Market Size of EMEA Secondary Macronutrients Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.23 Billion |
| Market Size (2029) | USD 5.20 Billion |
| CAGR (2024 - 2029) | 4.20 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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EMEA Secondary Macronutrients Market Analysis
The EMEA Secondary Macronutrients Market size is estimated at USD 4.23 billion in 2024, and is expected to reach USD 5.20 billion by 2029, growing at a CAGR of 4.20% during the forecast period (2024-2029).
The COVID-19 pandemic had a slight negative impact on the market due to various restrictions imposed by the government. During COVID, on the supply side, just like the demand, the logistical issues impacted the runs heavily. For instance, countries in West Africa depend on fertilizer imports from Russia and Belarus, and disruption in supplies from these countries consequently resulted in higher prices.
The secondary macronutrient type includes magnesium (Mg), sulfur (S), and calcium (Ca). The absence of these secondary nutrients stunts the growth of crops. Thus, manufacturers are utilizing secondary nutrient fertilizer that provides flexible options for applications, including pre-plant, starter, side-dress, and fertigation. Consequently, this factor is driving the demand among the farmers in the EMEA region for better crop production. Further, the increase in cereals, fruits, and vegetable production coupled with the growing health awareness in the EMEA countries are also contributing to the market growth.
Among the various macronutrients present in Africa, calcium is anticipated to register the fastest growth owing to the growing use of calcium in plants in their developing stage. The usage of calcium helps improve the health of the soil and enhances its nutrient intake of the soil. As well the use of calcium also ensures faster and greater root mass and better growth of plants.
The active participation of various key players in the are enhancing their existing product line by blending elemental sulfur, calcium, and magnesium with other fertilizers to improve the yield of the resulting blended fertilizers is expected to accelerate the adoption of secondary macronutrients in the region.
