Pune, India -- (SBWIRE) -- 08/28/2018 -- Rapidly growing demand for organic food to promote the growth in organic fertilizer market
The rapidly growing demand for organic food and increasing organic farming are the major factors driving the growth of the organic fertilizer market worldwide. The rising awareness about the health released issues caused by the consumption of food or vegetables that are caused by using chemical fertilizers is contributing to the growth of organic fertilizers market. In addition, the strict government regulation for eco-friendly solutions and the cost-effectiveness of organic fertilizers are likely to boost the demand of organic fertilizers across all over the globe. Moreover, ongoing advancements in the manufacturing process of organic fertilizer are projected to create the various opportunities for the organic fertilizer market in the upcoming years.
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Asia Pacific accounts for the largest share of the organic fertilizers market
Europe hold the largest share in the organic fertilizers market. The rising awareness about the health related issues associates with the synthetic fertilizer is driving the growth of organic fertilizers market in Europe region. In addition, Asia Pacific is the fastest growing region in the organic fertilizers market owing to the high demand of good-quality agricultural products coupled with the increasing population in this region. In addition, Agriculture is the major occupation in the various countries in the Asia Pacific region. Furthermore, rising agriculture R&D expenditure, change in farming practice are some factors responsible for the growth of organic farming in Asia Pacific region.
BAFS to fast-track the issuance of permits to sell organic fertilizer
The Bureau of Agriculture and Fisheries Standards (BAFS) to launch online application for permits to sell organic fertilizer in July 2018 .This Web-based system would help businesses to provide on time and transparent issuance of permits as well as it will help them to track their applications.
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The prominent players in the organic fertilizers market are CropAgro, Bio Nature Technology PTE Ltd., Fertikal N.V., National Fertilizers Limited and others are focusing on the expansions, innovative product launches, government policy and investments to gain an additional market share.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global organic fertilizers market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of organic fertilizers market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the organic fertilizers market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the organic fertilizers market to understand the present and future trends in this market and formulate their strategies accordingly.
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