The synthetically created organic fertilizers are based on some other mined and naturally occurring minerals as well as the waste products from the refining of crude oil. These fertilizers rejuvenate the soil while improving crop quality and yield. However, using synthetic fertilizers comes with a danger of contamination through seeping into groundwater and surface water bodies, as well as the introduction of synthetic wastes into the food chain. The health of people and animals may suffer as a result. The soil is refilled with additional fertilizers, which give it nitrogen, phosphorus, and potassium among other essential components, to maintain optimum nutrition.
Brazil Organic Fertilizer Market Driving Factors and Challenges
Brazil Organic Fertilizer business is large and rising, offering firms intriguing opportunities. Brazil has been a large exporter of a variety of tropical agricultural goods (coffee, sugar, and chocolate) since the start of the twenty-first century, and it is prepared to do the same with corn, cotton, soybeans, orange juice, and beef. Over the past few decades, Brazil has advanced to become the fifth-largest country in terms of area and population, the largest country in terms of arable land (around 1 million hectares), and a significant exporter of agricultural products.
However, the brazil organic fertilizer faces several problems. Due to its extensive scope and susceptibility to climatic conditions, crop agriculture is in danger of climate change. The output and quality of yields have all suffered as a result of drought, heat waves, unusual rainfall patterns, and an increase in insect pests. Due to climate reasons, Brazil's agricultural production development has significantly slowed. In a study published by the "Woodwell Climate Research Centre," it was predicted that by 2021, 28% of agricultural lands will be hot and dry, and that percentage was expected to increase by 74%. 90% of Brazil's agricultural land receives its water from the rain, so climate change may affect these lands and lessen the effectiveness of biofertilizers.
Impact of COVID-19 on Brazil Organic Fertilizer Market
The Brazilian fertilizer industry was significantly impacted by the COVID-19 outbreak. As the disease expanded, it altered the agriculture sector in different ways, which in turn affected the demand for fertilizers. The distribution of fertilizers first encountered logistical challenges due to lockdowns and other transportation constraints. These essential supplies were difficult for farmers to get, which led to planting delays and perhaps reduced yields.
Brazil Organic Fertilizer Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Adubasul Fertilizantes, Coromandel International Ltd, Plantin, Sigma Agriscience LLC, T.Stanes and Company Limited, Others.
Brazil Organic Fertilizer Market Segmentation:
By Form: Based on the Form, Brazil Organic Fertilizer Market is segmented as; Manure, Meal Based Fertilizers, Oilcakes, Others.
By Crop Type: Based on the Crop Type, Brazil Organic Fertilizer Market is segmented as; Cash Crops, Horticulture Crops, Row Crops.
By Region: This research also includes data for Northern Region, Eastern Region, Western Region, Southern Region.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.