Comunicati Stampa
Agricoltura

Vietnam Complex NPK Fertilizer Market Blooms: $2.7 Billion Harvest by 2027 Fueled by Growth & Sustainability: Ken Research

Beyond simply providing essential nutrients for crops, complex NPK fertilizers play a crucial role in enhancing agricultural productivity, ensuring food security, and supporting the livelihoods of millions of Vietnamese farmers. In 2022, the market reached a size of $2.0 billion, and it's on track for robust growth, fueled by:  Beyond simply providing essential nutrients for crops, complex NPK fertilizers play a crucial role in enhancing agricultural productivity, ensuring food security, and...
India, (informazione.it - comunicati stampa - agricoltura)

Beyond simply providing essential nutrients for crops, complex NPK fertilizers play a crucial role in enhancing agricultural productivity, ensuring food security, and supporting the livelihoods of millions of Vietnamese farmers. In 2022, the market reached a size of , and it's on track for robust growth, fueled by: 

 

The report dives into the various segments of the Vietnamese complex NPK fertilizer market, offering a comprehensive view: 

 

The market features a mix of established local players, regional leaders, and multinational corporations: 

 

Despite the promising outlook, some challenges need to be addressed: 

 

The Vietnamese complex NPK fertilizer market is poised for continued growth, driven by several exciting factors: 

 

This report offers valuable insights for various stakeholders in the Vietnamese complex NPK fertilizer market, including: 

 

Vietnam's complex NPK fertilizer market stands on the cusp of a transformative journey, promising to nourish growth, cultivate sustainability, and empower millions of farmers. By overcoming challenges like raw material price volatility and limited knowledge, the sector can unlock its full potential and ensure food security for a growing nation. Through collaborative efforts, a commitment to sustainable practices, and a focus on farmer education, the Vietnamese complex NPK fertilizer market can truly bloom into a vibrant ecosystem that nourishes the land, enriches lives, and secures a bountiful future for all. 

The US Bio-stimulants market is expected to grow at a CAGR of 13% from 2022 to 2029 with increasing demand for sustainable agriculture, an upsurge in the demand for seaweed as raw material, high agriculture production worldwide, and others. The US Bio-stimulants market is growing at a significant rate despite all the challenges.

According to Ken Research estimates, the Australia Crop Protection Market is forecasted to grow at a CAGR of ~% in the period of 2022-2027F, owing to the increase in demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers. Crops, like wheat, barley, sugarcane, canola, cotton, vegetables, and fruits, are largely grown in Australia and are major users of pesticides.

According to Ken Research estimates, the Oman Crop Protection Market which grew at a CAGR of ~% from 2017-2022 & is forecasted to grow at a CAGR of ~% from 2023-2027F owing to government regulations, ban on usage of synthetic pesticide & increasing demand for agricultural productivity. Advent of new agricultural technologies & increasing population growth rate with rise in calorie intake per capita has not only fuelled the overall demand for food grains but has also resulted in an increase in the demand for agricultural pesticides.

According to Ken Research estimates, the Nigeria Crop Protection Market – which grew from approximately USD ~ Bn in 2017 to approximately USD ~ Bn in 2022 – is forecasted to grow further into a USD ~ Bn opportunity by 2027F, owing to more natural resources in the country and the high agronomic knowledge on tropical conditions.

Ken Research Private Limited 
Ankur Gupta , Director Strategy and Growth
+91-9015378249

Logo: https://mma.prnewswire.com/media/1954972/3782349/Ken_Research_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/vietnam-complex-npk-fertilizer-market-blooms-2-7-billion-harvest-by-2027-fueled-by-growth--sustainability-ken-research-302064915.html

Ufficio Stampa
 PR Newswire (Leggi tutti i comunicati)
209 - 215 Blackfriars Road
LONDON United Kingdom
Allegati
Non disponibili