The global mineral fertilizers market size was USD 108.20 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.8% during the forecast period. Gradual decrease in agricultural yield due to various crop related diseases, increasing government subsidies and rising concern related to soil health, and robust regulatory framework for import and export of mineral fertilizers are key factors driving market revenue growth.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Mineral Fertilizer market include:
BP Bunge Bioenergia S.A., CF Industries Holdings, Inc., Coromandel International Limited, Israel Chemicals Ltd., K+S Aktiengesellschaft, Nutrien Ltd., Mosaic Company, Nufarm, Yara International ASA, and Uralkali
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Mineral Fertilizer market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Mineral Fertilizer Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Mineral Fertilizer Market Segmentation:
-
Nutrient Type Outlook (Revenue, USD Billion; 2019-2032)
- Nitrogen Based Fertilizers
- Phosphate Based Fertilizer
- Potash Based Fertilizer
-
Crop Category Outlook (Revenue, USD Billion; 2019-2032)
- Oilseeds
- Cereals
- Fruits
- Vegetables
- Others
-
Application Outlook (Revenue, USD Billion; 2019-2032)
- Fertigation
- Foliar Spray
- Broadcasting
- Drop Spreading
Mineral Fertilizer Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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