North America Organic Fertilizers Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

North America Organic Fertilizers Market Analysis

The North America Organic Fertilizers Market size is estimated at USD 1.44 billion in 2023, and is expected to reach USD 2.69 billion by 2028, growing at a CAGR of 13.40% during the forecast period (2023-2028).

Due to the impact of COVID-19, the organic fertilizer market in North America experienced a sluggish movement in 2020, with little turbulences. The market is recovering gradually, and it is gaining momentum. There is an increasing demand for fertilizers due to improved economic conditions, and this is anticipated to lead to a positive outlook during the forecast period. At present, the organic fertilizer market in North America has recovered after experiencing a phase of gradual growth. Companies operating in the organic fertilizer market in North America took several measures to ensure efficiency in their supply chains. For instance, Nutrien Ltd, North America's biggest farm retail supplier, moved up its shipments of crop supplies by two to four weeks from its normal spring schedule, as a precaution. The company asked farmers to place orders via phones or online channels, and it made sure that the supplies were delivered to them.

The United States and Canada are the major markets for organic fertilizers in North America. The accomplishment of the objectives of rural development and sustainable growth, by improving soil management, preserving biodiversity, and promoting resource efficiency, are contributing to developing a favorable environment for organic fertilizers and biofertilizers.

The government polices and the easier registration processes in North American countries, such as the United States and Canada, are favoring the organic fertilizer industry in long term. For example, in the United States, the registration process is done at the state level, and biofertilizers are registered under soil amendments, as they contain organic components. In Canada, the Canadian Food Inspection Agency (CFIA) has well-defined processes accepted by the industry, for the registration of biofertilizers. This practice allows biofertilizer companies to operate in a safe environment and attract new investors into the industry. The favorable governmental polices for organic farming are directly aiding the organic fertilizer market and will have long term impact in the market.

North America Organic Fertilizers Industry Segmentation

Organic fertilizers are derived from animal matter, animal excreta, human excreta, and vegetable matter. These fertilizers provide nutrients for plant growth on application to the soil. Biofertilizers are defined as substances comprising living microbes, which, when applied to seeds, plants, and the soil, stimulate growth by the supply of essential nutrients, such as nitrogen and phosphorus, and other mineral nutrients.

The North American Organic Fertilizer Market is Segmented by Type into Organic Residues (Green Manure, Oilcake, Meat and Bone Meal, Fish Meal, and Other Organic Residues) and Biofertilizers (Rhizobium, Azospirillum, Azotobacter, Blue-green Algae, Mycorrhiza, Phosphorus Solubilizing Bacteria, and Other Biofertilizers), Also, the market is segmented by Application into Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, and Other Applications and Geography into the United States, Canada, Mexico, and Rest of North America. The market sizing in the report is provided in USD Million in terms of value.

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North America Organic Fertilizers Market Trends

This section covers the major market trends shaping the North America Organic Fertilizers Market according to our research experts:

Increased Demand for Quality and High Crop Yields

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