Agricoltura
Global Fertilizer Market to Generate $323,375.0 Million and Exhibit a CAGR of 5.0% from 2021 to 2028 - Exclusive Report [225 pages] by Research Dive
The demand for food grain production is growing with the rapidly increasing global population. In addition, governments of several countries are creating awareness by conducting campaigns to promote fertilizers and educate farmers regarding the benefits of fertilizers. These factors are predicted to boost the growth of the global fertilizer market over the forecast period. Moreover, the popularity of organic fertilizers is increasing due to growing environmental concerns, which is estimated to create massive opportunities for the growth of the global market by 2028. However, fertilizers when used uncontrollably can lead to pollution by emitting harmful greenhouse gases, such as nitrous oxide which is expected to restrict the market growth in the estimated timeframe.
The adverse impact on the market growth is majorly due to the restrictions on import and export, and movement of people and goods across various countries in the world. Delays and disruptions in supply chain have also affected the market growth during the pandemic. However, many governments and companies are taking initiatives to recover from the chaotic situation.
The research report segments the global fertilizer market into type, form, application, and region.
The prominent players of the global fertilizer market include
These players are focusing on mergers, collaborations, product development, and launches to gain a competitive in the global market.
In June 2019 , EuroChem Group, the world's leading mineral fertilizer producers, opened a third new fertilizer plant in Brazil to expand its fertilizer production facility. It is one of the main fertilizer distribution businesses in the country.
They are focusing on advanced product developments and merger & acquisition. These are some of the strategies conducted by the startups as well as established business organizations.
Research Dive is a market research firm based in Pune, India . Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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