Bio-Organic Fertilizer is an organic fertiliser manufactured from black tea wastes, which have been proven to be high in potassium, phosphorus, and calcium in studies. These nutrients make Bio-Organic Fertilizer more successful than other commercial fertilisers, which include a high percentage of nitrogen, which has significant environmental consequences such as eutrophication of water bodies and soil contamination, among other things.
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As a result, it is thought that using environmentally friendly Bio-Organic Fertilizer can help farmers achieve higher yields while keeping their land fertility levels at a moderate level due to its low N content, lowering input costs for farmers purchasing commercial fertilisers and easing financial burden on small scale farmers. In addition, bioorganic fertiliser has the highest microbiological activity of any industrial manure.
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Bio-Organic Fertiliser from Tea Waste can be used for farming purpose. Bio Organic fertilisers provides nutrients for plant growth, improving soil structure and crop yields. Applications include fruit trees, vegetables, ornamentals, turf grasses and field crops. Green manures are a type of cover crop grown on farms to improve soil quality. Some types of green manure suppress weeds by shading their growth and others add nutrients to soils or encourage nitrogen fixation in legumes. Legume plants have bacteria on their roots that convert atmospheric nitrogen into ammonia, beneficial to plants.
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Tea waste manufacturing, The procedure starts with a specified amount of tea leaves being roasted and dried in special drum dryers. Carbon Dioxide and Black Carbon are produced, which are utilised to make black tea. The carbon residue left over after drying is captured as Bio Organic Compound (BCO), which can then be used as a bio organic fertiliser. Phosphorous, Potassium, and Nitrogen, as well as Phosphate and a number of other vital minerals and trace elements, are all present in this organic waste.
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BCO produces Bio Organic Fertilizer or Bio NPK Fertilizer after further processing. Tea waste is not used directly in the creation of bio organic fertiliser, thus it ends up in landfills with no value added, despite the fact that it has a large production potential for producing bio organic compounds by converting it to biogas or compost through aerobic decomposition.
The global biofertilizers market size was USD 1.60 billion in 2020. The market is projected to grow from USD 1.79 billion in 2021 to USD 3.98 billion in 2028 at a CAGR of 12.03% in the 2021-2028 period. Amplifying demand for organic products is leading to the increasing adoption of biological fertilizers. Higher recognition and acceptance of the product among farmers based across developed as well as developing economies are positively influencing the market.
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The rising soil and water pollution due to excessive usage of chemical fertilizers is further fueling the adoption of organic and sustainable fertilizers. Moreover, the active participation of agricultural producers in ramping up their production of agricultural biological, such as bio-origin fertilizers, is predicted to boost the market growth. This market is projected to witness continuous growth during the forthcoming years due to the rising demand for fertilizers that are compatible for sustainable and organic farming and agriculture practices. These fertilizers are an economical as well as eco-friendly option for crop production; hence, their adoption is rising across the globe. Moreover, other aspects, such as improvement in soil fertility, increase in nutrient uptake by plants, and low risk to human health associated with the use of bio-based fertilizers, are some of the factors driving the market growth.
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Indian Fertilizer Market Trends:
India is one of the top producers of agricultural products, such as pulses, wheat, rice, groundnut, potatoes, and onions. With the continuous population growth and the increasing demand for food crops, the demand for fertilizers has escalated in the country. In addition, with the increasing levels of urbanization and decreasing arable land, farmers are rapidly utilizing fertilizers to improve their production in India. Moreover, the Government of India is implementing initiatives and providing subsidies to produce high-quality seeds and cluster frontline demonstrations through Krishi Vigyan Kendra (KVKs), which is propelling the demand for fertilizers.
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For instance, various programs undertaken by the National Food Security Mission (NFSM) are increasing the food productivity. They also reduce the imports of fertilizers, which is facilitating the production of domestic fertilizers in India. Furthermore, governing bodies are offering the necessary support to the farmers through diversified schemes and introducing new technologies to develop enhanced fertilizers at subsidized rates, which is positively influencing the market growth. Looking forward, the market is expected to grow at a CAGR of 5.5% during the forecast period (2021-2026).