Fertilizer Market Size Expects to Reach US$ 203.5 Billion by 2027 | CAGR 3.9%

The latest report by IMARC Group, titled “Fertilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global fertilizer market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global fertilizer market size reached a value of US$ 163.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 203.5 Billion by 2027, exhibiting a CAGR of 3.9% during 2022-2027. Fertilizer is a chemical substance used on crops to increases the water retention capacity and natural fertility of the soil. It also aids in destroying pathogenic components and preventing the spread of diseases to plants. Moreover, it contains essential nutrients and microbes, such as potassium, phosphorus, and nitrogen, which are needed for efficient plant growth.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Important Attribute and highlights of the Report:

• Detailed analysis of the global market share
• Market Segmentation
• Historical, current, and projected size of the market in terms of volume and value
• Latest industry trends and developments
• Competitive Landscape
• Strategies of major players and product offerings

Global Fertilizer Market Trends:

The rising global population, declining arable land, and the escalating demand for sustainable food production are positively influencing the utilization of fertilizers to improve crop productivity. Besides this, the introduction of organic fertilizers is contributing to the market growth. Furthermore, various government and non-government organizations (NGOs) are introducing awareness programs and customized rural workshops to educate farmers about the usage and benefits of fertilizers in crop production. This, coupled with the rising demand for water-soluble and N, P, K, and micronutrient fertilizers that support human health, is anticipated to propel the growth of the market.

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Key Market Segmentation:                           

Competitive Landscape:                                

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

CF Industries, Haifa Group, Indian Farmers Fertiliser Co-operative Limited (IFFCO), Israel Chemicals Ltd. (ICL), Nutrien Limited, Sociedad Química y Minera (SQM), The Mosaic Company, Uralkali and Yara International.

The report has segmented the market on the basis on on region, product type, product, product form and crop type.

Breakup by Product Type:

Chemical Fertilizer
Biofertilizers

Breakup by Product:

Straight Fertilizers
Complex Fertilizers

Breakup by Product Form:

Dry
Liquid

Breakup by Crop Type:

Grains and Cereals
Pulses and Oilseeds
Fruits and Vegetables
Flowers and Ornamentals
Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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