Slow Release Compound Fertilizer Market was valued at USD 12.5 Billion in 2022 and is projected to reach USD 20.8 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global slow-release compound fertilizer market was valued at approximately USD 4.3 billion in 2022, with an expected Compound Annual Growth Rate (CAGR) of 5.7% from 2022 to 2030. This growth is attributed to the increasing adoption of sustainable farming practices, where slow-release fertilizers play a crucial role in enhancing nutrient efficiency and reducing environmental impact. Farmers are increasingly preferring these fertilizers due to their extended nutrient release capabilities, which minimize the need for frequent applications and reduce labor costs. Moreover, expanding agricultural activities and the rise in food demand globally have further driven the demand for slow-release compound fertilizers, fostering significant market growth during the forecast period.
Emerging markets present substantial growth opportunities for the slow-release compound fertilizer market, particularly in regions like Asia-Pacific and Latin America. These regions are witnessing rapid adoption due to the rising awareness of soil health management, increasing agricultural production, and government initiatives promoting sustainable farming practices. Additionally, technological advancements in fertilizer production, coupled with the development of new formulations tailored to specific crops and soil types, are expected to provide lucrative opportunities for market players. The growth potential is further supported by the increasing focus on organic and eco-friendly fertilizers, creating new avenues for market expansion in the coming years.
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ICL
J.R. Simplot
Knox Fertilizer Company
Allied Nutrients
Harrell's
Florikan
Haifa Group
SQMVITAS
JCAM Agri
Kingenta
Anhui MOITH
Central Glass Group
Stanley Agriculture Group
Shikefeng Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Slow Release Compound Fertilizer Market
Agriculture
Horticulture
Turf and Landscape
Based on Types the Market is categorized into Below types that held the largest Slow Release Compound Fertilizer market share In 2023.
Coated Fertilizer
Uncoated Fertilizer
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Slow Release Compound Fertilizer Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Slow Release Compound Fertilizer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Slow Release Compound Fertilizer Market, By Type
6. Global Slow Release Compound Fertilizer Market, By Application
7. Global Slow Release Compound Fertilizer Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Slow Release Compound Fertilizer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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