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Specialty Fertilizers Market to Be Worth US$ 27.94 Billion by 2025 Growing at a CAGR of 7.2%

The Global Specialty Fertilizers Market, in terms of revenue, is expected to reach US$ 27.94 Bn by 2025, expanding at a CAGR of 7.2% from 2017 to 2025


Houston, TX -- (SBWIRE) -- 01/20/2018 -- Research N Reports offers latest published report "Specialty Fertilizers Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025". The author of the report analyzed that the Global Specialty Fertilizers Market accounted for US$ 15.19 billion in 2016. Special fertilizers increase nutrient uptake in plants and reduce the potential for nutrient loss to the environment when compared to other fertilizer products. Demand for special fertilizers has been increasing as it turns out to be an effective alternative to conventional fertilizers because it has less impact on the environment, resource conservation and labor saving.

By helping these fertilizers to improve agricultural productivity, the driving force behind the global specialty fertilizer market is efficient technology improvement, ease of application and cost savings. Eutrophication has adversely affected the estuaries and lakes of the United States. To avoid this phenomenon (due to the use of conventional fertilizers), specialty fertilizers were more likely to be adopted and applicable as government focus and farmers' perception increased.

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North America has dominated the global market. The Asia Pacific region is expected to be one of the fastest growing markets due to increased food demand in the region. In this region, China is expected to grow the fastest growing specialty fertilizer market, followed by India. The grass and ornaments sector is expected to be the world's largest and fastest growing specialty fertilizer market from 2016 to 2025. Urban growth in China is demanding urban green spaces and a clean environment. Growing urban green spaces and high-quality horticultural products, including recreational and sporting arenas, such as golf courses and lawns, require special fertilizers that are effective at protecting the environment.

The main drivers of growth in the world's specialty fertilizer markets are increased environmental problems, increased food demand, reduced land availability, increased health problems, increased government support, and increased private and venture capital to support new product development is.

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Research N Reports brings key comprehensions on the subject of Global Specialty Fertilizers Market in its latest report titled 'Specialty Fertilizers Market by Type (Water Soluble Fertilizers, Slow & Controlled Released Fertilizers, Micronutrient & Secondary Nutrient Fertilizers, Bio-Stimulant Fertilizers, Stabilized Fertilizers); by Crop Type (Cereals & Oilseeds, Fruits & Vegetables, Turfs & Ornamentals, Others); by Product Type (Soil Conditioner {Organic Conditioners, Inorganic Conditioners}, Soil Wetting Agent {Liquid, Granular Type}); by Regions (North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025.'

Peruse the complete report titled "Specialty Fertilizers Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025" at

The demand for the global market is anticipated to grow due to their advantages over conventional fertilizers. These fertilizers are more efficient, require less labor, and deliver more consistent nutrients to plants. As the nutrients are released only in adequate amounts which can be absorbed by the plants, the nutrients can be completely utilized by the plant. They also produce more compact plants that require less utilization of growth regulators. The risk of loss is high when using conventional fertilizers as the nutrient is soluble, and available in excess quantity. Yet, specialty fertilizers are costly as compared to their conventional counterparts and have a limited use in the mainstream agriculture. This could hamper the growth of the global market to some extent.

Water soluble fertilizers segment is anticipated to witness more market share during the conjecture period.

Demand for water soluble specialty fertilizers was the highest and the segment registered for highest share of the market during the past years and is further estimated to maintain its dominance. Water soluble fertilizers lend themselves to different methods of application viz., foliar and fertigation. They are also suitable for soil application depending on requirement. Over 25-30% of recommended dose of fertilizers can be reduced by using this fertilizers, as it is applied on crop requirement, it reduces accumulation of salts in soil.

Turf & ornamentals segment is estimated to hold the major share of the market.

The turf & ornamentals segment is foreseen to be the largest and fastest growing segment over the research period. The segment facilitates nutrient uptake by plants, facilitating to improve plant performance, quality and yield. Further, the segment promotes better root growth and development and optimize crop yield potential.

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North America is anticipated to register for the leading share of the global market.

North America is anticipated to be the largest market by revenue, followed by Asia-Pacific and Europe. Asia-Pacific is the fastest growing market due to increasing pervasiveness of crop diseases, rising health & environmental concerns, increasing population, growing focus of market players, and growing government initiatives. Furthermore, the North American region accounted for the largest share of the market, with the U.S. being its fastest-growing country-level market. The high growth potential in emerging markets (China, India, and Japan), new technology in specialty fertilizers products, and the decline in prices provide new growth opportunities to players.

Some of the significant players functioning in the Global Specialty Fertilizers Market include PotashCorp, the Mosaic Company, EuroChem, CF Industries, Agrium Inc., Israel Chemicals Limited, and so on. Few of the other prominent players are Coromandel International Limited, Haifa Chemicals ltd., Sinochem Corporation, Sociedad Quimica Y Minera S.A., Tessenderlo Group, among others.