North America 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 | 14.10 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Biological Organic Fertilizer Market Analysis
The North American biological organic fertilizer market is expected to register a CAGR of 14.1% during the forecast period of 2020-2025. Organic fertilizer is applied in bulk or in concentrate, depending on the nutrient level content in the particular concentration of product ingredients. The selected strains of beneficial soil microorganisms used either for seed treatment or soil application are particularly gaining momentum among the farming communities. Increased concern about environment and growth in the organic food industry has paved the way for the use of bio-based organic fertilizers.
North America Biological Organic Fertilizer Market Trends
This section covers the major market trends shaping the North America Biological Organic Fertilizer Market according to our research experts:
Growing Organic Food Industry
Growth in the organic food industry is driving the organic fertilizer market. The shift in preference towards the residue-free, safe, and healthy food is driving the agriculture industry to use chemical-free cultivation practices, which is driving the growth of the organic fertilizer market. According to the report, the US organic food sales amounted to about 47.86 billion US dollars in 2018. This factor highlights the scope for the growth of the biological organic fertilizer market.
Increasing Practise Of Organic Farming
Increased concern about the environment has paved the way for the use of bio-based organic fertilizers. Increasing the cost of chemical fertilizers and push from governments for sustainable farming is enabling the farmers to adopt organic farming practices. This, in turn, increases the demand for the biofertilizers. The area under organic farming in the United States is constantly increasing, which indicates the demand for organic fertilizer. The area under organic farming in the United States has increased from 1,769,001 hectares in 2010 to 2,023,430 hectares in 2018. The increasing preference towards organic methods of cultivation in the country has further driven the plant growth regulators market
North America Biological Organic Fertilizer Industry Overview
Investment in research and development to introduce effective strains is the most sought after the strategy of major players. The key players in the market are also focused on new product launches to cater to a wider consumer base and expand market share in the local market. All the major players have a presence in North America and the regional market place is divided among the big players along with some regional players. The major players in the market are Novozymes AS, Rizobacter Argentina SA, T Stanes & Company Limited, Biomax, Symborg, and Labiofam SA, etc.
North America Biological Organic Fertilizer Market Leaders
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Novozymes A/S
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Bio Max
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T Stanes & Company Limited
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Symborg
*Disclaimer: Major Players sorted in no particular order
North America Biological Organic Fertilizer Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porters Five Force's Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Application
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5.1.1 Microorganism
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5.1.2 Organic residues
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5.2 By Type
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5.2.1 Cereals
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5.2.2 Legumes
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5.2.3 Fruits and Vegetables
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5.2.4 Plantations
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5.2.5 Other Types
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.1.4 Rest of North America
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6. COMPETITIVE LANDSCAPE
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6.1 Market Share Analysis
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6.2 Most Adopted Strategies
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6.3 Company Profiles
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6.3.1 Novozymes AS
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6.3.2 Rizobacter Argentina SA
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6.3.3 Corteva Agriscience
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6.3.4 T Stanes & Company Limited
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6.3.5 Biomax Pharma Services
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6.3.6 Symborg SL
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6.3.7 Labiofam SA
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6.3.8 Bio Nature Technology PTE Ltd
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6.3.9 Krishak Bharati Cooperative Limited (Kribhco)
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Biological Organic Fertilizer Industry Segmentation
The report provides insights on the North American biological organic fertilizer market. The market is segmented, based on type (into microorganism and organic residues), application type (into cereals, legumes, fruits and vegetables, plantations, and others), and geography (into the United States, Canada, Mexico, and the Rest of North America). The report includes an analysis of the competitive landscape, along with the overview of the industry, growth, and for the forecasted period.
| By Application | |
| Microorganism | |
| Organic residues |
| By Type | |
| Cereals | |
| Legumes | |
| Fruits and Vegetables | |
| Plantations | |
| Other Types |
| Geography | ||||||
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North America Biological Organic Fertilizer Market Research FAQs
What is the current North America Biological Organic Fertilizer Market size?
The North America Biological Organic Fertilizer Market is projected to register a CAGR of 14.10% during the forecast period (2024-2029)
Who are the key players in North America Biological Organic Fertilizer Market?
Novozymes A/S, Bio Max, T Stanes & Company Limited and Symborg are the major companies operating in the North America Biological Organic Fertilizer Market.
What years does this North America Biological Organic Fertilizer Market cover?
The report covers the North America Biological Organic Fertilizer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Biological Organic Fertilizer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Biological Organic Fertilizer Industry Report
Statistics for the 2024 North America Biological Organic Fertilizer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Biological Organic Fertilizer analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
