CBD Plant Nutrients Market Analysis | Key Player Review and Forecast to 2025

Research Reports

Jan 20, 2021

Market Highlights

Global CBD Plant Nutrients Market is estimated to be valued at USD 453,208.5 Thousand by 2025 and is expected to register a CAGR of 28.36% during the forecast period. CBD plant nutrients are macronutrients and micronutrients provided to the plants. These nutrients include primary nutrients such as nitrogen, phosphorous, and potassium; secondary macronutrients such as calcium and sulfur; and micronutrients such as zinc, boron, and iron.

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Market Players

Market Research Future recognizes The Mosaic Company (US), Israel Chemicals Limited (Israel), Sociedad Química y Minera de Chile (Chile), EuroChem Group (Switzerland), Nutrien Ltd (Canada), ZuariAgroChemicals Ltd (India), PhosAgro (Russia), Haifa Chemicals Ltd (Israel), CF Industries Holdings, Inc (US), and Yara International ASA (Norway) as the key players operating in the global CBD plant nutrients market.

Key Findings of the Study

The global CBD plant nutrients market is expected to register a growth rate of 36% from 2019 to 2025. The legalization of CBD in various countries is projected to propel the growth of the global CBD plant nutrients market.

Segmental Analysis

The global CBD Plant Nutrients Market has been segmented on the basis of type, category, mode of application, and region.

On the basis of category, the global CBD plant nutrients market has been segmented into organic and conventional. The conventional segment accounted for a larger market share in 2018, owing to conventional farming practices. However, the organic segment is projected to exhibit a higher CAGR owing to the increasing preference for organic food and ingredients.

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Regional Analysis

North America, Europe, Asia-Pacific, and the rest of the world are the regions studied under the scope of the report. As per MRFR analysis, Asia-Pacific was the dominant market accounting for the largest share in 2018. Moreover, the market in North America is expected to register the highest CAGR of 28.52% during the assessment period. The North American market accounted for the second-largest market share in 2020.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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