Please use symbol entry at top right of page to search

Controlled Release Fertilizer Market size worth $ 4895.6 Million, Globally, by 2030 at 6.91% CAGR: Verified Market Research®

The rising population along with high food demand as well as the rapidly flourishing agriculture sector is expected to contribute to the growth of the Controlled Release Fertilizer Market over the forecast period.

JERSEY CITY, N.J., May 26, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Controlled Release Fertilizer Market" By Type (Slow release, Coated and encapsulated, N-stabilizers), By Application (Cereals and Grains, Oilseeds and Pulses, Turfs and Ornamentals), and By Geography. According to Verified Market Research, Controlled Release Fertilizer Market size was valued at USD 2708.4 Million in 2021 and is projected to reach USD 4895.6 Million by 2030, growing at a CAGR of 6.91% from 2022 to 2030.

Verified_Market_Research_Logo

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=4645

Browse in-depth TOC on "Controlled Release Fertilizer Market"

202 - Pages
126 – Tables
37 – Figures

Global Controlled Release Fertilizer Market Overview

The rising population, increasing demand for food along with high demand from agricultural industries is anticipated to drive the Controlled Release Fertilizer Market over the forecast period. According to The Food and Agriculture Organization of the United Nations (FAO), total fertilizer nutrient demand is expected to reach 201.66 million tons by 2021. The nitrogen, potassium, and phosphorus used as fertilizer accounted for 110193, 39 473, and 48 264 thousand tons in 2021. Increasing demand for fertilizers is expected to positively impact the Controlled Release Fertilizer Market over the forecast period.

There are several benefits associated with the use of these fertilizers, including potential reduction of environmental impact, comparatively lower application costs than water-soluble fertilizers, and ease of use. The use of CRF eliminates the need for mixing and monitoring water-soluble fertilizers, as well as reduces the need for expensive injection equipment, thereby reducing labor costs. Furthermore, it also eradicates the occurrence of improper mixing of water-soluble fertilizer in the stock solution, responsible for the reduction in crop quality.

Key Developments

  • In 2021, ICL Group announced the introduction of a new product marketed under the Osmocote 5 brand name. The product has been formulated to overcome explicit nutritional difficulties faced by growers using peat-reduced and peat-free growing media. It displays exceptional nutrient matching release technology and an enhanced Optimised Trace Element Availability (OTEA) system catering to plants' needs throughout the release program.

Key Players

The major players in the market are Nutrien Limited, Yara International ASA, Israel Chemicals Ltd, Haifa Group, Sociedad Quimica Y Minera De Chile SA, Scotts Miracle Gro, Compo GmbH and Co. KG, ATS (Growth Products), JNC Corporation (Chisso), Kingenta International.

Verified Market Research has segmented the Global Controlled Release Fertilizer Market On the basis of Type, Application, and Geography.

  • Controlled Release Fertilizer Market, By Type
    • Slow release
    • Coated & encapsulated
    • N-stabilizers
  • Controlled Release Fertilizer Market, By Application
    • Cereals & Grains
    • Oilseeds & Pulses
    • Turfs & Ornamentals
    • Fruits & Vegetables
    • Others
  • Controlled Release Fertilizer Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Nitrogenous Fertilizers Market By Product (Ammonium Fertilizers, Ammonium Nitrate Fertilizers), Application (Grains and Oilseeds, Fruits and Vegetables), By Geography, Forecast, 2021-2028

Specialty Fertilizers Market By Crop Type (Cereals & Grains, Fruits & Vegetables), By Form (Liquid, Dry), By Technology (N-stabilizers, Slow-release, Chelated), By Application Method (Soil, Foliar, Fertigation), By Geography, Forecast, 2021-2028

Organic Fertilizers Market By Source (Mineral, Plant, Animal), By Crop Type (Cereals and Grains, Vegetables and Fruits, Oilseeds and Pulses), By Form (Liquid, Dry), By Geography, Forecast, 2021-2028

Fertilizer Hydrophobic Agent Market By Product (Prills, Granules, Powder), By Application (Urea, Ammonium Nitrate, Diammonium Phosphate, Monoammonium Phosphate, Ammonium Sulphate, Triple Super Phosphate), By Geography, Forecast, 2021-2028

Top 5 Organic Fertilizer Companies taking the green initiative forward at global level

Visualize Controlled Release Fertilizer Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

 

 

 

 

Cision View original content:https://www.prnewswire.com/news-releases/controlled-release-fertilizer-market-size-worth--4895-6-million-globally-by-2030-at-6-91-cagr-verified-market-research-301555800.html

SOURCE Verified Market Research

Search News

Filter Results

Publication Date
Topic
Provider
  • All

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.