Asia-Pacific Organo-Mineral Fertilizers Market, Crop Type (Fruits & Nuts, Vegetable, Flower, Tea Plants, Field Crops, Turf & Ornamental, Others), Application (Solid Fertilizers, Liquid Fertilizers), Packaging Type (Cartons, Bags, Can/Bottle, Others), Distribution Channel (Direct, Indirect) - Industry Trends and Forecast to 2030.
Asia-Pacific Organo-Mineral Fertilizers Market Analysis and Size
Farmers prefer to use organo-mineral fertilizers because they are less harmful to the environment and increase crop quality and efficiency. Mineral ores, beneficial microorganisms, and plant and animal waste are the main sources of biological organic fertilizers. Natural organic fertilizers include peat, manure, slurry, animal waste from the processing of meat, and guano. They have been working to advance an environmentally friendly farming system. Ammonia solutions with phosphates, potassium salts, ammonia, and phosphoric acid are used to treat organic materials like lignite, humus, shales, silts, or peat.
Data Bridge Market Research analyses that the organo-mineral fertilizers market, valued at USD 489.87 million in 2022, will reach USD 734.87 million by 2030, growing at a CAGR of 5.2% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Asia-Pacific Organo-Mineral Fertilizers Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Crop Type (Fruits & Nuts, Vegetable, Flower, Tea Plants, Field Crops, Turf & Ornamental, Others), Mode of Application (Solid Fertilizers, Liquid Fertilizers), Packaging Type (Cartons, Bags, Can/Bottle, Others), Distribution Channel (Direct, Indirect),
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Countries Covered
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China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
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Market Players Covered
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ARTAL SMART AGRICULTURE (Spain), Biolchim SPA (Italy), Sinon Corporation (Taiwan), Unikeyterra (Turkey), Coromandel International Limited (India)
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Market Opportunities
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Market Definition
Organo-mineral fertilizer is compounds chemically or adsorption-bound to make up organo-mineral fertilizers. They are made by combining inorganic fertilizers with soil conditioners to produce a chemical reaction, blending, of inorganic fertilizers or granulation processes that contain the required quantity of one or more nutrients.
Organo-Mineral Fertilizers Market Dynamics
Drivers
- Increasing demand for fertilizers rich in nutrients contributes to the booming agro market
Organo-mineral fertilizers are nutrient-dense and thus beneficial to a wide range of crops. They are made up of organic and mineral materials, such as animal manure, agricultural waste, or sewage sludge. Adsorption of organic matter in organo-mineral fertilizers protects against inorganic components, slowing the rate of plant nutrient release. This feature of fertilizers contributes to their market success.
- Organic fertilizers contribute to crop yields productivity
By reducing discharge losses and increasing crop yield, organo-mineral fertilizers improve crop productivity and plant water-holding capacity. Growing awareness about other fertilizers' harmful effects on the crops due to prolonged chemical exposure will further boost the market growth for organo-mineral fertilizers. Furthermore, increased demand for organic products from developed countries, implementing organic farming practices, and maintaining high farming standards have contributed to the industry's positive outlook.
Opportunities
- An increased need for organic fertilizers to lessen the negative effects of chemicals
Companies are expanding their manufacturing bases to meet the increased demand for organo-mineral fertilizers. Increased agricultural production and productivity, in combination with growing awareness about the long-term chemical exposure's harmful effects on the crops, has persuaded the government to take initiatives for organo-mineral fertilizers and lowered the prices compared to chemical fertilizers and animal waste management. Increased farmer awareness has resulted in a shift toward modern agricultural techniques, increased crop production of various crop types, and increased demand for organo-mineral fertilizer.
Restraints/Challenges
- Fluctuations in the prices of raw materials can affect the economy
Since raw material costs frequently change, it is challenging to offer fertilizers at a lower cost consistently. Even compared to standard fertilizers, the availability of organic fertilizers is limited. Also, transportation costs are high, and they can even cause price changes due to significant location changes. As a result, it causes a price disparity for the product in every geographical territory.
This organo-mineral fertilizers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. to gain more info on the organo-mineral fertilizers market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2020, Unikeyterra attended the Hortex Vietnam 2020 trade show. It has aided the business in developing a strong network among people, which has increased its customer base.
- In 2018, A new product line from ARTAL SMART AGRICULTURE was released, helping to define the requirements for particular crops. This product line consists of four items created for a particular crop and gradually expanded to other crops. The new foliar fertilizer products from ARTAL Agrinutrients include ARTAL Rice, ARTAL Grain, ARTAL Olive, and ARTAL Vine. This development has added high-quality values, which helps the business's quality, profitability, and output.
Asia-Pacific Organo-Mineral Fertilizers Market Scope
The organo-mineral fertilizers market is segmented on the basis of crop type, application, packaging type, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Crop Type
- Fruits & Nuts
- Vegetable
- Flower
- Tea Plants
- Field Crops
- Turf & Ornamental
- Others
Application
- Solid Fertilizers
- Liquid Fertilizers
Packaging Type
- Cartons
- Bags
- Can/Bottle
- Others
Distribution Channel
- Direct
- Indirect
Organo-Mineral Fertilizers Market Regional Analysis/Insights
The organo-mineral fertilizers market is analyzed and market size insights and trends are provided by country, crop type, application, packaging type and distribution channel as referenced above.
The countries covered in the organo-mineral fertilizers market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines and Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
China is the largest producer and exporter of organo-mineral fertilizers in Asia-Pacfic and India is the world's second-largest consumer of fertilizers. Japan is the third-largest fertilizer market in the Asia-pacific region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Organo-Mineral Fertilizers Market Share Analysis
The organo-mineral fertilizers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to organo-mineral fertilizers market.
Some of the major players operating in the organo-mineral fertilizers market are:
- ARTAL SMART AGRICULTURE (Valencia)
- Biolchim SPA (Italy)
- Sinon Corporation (Taiwan)
- Unikeyterra (Turkey)
- Coromandel International Limited (India)
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