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Starter Fertilizers Market Size, Share, Growth, Trends And Industry Forecast 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Starter Fertilizers Market Size, Growth Rate, And Forecast:
The global starter fertilizers market size is expected to grow from $7.52 billion in 2022 to $7.81 billion in 2023 at a compound annual growth rate (CAGR) of 3.94%. 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 starter fertilizers market size is expected to reach $9.24 billion in 2027 at a CAGR of 4.27%.
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Starter Fertilizers Market Drivers:
The growing demand for food is expected to drive the growth of the starter fertilizers market going forward. Starter fertilizers are applied for crops as they are beneficial for enhancing the development of emerging seedlings by supplying essential nutrients in accessible locations near the roots, increasing nutrient intake effectiveness, minimizing nutrient losses to the environment, and enhancing the general health and vigor of crops, and thereby increases the food productivity.
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Starter Fertilizers Market Segments
•By Type: Synthetic, Organic
•By Form: Dry, Liquid
•By Nutrient: Nitrogen Starter Fertilizer, Phosphorous Starter Fertilizer, Potassium, Micronutrients
•By Crop: Cereals, Fruits And Vegetables, Forage And Turf Grasses
•By Application: In-Furrow, Fertigation, Foliar, Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the starter fertilizers market.
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Starter Fertilizers Market Key Players:
Major competitors in the starter fertilizers market include Yara International ASA, Miller Seed Company, Nachurs Alpine Solutions, Conklin Company Partners Inc., The Scotts Miracle-Gro Company, Stoller USA Inc., Helena Agri-Enterprises LLC, Bayer AG, BASF SE, Compass Minerals, Syngenta Crop Protection AG, ADAMA Ltd., Sumitomo Chemicals Co. Ltd., Nufarm, UPL Limited, K+S Aktiengesellschaft and ICL Group Ltd.
The Business Research Company's "Global Starter 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 Starter Fertilizers Market Include:
1. Executive Summary
2. Starter Fertilizers Market Characteristics
3. Starter Fertilizers Market Trends And Strategies
4. Starter Fertilizers Market - Macro Economic Scenario
5. Starter Fertilizers Market Size And Growth
....
26. Africa Starter Fertilizers Market
27. Starter Fertilizers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Starter Fertilizers Market
29. Starter Fertilizers Market Future Outlook and Potential Analysis
30. Appendix
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