736 , Shakti Khund III , New Delhi
+1778-732-2562

Global Specialty Fertilizers Market By Type(Potassium Sulfate, Potassium Nitrate, Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Others), By Application (Foliar, Soil, Others), By Region–Forecast & Opportunities to 2026

The global specialty fertilizers market accounted for a value of USD 47.3 and it is projected to grow at a CAGR of 5.8% during the forecast period.

COVID-19 has impacted growth of several industries around the globe. The specialty fertilizers market is estimated to have minimal impact due to this global pandemic. The travel restrictions, transportation barriers and lockdown have disrupted the supply chain of this market. The operations of companies are running smoothly during this lockdown in many regions as government has provided some relaxation to these industries although there is some delays in import of fertilizers from different regions majorly in south Asian region due to nationwide lockdown in certain countries. The delay in supply has contributed to loss but this temporary and specialty fertilizers market is likely to witness growth during forecast period.

Definition:

Specialty fertilizers can be defined as fertilizers which gives higher yield and high quality product by providing plant nutrition. The use of specialty fertilizers tends to increase in user’s return. It gives higher margins and helps in meeting quality product demand. Nitrogen fertilizers, potash fertilizers and phosphate fertilizers etc are specialty fertilizers used for growing cereals, oilseeds, turf & ornamentals, fruits and vegetables.

Market Dynamics (Drivers/Opportunities):

The population across the globe is rising rapidly and the food requirements and consumption is also increasing worldwide. To meet the food demands, farmers are adopting specialty fertilizers. This is driving growth in specialty fertilizers market.

The nutrient loses impacts the market immensely. Such loose of nutrients into water leads to eutrophication on water body’s surfaces and ruin the ecosystem. The specialty fertilizers help in regaining nutrients in soil and supply nutrients to the plants on regular basis. Thus, farmers use these fertilizers immensely worldwide.

The specialty fertilizer helps in supply the nutrients to crops. They are more beneficial than normal fertilizers as they prevent toxification of soil caused due to over use of fertilizers. The adoption of precision farming methods are increasing worldwide which driving growth in specialty fertilizers market during forecast period.

Market Insights, by Crop Type

On the basis of crop type, the specialty fertilizers market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, turf & ornamental and others. The fruits & vegetables segment is projected to register growth at highest CAGR during the forecast period. The consumption of fruits has been increasing immensely. China is considered as the largest fruits and vegetables producers among the world.  The increase crop plantation area is increasing due to rise in fruits & vegetables exports and ultimately the production level of fruits and vegetables have increased worldwide.

Market Insights, by Type

On the basis of type, the specialty fertilizers market is segmented into CAN, MAP, UAN, potassium sulfate and potassium nitrate. The urea-ammonium nitrate (UAN) segment is expected to hold highest market share during the forecast period. It is an excellent irrigation fertilizer for plant cultivation and production of cereals. It is used in plowing the fields for improving its degradation. UAN is a source of nitrogen for nutrition of plants and it is mixed with protective agents in the irrigation water for plant cultivation irrigation. Thus, drives growth for this segment during forecast period.

Market Insights, by Application

On the basis of application, the specialty fertilizers market is segmented into foliar, soil and fertigation. The fertigation application segment is estimated to dominate the market share during the forecast period. It is helpful in minimizing the environmental pollution and maximizing the yield. This method helps farmers in uniform application of nutrients in the field. There are numerous advantages of fertigation such as it requires less time, water, less energy and less labor. It is reliable and efficient. Thus, the adoption of this method is increasing around the world which is further driving growth in this segment.

Regional Insights

Asia-Pacific region is estimated to register growth at highest CAGR during the forecast period. The agriculture sector is growing immensely and requiring high quality of products and equipments for farming. Asia is the largest producer of rice, sugar beet, fruits, cereals, grains and vegetables which requires fertilizers to provide nutrients to crops. Due to advancement in technology highly precision farming products utilization is increasing. Thus, drives growth in Asia-Pacific region.

Key Companies & Market Share Insights

The key market players in specialty fertilizers market are Yara International, Israel Chemical Ltd., the Mosaic Company, Nutrien Ltd., Aktiengesellschaft, OCP Group, OCI Nitrogen, Wilbur-Ellis, Kugler, Haifa Group, EuroChem Group, CF industries Holdings, COMPO Expert GmbH, Agro Liquid and Plant Food Company and Coromandel International.

Segments Covered in the Report

This report forecasts The Global Specialty Fertilizers Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global specialty fertilizers market report on the basis of crop type, type, and application.

Specialty Fertilizers Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Specialty Fertilizers Market, By Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • CAN
  • MAP
  • UAN
  • Potassium Sulfate
  • Potassium Nitrate
  1. Specialty Fertilizers Market, By Crop Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Turf & Ornamental
  • Others
  1. Specialty Fertilizers Market, By Application, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Foliar
  • Soil
  • Fertigation
  1. Specialty FertilizersMarket, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Type
    • By Crop Type
    • By Application
    • By Country
      • USA
        • By Application
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Type
      • By Crop Type
      • By Application
      • By Country
        • Brazil
          • By Application
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Type
        • By Crop Type
        • By Application
        • By Country
          • UK
            • By Application
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Type
          • By Crop Type
          • By Application
          • By Country
            • China
              • By Application
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Type
            • By Crop Type
            • By Application
            • By Country
              • Saudi Arabia
                • By Application
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • Coromandel International.
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • Yara International
    • Israel Chemical Ltd.
    • The Mosaic Company
    • Nutrien Ltd.
    • Aktiengesellschaft
    • OCP Group
    • OCI Nitrogen
    • Wilbur-Ellis
    • Kugler
    • Haifa Group
    • EuroChem Group
    • CF industries Holdings
    • COMPO Expert GmbH
    • Agro Liquid
    • Plant Food Company
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

Please share your details to receive a sample copy of the report

Single User : $3750
Multi User : $6100
Buy Now

 

Why Choose Us

  • 24*7 Post Sales Support
  • Speak to Analyst for Presentations
  • 15% Free Customization
  • Global, Regional & Country level reports
  • Special Discounts for Startups & Educational Institutions

Questions ?

  • What is 15% Free Customization?
  • What is Report Subscription?
  • What is the Delivery Time of the Report?

What You Get

Data Excel Sheets

Report in PDF

Report Subscription

Analyst Support

What's Included

Market Intelligence

Competitive Intelligence

Opportunities and Challenges

Strategic Recommendations