Secondary Macronutrients Market by Nutrient (Calcium, Magnesium, and Sulfur), Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables), Mode of Application (Solid and Liquid), Form and Region - Global Forecast to 2028

Abstract
The secondary macronutrients market is expected to be valued USD 38.6 billion in 2022 and USD 48.5 billion by 2028, with a CAGR of 4.0% over the forecast period. Secondary macronutrients refer to three essential plant nutrients that are required in relatively large quantities for plant growth and development. These nutrients include calcium (Ca), magnesium (Mg), and sulfur (S). They improve the quality of crops, enhance yield, and promote soil fertility and productivity. The benefits of secondary macronutrients extend beyond the plant to include improved resistance to diseases and pests.

“sulfur is the second largest segment which is expected to be gain second largest market share in 2022.”

Sulfur is an essential nutrient for plant growth and development and plays a key role in crop production. It is part of several important plant compounds, including amino acids, proteins and enzymes. It also help to improve overall plant health and vigor. It is necessary for the formation of chlorophyll, which is necessary for photosynthesis. Sulfur is important for the uptake of other important plant nutrients such as nitrogen, phosphorus and potassium. This helps improve the efficiency of nutrient uptake and utilization, which can increase performance.

“The fruits and vegetables segment is the second largest, projected to accounted for the largest market share in 2022”

The main factors driving the use of secondary macronutrients in major fruit and vegetable production and export regions are increased fruit production, good quality fruit and lower production costs. Increase in production of fruits such as strawberries, apples, grapes, pomegranates, oranges, chilies, peppers, tomatoes, chilies, among others. The expansion of world trade has increased the availability of fruits and vegetables from various parts of the world, making them even more accessible to consumers, will further boost the market.

“The dry form segment is forecasted to occupy for the largest market share in 2022.”

Dry forms of secondary macronutrients are easy to handle and transport, making them a convenient choice for farmers. Dry forms of secondary macronutrients are usually less expensive than their liquid counterparts. This cost-effectiveness is particularly beneficial to farmers who require large quantities of these nutrients. Dry forms of secondary macronutrients have a longer shelf life than liquid forms. This means they can be stored for longer periods of time without the risk of spoilage, making them a reliable choice for farmers who need to ensure a constant supply of food.

“Asia Pacific market is projected to gain largest market share during the forecast period.“

The Asia Pacific market is the largest market for secondary macronutrients. This is due to the higher production of fruits and vegetables in the region. In the Asia-Pacific region, wheat, barley, corn, tomatoes, grapes, seeds and stone fruits grow the most. These crops are also exported in large quantities to different parts of the world. Food security is an important goal for many countries in the Asia-Pacific region, and the use of fertilizers containing secondary macronutrients can play a role in achieving this goal by increasing yield and improving the nutritional value of crops.

Farmers in Asia and the Pacific are increasingly adopting crop rotation practices that can help improve soil health and nutrient availability. The use of fertilizers containing secondary macronutrients can complement these practices and support crop production. This has led to increased utilization of the secondary macronutrients market and stimulated the growth of the secondary macronutrients market in the region.

Break-up of Primaries:
•By Company type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
•By Designation: C level – 35%, Director level – 25%, Others – 40%
•By Geography: North America– 40%, Asia Pacific – 30%, Europe –20%, South America- 5% and RoW 5%

Some Leading players profiled in this report:
•Nutrien Ltd. (Canada)
•Yara (Norway)
•The Mosaic Company (US)
•Israel Chemicals Ltd. (Israel)
•K+S Aktiengesellschaft (Germany)
•IFFCO (India)
•Deepak Fertilisers and Petrochemicals Corporation Ltd. (India)
•Coromandel International Ltd (India)

Research Coverage:
This research report categorizes the secondary macronutrients market by nutrient (calcium, sulfur and magnesium), by crop type (cereals & grains, oilseeds & pulses, fruits & vegetables, and other crop types), by mode of application (liquid application and solid application), by form (dry form and liquid form), and region (North America, Europe, Asia Pacific, South America, and RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the secondary macronutrient market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions; key strategies; partnerships, agreements; new product launches, mergers and acquisitions, and recent developments associated with the secondary macronutrient market. Competitive analysis of upcoming startups in the secondary macronutrients market ecosystem is covered in this report.

Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall secondary macronutrients market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
•Analysis of key drivers (Need for increasing crop production, Increased demand for high-value crops like fruits & vegetables, Increased demand for high-value crops like fruits & vegetables, Advancements in agricultural research and technology, Crop quality and market demand), restraints (Price volatility and fluctuations in the global market, Rising instances of counterfeit goods), opportunities (Precision agriculture for nutrient control on a site-by-site basis, Precision agriculture for nutrient control on a site-by-site basis, Integrated nutrient management (INM)), and challenges (Utilization of agricultural biologicals in farming, Lack of regulatory standards) influencing the growth of the secondary macronutrients market.
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the secondary macronutrient market
•Market Development: Comprehensive information about lucrative markets – the report analyses the secondary macronutrients market across varied regions
•Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the secondary macronutrients market
•Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like Nutrien Ltd. (Canada), Yara (Norway), The Mosaic Company (US), Israel Chemicals Ltd. (Israel), K+S Aktiengesellschaft (Germany), IFFCO (India), Deepak Fertilisers and Petrochemicals Corporation Ltd. (India), Coromandel International Ltd (India), Koch Industries, INC. (US) and Nufarm (Australia) among others in the secondary macronutrients market strategies.

Content
Table of Contents

1INTRODUCTION35
1.1STUDY OBJECTIVES35
1.2MARKET DEFINITION35
1.3STUDY SCOPE36
FIGURE 1SECONDARY MACRONUTRIENTS: MARKET SEGMENTATION36
1.3.1INCLUSIONS AND EXCLUSIONS37
1.4REGIONS COVERED38
1.5YEARS CONSIDERED38
1.6UNITS CONSIDERED39
1.6.1CURRENCY39
TABLE 1USD EXCHANGE RATES CONSIDERED, 2018–202239
1.6.2VOLUME40
1.7STAKEHOLDERS40
1.8SUMMARY OF CHANGES40
2RESEARCH METHODOLOGY41
2.1RESEARCH DATA41
FIGURE 2SECONDARY MACRONUTRIENTS MARKET: RESEARCH DESIGN41
2.1.1SECONDARY DATA42
2.1.1.1Key data from secondary sources42
2.1.2PRIMARY DATA43
2.1.2.1Key industry insights43
2.1.2.2Breakdown of primary interviews44
FIGURE 3BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION44
2.2MARKET SIZE ESTIMATION45
2.2.1SECONDARY MACRONUTRIENTS MARKET SIZE ESTIMATION – SUPPLY SIDE45
2.2.2SECONDARY MACRONUTRIENTS MARKET SIZE ESTIMATION – DEMAND SIDE46
FIGURE 4SECONDARY MACRONUTRIENTS MARKET: BOTTOM-UP APPROACH46
2.2.3TOP-DOWN APPROACH47
FIGURE 5SECONDARY MACRONUTRIENTS MARKET: TOP-DOWN APPROACH47
2.3GROWTH RATE FORECAST ASSUMPTION48
2.4DATA TRIANGULATION49
FIGURE 6DATA TRIANGULATION49
2.5RECESSION IMPACT ANALYSIS50
2.6RESEARCH ASSUMPTIONS51
2.7RESEARCH LIMITATIONS & ASSOCIATED RISKS51
 
