Market Size of EMEA Secondary Macronutrients Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 4.23 Billion |
Market Size (2029) | USD 5.20 Billion |
CAGR (2024 - 2029) | 4.20 % |
Fastest Growing Market | Middle East and Africa |
Largest Market | Europe |
Major Players*Disclaimer: Major Players sorted in no particular order |
EMEA Secondary Macronutrients Market Analysis
The EMEA Secondary Macronutrients Market size is estimated at USD 4.23 billion in 2024, and is expected to reach USD 5.20 billion by 2029, growing at a CAGR of 4.20% during the forecast period (2024-2029).
The COVID-19 pandemic had a slight negative impact on the market due to various restrictions imposed by the government. During COVID, on the supply side, just like the demand, the logistical issues impacted the runs heavily. For instance, countries in West Africa depend on fertilizer imports from Russia and Belarus, and disruption in supplies from these countries consequently resulted in higher prices.
The secondary macronutrient type includes magnesium (Mg), sulfur (S), and calcium (Ca). The absence of these secondary nutrients stunts the growth of crops. Thus, manufacturers are utilizing secondary nutrient fertilizer that provides flexible options for applications, including pre-plant, starter, side-dress, and fertigation. Consequently, this factor is driving the demand among the farmers in the EMEA region for better crop production. Further, the increase in cereals, fruits, and vegetable production coupled with the growing health awareness in the EMEA countries are also contributing to the market growth.
Among the various macronutrients present in Africa, calcium is anticipated to register the fastest growth owing to the growing use of calcium in plants in their developing stage. The usage of calcium helps improve the health of the soil and enhances its nutrient intake of the soil. As well the use of calcium also ensures faster and greater root mass and better growth of plants.
The active participation of various key players in the are enhancing their existing product line by blending elemental sulfur, calcium, and magnesium with other fertilizers to improve the yield of the resulting blended fertilizers is expected to accelerate the adoption of secondary macronutrients in the region.
EMEA Secondary Macronutrients Industry Segmentation
Magnesium (Mg), sulfur (S), and calcium (Ca) are considered secondary macronutrients as they are less commonly yield limiting than the primary macronutrients (P, N, and K), yet are required by crops in relatively larger amounts.
The study provides an in-depth analysis of the EMEA Secondary Macronutrients market. It covers the market scope, size, and growth of the industry. The EMEA Secondary Macronutrients Market is Segmented By Nutrient Type (Sulphur, Calcium, and Magnesium), By Application Method (Solid, and Liquid), By Crop Type (Grains And Cereals, Pulses And Oilseeds, Fruits And Vegetables, Turfs And Ornamentals, and Other Crop Types), and Geography ( Europe, Middle East, and Africa). The report offers the market size and forecasts in terms of value in USD million for all the above segments.
Nutrient Type | |
Sulfur | |
Calcium | |
Magnesium |
Application Method | |
Solid | |
Liquid |
Crop Type | |
Grains And Cereals | |
Pulses And Oilseeds | |
Fruits And Vegetables | |
Turfs And Ornamentals | |
Other Crop Types |
Geography | |||||||||
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EMEA Secondary Macronutrients Market Size Summary
The EMEA Secondary Macronutrients Market is poised for significant growth over the forecast period, driven by the increasing demand for fertilizers that enhance crop production. The market is characterized by the inclusion of essential nutrients such as magnesium, sulfur, and calcium, which are crucial for the healthy growth of plants. These nutrients are particularly important in regions like West Africa, where reliance on imports from countries like Russia and Belarus has historically impacted supply chains. The demand for secondary macronutrients is further bolstered by the need to address nutrient deficiencies in soil, which have been exacerbated by intensive farming practices in Europe. As farmers seek to improve crop yields and meet the dietary needs of a growing population, the adoption of these fertilizers is expected to rise, supported by innovations in product offerings and application methods.
Key players in the EMEA Secondary Macronutrients Market are actively engaging in strategies such as mergers, acquisitions, and product innovations to expand their market presence and enhance their product portfolios. Companies like Yara International ASA, Eurochem Group AG, and K+S Company are leading the market, with initiatives aimed at improving fertilizer efficacy and compatibility with other agricultural inputs. The market's fragmentation is evident as these companies explore partnerships and collaborations to leverage new technologies and ideas. Notable developments include the introduction of urea calcium sulfate by Saudi Basic Industries Corporation and the strategic cooperation between K+S and CinisFertilizer. These efforts, along with regulatory approvals for organic farming, underscore the dynamic nature of the market and its potential for continued expansion in the coming years.
EMEA Secondary Macronutrients Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Nutrient Type
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2.1.1 Sulfur
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2.1.2 Calcium
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2.1.3 Magnesium
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2.2 Application Method
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2.2.1 Solid
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2.2.2 Liquid
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2.3 Crop Type
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2.3.1 Grains And Cereals
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2.3.2 Pulses And Oilseeds
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2.3.3 Fruits And Vegetables
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2.3.4 Turfs And Ornamentals
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2.3.5 Other Crop Types
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2.4 Geography
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2.4.1 Europe
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2.4.1.1 Germany
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2.4.1.2 United Kingdom
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2.4.1.3 France
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2.4.1.4 Italy
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2.4.1.5 Spain
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2.4.1.6 Russia
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2.4.1.7 Rest of Europe
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2.4.2 Middle East
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2.4.2.1 United Arab Emirates
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2.4.2.2 Saudi Arabia
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2.4.2.3 Kuwait
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2.4.2.4 Egypt
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2.4.2.5 Rest of Middle East
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2.4.3 Africa
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2.4.3.1 South Africa
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2.4.3.2 Morocco
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2.4.3.3 Nigeria
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2.4.3.4 Rest of Africa
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EMEA Secondary Macronutrients Market Size FAQs
How big is the EMEA Secondary Macronutrients Market?
The EMEA Secondary Macronutrients Market size is expected to reach USD 4.23 billion in 2024 and grow at a CAGR of 4.20% to reach USD 5.20 billion by 2029.
What is the current EMEA Secondary Macronutrients Market size?
In 2024, the EMEA Secondary Macronutrients Market size is expected to reach USD 4.23 billion.