The South East Asia organic fertilizers market size was valued at $1.2 billion in 2019, and is anticipated to generate $2.1 billion by 2027. The market is projected to experience growth at a CAGR of 7.4% from 2020 to 2027.
South East Asian
countries were spared due to quick and successful actions taken by the government and thus, organic fertilizers market in the region was impacted on medium level as the supply chain disruptions challenges impacted the market growth.
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Our World
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The world population is growing at the rate of 1.05%. The growth in population leads to rise in demand for food. As the availability of arable land is limited, the land management and crop yield management have become an important factor.
However, there is shift toward use of organic fertilizers, owing to growth in awareness of harmful effects caused by chemical fertilizers to both human and environment.
People are opting for organic food products and are also willing to pay a bit higher cost for them. This drives the demand for organic fertilizers.
