The global phosphorus enriched organic manure market size reached US$ 3,175.3 million in 2023. Over the forecast period, global phosphorus enriched organic manure demand is anticipated to rise at 6.5% CAGR. The market is predicted to increase from US$ 3,382.9 million in 2024 to US$ 6,347.6 million by 2034.
Phosphorus Enriched Organic Manure Market Overview
Attributes | Key Insights |
---|---|
Phosphorus Enriched Organic Manure Market Size in 2023 | US$ 3,175.3 million |
Estimated Phosphorus Enriched Organic Manure Market Value (2024) | US$ 3,382.9 million |
Projected Phosphorus Enriched Organic Manure Market Revenue (2034) | US$ 6,347.6 million |
Value-based Phosphorus Enriched Organic Manure Market CAGR (2024 to 2034) | 6.5% |
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Market to Expand Over 1.9x through 2034
The global phosphorus-enriched organic manure market is predicted to expand over 1.9x through 2034, amid a 0.9% increase in expected CAGR compared to the historical one.
East Asia is Poised to Continue as a Key Hub for Manufacturers
During the forecast period, East Asia is expected to dominate the global phosphorus-enriched organic manure market. It is set to hold around 29.7% of the worldwide market share in 2034. This is attributed to the following factors:
Historical CAGR (2019 to 2023) | 5.6% |
---|---|
Forecast CAGR (2024 to 2034) | 6.5% |
Global sales of phosphorus enriched organic manure grew at a CAGR of 5.6% between 2019 and 2023.
Over the forecast period, the global phosphorus-enriched organic manure market is poised to exhibit healthy growth, reaching a valuation of US$ 6,347.6 million by 2034.
Regulatory support and incentives are significant drivers propelling the growth of the phosphorus-enriched organic manure market. Governments worldwide are increasingly implementing policies and regulations to promote sustainable agriculture and reduce the reliance on chemical fertilizers. These regulations often include bans or restrictions on harmful synthetic fertilizers and subsidies & tax incentives for adopting organic alternatives.
A significant driver fueling the growth of the phosphorus-enriched organic manure market is the increasing consumer preference for organic and sustainable products. As consumers become more conscious of their environmental footprint and health impacts, there is a growing demand for food produced using sustainable farming practices, including organic fertilizers.
As the popularity of rooftop gardening continues to expand, driven by urban sustainability initiatives and a desire for locally grown produce, the demand for phosphorus-enriched organic manure is expected to rise correspondingly. This trend promotes urban food security & green spaces and contributes to the overall expansion of the phosphorus-enriched organic manure market.
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The table below shows the estimated growth rates of the top key countries. India, China, and the United States are set to record high CAGRs of 7.0%, 6.5%, and 5.8%, respectively, through 2034.
Countries | Projected CAGR (2024 to 2034) |
---|---|
India | 7.0% |
China | 6.5% |
United States | 5.8% |
Russia | 5.6% |
Brazil | 5.4% |
India is set to increase at a robust CAGR of 7.0% by 2034. Key factors supporting the market growth are:
During the forecast period, sales of phosphorus-enriched organic manure in China are projected to soar at a CAGR of 6.5%. This is attributable to a combination of factors, including:
The United States is expected to rise at 5.8% CAGR by 2034. Top factors supporting the market expansion in the country include:
Over the forecast period, phosphorus-enriched organic manure demand in Russia is projected to rise at 5.6% CAGR. The factors driving the market growth are as follows:
Brazil's phosphorus-enriched organic manure market is poised to exhibit a CAGR of 5.4% during the forecast period. Key factors supporting the market growth are:
The section below shows the animal-based segment as a dominating source. It is forecast to thrive at 5.7% CAGR between 2024 and 2034. Based on crop type, the cereals & grains segment is anticipated to hold a dominant share through 2034. It is set to exhibit a CAGR of 5.2% during the forecast period.
Top Segment (Source) | Animal-based |
---|---|
Predicted CAGR (2024 to 2034) | 5.7% |
Top Segment (Crop Type) | Cereals & Grains |
---|---|
Projected CAGR (2024 to 2034) | 5.2% |
The global phosphorus-enriched organic manure market is fragmented, with leading players accounting for around 40% to 45% of the share. Sustane Natural Fertilizer Inc., Biogen Fertilizers India Private Ltd., Hindustan Bec Tech India Pvt. Ltd., and Jaipur Bio Fertilizers are the leading phosphorus-enriched organic manure manufacturers and suppliers listed in the report.
