Fertilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

According to the latest report by IMARC Group, titled “Fertilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global fertilizer market grew at a CAGR of around 3% during 2014-2019. Fertilizer refers to an additional mixture applied to soil or plant tissue to supply essential nutrients for the growth of farm-based crops. Organic and inorganic variants are the two most popular types of fertilizers available in the market. Organic fertilizers are produced using carbon-based agricultural waste, livestock manure, industrial waste, and municipal sludge. On the other hand, inorganic variants are manufactured using various chemicals and secondary nutrient sources. Fertilizers are primarily used to provide specific nutrients that are deficient in the soil, such as potassium, nitrogen, phosphorus, etc. It also helps in maintaining soil fertility and improving its water retention capacity.

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The expanding agriculture sector, along with the growing adoption of organic and farm-fresh food products, is augmenting the demand for natural fertilizers. Furthermore, the increasing consumption of plant-based food sources is also driving the need for fertilizers for enhancing soil fertility and improving crop growth. The emergence of bio-fertilizers due to the rising concerns towards the negative impact of chemical-based fertilizers on soil quality is further propelling the market growth. In addition to this, the introduction of favorable government policies to promote the use of nano-fertilizers will continue to catalyze the growth of the global fertilizer market. Looking forward, IMARC Group expects the global fertilizer market to continue its moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global fertilizer market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product type, product, product form and crop type.

Breakup by Product Type:

• Chemical Fertilizer
• Biofertilizers

Breakup by Product:

• Straight Fertilizers
o Nitrogenous Fertilizers
 Urea
 Calcium Ammonium Nitrate
 Ammonium Nitrate
 Ammonium Sulfate
 Anhydrous Ammonia
 Others
o Phosphatic Fertilizers
 Mono-Ammonium Phosphate (MAP)
 Di-Ammonium Phosphate (DAP)
 Single Super Phosphate (SSP)
 Triple Super Phosphate (TSP)
 Others
o Potash Fertilizers
 Muriate of Potash (MoP)
 Sulfate of Potash (SoP)
o Secondary Macronutrient Fertilizers
 Calcium Fertilizers
 Magnesium Fertilizers
 Sulfur Fertilizers
o Micronutrient Fertilizers
 Zinc
 Manganese
 Copper
 Iron
 Boron
 Molybdenum
 Others
• Complex Fertilizers

Breakup by Product Form:

• Dry
• Liquid

Breakup by Crop Type:

• Grains and Cereals
• Pulses and Oilseeds
• Fruits and Vegetables
• Flowers and Ornamentals
• Others

Breakup by Region:

• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

Competitive Landscape Key Player:

• CF Industries
• Haifa Group
• Indian Farmers Fertiliser Co-operative Limited (IFFCO)
• Israel Chemicals Ltd. (ICL)
• Nutrien Limited
• Sociedad Química y Minera (SQM)
• The Mosaic Company
• Uralkali
• Yara International

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/fertilizer-market

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