Emergen Research has recently published a detailed report on the global Specialty Fertilizers Market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Specialty Fertilizers Market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Specialty Fertilizers Market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.
The global specialty fertilizers market size is expected to reach USD 58.98 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for more effective fertilizers to maximize agricultural productivity and crop quality and yield, and to minimize environmental degradation and impact. Rising needs to minimize the use of chemical fertilizers as these cause accumulation of toxic chemicals, damage soil fertility, adversely affect crop productivity and quality, and deplete organic carbon content has been resulting in rising demand for specialty fertilizers. Increasing sustainable farming practices in various countries across the globe is also contributing to steady growth of the specialty fertilizers market.
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Some Key Highlights from the Report
- In February 2020, ICL, which is a leading special chemicals and specialty minerals company announced the acquisition of Growers Holdings, Inc., which is an innovator in the field of process and data-driven farming. With this acquisition, ICL will further enhance its digital service offering and accelerate its global development road map.
- Water-soluble fertilizers segment accounted for largest revenue share in 2020. Farmers are increasingly adopting highly water-soluble fertilizers as these enable enhancement of yield and quality parameters of crops and eliminate problems such as nutrient fixation in soil, immobilization of nutrients, and volatilization loss nutrient like nitrogen.
- Fruits and vegetables segment revenue is expected to expand at a rapid CAGR during the forecast period. Specialty fertilizers such as micronutrient fertilizers are increasingly being utilized to enhance quality and quantity of organic fruits and vegetables.
Market Scope:
One of the report’s central components is the broad Specialty Fertilizers market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Specialty Fertilizers market players.
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Emergen Research has segmented the global specialty fertilizers market on the basis of type, crop type, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Micronutrient Fertilizers
- Slow Release Fertilizers
- Controlled Release Fertilizers
- Customized Fertilizers
- Water-soluble Fertilizers
- Others
Crop Type Outlook (Revenue, USD Billion; 2018–2028)
- Pulses and Oilseeds
- Grains and Cereals
- Commercial Crops
- Fruits and Vegetables
- Others
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Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Specialty Fertilizers market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Specialty Fertilizers market size
2.2 Latest Specialty Fertilizers market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Specialty Fertilizers market key players
3.2 Global Specialty Fertilizers size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Specialty Fertilizers market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key geographical areas:
Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Italy
- Spain
- Norway
- Switzerland
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of MEA
Leading Players Profiled in the Report:
Nutrien, LTD., Yara International ASA, ICL Group Ltd., K+S AG, Sociedad Química y Minera de Chile (SQM), The Mosaic Company, EuroChem Group AG, CF Industries Holdings, Inc., Nufarm, and OCI Nitrogen.
Key questions addressed in the report:
- What are the key factors driving the global Specialty Fertilizers market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Specialty Fertilizers market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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