Key phosphorus-enriched organic manure companies are investing in continuous research to produce new products and increase their capacity to meet end-user demand. They are also inclined toward adopting strategies to strengthen their footprint, including acquisitions, partnerships, mergers, and facility expansions.
Recent Developments
The global market was valued at US$ 3,175.3 million in 2023.
The market is set to reach US$ 3,382.9 million in 2024.
The market is slated to expand at a 6.5% CAGR through 2034.
The market is set to reach US$ 6,347.6 million in 2034.
Sustane Natural Fertilizer Inc., Komeco B.V., and Midwestren BioAg are the key players.
Cereals & grains segment is estimated to hold a significant market share in 2024.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Technology Roadmap 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product USPs / Features 4.3. Strategic Promotional Strategies 5. Global Market Demand Analysis 2019 to 2023 and Forecast, 2024 to 2034 5.1. Historical Market Volume (tons) Analysis, 2019 to 2023 5.2. Current and Future Market Volume (tons) Projections, 2024 to 2034 5.3. Y-o-Y Growth Trend Analysis 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis By Source 6.2. Global Average Pricing Analysis Benchmark 7. Global Market Demand (in Value or Size in US$ million) Analysis 2019 to 2023 and Forecast, 2024 to 2034 7.1. Historical Market Value (US$ million) Analysis, 2019 to 2023 7.2. Current and Future Market Value (US$ million) Projections, 2024 to 2034 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.1.1. Global GDP Growth Outlook 8.1.2. Global Chemical Industry Overview 8.1.3. Manufacturing Value-Added 8.1.4. Industry Value Added 8.1.5. Parent Market Outlook 8.1.6. Other Macro-Economic Factors 8.2. Forecast Factors - Relevance & Impact 8.2.1. Top Companies Historical Growth 8.2.2. GDP Growth Forecast 8.2.3. Global Chemical Sales Overview 8.2.4. Manufacturing Industry Forecast 8.2.5. Global Urbanization Growth Outlook 8.2.6. End-use Industry Growth Outlook 8.2.7. Other Forecast Factors 8.3. Value Chain 8.3.1. Product Manufacturers 8.3.2. End Users 8.3.3. Avg. Profitability Margins 8.4. COVID-19 Crisis - Impact Assessment 8.4.1. Current Statistics 8.4.2. Short-Mid-Long Term Outlook 8.4.3. Likely Rebound 8.5. Market Dynamics 8.5.1. Drivers 8.5.2. Restraints 8.5.3. Opportunity Analysis 8.6. Global Supply Demand Analysis 8.7. Key Developments 8.8. Patent Analysis 8.9. Parent Market Overview 8.10. Key Regulations & Certifications 8.11. Production Process Overview 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Source 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ million) and Volume Analysis By Source, 2019 to 2023 9.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Source, 2024 to 2034 9.3.1. Plant-based 9.3.2. Animal-based 9.4. Market Attractiveness Analysis By Source 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Crop Type 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ million) and Volume Analysis By Crop Type, 2019 to 2023 10.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Crop Type, 2024 to 2034 10.3.1. Cereals & Grains 10.3.2. Oilseed & Pulses 10.3.3. Fruits & Vegetables 10.3.4. Others 10.4. Market Attractiveness Analysis By Crop Type 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Form 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ million) and Volume Analysis By Form, 2019 to 2023 11.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Form, 2024 to 2034 11.3.1. Solid 11.3.2. Liquid 11.4. Market Attractiveness Analysis By Form 12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ million) and Volume Analysis By Application, 2019 to 2023 12.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Application, 2024 to 2034 12.3.1. Farming 12.3.2. Gardening 12.4. Market Attractiveness Analysis By Application 13. