The recent market research analysis of “Chemical Fertilizers Market: Global Demand Analysis & Opportunity Outlook 2035” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global chemical fertilizers market in terms of market segmentation by macronutrients, product type, crop category, application and by region over the forecast period, i.e., 2023-2035.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global chemical fertilizers market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
Chemical fertilizers market to find numerous growth opportunities on the back of increasing population across the world, finds Research Nester
Get a Sample PDF Brochure: https://www.researchnester.com/sample-request-329
The global chemical fertilizers market is estimated to grow majorly on account of the rapidly growing agriculture sector. According to the U.S. Economic Research Service (Economic Studies), the agricultural, food, and related services sector contributed nearly USD 1 trillion to the Gross Domestic Product (GDP) of the country, which represents about 5% of the nation's economic output in 2020. Approximately 0.6% of this amount was contributed by US agriculture. Moreover, the rising consumption of nitrogenous fertilizers, rapid urbanization, and growing demand for healthy food across the world are projected to drive
The global chemical fertilizers market is segmented on the basis of product type into complex fertilizers, DAP, MOP, urea, SSP, and others. The urea segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. There has been an increase in the consumption of urea in the agricultural sector which is projected to drive segment growth over the forecast period. A total of 290 LMT of urea are consumed by India every year, accounting for approximately 54 to 61% of the country's chemical fertilizer consumption. In agriculture, urea is extensively used as a fertilizer and as an animal feed additive. In order for plants to look lush and green, urea fertilizer is primarily used to supply nitrogen.
Request for customization @ https://www.researchnester.com/customized-reports-329
By region, the Asia Pacific chemical fertilizers market is to generate the highest revenue by the end of 2033. This growth is anticipated by surge in exports of agricultural and processed food products in the region. Indian agricultural and processed food exports in the first quarter of FY 2022-2023 increased by 13% over the same period last year. Moreover, the growth of farming activities, the production of vegetables and cereals, as well as the demand for organic food in the region anticipated to largely drive the growth of the chemical fertilizers market in Asia Pacific.
The research is global in nature and covers detailed analysis on the chemical fertilizers market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global chemical fertilizers market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Obtain this Report @ https://www.researchnester.com/reports/chemical-fertilizers-market/329
This report also provides the existing competitive scenario of some of the key players of the global chemical fertilizers market which includes company profiling of Potash Corp of Saskatchewan Inc., The Mosaic Company, Uralkali PJSC, Yara International ASA, JSC Belaruskali
Nutrien Ltd., CF Industries Holdings Inc., Israel Chemicals Ltd., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global chemical fertilizers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
About Us
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
Contact for more Info:
AJ Daniel
Email: [email protected]
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919