Market Forecast By Source (Animal-Based, Blood Meal, Manure, Bone Meal, Others, Plant-Based, Green Manure, Others), By Form (Dry, Granular, Pellets, Powder, Others, Liquid), By Application (Broadcasting, Fertigation, Foliar Application, Others), By Crop Type (Cereals and Grains, Wheat, Maize, Rice, Other Cereals and Grains, Fruits and Vegetables, Oilseeds and Pulses, Turf and Ornaments) And Competitive Landscape
Product Code: ETC210942 | Publication Date: May 2022 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Vietnam Organic Fertilizers Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 14.34% in 2025, growth builds up to 18.92% by 2029.
In the Asia region, the Organic Fertilizers market in Vietnam is projected to expand at a exponential growth rate of 15.17% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Vietnam Organic Fertilizers market report thoroughly covers the market by source, by form, by application and by crop type. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Vietnam organic fertilizers market is growing on account of rising urbanization and increasing middle class population in the country. The market has witnessed rising consumer awareness regarding the usage of organic fertilizers by farmers in the country. The market growth is also driven by escalating disposable income, shifting customer preferences towards healthy and sustainable food products, along with government initiatives to promote organic farming practices in the country.
According to 6Wresearch, the Vietnam Organic Fertilizers market size is projected to grow at a CAGR of 6.7% during 2025-2031. The market growth is primarily driven by favourable government policies supporting domestic production of organic fertilizers in the country. Additionally, rising demand for sustainable and environmentally friendly agricultural practices, rising disposable incomes of consumers as well as changing lifestyle of consumers will further dive the market growth over the years to come.
In addition, the demand for organic farming has amplified theatrically on account of customers considering healthier food options to fight lifestyle sicknesses such as diabetes, obesity, and other health diseases. However, there are also some challenges faced by this market, such as the high initial and maintenance costs of organic food products, the competition from alternative products, and climate change and economic slowdown, which may limit the market potential. In addition, the absence of appropriate infrastructure for the storage and delivery of organic products is another major hurdle faced by the market.
The incorporation innovative farming technology and introduction of technologically advanced equipments are offering better yield and superior quality of food products. The organic food products are witnessing growth in demand across the food and beverage industry. The companies are producing and supplying organic products to enhanced their productivity and profitability in the competitive enviornment. Emerging regions are witnessing a surge in personal disposable incomes and increasing consciousness towards healthy food products. These factors are offering tremondous prospects for industrialists and stakeholders to offer affordable food products in these regions.
Some of the major players in the market include Yara International ASA, ICL Group Ltd., K+S Aktiengesellschaft, The Scotts Miracle-Gro Company and Coromandel International Limited. Additionally, some of these players hold majority of the Vietnam Organic Fertilizers market share. Moreover, players are adopting innovative farming technology and using technologically advanced equipments to enhance their productivity. Additionally, companies are going for acquisitions and partnerships to enhance their productivity. Moreover, companies have also invested heavily in promoting the benefits of organic farming over traditional farming techniques.
The government in Vietnam have provided financial incentives and technical assistance to farmers to encourage them to adopt organic farming practices. Further, these initiatives have boosted the Vietnam Organic Fertilizers market revenues. Moreover, the government is also offering various tax incentives to produce better quality food through technological innovation and implementing sustainable farming practices. The government is also concentrating to enhance domestic production and reduce dependencies on imports.
The Vietnam Organic Fertilizers market is expected to grow at steady pace in future, supported by increasing health consciousness, rising disposable income and enhanced government initiatives in the country. The growth will be supported by rising disposable incomes as well as changing consumer’s preference towards organic food products. Further, the players are constantly concentrating to expand their marketing strategies as well as distribution networks to enhance their market reach. The market has also witnessed explosion of online distribution platforms in recent years as they are cost effective and saves time.
According to Dhaval, Research Manager, 6Wresearch, the plant based fertilizers are expected to witness massive growth over the coming years. The growth is primarily driven by growing demand for supportable agriculture and health-conscious consumers. Additionally, plant-based fertilizers include green manure and compost and they are sustainable and environmentally friendly by nature. Moreover, the demand for such fertilizers is also driven by favourable government policies as they support organic farming practices.
