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Download Free sampleThe global Specialty Fertilizers market was valued at 1405.54 Million USD in 2021 and will grow with a CAGR of 5.13% from 2021 to 2027.
The prime objective of Specialty Fertilizers Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Specialty Fertilizers Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Water-soluble fertilizers are considered the fastest growing segment while slow and controlled release fertilizers constitute a major portion of the market. North America is the largest market by revenue, followed by Asia-Pacific and Europe. Asia-Pacific is the fastest growing market due to growing prevalence of crop diseases, increasing population, rising health, environmental concerns, growing focus of market players, and increasing government initiatives.The North American region accounts for the largest market share of the global specialty fertilizers market, with the US being its fastest-growing country-level market. From the beginning, specialty fertilizers` high cost with respect to other N fertilizers has constrained their utilization in large-scale production of commodity crops such as corn, sorghum, wheat, and canola.
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