NPK fertilizers Market by Application, Form, Type, and Region - 2023

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MarketsandMarkets Presents
NPK Fertilizers Market- Forecast to
2023 https//www.marketsandmarkets.com/Market-Repo
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The report "NPK fertilizers (feed-grade and
food-grade) Market by Application (Bakery
Products, Meat Meat Products, Dairy Products,
and Beverages), Form (Powder, Liquid, and
Others), Type (Nitrogen, Phosphorus, Potassium,
and Others), and Region-Global Forecast to
2023" The NPK fertilizers (food-grade) market is
estimated to be valued at USD 2.4 billion in 2018
and is projected to reach USD 2.9 billion by
2023, at a CAGR of 4.0. The market is driven by
the rise in consumption of meat dairy products
and increasing awareness about the quality of
food products. Browse 151 market data Tables
and 50 Figures spread through 207 Pages and
in-depth TOC on "NPK fertilizers Market Forecast
to 2023 The digital agriculture market is
projected to witness significant growth due to
the increasing population and rising demand for
agricultural produce across the globe. Increased
farm mechanization and developing digital
agriculture infrastructure are expected to
increase the adoption of digital agriculture
among the farmers. The COVID-19 impact on the
market is estimated to be positive. Labor
shortages and supply chain disruptions are
expected to raise the need for digital
agriculture globally. Asia Pacific is projected
to be the fastest-growing market during the
forecast period The Asia Pacific market is
expected to grow at the highest CAGR from 2018 to
2023. The high growth is attributed to the
changing food consumption patterns owing to
rising income and urbanization, especially in
South Asian countries. Further, growth can be
attributed to the increasing urbanization in the
region, resulting in a growing demand for food
security and quality food. Download PDF
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• Report Objectives
• Determining and projecting the size of the NPK
  fertilizers (food-grade) market with respect to
  type, form, application, and regional markets,
  over five years ranging from 2018 to 2023
• Determining and projecting the size of the NPK
  fertilizers (feed-grade) market with respect to
  type, livestock, and regional markets, over five
  years ranging from 2018 to 2023
• Identifying attractive opportunities in the
  market by determining the largest and
  fastest-growing segments across regions
• Analyzing the segments and subsegments of the
  global NPK fertilizers (feed-grade and
  food-grade) market included in the report with
  respect to individual growth trends, prospects,
  and their contribution to the global market
• Identifying and profiling the key players in the
  NPK fertilizers (feed-grade and food-grade)
  market
• Determining the market ranking of the key players
  operating in the NPK fertilizers (feed-grade and
  food-grade) market
• Providing a comparative analysis of the market
  leaders based on the following
• Product offerings
• Business strategies
• Strengths and weaknesses
• Key financials
• Understanding the competitive landscape and
  identifying the major growth strategies adopted
  by the players across the key regions
• Analyzing the market dynamics and competitive
  situations trends across regions and their
  impact on prominent market players
• Request for sample Pages https//www.marketsandma
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By type, phosphorus is expected to be the largest
contributor in the NPK fertilizers (food-grade)
market during the forecast period The NPK
fertilizers (food-grade) market, based on type,
has been segmented into phosphorus, nitrogen,
potassium, and others. The phosphorus segment is
estimated to dominate the market in 2018 and is
also projected to be the fastest-growing segment
during the forecast period. The usage of
phosphate in the food industry is increasing due
to its lower price compared to traditional food
additives. By form, powder form accounts for the
largest market in the NPK fertilizers
(food-grade) market during the forecast
period The NPK fertilizers (food-grade) market,
by form, has been segmented into powder, liquid,
and others. The market is estimated to be
dominated by the powder segment in 2018 and is
also projected to grow at the highest CAGR.
Powdered NPK fertilizers (food-grade) have a
longer shelf life compared to liquid NPK
fertilizers (food-grade)and are also convenient
to apply and transport. By application, meat
and meat products are expected to grow at the
fastest rate during the forecast period. Based
on application, the NPK fertilizers (food-grade)
market is segmented into dairy products, bakery
products, meat meat products, and beverages.
The meat meat products segment is estimated to
dominate the market in 2018 owing to the
increasing demand for processed and packed meat
around the world, especially from developing
countries such as India, China, and Brazil.Make
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• Key Market Players
• The global market for NPK fertilizers (feed-grade
  and food-grade) is dominated by large-scale
  players such as Borealis AG (Austria), AkzoNobel
  (Netherlands), Yara International ASA (Norway),
  Petróleo Brasileiro S.A. (Brazil), and Agrium
  Inc. (Canada). Furthermore, The Mosaic Company
  (US), Israel Chemicals Ltd. (Israel), EuroChem
  (Switzerland), PotashCorp (Canda), KS
  AKTIENGESELLSCHAFT (Germany), Alltech (US),
  PhosAgro (Russia), Haifa Chemicals (Israel),
  Aditya Birla Chemicals (India), and SKW
  Stickstoffwerke Piesteritz (Germany) are the
  other players that hold a significant share in
  the NPK fertilizers (feed-grade and food-grade)
  market.
• Key Questions addressed by the report
• Where are the industry players positioned in the
  industry in terms of the micro quadrants?
• What are the major industry applications for the
  NPK fertilizers (food-grade)market?
• Which are the major factors expected to drive the
  market in the near future?
• Which region would offer a higher growth for the
  players in the market?
• Which type would see the largest market share in
  the market?
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id197135673

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