Global Fertilizer Mixtures Market To Exude USD 30.1 Bn Earnings By 2028

17-Jan-2022 | Zion Market Research

As per study of Zion Market Research, Fertilizer Mixtures industry amassed proceeds worth nearly US$ 20.1 billion in 2020 and is anticipated to accrue returns of approximately US$ 30.1 billion by 2028. Moreover, Fertilizer Mixtures market is prognosis to record CAGR of almost 5.2% in 2021-2028. Furthermore, expansion of fertilizer mixtures market over forecast timespan is subject to need for enhancing crop yield for fulfilling surging food demand along with preventing crop damage due to pathogens & pests. In addition to this, the product helps in reducing storage & handling costs and also enhances physical condition of crops. Apparently, fertilizer mixtures help in restoration of land fertility reduced as a result of massive use of soil for cultivation. Furthermore, fertilizer mixtures are utilized in range of applications such as oilseed, sugar, vegetables, cotton, and fruit yield. All these aforementioned aspects will exalt growth of fertilizer mixtures market over upcoming years. Government is offering huge incentives & discounts to farmers on purchase of product, thereby proliferating size of fertilizer mixtures market.

Nitrogen & Phosphate Fertilizers To Lead Application Landscape By 2028

Growth of segment over forecast timespan can be credited to rise in demand for fertilizer mixtures in nitrogen & phosphate fertilizers segment with view to increase crop output. Apart from this, need for high quality food has led to requirement of treating crops with fertilizer mixture with objective of destroying pests & weeds that damage crops. This has prompted use of fertilizer mixtures in nitrogen & phosphate fertilizers.

Global Fertilizer Mixtures Market 

Asia Pacific Fertilizer Mixtures Market To Reach Scalable Heights Over 2021-2028

Growth of regional market over assessment period is subject to rise in product penetration in countries such as India and China. Rise in awareness among peasants about benefits derived due to use of fertilizer mixtures in land tilling & agricultural activities will steer market growth in region. Use of new farming methods as well as innovating farming techniques such as water dripping method to get more crops through effective cultivation from farm lands where there is water scarcity or low irrigation facility has further led to massive product penetration in region, thereby spurring regional industry trends.

Some of key players have strongly impacted growth of fertilizer mixtures market and they are Henan Xinlianxin Fertilizer Co. Ltd., DAYAL GROUP, Agrichem do Brasil S.A., Sumitomo Chemical, H.J. Baker & Bro., Inc., Beijing Xinhefeng Agrochemical Co. Ltd., The Mosaic Company, Compass Minerals, Compass Minerals, Coromandel International Limited, Bayer CropScience AG, and Gujarat State Fertilizers & Chemicals Ltd.

Browse the full Fertilizer Mixtures Market- By Type (Nitrogen Phosphorus Potassium Fertilizers, Nitrate & Phosphate Fertilizer Mixtures, Hydrogen Orthophosphate, Nitrogen & Phosphorus Fertilizer Mixtures, And Phosphorus & Potassium Fertilizers) And By Application (Soil Quality And Crop Production): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021–2028.” Report at https://www.zionmarketresearch.com/report/fertilizer-mixtures-market

The global Fertilizer Mixtures Market is segmented as follows:

By Type

  • Nitrogen Phosphorus Potassium Fertilizers
  • Phosphorus & Potassium Fertilizers
  • Nitrate & Phosphate Fertilizer Mixtures
  • Hydrogen Orthophosphate
  • Nitrogen & Phosphorus Fertilizer Mixtures

By Application

  • Soil Quality
  • Crop Production

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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