Press release
Calcium Nitrate Market - Industry Trends and Forecast to 2029
Fertilizers are substances that are added to increase yield by providing crops with nutrients that the soil lacks. Fertilizer addition frequently doubles or triples yield. The growing demand for calcium nitrate in agro-synthetics is expected to drive the growth of the global calcium nitrate market.Data Bridge Market Research analyses that the calcium nitrate market which was valued at USD 13.06 billion in 2021 is expected to reach the value of USD 23.29 billion by 2029, at a CAGR of 7.50% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.
Access Full report: https://www.databridgemarketresearch.com/reports/global-calcium-nitrate-market
Drivers
Growing popularity and knowledge of commercial farming across the globe
Rising farmer knowledge of soil profile and nutritional balance, growing popularity of commercial agriculture around the world, low-cost fertiliser production, and rising demand for agrochemicals are some of the factors expected to drive the calcium nitrate market. Furthermore, an increase in the need to increase productivity and level yield and fertiliser intensity gaps across countries will dampen the market's growth rate.
Growing adoption of horticulture practices
A rapid increase in global horticulture crop production, despite rising crop prices and significant labour costs, will boost the market for calcium nitrate. The shift in emphasis toward dietary food and increased demand for fruits and vegetables will encourage its use in horticulture. Water soluble fertilisers enable farmers to grow more food on less land while providing a significant return on investment. The primary factor driving the calcium nitrate market growth is its widespread use in reducing chemical leaching of crops, which is expected to significantly drive the calcium nitrate market during the forecast period.
Opportunity
The calcium nitrate markets are benefiting from increased awareness of drip irrigation systems. Subsurface drip irrigation systems are commonly used to supplement fodder maize production. The calcium nitrate market is being driven by government initiatives to maximise the use of water resources in agriculture.
Restraints
However, rising organic fertiliser industry growth and growing lack of awareness are among the major factors acting as restraints, while rising number of players with similar product formulations will further challenge the growth of calcium nitrate market during the forecast period.
This calcium nitrate market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the calcium nitrate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Some of the major players operating in the calcium nitrate market are:
Bayer AG (Germany)
BASF SE (Germany)
Yara (Norway)
Compass Minerals (US)
Syngenta Crop Protection AG (Switzerland)
ADAMA (Israel)
Sumitomo Chemicals Co. Ltd. (Japan)
Nufarm (Australia)
UPL (India)
K+S Aktiengesellschaft (Germany)
ICL (Israel)
Browse More Links:
https://draft.blogger.com/blog/post/preview/6207296993915563290/376272949162485492
https://healthcarestrends24.blogspot.com/2024/03/biofungicides-for-soil-treatment-market.html
https://healthcarestrends24.blogspot.com/2024/03/feed-modifiers-market-industry-trends.html
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