Increasing demand for organic food is expected to propel growth of the global biological organic fertilizers market over the forecast period. For instance, according to 2019 Organic Industry Survey by the Organic Trade Association, organic food sales in the U.S. increased 5.9% in 2018 to reach US$ 47.9 billion and organic food sales made up 5.7% of overall food sales, which rose 2.3% in 2018

Significant growth in the organic food business is expected to offer lucrative growth opportunities for players in the global biological organic fertilizers market. For instance, according to India Brand Equity Foundation, organic food business in India is expected to reach US$ 130 million by 2025. Moreover, increasing demand for food is also expected to aid in growth of the global biological organic fertilizers market. For instance, according to Food and Agriculture Organization, worldwide food demand is expected to increase by 70% by 2050.

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The global biological organic fertilizers market is witnessing several M&A strategies. For instance, in December 2019, Bioenergy DevCo, a developer of anaerobic digestion facilities, partnered with Perdue Farms for acquiring an organic commercial fertilizer processing facility and to supply organic material from Perdue processing facilities.

Major players operating in the global biological organic fertilizers market are focused on expanding their production capacity to enhance their market share. For instance, in March 2019, Biostar Organics, part of BioStar Renewables, announced the commissioning of its first OMRI-listed, SuperSix organic liquid fertilizer plant, located in Othello, WA (U.S).

Major players operating in the global biological organic fertilizers market are also focused on launching new products to expand their product portfolio. For instance, in May 2019, Agroplasma Inc. launched Ferticell Explorer 10-0-0. It is certified by the California Department of Food and Agriculture Organic Input Materials.

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Key Takeaways

Increasing demand for organic food is expected to propel growth of the global biological organic fertilizers market over the forecast period

Major players operating in the global biological organic fertilizers market are focused on launching new products to expand their product portfolio. For instance, in March 2019, Miracle-Gro launched two category innovations: Miracle-Gro Performance Organics and the Miracle-Gro Twelve Indoor Growing System that consist blend of natural and organic materials and locally sourced, specially aged compost.

Major players operating in global biological organic fertilizers market include, Italpollina spa, ILSA S.p.A, Biostar Renewables, Plantin, Sustane Natural Fertilizer Inc., Agroplasma Inc., True Organic Products Inc., California Organic Fertilizers Inc., Miracle-Gro, The Fertell Company, Purely Organics LLC, Pupuk Kaltim, and Qingdao Sonef Chemical Co., Ltd.

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