The Business Research Company’s report on the Starter Fertilizers Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the starter fertilizers market further?
The growing demand for food is expected to drive the growth of the starter fertilizers market going forward. Starter fertilizers are applied for crops as they are beneficial for enhancing the development of emerging seedlings by supplying essential nutrients in accessible locations near the roots, increasing nutrient intake effectiveness, minimizing nutrient losses to the environment, and enhancing the general health and vigor of crops, and thereby increases the food productivity. For instance, in October 2024, the World Bank Group, a US-based International Trade and Development organization, projected that the global population will reach 10 billion by 2050. This increase will necessitate a 60% rise in food production to meet growing demand while facing the challenges posed by accelerating climate change. Therefore, the growing demand for food drives the starter fertilizers market.
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What are the key factors influencing the forecasted market size of the starter fertilizers industry?
The starter fertilizers market size has grown steadily in recent years. It will grow from$8.09 billion in 2024 to $8.41 billion in 2025 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to crop yield improvement goals, efforts to reduce environmental impact, focus on sustainable agriculture, expansion of commercial farming practices, government support and subsidies
The starter fertilizers market size is expected to see strong growth in the next few years. It will grow to “$10.51 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increasing demand for specialty crops, bio-based and organic starter fertilizer solutions, climate change adaptation strategies, increased focus on nutrient use efficiency, adoption of liquid starter fertilizers. Major trends in the forecast period include customized formulations for crops, use of controlled-release technologies, integration of biostimulants, emphasis on seed coating technologies, digital solutions for nutrient management.
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Who are the leading competitors in the starter fertilizers market?
Major companies operating in the starter fertilizers market include Yara International ASA, Miller Seed Company, Alpine Plant Foods Corporation, Conklin Company Partners Inc., The Scotts Miracle-Gro Company, Stoller USA Inc., Helena Agri-Enterprises LLC, Bayer AG, BASF SE, Compass Minerals International Inc., Syngenta Crop Protection AG, ADAMA Ltd., Sumitomo Chemicals Co. Ltd., Nufarm limited, UPL Limited, K+S AG, ICL Group Ltd., Agrium Inc., EC Grow Inc., Nutrien Ltd., CF Industries Holdings Inc., The Mosaic Company, Haifa Chemicals Ltd., EuroChem Group AG, Israel Chemicals Ltd., Wilbur-Ellis Holdings Inc., Coromandel International Limited, Deepak Fertilisers and Petrochemicals Corporation Limited, KeyPlex LLC, Nachurs Alpine Solutions, Kellogg Garden Products
Which emerging trends are set to transform the starter fertilizers market landscape?
Product innovation is a key trend gaining popularity in the starter fertilizers market. Major companies operating in the starter fertilizers market are focused on developing innovative products to strengthen their position and gain a competitive advantage. For instance, in January 2023, Archer-Daniels-Midland Company, a US-based fertilizer manufacturer, launched a new crop biostimulant named NeoVita™ 43. This new biostimulant boosts corn yields by improving nutrient use efficiency. In multiyear trials conducted at the University of Illinois at Urbana-Champaign, the NeoVitaTM 43 biostimulant boosted maize yields by up to seven bushels per acre when combined with liquid starter fertilizer. NeoVita 43 is made to closely resemble the root exudate of plants, which encourages soil microbial activity to encourage nutrient availability and uptake by plants. growth plants can boost nutrient uptake and get off to a stronger start by having these essential nutrients available to the soil microbiome earlier in the growth season. This can result in higher yields.
How do different geographies compare in terms of market share and growth potential in the starter fertilizers market?
North America was the largest region in the starter fertilizers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global starter fertilizers market during the forecast period. The regions covered in the starter fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the starter fertilizers market are experiencing the fastest growth?
The starter fertilizers market covered in this report is segmented –
1) By Type: Synthetic, Organic
2) By Form: Dry, Liquid
3) By Nutrient: Nitrogen Starter Fertilizer, Phosphorous Starter Fertilizer, Potassium, Micronutrients
4) By Crop: Cereals, Fruits And Vegetables, Forage And Turf Grasses
5) By Application: In-Furrow, Fertigation, Foliar, Other Applications
Subsegments:
1) By Synthetic: Granular Synthetic Fertilizers, Liquid Synthetic Fertilizers, Controlled-Release Synthetic Fertilizers
2) By Organic: Animal Manure, Compost, Plant-Based Fertilizers, Other Organic Fertilizers
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How is the starter fertilizers market defined, and what are its core characteristics?
Starter fertilizers are a type of fertilizer that is applied near the seed to provide the seedling with the necessary nutrients for early growth. They are typically high-quality fertilizers that contain the nutrients most required by the seedlings. These can provide several benefits for crops, including maximizing crop yield potential, promoting early growth, and improving plant stand uniformity.
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