(Food-Beverage-News.Com, October 27, 2017 ) As per the report Starter Fertilizers Market By Nutrient Component (Nitrogen, Phosphorous, Potassium And Micro Nutrients) By Form (Dry And Liquid) By Crop Type (Cereals, Fruits & Vegetables, Forage & Turf Grasses) By Method Of Application (In-Furrow, Fertigation, Foliar And Other Methods) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (20162021) published by Market Data Forecast, this Market was worth $6.63 billion in 2016 and estimated to be growing at a CAGR of 4.04%, to reach $8.08 billion by 2021.
Global Starter Fertilizers Market Segmentation: By Nutrient Component: Introduction, Nitrogen, Phosphorous, Potassium and Micro Nutrients By Form: Dry Form and Liquid Form By Crop Type: Introduction, Cereals, Fruits & Vegetables and Forage & Turf Grasses By Mode of Application: Introduction, In-Furrow, Fertigation, Foliar and Other Methods By Geography: North America, Europe, APAC, Latin America and Middle East & Africa
Key Findings of the study: Global Starter Fertilizers Market will reach USD 8.08 billion by 2021 Rapid increase in demand for efficient fertilizers and adoption of new farming practices are some of the major factors which drive the growth of market for Starter Fertilizers. To supply for the global food requirements, increase in need for methods which increase the agricultural output led to the increase in demand for starter fertilizers. Ever growing concerns for environmental degradation, lack of adequate knowledge among the farmers are some factors that restrict the market growth. North America led the Starter fertilizers market across the globe with its largest share in the market. This is due to the improved technologies in fertilizer application to enhance the production of cereals, food & vegetables. Asia-Pacific is the fastest growing market in Starter fertilizers market due to its huge customer base. Countries like India and China are adopting starter fertilizers at a rapid pace. Major operating players in the global starter fertilizers market are Stoller USA Inc., The Scotts Miracle-Gro Company, Conklin Company Partners Inc., Yara International ASA, CHS Inc., Agrium Inc., Helena Chemical Company, Miller Seed Company and Nachurs Alpine Solution.
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