The Secondary Macronutrients Market is estimated to register a CAGR of 4.8% during the forecast period (2021-2027). Secondary nutrients are needed in modest amounts and are less likely to limit crop growth. Secondary major nutrients include calcium, sulfur and magnesium. Calcium helps absorb other major nutrients. Similarly, magnesium acts as an excellent enzyme activator involved in plant growth and flowering. Plants require a minimal number of secondary macronutrients, but they cannot be exchanged for primary nutrients. Growing demand for high-value crops such as fruits and vegetables, which will increase the deficiency of secondary key nutrients in the soil, will drive the market during the forecast period. The Asia-Pacific region is projected to grow at the highest CAGR due to the prevalence of sodium soil, which drives the lime and gypsum market during the forecast period.
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Company Profile
- Coromandel International Limited
- Deepak Fertilisers and Petrochemicals Corporation Ltd.
- Haifa Group
- K+S Aktiengesellschaft
- Koch Industries, Inc.
- Kugler Company
- Nufarm Limited
- Nutrien Ltd.
- The Mosaic Company
- Yara International ASA
Market Segmentation
Secondary Macronutrients Market Key Segments:
By Nutrient Type
- Sulphur
- Calcium
- Magnesium
By Application Method
- Solid
- Liquid
By Crop Type
- Cereals and grains
- Oilseeds and pulses
- Fruits and Vegetables
- Turf and Ornamental
- Others
Scope of the Report
The research study analyzes the global Secondary Macronutrient industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Secondary Macronutrient Market Report
1. What was the Secondary Macronutrient Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Secondary Macronutrient Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Secondary Macronutrient Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Secondary Macronutrient market.
- The market share of the global Secondary Macronutrient market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Secondary Macronutrient market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Secondary Macronutrient market.
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