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 13.1. Introduction 13.2. Historical Market Size (US$ million) and Volume Analysis By Region, 2019 to 2023 13.3. Current Market Size (US$ million) and Volume Analysis and Forecast By Region, 2024 to 2034 13.3.1. North America 13.3.2. Latin America 13.3.3. East Asia 13.3.4. South Asia Pacific 13.3.5. Western Europe 13.3.6. Eastern Europe 13.3.7. Middle East and Africa (Middle East and Africa) 13.4. Market Attractiveness Analysis By Region 14. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 14.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 14.4.1. By Country 14.4.1.1. United States 14.4.1.2. Canada 14.4.1.3. Mexico 14.4.2. By Source 14.4.3. By Crop Type 14.4.4. By Form 14.4.5. By Application 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Source 14.5.3. By Crop Type 14.5.4. By Form 14.5.5. By Application 15. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 15.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 15.4.1. By Country 15.4.1.1. Brazil 15.4.1.2. Chile 15.4.1.3. Rest of Latin America 15.4.2. By Source 15.4.3. By Crop Type 15.4.4. By Form 15.4.5. By Application 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Source 15.5.3. By Crop Type 15.5.4. By Form 15.5.5. By Application 16. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 16.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 16.4.1. By Country 16.4.1.1. China 16.4.1.2. Japan 16.4.1.3. South Korea 16.4.2. By Source 16.4.3. By Crop Type 16.4.4. By Form 16.4.5. By Application 16.5. Market Attractiveness Analysis 16.5.1. By Country 16.5.2. By Source 16.5.3. By Crop Type 16.5.4. By Form 16.5.5. By Application 17. South Asia Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 17.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 17.4.1. By Country 17.4.1.1. India 17.4.1.2. ASEAN 17.4.1.3. Australia and New Zealand 17.4.1.4. Rest of South Asia Pacific 17.4.2. By Source 17.4.3. By Crop Type 17.4.4. By Form 17.4.5. By Application 17.5. Market Attractiveness Analysis 17.5.1. By Country 17.5.2. By Source 17.5.3. By Crop Type 17.5.4. By Form 17.5.5. By Application 18. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 18.1. Introduction 18.2. Pricing Analysis 18.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 18.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 18.4.1. By Country 18.4.1.1. Germany 18.4.1.2. Italy 18.4.1.3. France 18.4.1.4. United Kingdom 18.4.1.5. Spain 18.4.1.6. BENELUX 18.4.1.7. NORDICS 18.4.1.8. Rest of W. Europe 18.4.2. By Source 18.4.3. By Crop Type 18.4.4. By Form 18.4.5. By Application 18.5. Market Attractiveness Analysis 18.5.1. By Country 18.5.2. By Source 18.5.3. By Crop Type 18.5.4. By Form 18.5.5. By Application 19. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 19.1. Introduction 19.2. Pricing Analysis 19.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 19.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 19.4.1. By Country 19.4.1.1. Russia 19.4.1.2. Poland 19.4.1.3. Hungary 19.4.1.4. Balkan & Baltics 19.4.1.5. Rest of Eastern Europe 19.4.2. By Source 19.4.3. By Crop Type 19.4.4. By Form 19.4.5. By Application 19.5. Market Attractiveness Analysis 19.5.1. By Country 19.5.2. By Source 19.5.3. By Crop Type 19.5.4. By Form 19.5.5. By Application 20. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034 20.1. Introduction 20.2. Pricing Analysis 20.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 20.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 20.4.1. By Country 20.4.1.1. KSA 20.4.1.2. Other GCC Countries 20.4.1.3. Türkiye 20.4.1.4. South Africa 20.4.1.5. Other African Union 20.4.1.6. Rest of Middle East and Africa 20.4.2. By Source 20.4.3. By Crop Type 20.4.4. By Form 20.4.5. By Application 20.5. Market Attractiveness Analysis 20.5.1. By Country 20.5.2. By Source 20.5.3. By Crop Type 20.5.4. By Form 20.5.5. By Application 21. Country-wise Market Analysis 21.1. Introduction 21.1.1. Market Value Proportion Analysis, By Key Countries 21.1.2. Global Vs. Country Growth Comparison 21.2. United States Market Analysis 21.2.1. By Source 21.2.2. By Crop Type 21.2.3. By Form 21.2.4. By Application 21.3. Canada Market Analysis 21.3.1. By Source 21.3.2. By Crop Type 21.3.3. By Form 21.3.4. By Application 21.4. Mexico Market Analysis 21.4.1. By