According to recent 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 valued at USD 341 billion in 2020 and is expected to expand significantly through 2026.

The factors driving global crop nutrition market growth are a rise in demand for sustainable foods, increasing population, focus towards improving productivity & crop quality, and rapid digitalization of the agricultural space.

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This marketplace is segmented based on application method, types of nutrients, product type, and by regional analysis. On the basis of nutrients type, the market is split into micronutrients and macronutrients. The report cites that macronutrients segment accounts for the largest share in global crop nutrition market, primarily due to the high demand for essential nutrients.

On basis of the application method, the market is divided into fertigation, soil, foliar, and other Applications. As soil is the most used and largest application method for crop nutrition, it thus holds a significant market share and is expected to witness remarkable growth during the forecast period.

In terms of product type, the market is classified based on fertilizers, amendments, soil, and others. The fertilizers segment hold the largest market share and is likely to showcase lucrative results during the forecast period.

Global crop nutrition market in terms of regional analysis involves North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Asia-Pacific captured a majority market share and is expected to depict similar growth trends in the subsequent years. Growing population and rising demand for food supply are fueling the regional market growth.

The leading companies operating in global crop nutrition market are ICL Group Ltd., Nutrien Ltd., CF Industries Holdings Inc., Yara International ASA, The Mosaic Company, Baicor, Aries Agro Ltd., and Bioceres Crop Solutions.