3EXECUTIVE SUMMARY52
TABLE 2SECONDARY MACRONUTRIENTS MARKET SNAPSHOT, 2023 VS. 202853
FIGURE 7SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION,
2023 VS. 2028 (USD BILLION)53
FIGURE 8SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT,
2023 VS. 2028 (USD BILLION)54
FIGURE 9SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE,
2023 VS. 2028 (USD BILLION)54
FIGURE 10SECONDARY MACRONUTRIENTS MARKET, BY FORM,
2023 VS. 2028 (USD BILLION)55
FIGURE 11SECONDARY MACRONUTRIENTS MARKET SHARE AND GROWTH RATE (VALUE), BY REGION56
4PREMIUM INSIGHTS57
4.1ATTRACTIVE OPPORTUNITIES FOR SECONDARY MACRONUTRIENT MARKET PLAYERS57
FIGURE 12ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD57
4.2EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY KEY CROP TYPE AND COUNTRY58
FIGURE 13RUSSIA AND CEREALS & GRAINS ACCOUNTED FOR LARGEST SHARES IN 202258
4.3SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023 VS. 202858
FIGURE 14CALCIUM TO DOMINATE MARKET DURING FORECAST PERIOD58
4.4SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2023 VS. 202859
FIGURE 15CEREALS & GRAINS TO DOMINATE MARKET DURING FORECAST PERIOD59
4.5SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023 VS. 202859
FIGURE 16LIQUID APPLICATION TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD59
4.6SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2023 VS. 202860
FIGURE 17DRY FORM TO DOMINATE MARKET DURING FORECAST PERIOD60
4.7SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT AND REGION, 2023 AND 202861
FIGURE 18ASIA PACIFIC AND CALCIUM TO DOMINATE DURING FORECAST PERIOD61
5MARKET OVERVIEW62
5.1INTRODUCTION62
5.2MACROECONOMIC INDICATORS INFLUENCING SECONDARY MACRONUTRIENTS MARKET62
5.2.1POPULATION GROWTH AND DEMAND FOR DIVERSE FOOD PRODUCTS62
FIGURE 19POPULATION GROWTH TREND, 1950–2050 (MILLION)63
5.2.2ARABLE LAND CONSTRAINTS63
5.3MARKET DYNAMICS64
FIGURE 20MARKET DYNAMICS: SECONDARY MACRONUTRIENTS MARKET64
5.3.1DRIVERS64
5.3.1.1Need to increase crop production64
FIGURE 21US: CEREAL PRODUCTION, 2017–2021 (MILLION METRIC TONS)65
5.3.1.2Increased demand for high-value crops like fruits & vegetables65
FIGURE 22WORLD FRUIT PRODUCTION, BY COUNTRY, 2017–2020 (HECTARES)66
5.3.1.3Soil degradation and deficiencies due to absence of secondary nutrients66
5.3.1.4Advancements in agricultural research and technology67
5.3.1.5Crop quality and market demand68
5.3.2RESTRAINTS68
5.3.2.1Price volatility and fluctuations in global market68
5.3.2.2Rising instances of counterfeit goods69
5.3.3OPPORTUNITIES69
5.3.3.1Precision agriculture for nutrient control on site-by-site basis69
5.3.3.2Rising investments in agricultural enterprises from emerging economies70
5.3.3.3Integrated nutrient management (INM)70
5.3.4CHALLENGES71
5.3.4.1Utilization of agricultural biologicals in farming71
5.3.4.2Lack of regulatory standards71
6INDUSTRY TRENDS72
6.1INTRODUCTION72
6.2VALUE CHAIN ANALYSIS72
6.2.1RESEARCH AND PRODUCT DEVELOPMENT72
6.2.2SOURCING72
6.2.3MANUFACTURING73
6.2.4SALES & DISTRIBUTION73
6.2.5END CONSUMERS73
FIGURE 23VALUE CHAIN ANALYSIS OF SECONDARY MACRONUTRIENTS MARKET73
6.3SUPPLY CHAIN ANALYSIS74
6.3.1PROMINENT COMPANIES74
6.3.2SMALL AND MEDIUM ENTERPRISES (SMES)74
6.3.3END USERS74
6.3.4KEY INFLUENCERS74
FIGURE 24SECONDARY MACRONUTRIENTS MARKET: SUPPLY CHAIN75
6.4TECHNOLOGY ANALYSIS75
6.4.1NANOFERTILIZERS75
6.4.2PRECISION FERTILIZATION OF SECONDARY MACRONUTRIENTS76
6.5PRICE TREND ANALYSIS76
6.5.1AVERAGE SELLING PRICE, BY NUTRIENT76
FIGURE 25GLOBAL AVERAGE SELLING PRICE, BY NUTRIENT77
TABLE 3SECONDARY MACRONUTRIENTS: AVERAGE SELLING PRICE (ASP),
BY REGION, 2020–2022 (USD/TON)77
TABLE 4SECONDARY MACRONUTRIENTS: AVERAGE SELLING PRICE (ASP),
BY NUTRIENT, 2020–2022 (USD/TON)77
TABLE 5AVERAGE SELLING PRICE OF KEY MARKET PLAYERS, BY NUTRIENT, 2022 (USD/TON)78
6.6MARKET MAPPING AND ECOSYSTEM ANALYSIS78
6.6.1SUPPLY-SIDE ANALYSIS78
6.6.2DEMAND-SIDE ANALYSIS78
FIGURE 26SECONDARY MACRONUTRIENTS MARKET MAPPING79
TABLE 6SECONDARY MACRONUTRIENTS MARKET: SUPPLY CHAIN ECOSYSTEM79
6.7TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES80
FIGURE 27TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES80
6.8TRADE ANALYSIS81
TABLE 7EXPORT VALUE OF MINERAL OR CHEMICAL NITROGENOUS FERTILIZERS, BY KEY COUNTRY, 202181
TABLE 8IMPORT VALUE OF MINERAL OR CHEMICAL NITROGENOUS FERTILIZERS, BY KEY COUNTRY, 202181
TABLE 9EXPORT VALUE OF MINERAL OR CHEMICAL NITROGENOUS FERTILIZERS, BY KEY COUNTRY, 202082
TABLE 10IMPORT VALUE OF MINERAL OR CHEMICAL NITROGENOUS FERTILIZERS, BY KEY COUNTRY, 202082
TABLE 11EXPORT VALUE OF MINERAL OR CHEMICAL PHOSPHATIC FERTILIZERS, BY KEY COUNTRY, 202183
TABLE 12IMPORT VALUE OF MINERAL OR CHEMICAL PHOSPHATIC FERTILIZERS, BY KEY COUNTRY, 202183
TABLE 13EXPORT VALUE OF MINERAL OR CHEMICAL PHOSPHATIC FERTILIZERS, BY KEY COUNTRY, 202084
TABLE 14IMPORT VALUE OF MINERAL OR CHEMICAL PHOSPHATIC FERTILIZERS, BY KEY COUNTRY, 202084
TABLE 15EXPORT VALUE OF MINERAL OR CHEMICAL POTASSIC FERTILIZERS, BY KEY COUNTRY, 202185
TABLE 16IMPORT VALUE OF MINERAL OR CHEMICAL POTASSIC FERTILIZERS, BY KEY COUNTRY, 202185
TABLE 17EXPORT VALUE OF MINERAL OR CHEMICAL POTASSIC FERTILIZERS, BY KEY COUNTRY, 202086
TABLE 18IMPORT VALUE OF MINERAL OR CHEMICAL POTASSIC FERTILIZERS, BY KEY COUNTRY, 202086
TABLE 19EXPORT VALUE OF MINERAL OR CHEMICAL FERTILIZERS, BY KEY COUNTRY, 202187
TABLE 20IMPORT VALUE OF MINERAL OR CHEMICAL FERTILIZERS, BY KEY COUNTRY, 202187
TABLE 21EXPORT VALUE OF MINERAL OR CHEMICAL FERTILIZERS, BY KEY COUNTRY, 202088
TABLE 22IMPORT VALUE OF MINERAL OR CHEMICAL FERTILIZERS, BY KEY COUNTRY, 202088
6.9PATENT ANALYSIS89
FIGURE 28PATENTS GRANTED FOR SECONDARY MACRONUTRIENTS MARKET, 2013–202289
FIGURE 29REGIONAL ANALYSIS OF PATENTS GRANTED FOR SECONDARY MACRONUTRIENTS, 2013–202290
TABLE 23PATENTS PERTAINING TO SECONDARY MACRONUTRIENTS, 2013–202290
6.10PORTER’S FIVE FORCES ANALYSIS91
TABLE 24SECONDARY MACRONUTRIENTS MARKET: PORTER’S FIVE FORCES ANALYSIS91
6.10.1INTENSITY OF COMPETITIVE RIVALRY91
6.10.2BARGAINING POWER OF SUPPLIERS92
6.10.3BARGAINING POWER OF BUYERS92
6.10.4THREAT OF SUBSTITUTES92
6.10.5THREAT OF NEW ENTRANTS93
6.11CASE STUDIES93
TABLE 25NUTRIEN LTD. LAUNCHED MAP+MST HOMOGENOUS FERTILIZER93
TABLE 26INTRODUCTION OF CRF COATING BY ISRAEL CHEMICALS LIMITED94
6.12KEY CONFERENCES AND EVENTS, 2023–202494
TABLE 27KEY CONFERENCES AND EVENTS IN SECONDARY MACRONUTRIENTS MARKET, 2023–202494
6.13TARIFF AND REGULATORY LANDSCAPE96
TABLE 28NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS96
TABLE 29EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS97
TABLE 30ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS97
TABLE 31SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS98
6.14REGULATORY FRAMEWORK98
6.14.1NORTH AMERICA98
6.14.1.1US98
6.14.1.2Canada98
6.14.2EUROPE99
6.14.2.1Germany99
6.14.2.2Italy100
6.14.3ASIA PACIFIC100
6.14.3.1China100
6.14.3.2Australia101
6.14.3.3India101
6.14.4SOUTH AMERICA102
6.14.4.1Brazil102
6.15KEY STAKEHOLDERS AND BUYING CRITERIA102
6.15.1KEY STAKEHOLDERS IN BUYING PROCESS102
FIGURE 30INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY TYPES102
TABLE 32INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE TYPES103
6.15.2BUYING CRITERIA103
TABLE 33KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS103
FIGURE 31KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS103
 
7SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT104
7.1INTRODUCTION105
FIGURE 32CALCIUM TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD106
TABLE 34SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (USD BILLION)106
TABLE 35SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (USD BILLION)106
TABLE 36SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (KT)107
TABLE 37SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (KT)107
7.2CALCIUM107
7.2.1INCREASED USAGE OF CALCIUM ON WIDE RANGE OF CROPS TO FUEL GROWTH107
TABLE 38CALCIUM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)108
TABLE 39CALCIUM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)108
TABLE 40CALCIUM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (KT)108
TABLE 41CALCIUM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (KT)109
7.3SULFUR109
7.3.1SULFUR’S IMPACT ON CROP YIELD AND QUALITY TO DRIVE GROWTH109
TABLE 42SULFUR: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)110
TABLE 43SULFUR: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)110
TABLE 44SULFUR: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (KT)110
TABLE 45SULFUR: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (KT)111
7.4MAGNESIUM111
7.4.1MAGNESIUM’S ROLE IN PLANT RESILIENCE TO ENVIRONMENTAL STRESSES TO CONTRIBUTE TO GROWTH111
TABLE 46MAGNESIUM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)112
TABLE 47MAGNESIUM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)112
TABLE 48MAGNESIUM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (KT)112
TABLE 49MAGNESIUM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (KT)113
 
