Organo-mineral fertilizers have been widely utilized to supplement crop yield with micro and macronutrients. Plants with organo-mineral fertilizer induction have more leaves than other fertilizers, and hence they have a substantial effect on the vegetative growth of the plants. Organo-mineral fertilizers contain chromium and nickel, which organic fertilizers do not. These are the plant micronutrients that aid in seed germination as well as urea metabolism and nitrogen fixation.
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Data Bridge Market Research analyses that the Organo-Mineral Fertilizers Market which was growing at a value of 616.33 million in 2021 and is expected to reach the value of USD 924.57 million by 2029, at a CAGR of 5.2% during the forecast period of 2022-2029. Organo-mineral fertilizers are nutrient-dense and consequently beneficial to a wide range of crops. They are made up of organic and mineral material, such as animal manure, agricultural waste, or sewage sludge. Adsorption of organic materials in organo-mineral fertilizers preserves the inorganic components, decreasing the rate of plant nutrient release.
Growing demand for higher crop yeilds is expected to drive the market's growth rate
By lowering leaching losses and improving crop output, organo-mineral fertilizers improve agricultural productivity and plant water holding capacity. Other fertilizers’ negative effects as a result of prolonged chemical exposure may promote the market growth for organo-mineral fertilizers. Furthermore, a surge in demand for organic products from developed-country customers, as well as the implementation of farming practices and the maintenance of high farming standards, have contributed to the industry's good outlook.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014- 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Crop Type (Fruits & Nuts, Vegetable, Flower, Tea Plants, Field Crops, Turf & Ornamental, Others), Mode of Application (Solid Fertilizers, Liquid Fertilizers), Packaging Type (Cartons, Bags, Cans/Bottles, Others), Distribution Channel (Direct, Indirect)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Dow (U.S.), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (U.S.), Evonik Industries AG (Germany), NOVUS INTERNATIONAL (U.S), Alltech (U.S.), Associated British Foods plc (U.K.), Charoen Pokphand Foods PCL (Thailand), Cargill, Incorporated (U.S.), Nutreco (Netherlands), ForFarmers. (Netherlands), De Heus Animal Nutrition (Netherlands), Land O'Lakes (U.S.)
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis
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Segment Analysis:
Global organo-mineral fertilizers market is segmented into four notable segments which are based on crop type, mode of application, packaging type and distribution channel.
- On the basis of crop type, the organo-mineral fertilizers market is segmented into fruits & nuts, vegetable, flower, tea plants, field crops, turf & ornamental and others. In 2022, the field crops segment dominates the market with 28.06% market share as it helps to improve soil fertility and thus enhance the nutrient content of field crop which may boost the organo-mineral fertilizers market growth. The heavy metal content in the raw material needs to be removed properly which may restrain the organo-mineral fertilizers market growth.
- On the basis of mode of application, the organo-mineral fertilizers market is segmented into solid fertilizers and liquid fertilizers. In 2022, the solid fertilizers segment dominates market with 75.65% market share during the forecast period due to easy transportation globally.
- On the basis of packaging type, the organo-mineral fertilizers market is segmented into cartons, bags, can/bottle and others. In 2022, bags segment dominates market with 40.81% market share associated with the rising demand of increased storage efficiencies for organo-mineral fertilizers and is expected to dominate during the forecast period.
The bags segment will dominate the packaging type segment of the organo-mineral fertilizers market
The bags segment will emerge as the dominating segment packaging type segment. This is because of the growing number of distribution channels in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.
- On the basis of distribution channel, the organo-mineral fertilizers market is segmented into direct and indirect. Indirect segment is further segmented into store based retailing and online retailing. In 2022, the indirect distribution channel dominates the organo-mineral fertilizers market with 55.66% market share because the companies can focus on their main business and can boost their growth. But the other costs associated with the indirect distribution channel may restrain the organo-mineral fertilizers market growth.
The indirect segment will dominate the distribution channel segment of the organo-mineral fertilizers market
The indirect segment will emerge as the dominating segment under distribution channel with approximately 55.00% market share. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the food and beverages industry all around the globe will further bolster the growth of this segment.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players: Dow (U.S.), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (U.S.), Evonik Industries AG (Germany), NOVUS INTERNATIONAL (U.S), Alltech (U.S.), Associated British Foods plc (U.K.), Charoen Pokphand Foods PCL (Thailand), Cargill, Incorporated (U.S.), Nutreco (Netherlands), ForFarmers. (Netherlands), De Heus Animal Nutrition (Netherlands), Land O'Lakes (U.S.).
Market Development
- In 2018, ARTAL Agrinutrients launched a new product line in April to help meet the demands of certain crops. This product line is made up of four goods that were designed for specific crops and so helped to gradually expand to other crops. ARTAL Rice, ARTAL Grain, ARTAL Olive, and ARTAL Vine are the new foliar fertilisers from ARTAL Agrinutrients. This advancement has brought great values to the company's quality, profitability, and output.
Regional Analysis
Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant region in the organo-mineral fertilizers market during the forecast period 2022-2029
China imports the most fertiliser in the Asia-Pacific region, and as a result, it dominates the crop category since it utilises the most fertilizer-using crop varieties and consumes the most organo-mineral fertilisers. China imports the most fertiliser in the Asia-Pacific region and consequently dominates the crop type since it consumes the most organo-mineral fertilisers and produces a diverse variety of crop kinds that need fertilisers.
North America is estimated to be the fastest growing region in the organo-mineral fertilizers market in the forecast period 2022-2029
Given its small number of producers and imports, the United States leads the North American market for organo-mineral fertilisers. It dominates the crop type category because it consumes the most organo-mineral fertilisers and produces a diverse range of crop kinds that rely on fertilisers.
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