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South East Asia Organic Fertilizer Market Growth Outlook Promising for Multiple Industries

South East Asia Organic Fertilizer Market Growth Outlook Promising for Multiple Industries

The recent “South East Asia Organic Fertilizer Market” report by Report Ocean gathers insights and assessments through genuine consultations with key stakeholders, including CEOs, Managers, Department Heads of Suppliers, Manufacturers, and Distributors. This comprehensive study aims to thoroughly examine the global industry, target market, competition, and various influencing factors. Ask for Free Sample Report

The report on the “South East Asia Organic Fertilizer Market” conducts a data-driven quantitative analysis of the relevant industry. It utilizes research based on public records to identify significant patterns. Additionally, it provides predictions for the market sector’s growth between 2024 and 2032. The research primarily focuses on major global market manufacturers, analyzing sales volume, rates, competitive aspects, market share, and development strategies up to 2032.

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Global South East Asia Organic Fertilizer Market Analysis and Growth Forecast:

The South East Asia Organic Fertilizer market held a market value of USD 722.1 Million in 2020 and is forecasted to reach USD 1,265.3 Million by the year 2027. The market is expected to grow at a CAGR of 5.4% over the forecast period. Approximately 3,143.1 kilo tons of organic fertilizer was sold in 2020.

Organic fertilizer is derived from organic sources, such as domestic sewage, organic compost, poultry droppings, and cattle manures. The market is anticipated to be driven by the growing awareness regarding environmental safety and increasing land area under organic cultivation. However, comparatively unfavourable cost and higher reliance on inorganic means of cultivation are expected to hinder the market growth.

Growth Influencers:

Growing awareness regarding environmental sustainability

The use of chemical fertilizers is widespread. However, growing awareness regarding adverse effects of chemical fertilizers has led to the growth in the demand for organic fertilizers as they offer better environmental sustainability. Extensive use of chemical fertilizers leads to water and soil pollution. Awareness regarding the benefits of organic fertilizers for maintaining environmental sustainability is expected to fuel the market growth.

Competitive Landscape

Key players operating in the South East Asia Organic Fertilizer market include Agroxon Pte Ltd., Alpha BioGreen, Baconco Co., Ltd., Bio-Flora (Singapore) PTE Ltd., Biomax Green, CropAgro, Cropmate Fertilizers Sdn Bhd, Liberco International (S) Pte Ltd, PT Pupuk Kaltim, PT. Jadi Mas – Fertilizers Factory, Revisoil, SongGianh Corporation, Stamford Resources Pte Ltd, Thai Central Chemical Public Company Limited, and Other Prominent Players.

The approximate market share of the eleven major players is close to 20%. These market players are involved in partnerships, mergers & acquisitions, new product launches, to strengthen their market presence. For instance, in November 2019, Baconco Co., Ltd launched 2 new organic fertilizers, namely ANIMA and ORGANICONCO. ANIMA is derived from salmon and is made in Norway. ORGANICONCO is derived from chicken and is made in France. Both these products are expected to strengthen Baconcos position in the organic fertilizers market.

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Segments Overview

The South East Asia Organic Fertilizer market is classified into source, form, nutrient content, and crop type.

By Source,
Plant
Animal
Mineral

The plant segment is anticipated to hold the largest market share of about 65% owing to the high demand for plants and plant parts for production of organic fertilizers, as they breakdown easily as compared to other sources. The animal segment is estimated to surpass a volume size of about 1,000 tons by 2025.

By Form,
Dry
Liquid

The dry segment is expected to account for the largest market share, as they can be easily packaged. The liquid segment is estimated to witness the fastest growth rate of about 8.8% owing to growing demand for such products.

By Nutrient Content,
Presence of Organic Substance up to 60%
Presence of Organic Substance from 40% to 60%
Presence of Organic Substance from 20% to 40%

Based on nutrient content, organic fertilizers with presence of organic substance up to 60% is anticipated to surpass a market volume of around 1,628.2 kilo tons by 2027 owing to its increasing adoption.

By Crop Type,
Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others

The cereals and grains segment is estimated to hold the largest market share of about 40% owing to high demand for organic fertilizers for cereals and rains production. The fruits and vegetables segment is expected to witness a growth rate of 7.7% owing to high use of organic fertilizers in kitchen gardens which majorly produce fruits and vegetables.

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Regional Overview

On a regional basis, the market is divided into Burma (Myanmar), Cambodia, Indonesia, Malaysia, The Philippines, Singapore, Thailand, Vietnam, and Others (Laos, Timor-Leste, Brunei).

Indonesia is anticipated to hold the largest market share of about 28% owing to high demand for organic food. Malaysia is expected to grow at a CAGR of 7.1% owing to rising government as well as subsidies on organic fertilizer in the country. Thailand is estimated to surpass a market volume of 834.7 kilo tons by 2027.

The South East Asia Organic Fertilizer market report provides insights on the below pointers:

Market Penetration: Provides comprehensive information on the market offered by the prominent players

Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets

Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments

Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the South East Asia Organic Fertilizer market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.

Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The South East Asia Organic Fertilizer market report answers questions such as:

  • What is the market size and forecast of the South East Asia Organic Fertilizer Market?
  • What are the inhibiting factors and impact of COVID-19 on the South East Asia Organic Fertilizer Market during the assessment period?
  • Which are the products/segments/applications/areas to invest in over the assessment period in the South East Asia Organic Fertilizer Market?
  • What is the competitive strategic window for opportunities in the South East Asia Organic Fertilizer Market?
  • What are the technology trends and regulatory frameworks in the South East Asia Organic Fertilizer Market?
  • What is the market share of the leading players in the South East Asia Organic Fertilizer Market?
  • What modes and strategic moves are considered favorable for entering the South East Asia Organic Fertilizer Market?

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Report Components

Market Synopsis: This section encapsulates the present market scenario and outlines the industry’s scope. It includes a comprehensive analysis of key segments such as product types, applications, and regions, with revenue and sales forecasts provided as part of this overview.

Competitive Landscape: Illuminating the market’s competitive terrain, this section presents an in-depth analysis of manufacturers, offering insights into individual players’ revenue and sales figures. Additionally, it encompasses noteworthy details on mergers, acquisitions, and industry investments.

Regional Analysis: Providing an overview of market revenue, sales, and shares across major regions and sub-regions, this segment also explores the pricing structure, sales growth rate, and other crucial estimations.

Company Profiles: This section provides strategic business insights about key firms operating within the market landscape. It covers product specifications, revenue shares, and portfolios of these major companies.

The Analysis Objectives of the Report are:

To determine the size of the Market by identifying its sub-segments.

To research the key players and analyze their growth strategies.

To assess the size and value of the Market based on key regions.

To analyze the Market in terms of growth trends, potential, and participation in the overall sector.

To investigate the Market size (volume and value) from the company, key regions/countries, goods and applications, and background data.

Primary Market manufacturers to specify, clarify, and analyze the product sales volume, value, market share, market rivalry landscape, SWOT analysis, and future development plans.

To investigate market competitive developments such as market expansions, agreements, new product launches, and acquisitions.

What is new in 2024?

– Major developments that can change the business landscape as well as market forecasts.

– Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.

– Coverage of new market players and change in the market share of existing players of the market.

– Updated financial information and product portfolios of players operating in the market.

– Updated market developments of the profiled players.

– Any new data points/analysis (frameworks) which was not present in the previous version of the report

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