Market Size in 2020 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 20.1 Billion | USD 30.1 Billion | 5.2% | 2020 |
FrequentlyAsked Questions
Utility of fertilizer mixture minimizes storage & handling costs along with helping it in incorporating micronutrients into mixture, thereby driving market trends. In addition to this, these compounds are easy to apply and have improved physical features. Escalating population resulting in need for huge crop yield will boost industry growth. Changing food habits and lifestyle will lucratively influence market size.
According to Zion market research report, the global Fertilizer Mixtures Market accrued earnings worth approximately 20.1 (USD Billion) in 2020 and is predicted to gain revenue of about 30.1(USD Billion) by 2028, is set to record a CAGR of nearly 5.2% over the period from 2021 to 2028.
Asia Pacific will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to favorable government schemes supporting use of fertilizer mixtures. In addition to this, humungous food demand for exploding population in Asian countries will contribute majorly towards size of fertilizer mixtures industry over assessment period. Large-scale presence of major players in sub-continent will steer expansion of fertilizer mixtures market in Asia Pacific zone.
The key market participants include DAYAL GROUP, Sumitomo Chemical, H.J. Baker & Bro., Inc., Beijing Xinhefeng Agrochemical Co. Ltd., Henan Xinlianxin Fertilizer Co. Ltd., Compass Minerals, Compass Minerals, Coromandel International Limited, The Mosaic Company, Bayer CropScience AG, Agrichem do Brasil S.A., and Gujarat State Fertilizers & Chemicals Ltd.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed