AMR Market Report Suggests Organic Fertilizers Are Poised for Explosive Growth
A recent market report by Allied Market Research indicates that the organic fertilizer segment is poised for explosive growth. Surging prices and dwindling supplies have plagued the global fertilizer market since early 2022. That was the year when war broke out between Russia and Ukraine, hampering supplies from the two major fertilizer-exporting nations and plunging the worldwide fertilizer market into chaos. Fertilizer prices were struggling before Russia’s invasion of Ukraine due to the global disruptions caused by the coronavirus pandemic. Lockdowns in large fertilizer-consuming nations such as China disrupted the production and transportation of phosphate and phosphoric acid to other…