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Specialty Fertilizers Market Report 2023 - Growth, Trends, Size And Industry Forecast 2032 | Agrium Inc., Compo Expert GmbH, Coromandel International Limited, EuroChem Group, Haifa Group
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Specialty Fertilizers Market Size, Growth Rate, And Forecast
The global specialty fertilizers market size is expected to grow from $26.49 billion in 2022 to $28.50 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global specialty fertilizers market size is expected to reach $37.03 billion in 2027 at a CAGR of 6.8%.
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Specialty Fertilizers Market Drivers
A rise in the demand for agricultural goods is expected to propel the growth of the specialty fertilizers market going forward. Agricultural goods are products that are grown, harvested, or raised on a farm or other agricultural land. The demand for food and other agricultural products is increasing because of the increase in the world's population.
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Specialty Fertilizers Market Segments
1. By Type: Controlled Release Fertilizers, Water Soluble Fertilizers, Agricultural Micronutrients, Customized Fertilizers.
2. By Crop: Cereals, Pulses And Oil Seeds, Fruits And Vegetables, Trufs And Ornamentals, Other Crops.
3. By Form: Dry, Liquid.
4. By Technology: Slow-Release, N-Stabilizers, Coated And Encapsulated, Chelated.
5. By Application: Soil, Foliar, Fertigation.
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Specialty Fertilizers market.
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Specialty Fertilizers Market Key Players
Major competitors in the specialty fertilizers market include Agrium Inc., Compo Expert GmbH, Coromandel International Limited, EuroChem Group, Haifa Group, ICL Group, Nutrien Ltd.
The Business Research Company's "Global Specialty Fertilizers Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Specialty Fertilizers Market Include:
1. Executive Summary
2. Specialty Fertilizers Market Characteristics
3. Specialty Fertilizers Market Trends And Strategies
4. Specialty Fertilizers Market - Macro Economic Scenario
5. Specialty Fertilizers Market Size And Growth
……
26. Africa Specialty Fertilizers Market
27. Specialty Fertilizers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Specialty Fertilizers Market
29. Specialty Fertilizers Market Future Outlook and Potential Analysis
30. Appendix
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