8SECONDARY MACRONUTRIENTS MARKET, BY FORM114
8.1INTRODUCTION115
FIGURE 33DRY FORM TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD115
TABLE 50SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2018–2022 (USD BILLION)116
TABLE 51SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2023–2028 (USD BILLION)116
8.2DRY FORM116
8.2.1EASE OF STORAGE AND LONGER SHELF LIFE TO BOOST GROWTH116
TABLE 52DRY FORM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)117
TABLE 53DRY FORM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)117
8.3LIQUID FORM117
8.3.1QUICK NUTRIENT SUPPLY TO CROPS TO DRIVE MARKET GROWTH117
TABLE 54LIQUID FORM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)118
TABLE 55LIQUID FORM: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)118
9SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION119
9.1INTRODUCTION120
FIGURE 34LIQUID APPLICATION PROJECTED TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD120
TABLE 56SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)120
TABLE 57SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)121
9.2LIQUID APPLICATION121
TABLE 58LIQUID APPLICATION: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)121
TABLE 59LIQUID APPLICATION: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)121
TABLE 60LIQUID APPLICATION: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2018–2022 (USD BILLION)122
TABLE 61LIQUID APPLICATION: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2023–2028 (USD BILLION)122
9.2.1FERTIGATION122
9.2.1.1Improved efficiency and customizable nutrient application to lead to increased crop yield and quality122
9.2.2FOLIAR123
9.2.2.1Targeted nutrient delivery with foliar method to lead to improved plant health123
TABLE 62FOLIAR: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (USD BILLION)123
TABLE 63FOLIAR: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (USD BILLION)123
9.2.3OTHER LIQUID MODES OF APPLICATION124
9.2.3.1Targeting of nutrients and reduced risk of nutrient loss to drive growth124
9.3SOLID APPLICATION124
TABLE 64SOLID APPLICATION: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)124
TABLE 65SOLID APPLICATION: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)125
TABLE 66SOLID APPLICATION: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2018–2022 (USD BILLION)125
TABLE 67SOLID APPLICATION: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2023–2028 (USD BILLION)125
9.3.1BROADCASTING125
9.3.1.1Easy adoption and ability to provide nutrients in wide areas to drive growth125
9.3.2DEEP TILLAGE126
9.3.2.1Deep tillage to Improve fertility and texture of soil126
9.3.3LOCALIZED PLACEMENT126
9.3.3.1Localized placement to provide nutrients to crops in optimum amount126
10SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE127
10.1INTRODUCTION128
FIGURE 35CEREALS & GRAINS PROJECTED TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD129
TABLE 68SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2018–2022 (USD BILLION)129
TABLE 69SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2023–2028 (USD BILLION)129
10.2CEREALS & GRAINS130
TABLE 70CEREALS & GRAINS: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)130
TABLE 71CEREALS & GRAINS: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)130
TABLE 72CEREALS & GRAINS: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2018–2022 (USD BILLION)131
TABLE 73CEREALS & GRAINS: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2023–2028 (USD BILLION)131
10.2.1CORN131
10.2.1.1Abundance of secondary macronutrients to drive production of corn131
10.2.2WHEAT132
10.2.2.1Reputation of wheat as major staple food to drive demand for secondary macronutrients132
10.2.3RICE132
10.2.3.1Versatility of rice to drive usage of secondary macronutrients132
10.2.4OTHER CEREALS & GRAINS133
10.2.4.1Industrial uses of sorghum, barley, and oats to fuel demand for secondary macronutrients133
10.3OILSEEDS & PULSES133
TABLE 74OILSEEDS & PULSES: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)133
TABLE 75OILSEEDS & PULSES: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)134
TABLE 76OILSEEDS & PULSES: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2018–2022 (USD BILLION)134
TABLE 77OILSEEDS & PULSES: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2023–2028 (USD BILLION)134
10.3.1SOYBEAN135
10.3.1.1Increased demand for soybean due to nutritional properties to drive growth of secondary macronutrients135
10.3.2SUNFLOWER135
10.3.2.1Economic importance and ornamental value of sunflower to drive demand for secondary macronutrients135
10.3.3OTHER OILSEEDS & PULSES136
10.3.3.1High nutritional value and drought resistance of these subtypes to contribute to market growth136
10.4FRUITS & VEGETABLES136
TABLE 78FRUITS & VEGETABLES: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)137
TABLE 79FRUITS & VEGETABLES: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)137
TABLE 80FRUITS & VEGETABLES: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2018–2022 (USD BILLION)137
TABLE 81FRUITS & VEGETABLES: SECONDARY MACRONUTRIENTS MARKET, BY SUBTYPE, 2023–2028 (USD BILLION)138
10.4.1ROOT & TUBER VEGETABLES138
10.4.1.1Secondary macronutrients to add value to root & tuber crops138
10.4.2LEAFY VEGETABLES139
10.4.2.1Versatility of leafy vegetables in culinary applications to drive demand for secondary macronutrients139
10.4.3POME FRUITS139
10.4.3.1Convenience of pome fruits due to shelf life to fuel growth of secondary macronutrients139
10.4.4BERRIES140
10.4.4.1Increased yield and profitability in berry cultivation to drive market growth140
10.4.5CITRUS FRUITS140
10.4.5.1Meeting export demand with high-quality citrus fruits to fuel growth140
10.4.6OTHER FRUITS & VEGETABLES141
10.4.6.1Suitability for cultivation in diverse climates and soil types to drive growth141
 
10.5OTHER CROP TYPES141
10.5.1ORNAMENTALS, TURF, AND FORAGE CROPS FOR AESTHETICS, LIVESTOCK FEED, AND ENVIRONMENTAL BENEFITS TO DRIVE MARKET141
TABLE 82OTHER CROP TYPES: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)142
TABLE 83OTHER CROP TYPES: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)142
11SECONDARY MACRONUTRIENTS MARKET, BY REGION143
11.1INTRODUCTION144
FIGURE 36BRAZIL TO WITNESS HIGHEST GROWTH RATE AMONG COUNTRY-LEVEL MARKETS144
TABLE 84SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)145
TABLE 85SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)145
TABLE 86SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (KT)145
TABLE 87SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (KT)146
11.2NORTH AMERICA146
11.2.1RECESSION IMPACT ANALYSIS147
FIGURE 37NORTH AMERICA: RECESSION IMPACT ANALYSIS SNAPSHOT148
TABLE 88NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (USD BILLION)148
TABLE 89NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY COUNTRY, 2023–2028 (USD BILLION)149
TABLE 90NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (USD BILLION)149
TABLE 91NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (USD BILLION)149
TABLE 92NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (KT)149
TABLE 93NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (KT)150
TABLE 94NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)150
TABLE 95NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)150
TABLE 96NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2018–2022 (USD BILLION)150
TABLE 97NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2023–2028 (USD BILLION)151
TABLE 98NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2018–2022 (USD BILLION)151
TABLE 99NORTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2023–2028 (USD BILLION)151
 