Source 21.4.2. By Crop Type 21.4.3. By Form 21.4.4. By Application 21.5. Brazil Market Analysis 21.5.1. By Source 21.5.2. By Crop Type 21.5.3. By Form 21.5.4. By Application 21.6. Chile Market Analysis 21.6.1. By Source 21.6.2. By Crop Type 21.6.3. By Form 21.6.4. By Application 21.7. China Market Analysis 21.7.1. By Source 21.7.2. By Crop Type 21.7.3. By Form 21.7.4. By Application 21.8. Japan Market Analysis 21.8.1. By Source 21.8.2. By Crop Type 21.8.3. By Form 21.8.4. By Application 21.9. South Korea Market Analysis 21.9.1. By Source 21.9.2. By Crop Type 21.9.3. By Form 21.9.4. By Application 21.10. India Market Analysis 21.10.1. By Source 21.10.2. By Crop Type 21.10.3. By Form 21.10.4. By Application 21.11. ASEAN Market Analysis 21.11.1. By Source 21.11.2. By Crop Type 21.11.3. By Form 21.11.4. By Application 21.12. Australia and New Zealand Market Analysis 21.12.1. By Source 21.12.2. By Crop Type 21.12.3. By Form 21.12.4. By Application 21.13. Germany Market Analysis 21.13.1. By Source 21.13.2. By Crop Type 21.13.3. By Form 21.13.4. By Application 21.14. Italy Market Analysis 21.14.1. By Source 21.14.2. By Crop Type 21.14.3. By Form 21.14.4. By Application 21.15. France Market Analysis 21.15.1. By Source 21.15.2. By Crop Type 21.15.3. By Form 21.15.4. By Application 21.16. United Kingdom Market Analysis 21.16.1. By Source 21.16.2. By Crop Type 21.16.3. By Form 21.16.4. By Application 21.17. Spain Market Analysis 21.17.1. By Source 21.17.2. By Crop Type 21.17.3. By Form 21.17.4. By Application 21.18. BENELUX Market Analysis 21.18.1. By Source 21.18.2. By Crop Type 21.18.3. By Form 21.18.4. By Application 21.19. NORDICS Market Analysis 21.19.1. By Source 21.19.2. By Crop Type 21.19.3. By Form 21.19.4. By Application 21.20. Russia Market Analysis 21.20.1. By Source 21.20.2. By Crop Type 21.20.3. By Form 21.20.4. By Application 21.21. Poland Market Analysis 21.21.1. By Source 21.21.2. By Crop Type 21.21.3. By Form 21.21.4. By Application 21.22. Hungary Market Analysis 21.22.1. By Source 21.22.2. By Crop Type 21.22.3. By Form 21.22.4. By Application 21.23. Balkan & Baltics Market Analysis 21.23.1. By Source 21.23.2. By Crop Type 21.23.3. By Form 21.23.4. By Application 21.24. KSA Market Analysis 21.24.1. By Source 21.24.2. By Crop Type 21.24.3. By Form 21.24.4. By Application 21.25. Other GCC Countries Market Analysis 21.25.1. By Source 21.25.2. By Crop Type 21.25.3. By Form 21.25.4. By Application 21.26. Turkiye Market Analysis 21.26.1. By Source 21.26.2. By Crop Type 21.26.3. By Form 21.26.4. By Application 21.27. South Africa Market Analysis 21.27.1. By Source 21.27.2. By Crop Type 21.27.3. By Form 21.27.4. By Application 21.28. Other African Union Market Analysis 21.28.1. By Source 21.28.2. By Crop Type 21.28.3. By Form 21.28.4. By Application 22. Market Structure Analysis 22.1. Market Analysis by Tier of Companies 22.2. Market Concentration 22.3. Market Share Analysis of Top Players 22.4. Market Presence Analysis 22.4.1. By Product Footprint of Players 22.4.2. By Regional Footprint of Players 22.4.3. By Application Footprint of Players 23. Competition Analysis 23.1. Competition Dashboard 23.2. Competition Benchmarking 23.3. Competition Deep Dive 23.3.1. Sustane Natural Fertilizer Inc. 23.3.1.1. Overview 23.3.1.2. Product Portfolio 23.3.1.3. Profitability by Market Segments (Product/Channel/Region) 23.3.1.4. Sales Footprint 23.3.1.5. Strategy Overview 23.3.2. Biogen Fertilizers India Private Ltd. 23.3.3. Hindustan Bec Tech India Pvt. Ltd. 23.3.4. Jaipur Bio Fertilizers 23.3.5. Komeco B.V. 23.3.6. Midwestren BioAg 23.3.7. Narmada Bio-Chem Ltd. (NBCL) 23.3.8. Naturesafe 23.3.9. Nextnode Bioscience Pvt. Ltd. 23.3.10. Ujjawal Biotech & Organics Pvt. Ltd. 23.3.11. Biogen Fertilizers India Private Limited 23.3.12. Narmada Bio-chem Limited 23.3.13. Darling Ingredients Inc. 23.3.14. Arvee Biotech 23.3.15. Coromandel International Limited 24. Primary Insights 25. Assumptions and Acronyms Used 26. Research Methodology
Chemicals & Materials
February 2024
REP-GB-13952
316 pages
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