According to a market report by Lucintel, the future of the global secondary macronutrient market looks promising with opportunities in the calcium, sulphur, and magnesium markets. The global secondary macronutrient market is expected to reach an estimated $64 billion by 2035 from $45 billion in 2027 with a CAGR of 4.3% from 2027 to 2035. The major drivers for this market are the increasing soil nutrient deficiency driving demand, the rising focus on crop yield optimization, and the growing adoption of balanced fertilization practices.
A more than 150-page report to understand trends, opportunity and
forecast in global secondary macronutrient market to 2035 by crop type (cereals
& grains, oilseeds & pulses, fruits & vegetables, and others),
nutrient (calcium, sulfur, and magnesium), form (dry and liquid), application
(liquid and solid), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
Lucintel forecasts that, within the crop type category, fruit &
vegetable is expected to witness the highest growth over the forecast period
due to rising consumer demand for fresh and nutritious produce.
Within the nutrient category, calcium will remain the largest segment
over the forecast period due to increasing demand for calcium-enriched crops.
Download sample by clicking on secondary macronutrient market.
In terms of regions, APAC is expected to witness the highest growth over
the forecast period due to expanding agricultural activities and growing food
consumption needs.
Nutrien Ltd., Yara, The Mosaic Company, Israel Chemicals Ltd., K+S
Aktiengesellschaft, Nufarm, SPIC, Koch Industries, INC., Coromandel
International Ltd, Deepak Fertilisers and Petrochemicals Corporation Ltd. are
the major suppliers in the secondary
macronutrient market.
This
unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
your growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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