Secondary Macronutrients Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Nutrient (Calcium, Magnesium, Others), By Crop Type (Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Others), By Region and Competition, 2019-2029F
Global Secondary Macronutrients Market was valued at USD 37.65 billion in 2023 and is anticipated t%li%project robust growth in the forecast period with a CAGR of 3.68% through 2029.
Secondary macronutrients play a crucial role in plant cultivation, aiding distressed plants and promoting overall growth. These essential nutrients, including calcium (Ca), magnesium (Mg), and sulfur (S), have a lower requirement compared t%li%nitrogen, phosphorus, and potash, but are still more vital than micronutrients. Calcium facilitates nutrient absorption from the soil, magnesium acts as an enzyme activator, boosting growth, and sulfur protects leaves from premature aging and yellowing. The growth of the agriculture industry and the increasing popularity of macronutrients for healthy plant growth are the primary drivers of the secondary macronutrients market. The demand for high-value crops, such as fruits and vegetables, along with expanded applications for industrial crops, further accelerate market growth. The need t%li%enhance agricultural yield, driven by the growing global population and food requirements, als%li%contributes t%li%the market's growth. Globally, crop diversification offers several significant benefits. It can help farmers t%li%increase their crop yields by 14%, contributing t%li%higher agricultural productivity. Another, it als%li%enhances biodiversity by 24%, fostering a healthier and more resilient ecosystem. Crop diversification improves soil quality and reduces pest populations, leading t%li%more sustainable and efficient farming practices.
The pollutant resistance property offered by macronutrients t%li%plants increases their demand. The increasing awareness of the benefits of secondary macronutrients, coupled with limited arable land, positively impacts the secondary macronutrients market. Furthermore, the adoption of site-specific nutrient management through precision agriculture, the growing demand for industrial crops, and investments in agricultural operations in developing nations present lucrative opportunities for market players. On the other hand, the prevalence of forged products and limited availability of macronutrients in the market pose challenges t%li%market growth. The shift in regulatory frameworks towards environmentally friendly agricultural practices, along with a lack of awareness about the product, is expected t%li%hinder the secondary macronutrients market in the forecast period. Therefore, secondary macronutrients are essential for plant growth and offer numerous benefits t%li%the agriculture industry. Despite some challenges, the market is poised for growth due t%li%increasing demand, awareness, and investment in agricultural operations.
Key Market Drivers
Growing Emphasis on Soil Health
Secondary macronutrients, namely calcium (Ca), magnesium (Mg), and sulfur (S), are crucial for optimal plant growth and development. They play a vital role in various biological processes, including photosynthesis, enzyme activation, and cell division. Despite their significance, secondary macronutrients often take a backseat t%li%primary macronutrients such as nitrogen, phosphorus, and potassium. However, with increasing awareness of the importance of balanced nutrition for crops, secondary macronutrients have started gaining the attention they deserve. This shift in focus can be attributed t%li%the growing emphasis on maintaining soil health, as healthy soil forms the foundation of productive agriculture. Besides supporting plant growth, healthy soil facilitates water filtration, acts as a buffer against pollutants, and serves as a biodiversity hotspot. Achieving and maintaining soil health requires a balanced supply of both primary and secondary macronutrients.
As the global agricultural community becomes more enlightened about the crucial role of secondary macronutrients, the demand for these nutrients has witnessed a substantial increase. Farmers and agronomists now recognize that deficiencies in secondary macronutrients can lead t%li%decreased crop yield and compromised quality. Government initiatives worldwide are playing a pivotal role in promoting soil health and balanced fertilization. For instance, the United States Department of Agriculture (USDA) has implemented the Soil Health Initiative, aimed at educating farmers about the importance of soil health and its direct impact on crop productivity. Similarly, the European Union's 'Farm t%li%Fork' strategy is focused on reducing nutrient losses and ensuring balanced fertilization, thereby encouraging the use of secondary macronutrients.
Surge in Crop Diversification
Crop diversification, the practice of growing multiple crop species in the same area, is gaining popularity worldwide. It is seen as a crucial strategy t%li%secure the global food supply and build resilience against future shocks. By diversifying crops, farmers can reduce the risk of crop failure due t%li%pests, diseases, or adverse weather conditions. Additionally, crop diversification promotes sustainable agriculture by reducing the dependency on a single crop and minimizing the negative environmental impacts associated with monocultures.
