Global Specialty Fertilizers Market 2023-2029

Specialty fertilizers are a type of fertilizer that is formulated to meet specific needs or conditions of crops, soils, or landscaping. These fertilizers are customized to provide nutrients and supplements that may be lacking in specific soils or plants. They are produced with a particular purpose in mind, such as enriching the soil quality or improving plant growth. According to the latest estimates, the global specialty fertilizers market is set to achieve an incremental growth of USD 12.2 billion, accelerating at a CAGR of almost 4.61% during the forecast period 2023-2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global specialty fertilizers market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, application, crop type, and region. The global market for specialty fertilizers can be segmented by type: controlled-release fertilizers, slow-release fertilizers, micronutrient fertilizers, customized fertilizers, water-soluble fertilizers, other fertilizers. The water-soluble fertilizers segment captured the largest share of the market in 2022. Specialty fertilizers market is further segmented by application: soil, foliar, fertigation, others. The foliar segment held the largest share of the global specialty fertilizers market in 2022 and is anticipated to hold its share during the forecast period. Based on crop type, the specialty fertilizers market is segmented into: grains and cereals, oilseeds and pulses, commercial crops, fruits and vegetables, others. In 2022, the grains and cereals segment made up the largest share of revenue generated by the specialty fertilizers market. On the basis of region, the specialty fertilizers market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, Asia-Pacific was accounted for the highest revenue generator in 2022.

Market Segmentation
By type: controlled-release fertilizers, slow-release fertilizers, micronutrient fertilizers, customized fertilizers, water-soluble fertilizers, other fertilizers
By application: soil, foliar, fertigation, others
By crop type: grains and cereals, oilseeds and pulses, commercial crops, fruits and vegetables, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading specialty fertilizers market vendors that include CF Industrial Holdings Inc., Compo Expert GmbH, Coromandel International Ltd., EuroChem Group AG, Haifa Chemicals Ltd., Israel Chemicals Ltd., Nutrien Limited, Sociedad Quimicay Minera De Chile, The Mosaic Company, Yara International ASA, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global specialty fertilizers market.
• To classify and forecast the global specialty fertilizers market based on type, application, crop type, region.
• To identify drivers and challenges for the global specialty fertilizers market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global specialty fertilizers market.
• To identify and analyze the profile of leading players operating in the global specialty fertilizers market.

Why Choose This Report
• Gain a reliable outlook of the global specialty fertilizers market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.