Vegetable Fertilizer Market Is Predicted To Reach USD XX Million With A CAGR Of XX% According To Market Data Forecast Report.

Vegetable Fertilizer Market Is Predicted To Reach USD XX Million With A CAGR Of XX% According To Market Data Forecast Report.

ID: 7668 | October 2018 | Region: Global

Vegetable Fertilizer Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Global Vegetable Fertilizer Market is estimated to be USD XX million in 2017 and predicted to rise to USD XX million by 2022 with a CAGR of XX%. The market is segmented by Product (Organic, Inorganic, Bio-Fertilizer, Mineral Fertilizer, Others), Application (Agriculture Industry, Professional Application, Consumers, Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.

Factors like high demand for the vegetables due to the rising population, growing people health awareness towards nutritional food, low arable land, demand for more yield in the available area, loosing soil fertility and rise in soil erosion, product innovations in the agriculture, high investments in the irrigation sector by government organizations and private companies, technology advancements in the farming techniques are propelling the growth of the Global Vegetable Fertilizer Market. However, lack of farmers awareness causing overfertilization and stringent regulations for the product approval are hampering the market growth.

In product, organic fertilizer has the largest revenue owing to the rise in awareness and favorable government funding. In application, agriculture industry has the highest revenue in 2017.

Asia-Pacific is anticipated to have the largest revenue and significantly growing with high CAGR due to the available of large agricultural area, demand for food, high investments by the market leaders in this area, growing demographics and emerging economies like China and India. However, it if followed by the Americas and the European countries. 

Major companies dominating the Global Vegetable Fertilizers Market are Harrell’s, J.R. Simplot, Agrium, Knox, Koch, Helena Chemicals, Potash Corp of Saskatchewan Inc., ICL, The Mosaic Company, Uralkali PJSC and Florikan.

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