Uploaded on Mar 2, 2022
The nitrogen, phosphorus and potassium (NPK) fertilizers market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the nitrogen, phosphorus and potassium (NPK) fertilizers market will project a CAGR of 4.1% for the forecast period of 2021-2028.
NPK Fertilizers Market Industry Trends, SWOT Study and Forecast to 2028
NPK Fertilizers Market Industry Trends, SWOT Study
and Forecast to 2028
Nitrogen, Phosphorus and Potassium (NPK) Fertilizers Market, By Fertilizers (Feed-
grade, Food-grade), Application (Bakery Products, Dairy Products, Meat and Meat
Products, Beverages), Form (Powder, Liquid, Others), Type (Nitrogen, Phosphorus,
Potassium, Others), Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and
Vegetables and Others), Mode of Application (Fertigation, Foliar, Others), Livestock
(Ruminants, Poultry, Swine, Others), Industry Trends and Forecast to 2028
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Market Analysis and Insights
The nitrogen, phosphorus and potassium (NPK) fertilizers market is expected to gain
market growth in the forecast period of 2021 to 2028. Data Bridge Market Research
analyses that the nitrogen, phosphorus and potassium (NPK) fertilizers market will
project a CAGR of 4.1% for the forecast period of 2021-2028.
NPK fertilizer is basically the combination of three nutrients such as nitrogen,
phosphorus and potassium which is used as the fertilizer provide the nutrients for
healthy plant growth. It enhances the nutrient and water use efficiency further reducing
the application cost. These fertilizers are widely used in the agriculture industry to assure
the healthy growth of plant and are available in the various forms such as liquid,
gaseous, and granular form.
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Major Key Players
Some of the major players operating in this market are :
• FEECO International, Inc.
• Borealis AG.
• Akzo Nobel N.V., Yara
• Petrobras, Nutrien Ltd
• Mosaic, ICL
• EuroChem Group
• K+S AKTIENGESELLSCHAFT
• PhosAgro Group of Companies
• Haifa Negev technologies LTD
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Market Segmentation
• By Fertilizers (Feed-grade, Food-grade)
• By Application (Bakery Products, Dairy Products, Meat and Meat Products,
Beverages)
• By Mode of Application (Fertigation, Foliar, Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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Research
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