Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Secondary Macronutrients Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Secondary Macronutrients Market?
The market size of secondary macronutrients has been expanding progressively in past years. The market value was recorded at $41.68 billion in 2024 and is projected to reach $42.73 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 2.5%.
What Are the Expected Market Growth Trends for the Secondary Macronutrients Market Through 2029?
The Secondary Macronutrients market is projected to expand to a value of $52.26 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.2%.
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What Are the Key Business Drivers in the Secondary Macronutrients Market Landscape?
The key Drivers in the secondary macronutrients market are:
• Expansion of the agriculture industry is fueling the secondary macronutrients market
• The use of secondary macronutrients in optimal plant growth
• Improvement of soil fertility through secondary macronutrients
• Boost in crop productivity due to better nutrient assimilation
How Is the Secondary Macronutrients Market Divided Across Key Categories?
The secondary macronutrientsmarket covered in this report is segmented –
1) By Nutrient Type: Calcium, Magnesium, Sulfur
2) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Crop Types
3) By Application Method: Solid Application, Liquid Application
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What Are the Ongoing Trends in the Secondary Macronutrients Market?
The key trends in the secondary macronutrients market are:
• Companies in the secondary macronutrient market are leaning towards the development of innovative products such as crop nutrition solutions.
• The use of a holistic approach in crop nutrition is on the rise.
• The focus is not just on providing nourishment but also protection and biostimulation to crops.
• Efforts are being made to shield crops from diseases, pests, and environmental stressors.
Which Companies are Expanding in the Secondary Macronutrients Industry?
The key players in the secondary macronutrients market are:
• Sinochem Holdings Corporation Ltd
• Archer Daniels Midland Company
• Bunge Limited
• Dow Chemical Company
• Bayer AG
• Nutrien Ltd.
• Mitsubishi Chemical Holdings Corporation
• Syngenta AG
• BASF SE
• Yara International ASA
• Sumitomo Chemical Co. Ltd.
• The Mosaic Company
• DuPont de Nemours Inc.
• SQM
• EuroChem Group AG
• ICL Group Ltd
• Israel Chemicals Ltd.
• K+S Aktiengesellschaft AG
• Sinofert Holdings Limited
• Rashtriya Chemicals and Fertilizers Ltd.
• Coromandel International Limited
• Haifa Group
• Zuari Agro Chemicals Ltd.
• Compo Expert
• Gujarat State Fertilizers & Chemicals Ltd.
• Deepak Fertilisers and Petrochemicals Corporation Limited
• Koch Ag and Energy Solutions LLC.
• Kugler Company
Which is the Largest Region the Global Secondary Macronutrients Market?
Asia-Pacific was the largest region in the secondary macronutrients market in 2024
