Starter Fertilizers Market was worth USD7.18 billion in 2021 and estimated to be growing at a CAGR of 4.04%, to reach USD8.75 billion by 2026. 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 reduce the environmental issues caused due to the over usage of fertilizers. New technologies such as LEVEL, a fertilizer amendment that prevents nutrients present in the soil to become 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 which drive the growth of the market for Starter Fertilizers. To supply for 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, lack of adequate knowledge among the farmers are some factors that restrict the market growth.
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
4.04% |
Segments Covered |
By Nutrient Component, By Form, By Crop Type, By Application |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on 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. |
Market Segmentation:
Phosphorous
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 seedling in the early stages. Nitrogen and Phosphorous are second to phosphorous in the market share.
Since both these forms are effective on the same level they hold an almost equal share in the market.
Due to the high demand for cereals across the globe, cereals hold the largest share in the market. Also, Starter fertilizers are mainly suited for corn which is included in cereals.
The foliar method is projected to have the highest growth rate in this segment because it results in rapid nutrient intake.
Geographical Classification of the Market:
Regional Analysis of the Starter Fertilizers Industry:
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 Players:
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 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
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 Agrium Inc
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
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
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