Demand for Organic Food Propels Fertilizer Market to Reach $13.6 Billion by 2029

A recent study projects the global organic fertilizer market to surge to $13.6 billion by 2029, reflecting a significant compound annual growth rate (CAGR) of 11.5%. This expansion is primarily attributed to the rising awareness of the negative impacts of chemical fertilizers and a growing preference for healthy, environmentally conscious food choices.

The study highlights a shift towards sustainable farming practices and reduced environmental damage as key motivators. Consumers are increasingly prioritizing organic food options, recognizing their health benefits and alignment with environmental values. This fuels a corresponding increase in demand for organic fertilizers.

The report emphasizes that the rising popularity of organic food is a major catalyst in the organic fertilizer market’s expansion. Consumers’ preferences, along with regulatory initiatives promoting sustainability, are key driving forces.

Biofertilizers, which offer nutrients to plants through natural processes, are also gaining traction. They improve soil health, increase organic matter, and support the soil’s natural nutrient cycle.

Dr. Ayodele Otaiku, CEO and Chief Scientist at Arati Farms and Resort, underscores the importance of organic foods and calls for government support in agricultural modernization, with a focus on 100% organic farm inputs. He believes technological advancements and regenerative agriculture practices are essential for Africa’s economic transformation.