North America 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.
North America Organo-Mineral Fertilizers Market Analysis and Size
Farmers prefer organo-mineral fertilizers because they improve crop quality and efficiency while posing a less environmental risk. The principal sources of biological organic fertilizers are mineral ores, advantageous microorganisms, and plant and animal waste. Peat, manure, slurry, animal waste from meat processing, and guano are examples of natural organic fertilizers. They have been advancing an environmentally friendly farming system. Organic materials like lignite, humus, shales, silts, or peat are treated using ammonia solutions that contain phosphates, potassium salts, ammonia, and phosphoric acid.
Data Bridge Market Research analyses that the organo-mineral fertilizers market, valued at USD 235.45 million in 2022, will reach USD 236.61 by 2030, growing at a CAGR of 0.061% from 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.
North America 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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U.S., Canada and Mexico in North America
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Market Players Covered
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ARTAL SMART AGRICULTURE (Valencia), ICL Specialty fertilizers (U.S), Sinon Corporation (Taiwan), Unikeyterra (Turkey), Coromandel International Limited (India), Agrimark (India), Fertinagro (Spain)
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Market Opportunities
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Market Definition
Organo-mineral fertilizers comprise organic matter and mineral compounds that are adsorption or chemically bound to it. They are created through the chemical reaction, blending, or dissolution in water of inorganic fertilizers or granulation processes that contain the desired amount of one or more nutrients in combination with organic matter or soil improvers.
Organo-Mineral Fertilizers Market Dynamics
Drivers
- Farmers to adopt organic farming and sustainable agricultural practices
Factors that drive farmers to adopt organic farming and sustainable agricultural practices are soil fertility and health. Agriculture's reliance on the unchecked use of fertilizers and other chemicals seriously impacts the general public and the environment. Organic farming benefits human health, the environment, and nearby animals and birds and helps reduce pollution and energy use.
- Using organic fertilizers increases crop yields
Organo-mineral fertilizers raise crop yield and productivity by lowering leaching losses and enhancing crop storage. The negative effects of other fertilizers brought on by prolonged chemical exposure could spur the development of the organo-mineral fertilizer market. The adoption of farming practices, the upkeep of high farming standards, and increased demand for organic products from consumers in developed countries have all contributed to the industry's optimistic outlook.
Opportunities
- Sustainable agriculture is required to spur growth
Sustainable farming techniques will help farmers use fewer chemicals, less non-renewable energy, and conserve scarce resources. Maintaining the health and replenishment of the land can go a long way when considering the growing population and the increasing need for food. The need for organic fertilizers will increase along with the demand for food.
- Modern techniques are now being used as a result of growing awareness
Businesses are enlarging their manufacturing facilities to meet the rising demand for organo-mineral fertilizers. Government initiatives for organo-mineral fertilizers and lower prices compared to chemical fertilizers, increased agricultural production and productivity, the harmful effects of long-term chemical exposure, and animal waste management. Growing farmer awareness has led to a switch to modern farming methods, increased crop production of different crop types, and increased demand for organo-mineral fertilizer.
Restraints/Challenges
- Price fluctuations caused by changes in the cost of raw materials
It is difficult to consistently provide fertilizers at a lower cost due to the frequently fluctuating price of raw materials. The availability of organic fertilizers is constrained, even when compared to conventional fertilizers. Additionally, transportation expenses are high and can even lead to price changes due to significant location changes. It consequently results in disparity for the same thing in different contexts. This might prevent the market from growing further.
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 help the business's quality, profitability, and output.
North America 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 U.S., Canada and Mexico in North America.
Through new opportunities for improving animal nutrition in the U.S. as well as increased production and consumption of processed food due to consumer preferences, the organo-mineral fertilizers market in North America is expanding at the highest CAGR.
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)
- ICL Specialty fertilizers (U.S)
- Sinon Corporation (Taiwan)
- Unikeyterra (Turkey)
- Coromandel International Limited (India)
- Agrimark (India)
- Fertinagro (Spain)
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