Government support coupled with increase in awareness toward the use of organic fertilizers drive the growth of the European organic fertilizer market. Furthermore, implementation of stringent regulations by the governing bodies on the use of synthetic fertilizers and harmful effects caused by prolonged use of chemical fertilizers fuel the adoption of organic fertilizers. However, ongoing R&D activities on synthetic fertilizers and lower nutrient content of organic fertilizers as compared to synthetic fertilizers restrict the market growth. On the contrary, upsurge in demand for organic food in the European region is expected to provide lucrative opportunities for the market growth.
The major players profiled in this study are as follows:
ILSA S.P.A
Italpollina SPA
Fertikal N.V.
Uniflor Poland Ltd
Protan AG
Plantin SARL
Novozymes A/S.
AGRIBIOS ITALIANA S.r.l.
Viano
E.B.F. EURO BIO FERT S.r.l.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the Europe organic fertilizer market to elucidate the prevailing opportunities.
It offers qualitative trends and quantitative analyses from 2016 to 2023 to assist stakeholders to understand the market scenario.
In-depth analysis of the various organic fertilizer source, crop type, and form is provided.
Competitive intelligence of the industry highlights the business practices followed by key players across countries as well as the prevailing market opportunities.
The key players are profiled along with their strategies & developments to understand the competitive outlook of the industry.
KEY MARKET SEGMENTS
By Source
Plant
Animal
Manure
Others
Mineral
By Crop Type
Cereal & Grain
Oilseed & Pulse
Fruit & Vegetable
Others
By Form
Dry
Liquid
By Region
Germany
France
Italy
Spain
UK
Rest of Europe
KEY PLAYERS
Lallemand Inc.
Biofertilizer A.G.
Biomax
Symborg
Antibiotice S.A.
(The aforementioned companies have not been profiled in the report but can be included on request.)
Table of Contents
Executive Summary
According to a new report titled, Europe Organic Fertilizer Market by Source, Crop Type, Form, and Country: Opportunity Analysis and Industry Forecast, 2017-2023, the Europe organic fertilizer market was valued at $2,451 million in 2016, and is projected to reach at $3,260 million by 2023, registering a CAGR of 4.2% from 2017 to 2023.Fertilizers that are derived from an organic source such as flora, fauna, and naturally occurring minerals are organic fertilizers. Alfalfa meal, corn gluten meal, cottonseed meal, kelp/seaweed, soybean meal, and humus are the common plant sources, whereas the animal sources include fish extracts, manure, and compost. Organic fertilizers offer several advantages over inorganic fertilizers. The former does not have acid content that has adverse effect on the environment and human health. In addition, organic fertilizers help improve the structure of the soil and increase its water & nutrient holding capacity.
Increased awareness regarding the benefits of organic fertilizers majorly fuels the growth of the Europe organic fertilizer market. Also, the strict guidelines by the governing bodies on the usage of inorganic fertilizers augments the demand for organic fertilizers. However, continuous R&D activities on inorganic fertilizers restrict the market growth. Nevertheless, the upsurge in demand for organic products offers numerous growth opportunity for the market.
Based on source, the market for Europe organic fertilizer is divided into plant, animal, and mineral. The mineral-based source for organic fertilizer is projected to be the highest growing segment during the forecast period. Manure and others are the further bifurcation of animal-based organic fertilizers. Based on crop type, the fruit & vegetable segment is expected to witness highest growth owing to the initiatives from European Union, which supports the producers through the common market organization (CMO) for the use of eco-compatible cultivation and production techniques for the cultivation of fruits & vegetables.
Based on country, the market is analyzed across Germany, France, Italy, Spain, UK, and rest of Europe. Germany generated the highest revenue in 2016, accounting for $729 million, owing to increased adoption of organic farming in the country. The profits earned by organic farmers were 38% more than that of conventional farmers.
Key findings of the Europe Organic Fertilizer Market:
Germany is expected to continue to lead the market throughout 2016 to 2023, followed by France.
Spain is projected to register the highest growth rate from 2017 to 2023.
The animal-based organic fertilizer segment contributed approximately 50% of the market revenue in 2016.
The fruit & vegetable segment is projected to dominate the Europe organic fertilizer market.
Liquid form is projected to register the highest growth rate from 2016 to 2023.
The prominent players profiled in this report include ILSA S.P.A, Italpollina SPA, Fertikal N.V., Uniflor Poland Ltd, Protan AG, Plantin SARL, Novozymes A/S., AGRIBIOS ITALIANA S.r.l, Viano, and E.B.F. EURO BIO FERT S.r.l.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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