Global Guano Market, By Form (Dry and Liquid), Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables and Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Guano Market
Data Bridge Market Research analyses that the guano market will project a compound annual growth rate (CAGR) of 6.60% during the forecast period of 2021-2028. Growing demand to control various crop related diseases, rising demand for new and mechanized techniques for farming or agriculture especially in the developing countries, rapidly growing crop fungal and bacterial infections owing to the changing climatic conditions, rising integration of advanced technology with the agricultural equipment and increasing industry competitiveness are the major factors attributable to the growth of guano market. This means that the guano market value, which was USD 0.5 billion in 2020 will climb up to USD 0.83 billion by the year 2028.
Guano fertilizers are the organic fertilizers that are made out of the accumulated excreta of bats and sea birds. Guano fertilizers provide a wide range of benefits on their application as they are highly rich in phosphate, potassium and nitrogen content. Moreover, phosphate, nitrogen and potassium are the three essential nutrients that promote healthy crop or plant growth. Guano fertilizers are largely used as fungicides as they control the nematodes in the soil. Guano as a fertilizer is being used since the 19th century. Application of guano significantly boomed the crop production then and slowly the word spread around the world.
Growing prevalence of fungal infections and other crop related diseases, rising production of cereals and food grains, and increased focus on the research and development proficiencies in regards to the composition of fertilizers and other agrochemicals will emerge as the major factors fostering the growth of the market. Also, growing demand for effective and efficient crop protection tools to improve the crop productivity coupled with ever-rising demand for organic manure and agrochemicals is another important factor fostering the growth of the market. Growth in the demand for fruit and vegetable food items, growing demand for effective food safety protocols and rising awareness in regards to the organic farming practices will further create lucrative and remunerative growth opportunities for the market.
However, high cost associated with organic fertilizers is a major factor that will pose a major challenge to the growth of the market. Also, stringent regulations imposed by the government on the use of agrochemicals, availability of low cost or cheap synthetic chemicals in the market, increasing cases of ecological toxicity and volatility in the prices of raw materials will further slowdown the market growth rate.
This guano market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on guano market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Guano Market Scope and Market Size
The global guano market is segmented on the basis of form and crop type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the form, the guano market is segmented into dry and liquid.
The guano market is also segmented on the basis of crop type into cereals and grains, oilseeds and pulses, fruits and vegetables and others.
Guano Market Country Level Analysis
The global guano market is segmented on the basis of form and crop type.
The countries covered in the guano market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America region dominates the guano market and will continue to flourish its dominance during the forecast period owing to the rising land under agricultural domain and rise in demand for quality crops. America was among the first users of guano fertilizers. Asia-Pacific region will score the highest CAGR during the forecast period. Growing prevalence of bacterial and fungal diseases in crops, increasing personal disposable income, rising awareness in regards to the various organic farming practices and surge in the expenditure for research and development proficiencies are some other important factors fostering the growth of this region.
The country section of the guano market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Guano Market Share Analysis
The global guano market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to guano market.
The major players covered in the guano market report are Tata Chemicals Ltd., BASF SE, DuPont., Dow, Hanfeng Evergreen., LUXI GROUP, EcoChem., Yara, UPL, Syngenta Crop Protection AG, LANXESS, FMC Corporation, ADAMA., The Scotts Company LLC., Coromandel International Limited, National Fertilizers Limited, KRIBHCO., Italpollina S.p.A., ILSA S.p.A., and Agrocare Canada., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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