11.2.2US152
11.2.2.1Increasing consumer demand for food to lead to higher usage of secondary macronutrients in US agriculture152
TABLE 100US: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)152
TABLE 101US: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)152
11.2.3CANADA153
11.2.3.1Strong trading relationships and increasing crop exports to present opportunities in Canada153
TABLE 102CANADA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)153
TABLE 103CANADA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)153
11.2.4MEXICO154
11.2.4.1Rising cultivation of major crops in Mexico to drive market for secondary macronutrients154
TABLE 104MEXICO: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)154
TABLE 105MEXICO: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)154
11.3ASIA PACIFIC155
FIGURE 38APAC: SECONDARY MACRONUTRIENTS MARKET SNAPSHOT156
11.3.1RECESSION IMPACT ANALYSIS156
FIGURE 39APAC: RECESSION IMPACT ANALYSIS SNAPSHOT158
TABLE 106APAC: SECONDARY MACRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (USD BILLION)158
TABLE 107APAC: SECONDARY MACRONUTRIENTS MARKET, BY COUNTRY, 2023–2028 (USD BILLION)159
TABLE 108APAC: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (USD BILLION)159
TABLE 109APAC: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (USD BILLION)159
TABLE 110APAC: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (KT)160
TABLE 111APAC: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (KT)160
TABLE 112APAC: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)160
TABLE 113APAC: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)160
TABLE 114APAC: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2018–2022 (USD BILLION)161
TABLE 115APAC: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2023–2028 (USD BILLION)161
TABLE 116APAC: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2018–2022 (USD BILLION)161
TABLE 117APAC: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2023–2028 (USD BILLION)161
11.3.2INDIA162
11.3.2.1Changing cropping pattern and stress to drive market growth162
TABLE 118INDIA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)162
TABLE 119INDIA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)163
11.3.3JAPAN163
11.3.3.1Increased efficiency and effectiveness of fertilizers containing secondary macronutrients to drive growth163
TABLE 120JAPAN: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)163
TABLE 121JAPAN: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)164
11.3.4CHINA164
11.3.4.1Population growth and income increase to drive demand for nutrient-rich foods164
TABLE 122CHINA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)164
TABLE 123CHINA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)165
11.3.5AUSTRALIA & NEW ZEALAND165
11.3.5.1Improved crop quality and export opportunities to fuel market for secondary macronutrients165
TABLE 124AUSTRALIA & NEW ZEALAND: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)166
TABLE 125AUSTRALIA & NEW ZEALAND: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)166
11.3.6REST OF ASIA PACIFIC166
11.3.6.1Rising demand for premium food to drive market for secondary macronutrients166
TABLE 126REST OF ASIA PACIFIC: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)167
TABLE 127REST OF ASIA PACIFIC: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)167
11.4EUROPE167
11.4.1RECESSION IMPACT ANALYSIS168
FIGURE 40EUROPE: SECONDARY MACRONUTRIENTS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT169
TABLE 128EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (USD BILLION)169
TABLE 129EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY COUNTRY, 2023–2028 (USD BILLION)170
TABLE 130EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (USD BILLION)170
TABLE 131EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (USD BILLION)170
TABLE 132EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (KT)171
TABLE 133EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (KT)171
TABLE 134EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)171
TABLE 135EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)171
TABLE 136EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2018–2022 (USD BILLION)172
TABLE 137EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2023–2028 (USD BILLION)172
TABLE 138EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2018–2022 (USD BILLION)172
TABLE 139EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2023–2028 (USD BILLION)172
11.4.2GERMANY173
11.4.2.1Diverse crop production and rising demand for different commodities to drive demand for secondary macronutrients173
TABLE 140GERMANY: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)173
TABLE 141GERMANY: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)174
11.4.3FRANCE174
11.4.3.1Greater demand for better agricultural production to propel growth of secondary macronutrients174
TABLE 142FRANCE: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)174
TABLE 143FRANCE: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)175
11.4.4ITALY175
11.4.4.1Diverse cultivation of crops and different climate conditions to encourage farmers to use secondary macronutrients175
TABLE 144ITALY: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)176
TABLE 145ITALY: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)176
11.4.5SPAIN176
11.4.5.1Need for fruit production and food security to lead to secondary macronutrient usage176
TABLE 146SPAIN: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)177
TABLE 147SPAIN: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)177
11.4.6UK177
11.4.6.1Increased production and expansion in acreage for crops to drive demand for secondary macronutrients177
TABLE 148UK: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)178
TABLE 149UK: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)178
11.4.7RUSSIA178
11.4.7.1Significance of cereals, wheat, and barley production in Russian agriculture to drive market growth178
TABLE 150RUSSIA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)179
TABLE 151RUSSIA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)179
11.4.8REST OF EUROPE179
11.4.8.1Regional specialization in crop production to drive market for secondary macronutrients179
TABLE 152REST OF EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)180
TABLE 153REST OF EUROPE: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)180
11.5SOUTH AMERICA180
FIGURE 41SOUTH AMERICA: SNAPSHOT181
11.5.1RECESSION IMPACT ANALYSIS182
FIGURE 42SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT183
TABLE 154SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (USD BILLION)183
TABLE 155SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY COUNTRY, 2023–2028 (USD BILLION)184
TABLE 156SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (USD BILLION)184
TABLE 157SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (USD BILLION)184
TABLE 158SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (KT)184
TABLE 159SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (KT)185
TABLE 160SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)185
TABLE 161SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)185
TABLE 162SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2018–2022 (USD BILLION)185
TABLE 163SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2023–2028 (USD BILLION)186
TABLE 164SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2018–2022 (USD BILLION)186
TABLE 165SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2023–2028 (USD BILLION)186
 
