Global Fish Emulsion Fertilizers Market, By Form (Dry and Liquid), Crop Type (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, and Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Fish Emulsion Fertilizers Market
Data Bridge Market Research analyses that the fish emulsion fertilizers market will project a compound annual growth rate (CAGR) of 4.50% during the forecast period of 2021-2028. Growing demand to control various crop related diseases, rising demand for new and mechanized techniques for farming or agriculture especially in the developing countries, rapidly changing climatic condition that leads to various crop diseases, rising integration of advanced technology with the agricultural equipment and increasing industry competitiveness are the major factors attributable to the growth of fish emulsion fertilizers market. This means that the fish emulsion fertilizers market value, which was USD 0.79 billion in 2020 will climb up to USD 1.12 billion by the year 2028.
Fish emulsion fertilizers are the fertilizers that are produced by the fluid remains of fish processed for fish oil and fish meal. Fish emulsion fertilizers are widely used by the farmers as alternatives to toxic chemical fertilizers. Fish emulsion fertilizers provide an NPK ratio of 4-1-1 and induces a quick nitrogen boost.
Growing prevalence of bacterial and viral infections and other crop related diseases, growing demand for organic products by the farmers, ease in availability of organic waste, rising production of cereals and food grains, growing demand for fruits and vegetables and increased focus on the research and development proficiencies will emerge as the major factors fostering the growth of the market. Also, growing demand for effective and efficient crop protection tools to improve the crop productivity is another important factor fostering the growth of the market. Growth in the demand for fruit and vegetable food items, supportive government policies, increased consumption of organic food and rising globalization will further create lucrative and remunerative growth opportunities for the market.
However, high cost associated with organic fertilizers is a major factor that will pose a major challenge to the growth of the market. Also, stringent regulations imposed by the government on the use of agrochemicals and volatility in the prices of raw materials will further slowdown the market growth rate.
This fish emulsion fertilizers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 fish emulsion fertilizers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fish Emulsion Fertilizers Market Scope and Market Size
The global fish emulsion fertilizers market is segmented on the basis of form and crop type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the fish emulsion fertilizers market is segmented into dry and liquid.
- On the basis of crop type, the fish emulsion fertilizers market is segmented into fruits and vegetables, cereals and grains, pulses and oilseeds, and others. Fruits and vegetables segment is sub-segmented into citrus fruits, cucurbits, leafy vegetables and others. Others segment is further bifurcated into apples, berries, and stone fruits. Cereals and grains segment is sub-segmented into corn, wheat, rice and others. Others segment is further bifurcated into barley, sorghum, and oats. Pulses and oilseeds segment is sub-segmented into soybean, cotton and others. Others segment is further bifurcated into lentils and alfalfa.
Fish Emulsion Fertilizers Market Country Level Analysis
The global fish emulsion fertilizers market is analyses and market size, volume information is provided by country by form and crop type as referenced above.
The countries covered in the fish emulsion fertilizers market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the fish emulsion fertilizers market and will continue to flourish its dominance during the forecast period owing to the rising land under agricultural domain and rise in demand for quality crops. Asia-Pacific region will score the highest CAGR during the forecast period. Growing consumption of organic food items, increasing personal disposable income, advancements in the communication technology that have enabled people to become aware and surge in the expenditure for research and development proficiencies are some other important factors fostering the growth of this region.
The country section of the fish emulsion fertilizers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Fish Emulsion Fertilizers Market Share Analysis
The global fish emulsion fertilizers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fish emulsion fertilizers market.
The major players covered in the fish emulsion fertilizers market report are Tata Chemicals Ltd., BASF SE, DuPont., Dow, Hanfeng Evergreen., LUXI GROUP, EcoChem., Yara, UPL, Syngenta Crop Protection AG, LANXESS, FMC Corporation, ADAMA., The Scotts Company LLC., Coromandel International Limited, National Fertilizers Limited, KRIBHCO., Italpollina S.p.A., ILSA S.p.A., and Agrocare Canada among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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