Australia Organic Fertilizers Market Growth, Size, Trends, Demand, Revenue and Future Outlook
Australia Organic Fertilizers Market Size- By Source, By Crop Type, By Nutrition Content, By Form- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2024 | Report ID: AGRI2432 | Pages: 1 - 101 | Formats*: |
| Category : Agriculture | |||
Australia Organic Fertilizers Market Introduction and Overview
According to SPER Market Research, the Australia Organic Fertilizers Market is estimated to reach USD 273.47 million by 2033 with a CAGR of 7.51%.
Organic fertiliser is made from natural materials including animal waste, agricultural waste, earthworm castings, and cow dung. These chemicals are beneficial for soil fertility and plant growth because they include high quantities of organic matter and minerals. One of the most significant advantages of organic fertilisers is their capacity to improve soil water retention. Consequently, they enhance the retention of soil moisture and guarantee that plants obtain water even in arid periods. Organic fertilisers improve soil structure and aeration for plant roots by loosening and gasifying the soil. The altered soil structure prevents toxic ions from collecting and affecting soil health.
- In July 2023, Yara opened its first water-soluble fertiliser facility in China. This strategic step is consistent with Yara China's commitment to offering sustainable agriculture solutions based on local crop demands. The new facility intends to improve the efficiency and effectiveness of nitrogen delivery to crops, thereby assisting China's agricultural industry in achieving greater production and sustainability. By building this facility, Yara improves its position in the Chinese market while also emphasising its commitment to promoting environmentally friendly farming methods with novel fertiliser products.
- Fertoz purchased Excel Industries in June 2022 with the goal of developing a specialised fertiliser pellet product for the organic and regenerative agriculture sectors in North America. Nitrogen, phosphorus, and potassium are among the necessary components in this product. Fertoz is to invest $1.28 million to build a factory capable of generating 80,000 tonnes of pellets per year. This acquisition and investment demonstrate Fertoz's dedication to sustainable farming techniques by offering high-quality, nutrient-rich fertiliser products that improve soil health and crop yields in organic farming systems.
Market Opportunities and Challenges
Opportunities- The market for organic food products in Australia has risen in recent years, owing to increased consumer knowledge of the health and environmental benefits. Because they contain no synthetic chemicals or genetically modified organisms (GMOs), organic foods are considered as healthier and safer. In fact, 56% of Australian customers purchased organic in the previous year, and more than 500,000 additional shoppers entered the organic sector. The increased consumer preference for organic products has had a direct impact on the agriculture industry, encouraging farmers to embrace organic farming practices. The move to organic farming demands the use of organic fertilisers, which increase soil fertility and crop yield while avoiding the negative impacts of synthetic fertilisers. This transition is bolstered by the expansion of organic food markets, specialty stores, and organic sections in supermarkets, which make organic products more accessible to the general population. As a result, the demand for organic fertilisers has increased significantly, fueling market expansion.
Challenges- The high cost of organic fertilisers in comparison to conventional synthetic fertilisers is one of the main factors limiting the growth of the Australian organic fertilisers market. Because they frequently require more sophisticated manufacturing techniques and better raw ingredients, organic fertilisers can be more expensive. Many farmers may find it difficult to adopt due to the higher cost, particularly those who operate on a big scale or have limited funding. Despite the long-term advantages of using organic fertilisers, this price difference may discourage farmers from switching to organic farming methods.
Market Competitive Landscape
The Australia Organic Fertilizers Market is competitive, with notable competitors including Neutrog Australia, BioAg Pty Ltd, Fertoz Agriculture Pty Ltd, and Sustainable Farming Solutions Pty Ltd. Neutrog Australia leads the industry in innovative organic fertilizer products that meet a wide range of agricultural needs. BioAg Pty Ltd is known for its sophisticated biofertilizers, which improve soil health and crop productivity. Fertoz Agriculture Pty Ltd specializes in organic phosphate fertilizers, which use natural mineral resources to give long-term nutrient solutions. Sustainable Farming Solutions Pty Ltd provides a wide range of organic products that emphasize ecologically friendly and sustainable farming practices.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Source, By Crop Type, By Nutrition Content, By Form |
| Regions covered | Western Australia, New South Wales, Queensland, Victoria, Rest of Australia |
| Companies Covered | Neutrog Australia, BioAg Pty Ltd, Fertoz Agriculture Pty Ltd, Sustainable Farming Solutions Pty Ltd. |
COVID-19 Impact on Australia Organic Fertilizers Market
The COVID-19 pandemic has posed significant challenges to the organic fertiliser sector in 2020. In comparison to other industries, the organic fertiliser market had a negative impact on total growth. The world economy has been in decline since the COVID-19 epidemic broke out in early 2020. The COVID-19 epidemic is expected to significantly impact fertiliser production and distribution. Logistics are interrupted in several parts of the world, affecting industries including agriculture and others. Prices of organic fertiliser products have begun to fall worldwide as global demand has decreased as a result of sudden restrictions imposed on the purchase of these items during the coronavirus (Covid-19) pandemic.
