Seoul, South Korea, July 25, 2022 (GLOBE NEWSWIRE) — Fact.MR, a provider of market research and competitive intelligence, says the Global market for organic fertilizer granulators is expected to reach $874 million in 2022 and grow at a decent rate of 5.2% between 2022 and 2032. With the increasing emphasis on fitness and health, end consumers are adopting healthy lifestyle habits. This in turn has led to better consumption of fresh fruit and vegetables.
The growing appreciation of the adverse effects of chemicals in agriculture, combined with the growing preference for organic products, is expected to revolutionize the organic fertilizer granulator market.
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Granular fertilizer production machines play a crucial role in organic waste management to produce organic fertilizers. This granulation is usually carried out on a large scale in order to develop effective amounts of fertilizer and make it inexpensive to operate.
What factors determine the sale of organic fertilizer granulators?
“Increasing focus on sustainability – key driver for the market”
In recent years, the focus on sustainability has increased rapidly and this trend is expected to be widespread during the forecast period as well.
Investment in the waste management industry has increased and governments around the world are launching supportive initiatives to encourage organic fertilizer production and dispose of waste as effectively as possible.
Subsidies and favorable initiatives from governments are expected to help organic fertilizer granulator manufacturers and push them to introduce new innovative products in the global market.
“Lower Effectiveness of Organic Fertilizers Compared to Inorganic Counterparts Impedes Market Growth”
Organic fertilizers, although popular and preferred by many people around the world, have not been used as widely due to their lower potency compared to inorganic and chemical fertilizers that are widely used.
The presence of several significant market players in the chemical fertilizers market also has an inhibiting effect on the sales of organic fertilizer granulators. Lower organic fertilizer usage is expected to be a major challenge for the organic fertilizer granulator manufacturers during the forecast period.
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Key segments covered in the Granulators for organic fertilizers industry survey
- Organic Fertilizer Granulators Market Segment by Type:
- Rotary Drum Fertilizer Granulators
- Disc fertilizer granulators
- Customized & others
- Organic Fertilizer Granulators Market By Capacity:
- 1-1.5 tons/hour.
- 5-2 tons/hour
- 2-4 tons/hour
- 4-8 tons/hour
- >8 tons/h
- Organic Fertilizer Granulators Market by Application Sources:
- animal droppings
- green manure
- farm manure
- solid waste and others
The major players are interested in organic development ways to strengthen their positions in the Organic Fertilizer Granulators market. These include SUZEN Enterprises, Zhangjiagang Mooge Machinery Co. Ltd., FEECO International Inc. and Zhengzhou Victor Machinery Co. Ltd.
- Ostara Nutrient Recovery Technologies announced in July 2021 the completion of its previously announced acquisition of a Mississippi River granulation facility, also from Oakley.
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Key players in the Granulators for organic fertilizers market
- FEECO International Inc.
- HENAN MACHINERY & EQUIPMENT COMPANY LIMITED
- Zhengzhou Victor Machinery Co.Ltd.
- ALLANCE FERTILIZER MACHINES
- Zhangjiagang Mooge Machinery Co.Ltd.
- S. Solutions
- SUZEN company
Key takeaways from Granulators for organic fertilizers market survey
- North America holds 26.2% of the total market and the lead is expected to continue during the forecast period.
- Europe holds 22.1% of the market share.
- Asia-Pacific is expected to take over half of the market in the near future.
- The global organic fertilizer granulator market is expected to reach US$1.45 billion by 2032.
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Expert analysis, actionable insights and strategic recommendations from Fact.MR’s experienced Industrial Goods team help customers from around the world with their unique business intelligence needs. With a repertoire of over a thousand reports and over 1 million data points, the team has been analyzing industrial goods in over 50 countries for over a decade. The team provides unmatched end-to-end research and consulting services.
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