The organic fertilizers market in APAC is expected to reach US$ 8,691.62 million by 2027 from US$ 3,473.48 million in 2018 and is expected to grow at a CAGR of 10.8% from 2019 to 2027.
APAC continent comprises several developing economies such as China, India, Japan, South Korea, and Australia. These emerging countries are witnessing an upsurge in the middle-class population and growth in urbanization, which offers ample opportunities for the key market players in the organic fertilizer market. The organic fertilizer market in the countries of APAC has experienced a massive shift over the years. Asia-pacific is the largest continent in the world and is known for its agricultural base. An increase in disposable per capita income leads to high demand for organic food products, further boosting the market for organic fertilizers in this region. Additionally, advancements in communication technology in various Asia-Pacific countries have enabled consumers to become aware of the growth & wellness dynamics, which has again boosted the organic fertilizers market. Increasing the consumption of organic food products is the critical driver for APAC's organic fertilizers market growth. The individuals today are making themselves aware of healthy ways of living. Smarter consumers prefer to eat healthily and spend on healthy foods rather than spending on medical treatments. Constant checks are made on certified organic products and the use of organic fertilizers to reduce the chances of diseases like cancer, brain damage, or infant abnormalities caused due to the use of chemical fertilizers. The crops and foods grown with the application of organic fertilizers are high in nutrition content and are fresher & healthier to consume than conventional food. The organic crops also contain a high level of minerals, vitamins, and antioxidants. They also exclude toxic chemicals and genetically modified organisms as chemical fertilizers and pesticides are not used while growing them. To have a balanced, safe, and healthy lifestyle, consumers prefer consuming organic food. Due to a surge in smartphone usage, there has been tremendous access to information about organic food benefits. Added to this, the e-commerce platforms act as a facilitator in reaching out to the potential customers who are willing to pay for organic products. Growing mindfulness about the medical advantage of organic food combined with the headway in organic cultivating procedures has also paved the way for the rising demand for organic fertilizers. The chemical composition of chemical fertilizers is strong and remains deposited on the outer layer of the fruits and vegetables that are not washed away easily with water. They result in working as slow poison or cause other harmful effects on the body. The consumers being aware of this, prefer buying organic fruits and vegetables, which again boosts the demand for organic fertilizers. Many startups and franchisees are trying to grab the opportunity to produce organic fertilizers due to the rapidly increasing customer base. People now prefer a quality lifestyle over a chemically charged lifestyle. Thus the organic fertilizers market is going to take rapid shape in the future.
However, COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The consequence and impact can be even worse and depends on the spread of the virus. The government of Asia Pacific is taking possible steps to reduce its effects by announcing lockdown, and thus, impact the revenue generated by the market. The Airports Council International (ACI) Asia-Pacific warned that the prolonged duration of the coronavirus outbreak would drastically impact the region’s airports’ connectivity and economic sustainability, significantly restricting them from achieving previously forecasted growth prospects. Such closures are anticipated to impact market growth in the coming period negatively. Till now, China has the highest number of COVID -19 confirmed cases.
APAC Organic fertilizers Market Revenue and Forecast to 2027 (US$ Million)
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APAC Organic fertilizers Market Segmentation
APAC Organic Fertilizers Market – By Source
- Plant
- Animal
- Mineral
APAC Organic Fertilizers Market – By Crop Type
- Cereals and Grains
- Oilseed and Pulses
- Fruits and Vegetables
- Others
APAC Organic Fertilizers Market – By Form
- Dry
- Liquid
APAC Organic Fertilizers Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Organic fertilizers Market -Companies Mentioned
- AgroCare Canada
- Biostar Renewables, LLC
- Coromandel International Limited
- Italpollina SpA
- Krishak Bharati Cooperative Limited
- National Fertilizers Limited
- ScottsMiracle-Gro
- Suståne Natural Fertilizer, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Source, Crop Type, and Form
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 APAC Market Segmentation
1.3.1 APAC Organic Fertilizers Market – By Source
