Fertilizers are substances that are added to increase yield by providing crops with nutrients that the soil lacks. Fertilizer addition frequently doubles or triples yield. The ever increasing demand for agricultural products is the primary driver of the rise in demand for water-soluble fertilizers.

 starter fertilizers market which was valued at USD 8.33 billion in 2021 is expected to reach the value of USD 12.59 billion by 2029, at a CAGR of 5.30% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

 

Market Definition

Starter fertilizers are specially designed to provide plants with the nutrients they require during the early stages of growth. These fertilizers are commonly used when seeding or transplanting new plants and can aid in their development and overall health. While there are many different types of starter fertilizers on the market, they all have one goal in common: to help plants get off to a good start.

Drivers

·         Growing awareness and knowledge on agricultural profiles

  • A shift towards more protected and precise farming techniques

 

 

Recent Development

·         CHS Inc announced plans for a significant renovation and expansion project at its grain export terminal in Myrtle Grove, Louisiana, in May 2021. The $73 million investment focuses on storage and handling upgrades, which will increase market access for farmer-owners and allow the terminal to move 30 percent more bushels of grain annually to global customers.

·         In March 2019, CHS Inc. acquired West Central Distribution LLC, a wholesale distributor of agronomy products with 30 locations based in Willmar.

 

 

The countries covered in the starter fertilizers market report are:

·         U.S.,

·         Canada and Mexico in North America,

·         Germany,

·         Sweden,

·         Poland,

·         Denmark,

·         France,

·         U.K.,

·         Netherlands,

·         Switzerland,

·         Belgium,

·         Russia,

·         Italy,

·         Turkey,

·         Rest of Europe in Europe,

·         China,

·         Japan,

·         India,

·         South Korea,

·         Singapore,

·         Malaysia,

·         Australia,

·         Thailand,

·         Indonesia,

·         Philippines,

·         Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia,

·         U.A.E,

·         South Africa,

·         Egypt,

·         Israel,

·         Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA),

·         Argentina and Rest of South America as part of South America.

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Some of the major players operating in the starter fertilizers market are:

  • Bayer AG (Germany)
  • BASF SE (Germany)
  • Yara (Norway)
  • Compass Minerals (US)
  • Syngenta Crop Protection AG (Switzerland)
  • ADAMA (Israel)
  • Sumitomo Chemicals Co. Ltd. (Japan)
  • Nufarm (Australia)
  • UPL (India)
  • K+S Aktiengesellschaft (Germany)
  • ICL (Israel)

 

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major toc of the report:

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
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