11.5.2BRAZIL187
11.5.2.1Opportunities for innovation and technological advancements to fuel demand for secondary macronutrients187
TABLE 166BRAZIL: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)187
TABLE 167BRAZIL: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)187
11.5.3ARGENTINA188
11.5.3.1High market penetration with help of local companies to contribute to market growth188
TABLE 168ARGENTINA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)188
TABLE 169ARGENTINA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)188
11.5.4REST OF SOUTH AMERICA189
11.5.4.1Use of secondary macronutrients to enhance crop productivity to boost growth189
TABLE 170REST OF SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)189
TABLE 171REST OF SOUTH AMERICA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)189
11.6REST OF THE WORLD190
11.6.1RECESSION IMPACT ANALYSIS190
FIGURE 43ROW: SECONDARY MACRONUTRIENTS MARKET RECESSION IMPACT ANALYSIS SNAPSHOT191
TABLE 172ROW: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD BILLION)192
TABLE 173ROW: SECONDARY MACRONUTRIENTS MARKET, BY REGION, 2023–2028 (USD BILLION)192
TABLE 174ROW: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (USD BILLION)192
TABLE 175ROW: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (USD BILLION)192
TABLE 176ROW: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2018–2022 (KT)193
TABLE 177ROW: SECONDARY MACRONUTRIENTS MARKET, BY NUTRIENT, 2023–2028 (KT)193
TABLE 178ROW: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)193
TABLE 179ROW: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)193
TABLE 180ROW: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2018–2022 (USD BILLION)194
TABLE 181ROW: SECONDARY MACRONUTRIENTS MARKET, BY FORM, 2023–2028 (USD BILLION)194
TABLE 182ROW: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2018–2022 (USD BILLION)194
TABLE 183ROW: SECONDARY MACRONUTRIENTS MARKET, BY CROP TYPE, 2023–2028 (USD BILLION)194
11.6.2AFRICA195
11.6.2.1Increasing demand for agricultural goods to drive secondary macronutrients market in Africa195
TABLE 184AFRICA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)195
TABLE 185AFRICA: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)195
11.6.3MIDDLE EAST196
11.6.3.1Variations in usage of secondary macronutrients to propel market growth196
TABLE 186MIDDLE EAST: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD BILLION)196
TABLE 187MIDDLE EAST: SECONDARY MACRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD BILLION)196
12COMPETITIVE LANDSCAPE197
12.1OVERVIEW197
12.2STRATEGIES ADOPTED BY KEY PLAYERS197
12.3MARKET SHARE ANALYSIS198
TABLE 188SECONDARY MACRONUTRIENTS MARKET: DEGREE OF COMPETITION199
12.4COMPANY REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022199
FIGURE 44REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 (USD BILLION)199
12.5COMPANY EVALUATION QUADRANT (KEY PLAYERS)200
12.5.1STARS200
12.5.2EMERGING LEADERS200
12.5.3PERVASIVE PLAYERS200
12.5.4PARTICIPANTS200
FIGURE 45SECONDARY MACRONUTRIENTS MARKET, COMPANY EVALUATION QUADRANT, 2022 (KEY PLAYERS)201
12.5.5NUTRIENT FOOTPRINT201
TABLE 189SECONDARY MACRONUTRIENTS: NUTRIENT FOOT