Market Size of russia specialty fertilizer Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2030 | |
Market Size (2024) | USD 1.03 Billion | |
Market Size (2030) | USD 1.54 Billion | |
Largest Share by Speciality Type | Water Soluble | |
CAGR (2024 - 2030) | 6.93 % | |
Fastest Growing by Speciality Type | SRF | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Russia Specialty Fertilizer Market Analysis
The Russia Specialty Fertilizer Market size is estimated at USD 1.03 billion in 2024, and is expected to reach USD 1.54 billion by 2030, growing at a CAGR of 6.93% during the forecast period (2024-2030).
- Largest segment by Speciality Type - Water Soluble : They provide wide-range of nutrient grades and different methods of application available such as foliar, fertigation and soil application depending on requirement.
- 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 - Horticultural Crops : horticulture crops are cultivated year-round and have better irrigation systems like sprinkler and drip irrigation, which continue to require specialty fertilizers.
- Largest segment by Application Mode - Fertigation : It has numerous advantages like increased fertilizer absorption, reduced wastage and nutrient losses, reduce labor costs, and easiness of fertilizer application.