Going by increasing demand for food and ever-increasing population, the global fertiliser market is projected to reach $232.221billion by 2025.In view of the growing demand for food and increase in the population, there are efforts to improve agriculture input with efficacious natural pesticides and fertiliser with good health and environmental profile
Of this figure, however, international research firm, marketsandmarkets.com said the biofertiliser market, made up of fertilising products such as bacteria, algae and fungi help to increase crop productivity, could hit $ 3.9 billion during the forecast period. Also is organic fertiliser obtained from animal sources such as animal manure or plant sources.
This is driven primarily by the increasing organic farmland as well as the rising acceptance of biofertiliser among farmers.
Buttressing this, the Fertiliser Market report 2020 to 2025, published by Research and Markets.com posits that the rising awareness among the consumers on the effects of various agrochemicals on human health and the environment is boosting the demand for organic fruits and vegetables across regions.
Fastest-growing market
In Nigeria, the agriculture and agri-food sector is a key economic driver and the organic food industry is considered one of the fastest-growing of this market.
In the last 10 years, many consumers have been placing greater demand on the organic foods industry, creating a need for more advanced organic fertiliser products.
To keep up with consumer demand, farmers are switching to organic farming methods that require a focus on environmentally-friendly pest-control and soil regulation methods, including alternatives to chemical-based fertiliser.
For instance, a young entrepreneur, Mayowa Oyinkanola, is championing the use of natural manure to grow crops. His Green Organic Farm is making a success of its mission to grow sustainable, quality, certified organic food for families, friends, neighbours, local community and businesses.
Oyinkanola grows plants, fruits, vegetables and raise poultry. He started the business with a soft loan of N100,000 from his father. Today, the farm is worth millions of naira. He has raised crops using organic fertiliser. He found that the yield and quality of the crop was good. Oyinkanola sees a huge opportunity in the organic farm business.
It is clear to him that agricultural success is vital to Nigeria’s economy and the sustenance of its citizens. However, farmers, according to him, confront expensive farming chemicals.
To address this, Oyinkanola is promoting lower-cost, fertiliser from natural resources that can help farmers cut costs, increase crop yield, revive soil and reduce pollution.
While the majority of farmers use chemical fertiliser because of promised increased productivity and higher crop yields, Oyinkanola believes, they were unaware of the negative long-term effects it could have on the soil.
His concern is that the continuous absorbing of chemical fertiliser into the soil over a long period destroys the ecosystem of microorganisms that supply crops with vital nutrients. This leaves farmers with a low yield of crops depleted of nutrients.
With natural components, he sees farmers cutting costs on chemical fertiliser and pesticides.
The transition to organic farming has given rise to a new organic fertiliser that builds soil health and reduces the environmental impact on agricultural production.