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The global seaweed fertilizer market is expected to reach $17.1 million in 2025. The growth of this market is due to the increasing emphasis on the development of organic agriculture, and the increasing use of seaweed fertilizer and other products. The growth of this market has also benefited from the promulgation of policies to prohibit harmful chemical fertilizers in the United States, Germany, France, and the United Kingdom.
Seaweed extract is an important source of essential nutrients for plant growth. The products are available in powder and liquid forms. When NPK (Nitrogen, Phosphorus and Potassium) fertilizers need to be applied, it is a cost-effective alternative to chemical fertilizers and has stronger product efficacy. Seaweed fertilizer can also effectively fight against harmful organisms such as aphids, red spiders and slugs.
In the past ten years, Europe has implemented organic labelling regulations, and the consumption of organic food has also increased. The increasing demand for organic food has increased the demand for organic fertilizers. As an organic fertilizer, the demand for seaweed fertilizer in Europe has also increased.
About 14 million hectares of farmland in Europe use organic fertilizers. In 2017, the country with the largest area of organic farmland was Spain, followed by Italy and France. In addition, the Common Agricultural Policy (CAP) issued by the European Commission also promotes the use of organic fertilizers, which makes the growth prospects of the seaweed fertilizer market very impressive in the next few years.
Since 2004, sales of organic products in North America have increased significantly. The demand for organic food in the United States and Canada is growing rapidly. The U.S. government is currently enacting relevant regulations and increasing funding for organic fertilizers as agrochemicals to promote the use of organic fertilizers.
In 2017, the Asia-Pacific region accounted for more than 15.0% of the global seaweed fertilizer market revenue. Agricultural powers such as China, India, and Indonesia will continue to be an important driving force for the development of this market in the future. In addition, China and Japan are the world's major seaweed producers. Although the demand for seaweed in this area is relatively low, people are paying more and more attention to organic agriculture and the cost-effectiveness of seaweed fertilizer is high. It is expected that the demand for such products in this market will increase in the next few years.
The main companies in the seaweed fertilizer market are Dr. Earth, Inc, Kelpak, FoxFarm Soil & Fertilizer Company, Espoma, Grow More, Hydrofarm LLC, Maxicrop USA, Inc., MAXSEA and Technaflora Plant Products Ltd.. In the next few years, as the demand for seaweed fertilizer increases, competition among companies will continue to intensify. Since most of the seaweed originates from the Asia-Pacific region, many companies are expected to consolidate their influence in the region through geographic expansion or strategic cooperation. Shandong Jiejing Group Corporation is one of leading seaweed fertilizers manufacturers in China. No matter you are fertiliser manufacturer or fertiliser retailers and wholesalers, Jiejing can be your partner. Bcz Jiejing not only produce fertiliser material, but also have its own plant for fertiliser production, OEM service is available.