The cereals and grains category has witnessed massive growth in recent years driven by growing demand for ecological agriculture and food security norms. Additionally, the cereals and grains are the most commonly used food category among consumers and they have witnessed huge adoption rate over the years. Moreover, the government initiatives to encourage organic farming techniques has further supported the growth of cereals and grains over the years.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Organic Fertilizers Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Organic Fertilizers Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Organic Fertilizers Market - Industry Life Cycle |
3.4 Vietnam Organic Fertilizers Market - Porter's Five Forces |
3.5 Vietnam Organic Fertilizers Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Vietnam Organic Fertilizers Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Vietnam Organic Fertilizers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Vietnam Organic Fertilizers Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
4 Vietnam Organic Fertilizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Organic Fertilizers Market Trends |
6 Vietnam Organic Fertilizers Market, By Types |
6.1 Vietnam Organic Fertilizers Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Organic Fertilizers Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Vietnam Organic Fertilizers Market Revenues & Volume, By Animal-Based, 2021-2031F |
6.1.4 Vietnam Organic Fertilizers Market Revenues & Volume, By Blood Meal, 2021-2031F |
6.1.5 Vietnam Organic Fertilizers Market Revenues & Volume, By Manure, 2021-2031F |
6.1.6 Vietnam Organic Fertilizers Market Revenues & Volume, By Bone Meal, 2021-2031F |
6.1.7 Vietnam Organic Fertilizers Market Revenues & Volume, By Others, 2021-2031F |
6.1.8 Vietnam Organic Fertilizers Market Revenues & Volume, By Plant-Based, 2021-2031F |
6.1.9 Vietnam Organic Fertilizers Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Vietnam Organic Fertilizers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Organic Fertilizers Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Organic Fertilizers Market Revenues & Volume, By Dry, 2021-2031F |
6.2.3 Vietnam Organic Fertilizers Market Revenues & Volume, By Granular, 2021-2031F |
6.2.4 Vietnam Organic Fertilizers Market Revenues & Volume, By Pellets, 2021-2031F |
6.2.5 Vietnam Organic Fertilizers Market Revenues & Volume, By Powder, 2021-2031F |
6.2.6 Vietnam Organic Fertilizers Market Revenues & Volume, By Others, 2021-2031F |
6.2.7 Vietnam Organic Fertilizers Market Revenues & Volume, By Liquid, 2021-2031F |
6.3 Vietnam Organic Fertilizers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Organic Fertilizers Market Revenues & Volume, By Broadcasting, 2021-2031F |
6.3.3 Vietnam Organic Fertilizers Market Revenues & Volume, By Fertigation, 2021-2031F |
6.3.4 Vietnam Organic Fertilizers Market Revenues & Volume, By Foliar Application, 2021-2031F |
6.3.5 Vietnam Organic Fertilizers Market Revenues & Volume, By Others, 2021-2031F |
6.4 Vietnam Organic Fertilizers Market, By Crop Type |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Organic Fertilizers Market Revenues & Volume, By Cereals and Grains, 2021-2031F |
6.4.3 Vietnam Organic Fertilizers Market Revenues & Volume, By Wheat, 2021-2031F |
6.4.4 Vietnam Organic Fertilizers Market Revenues & Volume, By Maize, 2021-2031F |
6.4.5 Vietnam Organic Fertilizers Market Revenues & Volume, By Rice, 2021-2031F |
6.4.6 Vietnam Organic Fertilizers Market Revenues & Volume, By Other Cereals and Grains, 2021-2031F |
6.4.7 Vietnam Organic Fertilizers Market Revenues & Volume, By Fruits and Vegetables, 2021-2031F |
6.4.8 Vietnam Organic Fertilizers Market Revenues & Volume, By Turf and Ornaments, 2021-2031F |
6.4.9 Vietnam Organic Fertilizers Market Revenues & Volume, By Turf and Ornaments, 2021-2031F |
7 Vietnam Organic Fertilizers Market Import-Export Trade Statistics |
7.1 Vietnam Organic Fertilizers Market Export to Major Countries |
7.2 Vietnam Organic Fertilizers Market Imports from Major Countries |
8 Vietnam Organic Fertilizers Market Key Performance Indicators |
9 Vietnam Organic Fertilizers Market - Opportunity Assessment |
9.1 Vietnam Organic Fertilizers Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Vietnam Organic Fertilizers Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Vietnam Organic Fertilizers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Vietnam Organic Fertilizers Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
10 Vietnam Organic Fertilizers Market - Competitive Landscape |
10.1 Vietnam Organic Fertilizers Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Organic Fertilizers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |