#Exactitudeconsultancy #marketresearch
Exactitude Consultancy Latest Published
Specialty Fertilizers Market By Fertilizer Type (Slow-Release Fertilizers, Controlled-Release Fertilizers, Water-Soluble Fertilizers, Micronutrient Fertilizers, Foliar Fertilizers, Liquid Fertilizers), By Crop Type (Fruits and Vegetables, Grains and Cereals, Oilseeds and Pulses, Turf and Ornamental Plants), By Application Method (Fertigation, Foliar Spray, Soil Application) and Region, Global trends and forecast from 2023 to 2029
The specialty fertilizers market is expected to grow at 7% CAGR from 2023 to 2029. It is expected to reach above USD 49.52 Billion by 2029 from USD 26.94 Billion in 2022.
Segment Analysis
The specialty fertilizers market is segmented based on fertilizer type, crop type, application method and region.
Based on fertilizer type, the market is segmented into slow-release fertilizers, controlled-release fertilizers, water-soluble fertilizers, micronutrient fertilizers, foliar fertilizers, liquid fertilizers. Water-soluble fertilizers captured the biggest revenue share, and it is expected that they will maintain that position for the foreseeable future. Many farmers use water-soluble fertilizers because they are excellent at increasing crop production quality and quantity. Water-soluble fertilizers include NPK, potassium nitrate, monopotassium phosphate, monoammonium phosphate, and urea phosphate. The rising use of water-soluble fertilizers for foliar feeding and fertigation aids precision agriculture. Water-soluble fertilizers are in high demand due to the low salt index and excellent fertilizer use efficiency (nearly 80-85%). Farmers are increasingly adopting highly water-soluble fertilizers to increase crop production and quality metrics while also addressing issues such as nutrient fixation in soil, nutrient immobilization, and nutrient loss owing to volatilization, such as nitrogen.
To Know more: [ Ссылка ]
Related Reports:[ Ссылка ]
[ Ссылка ]
Contact us@ sales@exactitudeconsultancy.com
