Press release
Agricultural Secondary Nutrients Market Growth, Share and Report 2024-2031
Global Agricultural Secondary Nutrients Market is expected to reach a high CAGR during the forecast period 2024-2031.
Magnesium, calcium, and sulfur are essential secondary nutrients for plants, needed in moderate amounts. They support nutrient absorption, enzyme activation, and neutralization of organic acids. Rising crop yields demand adequate nutrient levels; for instance, higher corn yields require more magnesium and sulfur. Market growth is driven by increasing food demand, soil degradation, sustainable agriculture practices, and advancements in nutrient management.
Market Dynamics
Continuous agricultural practices lead to soil degradation and nutrient depletion, causing nutrient-deficient arable lands and lower crop yields. Around 55% of China's arable lands are magnesium-deficient, and global arable land has decreased by nearly a third since 1961, with only 10.8% remaining in 2021. This decline, along with increasing soil contamination, drives demand for secondary nutrients like sulfur, magnesium, and calcium. These nutrients are crucial for restoring soil health, improving nutrient balance, and enhancing fertility, addressing the negative impacts of soil degradation on agriculture.
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Segment Analysis
By Nutrient
* Sulphur
* Calcium
* Magnesium
By Crop
* Cereals and Grains
* Oilseeds and Pulses
* Fruits and Vegetables
* Turfs and Ornamentals
By Type
* Organic
* Conventional
By Form
* Solid
* Liquid
By Application Method
* Foliar Spray
* Soil Application
* Fertigation
Key players
Nufarm Ltd., The Mosaic Company, Nutrien Ag Solutions, Inc., Yara International ASA, Coromandel International Limited, Haifa Negev technologies LTD, Israel Chemicals Ltd., Koch Fertilizer, LLC., Deepak Fertilisers and Petrochemicals and Act Agro Chem Pvt Ltd.
Related Topics
Micronutrient Fertilizers Market - https://www.datamintelligence.com/research-report/micronutrient-fertilizers-market
Liquid Fertilizers Market - https://www.datamintelligence.com/research-report/liquid-fertilizers-market
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