Title: Fertilizers Market - Forecast(2021 - 2026)
1Fertilizers MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Fertilizers Market size is forecast to reach
202.89 million by 2026 after growing at a CAGR
of 4.5 during 2021-2026. Global nutrient demand,
poor economic outlook, depressing crop prices,
increasing market pressure, and unpredictable
energy prices are the prime factors fueling the
demand of fertilizers. - Further, presence of limited arable land with
ever-increasing food demand due to rise in
population has put pressure to increase food
productivity, which resulted in increased usage
of fertilizers.
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- Key Takeaways
- Asia Pacific dominates the fertilizers market
owing to rapid increase in food demand and
agriculture industry. - The major technological innovations in the
industry, along with growing demand for bio-based
and micronutrient fertilizers, are expected to
drive the market. - The market drivers and restraints have been
assessed to understand their impact over the
forecast period.
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By Distribution Channel- Segment
Analysis Inorganic fertilizers held the largest
share of more than 50 in the fertilizers market
in 2020. Nutrient management is a key issue in
sustainable soil fertility. The global supply of
ammonia, phosphoric acid and potash is estimated
at around 270 million tons from a total capacity
of 310 to 315 million tons. Of all the regions,
the demand for nitrogen fertilizers was the
highest in the Americas, South Asia and Western
Europe.
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- Fertilizers Market Industry Outlook
- Yara International ASA,
- The Mosaic Company,
- Nutrien Limited,
- KS AG, Bayer, and
- Groupe OCP.
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Fertilizers Market - Forecast(2021 -
2026) Learn More About the Report _at_
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- Analyst Briefing
- Data Tables
- Key Contacts
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Contact (1) 970-236-3677
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