Mercado mundial de fertilizantes compuestos: tendencias de la industria y pronóstico hasta 2029

Análisis y tamaño del mercado de fertilizantes compuestos

Los fertilizantes son sustancias que se añaden a los cultivos para aumentar el rendimiento aportando nutrientes de los que carece el suelo. La adición de fertilizantes con frecuencia duplica o triplica el rendimiento. El principal factor que impulsa el aumento de la demanda de fertilizantes solubles en agua es la demanda cada vez mayor de productos agrícolas.

Data Bridge Market Research analiza que se espera que el mercado de fertilizantes compuestos, que se valoró en USD 8.33 mil millones en 2021, alcance el valor de USD 12.59 mil millones para 2029, con una CAGR del 5,30% durante el período de pronóstico. Además de la información sobre escenarios de mercado como el valor de mercado, la tasa de crecimiento, la segmentación, la cobertura geográfica y los principales actores, los informes de mercado seleccionados por Data Bridge Market Research también incluyen un análisis experto en profundidad, producción y capacidad por empresa representada geográficamente, diseños de red de distribuidores y socios, análisis detallado y actualizado de tendencias de precios y análisis de déficit de la cadena de suministro y la demanda.

Alcance y segmentación del mercado de fertilizantes compuestos

Definición de mercado

A compound fertilizer consists of two or more essential plant nutrients. Compound fertilizers are available in organic and inorganic forms. Secondary nutrients such as sulphur, calcium, and magnesium are also present in compound fertilizers, as are trace elements such as boron, copper, and cobalt. Plants require these to complete their life cycles. Plants need three essential nutrients: phosphorus, potassium, and nitrogen. Granular and liquid compound fertilizers are both available. Compound fertilizers contain varying amounts of two or three micronutrients extremely beneficial to plants.

Global Compound Fertilizer Market Dynamics

Drivers

• Growing awareness and knowledge on agricultural profiles

Rising farmer knowledge of soil profile and nutritional balance, the growing popularity of commercial agriculture around the world, low-cost fertilizer production, and increasing demand for agrochemicals are some of the factors expected to drive the compound fertilizer market. Furthermore, the need to increase productivity and level yield and fertilizer intensity gaps across countries will dampen the market's growth rate.

• A shift towards more protected and precise farming techniques

Another factor driving the compound fertilisers market is increased crop nutrition demand and awareness of the role of nutrients in early plant growth. To meet rising food demand on limited arable land, farmers and growing communities around the world are shifting toward more protected and precise farming. Compound fertilisers have emerged as a key material for promoting plant growth from the beginning. The development of novel formulations capable of precisely balancing seedling nutrition requirements promotes the use of compound fertilisers.

Opportunities

• Growing awareness

Rapid urbanization and a change in the dietary patterns of the consumer is augmenting market growth. Furthermore, increasing awareness among farmers about the benefits of using compound fertilizers and a rise in technological advancements in the agricultural industry further cushion market growth.

• Farming standards

Growing farming standards in the developing regions will further provide ample opportunities to the compound fertilizers market.

Restraints

• Inappropriate uses

The primary restraint on the compound fertilizers market is the limited use of compound fertilisers in crop production. During the forecast period, however, inappropriate use of these chemicals and incorrect nutrient composition selection will be a challenge in the compound fertilizers market.

This compound fertilizer market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the compound fertilizer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Compound Fertilizer Market

Compound fertilizer is widely used in the production of vegetables, fruits, wine, and crops that require extensive crop care such as seed treatment, soil management, crop protection, and other services. However, as a result of the pandemic, production in these sectors is being hampered by issues such as late crop care and pesticide product deliveries, trade and delivery issues, and others. The entire world has gone into lockdown as a result of the COVID-19 Pandemic, resulting in the closure of restaurants and grocery stores and a decrease in demand for fresh produce products, affecting producers and suppliers. Agricultural organizations such as the Indian Council of Agricultural Research (ICAR) have issued guidelines for farmers to follow during the lockdown period in order to harvest specific crops that will gradually increase in demand in the coming years.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• in May 2021, CHS Inc. announced plans for a major renovation and expansion project at its grain export terminal in Myrtle Grove, Louisiana. The $73 million investment will improve storage and handling, increasing market access for farmer-owners and allowing the terminal to move 30% more bushels of grain to global customers each year.

• In March 2019, CHS Inc. acquired West Central Distribution LLC, a wholesale distributor of agronomy products based in Willmar with 30 locations.

Global Compound Fertilizer Market Scope

The compound fertilizer market is segmented on the basis of product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product type

• Two-element Compound Fertilizer
• Three-element Compound Fertilizer

Application

• Rice
• Wheat
• Corn
• Fruit Trees
• Vegetables
• Tobacco
• Others

Compound Fertilizer Market Regional Analysis/Insights

The compound fertilizer market is analyzed and market size insights and trends are provided by country, product type and application as referenced above.

The countries covered in the compound fertilizer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The Asia-Pacific region dominates the compound fertiliser market and will continue to do so during the forecast period due to rising demand for agrochemicals, particularly in developing economies, to prevent and control serious plant diseases. The Asia-Pacific region is making significant gains as a result of the rapid adoption of innovative and advanced agricultural solutions to combat crop diseases.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Compound Fertilizer Market Share Analysis

El panorama competitivo del mercado de fertilizantes compuestos proporciona detalles por competidor. Los detalles incluidos son una descripción general de la empresa, las finanzas de la empresa, los ingresos generados, el potencial de mercado, la inversión en investigación y desarrollo, las nuevas iniciativas de mercado, la presencia global, los sitios e instalaciones de producción, las capacidades de producción, las fortalezas y debilidades de la empresa, el lanzamiento de productos, la amplitud y variedad de productos, el dominio de las aplicaciones. Los puntos de datos anteriores proporcionados solo están relacionados con el enfoque de las empresas en relación con el mercado de fertilizantes compuestos.

Algunos de los principales actores que operan en el mercado de fertilizantes compuestos son:

• Bayer AG (Alemania)
• BASF SE (Alemania)
• Yara (Noruega)
• Compass Minerals (Estados Unidos)
• Syngenta Crop Protection AG (Suiza)
• ADAMA (Israel)
• Sumitomo Chemicals Co. Ltd. (Japón)
• Nufarm (Australia)
• UPL (India)
• K+S Aktiengesellschaft (Alemania)
• ICL (Israel)

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