According to the research report titled ‘Global Crop Nutrition Market (2021 Edition) - Analysis By Types of Nutrients, Application Method, Product Type, By Region, By Country: Market Insights and Forecast with Impact of Covid-19 (2021-2026)’, available with MarketStudyReport, global crop nutrition market was worth USD 341.41 billion in 2020 and is anticipated to amass substantial returns by the year 2026.

Rising consumer demand for sustainable food, surging global population, focus on increasing yield and crop quality, and escalating adoption of digitalization in agriculture are the major growth stimulants for global crop nutrition market.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4489498/

Based on types of nutrients, the industry is split into micronutrients and macronutrients. Among these, macronutrients segment is projected to increase gradually throughout the forecast period. Macronutrients have a higher demand for crop health than micronutrients, and are frequently used as necessary nutrients.

In terms of application method, the market is divided into foliar, soil, fertigation, and other applications. Out of which, soil segment holds significant revenue share at present and is predicted to grow during the analysis timeframe. Since soil is the most common and efficient way to supply nourishment to crops and will continue to be the best approach in the future, thus the segmental growth.

On the basis of product type, worldwide crop nutrition marketplace is classified into soil amendments, fertilizer, and others. Among these, fertilizers segment accounts for major industry share at present and is expected to grow constantly during the review period, due to escalating demand & usage of the product to provide crop nutrition.

Regionally, Asia Pacific industry held substantial revenue share in 2020 and is anticipated to expand profusely though the forecast timeline, due to growing population and subsequent demand for more food. Availability of top crop producers such as China and India is swaying the regional dynamics positively.

ICL Group Ltd., CF Industries Holdings Inc., Nutrien Ltd., Yara International ASA, The Mosaic Company, Compass Minerals International Inc., Baicor L.C., Aries Agro Ltd., BASF SE, and Bioceres Crop Solutions Corp. are the key players shaping worldwide crop nutrition industry trends by are boosting production capacity and investing in research & development to meet increased client demand.