Global Specialty Fertilizers Market: Industry Forecast to 2020-2025
Bharat Book Bureau Provides the Trending Market Research Report on “Global Specialty Fertilizers Market - Analysis By Product, Crop, Ingredients, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025)” under Food & Beverage Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.
The Global Specialty Fertilizers Market valued at USD 36.63 Billion in the year 2019 and x thousand tonnes by volume has been witnessing unprecedented growth. Specialty fertilizers are an easy and efficient way to supply household or garden plants with nutrients on a regular basis.
The ultimate goal of adding specialty fertilizers to the soil is to supply the requisite amount of nutrients to crops and prevent the toxification of soil due to over-fertilization. Specialty fertilizers are a fast growing and diverse group of products with different characteristics containing one or more of the essential primary, secondary or micro-nutrients.
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Among the Product segment in the Specialty Fertilizers market (Compound Fertilizers, Slow Release Fertilizers, Controlled Release Fertilizers, Micronutrient Fertilizers), Compound Fertilizers segment leads the market. The compound fertilizer market has witnessed significant growth due to the need for increased productivity and to optimize yield and fertilizer intensity gap across regions. In addition, rise in awareness about soil profile and nutritional balance drives the growth of the compound fertilizer market.
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Last Update : 16 September 2020
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