Vegetable and animal waste are examples of organic materials from which fertilizers are made. These fertilizers promote crop health because they are an abundant supply of primary nutrients like nitrogen, phosphorus, and potassium. In addition, they replenish the humus and organic matter in the soil, nourish the microorganisms there, and improve the chemical and physical characteristics of the soil.
According to SPER market research, ‘Europe Organic Fertilizer Market Size – By Source, By Crop Type, By Form – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Organic Fertilizer Market is predicted to reach USD 8.39 billion by 2033 with a CAGR of 8.12%.
Drivers:
The increasing demand and uptake of ecologically friendly agricultural products is anticipated to propel the market for organic fertilizer in the approaching years. More and more farmers are looking for organic, cost-effective, and dependable solutions for their agricultural products. Concerns over carbon footprints, sustainability, and emission intensities are also having a favorable effect on the expanding market for organic fertilizers. Government backing and growing public awareness of the advantages of utilizing organic fertilizers are other factors propelling the growth of the organic fertilizers market in Europe. The tight restrictions placed on the usage of synthetic fertilizers are another factor contributing to the industry’s growth.
Challenges:
One of the primary challenges with slow-release organic fertilizers is their delayed impact on crop growth. Farmers who are looking for quick results, especially in high-value crops or circumstances where quick plant development is essential, might not find the delayed nutrient supply appealing. Precision farming methods, which often need exact nutrient management depending on crop needs, may face challenges when using slow-release organic fertilizers. Because the release rates are unpredictable, it could be harder to accurately modify nutrient treatments according to specific growth phases.
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Impact of COVID-19 on Europe Organic Fertilizer Market
The COVID-19 pandemic has had a significant impact on the European market for organic fertilizers. The market saw opportunities as well as challenges because of supply chain disruptions, lockdowns, and unstable economic conditions. Initially, the constraints led to logistical issues that affected the production and distribution of organic fertilizers. However, there was a surge in demand for organic products, including fertilizers, as people’s focus turned to healthy living and sustainable practices. The shift to organic and sustainable agriculture during the pandemic was influenced by worries about the environment and food security.
Europe Organic Fertilizer Market Key Players:
Additionally, Some of the market key players are Agribios Italiana s.r.l., Angibaud, APC AGRO, Coromandel International Ltd., Fertikal NV.
Europe Organic Fertilizer Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Source: Based on the Source, Europe Organic Fertilizer Market is segmented as; Plant, Animal, Mineral.
By Crop Type: Based on the Crop Type, Europe Organic Fertilizer Market is segmented as; Cereal & Grain, Oilseed & Pulse, Fruits & Vegetables, Others.
By Form: Based on the Form, Europe Organic Fertilizer Market is segmented as; Dry, Liquid.
By Region: This research also includes data for Germany, France, Italy, Spain, UK, Rest of Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
Europe Organic Fertilizer Market Revenue
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