Secondary macronutrients such as calcium, magnesium, sulfur, etc. play a pivotal role in supporting diversified cropping systems. Different crops have varying nutritional requirements, and secondary macronutrients are crucial in fulfilling these needs. Calcium, for example, is essential for strong cell walls and proper nutrient uptake in plants. Magnesium is a central component of chlorophyll, the pigment responsible for photosynthesis, while sulfur is necessary for protein synthesis and enzyme activity. These secondary macronutrients support vital plant functions such as photosynthesis, enzyme activation, and cell division, thereby contributing t%li%healthy and diverse crop production. As crop diversification often involves rotating different species in the same field at different times, the balanced supply of secondary macronutrients helps maintain soil health and fertility over time. By replenishing these secondary macronutrients, farmers can prevent nutrient imbalances and ensure optimal plant growth and productivity in their diversified cropping systems.
With the continued surge in crop diversification, the secondary macronutrients market is set for substantial growth. As farmers and agronomists increasingly recognize the importance of balanced plant nutrition for diverse crops, the demand for secondary macronutrients is expected t%li%rise. This presents an opportunity for manufacturers and suppliers of secondary macronutrients t%li%meet the growing needs of farmers worldwide, contributing t%li%sustainable and resilient agricultural practices.
Key Market Challenges
Surge in Environmental Concerns
While secondary macronutrients are vital for plant health, their overuse and misuse can lead t%li%severe environmental issues. Excessive application of these nutrients can cause nutrient runoff int%li%water bodies, leading t%li%eutrophication, a process where water bodies become overly enriched with nutrients, causing algal blooms that deplete oxygen and harm aquatic life. The production of these macronutrients often involves energy-intensive processes, contributing t%li%greenhouse gas emissions and global warming. As we strive for more sustainable agricultural practices, finding eco-friendly alternatives for secondary macronutrients becomes imperative.
In response t%li%these environmental concerns, regulatory bodies worldwide have implemented stringent regulations on nutrient management. For instance, the European Union's Nitrates Directive aims t%li%protect water quality by preventing nitrates from agricultural sources from polluting ground and surface water. These regulations pose a challenge t%li%the secondary macronutrients market as they require manufacturers and farmers t%li%adopt sustainable practices, which may involve additional costs and complexity. However, such challenges als%li%present opportunities for innovation. Many companies are now focusing on developing eco-friendly macronutrient products. For instance, some are exploring the use of organic waste as a source of secondary macronutrients. By repurposing waste materials, we not only reduce environmental impact but als%li%create a circular economy where resources are maximized, and waste is minimized.
Key Market Trends
Growing Focus on Sustainable Agriculture
Sustainable agriculture is an approach that aims t%li%ensure that the current food and textile requirements of society are met, while als%li%safeguarding the ability of future generations t%li%meet their own needs. It encompasses three key objectives: maintaining environmental health, ensuring economic profitability, and promoting social and economic equity. In the context of sustainable agriculture, secondary macronutrients play a crucial role. These nutrients are essential for promoting plant health and productivity, thereby contributing t%li%the economic viability of farming practices. Moreover, their balanced application can effectively prevent soil degradation and nutrient runoff, thus supporting overall environmental health.
As the global community becomes increasingly aware of the environmental impacts associated with conventional farming methods, there is a growing trend towards adopting sustainable agricultural practices. This shift in mindset is evident in the rising demand for secondary macronutrients that support sustainable agriculture. Farmers are recognizing the importance of balanced fertilization, which involves providing plants with appropriate quantities of all necessary nutrients, including secondary macronutrients. This holistic approach not only enhances crop yield and quality but als%li%minimizes potential harm t%li%the environment. By prioritizing sustainable practices and focusing on the precise nutrient requirements of crops, farmers can contribute t%li%a more resilient and environmentally conscious agricultural system.
Segmental Insights
Nutrient Insights
Based on the nutrient, the calcium segment emerged as the dominant segment in the global market for secondary macronutrients in 2023. Calcium plays a crucial role in plant growth by providing structural support t%li%cell walls. Additionally, it acts as a secondary messenger in response t%li%physical or biochemical stress experienced by plants. In Mississippi soils, calcium deficiencies are rare, especially in soils with favorable pH levels. However, acid soils with calcium contents of 500 pounds per acre or less may be deficient in calcium, particularly for legumes such as peanuts, alfalfa, clovers, and soybeans.
