By fertilisers, crop yields can be increased enormously. To feed a rapidly growing world population, agricultural production must be increased thus increasing the use of mineral fertilizers. That this market is worth an in-depth study, shows only that in the year 2019 worldwide expected to be about $ 185 billion $ to be implemented with fertilizers. Worldwide for the first time the developments in the fertilizer market are analysed in the study detailed for the different fertilizer and crops. Drivers and barriers to trade in the fertiliser market’s growing population is accompanied by the sealing of agricultural land. Also, areas are lost through desert formation.
At the same time wealth and consumption of meat, rise particularly in emerging markets which increases demand for herbal products. This paradox can be solved only with an increased use of fertilizers. However, the eutrophication of this impending crop yields of in coming years could significantly affect. In some regions, eutrophication is a problem already. Slower growth in China largest fertilizer market is China with around one-third of the total consumption in 2011. However, China will have less high growth rates than in the past in the future.
The country faces the great challenge, to better protect its nature and the environment, and thus to secure the productivity in the long term. A slightly higher growth we expect for the second largest market of India, mainly due to the high population growth of 1.3% per year on average,”explains Oliver Kutsch, Managing Director of Ceresana. Rising demand for bio-energy demand for fertilizers for sugar crops will rise the most until the year 2019. Because in Brazil, sugar cane is processed to feed sugar as well as bio-fuel, the market researchers here predict a growth in demand for this crop of 3.7% per year. A rising sugar production is expected in Asia-Pacific. In Indonesia and Malaysia, the energy production from Palm oil gaining importance.