North America Organic Fertilizer Market (2021-2026) – COVID-19 Growth, Trends, Impact and Forecast – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – The “North America Organic Fertilizer Market – Growth, Trends, COVID-19 Impact and Forecast (2021 – 2026)” report has been added to ResearchAndMarkets.com offer.

The North American organic fertilizer market was valued at USD 1,116.6 million in 2020, and is expected to reach a value of USD 2,456.0 million by 2026, registering a CAGR of 13.4%, over the course of the forecast period, 2021-2026.

The COVID-19 pandemic has had a direct and negative impact on the organic fertilizer market value chain in the North American region. The lockdown in various countries, including the United States, Canada and Mexico, negatively affected the export-import scenario and the distribution system. The restricted movement throughout the region created a shortage of raw materials needed for the production of fertilizers. This led to the use of the emergency stock of raw materials for continued production.

The United States and Canada are the main markets for organic fertilizers in North America. Achieving the objectives of rural development and sustainable growth, by improving soil management, preserving biodiversity and promoting the efficient use of resources, helps to develop an environment favorable to organic fertilizers and biofertilizers.

Government policies and easier registration processes in North American countries, such as the United States and Canada, favor the organic fertilizer industry. For example, in the United States, the registration process is carried out at the state level, and biofertilizers are registered under soil amendments because they contain organic components. Government policies favorable to organic farming are also directly helping the organic fertilizer market.

Companies mentioned

  • Agrinos Inc

  • California Organic Fertilizers Inc.

  • Kiwa Bio-Tech Products Group Corporation

  • Rizobacter Argentina SA

  • Agrocare Canada

  • Manufacturing BioFert Inc.

  • USA LLC Fertilizer

  • Fertoz Limited

  • Agricultural Solutions Inc.

  • Nutrein (Actagro LLC)

Market players enter into distribution agreements with local distributors to expand their presence in the region.

Key market trends

Increased demand for quality and high yields

Population growth in North America is leading to a decrease in the proportion of arable land, which is mainly used to produce food. This requires cultivation on poor soils. The application of organic organic fertilizers helps to improve the yield and quality of the soil. Therefore, the application of organic organic fertilizers improves the availability of all kinds of nutrients. This, in turn, should contribute to productivity, nutrient content and profitability.

Additionally, organic and organic fertilizers are less responsive to soil conditions and can dramatically improve nutrient uptake and utilization. This should improve the quality of the crop. When organic fertilizers are properly used to replenish nutrients removed in previous crop cycles, they improve farm productivity. An increase in agricultural productivity is beneficial for the environment, mainly due to the decrease in land, labor and energy requirements per unit of output.

According to the Organic Agriculture Research Institute (FiBL), the area cultivated organically in North America has increased from 31 30 331 ha in 2016 to 38 38 393 ha in 2020. Due to the growing popularity of organic food, With the area under organic cultivation and the growing demand for good quality crops, farmers should use organic fertilizers instead of synthetic fertilizers.

Increased consumption of organic foods in the United States

Organic foods are foods produced according to organic farming standards. These agricultural standards are regulated by the responsible government department and contain regulations for food cultivation and animal welfare. In particular, the use of chemical fertilizers, synthetic pesticides, growth hormones and antibiotics is not authorized or is only partially authorized.

In the United States, organic food sales have grown tremendously over the past decade. For this reason, not only do specialty retailers sell organic food, but traditional supermarkets and discounters do as well. Well-known specialty organic retailers in the United States include Whole Foods Market and Sprouts Farmers Market. Whole Foods Market is the largest specialty organic retailer in the United States, with its headquarters in Austin, Texas.

Due to the fact that organic food is healthier and more nutritious than the products of conventional agriculture, there is an increase in the consumption of clean products from organic farming, which has resulted in an increase in product sales. organic food in the United States. According to the Organic Trade Association, in 2020, sales of organic food in the United States were approximately $ 56.4 billion, up from $ 43 billion in 2016. Thus, with the growing awareness of the American population Regarding food organic food consumption, there is an expansion of organic cultivation observed in the country which is likely to boost the organic fertilizer market in North America during the forecast period.

Main topics covered:

1 Market dynamics

1.1 Market overview

1.2 Market drivers

1.3 Market restrictions

1.4 Porter’s five forces analysis

2 Market segmentation

2.1 Type

2.1.1 Organic residues

2.2 Application

2.2.1 Cereals and cereals

2.2.2 Legumes and oilseeds

2.2.3 Cash crops

2.2.4 Fruits and vegetables

2.2.5 Other applications

2.3 Geography

2.3.1 United States

2.3.2 Mexico

2.3.3 Canada

2.3.4 Rest of North America

3 Competitive landscape

4 Market opportunities and future trends

5 Impact of COVID-19 on the industry

For more information on this report, visit https://www.researchandmarkets.com/r/vrun9j

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