At this level of deficiency, even limited root system crops like tomatoes, peppers, and cucurbits may require additional calcium. Peanuts, in particular, benefit from soluble calcium during pegging time, while peppers and tomatoes rely on it t%li%prevent blossom end rot. It's important t%li%note that available calcium can be lost from the soil through various means, including dissolution and removal in drainage water, uptake by plants, absorption by soil organisms, leaching in rainwater, or absorption by clay particles.
Regional Insights
Asia Pacific emerged as the dominant region in the Global Secondary Macronutrients Market in 2023, holding the largest market share in terms of value. Countries such as India and China play a significant role in the agricultural landscape of the Asia Pacific region. They are major producers of key crops including rice, sugar beet, fruits & vegetables, cereals, and grains. It is noteworthy that the region itself consumes a staggering 90% of the global rice production.
In addition, the demand for the Secondary Macronutrients market in Asia Pacific is substantial. This is primarily driven by the direct use of micronutrients t%li%address plant deficiencies, often through spraying in combination or as additives. Micronutrients are crucial elements that are required by plants in small quantities. While crop uptake of micronutrients is typically less than one pound per acre, their availability is essential for critical plant functions. In the absence of sufficient micronutrients, plants may exhibit abnormalities, experience reduced growth, and ultimately yield lower harvests.
Key Market Players
In this report, the Global Secondary Macronutrients Market has been segmented int%li%the following categories, in addition t%li%the industry trends which have als%li%been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Secondary Macronutrients Market.
Available Customizations:
Global Secondary Macronutrients Market report with the given market data, Tech Sci Research offers customizations according t%li%a company's specific needs. The following customization options are available for the report:
Company Information
Secondary macronutrients play a crucial role in plant cultivation, aiding distressed plants and promoting overall growth. These essential nutrients, including calcium (Ca), magnesium (Mg), and sulfur (S), have a lower requirement compared t%li%nitrogen, phosphorus, and potash, but are still more vital than micronutrients. Calcium facilitates nutrient absorption from the soil, magnesium acts as an enzyme activator, boosting growth, and sulfur protects leaves from premature aging and yellowing. The growth of the agriculture industry and the increasing popularity of macronutrients for healthy plant growth are the primary drivers of the secondary macronutrients market. The demand for high-value crops, such as fruits and vegetables, along with expanded applications for industrial crops, further accelerate market growth. The need t%li%enhance agricultural yield, driven by the growing global population and food requirements, als%li%contributes t%li%the market's growth. Globally, crop diversification offers several significant benefits. It can help farmers t%li%increase their crop yields by 14%, contributing t%li%higher agricultural productivity. Another, it als%li%enhances biodiversity by 24%, fostering a healthier and more resilient ecosystem. Crop diversification improves soil quality and reduces pest populations, leading t%li%more sustainable and efficient farming practices.
The pollutant resistance property offered by macronutrients t%li%plants increases their demand. The increasing awareness of the benefits of secondary macronutrients, coupled with limited arable land, positively impacts the secondary macronutrients market. Furthermore, the adoption of site-specific nutrient management through precision agriculture, the growing demand for industrial crops, and investments in agricultural operations in developing nations present lucrative opportunities for market players. On the other hand, the prevalence of forged products and limited availability of macronutrients in the market pose challenges t%li%market growth. The shift in regulatory frameworks towards environmentally friendly agricultural practices, along with a lack of awareness about the product, is expected t%li%hinder the secondary macronutrients market in the forecast period. Therefore, secondary macronutrients are essential for plant growth and offer numerous benefits t%li%the agriculture industry. Despite some challenges, the market is poised for growth due t%li%increasing demand, awareness, and investment in agricultural operations.
