Controlled release fertilizers market is anticipated to grow at a CAGR of 6.4% during the forecast period. The global controlled release fertilizers market growth is driven by the growing demand for slow release fertilizers from the agricultural sector due to the growing population and agricultural developments. In addition, the rise in investments in sustainable and eco-friendly fertilizers from market players and adoption of smart farming products and techniques by agriculture department globally are further expected to drive the controlled-release fertilizer adoption during the forecast period. For instance, as per the U.S. Department of Agriculture (USDA), $250 million are expected to invest through a new grant program to support additional fertilizer production for American farmers by adoption of new products and techniques for crop production. Moreover, the growing demand for ornamental horticulture is another prominent aspect bringing new growth opportunities to the market. However, lack of awareness among growers and farmers about the benefits of these fertilizers hinder the market growth.
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The global controlled release fertilizers market is segmented based on type, application, and end-user. On the basis of type, the market is sub-categorized into slow release, nitrogen stabilizers, and coated and encapsulated. Among these, coated and encapsulated segment is likely to hold considerable share of the controlled release fertilizers market during the forecast period. High-value crops demand and production of fertilizer factors fostering the growth of the segment. Based on application, the market is divided into grains and cereals, pulses and oilseeds, commercial crops, fruits and vegetables, turf and ornamentals, and others. On the basis of end-user, the market is sub-categorized into agricultural and non-agricultural. The agricultural segment accounted for the largest share of controlled and slow release fertilizers and is also projected to grow at a high CAGR during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Controlled Release Fertilizers Market by Type
- Slow Release
- Nitrogen Stabilizers
- Coated and Encapsulated
Global Controlled Release Fertilizers Market by Application
- Grains and Cereals
- Pulses and Oilseeds
- Commercial Crops
- Fruits and Vegetables
- Turf and Ornamentals
- Others
Global Controlled Release Fertilizers Market by End-User
- Agricultural
- Non-agricultural
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AGLUKON Spezialduenger GmbH & Co. KG
- ATS Euromaster Ltd.
- Compo GmbH and Co. KG
- Ekompany International BV
- Florikan ESA LLC
- Haifa Group
- Helena Chemical Co
- ICL Group
- Israel Chemicals Ltd
- JNC Corp
- Kingenta International
- Koch Fertilizer LLC
- Mivena BV
- Nufram Ltd.
- Nutrien Ltd.
- The Scotts Miracle-Gro Co
- SQM (Sociedad Quimica Y Minera De Chile SA)
- The Mosaic Co.
- Yara International ASA
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Controlled Release Fertilizers market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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