|Study Period:||2016 - 2026|
Need a report that reflects how COVID-19 has impacted this market and its growth?
The European biological organic fertilizer market is projected to register a CAGR of 7.7% during the forecast period, 2021-2026. The European biological organic fertilizers market has suffered from COVID-19 related challenges in terms of production, distribution, and sales. Due to lockdown, like many sectors, the producers have faced slow or lack of transportation and price gouging from some transport companies. The sourcing of raw materials has become difficult as source industries have stopped production. Hence, COVID-19 has caused a negative impact on the European biological organic fertilizer market. The governments of many countries and the regional bodies designed various policies in support of organic farming and against the sporadic utilization of chemical fertilizer in Europe. Push from governments and adequate support for sustainable farming are expected to maintain steady growth in the market. The accomplishment of the objectives of rural development, which contribute to Europe’s 2020 strategy for smart, sustainable, and inclusive growth, by improving soil management, preserving biodiversity, fostering knowledge transfer and innovation, and promoting resource efficiency is also contributing to developing a favorable environment for the biological organic fertilizer market. Increased practice of organic farming, the need for improving soil organic matter, and favorable regulatory structure are the factors driving the market studied.
Scope of the Report
Organic fertilizers are derived from many animal plant-based residues and mineral ores and developed from beneficial microorganisms, like bacteria and fungi. These are low-cost renewable sources of plant nutrients, which supplement chemical fertilizers. The European biological organic fertilizer market is segmented by application (microorganisms and organic residues), type (cereals, legumes, fruits and vegetables, and other types), and geography (Germany, United Kingdom, France, Spain, Italy, Russia, and Rest of Europe).
|Fruits and Vegetables|
|Rest of Europe|
Key Market Trends
Need for Improving Soil Organic Matter
In order to improve the quality of soil, there is the need to make use of biofertilizers, which can help improve the quality of the soil without depriving it of essential nutrients. Using biofertilizers also helps in scaling up the nutrient intake of plants, which is also essential to the current scenario. Biofertilizers, such as rhizobium, azospirillum, and phosphobacteria, deliver nitrogen and phosphorous nutrients to crop plants through nitrogen fixation and phosphorous solubilization processes. These biofertilizers are utilized for rice, pulses, millets, cotton, sugarcane, and other horticulture crops. Since biofertilizers can boost the soil organic matter, it is considered one of the most important components of soil management in the current paradigm.
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Increased Practice of Organic Farming
Increased concern about the environment has paved the way for the use of bio-based organic fertilizers. Increasing the cost of chemical fertilizers and push from governments for sustainable farming are enabling the farmers to adopt organic farming practices. The favorable regulatory scenario in Europe makes the region the largest market for organic fertilizer demand. The consumption of organic fertilizers in the region is concentrated between Germany, Italy, France, the United Kingdom, and Spain, as these account for more than 60% of the regional market share. The area under organic farming in Germany had greatly increased from 1,047,633 hectares in 2014 to 1,622,100 hectares in 2019. The growing farmers’ interest in growing organic biofertilizer products shows great potential for the market.
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The European biological fertilizers market, like all the major players, has a presence in the region. Moreover, the marketplace is divided among the big players, along with some regional players. The key players in the market are focused on new product launches to cater to a wider consumer base and expand market share in the local market. The major players in the market include Ficosterra, ASB Greenworld, UAB Bioenergy, Symborg SL, Biomax Informatics AG, Lallemand Inc., and Novozymes AS. Mergers, acquisitions, and joint ventures are the preferred strategies adopted by major players to increase their respective market shares in Europe.
In January 2020, Symborg launched BlueN to improve agricultural productivity by using an atmospheric nitrogen-fixing bacterium, Methylobacterium symbioticum.
In November 2018, ASB Greenworld launched Bag-in-Box, an environmentally-friendly packaging solution for liquid organic fertilizer, which reduces the logistics volume, waste, and carbon footprint.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Application
5.1.2 Organic Residues
5.2 By Type
5.2.3 Fruits and Vegetables
5.2.4 Other Types
5.3 By Geography
5.3.2 United Kingdom
5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.2 ASB Greenworld
6.3.3 UAB Bioenergy
6.3.4 Symborg SL
6.3.5 Biomax Informatics AG
6.3.6 Novozymes AS
6.3.7 T Stanes & Company Limited
6.3.8 Lallemand Inc.
6.3.9 Bio Nature Technology PTE Ltd
6.3.10 Rizobacter Argentina SA
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. AN ASSESSMENT OF COVID-19 IMPACT ON THE MARKET
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Frequently Asked Questions
What is the study period of this market?
The Europe Biological Organic Fertilizer Market market is studied from 2016 - 2026.
What is the growth rate of Europe Biological Organic Fertilizer Market?
The Europe Biological Organic Fertilizer Market is growing at a CAGR of 7.7% over the next 5 years.
Who are the key players in Europe Biological Organic Fertilizer Market?
Ficosterra, ASB Greenworld, UAB Bioenergy, Symborg SL are the major companies operating in Europe Biological Organic Fertilizer Market.