| | NOVEMBER 20228THE PANORAMAWith an estimated market value of $541.8 million, the value of the Indian organic fertilizers industry receded in 2021 when compared to 2020, when the market was valued at $1.4 billion. Even with that being the case, the Indian organic fertilizer market is anticipated to grow at 7 percent between 2022 and 2032. During the same period, it is expected that farming will continue to be the key application area for organic fertilizers and contribute to more than 80 percent of the market. The increasing adoption of technology has helped organic fertilizer manufacturers to increase the efficiency of their products multifold which has helped in accelerating the growth of the market. In various farming communities, the use of selected strains of soil microorganisms that are utilized for root dripping and soil treatment is gaining more popularity. And this is attributed as yet another major reason which will drive the growth of the organic fertilizer market even more. Let's analyze some of the other popular trends happening in the sector and how it is influencing the growth of the organic fertilizers market. Rising demand for Animal-based Organic FertilizersBlood meal, animal manure, fish products and bone meal are some of the top categories that make up animal-based organic fertilizers. The biggest advantage of using these fertilizers is that it contains nutrients like nitrogen, potassium, and phosphorous which are all crucial for the growth of plants. And many experts believe that, in the near future, animal-based organic fertilizers will amount for the biggest share in the global organic fertilizers market. Owing to the increasing demand, this TRENDS RESHAPING THE ORGANIC FERTILIZERS MARKET
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