Trends and Forecast for the Global Specialty Fertilizer MarketTrends, opportunities and forecast in specialty fertilizer market to 2027 by product type (UAN, CAN, MAP, potassium sulfate, and potassium nitrate), application method (soil, foliar, and fertigation), crop type (cereals & grains (corn, wheat, rice,others), oilseeds & pulses (soyabean, canola, others), fruits & vegetables (root and tubors, citrus fruits, brassicus, other)), and region (North America, Europe, Asia Pacific, and the Rest of the World)Lucintel's latest market report analyzed that specialty fertilizer provides attractive opportunities in the soil, foliar, and fertigation application method market. The specialty fertilizer market is expected to reach $257.2 billion by 2027 with a CAGR of 2.7%. In this market, fertigation is the largest segment by application method, whereas UAN is largest by product type.
Download Brochure of this report by clicking on https://www.lucintel.com/specialty-fertilizer-market.aspx Based on application method, the specialty fertilizer market is segmented into soil, foliar, and fertigation. The fertigation segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to requires less labor, time, energy, and water.
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The Specialty Fertilizer Market is marked by the presence of several big and small players. Some of the prominent players offering specialty fertilizer include Nutrien, Yara International, Israel Chemical, K+S Aktiengesellschaft, Sociedad Quimica Y Minera De Chile, The Mosaic Company, EuroChem, CF Industries, OCP, OCI Nitrogen.
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