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Showing posts with the label Fertilizer Industry

Fertilizer Industry Is Estimated To Move Ahead At A Cagr Of – 1.2% During 2022 To 2030

  Fertilizer Industry to Gain Momentum from Buoyant Demand for Nitrogen Fertilizer: Grand View Research, Inc. San Francisco, Feb 07, 2023:  The fertilizer industry size was valued at USD 200 billion in 2021 and will witness a noticeable CAGR on the back of rising concerns for food safety and climate variability, according to the “ Global Fertilizer Industry Data Book, 2022 – 2030 ”, published by Grand View Research. Soaring demand to boost agriculture productivity has driven the market growth. The need for phosphate, nitrogen, potash and foliar to further the production of crops for fuel, fiber, feed and food has encouraged leading players to tap into the global landscape. Moreover, the prevailing geopolitical tensions have given rise to supply restrictions and reduced fertilizer availability. The Ukraine war, restrictive trade policies and rising energy prices have disrupted the fertilizer supply chain.  Surging global demand for fertilizers and soaring production of fie...

Fertilizer Industry Worth A USD 200 Billion By 2021

Fertilizer Industry Data Book Covers Nitrogenous, Potassic, Phosphatic, Foliar, Water-soluble & Biofertilizers Market, And Fertilizer Additives Markets. The economic value generated by the fertilizer industry was estimated at approximately USD 200 billion in 2021 and is expected to expand at compounded annual growth rate (CAGR) of – 1.2% from 2022 to 2030. Access the Global Fertilizer Industry Data Book, 2022 to 2030 , compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies Nitrogenous Fertilizer Market Report Highlights The global nitrogenous fertilizer market size is estimated to reach USD 94.02 billion by 2030 according to a new report by Grand View Research, Inc. ·          In 2021, urea emerged as the dominating product segment by contributing around 33% of revenu...