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Fertilizer Market Size, Share and Industry Analysis Report By Form, Product, Application Regional Outlook, Growth Potential & Forecast, 2021-2027

Author : Ravi Chawat | Published Date : 2021-07-09 

The fertilizer market is projected to witness significant growth by 2027 due to the shifting of focus towards organic farming, extensive use of organic fertilizers, and high product usage across application avenues such as gardening, agriculture, nursery and others.

Fertilizers are used day-to-day by farmers as well as families to aid crops and gardens grow. These are known to be essential to the security of the entire globe's food supply, and they should be utilized properly. The manufacture, sale, as well as transportation of fertilizers is thoroughly regulated.

Countries and individuals states have difference regulations as well as statutes that address the use and production of fertilizer to protect the environment and most importantly human health. The key advantage of using fertilizers is that these could be applied with much more control in order to match the various crop needs.

The fertilizer market is segmented on the basis of in terms of form, product, application, and regional landscape.

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With respect to product, the market for fertilizer is classified into inorganic and organic. The organic segment will witness significant growth over the coming time period as these improve soil properties such as cation exchange capacity, structure, as well as water holding capacity. Organic fertilizers are very easy to use, also offering harmless operations. These natural products could be easily applied without the need of any gadgets or protective clothing.

Organic-based fertilizers are generally utilized in both organic as well as conventional agriculture. These fertilizers comprise of three specific product groups such as organic soil improvers, organo-mineral fertilizers and organic fertilizers.

Unlike synthetic fertilizers that provide only primary nutrients to the plants, organic fertilizers provide micronutrients as well. Along with Potassium, Phosphorus and Nitrogen, it also comes with sufficient levels of micronutrients such as copper, sulfur, zinc, magnesium and calcium.

Based on application, the fertilizer market is categorized into gardening, horticulture, agriculture and others. Fertilizer market from other activities including golf courses and nurseries is anticipated to showcase a CAGR of over 2% through the forecast period.

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Fertilizers are extensively utilized across nurseries of various countries across the globe. For instance, in Germany, mineral and organic fertilizers are utilized to surge the soil fertility in nurseries. Moreover, the nutrients supply to plants in a nursery could be achieved by utilizing different methods.

On the regional front, the fertilizer market in Europe is slated to grow at a CAGR of 2% over the analysis timeline. The key driving factors for fertilizer market in the European region remains the extensive use of organic fertilizers coupled with shifting of focus towards organic farming.

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https://www.globenewswire.com/news-release/2019/04/22/1807178/0/en/Fluorosilicic-Acid-Market-to-exceed-1bn-by-2025-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2020/01/14/1970182/0/en/The-Refinery-Catalyst-Market-is-growing-at-4-CAGR-to-2025-Says-Global-Market-Insights-Inc.html

 

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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