Italy Water Soluble Fertilizer Market Size And Landscape Outlook 2030

Italy Water Soluble Fertilizer Industry Overview

The Italy water soluble fertilizer market size was valued at USD 479.2 million in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 6.7% in terms of revenue from 2022 to 2030.

This is attributed to the growing agriculture industry in the country and rising awareness to provide proper nutrition to the food crops, thereby increasing their yield is anticipated to drive the growth of the market in the country.

The country is one of the key agricultural countries in Europe with agri-food sector being the largest manufacturing sector in the country. Cereals and rice hold a significant share of the overall agri-food exports by the country. Cereals and grains require utmost care for ensuring high crop yields and generating maximum profitability for farmers.

Gather more insights about the market drivers, restrains and growth of the Italy Water Soluble Fertilizer Market

Italy Water Soluble Fertilizer Market size, by product type, 2020 - 2030 (USD Million)

According to the International Trade Administration, the agriculture sector is one of the key contributors to the economy of Italy, accounting for a share of 2.1% of the country’s GDP. The country ranks third in Europe in terms of agricultural productivity. Italy is a major exporter of rice in Europe. It also exports other crops such as olives, grapes, and tomatoes.

The value chain of the market includes raw material suppliers, manufacturers, distributors, and end users. Different types of water soluble fertilizers need different raw materials. Some of the raw materials required for the production process include urea, ammonium nitrate, ammonium sulfate, potassium chloride, potassium nitrate, monoammonium phosphate, and diammonium phosphate.

The stability index is a very crucial factor during the storage and application of raw materials for these products. In the case of water soluble fertilizers, nutrient concentration, nutrient presence, and the pH of the solution have a great influence on stability. For some less soluble materials, stability is greatly impacted by the temperature. Although some these products are in a dissolved state during production, the nutrient elements are supersaturated and crystallize whenever external conditions like temperature change.

Browse through Grand View Research's Agrochemicals & Fertilizers Industry Research Reports.

  • Water Soluble Fertilizer Market - The global water soluble fertilizer market size was valued at USD 12.5 billion in 2015 and is expected to register a CAGR of 6.5% in terms of revenue over the forecast period.
  • Ammonium Sulfate Market - The global ammonium sulfate market size was valued at USD 2.81 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030.

Key Companies profiled:

Some prominent players in the Italy water soluble fertilizer market include

  • ICL
  • TIMAC AGRO
  • Akzo Nobel N.V.
  • ED & FMan
  • PAVONI & C SPA
  • Arpa Speciali
  • Valagro
  • Trade Corporation International
  • Biolchim SPA
  • Eurochem
  • URALCHEM JSC
  • K+S Aktiengesellschaft
  • Haifa Negev technologies LTD
  • COMPO EXPERT
  • Agrium Inc.
  • MUGAVERO
  • Hydrofert

Order a free sample PDF of the Italy Water Soluble Fertilizer Market Intelligence Study, published by Grand View Research.

Comments

Post a Comment

Popular posts from this blog

South Africa Veterinary Medicine Market Size, Share, Revenue Analysis By 2028

Image
South Africa Veterinary Medicine Industry Overview The  South Africa veterinary medicine market  size is expected to reach USD 248.2 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.1% from 2021 to 2028. The market holds many opportunities to grow during the forecast period owing to the growing livestock and pet population, increasing consumption of meat, rising incidence of diseases in animals, and the presence of key global companies. According to a report published by the African Union/Interafrican Bureau for Animal Resources (AU/IBAR), MSD Animal Health leads the South African market for veterinary medicines, followed by other key companies. South Africa Veterinary Medicine Market Segmentation Grand View Research has segmented the South Africa veterinary medicine market on the basis of animal type, product, mode of delivery, and end-use: Based on the Animal Type Insights, the market is segmented i...
Read more

U.S. Cold Storage Market Distributor Analysis and Forecasts By 2030

Image
U.S. Cold Storage Market Growth & Trends The  U.S. cold storage market  size is estimated to reach USD 96.90 billion by 2030, expanding at a CAGR of 13.6% over the forecast period, according to the new research conducted by Grand View Research, Inc. The U.S. is widely regarded as one of the leading markets in developing technologies responsible for the effective management of cold storage processes. The pharmaceutical industry is expected to offer growth opportunities to the market. Inventory management of pharmaceutical goods, such as vaccines   and medicines, is an expensive process that necessitates adequate security measures to maintain product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods. U.S. Cold Storage Market S...
Read more

Fencing Market Competitive Landscape And Component Benchmarking 2030

Image
Fencing Market Growth & Trends The global  fencing market  size is anticipated to reach USD 44.39 billion by 2030, growing at a CAGR of 5.5% over the forecast period, according to a new report by Grand View Research, Inc. The growing need to safeguard agricultural assets and the aggressive investments being made by private companies in strengthening the security and enhancing the aesthetics of their premises are expected to drive the growth of the market over the forecast period. The growth of the  real estate market  and the increase in the number of remodeling projects being undertaken are expected to contribute to the growth of the market. Fencing Market Segmentation Grand View Research has segmented the global fencing market based on material, distribution channel, installation, application, end use, and region: Based on the Material Insights, the market is segmented into Metal, Wood, Plastic & Composite, Concrete. The metal segment accounted for ...
Read more