Product ID: SQMIG15A2142
Report ID:
SQMIG15A2142 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
59 |
Figures:
75
Asia Pacific will see a 2.5% CAGR and will continue to lead the fertiliser industry Over the anticipated period. In China, India, Pakistan, Vietnam, and Bangladesh, population growth is predicted to be followed by rising need for improved food production during the next few years. A number of the region's nations export agricultural goods in significant quantities around the globe. For instance, rice exports from Vietnam and Thailand each year are at an all-time high. In contrast, India is anticipated to export rice worth more than USD 4 billion in 2020. Demand for regional goods will also rise as a result of an increase in foreign direct investment and government subsidies in the fertiliser industry.
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REQUEST FREE CUSTOMIZATIONFertilizer Market size was valued at USD 191 billion in 2019 and is poised to grow from USD 195.01 billion in 2023 to USD 230.29 billion by 2031, growing at a CAGR of 2.1% in the forecast period (2024-2031).
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Product ID: SQMIG15A2142