Secondary agricultural nutrients Market  Size & Outlook, Scope, Outlook

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Description

Data Bridge Market Research analyses that the secondary agricultural nutrients market which was growing at a value of 45.00 billion in 2021 and is expected to reach the value of USD 63.02 billion by 2029, at a CAGR of 4.30% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.

Market Analysis and Size Report Scope and Market Segmentation

Agriculture has changed dramatically in recent years. Superior food products are becoming increasingly popular among consumers. As the majority of fertilizers are deficient in macronutrients, increased fertiliser use depletes soil of macronutrients. Macronutrients are required for plant growth and development. Macronutrients are excellent for maintaining soil pH, allowing plants to absorb all available nutrients Secondary nutrients are nutrients such as calcium (Ca), magnesium (Mg), and sulphur (S) that are used in plant cultivation, the assistance of plants in distress, and the enhancement of overall plant growth. The product’s quantity requirement is less than nitrogen, phosphorus, and potassium, but greater than micronutrients. Calcium aids in nutrient absorption from the soil, magnesium serves as an enzyme activator and promotes growth, and sulphur protects the leaves from premature ageing and yellowing.

 

Secondary Agricultural Nutrients Market Dynamics

Drivers

  • Rapidly shrinking arable lands and rising soil contamination around the world

The global market for agricultural micronutrients is being driven by shrinking arable land in major crop-producing countries and rising soil contamination worldwide. Due to excessive exposure to synthetic chemical fertilisers, soil deficiency of essential secondary nutrients such as sulphur, magnesium, and calcium is increasing demand for specially formulated nutrients for agricultural purposes.

  • Implementation of backward integration strategies to obtain high-end products  

The adoption of a backward integration strategy by key global food processing companies to obtain high-quality products and the rapid acceptance of contract farming, in which companies provide significant agricultural inputs, are expected to be major growth drivers for the agricultural secondary nutrients market.

Opportunity

Firms in the target industry focus on business growth through strategies such as advanced product launches, capacity expansion, and heavy production investments in their facilities, which are expected to flourish soon as the global chain-saw market grows. Furthermore, site-specific nutrient management with precision agriculture, increased demand for industrial crops, and investment in agricultural operations in developing countries provide profitable opportunities to market participants.

Restraints

On the other hand, the rising prevalence of forged products and the market’s limited availability of nutrients are expected to impede market growth. The growing shift in regulatory frameworks toward environmentally friendly agricultural practises and a lack of product awareness are expected to pose challenges to the secondary agricultural nutrients market during the forecast period.

This secondary agricultural nutrients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the secondary agricultural nutrients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

 

Global Secondary Agricultural Nutrients Market Scope

 

The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Nutrient type

  • Sulphur
  • Calcium
  • Magnesium

Application method

  • Solid
  • Liquid

Crop type

  • Cereals and Grains
  • Oilseeds and Pulses
  • Fruits and Vegetables
  • Turfs and Ornamentals
  • Others

 

Secondary Agricultural Nutrients Market Regional Analysis

The countries covered in the secondary agricultural nutrients market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The market in North America is expected to grow significantly in the coming years. This is due to gradually declining arable land in countries such as the United States and Mexico, which is increasing demand for specialised products. Rising awareness and adoption of crop nutrition products by farmers or growers in the region in order to produce quality crops is expected to aid the growth of the North American secondary agricultural nutrients market.

The Asia-Pacific secondary agricultural nutrients market will grow at a rapid compound annual rate. This can be attributed to the growing agriculture industry in major food-producing countries and rapidly increasing incidences of nutrient deficiency in the region’s soil. The region’s growing population and rapidly rising demand for nutrient-rich food products are expected to boost the utilisation of agricultural secondary nutrients products.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

 

Competitive Landscape and Secondary Agricultural Nutrients Market Share Analysis

 

Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to secondary agricultural nutrients market.

Some of the major players operating in the secondary agricultural nutrients market are:

  • Yara International ASA (Norway)
  • Koch AG & Energy Solutions LLC (U.S.)
  • Coromandel International Limited (India)
  • Nutrien Ltd. (Canada)
  • Agriculture Solutions Inc (Canada)
  • Evergrow (Egypt)
  • Deepak Fertilizers and Petrochemicals Corporation Limited (India)
  • Hafia Groups (Israel)
  • Sapec Agro S.A. (Portugal)
  • Kugler Company (U.S.)
  • Impact Fertilizer (Australia)
  • Calcium Products (U.S.)
  • Israel Chemicals Limited (Israel)
  • Van Iperen International B.V. (Netherlands)
  • S. AG LLC (U.S.)

 

 

Get TOC of the Report: https://www.databridgemarketresearch.com/toc/?dbmr=global-secondary-agricultural-nutrients-market

 

Major TOC of the bio detectors and accessories market Report

Chapter One:

MARKET SEGEMENTATION

EXECUTIVE SUMMARY             

PREMIUM INSIGHTS

MARKET OVERVIEW

 

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About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

 

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Data Bridge Market Research

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Email: Sopan.gedam@databridgemarketresearch.com

 

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