – Global Industry Assessment (2016 – 2021) and Forecast (2022 – 2028)”.

The agriculture sector depends largely upon fertilizers for improvement in soil productivity. Majorly chemical or synthetic fertilisers are used for enhancing crop yield. Moreover, there is trend towards use of these fertilisers, due to increase in awareness of adverse effects because of chemical fertilisers to both environment and human beings.

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