REPORT: ORGANIC FERTILISERS MARKET TO HIT OVER USD 13 MILLION BY 2029.
The organic fertilizers market is projected to skyrocket to USD 13.6 billion by 2029, driven by a significant rise in consumer demand for organic food and an increasing awareness of the environmental harm caused by conventional farming practices.
According to Markets and Markets Research, this growth is set to nearly double the market’s current value of USD 7.9 billion in 2024, with an impressive compound annual growth rate (CAGR) of 11.5%. This shift reflects a broader trend towards sustainable agriculture as consumers become more environmentally conscious.
Plant-based organic fertilizers, derived from compost, crop residues, seaweed, and green manure crops, are anticipated to lead this growth in terms of market value. The increasing preference for these eco-friendly fertilizers underscores a larger movement within the agricultural industry towards more sustainable and environmentally friendly practices.
As conventional farming faces mounting criticism for its ecological impact, the burgeoning market for organic fertilizers represents a pivotal change towards greener, more sustainable farming methods, promising a healthier future for both agriculture and the planet.
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