Secondary Macronutrient Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Secondary Macronutrients Market is estimated to register a CAGR of 4.8% during the forecast period (2021-2027). Secondary nutrients are needed in modest amounts and are less likely to limit crop growth. Secondary major nutrients include calcium, sulfur and magnesium. Calcium helps absorb other major nutrients. Similarly, magnesium acts as an excellent enzyme activator involved in plant growth and flowering. Plants require a minimal number of secondary macronutrients, but they cannot be exchanged for primary nutrients. Growing demand for high-value crops such as fruits and vegetables, which will increase the deficiency of secondary key nutrients in the soil, will drive the market during the forecast period. The Asia-Pacific region is projected to grow at the highest CAGR due to the prevalence of sodium soil, which drives the lime and gypsum market during the forecast period.

Market Players

• Coromandel International Limited
• Deepak Fertilisers and Petrochemicals Corporation Ltd.
• Haifa Group
• K+S Aktiengesellschaft
• Koch Industries, Inc.
• Kugler Company
• Nufarm Limited
• Nutrien Ltd.
• The Mosaic Company
• Yara International ASA

Secondary Macronutrients Market Key Segments:

By Nutrient Type

• Sulphur
• Calcium
• Magnesium

By Application Method

• Solid
• Liquid

By Crop Type

• Cereals and grains
• Oilseeds and pulses
• Fruits and Vegetables
• Turf and Ornamental
• Others

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Secondary Macronutrients Market Report

• What was the Secondary Macronutrients Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Secondary Macronutrients Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Secondary Macronutrients Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.