Uploaded by Francis Greene

Fertilizer Additive Industry Size, Share, Demand & Growth by 2033

advertisement
Fertilizer Additive Industry Size, Share, Demand & Growth by 2033
The fertilizer additive market is estimated to be worth USD 1,167.62 million in 2023 and is
projected to be valued at USD 1,761.88 million in 2033. Between 2023 and 2033, the
industry is expected to register a growth rate of 4.20%.
The increasing use of fertilizer additives for crop production, the overall growth of
agricultural production worldwide, and the overall growth of the agriculture industry
worldwide contribute to the market’s development. The growing concern towards yield
enhancement has led to various formulations of fertilizers that incorporate unique fertilizer
additives to impart necessary properties as per climate, soil type, and crop type across
regions. This trend and typical usage formats significantly push the global fertilizer additive
market.
The environmental impact of traditional fertilizers, such as nutrient runoff and water
pollution, has raised concerns. Fertilizer additives can help reduce these adverse
environmental effects by optimizing nutrient release uptake and reducing nutrient loss. The
growing environmental concern driving the market demand. Fertilizer additives can improve
the efficiency of nutrient uptake by crops, reducing the amount of fertilizer required for the
same yield. This not only saves costs for farmers but also reduces the environmental impact
of excess fertilizer application.
Read Complete Report!
The growing awareness among consumers about the environmental and health impacts of
agricultural practices. This awareness has pushed producers and policymakers to seek more
sustainable and environmentally friendly solutions, expected to drive the growth of the
fertilizer additive market during the forecast period. The growing shift towards sustainable
and regenerative agricultural practices has also increased the demand for fertilizer additives.
Key Takeaways

In 2022, the fertilizer additive market was valued at US$ 1,119.05 million.

Based on product type, the anti-caking agent segment is expected to account for a
share of 54.6% in 2023.

Global fertilizer additive demand in China is predicted to account for a CAGR of
5.80% through 2033.

Fertilizer additive in the United States is expected to account for a CAGR of 2.60%
between 2023 and 2033.

Japan is projected to expand by a value CAGR of 1.70% between 2023 and 2033.

By 2033, the fertilizer additive market in India is anticipated to record a CAGR of
7.90% during the forecast period.
Weitere wertvolle Erkenntnisse verfügbar
Future Market Insights bietet eine unvoreingenommene globale Marktanalyse für
Düngemittelzusätze und stellt historische Daten von 2018 bis 2022 sowie Prognosestatistiken
zwischen 2023 und 2033 bereit.
Um die Chancen auf dem Markt für Düngemittelzusätze zu verstehen, wird der Markt nach
Produkttyp (Antibackmittel, Staubbindemittel, Trocknungsmittel, Granuliermittel, Sonstiges)
nach Anwendung (N (Stickstoff), P2O5, K2O, Sonstiges), Region (Nordamerika,
Lateinamerika, Westeuropa, Osteuropa, Südasien und Pazifik, Ostasien, Naher Osten und
Afrika) segmentiert.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and
nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
studies serve as referencing market guidelines for chemical manufacturers, research
institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a
member of the Greater New York Chamber of Commerce) offers profound insights into the
driving factors that are boosting demand in the market. FMI stands as the leading global
provider of market intelligence, advisory services, consulting, and events for the Packaging,
Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets.
With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local
expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware — 19713, USA
T: +1–845–579–5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Download