1.3.2 APAC Organic Fertilizers Market – By Crop Type
1.3.3 APAC Organic Fertilizers Market – By Form
1.3.4 APAC Organic Fertilizers Market – By Country
2. APAC Organic Fertilizers Market – Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. APAC Organic Fertilizers Market Landscape
4.1 Overview
4.2 APAC PEST Analysis
4.3 Expert Opinion
5. APAC Organic Fertilizers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Benefits Associated With Organic Fertilizers
5.1.2 Increasing Consumption of Organic Food Products
5.2 Market Restraints
5.2.1 Stringent Regulations related to Organic Fertilizers
5.3 Market Opportunities
5.3.1 Surging Adoption of High-Nitrogen Organic Fertilizer Such as Blood Meal
5.4 Future Trends
5.4.1 Growing Demand for Liquid Organic Fertilizers
5.5 Impact Analysis Of Drivers And Restraints
6. Organic Fertilizers Market – APAC Analysis
6.1 APAC: Organic Fertilizer Market –Revenue, and Forecast to 2027 (US$ Million)
6.2 APAC Organic Fertilizers Market, By Country - Forecasts And Analysis
6.3 Market Positioning of Key Players
6.4 Overview
6.5 APAC Organic Fertilizers Market, By Source (2018 and 2027)
6.6 Plant
6.6.1 Overview
6.6.1.1 Plant: Organic Fertilizers Market – Revenue, and Forecast to 2027 (US$ Million)
6.7 Animal
6.7.1 Overview
6.7.1.1 Animal: Organic Fertilizers Market – Revenue, and Forecast to 2027 (US$ Million)
6.8 Mineral
6.8.1 Overview
6.8.1.1 Mineral: Organic Fertilizers Market – Revenue, and Forecast to 2027 (US$ Million)
7. APAC Organic Fertilizers Market Analysis – By Crop Type
7.1 Overview
7.2 APAC Organic Fertilizers Market, By Crop Type (2018 and 2027)
7.3 Cereals and Grains
7.3.1 Overview
7.3.1.1 Cereals and Grains: Organic Fertilizers Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Fruits and Vegetables
7.4.1 Overview
7.4.1.1 Fruits and Vegetables: Organic Fertilizers Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Oilseed and Pulses
7.5.1 Overview
7.5.1.1 Oilseed and Pulses: Organic Fertilizers Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.1.1 Others: Organic Fertilizers Market – Revenue and Forecast to 2027 (US$ Million)
8. APAC Organic Fertilizers Market Analysis – By Form
8.1 Overview
8.2 APAC Organic Fertilizers Market, By Form (2018 and 2027)
8.3 Dry
8.3.1 Overview
8.3.2 Dry: Organic Fertilizers Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 Liquid
8.4.1 Overview
8.4.2 Liquid: Organic Fertilizers Market – Revenue and Forecast to 2027 (US$ Mn)
9. APAC Organic Fertilizer Market – Country Analysis
9.1 APAC: Organic Fertilizer Market
9.1.1 APAC: Organic Fertilizer Market, by Key Country
9.1.1.1 Australia: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.1.1 Australia: Organic Fertilizer Market, by Source
9.1.1.1.2 Australia: Organic Fertilizer Market, by Crop Type
9.1.1.1.3 Australia: Organic Fertilizer Market, by Form
9.1.1.2 China: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.2.1 China: Organic Fertilizer Market, by Source
9.1.1.2.2 China: Organic Fertilizer Market, by Crop Type
9.1.1.2.3 China: Organic Fertilizer Market, by Form
9.1.1.3 India: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.3.1 India: Organic Fertilizer Market, by Source
9.1.1.3.2 India: Organic Fertilizer Market, by Crop Type
9.1.1.3.3 India: Organic Fertilizer Market, by Form
9.1.1.4 Japan: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.4.1 Japan: Organic Fertilizer Market, by Source
9.1.1.4.2 Japan: Organic Fertilizer Market, by Crop Type
9.1.1.4.3 Japan: Organic Fertilizer Market, by Form
9.1.1.5 South Korea: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.5.1 South Korea: Organic Fertilizer Market, by Source
9.1.1.5.2 South Korea: Organic Fertilizer Market, by Crop Type
9.1.1.5.3 South Korea: Organic Fertilizer Market, by Form
9.1.1.6 Rest of APAC: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of APAC: Organic Fertilizer Market, by Source
9.1.1.6.2 Rest of APAC: Organic Fertilizer Market, by Crop Type
9.1.1.6.3 Rest of APAC: Organic Fertilizer Market, by Form
10. Impact of COVID-19 Pandemic on APAC Organic Fertilizer Market
10.1 APAC: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Agrocare Canada
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Biostar Renewables, LLC
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Coromandel International Limited
11.3.1 Key Facts
11.3.2 Coromandel International Limited
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Italpollina SpA
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Krishak Bharati Cooperative Limited
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 National Fertilizers Limited
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.7 ScottsMiracle-Gro
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products And Services
11.7.4 Financial Overview
11.7.5 Swot Analysis
11.8 Suståne Natural Fertilizer, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products And Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. APAC Organic Fertilizers Market Revenue And Forecasts To 2027 (US$ Mn)
