The crop micronutrients market is evaluated at US$5.683 billion for the year 2019 growing at a CAGR of 7.61% reaching the market size of US$8.823 billion by the year 2025. Micronutrients are essential nutrients that are essential for the growth as well as for metabolic activities of plants. Micronutrients help to improve the taste, quality, and color of the plants or crops. These also enhance the efficiency of the fertilizers and help in the reduction of water use. Micronutrients help in Read more...
The fertilizer market is evaluated at US$206.392 billion for the year 2019 growing at a CAGR of 1.98% reaching the market size of US$232.221 billion by the year 2025. A fertilizer is a type of material that is primarily applied to soil or the tissues of plants or crops with an aim to supply the necessary nutrients that are essential for the growth of plants. The nutrient capacity of the soil decreases after every harvest which is replenished by using fertilizers. The primary factors that Read more...
The global agricultural microbial market is expected to grow at a CAGR of 13.07% over the forecast period to reach a total market size of US$8,269.146 million by 2025, increasing from US$3,956.654 million in 2019. Microbes live in the soil and have a close association with plants and together they form microbiomel. Microbes include bacteria, fungi, viruses, and protists among others. They can boost the growth of the plant by improving access to supplements. Many microbes are beneficial s Read more...
The silicon fertilizer market is expected to surge with a CAGR of 4.37% to achieve a market size of US$1,327.992 million by 2025, from US$1,027.405 million in 2019. The use of silica is essential in plant growth because the introduction of silicon fertilizer in plants assists in improving the plant’s resistance against abiotic stress conditions. Hence, with the growing impact of climate change worldwide, the market is expected to propel in the forecast period, thus increasing the c Read more...
The global NPK Fertilizers market is anticipated to grow at a CAGR of 5.86% during the forecast period, to reach a total market size of US$18,377.879 million in 2024 from US$13,058.824 million in 2018. Fertilizer is any organic or inorganic material that is applied to plant or soil to provide the essential and necessary nutrients that it lacks for the essential and efficient growth of the plant. Fertilizers are generally categorized as single nutrient or multi-nutrient depending on the compos Read more...
The global Tetrakis phosphonium sulphate market is estimated to grow at a CAGR of 3.79% to reach a market size of US$ 312.469 million by 2024, from US$249.975 million in 2018.Tetrakis Phosphonium Sulphate is also known as Tetrakis(hydroxymethyl) phosphonium sulphate is a clear colorless compound that has many uses such as flame retardant, biocides, tanning agent. The demand for Tetrakis phosphonium sulphate is primarily driven by industries such as oil and gas, textile and water treatment. Mo Read more...
The animal parasiticides market was valued at US$9.562 billion in 2018 and is anticipated to grow at a CAGR of 5.48% to reach a market size of US$13.172 billion by 2024. The market is expected to witness lucrative growth due to the significant increase in the expenditure on animal health along with the rising adoption of pets. Increasing awareness about the animal transmitted disease and rising initiatives by the government and animal welfare association works as the driving force for the gro Read more...
The biorationals market is expected to reach $5,284.245 million by 2024 from $2,586.093 million in 2018 growing at a CAGR of 12.65%. Growing global population is putting pressure on limited arable land available for which farmers are adopting advanced agricultural solutions. Harmful impact of agrochemicals is encouraging companies to deliver sustainable solutions across the agricultural sector. As a result, the demand for biorationals is rising to maximize quality, productivity, and sustainab Read more...
Agricultural adjuvants help in enhancing the efficiency of pesticides and thereby increases the yield and productivity of crops. Agricultural adjuvants include fertilizers, oils, ammonium, and surfactants. The global agricultural adjuvants market is projected to witness a compound annual growth rate of 5.52% during the forecast period to reach a market size of US$4.046 billion by 2025, increasing from US$3.655 billion in 2019. Growing population coupled with rapid urbanization as well as moun Read more...
The water soluble fertilizers market is anticipated to grow at a CAGR of 5.15% during the period 2018-2024. Water-soluble fertilizers are essentially used to accelerate the growth of crops and uphold the overall health of the plants thereby enhancing productivity. The growing demand for food products owing to the ever-growing population, increasing spending power and urbanizing society in developing nations, drive the need to enhance farm productivity. As per an FAO report, feeding a wor Read more...
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