As cited by the business intelligence report titled ‘Asia Pacific Fertilizer Market Size By Product, By Form, By Application, Industry Study Report, Price Trends, Competitive industry Share, Growth Potential & Forecast, 2020 – 2026’, available with Market Study Report, Asia-Pacific fertilizer market valuation is anticipated to reach USD 104.5 billion by the year 2026.
 

According to industry experts, escalating demand for water-soluble fertilizers, rapid development of the food & beverages vertical, and shifting preference towards organic fertilizers are spurring Asia-Pacific fertilizer market growth.
 

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Additionally, evolving food consumption patterns, growing population, and limited farming land are impelling the adoption of fertilizers. Growing concerns regarding food security as well as hygiene will encourage chemical-free farming practices, hence stimulating the market outlook.
 

Based on product terrain, organic fertilizer segment is predicted to emerge as a major growth avenue for Asia-Pacific fertilizer market over 2020-2026, owing to rising prevalence of chronic diseases such as diabetes and heart problems, growing food safety concerns, and surging demand for chemical-free food products. Ability of organic fertilizers to enhance soil structure, minimize plant damage threats, and improve water & nutrient retention capacity of soil is propelling the growth of the segment.
 

Speaking of application spectrum, Asia-Pacific fertilizer market is bifurcated into gardening, horticulture, and agriculture among others. With regards to form, the industry is split into dry, and liquid.
 

Elaborating the country-level assessment, Thailand, Australia, India, Indonesia, Malaysia, China, Bangladesh, and Pakistan are the key contributors to Asia-Pacific fertilizer market remuneration.
 

Organizations which boast of an authoritative status in Asia-Pacific fertilizer industry vertical are Chambal Fertilisers & Chemicals Ltd. (owned by KK Birla Group), National Fertilizers Ltd., Coromandel International Ltd., Indian Farmers Fertiliser Cooperative Ltd (IFFCO), Sumitomo Chemical Co. Ltd., Israel Chemicals Ltd. (ICL), Syngenta Group, Bunge Ltd., The Mosaic Company, Nutrien Ltd., Yara International ASA, and Haifa Group.