The scale of my country’s organic fertilizer market is gradually expanding, but no leading company has yet emerged.

Organic fertilizer, also known as farmyard manure, refers to the carbon-containing organic fertilizer formed by fermentation and decomposition of animal excrement and animal and plant residues as the main raw materials. Organic fertilizers are rich in a variety of nutrients. After the action of microorganisms, they can slowly release a variety of inorganic and organic nutrients. They can also improve soil structure, increase land productivity, and improve the quality of agricultural products. After years of development, the types of organic fertilizers have become increasingly rich. According to different sources of fertilizers, organic fertilizers can be roughly divided into compost fertilizers, manure fertilizers, straw fertilizers, peat fertilizers, cake fertilizers, urban wastes, soil types, etc.; according to different production processes, organic fertilizers can be roughly divided into bio-organic fertilizers. , commercial organic fertilizer, compound organic fertilizer, etc.

At present, my country’s organic fertilizer industry chain has been formed. The upstream of the industrial chain is the raw material industry. The raw materials of organic fertilizers are mainly composed of agricultural waste, industrial waste, livestock manure, domestic garbage, urban sludge, etc.; the midstream is the organic fertilizer production industry, which is responsible for the production of various types of organic fertilizers. Manufacturing; the downstream is mainly application fields, mostly used in agriculture, landscaping, forestry and other fields.

In recent years, in order to ensure food security, our country has gradually implemented the cultivated land protection system, gradually adjusted the planting structure, and the cultivated land area has continued to grow. According to data released by the National Bureau of Statistics, my country’s sown area of ​​grain crops will gradually increase in 2022, from 117038.21 thousand hectares in 2018 to 118332.00 hectares. As one of the traditional agricultural countries, my country has a large demand for fertilizers for crop cultivation. As the cultivated land area gradually recovers, the demand for fertilizers continues to grow.

According to the “In-depth Market Research and Investment Strategy Suggestions Report on Organic Fertilizer Industry 2023-2027” released by the Industrial Research Center, in the early stage, my country’s fertilizer market is mostly dominated by chemical fertilizers, but long-term excessive use of chemical fertilizers will cause certain damage to land, crops, and the ecological environment. Organic fertilizers have the advantages of a wide variety of products and long fertilizer effects, and have gradually become the mainstream of my country’s fertilizer market. product. As my country’s awareness of environmental protection gradually increases, organic agriculture, ecological agriculture and other industries have developed rapidly, driving the market demand for organic fertilizers to increase. Against this background, the scale of my country’s organic fertilizer market is gradually expanding. In 2022, my country’s organic fertilizer market size will be 131.138 billion yuan, a year-on-year increase of 10.16%.

Industry analysts said that at present, my country’s organic fertilizer market is relatively low-concentrated, and no company with obvious advantages has yet emerged. The major organic fertilizer companies in my country include Fufeng Group, Meihua Biotechnology, Jinzhengda, Genliduo, Sirte, Aojia Ecology, Angel Yeast, Weifang Zhonghe, etc. Among them, Meihua Biology has a relatively high market share of 6.18%, and Fufeng Group has a market share of 4.64%. As my country’s organic fertilizer companies increase research and development technology, gradually improve production technology, gradually expand product categories, and gradually enhance market competitiveness, my country’s organic fertilizer market concentration is expected to gradually increase in the future.