Specialty Fertilizer Trends and Forecast
The future of the global specialty fertilizer market looks promising with opportunities in the soil, foliar, and fertigation markets. The global specialty fertilizer market is expected to reach an estimated $38.83 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are growing environmental concerns, supportive governmental policies and regulations, and convenient application and user-friendly usage of specialized fertilizers.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Specialty Fertilizer by Segment
The study includes a forecast for the global specialty fertilizer by type, crop type, application, and region.
Specialty Fertilizer Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Controlled-Release Fertilizers
• Water-Soluble Fertilizers
• Agricultural Micronutrient
• Customized Fertilizers
Specialty Fertilizer Market by Crop Type [Shipment Analysis by Value from 2018 to 2030]:
• Row Crops
• Fruits & Vegetables
• Turf & Ornamentals
• Others
Specialty Fertilizer Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Soil
• Foliar
• Fertigation
Specialty Fertilizer Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Specialty Fertilizer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies specialty fertilizer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the specialty fertilizer companies profiled in this report include-
• Nutrien
• Yara
• ICL
• The Mosaic Company
• CF Industries and Holdings
Specialty Fertilizer Market Insights
Specialty Fertilizer Market Insights
Lucintel forecasts that water-soluble fertilizer will remain the largest segment over the forecast period as it is easy available and affordable.
Within this market, fertigation will remain the largest segment due to increasing investments in development of high capacity irrigation system.
APAC is expected to witness highest growth over the forecast period due to growing awareness towards sustainable cultivation and presence of most extensive agricultural industry in the region.
Features of the Global Specialty Fertilizer Market
Market Size Estimates: Specialty fertilizer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Specialty fertilizer market size by type, crop type, application, and region in terms of value ($B).
Regional Analysis: Specialty fertilizer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, crop types, applications, and regions for the specialty fertilizer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the specialty fertilizer market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the specialty fertilizer market size?
Answer: The global specialty fertilizer market is expected to reach an estimated $38.83 billion by 2030.
Q2. What is the growth forecast for specialty fertilizer market?
Answer: The global specialty fertilizer market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the specialty fertilizer market?
Answer: The major drivers for this market are growing environmental concerns, supportive governmental policies and regulations and convenient application and user-friendly usage of specialized fertilizers.
Q4. What are the major segments for specialty fertilizer market?
Answer: The future of the specialty fertilizer market looks promising with opportunities in the soil, foliar, and fertigation markets.
Q5. Who are the key specialty fertilizer market companies?
Answer: Some of the key specialty fertilizer companies are as follows:
• Nutrien
• Yara
• ICL
• The Mosaic Company
• CF Industries and Holdings
Q6. Which specialty fertilizer market segment will be the largest in future?
Answer: Lucintel forecasts that water-soluble fertilizer will remain the largest segment over the forecast period as it is easy available and affordable.
Q7. In specialty fertilizer market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing awareness towards sustainable cultivation and presence of most extensive agricultural industry in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the specialty fertilizer market by type (controlled-release fertilizer, water-soluble fertilizer, agricultural micronutrient, and customized fertilizer), crop type (row crops, fruits & vegetables, turf & ornamentals, and others), application (soil, foliar, and fertigation), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Specialty Fertilizer Market, Specialty Fertilizer Market Size, Specialty Fertilizer Market Growth, Specialty Fertilizer Market Analysis, Specialty Fertilizer Market Report, Specialty Fertilizer Market Share, Specialty Fertilizer Market Trends, Specialty Fertilizer Market Forecast, Specialty Fertilizer Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.