Asia Pacific Biological Organic Fertilizer Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.30 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Asia Pacific Biological Organic Fertilizer Market Analysis
The Asia-Pacific Biological Organic Fertilizer Market is expected to register the fastest growth rate, with a CAGR of 6.3% during the forecast period of 2020-2025. Organic fertilizers are produced from many animal plant-based residues, mineral ores, and beneficial microorganisms. In India, organic fertilizer is applied in bulk or in concentrate depending on the nutrient level content in the particular concentration of product ingredients. These are low-cost renewable sources of plant nutrients which supplement chemical fertilizers. The selected strains of beneficial soil microorganisms used either for seed treatment or soil application are particularly gaining popularity among the farming communities. China accounted for 41.2% of the share in the Asia-Pacific region in 2018. China's grasp over key technologies. The production processes of Chinese organic fertilizer started five decades ago. The practical utilization of the same has gained momentum recently, prompted by a global shift toward the same.
Asia Pacific Biological Organic Fertilizer Market Trends
This section covers the major market trends shaping the APAC Biological Organic Fertilizers Market according to our research experts:
Increased Adoption of Organic Farming
According to the Organic Trade Association, about 82% of the households in the United States purchase organic food. The organic food market in India registered a CAGR of 25% in 2018. As per Statista, it is anticipated to reach USD 1.36 billion by 2020. The rise in demand for organic products is booming, not only due to an increase in conscientious consumers, but also due to increasing incomes, along with improved farming practices that make organic yields more robust. As a result, the increasing demand for organic food, worldwide, has increased the area under organic farming, worldwide. Increase land under organic cultivation will drive the organic fertilizer market during the forecast period.
China Dominates the Market
The Asia-Pacific region is majorly influenced by the Chinese market. The Chinese economy is moving toward a green agriculture practice by encouraging the farmers to scale back the use of chemical fertilizers and switch to bio-based and organic alternatives. In this regard, in 2017, China's Ministry of Agriculture released a pilot plan for fertilizer replacement in around 100 districts of China, which aimed at reducing chemical use fertilizer by at least 20% by 2020. At present, the number of organic fertilizer producers has been growing every year. Some larger fertilizer manufacturers have also stepped into the industry. China has over 300 organic producing enterprises with an annual product output of about half a million metric tons.
Asia Pacific Biological Organic Fertilizer Industry Overview
Asia-Pacific organic fertilizer market is fragmented in nature as there are many players with small shares in the market. The major companies operating in the region are Agrinos, China Bio Fertilizer, etc are adopting various strategies, such as product launches, partnerships, and acquisitions, to gain a larger share in the market. For instance, June 2018 - Kiwa Bio-Tech Products Group Corp established a cooperative relationship with Postal Savings Bank of China Co. Ltd ('PSBC'), Shaanxi Branch, to provide financial support to its clients, including crop growers, family farms, farmers' professional cooperatives, and others.
Asia Pacific Biological Organic Fertilizer Market Leaders
-
National Fertilizer Limited
-
Agri Life Phytopharma Ltd
-
Kiwa Biotech
-
Seek Biotechnology Co. Ltd
-
Qingdao Hibong Fertilizer Co Ltd
*Disclaimer: Major Players sorted in no particular order
Asia Pacific Biological Organic Fertilizer Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Overview
-
4.2 Market Drivers
-
4.3 Market Restraints
-
4.4 Porters Five Force Analysis
-
4.4.1 Threat of New Entrants
-
4.4.2 Bargaining Power of Buyers/Consumers
-
4.4.3 Bargaining Power of Suppliers
-
4.4.4 Threat of Substitute Products
-
4.4.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 Crop
-
5.1.1 Grains and Cereals
-
5.1.2 Pulses and Oil seeds
-
5.1.3 Fruits and Vegetables
-
5.1.4 Other Crops
-
-
5.2 Form
-
5.2.1 Dry
-
5.2.2 Liquid
-
-
5.3 Type
-
5.3.1 Organic Fertilizer
-
5.3.1.1 Green Manure
-
5.3.1.2 Oil Cakes
-
5.3.1.3 Bone Meal
-
5.3.1.4 Fish Meal
-
5.3.1.5 Other Types
-
-
5.3.2 Bio-fertilizer
-
5.3.2.1 Blue Green Algae
-
5.3.2.2 Mycoorrhiza
-
5.3.2.3 Azosprillum
-
5.3.2.4 Rhizobium
-
5.3.2.5 Azotobacter
-
5.3.2.6 Other Bio-fertilizers
-
-
-
5.4 Geography
-
5.4.1 Asia Pacific
-
5.4.1.1 India
-
5.4.1.2 China
-
5.4.1.3 Japan
-
5.4.1.4 Rest of Asia Pacific
-
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Market Share Analysis
-
6.2 Most Adopted Strategies
-
6.3 Company Profiles
-
6.3.1 Kiwa Biotech
-
6.3.2 Seek Biotechnology Co. Ltd
-
6.3.3 Qingdao Future Group
-
6.3.4 Qingdao Hibong Fertilizer Co. Ltd
-
6.3.5 Jiangsu Hanling Fertlizer Co Ltd
-
6.3.6 Agri Life Phytopharma Ltd
-
6.3.7 Bodisen Biotech Inc.
-
6.3.8 Revisoil
-
6.3.9 National Fertilizer Limited
-
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Asia Pacific Biological Organic Fertilizer Industry Segmentation
Biological organic fertilizers are primarily derived from the animal-based and plant-based residues, mineral ores, and beneficial microorganisms. Natural organic fertilizers include animal wastes from meat processing, peat, manure, slurry, and guano. Countries, such as China, India, Australia, Vietnam, and Thailand, recognize the potential of organic agriculture. They have been taking steps to support a more environment-friendly farming system. This factor is expected to boost the demand for organic fertilizers in the Asia-Pacific region.
| Crop | |
| Grains and Cereals | |
| Pulses and Oil seeds | |
| Fruits and Vegetables | |
| Other Crops |
| Form | |
| Dry | |
| Liquid |
| Type | ||||||||
| ||||||||
|
| Geography | ||||||
|
Asia Pacific Biological Organic Fertilizer Market Research FAQs
What is the current Asia-Pacific Biological Organic Fertilizers Market size?
The Asia-Pacific Biological Organic Fertilizers Market is projected to register a CAGR of 6.30% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Biological Organic Fertilizers Market?
National Fertilizer Limited, Agri Life Phytopharma Ltd, Kiwa Biotech, Seek Biotechnology Co. Ltd and Qingdao Hibong Fertilizer Co Ltd are the major companies operating in the Asia-Pacific Biological Organic Fertilizers Market.
What years does this Asia-Pacific Biological Organic Fertilizers Market cover?
The report covers the Asia-Pacific Biological Organic Fertilizers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Biological Organic Fertilizers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
APAC Biological Organic Fertilizer Industry Report
Statistics for the 2024 APAC Biological Organic Fertilizer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. APAC Biological Organic Fertilizer analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
