Organic fertilizers come from organic sources, such vegetable and animal waste. Because these fertilizers are a rich source of primary nutrients including potassium, phosphorus, and nitrogen, they support crop health. They also feed the microorganisms in the soil, replace the humus and organic matter in the soil, and enhance the chemical and physical properties of the soil.
Europe Organic Fertilizer Market Driving Factors and Challenges
Drivers:- The market for organic fertilizer is expected to be driven in the upcoming years by the growing demand and adoption of environmentally friendly agricultural goods. More and more farmers are searching for dependable, advantageous, and organic solutions for their agricultural products. Furthermore, the growing market for organic fertilizers is being positively impacted by growing environmental concerns about carbon footprints, sustainability, and emission intensities. Additionally, the expansion of the organic fertilizers industry in Europe is driven by government support as well as rising knowledge of the benefits of using organic fertilizers. Furthermore, the industry is expanding as a result of the strict limits imposed on the use of synthetic fertilizers.
Challenges:- The delayed effect on crop development is one of the key challenges with slow-release organic fertilizers. The delayed nutrient delivery may not appeal to farmers who are expecting for speedy results, particularly in high-value crops or situations where rapid plant development is crucial. When employing slow-release organic fertilizers, precision farming techniques—which frequently entail precise nutrient management based on crop needs—may encounter difficulties. It could be more challenging to precisely adjust nutrient treatments in accordance with particular growth phases due to the erratic release rates.
Impact of COVID-19 on Europe Organic Fertilizer Market
In Europe, the market for organic fertilizers has been greatly affected by the COVID-19 outbreak. The market faced possibilities as well as difficulties due to lockdowns, supply chain interruptions, and economic uncertainty. At first, the limitations caused problems with logistics, which had an impact on the manufacturing and supply of organic fertilizers. But when people's attention shifted to sustainable practices and health, there was a boom in demand for organic goods, including fertilizers. Concerns about food security and the environment during the epidemic contributed to this shift towards organic and sustainable agriculture.
Europe Organic Fertilizer Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players are; Agribios Italiana s.r.l., Angibaud, APC AGRO, Coromandel International Ltd., Fertikal NV, HELLO NATURE ITALIA srl, Indogulf BioAg LLC (Biotech Division of Indogulf Company), ORGANAZOTO FERTILIZZANTI SPA, Plantin, Suståne Natural Fertilizer Inc., Others.
Europe Organic Fertilizer Market Segmentation:
By Source: Based on the Source, Europe Organic Fertilizer Market is segmented as; Plant, Animal, Mineral.
By Crop Type: Based on the Crop Type, Europe Organic Fertilizer Market is segmented as; Cereal & Grain, Oilseed & Pulse, Fruits & Vegetables, Others.
By Form: Based on the Form, Europe Organic Fertilizer Market is segmented as; Dry, Liquid.
By Region: This research also includes data for Germany, France, Italy, Spain, UK, Rest of Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.