[ad_2]
NEW YORK, July 15, 2022 /PRNewswire/ — The phosphate fertilizers market has been segmented into the application (cereals and grains, fruits and vegetables, oilseeds, and others) and geography (APAC, South America, North America, Europe, and MEA). APAC is expected to account for 53% of the market’s growth during the forecast period. This growth is attributed to factors such as the growing demand for phosphate fertilizers. Moreover, market growth in this region will be faster than the growth of the market in regions. China and India are the key counties in the phosphate fertilizers market in APAC.
The phosphate fertilizers market size is expected to grow by USD 4.76 mn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 1.95% during the forecast period, according to Technavio.
Technavio’s exclusive sample report offers an up-to-date analysis as well as exact growth variance and the Y-O-Y growth rate
Phosphate Fertilizers Market 2021-2025: Revenue-generating Application Segments
The cereals and grains segment will contribute the highest market share growth during the forecast period. Cereals and grains are a crucial part of traditional diets, which is increasing the use of phosphate fertilizers for cereal and grain crops. Moreover, the consumption of cereals and grains in APAC has increased. The region needs to improve its farming methodologies and technologies to meet the demand. Hence, the adoption of phosphate fertilizers in the cultivation of cereal and grain crops is expected to grow during the forecast period.
Learn more about the contribution of each segment of the market. Download a Sample Report
Phosphate Fertilizers Market 2021-2025: Scope
The phosphate fertilizers market report covers the following areas:
Phosphate Fertilizers Market 2021-2025: Vendor Analysis
The phosphate fertilizers market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Coromandel International Ltd., EuroChem Group AG, Hubei Xingfa Chemicals Group Co. Ltd., Israel Chemicals Ltd., Jordan Phosphate Mines Co. PLC, Maaden – Saudi Arabian Mining Co., Nutrien Ltd., OCP SA, PhosAgro AG, and The Mosaic Co. are some of the major market participants. The key offerings of some of these vendors are listed below:
Subscribe to our “Basic Plan” billed annually at USD 5000. Get lifetime access to our Technavio Insights
Phosphate Fertilizers Market 2021-2025: Key Highlights
Related Reports:
Organic Pesticides Market by Crop Type and Geography – Forecast and Analysis 2022-2026
Nitrogenous Fertilizer Market by Product and Geography – Forecast and Analysis 2022-2026
Phosphate Fertilizers Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 1.95% |
Market growth 2021-2025 |
USD 4.76 million |
Market structure |
Fragmented |
YoY growth (%) |
1.85 |
Regional analysis |
APAC, South America, North America, Europe, and MEA |
Performing market contribution |
APAC at 53% |
Key consumer countries |
China, India, Brazil, US, France, and Russian Federation |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Coromandel International Ltd., EuroChem Group AG, Hubei Xingfa Chemicals Group Co. Ltd., Israel Chemicals Ltd., Jordan Phosphate Mines Co. PLC, Maaden – Saudi Arabian Mining Co., Nutrien Ltd., OCP SA, PhosAgro AG, and The Mosaic Co. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
SOURCE Technavio
Source link
[ad_2]
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.
[ad_2]
[ad_1] Nørresundby, 26 April 2024Announcement no. 23/2024 The Board of Directors of RTX has, cf. company announcement no. 20/2023 dated…
[ad_1] Gyroscope Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Gyroscope Global…
[ad_1] ODISHA, India, and LOS ANGELES, Calif., April 25, 2024 (SEND2PRESS NEWSWIRE) — In the 1880s, to call attention to…
In support of Hong Kong's new mega tourism and commerce drive, Alipay+ now enables users of 14 leading overseas mobile…
[ad_2] TOKYO, April 26, 2024 /PRNewswire/ -- KLab Inc. announced that its hit 3D action game Bleach: Brave Souls has…
[ad_1] CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC)…