Amino acids are biological derivatives of organic compounds containing carboxylic acid (-COOH) and amine (-NH2) functional groups. The major elements of an amino acid are hydrogen, carbon, nitrogen, and oxygen, although other elements are also included in the side chains of various amino acids. Amino acids are referred to as important ingredients in the process of plant protein synthesis. Amino acid fertilizers are completely soluble in water and thus are feasible to mix in the injector, sprayer, or the overall irrigation system. Almost all of the nitrogen present in amino acid water-soluble fertilizers is soluble in water, thus being easily available to the plants. Use of amino acid water-soluble fertilizers provides several advantages such as stress resistance, chelating effect, equilibrium of soil and flora, and efficient protein synthesis.
Amino acid water-soluble fertilizers are organic and economical source of naturally derived water-soluble nitrogen, easy-to-handle, avoid phytotoxicity, risk of salt accumulation, and soil leaching. Thus, increase in demand for efficient water-soluble fertilizers and high need for nitrogen-rich fertilizers drive the market growth. In addition, rise in demand for food security for the ever-growing population, limited availability of agricultural land, increase in crop loss due to nutrient deficiency, surge in investments by the governments of various economies, and growth in awareness about soil profiles are anticipated to augment the growth. However, introduction of organic fertilizers and economical substitutes may hamper the overall growth. Increase in investments in the development of more efficient products is expected to present opportunities in the global amino acid water-soluble fertilizers market.
The global amino acid water soluble fertilizers market is segmented on the basis of type, application, and geography. On the basis of type, it is bifurcated into solid and liquid fertilizers. The application segment includes horticulture and crops. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global market focus on key market strategies such as mergers, acquisitions, collaborations, and partnerships to strengthen their market reach to maintain their position in the competitive market.
Some of the key players in the global market include:
- Haifa Chemicals
- Yara Chemicals
- Arab Potash Company
- Omex International
- Israel Chemicals Limited Group
- Bunge Limited
- Sociedad Qumica y Minera
- ICL Fertilizers
- Sinclair Chemicals Inc.
- This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2017 to 2023 to identify the prevailing market opportunities.
- Major countries in each region are mapped according to the individual market revenue.
- The region- and country-wise amino acid water-soluble fertilizers market conditions are comprehensively analyzed.
- This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
- An in-depth analysis of each segment of the market is provided to analyze the potential opportunities pertaining in the market.
Amino Acid Water-soluble Fertilizers Market Key Segments:
- Solid Fertilizers
- Liquid Fertilizers
- North America
- Rest of Europe
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA