Slow and Controlled Release Fertilizers Market Insights Video

According to Cognitive Market Research, the global slow and controlled release fertilizers market size is USD 5215.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.80% from 2024 to 2031.

• North America held the major market of around 40% of the global revenue with a market size of USD 2086.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
• Europe accounted for a share of over 30% of the global market size of USD 1564.56 million.
• Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1199.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
• Latin America market of around 5% of the global revenue with a market size of USD 260.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
• Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 104.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
• The sales of slow-release fertilizers are poised to increase due to their ability to provide a consistent nutrient supply, reduce environmental impact, enhance crop yields, and meet sustainability demands in agriculture.
• The sales of agriculture segment are expected to increase due to growing global population, rising food demand, adoption of advanced farming techniques, and increasing awareness about sustainable agricultural practices.