Key Market Drivers
Growing Emphasis on Soil Health
Secondary macronutrients, namely calcium (Ca), magnesium (Mg), and sulfur (S), are crucial for optimal plant growth and development. They play a vital role in various biological processes, including photosynthesis, enzyme activation, and cell division. Despite their significance, secondary macronutrients often take a backseat t%li%primary macronutrients such as nitrogen, phosphorus, and potassium. However, with increasing awareness of the importance of balanced nutrition for crops, secondary macronutrients have started gaining the attention they deserve. This shift in focus can be attributed t%li%the growing emphasis on maintaining soil health, as healthy soil forms the foundation of productive agriculture. Besides supporting plant growth, healthy soil facilitates water filtration, acts as a buffer against pollutants, and serves as a biodiversity hotspot. Achieving and maintaining soil health requires a balanced supply of both primary and secondary macronutrients.
As the global agricultural community becomes more enlightened about the crucial role of secondary macronutrients, the demand for these nutrients has witnessed a substantial increase. Farmers and agronomists now recognize that deficiencies in secondary macronutrients can lead t%li%decreased crop yield and compromised quality. Government initiatives worldwide are playing a pivotal role in promoting soil health and balanced fertilization. For instance, the United States Department of Agriculture (USDA) has implemented the Soil Health Initiative, aimed at educating farmers about the importance of soil health and its direct impact on crop productivity. Similarly, the European Union's 'Farm t%li%Fork' strategy is focused on reducing nutrient losses and ensuring balanced fertilization, thereby encouraging the use of secondary macronutrients.
Surge in Crop Diversification
Crop diversification, the practice of growing multiple crop species in the same area, is gaining popularity worldwide. It is seen as a crucial strategy t%li%secure the global food supply and build resilience against future shocks. By diversifying crops, farmers can reduce the risk of crop failure due t%li%pests, diseases, or adverse weather conditions. Additionally, crop diversification promotes sustainable agriculture by reducing the dependency on a single crop and minimizing the negative environmental impacts associated with monocultures.
Secondary macronutrients such as calcium, magnesium, sulfur, etc. play a pivotal role in supporting diversified cropping systems. Different crops have varying nutritional requirements, and secondary macronutrients are crucial in fulfilling these needs. Calcium, for example, is essential for strong cell walls and proper nutrient uptake in plants. Magnesium is a central component of chlorophyll, the pigment responsible for photosynthesis, while sulfur is necessary for protein synthesis and enzyme activity. These secondary macronutrients support vital plant functions such as photosynthesis, enzyme activation, and cell division, thereby contributing t%li%healthy and diverse crop production. As crop diversification often involves rotating different species in the same field at different times, the balanced supply of secondary macronutrients helps maintain soil health and fertility over time. By replenishing these secondary macronutrients, farmers can prevent nutrient imbalances and ensure optimal plant growth and productivity in their diversified cropping systems.
With the continued surge in crop diversification, the secondary macronutrients market is set for substantial growth. As farmers and agronomists increasingly recognize the importance of balanced plant nutrition for diverse crops, the demand for secondary macronutrients is expected t%li%rise. This presents an opportunity for manufacturers and suppliers of secondary macronutrients t%li%meet the growing needs of farmers worldwide, contributing t%li%sustainable and resilient agricultural practices.
Key Market Challenges
Surge in Environmental Concerns
While secondary macronutrients are vital for plant health, their overuse and misuse can lead t%li%severe environmental issues. Excessive application of these nutrients can cause nutrient runoff int%li%water bodies, leading t%li%eutrophication, a process where water bodies become overly enriched with nutrients, causing algal blooms that deplete oxygen and harm aquatic life. The production of these macronutrients often involves energy-intensive processes, contributing t%li%greenhouse gas emissions and global warming. As we strive for more sustainable agricultural practices, finding eco-friendly alternatives for secondary macronutrients becomes imperative.
In response t%li%these environmental concerns, regulatory bodies worldwide have implemented stringent regulations on nutrient management. For instance, the European Union's Nitrates Directive aims t%li%protect water quality by preventing nitrates from agricultural sources from polluting ground and surface water. These regulations pose a challenge t%li%the secondary macronutrients market as they require manufacturers and farmers t%li%adopt sustainable practices, which may involve additional costs and complexity. However, such challenges als%li%present opportunities for innovation. Many companies are now focusing on developing eco-friendly macronutrient products. For instance, some are exploring the use of organic waste as a source of secondary macronutrients. By repurposing waste materials, we not only reduce environmental impact but als%li%create a circular economy where resources are maximized, and waste is minimized.
Key Market Trends
Growing Focus on Sustainable Agriculture
Sustainable agriculture is an approach that aims t%li%ensure that the current food and textile requirements of society are met, while als%li%safeguarding the ability of future generations t%li%meet their own needs. It encompasses three key objectives: maintaining environmental health, ensuring economic profitability, and promoting social and economic equity. In the context of sustainable agriculture, secondary macronutrients play a crucial role. These nutrients are essential for promoting plant health and productivity, thereby contributing t%li%the economic viability of farming practices. Moreover, their balanced application can effectively prevent soil degradation and nutrient runoff, thus supporting overall environmental health.
As the global community becomes increasingly aware of the environmental impacts associated with conventional farming methods, there is a growing trend towards adopting sustainable agricultural practices. This shift in mindset is evident in the rising demand for secondary macronutrients that support sustainable agriculture. Farmers are recognizing the importance of balanced fertilization, which involves providing plants with appropriate quantities of all necessary nutrients, including secondary macronutrients. This holistic approach not only enhances crop yield and quality but als%li%minimizes potential harm t%li%the environment. By prioritizing sustainable practices and focusing on the precise nutrient requirements of crops, farmers can contribute t%li%a more resilient and environmentally conscious agricultural system.
Segmental Insights
Nutrient Insights
Based on the nutrient, the calcium segment emerged as the dominant segment in the global market for secondary macronutrients in 2023. Calcium plays a crucial role in plant growth by providing structural support t%li%cell walls. Additionally, it acts as a secondary messenger in response t%li%physical or biochemical stress experienced by plants. In Mississippi soils, calcium deficiencies are rare, especially in soils with favorable pH levels. However, acid soils with calcium contents of 500 pounds per acre or less may be deficient in calcium, particularly for legumes such as peanuts, alfalfa, clovers, and soybeans.
At this level of deficiency, even limited root system crops like tomatoes, peppers, and cucurbits may require additional calcium. Peanuts, in particular, benefit from soluble calcium during pegging time, while peppers and tomatoes rely on it t%li%prevent blossom end rot. It's important t%li%note that available calcium can be lost from the soil through various means, including dissolution and removal in drainage water, uptake by plants, absorption by soil organisms, leaching in rainwater, or absorption by clay particles.
Regional Insights
Asia Pacific emerged as the dominant region in the Global Secondary Macronutrients Market in 2023, holding the largest market share in terms of value. Countries such as India and China play a significant role in the agricultural landscape of the Asia Pacific region. They are major producers of key crops including rice, sugar beet, fruits & vegetables, cereals, and grains. It is noteworthy that the region itself consumes a staggering 90% of the global rice production.
In addition, the demand for the Secondary Macronutrients market in Asia Pacific is substantial. This is primarily driven by the direct use of micronutrients t%li%address plant deficiencies, often through spraying in combination or as additives. Micronutrients are crucial elements that are required by plants in small quantities. While crop uptake of micronutrients is typically less than one pound per acre, their availability is essential for critical plant functions. In the absence of sufficient micronutrients, plants may exhibit abnormalities, experience reduced growth, and ultimately yield lower harvests.
Key Market Players
- Nutrien Ltd
- Yara International ASA
- The Mosaic Company
- Israel Chemicals Ltd
- K+S Aktiengesellschaft AG
- Nufarm Ltd
- Southern Petrochemical Industries Corp Ltd
- Koch Industries Inc
- Coromandel International Ltd
- Deepak Fertilisers and Petrochemicals Corporation Ltd
In this report, the Global Secondary Macronutrients Market has been segmented int%li%the following categories, in addition t%li%the industry trends which have als%li%been detailed below:
- Secondary Macronutrients Market, By Nutrient:
- Calcium
- Magnesium
- Others
- Secondary Macronutrients Market, By Crop Type:
- Cereals And Grains
- Oilseeds And Pulses
- Fruits And Vegetables
- Others
- Secondary Macronutrients Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Company Profiles: Detailed analysis of the major companies present in the Global Secondary Macronutrients Market.
Available Customizations:
Global Secondary Macronutrients Market report with the given market data, Tech Sci Research offers customizations according t%li%a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up t%li%five).
1. PRODUCT OVERVIEW
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. IMPACT OF COVID-19 ON GLOBAL SECONDARY MACRONUTRIENTS MARKET
5. GLOBAL SECONDARY MACRONUTRIENTS MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Nutrient (Calcium, Magnesium, Others)
5.2.2. By Crop Type (Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Others)
5.2.3. By Region
5.2.4. By Company (2023)
5.3. Market Map
6. ASIA PACIFIC SECONDARY MACRONUTRIENTS MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Nutrient
6.2.2. By Crop Type
6.2.3. By Country
6.3. Asia Pacific: Country Analysis
6.3.1. China Secondary Macronutrients Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Nutrient
6.3.1.2.2. By Crop Type
6.3.2. India Secondary Macronutrients Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Nutrient
6.3.2.2.2. By Crop Type
6.3.3. Australia Secondary Macronutrients Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Nutrient
6.3.3.2.2. By Crop Type
6.3.4. Japan Secondary Macronutrients Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Nutrient
6.3.4.2.2. By Crop Type
6.3.5. South Korea Secondary Macronutrients Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Nutrient
6.3.5.2.2. By Crop Type
7. EUROPE SECONDARY MACRONUTRIENTS MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Nutrient
7.2.2. By Crop Type
7.2.3. By Country
7.3. Europe: Country Analysis
7.3.1. France Secondary Macronutrients Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Nutrient
7.3.1.2.2. By Crop Type
7.3.2. Germany Secondary Macronutrients Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Nutrient
7.3.2.2.2. By Crop Type
7.3.3. Spain Secondary Macronutrients Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Nutrient
7.3.3.2.2. By Crop Type
7.3.4. Italy Secondary Macronutrients Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Nutrient
7.3.4.2.2. By Crop Type
7.3.5. United Kingdom Secondary Macronutrients Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Nutrient
7.3.5.2.2. By Crop Type
8. NORTH AMERICA SECONDARY MACRONUTRIENTS MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Nutrient
8.2.2. By Crop Type
8.2.3. By Country
8.3. North America: Country Analysis
8.3.1. United States Secondary Macronutrients Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Nutrient
8.3.1.2.2. By Crop Type
8.3.2. Mexico Secondary Macronutrients Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Nutrient
8.3.2.2.2. By Crop Type
8.3.3. Canada Secondary Macronutrients Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Nutrient
8.3.3.2.2. By Crop Type
9. SOUTH AMERICA SECONDARY MACRONUTRIENTS MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Nutrient
9.2.2. By Crop Type
9.2.3. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Secondary Macronutrients Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Nutrient
9.3.1.2.2. By Crop Type
9.3.2. Argentina Secondary Macronutrients Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Nutrient
9.3.2.2.2. By Crop Type
9.3.3. Colombia Secondary Macronutrients Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Nutrient
9.3.3.2.2. By Crop Type
10. MIDDLE EAST AND AFRICA SECONDARY MACRONUTRIENTS MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Nutrient
10.2.2. By Crop Type
10.2.3. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Secondary Macronutrients Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Nutrient
10.3.1.2.2. By Crop Type
10.3.2. Saudi Arabia Secondary Macronutrients Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Nutrient
10.3.2.2.2. By Crop Type
10.3.3. UAE Secondary Macronutrients Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Nutrient
10.3.3.2.2. By Crop Type
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
12.1. Recent Developments
12.2. Product Launches
12.3. Mergers & Acquisitions
13. GLOBAL SECONDARY MACRONUTRIENTS MARKET: SWOT ANALYSIS
14. PORTER’S FIVE FORCES ANALYSIS
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Product
15. PESTLE ANALYSIS
16. COMPETITIVE LANDSCAPE
16.1. Nutrien Ltd
16.1.1. Business Overview
16.1.2. Company Snapshot
16.1.3. Products & Services
16.1.4. Financials (As Reported)
16.1.5. Recent Developments
16.2. Yara International ASA
16.3. The Mosaic Company
16.4. Israel Chemicals Ltd
16.5. K+S Aktiengesellschaft AG
16.6. Nufarm Ltd
16.7. Southern Petrochemical Industries Corp Ltd
16.8. Koch Industries Inc
16.9. Coromandel International Ltd
16.10. Deepak Fertilisers and Petrochemicals Corporation Ltd
17. STRATEGIC RECOMMENDATIONS
18. ABOUT US & DISCLAIMER
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. IMPACT OF COVID-19 ON GLOBAL SECONDARY MACRONUTRIENTS MARKET
5. GLOBAL SECONDARY MACRONUTRIENTS MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Nutrient (Calcium, Magnesium, Others)
5.2.2. By Crop Type (Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Others)
5.2.3. By Region
5.2.4. By Company (2023)
5.3. Market Map
6. ASIA PACIFIC SECONDARY MACRONUTRIENTS MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Nutrient
6.2.2. By Crop Type
6.2.3. By Country
6.3. Asia Pacific: Country Analysis
6.3.1. China Secondary Macronutrients Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Nutrient
6.3.1.2.2. By Crop Type
6.3.2. India Secondary Macronutrients Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Nutrient
6.3.2.2.2. By Crop Type
6.3.3. Australia Secondary Macronutrients Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Nutrient
6.3.3.2.2. By Crop Type
6.3.4. Japan Secondary Macronutrients Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Nutrient
6.3.4.2.2. By Crop Type
6.3.5. South Korea Secondary Macronutrients Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Nutrient
6.3.5.2.2. By Crop Type
7. EUROPE SECONDARY MACRONUTRIENTS MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Nutrient
7.2.2. By Crop Type
7.2.3. By Country
7.3. Europe: Country Analysis
7.3.1. France Secondary Macronutrients Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Nutrient
7.3.1.2.2. By Crop Type
7.3.2. Germany Secondary Macronutrients Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Nutrient
7.3.2.2.2. By Crop Type
7.3.3. Spain Secondary Macronutrients Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Nutrient
7.3.3.2.2. By Crop Type
7.3.4. Italy Secondary Macronutrients Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Nutrient
7.3.4.2.2. By Crop Type
7.3.5. United Kingdom Secondary Macronutrients Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Nutrient
7.3.5.2.2. By Crop Type
8. NORTH AMERICA SECONDARY MACRONUTRIENTS MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Nutrient
8.2.2. By Crop Type
8.2.3. By Country
8.3. North America: Country Analysis
8.3.1. United States Secondary Macronutrients Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Nutrient
8.3.1.2.2. By Crop Type
8.3.2. Mexico Secondary Macronutrients Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Nutrient
8.3.2.2.2. By Crop Type
8.3.3. Canada Secondary Macronutrients Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Nutrient
8.3.3.2.2. By Crop Type
9. SOUTH AMERICA SECONDARY MACRONUTRIENTS MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Nutrient
9.2.2. By Crop Type
9.2.3. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Secondary Macronutrients Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Nutrient
9.3.1.2.2. By Crop Type
9.3.2. Argentina Secondary Macronutrients Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Nutrient
9.3.2.2.2. By Crop Type
9.3.3. Colombia Secondary Macronutrients Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Nutrient
9.3.3.2.2. By Crop Type
10. MIDDLE EAST AND AFRICA SECONDARY MACRONUTRIENTS MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Nutrient
10.2.2. By Crop Type
10.2.3. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Secondary Macronutrients Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Nutrient
10.3.1.2.2. By Crop Type
10.3.2. Saudi Arabia Secondary Macronutrients Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Nutrient
10.3.2.2.2. By Crop Type
10.3.3. UAE Secondary Macronutrients Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Nutrient
10.3.3.2.2. By Crop Type
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
12.1. Recent Developments
12.2. Product Launches
12.3. Mergers & Acquisitions
13. GLOBAL SECONDARY MACRONUTRIENTS MARKET: SWOT ANALYSIS
14. PORTER’S FIVE FORCES ANALYSIS
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Product
15. PESTLE ANALYSIS
16. COMPETITIVE LANDSCAPE
16.1. Nutrien Ltd
16.1.1. Business Overview
16.1.2. Company Snapshot
16.1.3. Products & Services
16.1.4. Financials (As Reported)
16.1.5. Recent Developments
16.2. Yara International ASA
16.3. The Mosaic Company
16.4. Israel Chemicals Ltd
16.5. K+S Aktiengesellschaft AG
16.6. Nufarm Ltd
16.7. Southern Petrochemical Industries Corp Ltd
16.8. Koch Industries Inc
16.9. Coromandel International Ltd
16.10. Deepak Fertilisers and Petrochemicals Corporation Ltd
17. STRATEGIC RECOMMENDATIONS
18. ABOUT US & DISCLAIMER
