Global Green Manure Market
Agriculture

How Will The Green Manure Market Expand Through 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The green manure market has experienced significant growth, with the market size projected to reach $2.33 billion in 2024, representing a compound annual growth rate (CAGR) of 7.6%. This growth is attributed to organic farming practices, soil health awareness, and government support. By 2028, the market is expected to grow to $3.07 billion, with a CAGR of 7.1%.


Driving Force: Seed Infection Surge
The increasing prevalence of seed infection is expected to drive the growth of the green manure market. Green manure plays a role in reducing the incidence and severity of plant diseases, suppressing weed infestation, controlling erosion, and enriching the soil through nitrogen fixation. This is crucial as global crop production faces significant losses due to pests and seed- and soil-borne diseases, costing the global economy billions each year.


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Technological Innovation: Embracing Green Manure for Sustainable Agriculture
The adoption of green manure for sustainable agriculture is a key trend in the market. Major players are using green manure to improve soil health, reduce environmental pollution, and minimize the use of chemical fertilizers. For example, Nurture.farm launched an initiative to stop stubble burning by using bio enzymes to turn stubble into manure, promoting sustainable agricultural practices.


Strategic Acquisition: Yara Acquires Ecolan
In a strategic move, Yara acquired Ecolan, a Finnish-based manufacturer of ecological fertilizers. This acquisition will help Yara strengthen its position in organic farming and contribute to the circular economy. This acquisition underscores the growing importance of sustainable practices in agriculture.


Segmentation and Market Outlook
The green manure market is segmented by type (leguminous, non-leguminous), source (dhaincha, sesbania, sunhemp, other sources), and application (grains and cereals, pulses and oilseeds, fruits and vegetables, other applications). Asia-Pacific was the largest region in the green manure market in 2023 and is expected to be the fastest-growing region in the forecast period.


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The Green Manure Global Market Report 2024  provides an overview of the green manure market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The green manure market forecast analyzes green manure market size, green manure market share, leading competitor and their market positions.


The Table Of Content For The Green Manure Market Include:

1. Green Manure Market Executive Summary
2. Green Manure Market Segments
3. Green Manure Market Size And Green Manure Market Growth Rate
4. Key Green Manure Market Trends
5. Major Green Manure Market Drivers
……
25. Key Mergers And Acquisitions In The Green Manure Market
26. Top Green Manure Companies
27. Green Manure Market Opportunities And Strategies
28. Green Manure Market, Conclusions And Recommendations
29. Appendix


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