Key Target Audience:
- Organic Farmers
- Conventional Farmers Transitioning to Organic
- Home Gardeners
- Horticulturalists
- Agricultural Cooperatives
- Agribusiness Companies
- Government and Non-Governmental Organizations (NGOs) promoting sustainable farming
- Retailers and Distributors of Agricultural Products
Our in-depth analysis of the Australia Organic Fertilizers Market includes the following segments:
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Key Topics Covered in the Report:
- Australia Organic Fertilizers Market Size (FY’2024-FY’2033)
- Overview of Australia Organic Fertilizers Market
- Segmentation of Australia Organic Fertilizers Market by Source (Plant-Based Organic Fertilizers, Animal-Based Organic Fertilizers, Mineral-Based Organic Fertilizers)
- Segmentation of Australia Organic Fertilizers Market by Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others)
- Segmentation of Australia Organic Fertilizers Market by Nutrition Content (Presence of Organic Substance up to 60%, Presence of Organic Substance from 40% to 60%, Presence of Organic Substance from 20% to 40%)
- Segmentation of Australia Organic Fertilizers Market by Form (Dry Organic Fertilizers, Liquid Organic Fertilizers)
- Statistical Snap of Australia Organic Fertilizers Market
- Expansion Analysis of Australia Organic Fertilizers Market
- Problems and Obstacles in Australia Organic Fertilizers Market
- Competitive Landscape in the Australia Organic Fertilizers Market
- Impact of COVID-19 and Demonetization on Australia Organic Fertilizers Market
- Details on Current Investment in Australia Organic Fertilizers Market
- Competitive Analysis of Australia Organic Fertilizers Market
- Prominent Players in the Australia Organic Fertilizers Market
- SWOT Analysis of Australia Organic Fertilizers Market
- Australia Organic Fertilizers Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity, and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Australia Organic Fertilizers Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Australia Organic Fertilizers Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Australia Organic Fertilizers Market
7. Australia Organic Fertilizers Market, By Source (USD Million) 2020-2033
7.1. Australia Organic Fertilizers Market Size, Share and Forecast, By Source, 2020-20267.2. Australia Organic Fertilizers Market Size, Share and Forecast, By Source, 2027-20337.3. Plant-Based Organic Fertilizers7.4. Animal-Based Organic Fertilizers7.5. Mineral-Based Organic Fertilizers
8. Australia Organic Fertilizers Market, By Crop Type (USD Million) 2020-2033
8.1. Australia Organic Fertilizers Market Size, Share and Forecast, By Crop Type, 2020-20268.2. Australia Organic Fertilizers Market Size, Share and Forecast, By Crop Type, 2027-20338.3. Cereals and Grains8.4. Oilseeds and Pulses8.5. Fruits and Vegetables8.6. Others
9. Australia Organic Fertilizers Market, By Nutrition Content (USD Million) 2020-2033
9.1. Australia Organic Fertilizers Market Size, Share and Forecast, By Nutrition Content, 2020-20269.2. Australia Organic Fertilizers Market Size, Share and Forecast, By Nutrition Content, 2027-20339.3. Presence of Organic Substance up to 60%9.4. Presence of Organic Substance from 40% to 60%9.5. Presence of Organic Substance from 20% to 40%
10. Australia Organic Fertilizers Market, By Form (USD Million) 2020-2033
10.1. Australia Organic Fertilizers Market Size, Share and Forecast, By Form, 2020-202610.2. Australia Organic Fertilizers Market Size, Share and Forecast, By Form, 2027-203310.3. Dry Organic Fertilizers10.4. Liquid Organic Fertilizers
11. Australia Organic Fertilizers Market Forecast, 2020-2033 (USD Million)
11.1. Australia Organic Fertilizers Market Size and Market Share
12. Australia Organic Fertilizers Market, By Region, 2020-2033 (USD Million)
12.1. Australia Organic Fertilizers Market Size and Market Share By Region (2020-2026)12.2. Australia Organic Fertilizers Market Size and Market Share By Region (2027-2033)12.3. Western Australia12.4. New South Wales12.5. Queensland12.6. Victoria12.7. Rest of Australia
13. Company Profile
13.1. Neutrog Australia13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. BioAg Pty Ltd13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Fertoz Agriculture Pty Ltd13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Sustainable Farming Solutions Pty Ltd13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Australia Organic Fertilizers Market is projected to reach USD 273.47 million by 2033, growing at a CAGR of 7.51% during the forecast period.
Australia Organic Fertilizers Market grew in market size from 2024. The Market is expected to reach USD 273.47 million by 2033, at a CAGR of 7.51% during the forecast period.
Australia Organic Fertilizers Market CAGR of 7.51% during the forecast period.
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Australia Organic Fertilizers Market size is USD 273.47 million from 2024 to 2033.
Australia Organic Fertilizers Market Segment is Covered By Source, By Crop Type, By Nutrition Content, By Form.
The Asia-Pacific region is anticipated to have the highest market share in Australia Organic Fertilizers Market.
The key players in the market include Companies Covered Neutrog Australia, BioAg Pty Ltd, Fertoz Agriculture Pty Ltd, Sustainable Farming Solutions Pty Ltd.
The market for organic food products in Australia has risen in recent years, owing to increased consumer knowledge of the health and environmental benefits. Because they contain no synthetic chemicals or genetically modified organisms (GMOs), organic foods are considered as healthier and safer.
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