Market Forecast By Type (Complex Fertilizer, Straight Fertilizer), By Crop Type (Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Commercial Crops And Others) By Regions (United States, Canada) And Competitive Landscape
Product Code: ETC055023 | Publication Date: May 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America fertilizer market is expected to witness significant growth over the upcoming years. North America is projected to be the second-largest customer of liquid fertilizers. In region, the United States, and Canada are the largest markets for liquid fertilizer, with the United States leading the market. In North American region, the lands are acidic and the use of nitrogen fertilizers helps in maintaining the desirable pH level of the soil, which is one of the key drivers for the growth of the fertilizer market. Among the different type of fertilizers used in the region, Urea is the most widely used fertilizer in the region as the source of Nitrogen. Additionally, the outbreak of coronavirus pandemic has negatively affected various industries. However, the fertilizer market demand was increased after the lockdown in the region.
According to 6Wresearch, North America Fertilizer Market size is anticipated to register significant growth during 2020-2026. The major driver of North America Fertilizers market is decreasing land availability. North America is the most emerged region all over the world as well as, the amount of cultivable land is very less. The population of the region is ever-growing, and the region needs to feed itself. This demands a higher rate of production per acre, paving the way for the use of Specialty Fertilizers. The main issue for the market in the region is the accumulation of salts in the soil. Although, comparatively more environment friendly as compared to normal fertilizers, most Specialty Fertilizers are salt-based and as such pose the risk of growing the salt content of the soil owing to extensive use. However, this could hamper the productivity of the soil.
Based on the type North America fertilizer market is categorized into straight and complex fertilizers. Further, based on crop type the market is segmented as grains and cereals, pulses and oilseeds, commercial crops, fruits and vegetable, and others. Furthermore, companies have been actively looking to expand their business by establishing new manufacturing units and by acquiring businesses or other companies involved in the business. For example, Nutrient limited has announced in 2018 that it is looking at expanding several nitrogen fertilizers plants in North America due to rising prices of nitrogen.
North America Fertilizer market report thoroughly covers the market by type, crop type and countries including the United States and Canada. North America Fertilizer Market outlook report provides an unbiased and detailed analysis of the on-going North America Fertilizer Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America fertilizer market is projected to gain momentum in the years ahead backed by an increase in the growth of the rising export of agricultural food. Moreover, the grains and cereals segments are estimated to gain traction in the coming timeframe underpinned by the rising human consumption and wide use of agricultural food in the industrial sector. Not only the human but the rising consumption of grain and cereals by animals as well. These factors are estimated to instigate crop harvesting and simultaneously increasing the use of fertilizers which is further proven beneficial in widening the market landscape in the entire region.
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. North America Fertilizer Market Overview |
3.1. North America Country Macro Economic Indicators |
3.2. North America Fertilizer Market Revenues, 2019 & 2026F |
3.3. North America Fertilizer Market - Industry Life Cycle |
3.4. North America Fertilizer Market - Porter's Five Forces |
3.5. North America Fertilizer Market Revenue Share, By Type, 2019 & 2026F |
3.6. North America Fertilizer Market Revenue Share, By Crop Type, 2019 & 2026F |
4. North America Fertilizer Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. North America Fertilizer Market Trends |
6. North America Fertilizer Market, By Type |
6.1. North America Fertilizer Market, By Type |
6.1.1. Overview and Analysis |
6.1.2. North America Fertilizer Market Revenues, By Straight Fertilizers, 2016 - 2026F |
6.1.3. North America Fertilizer Market Revenues, By Complex Fertilizers, 2016 - 2026F |
6.2. North America Fertilizer Market, By Crop Type |
6.2.1. Overview and Analysis |
6.2.2. North America Fertilizer Market Revenues, By Grains and Cereals, 2016 - 2026F |
6.2.3. North America Fertilizer Market Revenues, By Pulses and Oilseeds, 2016 - 2026F |
6.2.4. North America Fertilizer Market Revenues, By Commerical Crops, 2016 - 2026F |
6.2.5. North America Fertilizer Market Revenues, By Fruits and Vegetables, 2016 - 2026F |
6.2.6. North America Fertilizer Market Revenues, By Others, 2016 - 2026F |
7. United States Fertilizer Market |
7.1. United States Fertilizer Market, By Type |
7.1. United States Fertilizer Market, By Crop Type |
7.1. United States Fertilizer Market, By Regions |
8. Canada Fertilizer Market |
8.1. Canada Fertilizer Market, By Type |
8.1. Canada Fertilizer Market, By Crop Type |
8.1. Canada Fertilizer Market, By Regions |
9. North America Fertilizer Market Key Performance Indicators |
10. North America Fertilizer Market - Opportunity Assessment |
10.1. North America Fertilizer Market Opportunity Assessment, By Type, 2019 & 2026F |
10.2. North America Fertilizer Market Opportunity Assessment, By Crop Type, 2019 & 2026F |
11. North America Fertilizer Market - Competitive Landscape |
11.1. North America Fertilizer Market Revenue Share, By Companies, 2019 |
11.2. North America Fertilizer Market Competitive Benchmarking, By Operating and Technical Parameters |
12. Company Profiles |
13. Recommendations |
14. Disclaimer |