Asia Pacific Starter Fertilizers Market was worth $2.15 billion in 2021 and estimated to be growing at a CAGR of 9.8%, to reach $3.85 billion by 2026. Newly planted have to be properly taken care of until it grows into a plant. Lack of proper nutrition in the early growth stage of the seed affects its growth in the future leading to low yielding. Starter fertilizers provide the solution in this case.
Placing a small amount of fertilizer containing necessary nutrients along with the plantation of seeds to help the growth of seeds is called starter fertilizer. They improve the development of seeds during the time of its emergence by making the nutrients available inaccessible locations to its roots. The nodal root system is slowed by weather or damaged by pests in normal conditions. Plants embedded with Starter fertilizers can withstand these situations and grow healthily.
Drivers and Restraints of Asia Pacific Starter Fertilizers Market:
With the increase in urbanization area under which forage & turf grasses are cultivated is increasing. As proper soil is not available in cities, starter fertilizers are in high demand to enhance the growth. Untapped markets will result in higher growth opportunities for the Starter fertilizers market. The increase in demand for food and agricultural products also helps in driving the market growth of the Starter fertilizers market. Lack of awareness in farmers and limited use of Starter fertilizers in agriculture are some of the major restraining factors for the Starter fertilizers market.
Asia Pacific Starter Fertilizers Market – By Nutrient Components:
Phosphorous
Unavailability of phosphorous in many soils resulted in an increase in demand for Starter fertilizers and thus Phosphorous holds the largest market share in this segment.
Asia Pacific Starter Fertilizers Market – By Crop Types:
Cereals hold the largest market share in this segment owing due to the increase in demand for cereals all over the world and also due to the high adoption of starter fertilizers by North America in cereal production.
Asia Pacific Starter Fertilizers Market – By Form:
Both of these forms hold the market on the same level.
Asia Pacific Starter Fertilizers Market – By Application:
The foliar method holds the largest share in this segment.
Geographical Analysis:
Based on region, Asia-Pacific is segmented into
The Asia Pacific is the fastest-growing market for Starter Fertilizers Market. Japan and Australia are quickly adapting to the use of starter fertilizers. India and China present a huge customer base with a lot of opportunities.
Key Players:
Some of the major players operating in the global starter fertilizers market are Stoller USA Inc., The Scotts Miracle-Gro Company, Conklin Company Partners Inc., Yara International ASA, CHS Inc., Agrium Inc., Helena Chemical Company, Miller Seed Company, and Nachurs Alpine Solution.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Nutrient Component
5.1.1 Introduction
5.1.2 Nitrogen
5.1.3 Phosphorous
5.1.4 Potassium
5.1.5 Micro Nutrients
5.1.6 Y-o-Y Growth Analysis, By Nutrient Component
5.1.7 Market Attractiveness Analysis, By Nutrient Component
5.1.8 Market Share Analysis, By Nutrient Component
5.2 Form
5.2.1 Introduction
5.2.2 Dry Form
5.2.3 Liquid Form
5.2.4 Y-o-Y Growth Analysis, By Form
5.2.5 Market Attractiveness Analysis, By Form
5.2.6 Market Share Analysis, By Form
5.3 Crop Type
5.3.1 Introduction
5.3.2 Cereals
5.3.3 Fruits & Vegetables
5.3.4 Forage & Turf Grasses
5.3.5 Y-o-Y Growth Analysis, By Crop Type
5.3.6 Market Attractiveness Analysis, By Crop Type
5.3.7 Market Share Analysis, By Crop Type
5.4 Method of Application
5.4.1 Introduction
5.4.2 In-Furrow
5.4.3 Fertigation
5.4.4 Foliar
5.4.5 Other Methods
5.4.6 Y-o-Y Growth Analysis, By Method of Application
5.4.7 Market Attractiveness Analysis, By Method of Application
5.4.8 Market Share Analysis, By Method of Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Nutrient Component
6.1.3.3 By Form
6.1.3.4 By Crop Type
6.1.3.5 Method of Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Nutrient Component
6.1.4.3 By Form
6.1.4.4 By Crop Type
6.1.4.5 Method of Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Nutrient Component
6.1.5.3 By Form
6.1.5.4 By Crop Type
6.1.5.5 Method of Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Athersys
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Stoller USA Inc
8.3 The Scotts Miracle-Gro Company
8.4 Conklin Company Partners Inc
8.5 Yara International ASA
8.6 CHS Inc
8.7 Helena Chemical Company
8.8 Miller Seed Company
8.9 Nachurs Alpine Solution
8.10 Agrium Inc
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
