Specialty Fertilizer Market is anticipated to grow at a CAGR of 5%-7% during 2020-2025

The global specialty fertilizer market is projected to grow at a CAGR of 5%-7% during 2020-2025. The growth of specialty fertilizer market is driven by increasing crop plantation area and growing need for high-efficiency fertilizers.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the specialty fertilizer market by type (UAN, CAN, MAP, potassium sulfate, and potassium nitrate), application method (soil, foliar, and fertigation), crop type (cereals & grains (corn, wheat, rice,others), oilseeds & pulses (soyabean, canola, others), fruits & vegetables (root and tubors, citrus fruits, brassicus, other)), and region (North America, Europe, Asia Pacific, and Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the specialty fertilizer market?

Q.4 What are some changing demands of customers in the specialty fertilizer market?

Q.5 What are the new developments in the specialty fertilizer market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this specialty fertilizer area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this specialty fertilizer market?

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Market Segmentation:

Based on application, the specialty fertilizer market is segmented into soil, foliar, and fertigation. The fertigation segment accounted for the largest share of the market in 2020 as it requires less labor, time, energy, and water.

Asia Pacific is expected to be the largest region over the forecast period and it is also expected to witness the highest growth over the forecast period due to increasing agricultural practices and requirement of high quality agricultural produce and growing usage of nitrogenous fertilizers in this region.

Key Players in the specialty fertilizer market are Nutrien, Yara International, Israel Chemical, K+S Aktiengesellschaft, Sociedad Química Y Minera De Chile, The Mosaic, EuroChem, CF Industries, OCP, OCI Nitrogen.

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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/specialty-fertilizer-market.aspx  

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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