Global Organic Fertilizers Market 2019-2023
About this market
Easy recyclability to gain traction in the market. Organic fertilizers are environment-friendly and sustainable in nature and are harmless to the soil, though they are extensively used over a long period. Technavio’s analysts have predicted that the organic fertilizers market will register a CAGR of more than 14% by 2023.
Growing demand for organic products
With the rising concerns regarding the side effects of various petrochemical and synthetic products, the demand for organic products is increasing at a steady rate.
Manufacturers and end-users are affected because of the raw material storing constraints and the fluctuating prices of organic fertilizers.
For the detailed list of factors that will drive and challenge the growth of the organic fertilizers market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including Italpollina and Walt’s Organic Fertilizer the competitive environment is quite intense. Factors such as the easy recyclability and the growing demand for organic products, will provide considerable growth opportunities to organic fertilizers manufactures. BioStar Renewables, Coromandel International, Fertikal, ICL, Italpollina, and Walt’s Organic Fertilizer are some of the major companies covered in this report.
Technavio Announces the Publication of its Research Report – Global Organic Fertilizers Market 2019-2023
Technavio recognizes the following companies as the key players in the global organic fertilizers market: BioStar Renewables, Coromandel International, Fertikal, ICL, Italpollina, and Walt’s Organic Fertilizer.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the easy recyclability.”
According to the report, one of the major drivers for this market is the growing demand for organic products.
and Walts Organic Fertilizer
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