Skip to main content

Posts

Showing posts with the label Phosphate Fertilizers Market Trend

Phosphate Fertilizers Market Volume Forecast and Value Chain Analysis by 2025

Increasing population and demand for diverse food has been a key factor driving market growth. In addition, limited availability of ploughed land and increasing meat consumption all over the world is fueling the demand for phosphate fertilizers over the forecast period. The Global Phosphate Fertilizers Market size is expected to reach USD 78.06 billion by 2025, according to a new report by Grand View Research, Inc. registering a 5.1% CAGR therein. Phosphate Fertilizers Market Phosphate is one of the three primary nutrients needed for plants to grow to their full potential. It is essential for normal plant growth, absorption of sun’s energy, and converting it to useful plant compounds. Several phosphate fertilizers are used to meet the phosphorous (P) requirements of plants. It helps create strong roots and stems, provides resistance to disease, and increases productivity. Phosphate is an important fertilizer input used in agricultural production. These include different types o