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INDIA ORGANIC FERTILIZERS MARKET FORECAST 2023-2030

SCOPE OF THE REPORT

India Organic Fertilizers Market by Crop Type (Cereals and Grains, Oilseeds and Pulses, Commercial Crops, Fruits and Vegetables, Other Crop Types) Market by Form (Dry, Liquid) Market by Source (Animal-based Fertilizers, Plant-based Fertilizers, Mineral-based Fertilizers, Other Organic Fertilizers)


MARKET OVERVIEW

The India organic fertilizers market growth is anticipated to progress at a CAGR of 12.76% during the forecast period, 2023-2030, and is expected to garner a revenue of $825.87 million by 2030.

In 2022, the organic fertilizers industry in India saw remarkable growth, as evidenced by the expansion of the net area dedicated to organic farming. More than 2% of India’s total agricultural land was committed to organic farming, marking an upward trend compared to the previous year. This increase in organic farming reflects the rising demand for organic food within the country.

On a global scale, India holds a unique position in organic agriculture, as indicated by the 2021 FiBL survey. Boasting approximately 30% of the world’s total organic producers, India maintains a significant presence in the organic farming sector. The nation encompasses an extensive organic cultivation area of 2.30 million hectares, supported by a network of 27,59,660 organic farmers (including 11,60,650 under the Participatory Guarantee System – PGS and 15,99,010 under India Organic), 1,703 processors, and 745 traders. This highlights a substantial recent increase in organic agricultural land across India.

India Organic Fertilizers Market

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The India organic fertilizers market segmentation includes source, form, and crop type. The source type segment includes plant-based fertilizers, mineral-based fertilizers, animal-based fertilizers, and other organic fertilizers.

Organic fertilizers derived from plant materials, including compost, green manure, and seaweed extract, offer a rich source of nutrients like nitrogen, phosphorus, potassium, and trace minerals. Additionally, they provide valuable organic matter, enhancing both soil structure and water retention.

These fertilizers are sourced from a variety of plants, perfectly aligning with the principles of organic agriculture, thereby supporting soil health and sustainable farming practices. This category encompasses a diverse range of options, including compost, seaweed extracts, green manure, plant meals, and cover crops.

The increasing demand for organic and environmentally friendly goods has propelled plant-based fertilizers into a dependable and efficient choice for both farmers and consumers. Their adoption plays a significant role in enhancing soil fertility, minimizing environmental impact, and boosting crop yields. This trend mirrors the growing inclination towards sustainable and healthier food preferences. Despite encountering certain challenges, continuous research and advancements in sustainable agriculture reinforce the standing of plant-based fertilizers within the global organic fertilizers market. This, in turn, cultivates a more resilient and ecologically mindful future for agriculture.

Organic fertilizers derived from minerals, such as rock phosphate and potash, provide essential nutrients including nitrogen, phosphorus, potassium, and trace minerals. Although mineral-based organic fertilizers are less popular compared to their animal-based or plant-based counterparts, their increasing popularity stems from their nutrient-rich composition.

While organic farming typically emphasizes the use of natural and renewable sources for fertilizers, mineral-based alternatives address specific nutrient requirements that might pose challenges within an exclusively organic approach.

Mineral-based fertilizers like rock phosphate, potassium sulfate, gypsum, greensand, and Epsom salt fulfill distinct roles in enhancing soil fertility and facilitating plant growth. Despite not originating from organic matter, these mineral-based fertilizers can effectively complement organic farming practices when applied thoughtfully and sustainably.

Some of the key companies operating in the India organic fertilizers market are Biomax Naturals, Agri Life, Krishak Bharati Cooperative Limited, etc.

Biomax Naturals is a biotechnology company that provides simple yet innovative products that benefit animals, humans, plants, and the environment. The company considerably focuses on using natural products derived from plants or microbes across a vast range of applications. It has its headquarters in Mumbai, India.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2030
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments Analyzed
Source, Form, Crop Type
Countries AnalyzedIndia
Companies AnalyzedAgri Life, Biomax Naturals, Coromandel International Limited, Krishak Bharati Cooperative Limited, Tata Chemicals Limited

