Market Size of Asia-Pacific Biological Organic Fertilizers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.30 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Biological Organic Fertilizer Market Analysis
The Asia-Pacific Biological Organic Fertilizer Market is expected to register the fastest growth rate, with a CAGR of 6.3% during the forecast period of 2020-2025. Organic fertilizers are produced from many animal plant-based residues, mineral ores, and beneficial microorganisms. In India, organic fertilizer is applied in bulk or in concentrate depending on the nutrient level content in the particular concentration of product ingredients. These are low-cost renewable sources of plant nutrients which supplement chemical fertilizers. The selected strains of beneficial soil microorganisms used either for seed treatment or soil application are particularly gaining popularity among the farming communities. China accounted for 41.2% of the share in the Asia-Pacific region in 2018. China's grasp over key technologies. The production processes of Chinese organic fertilizer started five decades ago. The practical utilization of the same has gained momentum recently, prompted by a global shift toward the same.