Global Starter Fertilizers Market Analysis Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Nutrient Component (Nitrogen, Phosphorous, Potassium And Micro Nutrients), Form (Dry And Liquid), Crop Type (Cereals, Fruits & Vegetables, Forage & Turf Grasses), Method Of Application (In-Furrow, Fertigation, Foliar And Other Methods) And By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Industry Analysis From 2024 to 2029

Updated On: January, 2024
ID: 3474
Pages: 175

Global Starter Fertilizers Market Size (2024 to 2029)

The global Starter fertilizers market size is expected to reach USD 8.08 billion in 2024 and reach USD 9.85 billion by 2029, growing at a CAGR of 4.04% from 2024 to 2029.

Nutrients are very important to be present in the soil for seeds to grow. At the time of planting, a small amount of fertilizer is placed near the seed to provide the necessary nutrients to the seed.

Starter fertilizers vary with different soil. A particular soil might be abundant in Nitrogen but have low phosphorous content. Starter Fertilizers have to be selected as per the requirement of the soil and the seeds. Starter fertilizers are mainly been used in fields with cool soil temperatures until soil conditions improve. Nutrients are not easily accessible for seeds when the soil temperature is cool. Using starter fertilizers reduces the environmental issues caused by the overuse of fertilizers. New technologies such as LEVEL, a fertilizer amendment that prevents nutrients present in the soil from becoming unavailable, are being introduced in the market.

The rapid increase in demand for efficient fertilizers and the adoption of new farming practices are some of the major factors that drive the growth of the market for Starter Fertilizers. To supply the global food requirements, an increase in the need for methods that increase the agricultural output led to the increase in demand for starter fertilizers. Ever-growing concerns for environmental degradation and lack of adequate knowledge among the farmers are some factors that restrict the market growth.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

4.04%

Segments Covered

By Nutrient Component, Form, Crop Type, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

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, Nachurs Alpine Solution.

 

SEGMENTAL ANALYSIS

Starter Fertilizers Market By Nutrient Component

Phosphorous held the largest market share in this segment. It is expected to hold the market share during the forecast period because of its major role in stimulating the growth of seedlings in the early stages. Nitrogen and phosphorus are second to phosphorous in the market share.

Global Starter Fertilizers Market By Form

Since both these forms are effective on the same level they hold an almost equal share in the market.

Global Starter Fertilizers Market By Crop Type

Due to the high demand for cereals across the globe, cereals hold the largest share of the market. Also, Starter fertilizers are mainly suited for corn which is included in cereals.

Global Starter Fertilizers Market By Application

The foliar method is projected to have the highest growth rate in this segment because it results in rapid nutrient intake.

REGIONAL ANALYSIS

Based on Region, the global starter fertilizer market is divided into North America, Asia-Pacific, Europe, Latin America, the Middle East, and Africa. North America led the Starter fertilizer market across the globe with its largest share in the market. This is due to the improved technologies in fertilizer application to enhance the production of cereals, food & vegetables. Asia-Pacific is the fastest-growing market in the Starter fertilizer market due to its huge customer base. Countries like India and China are adopting starter fertilizers at a rapid pace.

KEY MARKET PLAYERS

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, Nachurs Alpine Solution. Some of the market players dominate the global startet fertilizers market.

DETAILED SEGMENTATION OF THE GLOBAL STARTER FERTILIZER MARKET INCLUDED IN THIS REPORT

This research report on the global starter fertilizer market is segmented and sub-segmented into the following categories.

By Nutrient Component

  • Phosphorous
  • Nitrogen
  • Potassium
  • Micronutrients

By Form

  • Dry
  • Liquid forms

By Crop Type

  • Cereals
  • Fruits & vegetables
  • Forage & turf grasses

By Application

  • In-furrow
  • Fertigation
  • Foliar
  • other methods

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

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