SECONDARY MACRONUTRIENTS MARKET 2019 Industry Survey, Growth, Competitive Landscape and Forecasts to 2024
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SECONDARY MACRONUTRIENTS MARKET 2019 Secondary Macronutrients Market 2019: Industry Survey, Growth, Competitive Landscape and Forecasts to 2024
Global Secondary Macronutrients Market is expected to register a CAGR of 3.9% from 2019 to 2024 and reach USD 41.45 billion by the end of 2024. Secondary macronutrients are nutrients that are required by plants for their proper growth and development. The need of increasing per hectare agricultural yield, coupled with the growing demand for crops such as vegetables and fruits which are high in value, are the major factors expected to fuel the growth of the global market. Secondary macronutrients are required in a lesser quantity than primary nutrients but are equally important for growing healthy plants. Secondary macronutrients like calcium are essential in maintaining soil pH, which helps plants in distress to absorb nutrients, thereby boosting the growth of the market. Sulfur is required by plants to use nitrogen, one of the main nutrients for plants, to its full capacity.
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SECONDARY MACRONUTRIENTS MARKET 2019
Intended Audience: •
Secondary macronutrients manufacturers
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Raw material suppliers and distributors
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Farmers and agricultural institutions
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Retailers, supermarkets, and hypermarkets
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Traders, exporters, and importers
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SECONDARY MACRONUTRIENTS MARKET 2019 Regional Analysis The market in Asia-Pacific is expected to dominate the global secondary macronutrients market and register the highest CAGR the during the forecast period as a large section of the population in this region is engaged in agriculture due to favorable climate conditions. Moreover, the need to increase agricultural food yield per unit of land to meet the growing demand for food for the rapidly increasing population in countries like India and China is expected to drive the growth of the secondary macronutrients market in this region.
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SECONDARY MACRONUTRIENTS MARKET 2019 Application & Major Players in this Research: Secondary Macronutrients Market Prominent Players:
Yara International ASA (Norway), Koch AG & Energy Solutions LLC (US) Coromandel International Limited (India) Nutrien Ltd. (Canada) Agriculture Solutions Inc (Canada) Evergrow (Egypt) Deepak Fertilizers and Petrochemicals Corporation Limited (India)
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