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Complex Fertilizers Market, By Form (Solid and Liquid), By Crop Type (Cereals and Grains, Fruits and Vegetables, Oilseeds, and Others), By Product Type (Complete Complex Fertilizers, and Incomplete Complex Fertilizers), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Jul 2024
  • Code : CMI1995
  • Pages :195
  • Formats :
      Excel and PDF
  • Industry : Agrochemicals
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The complex fertilizers market is estimated to be valued at USD 38.83 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031. Complex fertilizers refer to fertilizer products containing two or more plant nutrients in definitive proportions. These multi-nutrient fertilizers are manufactured through various processing techniques to homogenously blend the nutrients together. They provide balanced nutrition to crops and aid in their overall growth and development. Complex fertilizers find wide application in agriculture due to their convenience of applying a single product containing multiple nutrients. This reduces the need for multiple applications and chances of nutrient deficiencies in soil. Going forward, the growing demand for high-value crops along with emphasis on sustainable farming practices is expected to drive the demand for complex fertilizers globally.

Market Dynamics:

The complex fertilizers market is driven by various factors such as the growing demand for high-value crops and the need to sustain soil fertility. The rising global population has increased the pressure on farmers to produce higher yields from limited farmland which is propelling the demand for efficient fertilizers like complex variants. Additionally, complex fertilizers aid in balanced nutrient supply and minimize risks of deficiencies. This convenience of a single-product application is boosting their popularity. However, factors, such as the price volatility of raw materials and environmental concerns pertaining to fertilizer run-offs could, hinder the market growth. On the other hand, the rising adoption of precision farming and the development of slow-release variants present key opportunities for complex fertilizer suppliers.

Key Features of the Study:

  • This report provides in-depth analysis of the global complex fertilizers market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global complex fertilizers market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Yara International ASA, Potash Corporation of Saskatchewan Inc., CF Industries Holdings Inc., The Mosaic Company, Israel Chemicals Limited, Eurochem Group AG, Haifa Chemicals Ltd., PJSC PhosAgro, Adventz Group, Sociedad Química y Minera de, Zuari Agro Chemicals Ltd, PhosAgro, Agrium Inc., Israel Chemicals Limited, Yara International ASA, The Mosaic Company, Helena Chemical Company, Chambal Fertilisers, Rashtriya Chemicals & Fertilizers, and Madras Fertilizers Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global complex fertilizers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global complex fertilizers market

Detailed Segmentation-

  • By Form:
    • Solid
    • Liquid
  • By Crop Type:
    • Cereals and Grains
    • Fruits and Vegetables
    • Oilseeds
    • Others
  • By Product Type:
    • Complete Complex Fertilizers
      • NPK (15-15-15)
      • NPK (12-32-16)
      • NPK (10-26-26)
      • NPKS
      • Others
    • Incomplete Complex Fertilizers
      • Monoammonium Phosphate
      • Diammonium Phosphate
      • Monopotassium Phosphate
      • Potassium Nitrate
      • NKS
      • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Yara International ASA
    • Potash Corporation of Saskatchewan Inc.
    • CF Industries Holdings Inc.
    • The Mosaic Company
    • Israel Chemicals Limited
    • Eurochem Group AG
    • Haifa Chemicals Ltd.
    • PJSC PhosAgro
    • Adventz Group
    • Sociedad Química y Minera de
    • Zuari Agro Chemicals Ltd
    • PhosAgro
    • Agrium Inc.
    • Israel Chemicals Limited
    • The Mosaic Company
    • Helena Chemical Company
    • Chambal Fertilisers
    • Rashtriya Chemicals & Fertilizers
    • Madras Fertilizers Ltd

Detailed Segmentation-

  • By Form:
    • Solid
    • Liquid
  • By Crop Type:
    • Cereals and Grains
    • Fruits and Vegetables
    • Oilseeds
    • Others
  • By Product Type:
    • Complete Complex Fertilizers
      • NPK (15-15-15)
      • NPK (12-32-16)
      • NPK (10-26-26)
      • NPKS
      • Others
    • Incomplete Complex Fertilizers
      • Monoammonium Phosphate
      • Diammonium Phosphate
      • Monopotassium Phosphate
      • Potassium Nitrate
      • NKS
      • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
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