The global demand for Fertilizer Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XXX KT in2019 and foreseen to touch XXX KT by 2026 with a CAGR of X.X% during 2020-2026.
Fertilizer is a chemical substance added to the soil to increase its fertility. These are mixed with soil to supply one or more plant nutrients and help crops grow by providing essential nutrients. A plant needs a number of different chemical elements. Out of which most important are nitrogen, phosphorus, potassium (NPK). A wide range of fertilizers has been developed to help different crops grow in different soil and weather conditions.
At present, the world population is accounted for 7.3 billion which is expected to reach 8.5 billion by 2030. On the other side, arable land is declining owing to growing urbanization and industrialization. The growing population and declining arable land are collectively adding to the food demand and thus fertilizer. In recent years, there has been an increase in competition. Companies are investing in the manufacturing facility to become a most active player and launching new products into the market. However, high production cost and environmental and regulatory concerns remain a drawback for growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Fertilizer.
The entire Fertilizer market has been sub-categorized into type, and crop type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Crop Type
- Complex Fertilizers
- Grains and Cereals
- Pulses and Oilseeds
- Commercial Crops
- Fruits and Vegetables
This section covers regional segmentation which accentuates on current and future demand for Fertilizer market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Fertilizer Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Fertilizer market include The Mosaic Company, Yara International, Nutrien Limited, K+S Group, and Groupe OCP. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.