Starter Fertilizers Market

Global Starter Fertilizers Market Size (2024 to 2032)

The global Starter fertilizers market was valued at USD 7.77 billion in 2023 and is anticipated to reach USD 8.08 billion in 2024 from USD 11.10 billion by 2032, growing at a CAGR of 4.04% from 2024 to 2032.

Nutrients are very important to be present in the soil for seeds to grow. At the time of planting, a small amount of fertilizer is placed near the seed to provide the necessary nutrients to the seed.

Starter fertilizers vary with different soil. A particular soil might be abundant in Nitrogen but have low phosphorous content. Starter fertilizers have to be selected based on the soil and seeds required. Starter fertilizers are mainly been used in fields with cool soil temperatures until soil conditions improve. Nutrients are not easily accessible for seeds when the soil temperature is cool. Using starter fertilizers reduces the environmental issues caused by the overuse of fertilizers. New technologies such as LEVEL, a fertilizer amendment that prevents nutrients present in the soil from becoming unavailable, are being introduced in the market.

The rapid increase in demand for efficient fertilizers and the adoption of new farming practices are some of the major factors that drive the growth of the market for Starter Fertilizers. To supply the global food requirements, an increase in the need for methods that increase the agricultural output led to the increase in demand for starter fertilizers. Ever-growing concerns for environmental degradation and lack of adequate knowledge among the farmers are some factors that restrict the market growth.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Starter Fertilizers Market By Nutrient Component

Phosphorous held the largest market share in this segment. It is expected to hold the market share during the forecast period because of its major role in stimulating the growth of seedlings in the early stages. Nitrogen and phosphorus are second to phosphorous in the market share.

Global Starter Fertilizers Market By Form

Since both these forms are effective on the same level, they hold almost equal shares in the market.

Global Starter Fertilizers Market By Crop Type

Due to the high demand for cereals across the globe, cereals hold the largest share of the market. Also, Starter fertilizers are mainly suited for corn which is included in cereals.

Global Starter Fertilizers Market By Application

The foliar method is projected to have the highest growth rate in this segment because it results in rapid nutrient intake.

REGIONAL ANALYSIS

Based on Region, the global starter fertilizer market is divided into North America, Asia-Pacific, Europe, Latin America, the Middle East, and Africa. North America led the Starter fertilizer market across the globe with its largest share in the market. This is due to the improved technologies in fertilizer application to enhance the production of cereals, food & vegetables. Asia-Pacific is the fastest-growing market in the Starter fertilizer market due to its huge customer base. Countries like India and China are adopting starter fertilizers at a rapid pace.

KEY MARKET PLAYERS

Stoller USA Inc., The Scotts Miracle-Gro Company, Conklin Company Partners Inc, Yara International ASA, CHS Inc, Agrium Inc, Helena Chemical Company, Miller Seed Company, Nachurs Alpine Solution. Some of the market players dominate the global startet fertilizers market.

DETAILED SEGMENTATION OF THE GLOBAL STARTER FERTILIZER MARKET INCLUDED IN THIS REPORT

This research report on the global starter fertilizer market is segmented and sub-segmented into the following categories.

By Nutrient Component

• Phosphorous
• Nitrogen
• Potassium
• Micronutrients

By Form

• Dry
• Liquid forms

By Crop Type

• Cereals
• Fruits & vegetables
• Forage & turf grasses

By Application

• In-furrow
• Fertigation
• Foliar
• other methods

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa