
India Water Soluble Fertilizers Market Forecast and Opportunities, 2019
NEW YORK, Dec. 2, 2014 /PRNewswire/ -- Traditionally, India has been an agricultural economy with around 2/3rd of the country's population engaged in various agricultural and related activities, either directly or indirectly. India is third largest producer of fertilizers in the world, after the US and China. Healthy growth in the country's food and beverage industry, sizable increase in the number of food outlets as well as certain other macroeconomic factors such as growth in population and per capita income are expected to drive the demand for food crops in India, thus positively influencing the overall fertilizer market in coming years. Water soluble fertilizers (WSFs) offer a sustainable solution for farmers seeking to increase plant yield and reduce fertilizer usage in fields. With growing environmental concerns, WSFs are becoming more popular than chemical fertilizers, as they deliver better yield, provide nutrients in a controlled manner, protect soil against excess fertilizer dosing and are more economical. The market for water soluble fertilizers in India is benefitting majorly due to growing adoption of modern irrigation systems such as fertigation and foliar spray techniques by Indian farmers and rising demand for horticulture, ornamental and field crops in the country.
According to TechSci Research report "India Water Soluble Fertilizers Market Forecast & Opportunities, 2019", the market for water soluble fertilizers in India stood at 110,000 MT, in volume terms, in the year 2013 and is projected to witness strong growth over the next five years. On the basis of fertilizer type, the market for water soluble fertilizers in India is segregated into 19-19-19, 0-52-34, 13-0-45, 12-61-0, 13-40-13 and 0-0-50 segments. The 0-52-34 segment is expected to post fastest growth during next five year. The country's Western region, comprising Maharashtra and Gujarat, holds largest share in terms of WSF consumption as soil in this region contains high clay level, which makes it difficult for cultivation.The market is largely organized with the presence of various established players such as Deepak Fertilizers, Nagarjuna Fertilizers and Coromandel International. Several other players such as Aries Agro, IFFCO and Gujarat State Fertilizers and Chemicals are also seeking to establish their footprint in the market and capitalize on growth opportunities available in the country. "India Water Soluble Fertilizers Market Forecast & Opportunities, 2019" discusses the following aspects related to water soluble fertilizers market in India:
- Market Size, Share & Forecast – By Value, By Volume
- Regional & Segmental Analysis – By Fertilizer Type (19-19-19, 12-61-0, 0-52-34, etc.)
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
- To gain an in-depth understanding of Water Soluble Fertilizers market in India
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, water soluble fertilizer manufacturers and suppliers as well as other stakeholders align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing materials
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs
Report Methodology
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with water soluble fertilizer manufacturers and various industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Read the full report: http://www.reportlinker.com/p02480993-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.
http://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/india-water-soluble-fertilizers-market-forecast-and-opportunities-2019-300003363.html
SOURCE Reportlinker
Share this article