Market Size of South America Biological Organic Fertilizers Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 421.46 Billion |
| Market Size (2029) | USD 625.02 Billion |
| CAGR (2024 - 2029) | 8.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Biological Organic Fertilizers Market Analysis
The South America Biological Organic Fertilizers Market size is estimated at USD 421.46 billion in 2024, and is expected to reach USD 625.02 billion by 2029, growing at a CAGR of 8.20% during the forecast period (2024-2029).
Increased practice of organic farming, the need for improving soil organic matter, and favorable regulatory structures are the factors driving the market studied. Low product efficacy under unfavorable conditions, high demand for synthetic fertilizers, and low shelf life of microorganisms are expected to restrain the market growth. The increased practice of organic farming is one of the major factors behind the growth of the biological organic fertilizer market. The emphasis on sustainable farming and government support to manufacturers are factors that are augmenting the growth of the market.
