According to a new report published by UnivDatos, the Nano Fertilizers Market was valued at more than USD 3000 million in 2020 and is expected to grow at a CAGR of around 15% from 2022-2028. The analysis has been segmented into Raw Material (Nitrogen, Silver, Carbon, Zinc, and Others); Method of Application (Spray or Foliar and Soil); and Region/Country.

Access sample report (including graphs, charts, and figures) https://univdatos.com/reports/nano-fertilizers-market?popup=report-enquiry

The nano fertilizers market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the nano fertilizers market. The nano fertilizers market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the nano fertilizers market at the global and regional levels.

Market Overview

Nano fertilizers refer to a new class of plant nutrients that are engineered at the nanoscale level. They are designed to enhance nutrient uptake by plants, reduce nutrient loss due to leaching, and improve soil health. The global market for nano fertilizers is expected to experience significant growth in the coming years, driven by several factors such as the increasing global population & the consequent rise in demand for food and agricultural products are expected to drive the demand for high-quality fertilizers. Also, the need for sustainable agriculture practices that minimize the environmental impact of chemical fertilizers is also driving the demand for nano fertilizers. Additionally, the development of advanced technologies for the manufacture of nano fertilizers is expected to drive down production costs, making them more affordable and accessible to farmers. For instance, Indian Farmers Fertilizer Cooperative Limited (IFFCO), produced over 87.02 lakh metric tons of fertilizer in 2021-2022. Therefore, it is anticipated that the market for nano fertilizers will expand steadily in the coming years, driven mostly by rising demand from developing nations.

Some of the major players operating in the market include Indogulf BioAg LLC; Silvertech Kimya Sanayi ve Ticaret Ltd. Şti.; JU; AG CHEMI GROUP s.r.o.; Geolife Group; Shan Maw Myae Co., Ltd.; EuroChem Group; Tropical Agro; IFFCO; AGRICULTURE SOLUTIONS INC.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The fertilizer manufacturing facilities were shut down for a longer period because of strict lockdown regulations. The operational process and activities have been halted as a result. The market's demand was lowered because of the hampered production and sales units.

The global nano fertilizers market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on raw material, the market is segmented into nitrogen, silver, carbon, zinc, and others. Amongst these, the nitrogen-based category is to witness the fastest growth in this market in 2021. This is because nitrogen-based fertilizers are still an affordable option. Also, fertilizer is still readily available to farmers and gives a variety of crops good nutrition. Furthermore, soil nitrogen frequently has a good impact on pasture and crop growth. As a result, it plays a crucial role in the development and reproduction of plants.

On the basis of application, the market is bifurcated into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. Among these, the cereals & grains category captured the majority share of the nano fertilizers market in 2021. This is due to the rising demand for grains and cereals, particularly maize, wheat, and rice, are to blame for this. The FAO estimates that 2021 saw an increase in cereal production from 2777.7 million tonnes in 2020 to 2815.1 million tonnes. Farmers are switching to employing nano fertilizers as a result to satisfy this growing demand for production. For food growers around the world, their ability to increase crop output and efficiency in delivering crucial nutrients remains an attractive prospect.

Nano Fertilizers Market Geographical Segmentation Includes:

·       North America (United States, Canada, and Rest of North America)

·       Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

·       Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

·       Rest of the World

APAC is anticipated to grow at the fastest CAGR during the forecast period. This is mainly due to the large population in the region and the high demand for nutritional food. Moreover, rising agricultural yields is one of the major factors in the countries like China, India, and Australia. Furthermore, rising investment and government subsidies in the agriculture sector will boost the demand for fertilizers in the region. For instance, the Indian Government increased subsidy allocation for fertilizers from USD 9.83 million to more than USD 11 million in 2019. These factors are also contributing to the growth of the water-soluble fertilizers market.

Click here to view the Report Description & TOC https://univdatos.com/reports/nano-fertilizers-market

The major players targeting the market include

·       Indogulf BioAg LLC

·       Silvertech Kimya Sanayi ve Ticaret Ltd. Şti.

·       JU

·       AG CHEMI GROUP s.r.o.

·       Geolife Group

·       Shan Maw Myae Co., Ltd.

·       EuroChem Group

·       Tropical Agro

·       IFFCO

·       AGRICULTURE SOLUTIONS INC.

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Nano Fertilizers Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the nano fertilizers market?

• Which factors are influencing the nano fertilizers market over the forecast period?

• What are the global challenges, threats, and risks in the nano fertilizers market?

• Which factors are propelling and restraining the nano fertilizers market?

• What are the demanding global regions of the nano fertilizers market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

Contact Us:

UnivDatos

Contact Number - +1 978 733 0253

Email - contact@univdatos.com 

Website - www.univdatos.com

LinkedIn- https://www.linkedin.com/company/univ-datos-market-insight/mycompany/