CONTROLLED RELEASE FERTILIZERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Takeaways from Analyst

Growing emphasis on improving fertilizer use efficiency and crop productivity can drive the market growth. Controlled release fertilizers help to deliver nutrients to plants in a gradual and sustained manner which increases nutrient uptake and reduces losses. This helps improve yield as well as reduce farmers' input costs. Asia Pacific region, led by India and China, will continue to dominate the global controlled release fertilizers market due to strong growth in agricultural production and emphasis on new technologies in these countries.

North America will be another major market propelled by rising adoption of controlled releases fertilizers in the U.S. turf and landscape segment. Rising farmer awareness about benefits of controlled release fertilizers through educational programs can drive the market growth. High crop prices remain an incentive for farmers to optimize fertilizer usage. However, higher costs compared to regular fertilizers could limit widespread adoption. Other challenges include greater technical know-how needed to handle these fertilizers and reliance on weather conditions. Coating technology innovations extending nutrient release period could help address some of these challenges.