Fertilizers are mixtures of chemical products containing nitrogen, phosphorus, potassium and other necessary nutrients. Minerals are essential nutrients for survival of all plants, naturally provided through soil or man-made sources such as fertilizers. Naturally occurring minerals are gradually washed out of soil due to various reasons such as soil erosion and continuous extraction of mineral components by the plant. Therefore, fertilizers are used to re-supply proper amount of nutrients in the soil to maintain optimal plant growth. Agricultural fertilizers are available in solid, liquid as well as in gaseous form for cultivation of plants in farms. Use of fertilizers in the farms increases the production and farm income.
The Global Fertilizer Market is categorized on basis of type of fertilizers and different types of crop which use these fertilizers. Organic fertilizers, inorganic fertilizers and bio fertilizers are the various types of fertilizers used to increase crop productions for wheat, rice, maize, soybean and many more.
The key manufacturers of fertilizers are:
Potash Corp of Saskatchewan Inc. (Canada),
The Mosaic Company (U.S.),
Uralkali PJSC (Russia),
Yara International ASA (Norway)
JSC Belaruskali (Belarus).
In 2015, the world saw its population rise to 7.3 bilion, which would basically mean more mouths to feed. Hence, there is an upsurge in the demand for improving the yield of crops to feed this growth in population which is directly proportional to the consumption of fertilizers in the farmlands. The demand of crops being used for biomass is another emerging factor to boost this market’s growth.
Due to governmental regulations in developed nations such as the European countries, the fertilizer usage is limited to reduce fatal environmental impact. These regulations have led to an increased demand for organic crop harvesting processes with fewer chemicals which have hence restrained the market demand for fertilizers in developed markets.
The report comprises analysis of the fertilizer market based on four regions namely: Americas, Europe, APAC and RoW. APAC is the dominant and fastest growing fertilizers market with countries such as China, India, Pakistan, Indonesia and others which are involved in many agricultural activities; hence the high demand for fertilizers. Other than APAC, Americas followed by Europe are estimated to generate high revenue for this market.
Extensive research has been done from a combination of secondary and primary sources to understand the crucial trends and developments. The final market values are calculated from the data extracted from various primaries and fertilizers associations. Secondary sources such as directories, articles, white papers, newsletters and others were used to study the global fertilizers market. A bottom-up approach was used in calculating the final market, where total demand in tons was calculated based on information made available through various primaries and fertilizers associations. Once the demand in tons was calculated, revenues were then derived for each individual region, which then led to the calculation of global values. The approach towards finding information regarding the market and forecasting has been quite extensive.
The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. Interviews with key opinion leaders such as managers and marketing personnel were used extensively in understanding the need and emergence of fertilizers market.
- Fertilizers- Market Overview.
1.2.1. By Type.
188.8.131.52. Organic Fertilizers.
184.108.40.206. Inorganic Fertilizers.
220.127.116.11. Bio Fertilizers.
1.2.2. By Type of Crop.
18.104.22.168. Oil Palm.
22.214.171.124. Fruits & Veg.
1.2.3. By Geography.
126.96.36.199. North America.
188.8.131.52. South & Central America.
184.108.40.206. Asia-Pacific (APAC).
220.127.116.11. The Middle East and Africa.
2. Executive Summary.
3. Fertilizers Market – Strategic Anaysis.
3.1. Market Share Analysis.
3.2. Comparative Analysis.
3.2.1. Product Benchmarking.
3.2.2. End User Profiling.
18.104.22.168. Oil Palm.
22.214.171.124. Fruits & Veg.
3.2.3. Patent Analysis.
3.2.4. Top 5 Financial Analysis.
4. Fertilizers– Market Forces.
4.1. Market Drivers.
4.1.1. Improving The Yield of Food Crops, to Meet The Demand From Increasing Population Propels The Growth of Fertilizers Market.
4.1.2. Emerging Organic Agriculture Market Induces The Demand for Organic Fertilizers Market.
4.1.3. Increasing Awareness of Benefits From Fertilizers Provides Major Impetus for The Growth In Emerging Regions.
4.1.4. Growth In Biofuel Crops Induce The Growth In Fertilizers Market.
4.1.5. Increasing Crop Prices Incentivize Usage of Fertilizers to Increase Output.
4.2. Market Constraints.
4.2.1. High Prices of Fertilizers, to Hinder The Rate of Consumption.
4.3. Market Challenges.
4.3.1. Government Regulations to Act As Barriers for Market Growth In The Long Term.
4.4. Porters Five Forces.
4.4.1. Bargaining Power of Suppliers.
4.4.2. Bargaining Power of Customers.
4.4.3. Threat of New Entrants.
126.96.36.199. Capital Requirement.
188.8.131.52. Economies of Scale.
184.108.40.206. Government Policy.
4.4.4. Threat of Substitution.
4.4.5. HREAT of Substitutes.
4.4.6. Degree of Competition.
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