Vietnam Organic Fertilizers Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Vietnamese Organic Fertilizers Market is Segemented by Product (Organic Residues and Biofertilizer), Bio-fertilizer (Azotobacter, Rhizobium, Azospirillum, Mycorrhiza, Azolla, Mycorrhiza, and Other Bio-fertilizers), and Application (Grains and Cereals, Oilseeds, Fruits and Vegetables, Turf and Ornamentals, and Other Applications), with Forecast Market Values till 2025.

Market Snapshot

Vietnam Organic Fertilizer Market Snapshot
Study Period: 2016 - 2026
Base Year: 2021
CAGR: 6.7 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Vietnamese organic fertilizer market was valued at USD 2.19 million in 2019, and it is expected to register a CAGR of 6.7% during the forecast period (2020-2025). In 2018, farm yard manure was the largest segment among product types of the market studied, and it accounted for a share of around 69.2% of the market.

According to the Ministry of Agriculture and Rural Development of Vietnam, the import of plant protection chemicals increased tremendously, from 20,000 metric ton in 2005 to 50,000 metric ton in 2014. The number of fertilizers used increased by 500% since 1985, which illustrates the increasing popularity of agricultural chemicals. Since 2005, the concerns about food safety increased. Thus, large local companies, like VinGroup’s Vineco, are making investments (the latest being an injection of USD 44 million in 2015) in hygienic fresh vegetable production, to ensure that its VinMarts, which are small supermarkets, are stocked with safe local produce. The increasing importance for food safety and quality will continue to drive higher demand for organic fertilizers, particularly farmyard manure, in Vietnam, over the forecast period.

Scope of the Report

Organic fertilizers are fertilizers produced raw material, including animal matter, animal excreta, human excreta, and other natural sources. The report covers the market analysis of both, organic fertilizers (manufactured from FYM (farmyard manure, crop residue, green manure, etc.,) and biofertilizers (manufactured using micro-organisms, like Azotobacter, Rhizobium, etc.).

Organic Residues
Farm Yard Manure
Crop Residues
Green Manure
Other Products
Blue-Green Algae
Other Biofertilizers
Grains and Cereals
Fruits and Vegetables
Turf and Ornamentals
Other Applications

Report scope can be customized per your requirements. Click here.

Key Market Trends

Decreasing Arable Land

Vietnam adopted a Revised Land Law, which became effective on July 1, 2014. This law gave farmers 50-year use rights to their agricultural land, including their basic annual-cropland. The revised law also included significant improvements on issues, like compensation and procedures for land takings, and other important areas. The arable land in the country declined by 2% over the period of 2015-2018. Thus, the decreasing area of arable land, coupled with the government’s introduction of integrated pest management (IPM) program, is expected to drive the organic fertilizers market. This is further fueled with high returns from the market and increased regulations on chemical residues.

Vietnam Organic Fertilizers Market, Arable Land in million ha, 2015-2018

Farm Yard Manure Expected to Rule the Vietnamese Organic Fertilizers Market

An increase in the number of livestock, especially pigs, dairy cows, and chicken, is expected to back up the farmyard manure (FYM) industry in Vietnam during the forecast period, though the nutrient content and acceptability among the consumers may vary for the various animal species. According to national statistics, up to September 2015, the national herd was estimated to includee 26.5 million pigs, 7.7 million cattle, and 304.5 million poultries. Annually, livestock production leads to more than 85 million metric ton of manure, tens of billions of cubic meter liquid waste, and several hundred million ton of exhausted gas. Thus, due to the increasing livestock farming in the country, there is rising adoption of farmyard manure. This trend is likely to accelerate over the forecast period.

Vietnam Organic Fertilizers Market, Consumption Share in %, by Organic Residues, 2019

Competitive Landscape

The organic fertilizer market in Vietnam is a combination of the unorganized and organized sector. The top five players account for 27%-32% of the share of the market, while the other organic fertilizer companies and the unorganized sector together constitute most of the market share, based on the overall Vietnam organic market revenue in 2019.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Product

      1. 5.1.1 Organic Residues

        1. Farm Yard Manure

        2. Crop Residues

        3. Green Manure

        4. Other Products

    2. 5.2 Biofertilizer

      1. 5.2.1 Azotobacter

      2. 5.2.2 Rhizobium

      3. 5.2.3 Azospirillum

      4. 5.2.4 Blue-Green Algae

      5. 5.2.5 Azolla

      6. 5.2.6 Mycorrhiza

      7. 5.2.7 Other Biofertilizers

    3. 5.3 Application

      1. 5.3.1 Grains and Cereals

      2. 5.3.2 Oilseeds

      3. 5.3.3 Fruits and Vegetables

      4. 5.3.4 Turf and Ornamentals

      5. 5.3.5 Other Applications


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Global Fertilizer Investment Corporation

      2. 6.3.2 Binh Dien Fertilizer Joint Stock Company

      3. 6.3.3 Bioway Hitech Joint Stock Company

      4. 6.3.4 Baconco Vietnam

      5. 6.3.5 Ha Lan Fertilizer Corporation

      6. 6.3.6 Que Lam Group

      7. 6.3.7 Long Viet

      8. 6.3.8 VALVA Co. Ltd

      9. 6.3.9 Gold Tech

      10. 6.3.10 Sinh Dien Thien Sinh JSC

      11. 6.3.11 Can Tho Fertilizer & Chemical JSC

      12. 6.3.12 Song Gianh Fertilizer Company

      13. 6.3.13 Vietagro


You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Vietnam Organic Fertilizer Market market is studied from 2016 - 2026.

The Vietnam Organic Fertilizer Market is growing at a CAGR of 6.7% over the next 5 years.

Binh Dien Fertilizer Joint Stock Company, Can Tho Fertilizer & Chemical Jsc, Baconco Vietnam, Que Lam Group, Bioway Hitech Joint Stock Company are the major companies operating in Vietnam Organic Fertilizer Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!