Bio-Organic Fertilizer Market Set for Steady Growth Due to Organic Farming Expansion and Government Support
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The biological organic fertilizer market is projected to grow steadily from 2023-2028 due to increased organic farming and government support.
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Recent studies show bio-organic fertilizers have positive effects on crop growth, nutrient acquisition, and plant health.
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The popularity of organic products is expanding organic farming globally, driving demand for biological organic fertilizers.
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Asia-Pacific is experiencing rapid growth in the organic fertilizer market, with countries like China, India, and Thailand leading developments.
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The market is currently fragmented but expected to shift towards consolidation as regulations are implemented. Major players include Rizobacter Argentina, Lallemand, and National Fertilizers Limited.