Specialty Fertilizers Market

Specialty Fertilizers Market Size, Share, Growth Analysis, By Type(Controlled-release Fertilizer, Water-Soluble Fertilizer, Agricultural Micronutrient, Customized Fertilizer), By Application Method(Soil, Foliar, Fertigation), By Crop Type(Row Crops, Fruits & Vegetables, Turf & Ornamentals, Others), By Region(North America, Europe, Asia Pacific, South America) - Industry Forecast 2024-2031


Report ID: UCMIG15C2040 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Specialty Fertilizers Market Insights

Market Overview:

The global specialty fertilizers industry, with a market value of $24.16 billion in 2022, is set to experience substantial growth, reaching an estimated $25.49 billion in 2023 and further expanding to $41.78 billion by 2030. This growth is characterized by a steady compound annual growth rate (CAGR) of 7.31% over the forecast period. Specialty fertilizers, including controlled-release, water-soluble, agricultural micronutrients, and tailored options, find application across various crops like row crops, fruits and vegetables, turf and ornamentals, using methods such as soil application, foliar spraying, and fertigation. Leading consumer nations driving this growth include the United States, China, India, Brazil, Spain, Canada, Japan, the United Kingdom, Turkey, and Australia, primarily due to their significant agricultural production.

Specialty Fertilizers Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Fertilizers & Agricultural Chemicals by segment aggregation, the contribution of the Fertilizers & Agricultural Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Specialty Fertilizers was estimated to be valued at US$ XX Mn in 2021.

The Specialty Fertilizers Market is estimated to grow at a CAGR of XX% by 2028.

The Specialty Fertilizers Market is segmented on the basis of Type, Application Method, Crop Type, Region.

Based on region, the Specialty Fertilizers Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Specialty Fertilizers Market are Nutrien Ltd. , Yara International ASA , The Mosaic Company , CF Industries Holdings, Inc. , OCP SA , SQM S.A. , Israel Chemicals Ltd. , OCI , K+S Aktiengesellschaft , Nouryon Chemicals Holding B.V. , Indian Farmers Fertiliser Cooperative Limited (IFFCO) , Grupa Azoty S.A. , Wilbur-Ellis Holdings, Inc. , Nufarm Ltd , Coromandel International , Compass Minerals International, Inc. , Deepak Fertilizers and Petrochemicals Corporation Limited , Zuari Agro Chemicals Ltd. , Kugler Company , Kingenta Ecological Engineering Group Co., Ltd. , Brandt, Inc. , Agro Liquid , Plant Food Company, Inc. , Koch Industries, Inc. , Helena Agri-Enterprises, LLC , Valagro SpA , Hebei Monband Water Soluble Fertilizer Co., Ltd. , Haifa Group , Uralchem , EuroChem Group.

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Specialty Fertilizers Market

Report ID: UCMIG15C2040

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