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY SNAPSHOT
    3. COUNTRY ANALYSIS
    4. SCOPE OF STUDY
    5. CRISIS SCENARIO ANALYSIS
    6. MAJOR MARKET FINDINGS
      1. GROWING INVESTMENTS IN ORGANIC FERTILIZERS FOR SUSTAINABLE AGRICULTURAL DEVELOPMENT
      2. HARNESSING THE POTENTIAL OF ORGANIC WASTE
      3. INCREASING GOVERNMENT SUPPORT THROUGH TARGETED SUBSIDIES
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. RISING POPULATION
      2. EXPANDING ORGANIC CULTIVATION FOOTPRINT
      3. ADVANCES IN ORGANIC FERTILIZERS’ MANUFACTURING PROCESS
    2. KEY RESTRAINTS
      1. HIGH RELIANCE ON CHEMICAL FERTILIZERS
      2. STRINGENT AND TIME-CONSUMING PROCESS OF REGISTRATION OF ORGANIC FARMING
      3. HIGH COSTS AND UNAVAILABILITY OF INPUTS
  4. KEY ANALYTICS
    1. PARENT MARKET ANALYSIS
    2. KEY MARKET TRENDS
    3. PESTLE ANALYSIS
      1. POLITICAL
      2. ECONOMICAL
      3. SOCIAL
      4. TECHNOLOGICAL
      5. LEGAL
    4. ENVIRONMENTAL  
    5. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    6. MARKET CONCENTRATION ANALYSIS
    7. VALUE CHAIN ANALYSIS
      1. RAW MATERIALS
      2. MANUFACTURERS
      3. DISTRIBUTORS OR RETAILERS / ONLINE SALES
      4. MARKETING AND SALES
  5. MARKET BY CROP TYPE
    1. CEREAL AND GRAINS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. OILSEEDS AND PULSES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. COMMERCIAL CROPS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. FRUITS AND VEGETABLES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. OTHER CROP TYPES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY FORM
    1. DRY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. LIQUID
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY SOURCE
    1. ANIMAL-BASED FERTILIZERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. PLANT-BASED FERTILIZERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. MINERAL-BASED FERTILIZERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. OTHER ORGANIC FERTILIZERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
    2. COMPANY PROFILES
      1. AGRI LIFE
        1. COMPANY OVERVIEW
        2. PRODUCT LIST 
        3. STRENGTHS & CHALLENGES
      2. BIOMAX NATURALS
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      3. COROMANDEL INTERNATIONAL LIMITED
        1. COMPANY OVERVIEW
        2. PRODUCT LIST 
        3. STRENGTHS & CHALLENGES
      4. KRISHAK BHARATI COOPERATIVE LIMITED
        1. COMPANY OVERVIEW
        2. PRODUCT LIST 
        3. STRENGTHS & CHALLENGES
      5. TATA CHEMICALS LIMITED
        1. COMPANY OVERVIEW
        2. PRODUCT LIST 
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – ORGANIC FERTILIZERS

TABLE 2: INDIA ORGANIC FERTILIZERS MARKET, BY CROP TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: INDIA ORGANIC FERTILIZERS MARKET, BY CROP TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 4: INDIA ORGANIC FERTILIZERS MARKET, BY FORM, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: INDIA ORGANIC FERTILIZERS MARKET, BY FORM, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 6: INDIA ORGANIC FERTILIZERS MARKET, BY SOURCE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: INDIA ORGANIC FERTILIZERS MARKET, BY SOURCE, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 8: LIST OF MERGERS & ACQUISITIONS

TABLE 9: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 10: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: MARKET CONCENTRATION ANALYSIS

FIGURE 4: VALUE CHAIN ANALYSIS

FIGURE 5: INDIA ORGANIC FERTILIZERS MARKET, GROWTH POTENTIAL, BY CROP TYPE, IN 2022

FIGURE 6: INDIA ORGANIC FERTILIZERS MARKET, BY CEREAL AND GRAINS, 2023-2030 (IN $ MILLION)

FIGURE 7: INDIA ORGANIC FERTILIZERS MARKET, BY OILSEEDS AND PULSES, 2023-2030 (IN $ MILLION)

FIGURE 8: INDIA ORGANIC FERTILIZERS MARKET, BY COMMERCIAL CROPS, 2023-2030 (IN $ MILLION)

FIGURE 9: INDIA ORGANIC FERTILIZERS MARKET, BY FRUITS AND VEGETABLES, 2023-2030 (IN $ MILLION)

FIGURE 10: INDIA ORGANIC FERTILIZERS MARKET, BY OTHER CROP TYPES, 2023-2030 (IN $ MILLION)

FIGURE 11: INDIA ORGANIC FERTILIZERS MARKET, GROWTH POTENTIAL, BY FORM, IN 2022

FIGURE 12: INDIA ORGANIC FERTILIZERS MARKET, BY DRY, 2023-2030 (IN $ MILLION)

FIGURE 13: INDIA ORGANIC FERTILIZERS MARKET, BY LIQUID, 2023-2030 (IN $ MILLION)

FIGURE 14: INDIA ORGANIC FERTILIZERS MARKET, GROWTH POTENTIAL, BY SOURCE, IN 2022

FIGURE 15: INDIA ORGANIC FERTILIZERS MARKET, BY ANIMAL-BASED FERTILIZERS, 2023-2030 (IN $ MILLION)

FIGURE 16: INDIA ORGANIC FERTILIZERS MARKET, BY PLANT-BASED FERTILIZERS, 2023-2030 (IN $ MILLION)

FIGURE 17: INDIA ORGANIC FERTILIZERS MARKET, BY MINERAL-BASED FERTILIZERS, 2023-2030 (IN $ MILLION)

FIGURE 18: INDIA ORGANIC FERTILIZERS MARKET, BY OTHER ORGANIC FERTILIZERS, 2023-2030 (IN $ MILLION)

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