Agricultural Secondary Nutrients Market Size, Share, Industry, Forecast and outlook (2023-2030)

The Asia Pacific region is projected to witness the highest CAGR due to its booming agricultural industry, rapidly growing population, and rising demand for nutrient-rich food products.

Leading players include Nutrien Ltd, Yara International, Coromandel International, The Mosaic Company, and Deepak Fertilisers and Petrochemicals. These companies are employing various strategies like expansions, new product launches, and partnerships to gain market share.

The rapid decline in arable land and increasing pressure to boost crop yields are key factors propelling market expansion. Additionally, rising awareness of the benefits of secondary nutrients like calcium, magnesium, and sulfur for soil health and plant growth is fueling demand.

Adoption of backward integration by food companies, contract farming, and precision agriculture are driving market growth. Additionally, increasing awareness about the benefits of secondary nutrients among farmers is boosting demand.