Pune, India, Dec. 02, 2020 (GLOBE NEWSWIRE) — The global organic fertilizers market size is projected to exhibit a remarkable growth trajectory on account of the increasing attention and funding garnered by innovative organic farming startups around the globe, shares Fortune Business Insights™ in its report, titled “Organic Fertilizers Market Size, Share & Industry Analysis, By Source (Animal Origin, Plant Origin), By Form (Dry, Liquid), By Crop Type (Cereals, Pulses and Oilseeds, Fruits and Vegetables, Turf and Ornamental) and Regional Forecast, 2020-2027“. Organic farming has captured world interest due to the vast, long-lasting benefits offered by naturally-derived agricultural inputs as opposed to the detrimental environmental effects produced by synthetic fertilizers and pesticides. The enormous opportunities created by this burgeoning domain have spawned several startups that are specializing in organic fertilizers.
More importantly, these entities are getting recognition from industry leaders and venture capitalists that are engaged in value investing. For example, in April 2020, Lucent Plant BioSciences, a Vancouver-based company that makes fertilizers out of pea and lentil hull waste, received funding of CAD 1.3 million from Protein Industries Canada and additional funding of CAD 1.7 million from another consortium of companies. In India, FIB-SOL Technologies, a startup that engineers low-cost bio-fertilizers to improve soil quality and crop yield, received a seed funding of INR 10lakh from the IIT-M Alumni Association in 2018. Financial support of such kind is encouraging new-entrepreneurs to enter the field of organic farming and create breakthrough products to make agriculture more sustainable.
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List of Key Players Covered in the Organic Fertilizers Market Report:
- Nature Safe
- BioStar Systems, LLC
- Perfect Blend, LLC
- Italpollina SpA
- Krishak Bharati Cooperative Limited
- Coromandel International Limited
- Tata Chemicals Limited
- AgroCare Canada, …
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