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Agri Business Review | Wednesday, December 18, 2024
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Summary: New trends in controlled and slow-release fertilisers provide valuable insights into the dynamic landscape of agricultural technology.
FREMONT, CA: The market for fertilisers with controlled and slow release, which deliver nutrients to plants gradually, is expected to grow significantly. The main forces behind the expansion are the need for better fertiliser management, growing knowledge of sustainable farming methods, and the growing demand for premium products.
Global population expansion and the resulting demand for higher agricultural production are major drivers of the market. The market for controlled and slow-release fertilisers is anticipated to develop at a significant compound annual growth rate (CAGR) over the projected period due to its optimistic outlook. A growing desire for ecologically friendly fertilisers, the rise in organic farming, and precision agriculture are some of the causes driving this trend.
Due to the extensive use of innovative agricultural techniques in these regions, North America and Europe are expected to dominate the market for controlled and slow-release fertilisers. However, the Asia-Pacific area is expected to experience substantial development because of things like increasing food consumption, a growing population, and government programs supporting sustainable farming. The need for sustainable agriculture and higher crop yields drives the optimistic outlook for the market for controlled and slow-release fertilisers. The government's support, growing awareness, and technical developments all contribute to the anticipated increase in the projected time.
Fertilisers with controlled release are a class of fertilisers that supply nutrients to plants gradually over a prolonged duration. As they dissolve slowly in water, organic low-solubility fertilisers release nutrients more gradually and come from natural sources. Fertilisers with low solubility and inorganic are produced chemically and release nutrients gradually. Fertiliser particles that are coated or encapsulated have a protective covering that limits nutrient release and stops leaching, giving plants a longer-lasting source of nutrients.
Controlled and slow-release fertilisers are extensively utilised in many different markets, including those for cereals and grains, fruits and vegetables, oil seeds and pulses, and other commodities. These fertilisers provide optimal nutrient availability for healthy development and increased yields in the cereal and grain industry. They also improve the look and quality of fruits and vegetables by releasing nutrients over time in a slow and steady manner.
Such fertilisers are advantageous for oil seeds and pulses because they offer a steady supply of nutrients, which enhances crop quality and output. These fertilisers can be used in other crop markets as well, supporting more productive and sustainable agricultural methods.
Several new trends are emerging in the global market for controlled and slow-release fertilisers. First of all, as sustainable farming methods gain popularity, so does the use of these fertilisers since they reduce nitrogen runoff and enhance soil health. Second, as people choose more organic food, there is a growing need for fertilisers made of organic materials. Additionally, these fertilisers are becoming more efficient and effective due to technical developments and formulation changes. In addition, there's a trend toward tailored fertilisers, which let farmers adjust the nutrients according to the needs of their particular crops. Finally, rising R&D expenditures are anticipated to propel market expansion by creating new items and enhancing current ones.