Global Fertilizers Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2028. Fertilizers are natural and artificial substances. These substances contain chemical elements for improving growth and productiveness of the plants. Further, the fertilizers enhance soil's fertility. This is done by replacing the chemical elements from the previous soil's crop. Thus, increasing demand for the N, P, K and other micronutrient fertilizers and rising global population are factors contributing to the market growth. For instance: According to OurWorldInData.org, the worldwide population went from 1 billion, in the year 1800 to 7.9 billion, by the year end 2050. However, regulatory and environmental constraints and high production costs impede the growth of the market over the forecast period of 2022-2028. Also, increasing demand for fertilizers and technological advancements are likely to increase the growth of the market in the forecasting period.
The regional analysis of global Fertilizers market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation. Asia Pacific is the leading region across the world in terms of market share owing to rising global population. Whereas, North America is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Various technological innovations would create lucrative growth prospects for the Fertilizers market across North American region.
Major market players included in this report are:
Syngenta AG
Yara International ASA
The Mosaic Company
Nutrien Limited
EuroChem Group
CF Industries
PhosAgro
Bunge Limited
K+S Aktiengesellschaft
Groupe OCP
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Straight
Complex Fertilizers
By Crop Type:
Grains and Cereals
Pulses and Oilseeds
Commercial Crops
Fruits and Vegetables
Other Crop Types
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019,2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Fertilizers Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors