About Agricultural Secondary Nutrients-
Agricultural Secondary nutrients are nutrients that slightly limit crop growth and are moderately required by plants Agricultural Secondary Nutrients are the Nutrients that are required by plants and crops in lesser quantities than the primary nutrients. However, they too control major plant functions such as chlorophyll formation, protein synthesis, etc. Agricultural secondary nutrients ensure soil fertility and high yielding crops.
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The market for Agricultural Secondary Nutrients is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Agricultural Secondary Nutrients- market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ICL Group Ltd. (Israel), SPIC (India), AgroLiquid (United States), Nufarm (Australia), The Mosaic Company (United States), Nutrien (Canada), Yara International (Norway), Smartchem Technologies (India), Plant Food Company (United States) and BMS Micro-Nutrients NV (Belgium) are some of the key players that are part of study coverage.
AMA Research has segmented the market of Global Agricultural Secondary Nutrients- market by Type (Calcium (Ca), Magnesium (Mg) and Sulfur (S)), Application (Chlorophyll Formation in Crops and Protein Synthesis) and Region.
On the basis of geography, the market of Agricultural Secondary Nutrients- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Agricultural Secondary Nutrients- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Commercial will boost the Agricultural Secondary Nutrients- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Innovation of New Multi-Nutrient Polysulphate
Market Growth Drivers:
Rising Demand Better Crop Production, Demand In Prevention Of Sulfur Deficiency, Stunted Growth, And Reduced Yields and Rising Demand in Gardens and Nurseries
Market Availability of other Fertilizers as a Substitute, Lack of Standardization associated with Agricultural Secondary Nutrients and Government Regulations Associated with the Use of Agricultural Secondary Nutrients
Higher Price than Primary Nutrients, Excess amount of Secondary Nutrients Harmful for Plant and Hazardous Chemicals in Secondary Nutrients Leads to Health Issues
Continuous Growth in Agricultural Sector and Growing Chemical Engineering and Infrastructure
Market Leaders and their expansionary development strategies
On 23 November 2021 Smartchem Technologies Limited (STL), a wholly-owned subsidiary of Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL), announced the formal launch of its innovative fertilizer – ‘CROPTEK’ for onion growers under its flagship brand Mahadhan. STL is one of India’s leading manufacturers of Nitro-Phosphate Fertiliser and Bentonite Sulphur and the market leader in the water-soluble and speciality fertilizer category.
Fertilizers (essential plant nutrients) and supplements (products other than fertilizers that improve the physical condition of the soil or aid plant growth or crop yield) when imported into or sold in Canada are regulated under the authority of the federal Fertilizers Act and regulations administered by the Canadian Food Inspection Agency (CFIA). The Fertilizers Act and regulations require that all regulated products be safe with respect to human, animal and plant health and the environment and properly labelled to avoid misrepresentation in the marketplace.
Key Target AudienceAgricultural Secondary Nutrients Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.