Overview of the Market

The Europe animal-based fertilizers market is poised for strong growth, with its value estimated at USD 1,888.7 million in 2023. This figure is projected to increase to USD 2,135.0 million in 2024 and is expected to reach USD 4,970.2 million by 2031. The impressive surge in growth is fueled by the growing interest in organic farming, the emphasis on sustainability, and the shift towards natural fertilizers instead of chemical alternatives.

Understanding the Market Landscape

There are a variety of fertilizers available in the market that are derived from animals, such as bone meal, blood meal, fish emulsion, and manure-based products. These fertilizers are made from animal by-products and waste, providing vital nutrients such as nitrogen, phosphorus, and potassium that are essential for maintaining soil health and maximizing crop productivity. The scope of the market encompasses a wide range of agricultural sectors, such as fruit and vegetable farming, grain and cereal production, and horticulture.

Factors Influencing the Market

• Rising Interest in Organic Farming: The growing preference for organic farming practices is a major factor contributing to the growth of the animal-based fertilizers market. Many people choose organic fertilizers because of their natural composition, which improves soil health and supports sustainable agriculture.

• Current Trends: Growing concern for the environment and the harmful effects of chemical fertilizers has led to a rise in the use of animal-based fertilizers. These eco-friendly alternatives are known to enhance soil fertility.

• Government Support: The growth of the market is driven by favorable government policies and subsidies that support organic farming practices and sustainable agriculture.

• Benefits of Animal-Based Fertilizers: Animal-based fertilizers contain a wealth of essential nutrients that greatly enhance crop yield and quality.

Factors Limiting Market Growth

• Expensive Option: Animal-based fertilizers tend to have higher production and processing costs compared to synthetic fertilizers, making them less accessible for widespread use.

• Lack of Awareness: In certain areas, farmers have limited knowledge regarding the advantages and usage of animal-based fertilizers, which presents a hurdle to the expansion of the market.

• Seasonal Availability: The supply consistency of raw materials used for producing animal-based fertilizers can be influenced by seasonal fluctuations.

Current Developments

• Revolutionary Product Development: Companies are prioritizing the creation of cutting-edge animal-based fertilizers that address the unique requirements of crops and enhance productivity.

• Integrated Farming Systems: The concept of integrated farming systems, which combines animal husbandry with crop farming to make use of animal waste as fertilizers, is becoming increasingly popular, fostering a circular economy.

• Research and Development: Anticipated market growth will be fueled by a surge in R&D efforts focused on enhancing the nutrient content and efficacy of animal-based fertilizers.

Agricultural Products Benefitting from Animal-Based Fertilizers

• High-Value Crops: Crops such as tomatoes, lettuce, strawberries, and apples can greatly benefit from the nutrient-rich composition of fertilizers derived from animals.
• Grains and Cereals: Crops like wheat, maize, and rice benefit from the use of animal-based fertilizers, which help improve soil fertility and boost crop yield.
• Horticulture: Flowers, shrubs, and ornamental plants also benefit from using these fertilizers to enhance their growth and produce vibrant blooms.

Products Manufactured by Top 10 Companies in Europe

• Scotts Miracle-Gro: Known for Miracle-Gro® Organic Choice® Bone Meal.
• Bayer AG: Provides a range of organic fertilizers derived from animal by-products.
• Yara International: Offers YaraBela® Nitrogen-based fertilizers enriched with organic additives.
• EuroChem Group AG: Specializes in composts and soil conditioners derived from animal sources.
• ICL Group Ltd: Produces ICL Organic Fertilizers, including fish emulsion products.
• Syngenta AG: Provides a variety of organic fertilizers enriched with nutrients derived from animals.
• Sikko Industries Ltd: Known for Sikko Fish Emulsion Fertilizer.
• AgroBioTech: Specializes in bone meal and blood meal fertilizers.
• Anu Products Ltd: Offers a wide range of animal-based fertilizers, including poultry manure.
• ASB Greenworld: Produces fertilizers specifically designed for horticulture and gardening, with a focus on animal-based ingredients.

Region-Wise Analysis

• Western Europe: Leading the market with high adoption of organic farming practices, particularly in countries like Germany, France, and the Netherlands.
• Eastern Europe: Showing significant growth potential due to increasing awareness and government support for sustainable agriculture.
• Southern Europe: Countries like Spain and Italy are prominent due to their extensive agricultural activities and preference for organic fertilizers.
• Northern Europe: Growing steadily with countries like the UK and Scandinavia focusing on eco-friendly farming solutions.

Recent Mergers and Acquisitions

• Yara International and Finnsugar Ltd (2022): Through this acquisition, Yara sought to strengthen its range of organic fertilizers by leveraging Finnsugar's specialized knowledge in animal-based fertilizers.
• ICL Group and Fertilizer Witten GmbH (2021): Enhanced ICL's presence in the European market through the integration of Witten's range of organic and animal-based fertilizer products.
• Bayer AG and Plant Health Care plc (2020): Enhanced Bayer's range of organic product offerings by introducing animal-based fertilizers.

Europe Market Shares for 2023

• Germany: 23.1%
• France: 15.4%
• Russia: 11.2%
• Rest of Europe: 50.3%

In Summary

The Europe animal-based fertilizers market is set to experience significant growth, fueled by the rising interest in organic farming, the focus on sustainability, and the backing of government initiatives. Despite the obstacles of high expenses and a lack of awareness, the market presents substantial prospects for growth and creativity. Europe's animal-based fertilizer industry is poised for a bright future, thanks to the ongoing development of new products by leading companies and strategic mergers that are boosting market capabilities. This industry offers a practical and environmentally conscious substitute for synthetic fertilizers, supporting the growth of healthier crops and a sustainable ecosystem.