Global Fertilizer Market 2021-2026: Size, Share, Trends, Growth, Analysis, and Forecast

YELLOWSTONE NATIONAL PARK, Wyo. - Sept. 6, 2021 - PRLog -- According to the recent report by IMARC Group, titled "Fertilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global fertilizer market is exhibited moderate growth dring 2015-2020 and expected to grow at a CAGR of around 4% during 2021-2026.

Fertilizers are natural or chemical substances that are applied to soil for the productive growth of the crops. Some of the essential nutrients present in these fertilizers are nitrogen, phosphorus, and potassium. Apart from offering an improved crop yield, they also enhance the texture and fertility of the soil, replace lost nutrients, and increase water retention.

Global Fertilizer Market Trends:

The rapidly increasing global population is one of the major growth-inducing factors for the market as it has created an incessant demand for food around the globe. Apart from this, urbanization and industrialization have led to a decline in arable land. As there is a pressure on the existing arable land to produce more food, the demand for advanced fertilizers has consequently increased.

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Global Fertilizer Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

CF Industries, Haifa Group, Indian Farmers Fertiliser Co-operative Limited (IFFCO), Israel Chemicals Ltd. (ICL), Nutrien Limited, Sociedad Química y Minera (SQM), The Mosaic Company, Uralkali and Yara International.

The report has segmented the market on the basis on on region, product type, product, product form and crop type.

Breakup by Product Type:

Chemical Fertilizer
Biofertilizers

Breakup by Product:

Straight Fertilizers
Complex Fertilizers

Breakup by Product Form:

Dry
Liquid

Breakup by Crop Type:

Grains and Cereals
Pulses and Oilseeds
Fruits and Vegetables
Flowers and Ornamentals
Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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