FERTILIZER MIXTURES MARKET ANALYSIS

Fertilizer Mixtures MarketSize and Trends

Market Outlook

Global fertilizer mixtures market size is expected to witness significant growth over the forecast period (2019-2027), owing to increasing demand for food across the globe. Changing eating habits, increasing population, and growing health concern is expected to boost the demand for food, subsequently driving the market growth. Furthermore, farmers are looking to provide valuable nutrients to crops, essential for their growth and yield. In fact, fertilizers mixtures help to reduce the residual acidity of plants and enhance the crop yield, which is increasing the demand for fertilizer mixtures. Moreover, fertilizer mixtures are better for application as they have a better physical condition.

However, higher cost of fertilizer mixtures as compared to straight fertilizers is expected to hinder the global fertilizer mixtures market growth. Moreover, fertilizer mixtures are not useful if crop is required only one nutrient, which is negatively affecting the market growth.