DUBLIN--(BUSINESS WIRE)--The "Vietnam Fertilizers Market By Origin, By Form, By Mode of Application, By Crop Type, By Source, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
Vietnam fertilizers market is expected to witness a growth with an impressive CAGR in the forecast period, 2023-2027
Fertilizers are chemical substances, either organic or synthetic, that are spread over crops or croplands in order to provide nutrients to the crops and promote their growth. The development of the plant's blossoms and fruits, for example, or the height of the crops are all examples of growth.
Nitrogen fertilizers, inhibitor nitrogen fertilizers, phosphorus fertilizers, potassium fertilizers, calcium, magnesium, and sulphur fertilizers, and micronutrient complex fertilizers are the various types of fertilizers available in the market. The farmers use a variety of natural fertilizers, including dung, slurry, worm castings, peat, seaweed, and guano.
The growth of the market is attributed to growing food requirements and demand for high-end fertilizers. The market for fertilizers in Vietnam is expected to grow in the coming years due to the high demand for organic and natural fertilizers.
The market participants are concentrating their efforts on finding organic substitutes for items with chemical infusions, as well as nourishing the soil with required nutrients and preventing environmental damage. The government is encouraging the use of homemade organic fertilizers for home gardens and other applications.
The rise in concerns regarding the harmful effect of chemical-infused fertilizers on the environment and the degrading soil quality and unavailability of required fertile lands are driving the segment demand.
Objective of the Study:
- To analyze the historical growth in the market size of the Vietnam fertilizers market from 2017 to 2021.
- To estimate and forecast the market size of Vietnam fertilizers market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast the Vietnam fertilizers market based on origin, form, mode of application, crop type, source, region, and company.
- To identify the dominant region or segment in the Vietnam fertilizers market.
- To identify drivers and challenges for the Vietnam fertilizers market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Vietnam fertilizers market.
- To identify and analyze the profiles of leading players operating in the Vietnam fertilizers market.
- To identify key sustainable strategies adopted by market players in Vietnam fertilizers market.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam Fertilizers market.
- Ninh Binh Phosphate Fertilizer JSC
- Southern Fertilizer JSC
- Petrovietnam Fertilizer and Chemicals Corporation
- Lam Thao Fertilizers and Chemicals JSC
- Binh Dien Fertilizer JSC (BFC)
- Ha Bac Nitrogen Fertilizers and Chemical Company
- Que Lam Group
- Agricultural Products and Materials JSC (APROMACO)
- Thien Sinh JSC
- Can Tho Fertilizer & Chemical JSC
Report Scope:
Vietnam Fertilizers Market, By Origin:
- Organic
- Synthetic
- Bio-fertilizers
Vietnam Fertilizers Market, By Form:
- Liquid
- Solid
Vietnam Fertilizers Market, By Mode of Application:
- Foliar Spraying
- Fertigation
- Sowing
- Broadcasting
- Spraying
- Drip Method
- Others
Vietnam Fertilizers Market, By Crop Type:
- Grains & Cereals
- Pulses & Oilseeds
- Commercial Crops
- Fruits & Vegetables
- Other
Vietnam Fertilizers Market, By Source:
- Domestic
- Import
Vietnam Fertilizers Market, By Region:
- Northern Region
- Central Region
- Southern Region
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022E
- Forecast Period: 2023F-2027F
For more information about this report visit https://www.researchandmarkets.com/r/1yd4js
