Distention Systems Industry is Expected to Reach $ 308.6 Billion by 2031 - Agrium Inc., Israel Chemical Ltd. (ICL), Sociedad Química Y Minera De Chile (SQM), K+S AKTiengesellschaft

The Global Fertilizer Market reached US$ 210.5 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 308.6 billion by 2031. The market is growing at a CAGR of 4.9% during the forecast period 2024-2031.

The global fertilizer market is expected to grow due to rising food demand, increasing population, and the need for higher agricultural productivity, especially in emerging economies. Advanced farming techniques like precision agriculture, along with government initiatives and subsidies for sustainable practices, are key factors driving this demand. Additionally, growing awareness of balanced nutrient management and soil fertility supports market expansion.

Get a Free Sample Research PDF -
https://www.datamintelligence.com/download-sample/fertilizers-market

Market Trends:

The growing global population and rising food demand are driving significant expansion in the fertilizer market. Fertilizers are essential for boosting crop productivity to meet increased agricultural demands. With the global population rising from 2.5 billion in 1950 to 8.0 billion by 2022, the pressure on food production continues to fuel demand for fertilizers.

Segment Covered in the Fertilizers Market:

By Type: Nitrogen N, Phosphate P205, Potash
By Crops: Wheat, Maize, Rice, Other Cereal, Oilseeds, Cotton, Sugar Crops, Fruits & Vegetables, Others

Regional Analysis:

The global Fertilizers Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Fertilizers Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Fertilizers Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Top Major Key Players
• Agrium Inc.
• Israel Chemical Ltd. (ICL)
• Sociedad Química Y Minera De Chile (SQM)
• K+S AKTiengesellschaft
• Yara International Asa
• Haifa Chemicals Ltd.
• Compo GmbH & Co. Kg
• Coromandel International Ltd.
• The Mosaic Company
• Hebei Monband Water Soluble Fertilizer Co., Ltd.

Get Customization in the report as per your requierments: https://www.datamintelligence.com/customize/fertilizers-market

Related Reports

Controlled Release Fertilizers Market: https://www.datamintelligence.com/research-report/controlled-release-fertilizers-market

Fertilizer Additives Market: https://www.datamintelligence.com/research-report/fertilizer-additives-market

Organic Fertilizers Market: https://www.datamintelligence.com/research-report/organic-fertilizers-market

Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.