Specialty Fertilizers Market 2017: Industry Review, Research, Statistics and Growth to 2023
Specialty Fertilizers Market: by type (nitrogen fertilizers, phosphate fertilizers, potash fertilizers, and others) crop type (cereals & oilseeds, fruits & vegetables, turf & ornamentals, and others), and region – Forecast till 2023
(EMAILWIRE.COM, January 26, 2018 ) Market Scenario:
Specialty fertilizers are the fertilizers diversified to get high yield and high-quality product by providing plant nutrition for the soil. Their use increases the grower’s return, helps meet the market demand for quality crops, and enables higher margins than those normally achieved with high-volume fertilizers. The most commonly used specialty fertilizers include nitrogen fertilizers, phosphate fertilizers, potash fertilizers, and others. They are applicable to cereals & oilseeds, fruits & vegetables, turf & ornamentals, and others.
Specialty fertilizers are used to promote plant health and increase agriculture productivity. They have gained status globally, as they help in increasing the quantity as well as improving the quality of the produce. The continuous rising population is increasing the demand for high agricultural productivity and driving the growth of global specialty fertilizers market.
Change in farming practices and technology leading to increasing acceptance of modern farming and protected agriculture is boosting the growth of the specialty fertilizers market. Moreover, limited availability of cultivable land due to increasing soil erosion and land pollution is further boosting the need for specialty fertilizers to increase farm productivity. However, growing trend for organic foods is restraining the growth of the market. Nevertheless, the market for organic specialty fertilizers can act as an opportunity for specialty fertilizers market.
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Key Findings:
Potassium chloride is the most widely used specialty fertilizer in the U.S., Brazil, and India.
China, Russian Federation, the Netherlands, Belgium, and Saudi Arabia are the major exporters of nitrogen fertilizers
Segments:
Specialty fertilizers market is segmented on the basis of a type such as nitrogen fertilizers, phosphate fertilizers, potash fertilizers, and others. Among all, the potash fertilizers segment is holding the major market share. Moreover, in potash fertilizers, potassium chloride is dominating the market. However, the nitrogen fertilizers segment is experiencing a decent growth over the forecast period.
Based on the crop type, the specialty fertilizers market is segmented into cereals & oilseeds, fruits & vegetables, turf & ornamentals, and others. Among all, the turf & ornamentals segment is witnessed to be dominating the specialty fertilizers market. However, the cereal and oilseeds segment is expanding at a high rate during the given period of time.
Regional Analysis:
The global specialty fertilizers market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific dominates the market and is projected to continue growing over the estimated period. India and China, two of the largest countries in terms of population are majorly contributing to the growth of specialty fertilizers market in this region. China is holding the major share in specialty fertilizers market followed by India in Asia Pacific.
North America is the second largest consumer of specialty fertilizers. However, stringent environmental regulations in the developed economies of North America and Europe are expected to restrain the market growth in these regions. In rest of the world, South America is dominating the market.
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Key Players:
Some of the key players profiled in the global Specialty fertilizers market are Mosaic Company (U.S.), Agrium Inc. (Canada), Yara International (Norway), Haifa Chemicals (Israel), Atlantic Gold Corp (Canada), Art Wilson Co. (U.S.), Eurochem (Switzerland)
Specialty fertilizers are the fertilizers diversified to get high yield and high-quality product by providing plant nutrition for the soil. Their use increases the grower’s return, helps meet the market demand for quality crops, and enables higher margins than those normally achieved with high-volume fertilizers. The most commonly used specialty fertilizers include nitrogen fertilizers, phosphate fertilizers, potash fertilizers, and others. They are applicable to cereals & oilseeds, fruits & vegetables, turf & ornamentals, and others.
Specialty fertilizers are used to promote plant health and increase agriculture productivity. They have gained status globally, as they help in increasing the quantity as well as improving the quality of the produce. The continuous rising population is increasing the demand for high agricultural productivity and driving the growth of global specialty fertilizers market.
Change in farming practices and technology leading to increasing acceptance of modern farming and protected agriculture is boosting the growth of the specialty fertilizers market. Moreover, limited availability of cultivable land due to increasing soil erosion and land pollution is further boosting the need for specialty fertilizers to increase farm productivity. However, growing trend for organic foods is restraining the growth of the market. Nevertheless, the market for organic specialty fertilizers can act as an opportunity for specialty fertilizers market.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5276
Key Findings:
Potassium chloride is the most widely used specialty fertilizer in the U.S., Brazil, and India.
China, Russian Federation, the Netherlands, Belgium, and Saudi Arabia are the major exporters of nitrogen fertilizers
Segments:
Specialty fertilizers market is segmented on the basis of a type such as nitrogen fertilizers, phosphate fertilizers, potash fertilizers, and others. Among all, the potash fertilizers segment is holding the major market share. Moreover, in potash fertilizers, potassium chloride is dominating the market. However, the nitrogen fertilizers segment is experiencing a decent growth over the forecast period.
Based on the crop type, the specialty fertilizers market is segmented into cereals & oilseeds, fruits & vegetables, turf & ornamentals, and others. Among all, the turf & ornamentals segment is witnessed to be dominating the specialty fertilizers market. However, the cereal and oilseeds segment is expanding at a high rate during the given period of time.
Regional Analysis:
The global specialty fertilizers market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific dominates the market and is projected to continue growing over the estimated period. India and China, two of the largest countries in terms of population are majorly contributing to the growth of specialty fertilizers market in this region. China is holding the major share in specialty fertilizers market followed by India in Asia Pacific.
North America is the second largest consumer of specialty fertilizers. However, stringent environmental regulations in the developed economies of North America and Europe are expected to restrain the market growth in these regions. In rest of the world, South America is dominating the market.
Access Report Details @ https://www.marketresearchfuture.com/reports/specialty-fertilizers-market-5276
Key Players:
Some of the key players profiled in the global Specialty fertilizers market are Mosaic Company (U.S.), Agrium Inc. (Canada), Yara International (Norway), Haifa Chemicals (Israel), Atlantic Gold Corp (Canada), Art Wilson Co. (U.S.), Eurochem (Switzerland)
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Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results