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