Market Size of europe specialty fertilizer Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2030 | |
Market Size (2024) | USD 6.88 Billion | |
Market Size (2030) | USD 9.65 Billion | |
Largest Share by Speciality Type | Water Soluble | |
CAGR (2024 - 2030) | 5.80 % | |
Largest Share by Country | France | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Specialty Fertilizer Market Analysis
The Europe Specialty Fertilizer Market size is estimated at USD 6.88 billion in 2024, and is expected to reach USD 9.65 billion by 2030, growing at a CAGR of 5.80% during the forecast period (2024-2030).
- Largest segment by Speciality Type - Water Soluble : The watersoluble fertilizer absorption rate is more than double compared to conventional fertilizers reaching an efficiency of about 80-90% and reducing total fertilizer use.
- Fastest growing by Speciality Type - SRF : Slow Release Fertilizers are affective in constant nutrient supply to plants.Single application can provide nutrition to the crop throughout the season based on climate.
- Largest Segment by Crop Type - Turf & Ornamental : As the turf & ornamentals must be maintained round the year, they utilize the specialty fertilizers more to reduce the effort and ease the fertilizer application.
- Largest segment by Country - France : Need for high productivity on the available land to meet the growing demand for food which is attributed to growing population.It accounts for about 4.46% of Europe crop area.