United States Organic Fertilizers Market - Growth, Trends, and Forecast (2022 - 2030)
SKU ID :INH-14244364 | Published Date: 01-Apr-2019 | No. of pages: 81Description
Market Overview
The US organic fertilizers market is projected to witness a CAGR of 6.1% over the forecast period, 2019-2024. The increasing area under organic farming, especially in fruits and vegetables, is expected to drive the market.
Among all the states in the United States, California is forecasted to be the fastest-growing market, at a CAGR of 6.6%, on account of the large area under organic fruit and vegetable farms in the state.
Scope of the Report
Although the definition for organic fertilizers is not well defined, the current report encompasses both fertilizers derived from organic plant and animal matter, such as green manure, oil cakes, bone meal, fish meal, etc., as well as those derived from micro-organisms, which are commonly known as biofertilizers.
Key Market Trends
California is the Major Consuming State
The total consumption of organic fertilizers in California was 100,686 metric ton in 2018. There are around 300 organic strawberry growers in five distinct areas of California, namely Watsonville/Salinas, Santa Maria, Oxnard, Orange County/San Diego, and the Central Valley.
As the season wears on, conventional growers can implement Controlled-Release nitrogen fertilizers to boost productivity, which hardly makes any Timed-Release fertilizers available to organic growers. With the expanding organic strawberries market in California, the industry players have an opportunity to enter into the market and resolve this issue being faced by organic strawberry growers in California.
Increase in Area Under Organic Farming is Driving the Organic Fertilizers Market in the United States
The area of certified field crops in the United States increased from 1.68 million acres in 2016 to 1.85 million acres in 2018. The area of certified organic fruits, tree nuts, and berries in the country grew from 71,720 acres in 2016 to 73,220 acre in 2018. Organic oats account for the highest percentage of an organic crop, with 3.6% of the total oat acreage.
Competitive Landscape
The US organic fertilizers market is moderately fragmented, with a large number of domestic companies occupying most of the market in the regions of California, Florida, Georgia, Arizona, Texas, Illinois, Colorado, and Washington. While most of these companies have developed solid agreements with distributors to cater to the end-users, others have their own distribution networks, thus increasing their revenues by distributing products of independent manufacturers.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
The US organic fertilizers market is projected to witness a CAGR of 6.1% over the forecast period, 2019-2024. The increasing area under organic farming, especially in fruits and vegetables, is expected to drive the market.
Among all the states in the United States, California is forecasted to be the fastest-growing market, at a CAGR of 6.6%, on account of the large area under organic fruit and vegetable farms in the state.
Scope of the Report
Although the definition for organic fertilizers is not well defined, the current report encompasses both fertilizers derived from organic plant and animal matter, such as green manure, oil cakes, bone meal, fish meal, etc., as well as those derived from micro-organisms, which are commonly known as biofertilizers.
Key Market Trends
California is the Major Consuming State
The total consumption of organic fertilizers in California was 100,686 metric ton in 2018. There are around 300 organic strawberry growers in five distinct areas of California, namely Watsonville/Salinas, Santa Maria, Oxnard, Orange County/San Diego, and the Central Valley.
As the season wears on, conventional growers can implement Controlled-Release nitrogen fertilizers to boost productivity, which hardly makes any Timed-Release fertilizers available to organic growers. With the expanding organic strawberries market in California, the industry players have an opportunity to enter into the market and resolve this issue being faced by organic strawberry growers in California.
Increase in Area Under Organic Farming is Driving the Organic Fertilizers Market in the United States
The area of certified field crops in the United States increased from 1.68 million acres in 2016 to 1.85 million acres in 2018. The area of certified organic fruits, tree nuts, and berries in the country grew from 71,720 acres in 2016 to 73,220 acre in 2018. Organic oats account for the highest percentage of an organic crop, with 3.6% of the total oat acreage.
Competitive Landscape
The US organic fertilizers market is moderately fragmented, with a large number of domestic companies occupying most of the market in the regions of California, Florida, Georgia, Arizona, Texas, Illinois, Colorado, and Washington. While most of these companies have developed solid agreements with distributors to cater to the end-users, others have their own distribution networks, thus increasing their revenues by distributing products of independent manufacturers.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
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