Table 2. APAC: Organic Fertilizer Market, by Source – Revenue and Forecast to 2027 (US$ Million)
Table 3. APAC: Organic Fertilizer Market, by Crop Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. APAC: Organic Fertilizer Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 5. Australia: Organic Fertilizer Market, by Source –Revenue and Forecast to 2027 (US$ Million)
Table 6. Australia: Organic Fertilizer Market, by Crop Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Australia: Organic Fertilizer Market, by Form –Revenue and Forecast to 2027 (US$ Million)
Table 8. China: Organic Fertilizer Market, by Source –Revenue and Forecast to 2027 (US$ Million)
Table 9. China: Organic Fertilizer Market, by Crop Type –Revenue and Forecast to 2027 (US$ Million)
Table 10. China: Organic Fertilizer Market, by Form –Revenue and Forecast to 2027 (US$ Million)
Table 11. India: Organic Fertilizer Market, by Source –Revenue and Forecast to 2027 (US$ Million)
Table 12. India: Organic Fertilizer Market, by Crop Type –Revenue and Forecast to 2027 (US$ Million)
Table 13. India: Organic Fertilizer Market, by Form –Revenue and Forecast to 2027 (US$ Million)
Table 14. Japan: Organic Fertilizer Market, by Source –Revenue and Forecast to 2027 (US$ Million)
Table 15. Japan: Organic Fertilizer Market, by Crop Type –Revenue and Forecast to 2027 (US$ Million)
Table 16. Japan: Organic Fertilizer Market, by Form –Revenue and Forecast to 2027 (US$ Million)
Table 17. South Korea: Organic Fertilizer Market, by Source –Revenue and Forecast to 2027 (US$ Million)
Table 18. South Korea: Organic Fertilizer Market, by Crop Type –Revenue and Forecast to 2027 (US$ Million)
Table 19. South Korea: Organic Fertilizer Market, by Form –Revenue and Forecast to 2027 (US$ Million)
Table 20. Rest of APAC: Organic Fertilizer Market, by Source –Revenue and Forecast to 2027 (US$ Million)
Table 21. Rest of APAC: Organic Fertilizer Market, by Crop Type –Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of APAC: Organic Fertilizer Market, by Form –Revenue and Forecast to 2027 (US$ Million)
Table 23. Glossary of Terms, APAC Organic Fertilizers Market
LIST OF FIGURES
Figure 1. APAC Organic Fertilizers Market Segmentation
Figure 2. APAC Organic Fertilizers Market Segmentation, By Country
Figure 3. APAC Organic Fertilizers Market Overview
Figure 4. Animal-Based Organic Fertilizers Held Largest Share Of Source Segment In APAC Organic Fertilizers Market
Figure 5. China And India Are Expected To Show Remarkable Growth During The Forecast Period
Figure 6. Organic Fertilizers Market, Industry Landscape
Figure 7. APAC: PEST Analysis
Figure 8. APAC Organic Fertilizers Market Impact Analysis Of Driver And Restraints
Figure 9. APAC: Organic Fertilizer Market – Revenue and Forecast to 2027 (US$ Million)
Figure 10. Market Positioning of Key Player In Organic Fertilizers Market
Figure 11. APAC: Organic Fertilizer Market Revenue Share, by Source (2018 and 2027)
Figure 12. APAC Plant: Organic Fertilizers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. APAC Animal: Organic Fertilizers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. APAC Mineral: Organic Fertilizers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. APAC: Organic Fertilizer Market Revenue Share, by Crop Type (2018 and 2027)
Figure 16. APAC Cereals and Grains: Organic Fertilizers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. APAC Fruits and Vegetables: Organic Fertilizers Market –Revenue and Forecast to 2027 (US$ Million)
Figure 18. APAC Oilseed and Pulses: Organic Fertilizers Market –Revenue and Forecast to 2027 (US$ Million)
Figure 19. APAC Others: Organic Fertilizers Market –Revenue and Forecast to 2027 (US$ Million)
Figure 20. APAC: Organic Fertilizer Market Revenue Share, by Form (2018 and 2027)
Figure 21. APAC Dry: Organic Fertilizers Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 22. APAC Liquid: Organic Fertilizers Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Asia-Pacific: Organic Fertilizer Market Revenue Share, by Key Country (2018 and 2027)
Figure 24. Australia: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. China: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 26. India: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Japan: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. South Korea: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Rest of APAC: Organic Fertilizer Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in APAC Country Markets
The List of Companies - Asia-Pacific Organic Fertilizers Market
- AgroCare Canada
- Biostar Renewables, LLC
- Coromandel International Limited
- Italpollina SpA
- Krishak Bharati Cooperative Limited
- National Fertilizers Limited
- ScottsMiracle-Gro
- Suståne Natural Fertilizer, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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