The North American organic fertilizer market was valued at USD 952.7 million in 2019, and it is projected to reach a value of USD 2,083.8 million by 2025, registering a CAGR of 13.3%, during the forecast period, 2020-2025

The North American organic fertilizer sector is still relatively immature; there is heavy dependence on imports, and the imported nutrients are already becoming a vital part of organic farming practices.

New York, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "North America Organic Fertilizers Market - Growth, Trends, and Forecast (2020 - 2025)" - https://www.reportlinker.com/p05881486/?utm_source=GNW
The conventional method of farming is still preferred over the unconventional approach. There have been several provisions made by the United States government to promote organic agriculture in the United States. Considering the type of biofertilizers, organic residues biofertilizer segment was the leading with a revenue of USD 668 million in 2019. Among the organic residues, the majority share accounts for the green manure which generated a revenue of USD 119.2 million. Alfalfa, buckwheat, cowpea, clover, beans, fenugreek, lentil corn, mustard, and soybean are some crops of economic importance in the region that finds a good application of green manures.

Key Market Trends
Increased Demand for Quality and High Crop Yields

The growing population in North America is leading to a decline in the proportion of arable land, which is primarily used to produce food. This is necessitating cultivation in poor soils. The application of biological organic fertilizers helps in enhancing the yield and the quality of the soil. Therefore, the application of biological organic fertilizers improves the bioavailability of all kinds of nutrients. This, in turn, is anticipated to contribute to productivity, nutrient content, and profitability. When biological organic fertilizers are properly used to replenish nutrients removed in previous crops, they are anticipated to improve the productivity of farms. An increase in farm productivity is beneficial to the environment, primarily due to the lower requirement of land, labor, and energy per unit of output. Consumption of organic food has become a popular trend in the last few years due to the awareness of a healthy diet. The United States organic food sales reached a record of 49.4 billion in 2017, which reflected an increase in 6.4% from the previous year. According to the stats revealed by FiBl, North America held 5% of world organic agriculture land, where the United States stood as the fifth-largest country.

Increasing Demand for Organic Nitrogen Fertilizer

There are around 300 organic strawberry growers in five distinct areas of California: Watsonville/Salinas, Santa Maria, Oxnard, Orange County/San Diego, and the Central Valley. The timing of the availability of N-fertilizer is critical for strawberry yield and fruit quality. Since 2015, there have been increasing incidences of nitrogen deficiency in organic strawberries. When the harvest season is extended, the demand for nitrogen occurs later in the season, which indicates that pre-plant cover crops or compost alone may be inadequate to fulfill the plants’ demand. As organic strawberry is an expanding market in California, this is an opportunity for the industry players to enter into the market and resolve this issue being faced by organic strawberry growers in California. Nitrogen deficiency has been much more widely observed in Florida than other citrus-growing areas, because of the sandy nature of, and low organic matter content in, soils, heavy leaching rains, and large weeds that remove substantial amounts of nutrients. This is an opportunity for industrial players to introduce new products and capture the market by resolving the nitrogen deficiency issue in the country.

Competitive Landscape
The North American organic fertilizers market indicates a very highly fragmented market, with major companies accounting for only 18.7% of the market share, despite having diverse and increasing product portfolio. Companies operating in the market are mainly focused on developing qualitative products and new technologies for improving product quality to gain a larger share in the market.

- In July 2018, Actagro LLC initiated the construction of a new 11,000 sq. ft Actagro Technology and Innovation Center (ATIC), at the company’s western manufacturing and corporate R&D site in Central California, which was scheduled to start operations by the end of 2019.
- In July 2018, Growth Products Ltd launched an organic, plant-based, non-clogging liquid fertilizer, Macorganics 4-3-2, which provides a maximum analysis of primary nutrients, including NPK for turf, food crops, and ornamentals, is ideal for supplemental feeding, and conveniently functions as both, a fertilizer and soil conditioner.

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