Decreasing soil fertility is expected to drive the growth of the United States fertilizers market. According to TechSci Research report, “United States Fertilizers Market By Type (Straight v/s Complex), By Origin (Organic, Synthetic, Bio-fertilizer), By Form (Solid v/s Liquid), By Mode of Application (Foliar Spraying, Fertigation, Sowing, Broadcasting, Spraying, Drip Method, Others), By Crop Type (Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, Other), By Source (Domestic v/s Import), By Region, Forecast & Opportunities, 2025”, the United States fertilizers market is expected to grow at an impressive rate during the forecast period on account of the decreasing arable land available for agriculture.
The Important Elements of the United States Fertilizers Market
the growing need to ensure food safety & security is further expected to propel the market growth through 2025. Besides, supportive government policies and schemes are further expected to spur market growth over the next few years. Furthermore, technological advancements and new product launches by the major players operating in the market are expected to create lucrative opportunities for market growth through 2025. However, the sudden outbreak and spread of the pandemic COVID-19 has led to a lockdown and shutdown of agricultural and manufacturing activities, thereby slowing down the market growth in the country.
Also, volatile prices of fertilizers are further expected to hamper the market growth through 2025. Moreover, growing environmental and health concerns on account of the excessive use of chemical fertilizers are further expected to restrict market growth.
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The United States fertilizers market is segmented based on type, origin, form, mode of application, crop type, source, application, company, and region. Based on type, the market can be split into straight and complex. The straight type can further be categorized into nitrogenous, phosphatic, potash, secondary macronutrient fertilizers, micronutrient fertilizers, and others.
Among these, the nitrogenous fertilizers segment is expected to dominate the market through 2025 as it is the most important soil nutrient which promotes plant growth and metabolism and chlorophyll production. Additionally, this is the most common nutrient that is deficient in the soil. Based on origin, the market can be categorized into synthetic, organic, and bio-fertilizer. Among these, the organic and bio-fertilizer segment is expected to witness significant growth in the market owing to the growing awareness pertaining to environmental issues and sustainable agriculture.
Based on form, the market can be bifurcated into solid and liquid. The liquid form is expected to dominate the market through 2025 since they get easily absorbed by the plants and are also quite stable. On the hand, the solid form is expected to grow significantly on account of the associated benefits such as easy availability, ease of storage, and cost-effectiveness.
The Major Competitors of United States Fertilizers Market
- The Mosaic Company
- Nutrien Limited
- CF Industries Holdings Inc.
- Bunge Limited
- Syngenta Corporation
- BASF Corporation
- Bayer Crop Science
- Yara North America Inc.
- ICL Fertilizers
- Compass Minerals International Inc
- AdvanSix Inc.
- Archer Daniels Midland Company
- Dakota Gasification Company
- Intraoceanic Corporation
- Greene County Fertilizer Company and others are some of the leading players operating in the United States fertilizers market. The companies operating in the market are using organic strategies such as product launches, mergers, and collaborations to boost their share.
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“United States fertilizer market is expected to witness significant growth during the forecast period, owing to the increasing focus of the farmers on food security. This has led to an increase in the adoption of innovative farming techniques and plant nutrition solutions by farmers while ensuring environmental sustainability. Additionally, the presence of major market players such as Yara International, BASF Corporation, and Bayer Crop Science, among others in the country is expected to create lucrative opportunities for market growth through 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research global management consulting firm.
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“United States Fertilizers Market By Type (Straight v/s Complex), By Origin (Organic, Synthetic, Bio-fertilizer), By Form (Solid v/s Liquid), By Mode of Application (Foliar Spraying, Fertigation, Sowing, Broadcasting, Spraying, Drip Method, Others), By Crop Type (Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, Other), By Source (Domestic v/s Import), By Region, Forecast & Opportunities, 2025”,” has evaluated the future growth potential of United States fertilizers market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States fertilizers market.
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