Controlled-release Fertilizers Market Size, Trends, Share, and Forecast

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Controlled-release Fertilizers Market Size,
Trends, Share, and Forecast
The global controlled-release fertilizers
market is projected to reach USD 2.9
billion by 2028 from USD 2.2 billion by 2023, at
a CAGR of 5.9 during the forecast period in
terms of value. The controlled-release
fertilizers market has witnessed significant
growth and established its dominance in the
global agriculture industry. According to
the World Bank Report 2023, approximately
9.2 of the worlds population faced hunger
in 2022, compared with 7.9 in 2019. The
rising levels of hunger and food
insecurity highlight the urgent need to
increase agricultural productivity to
ensure food availability. Thus, the
increasing demand for enhanced agricultural
output while reducing environmental effects
is one of the main driving factors. These
fertilizers deliver nutrients gradually,
enhancing plant absorption while lowering
leaching and runoff, which helps reduce water
pollution.

• Controlled-release Fertilizers Market Trends
• Here are some of the controlled-release
  fertilizers market trends
• Increasing Demand for Sustainable
  Agriculture With growing concerns about
  environmental sustainability and the need to
  minimize nutrient runoff, there's a rising demand
  for controlled-release fertilizers. These
  fertilizers offer

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• precise nutrient delivery to plants,
  reducing the risk of over-fertilization and
  environmental pollution.
• Technological Advancements The industry
  is experiencing significant advancements in
  formulation technologies, leading to the
  development of more efficient and
  versatile controlled-release fertilizer
  products. These innovations enhance
  nutrient release mechanisms, prolong
  nutrient availability, and improve nutrient
  uptake efficiency by crops.
• Focus on Customization and Precision Agriculture
  Farmers are increasingly adopting precision
  agriculture practices to optimize resource
  utilization and maximize crop yields.
  Controlled-release fertilizers play a
  crucial role in precision agriculture by
  providing customizable nutrient release
  profiles tailored to specific crop requirements,
  soil conditions, and growth stages.
• Shift Towards Organic and Specialty Crops
  There's a growing consumer preference for
  organic and specialty crops, such as
  fruits, vegetables, and herbs.
  Controlled-release fertilizers are
  compatible with organic farming practices
  and are gaining popularity among producers
  of these high-value crops due to their
  ability to deliver nutrients gradually
  without synthetic additives.

• Government Regulations and
• regulations aimed at minimizing

Environmental Concerns Stringent
nutrient runoff and environmental

• contamination are driving the adoption
  of controlled-release fertilizers. Government
  initiatives promoting sustainable
  agriculture practices and incentivizing the
  use of environmentally friendly
  fertilizers are further propelling market
  growth.
• Expansion in Emerging Markets The
  controlled-release fertilizers market is
  witnessing significant expansion in emerging
  economies, particularly in Asia- Pacific and
  Latin America. Rapid urbanization, increasing
  disposable incomes, and growing awareness about
  the benefits of advanced fertilizers are driving
  demand in these regions.
• Focus on Water-Soluble Controlled-release
  Fertilizers Water-soluble controlled-release
  fertilizers are gaining traction due to
  their ease of application, uniform
  nutrient distribution, and reduced
  leaching losses. Manufacturers are investing in
  the development of water-soluble formulations
  with enhanced nutrient release characteristics to
  address the growing demand for efficient nutrient
  management solutions.
• Controlled-release Fertilizers Market Share
• Here are some of the controlled-release
  fertilizers market share
• Yara (Norway)
• Nutrien Ltd. (Canada)
• Mosaic (US)

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• ICL (Israel)
• Nufarm (Australia)
• Kingenta (China)
• ScottsMiracle-Gro (US)
• Koch Industries, Inc. (US)
• COMPO EXPERT (Germany)
• SQM (Chile)
• Haifa Negev Technologies Ltd (Israel)
• JCAM AGRI Co., Ltd. (Japan)
• Key Questions Addressed by the Controlled-release
  Fertilizers Market Report
• What is the current size of the
  Controlled-release fertilizers market?
• Which are the key players in the market, and how
  intense is the competition?
• Which region is projected to account for the
  largest share of the controlled- released
  fertilizers market?
• Which are the major controlled-release
  fertilizers product types considered in the study
  and which segments are projected to have
  promising growth rates in the future?
• What kind of information is provided in the
  competitive landscape section?